Bitcoin’s recent impressive performance has been the driving force behind the significant rise in the cryptocurrency market, leaving investors reaping profits as digital currencies experience a sharp increase in value. The correlation between Bitcoin and stocks has notably strengthened over the past two months, indicating investor optimism surrounding the possibility […]
Tag: Profit
Polygon MATIC Experiences Range-Bound Trading Amidst Selling Pressure
Today, Polygon MATIC token is exhibiting a range-bound behavior, encountering slight selling pressure in the early trading hours. The selling pressure emanated from reports provided by Spotonchain, indicating that Wallet 0xa31, associated with the Hermez Network, deposited 3 million MATIC tokens ($2.85 million) to Kraken at an average price of $0.95 […]
Trader Strikes Gold With $SORA Cryptocurrency, Making Over 39 ETH
In a remarkable turn of events, a trader has seized a rare trading opportunity, reaping significant gains with the emerging cryptocurrency, SORA. According to insights shared by LookOnChain, the trader entered the market ahead of the curve, acquiring a substantial 16 million SORA tokens before the influx of other buyers, […]
Bitcoin ETF Trading Volume Surges Amidst Price Rally
In a resurgence of activity, Bitcoin’s ETF trading volume has soared in mid-February, surpassing $1.8 billion per day across the seven most prominent ETFs: GBTC, IBIT, FBTC, ARKB, BTCO, BITB, and HODL. This surge in trading volume coincided with Bitcoin’s breach of the $50,000 mark earlier this week, signaling a […]
API3 Continues To Thrive Despite Market Maker’s Move On Binance
The decentralized autonomous ecosystem (DAO) API3 has been making significant strides in recent times, showcasing notable progress and resilience within the crypto space. Despite recent reports of market maker company DWF Labs depositing over $1 million worth of 200,000 API3 (API3) tokens onto the cryptocurrency exchange Binance, API3 remains on […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (February 17) – Matic Faces Crucial Resistance After Surge, Can It Breakthrough?
Following a nice bounce above the $0.80 range last week, Matic increased by another 15% this week to reclaim a key resistance level. The price is currently stuck as it negotiates for the next major move. Matic’s recovery has been impressive over the past weeks following a sharp bounce off […]
CARDANO PRICE ANALYSIS & PREDICTION (February 17) – ADA’s Recovery Continues But Now Facing A Key Resistance Level
Cardano’s ADA bounce is becoming stronger following a daily increase since the start of the month. Although it has cooled off buying pressure a bit after facing a key resistance. But a bigger move lies ahead. Following last month’s recovery, which temporarily stopped at $0.54, ADA pulled back into this […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 17) – Chainlink Pauses Buying After Increasing By 30% In Two Weeks, Incoming Retracement?
Since the price broke out of an accumulation face two earlier this month, Chainlink LINK has been struggling to increase but has managed to reach a significant milestone for the first time in two years. It currently appears calm on the daily. The recent monthly break out of an accumulation […]
VECHAIN PRICE ANALYSIS & PREDICTION (February 17) – VET Completely Breaks Out Of Bearish Zone After A Massive Explosion, Signals Bull Run
As volatility flows into the lower-cap altcoins, VeChain’s price exploded by 100% weekly and rallied hard to a new multi-month high after two years of trading in a bearish zone. It signals bullish and looks ready for a bull run. After marking resistance near the $0.039 level during the late […]
Worldcoin (WLD) Surges Over 35% Amid Whale Accumulation
Worldcoin (WLD), backed by Sam Altman, has experienced a significant surge in value, witnessing a remarkable increase of over 35% today. The sudden uptick in price can be attributed to a recent whale accumulation, resulting in substantial profits for investors, according to insights from Spot On Chain, a prominent crypto […]
Phishing Scheme Targets Beam Network, Resulting In Loss Of 181 Million BEAM Tokens
A recent phishing scheme has rocked the Beam network, resulting in the loss of a significant amount of its native cryptocurrency, BEAM. According to a report from on-chain source Spotonchain, 181 million BEAM tokens, valued at $4.63 million, were lost on February 15th. The target of the scheme was Kirill.eth, […]
Blur ($BLUR) Sees Modest Growth Amidst Unlocking Of Tokens
Blur ($BLUR), a prominent participant in the non-fungible token (NFT) marketplace and aggregator platform, has experienced a slight uptick of over 10% in the past week, although its price has been subject to fluctuations. The platform offers advanced features such as real-time price feeds, portfolio management tools, and multi-marketplace NFT […]
Crypto Market Witnesses Influx Of Stablecoins Amidst Bullish Trend
Amidst the ongoing bullish season in the cryptocurrency market, there has been a surge in inflows, particularly with stablecoins flowing into exchanges, as per recent reports. According to insights from Lookonchain, a significant whale has re-entered the crypto market, initiating substantial fund injections. Over the past 26 hours alone, this […]
Bitcoin Open Interest Hits Highest Level Since April 2022 As Whales Accumulate
The cryptocurrency market is witnessing significant activity, with Bitcoin’s open interest across all exchanges soaring to its highest level since April 2022, reaching an impressive $13.57 billion. #Bitcoin open interest across all #crypto exchanges, representing the total number of open long and short $BTC positions, has surged to its highest […]
Bitcoin Surges Past $52K, But Caution Prevails Amidst Potential Threats
Bitcoin has made a significant rebound, briefly surpassing the $52,000 mark for the first time since December 3rd, 2021. However, seasoned investors remain cautious as excessive jubilation often precedes market corrections, especially when social media chatter turns to discussions about reaching new all-time highs. 📈😮 #Bitcoin has resumed its climb, […]
VeChain Tokens Experience Remarkable Growth: VTHO And VET Surge
In a surprising turn of events, VeChain tokens ($VTHO and $VET) have witnessed substantial growth over the past 24 hours, marking significant milestones in their trading journey. $VTHO, a vital token utilized within the VeChainThor public Blockchain ecosystem, has seen an impressive surge of 115% in its value today, accompanied […]
Ethereum Surges To $2,800 Amidst Bullish Sentiment
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a remarkable surge, reaching $2,800 for the first time since May 2022. #Bitcoin Breaks $52k#Ethereum Breaks $2,800 🔥🚀 pic.twitter.com/hSZsn89k0J — CoinEcho (@mycoinecho) February 15, 2024 This notable increase of 24% since February 1, 2024, underscores renewed optimism among analysts and […]
Decline In Ethereum-Based ERC-404 Tokens Sparks Whales’ Interest, PANDORA Gets Investor’s Interest
Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape. Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal. With a decline of over 4% observed […]