Cryptocurrency News
As Bitcoin continues to consolidate below its recent all-time high of $73,000, a notable shift in market dynamics is taking place. Long-term holders of the cryptocurrency have entered a distribution phase, selling their holdings to new investors at higher prices. As the #Bitcoin Spot Price consolidates below the new ATH […]
Recent on-chain data analyzed by Spotonchain reveals significant movement of assets involving FTX and Alameda wallets. Approximately $105.9 million worth of 19 altcoins were transferred to two middle wallets in a recent transaction. #FTX and #Alameda wallets moved out $105.9M worth of 19 altcoins to 2 middle wallets ~14hrs ago, […]
The price of $UNI, the native token of the renowned decentralized Ethereum trading protocol, has experienced a 5% decline over the past 24 hours, signaling a period of market volatility. On-chain data provided by Lookonchain has shed light on a significant development: a whale in the $UNI market is actively […]
The newest addition to Binance Launchpool, $ENA, is generating significant buzz within the cryptocurrency community. Positioned as a synthetic dollar protocol built on Ethereum, $ENA aims to provide a crypto-native solution for money, offering users a versatile and efficient financial tool. Reports indicate that GSR Markets and Wintermute, prominent market […]
Pendle has hit a significant milestone in its market performance, reaching new all-time highs at $5.783 within the last 24 hours. This surge in value coincides with reports of Pendle’s team discussing implementation on the Solana blockchain, leading to increased interest and trading activity on the platform. Amidst Pendle’s price […]
Matic is in a downward range again after facing resistance in the past week. It has lost 5% this week with no sign of stopping yet. However, the price is trading at a key support level, negotiating for the next leg down. A week ago, Matic initiated another sell after […]
Degen has emerged as a notable contender within the cryptocurrency sphere, originating as a reward token within the Farcaster Degen channel. Its ascent has garnered attention from developers, crypto enthusiasts, and investors alike, especially amidst the ongoing surge of Base memecoins. In recent times, Degen has experienced a remarkable surge […]
Arbitrum’s value has seen a continuous decline as the new trading week unfolds, with a 4% decrease recorded today. Spotonchain reports indicate that Wintermute Trading has made additional deposits of 5 million ARB ($8.24 million) to Binance, averaging at $1.65 over the past 6 hours. Notably, this market maker has […]
In the recent recovery, Bitcoin BTC encountered resistance and failed to push higher. While the price remained in a tight range, it currently looks weak on the daily chart – now on the verge of breaking down following a 1% loss. Bitcoin recovered nicely from March’s correction but found it […]
After registering a notable gain recently, Avalanche AVAX suspended bullish and remained calm for weeks. However, it still holds 35% gains monthly amid the latest market sentiments. A big expansion is lurking around the corner. Aavx’s trend remains bullish from a short-term perspective, but it appeared temporarily suspended – subjecting […]
Alongside Bitcoin, larger-cap altcoins have been in the middle of consolidation lately, deciding on the next direction. But Solana SOL has maintained bullish daily as it slowly builds up for a fresh increase. Despite witnessing a slow-down in buying since the price bounced off $163 earlier last week, Sol’s trend […]
The recent quarterly delivery in the crypto market, surpassing $15 billion, has fueled a significant rally this week. Despite the challenge of navigating through this historic delivery, the market has shown resilience, with Bitcoin hitting the impressive $70,000 mark and volatility levels remaining high across major terms. 29 Mar Options […]
As the cryptocurrency market experiences a bullish wave, tokens linked to artificial intelligence (AI) ventures are once again seeing significant gains. Santiment’s recent report underscores this trend, revealing a marked increase in the market capitalization of projects focused on Big Data and AI. Notable assets leading this surge include $BOTTO, […]
The Maker DAO governance token MKR has witnessed a notable surge in recent days, with gains of 15% recorded over the past week. However, recent onchain activity has brought some volatility to the market. In a significant move, a whale recently offloaded 4,753 MKR tokens in exchange for 17.3M DAI, […]
Worldcoin, a leading player on the Optimism Network, has garnered significant attention with its average weekly transaction volume surpassing 1 billion and boasting over 2.5 million holders. However, despite its technological prowess, the cryptocurrency has encountered regulatory hurdles worldwide. Worldcoin leads on the Optimism Network with an average weekly transaction […]
In March, Arbitrum ARB tokens have been experiencing notable movement onto exchanges, contributing to declines across monthly, weekly, and daily charts, with losses of 14%, 6%, and 3% respectively. According to reports from Spotonchain, the past week has seen significant activity from two tier-1 market makers, GSR Markets and Wintermute, […]
Cryptocurrency traders are accustomed to Bitcoin and other assets charting their own course, often independent of traditional stocks and industries. However, recent highs in the S&P 500 and gold markets are generating a buzz within the crypto community, with many anticipating a positive divergence that could drive BTC and altcoins […]
Mantle Network’s native token, $MNT, recently reached a new all-time high of $1.484, but its price has since experienced a 14% decline today, reflecting a period of profit-taking by whales. The surge in $MNT’s price was initially fueled by its listing on Upbit, a popular cryptocurrency exchange, which led to […]