Cryptocurrency News
Polygon’s native token, MATIC, has experienced a significant downturn this week, shedding approximately 23% of its value and currently trading at $0.677. In the midst of this market decline, Amber Group, a prominent player in the crypto space, made a notable move by recharging 12.75 million MATIC tokens to Binance, […]
Recent market movements have sparked discussions within the cryptocurrency community, with many suggesting that the bull market has come to an end following Bitcoin’s 16% drop from its all-time high of $73.6K reached on March 14th. As sentiments shift towards bearish territory, historical trends indicate a potential reversal in prices, […]
Ton Blockchain, a rapidly emerging player in the crypto space, is making waves with its Total Value Locked (TVL) nearing the $450 million mark, as reported by Crypto Rank. With a current market capitalization exceeding $21 billion, Ton Blockchain has surged into the Top 10 coins by market cap, signaling […]
After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn. Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week. Eventually, that low held as support and […]
Blur (BLUR) is facing significant challenges in the cryptocurrency market, with its recent struggles reflected in a 31.67% decrease in market cap over the past week and a further 6% decrease today. These declines underscore the difficulties the project is currently encountering. Recently, Blur unlocked 38.42 million BLUR tokens, valued […]
As cryptocurrency prices continue their downward trend, Ethereum has emerged as a focal point of discussion, experiencing a notable surge in conversation volume. Despite the overall market decline, the introduction of a new ETF has sparked increased interest in Ethereum, the second-largest cryptocurrency by market capitalization, even as short positions […]
Despite the recent turmoil in the cryptocurrency market, Pendle stands out as a beacon of resilience, boasting a remarkable 22% gain today and showcasing bullish behavior across all timeframes. Amidst the surge in price, Wallet 0x01f, believed to belong to a seasoned investor, has sprung back to life after nearly […]
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 […]
Initiating another sell-off this week, ORDI dipped to a four-month low and held it as support. The price bounced briefly in the past hours but it is currently the biggest loser of the day with a 17% drop in under 24 hours. Starting this week a bit strong, Ordi managed […]
Yield Guild Games (YGG) faced a downturn in the past 24 hours, slipping below the $1 mark. The cryptocurrency, which was once valued higher, has experienced a decline in both its price and market position in recent times. According to reports, Wintermute, a significant player in the crypto space, made […]
As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move. The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred […]
After losing more than 30% in a week, Avax continued to show signs of weakness as it bleeds towards the yearly low. While losing this low could result in a bigger sell-off, a stronghold above it could trigger a bounce. Following the ongoing pre-halving crash, which has led most altcoins […]
In the latest bloodbath, Bitcoin Cash BCH appeared highly bearish weekly and now trades comfortably under the $500 level. It is amongst the biggest losers of the day with a 25% drop in the last 24 hours. The last 48 hours have been a tumultuous period in the crypto space […]
In the past 24 hours, Ethena’s all-time high surged even further, reaching $1.516, reflecting the continued bullish sentiment surrounding the cryptocurrency. Recent on-chain reports reveal notable activity from smart trader 0x432, who strategically invested 725 Ethereum (approximately $2.59 million) to purchase 1.783 million $ENA tokens on-chain at an average price […]
SushiSwap’s $SUSHI Token Sees Significant Decline Amidst On-Chain Activity Over the past month, SushiSwap’s native token $SUSHI has experienced a notable decline in value, shedding 32% of its value in the last 30 days, with an additional 8% drop recorded today. Insights from on-chain reports provided by Spotonchain suggest that […]
As Bitcoin enters its final week before the highly anticipated halving event, social media buzz surrounding the topic has reached its highest level of the year, peaking at 9 PM UTC. This surge in discussion is often viewed as a signal of high confidence price reversals for cryptocurrency markets. However, […]
According to the Q1 2024 financial report released by Avalanche, the blockchain platform has demonstrated significant growth across various metrics, indicating a robust performance in the first quarter of the year. In terms of revenue, Avalanche generated a total of $7.5 million in fees and revenue, marking a remarkable fourfold […]
Pendle, the decentralized finance (DeFi) token, is edging closer to the $2 billion market cap milestone, currently standing at $1.75 billion. The token’s trajectory remains decidedly bullish across all timeframes, with a remarkable 17% gain today and a staggering 147% surge over the past month, culminating in an all-time high […]