The 1inch network 1INCH, known for its decentralized protocol aggregation, experienced a further decline of 5% in its token value today. This downtrend comes amidst ongoing market volatility affecting various cryptocurrencies. According to on-chain reports, Wallet 0xde9, likely associated with Wintermute Trading, recently deposited 7.44 million 1INCH tokens, valued at […]
Tag: trading
ETHEREUM PRICE ANALYSIS & PREDICTION (April 29) – ETH Encounters Resistance After Days Of Recovery, Signals Sell
After witnessing a two-week bounce from the monthly low, Ethereum ETH encountered resistance yesterday and initiated a drop. Losing grip above $3,200, the price is currently down 4%, looking weak on the day. Ethereum started the second quarter with a loss but has seen a nice recovery in the past […]
BITCOIN PRICE ANALYSIS & PREDICTION (April 29) – Post-Halving: BTC Continues To Bleed After Posting Small Gains, Targets $60k
The aftermath of the halving event has led to more bloodbaths for Bitcoin BTC as it continued to follow a negative sentiment in the past week. It may lose the crucial $60k level if it bleeds throughout this week. Posting a moderate gain a few days after the halving, Bitcoin […]
Pendle Sees Minor Decline As Smart Trader Makes Strategic Move
Today, the value of Pendle experienced a slight setback, with a 5% decrease bringing its current trading price to $5.4. Despite this dip, recent on-chain data from Lookonchain has unveiled an intriguing development involving a savvy trader’s strategic deposit into Binance. According to Lookonchain, this astute trader made a significant […]
Bitcoin Traders On Edge As Price Dips Trigger FUD
Cryptocurrency traders are feeling the heat as Bitcoin’s price plunges to $63.4K, sparking fear among investors. With dwindling buy calls on social media and an uptick in sell signals, market sentiment is wavering. The influx of fear, uncertainty, and doubt (FUD) signals a potential opportunity for market recovery. 😨 #Bitcoin's […]
Whales Accumulate $SAFE Tokens Despite Recent Price Decline
The cryptocurrency $SAFE has experienced a significant decline in its price, with a decrease of over 12% in the past 24 hours and 40% over the past 7 days. From its all-time high of $4.014, the token has seen a notable downturn, currently trading at $2.2. This decline coincided with […]
Ethereum Faces Uncertainty Amid SEC’s Rumored Rejection Of Spot ETF Proposals
Ethereum has become the focal point of discussion within the cryptocurrency community, with traders closely following reports speculating on the SEC’s intentions to reject spot Ethereum ETF proposals in May. This development comes after the approval of spot Bitcoin ETFs on January 11, 2024, and the much-anticipated Bitcoin halving event […]
Bitcoin Price Fluctuates Amid Predictions And Transaction Fee Surge
Bitcoin experienced a volatile trading session today, with its price fluctuating between highs of $65,000 and lows of $62,000. Analysts are closely monitoring these fluctuations and making predictions about future price movements using advanced models. According to predictions by The spotonchain’s analyst team utilizing Vertex AI from Google Cloud, Bitcoin’s […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 26) – Avax Initiates Fresh Weekly Drop: Can It Find Support Again?
After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week. Last week marked a moment of relief for the bulls as Matic took a short break […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (April 26) – Matic Tests This Wedge’s Lower Boundary, Is Rebound Possible?
While some top coins have recovered nicely alongside Bitcoin, Matic still finds it difficult to regain strength as it trades at around wedge’s support. The price is weak as it enters an oversold area on the daily chart. The FUD (Fear Uncertainty and Doubt) surrounding the crypto market lately has […]
Whales Continue To Accumulate ETH Despite Market Volatility
Recent data from Spotonchain indicates that whales are continuing to accumulate Ethereum (ETH), despite the recent market turbulence. In the past 24 hours, one prominent whale, identified as 0x435, withdrew a substantial amount of 7,128 ETH ($22.2 million) from Binance at a price of $3,111. Interestingly, despite the market downturn […]
Bitcoin Halving Aftermath: Analyzing Market Sentiment And Predictions
The aftermath of the April 19th Bitcoin halving has sparked varied narratives within the cryptocurrency community. While historical price data post-halving events tends to lean bullish, the trajectory of Bitcoin’s climb to $75K, $100K, and beyond hinges on several factors, including whale and shark behavior, the circulation of dormant coins, […]
Safe Protocol Secures $100 Million Funding, Welcomes Market Makers For $SAFE Token
Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong […]
EZETH Token Experiences Depegging, Whale Seizes Opportunity For Profit
The Liquid Restaking Token, EZETH, has undergone a significant depegging event, plummeting from a peak of $3,279 to a low of $2,480 within the span of 24 hours. This sudden price movement has caught the attention of crypto enthusiasts and investors alike. A notable whale identified as 0xaa1, linked to […]
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 […]
Altcoin Markets Surge As Bitcoin Rebounds: Analysis Of Top Tokens
As Bitcoin surges back above $67,000, altcoin markets are experiencing a resurgence, with profits flowing into more speculative cryptocurrency assets. According to insights from @santimentfeed’s dashboard, two tokens have particularly caught the attention of traders: $POPCAT: This memecoin has seen a remarkable 41% increase in market capitalization over the past […]
FTX and Alameda Research Deposits $ETH To Exchanges Amidst Bullish Sentiment From Whales
Recent data from Spotonchain reveals that FTX and Alameda Research have made significant deposits of 4,500 ETH ($14.4 million) to Coinbase and Binance in the past 24 hours, signaling continued activity in the Ethereum market. This follows a trend observed since March 1, where the two entities have deposited a […]
Bitcoin Halving Spurs Debate Over Transaction Fees Amidst Runes Protocol Debut
The recent Bitcoin halving on Friday has reignited discussions surrounding the cryptocurrency’s high transaction fees, particularly in light of the Runes Protocol’s debut. While some view the surge in fees as a drawback, others argue that it could ultimately benefit the broader crypto market by prompting a rebound. 🤑 High […]