The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
Tag: currency
Synthetix Founder Unlocks $6.5M, Donates $86K To Former Treasurer SynthaMan
On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge. SynthaMan had posted a message two days ago stating that he lost all his crypto assets due […]
Bitcoin’s Exponential Gains And Market Dynamics: A Closer Look
Bitcoin has historically exhibited exponential gains during bull cycles, although each cycle has also seen significant drawdowns. The current upward momentum is driven by the anticipated approval and influence of spot ETFs, which are expected to bring more investors into the market. New inflows haven't even started yet “Bitcoin's upward […]
Crypto Markets React Sharply To Attempted Assassination Of Donald Trump
The attempted assassination of Donald Trump yesterday caused an immediate reaction in the crypto markets. Bitcoin (BTC) rebounded to as high as $60.3K, marking a 10-day high. Meanwhile, the $TRUMP token surged by 63% as the news broke. Given the gravity of any assassination attempt on a public or non-public […]
Smart Trader Capitalizes On $PAAL Dip, Sees Significant Gains
Three days ago, Smart Trader 0x60f2 made a strategic move by purchasing $21,000 worth of $PAAL during a market dip. Since his purchase on July 12, the price of $PAAL has surged by 35%. Despite this rapid increase, the trader took a conservative approach by only taking 10% profit when […]
ETHEREUM PRICE ANALYSIS & PREDICTION (July 15) – Is ETH Set For A Fresh Rally Following This Double-Bottom Pattern?
Ethereum is starting this week with another 5% gain after closing last week with a huge profit. While testing a minor resistance level, the price looks strong, forming a new bullish pattern on the daily timeframe. As mentioned in the past weeks, the crucial $2,800 support level has produced a […]
Ethereum Rises Amid Spot ETF Filings, Whale Activity, And Staking Milestones
Ethereum is currently the top trending token in the cryptocurrency market, following the filing of updated S-1 forms for Spot Ethereum ETFs by major financial players including Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock. Ethereum’s market value has climbed to $3,080, positioning it to potentially separate itself from the broader […]
MANTRA Launches $OM Liquidity Pool On Base, Expands DeFi Opportunities
MANTRA has successfully launched its first $OM Liquidity Pool (LP) on the Base chain. Following approval, MANTRA worked swiftly to integrate $OM into the Base chain ecosystem. The existing OM/ETH LP on Uniswap, which already boasts over $5 million in liquidity, allows for seamless swaps on Ethereum. The deep liquidity […]
Meme Token $HONK Soars 250% In A Week, Attracting Smart Money
In the past seven days, meme token HONK has surged 250%, drawing significant attention from smart money. Between June 27 and 29, new buy orders from savvy traders marked a notable shift (Image 1), while early holders of HONK, who entered during the initial listing phase, began to take profits […]
Lido DAO Sees Decline As Amber Group Recharges Tokens On Coinbase
Lido DAO, known for its decentralized autonomous organization providing liquid staking services for various blockchains, including Ethereum and Polygon, experienced a further decline of 6% today, nearing the $1.5 mark. Recent on-chain data confirms reports that Amber Group, a prominent player in the crypto space, has once again recharged 1 […]
Ethena Faces Further Decline As Whales Capitulate Amid Losses
The Ethena token (ENA) has continued its downward trajectory, experiencing a 4% decline today and a significant loss of 34% in value over the past 30 days, indicating ongoing challenges for investors. One notable event contributing to the downturn is the capitulation of a significant whale investor who decided to […]
POLKADOT PRICE ANALYSIS & PREDICTION (May 2) – DOT Signals A Reversal Following 5% Daily Gains: Incoming Bullish?
Yesterday, Polkadot DOT found a temporal support after falling consistently for a week. The price increased and broke slightly above a crucial resistance line, suggesting a possible bullish reversal pattern on the daily chart. Last week saw DOT through another decline after retesting the $7.58 level as resistance. It rolled […]
HEDERA PRICE ANALYSIS & PREDICTION (April 24) – Hbar Explodes 100% Daily To Reach A New Milestone, Faces Rejection
Starting this week on a strong note, Hbar exploded massively and saw the most gains in the last 24 hours. As a result, it appeared super bullish on the daily chart, leading the altcoins rally today with a 70% increase. Coming from a major correction phase, Hbar found solid ground […]
Chainlink’s LINK Sees Price Slowdown Despite Recent Whale Activity
Chainlink’s native token, LINK, which demonstrated strong performance earlier this year, is currently experiencing a deceleration in its price momentum, with the cryptocurrency trading around $14.25. Over the past week, Chainlink (LINK) has witnessed a significant decline of -22%, followed by a monthly decrease of -25%. Despite this, the price […]
BASE Network Meme Token $BORED Pre-Sale Participants Ride Roller Coaster Of Price Swings
The participants in the pre-sale of the BASE Network Meme Token $BORED witnessed a tumultuous journey today as the token’s value fluctuated wildly. Following its launch, $BORED experienced a sharp decline, only to rebound dramatically by 119% within the last 6 hours, reaching an unprecedented high. One notable investor, identified […]
Base Network Witnesses Surge In Transactions And Launch Of Mfercoin
On March 29th, the Base network experienced a significant uptick in activity, with the number of transactions soaring to 2.275 million. This surge in activity coincided with a substantial increase in transaction volume on the decentralized exchange (DEX), reaching an impressive $730 million. Notably, the market value of network stablecoins […]
Fresh Whales Boost $GMT And $DYDX Tokens With Significant Accumulation
The native token of the FSL ecosystem, $GMT, and the L1 protocol token for the dydx chain, $DYDX, have both seen a 9% surge in value today, fueled by on-chain data indicating new whale accumulation. Spotonchain reports that Whale 0x240 made a substantial withdrawal of 1.86 million $DYDX ($6.65 million) […]
ONDO PRICE ANALYSIS & PREDICTION (March 26) – Ondo Encounters Resistance Following An Impressive Rally, Incoming Retracement?
Most altcoins on the Real World Assets (RWA) zone are gaining traction alongside ONDO witnessing an impressive rally in the past week. It has encountered resistance and currently looks weak on the day. Ondo appears highly bullish after increasing by over 10x since it was launched on Kucoin and other […]