Ethereum ETH is up again as it follows Bitcoin’s movement after correcting by roughly 20% in the past week. It has formed another bullish pattern and is now jerking up for a new rally on the daily timeframe. Two weeks ago, Ethereum tapped the $4,094 level after trending bullishly for […]
Tag: trading
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 […]
Bitcoin Short Liquidations Totaling Nearly $40 Million Amidst Price Surge
Short positions in Bitcoin worth almost $40 million were liquidated within the past 24 hours as the cryptocurrency’s price surged upwards. As Bitcoin surpassed the $68,000 mark, short positions were swiftly eliminated, resulting in significant liquidations. During the last 24 hours, the leading digital asset by market capitalization experienced a […]
FSL Ecosystem’s Native Token GMT Surges 11% Amidst Increased Trading Activity
The native token of the FSL ecosystem, GMT, witnessed a remarkable surge of 11% in value today, accompanied by a surge in trading volume exceeding 370%. This surge in activity has drawn attention to on-chain reports from Spotonchain, shedding light on significant movements within the GMT ecosystem. Fresh wallet 0xc7e […]
Digital Asset Investment Products Witness Record Outflow, Bitcoin Leads As Ethereum Sees Whale Activity
Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 […]
RWA Token ONDO Hits All-Time High As Whales Accumulate
The price of Real World Assets (RWA token) $ONDO has experienced a remarkable surge, with a staggering 93% increase over the past five days, coupled with a 20% spike today, propelling it to an all-time high of $0.974. This surge in value has captured the attention of market participants and […]
BITCOIN PRICE ANALYSIS & PREDICTION (March 25) – BTC Volume Is Low Amid Fresh Increase, Will This Pressure Last Long?
Bitcoin recently found support and is slowly climbing back after providing a 15% discount last week. Currently, buying volume appears insufficient to bring the bulls back on track as they face key resistance. In the mid-month, Bitcoin encountered resistance and had a stopover at around $73.7k after almost doubling its […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (March 25) – Matic Bounces After Locating Support, But Can It Hold Well?
This week saw Polygon MATIC through a break in selling after finding a solid ground level. Following a slight surge today, it currently trades at a key psychological level as it remains trapped in a broadening wedge. Matic is slowly bouncing back after posting losses for over a week. It […]
Ethereum Faces FUD Amidst Regulatory Scrutiny: A Closer Look At The Facts
Ethereum, the second-largest cryptocurrency by market capitalization, encountered a whirlwind of criticism and regulatory scrutiny over recent months, leading to a surge in speculative fear, uncertainty, and doubt (FUD) surrounding its future trajectory. As Ethereum’s price performance lags behind Bitcoin and Solana gains traction, coupled with regulatory concerns over its […]
Maker (MKR) Tokens Surge Amidst Heavy Trading Activity: What’s Behind the Rally?
Maker (MKR) tokens have experienced a remarkable surge in value, soaring by 14% in the past 7 days and an impressive 56% in the last 30 days. This surge comes amidst notable trading activity, with one particular wallet, likely belonging to a significant investor, making significant deposits to Binance. Over […]
Crypto Markets Rally After Fed’s Interest Rate Decision, Here’s Why!
Following the recent announcement by the Federal Open Market Committee (FOMC) to maintain interest rates at current levels, the cryptocurrency markets have staged a robust rebound. Traders are feeling bullish, buoyed by the decision’s positive impact on both equities and the correlation between cryptocurrency and the S&P 500. 🇺🇸📈 After […]
Maker’s Recent Price Surge And Subsequent Decline: What’s Behind The Movement?
The price of Maker (MKR), the governance token of the MakerDAO and Maker Protocol, has experienced significant volatility in recent days, reaching a yearly high of $3.3k before retracing to $2.7k within the past 24 hours. According to on-chain reports from Spotonchain, MakerDAO may have capitalized on the recent MKR […]
Crypto Whales Seize Opportunity Amid ETHFI’s 37% Price Drop
The cryptocurrency market witnessed a significant event as the recently listed token ETHFI experienced a sharp decline of 37% in its price. However, amidst this market turmoil, two prominent crypto whales strategically seized the opportunity to acquire ETHFI tokens. According to on-chain reports, following the 37% price drop post-Binance listing, […]
Bitcoin Faces 5% Decline Amidst Market Turbulence
Today, Bitcoin, the world’s leading cryptocurrency, experienced a notable 5% decline, slipping below the $64,000 mark, signaling increased volatility in the market. A significant event occurred on the BitMEX exchange where a user initiated a sell-off of more than 400 BTC, causing a temporary price plunge to $8,900. However, according […]
Whales Move Arbitrum Tokens To Exchanges Following Massive Unlocking
Following the recent release of a substantial number of vested tokens on March 16, whales holding Arbitrum (ARB) tokens have begun transferring their digital assets to cryptocurrency exchanges. On March 16, Arbitrum unlocked a staggering 1.1 billion ARB tokens, valued at $2.32 billion. This significant unlocking coincided with a market […]
Frontier Token ($FRONT) Hits New High Amid Whale Activity
The value of Frontier token ($FRONT) has surged to its highest point in over a year, experiencing a remarkable 200% increase in the past seven days. According to on-chain data from spotonchain, Whale address 0xc29 recently made a significant deposit of 1.22 million $FRONT tokens, amounting to $3.03 million, onto […]
BITCOIN PRICE ANALYSIS & PREDICTION (March 18) – BTC Up 2% Following a Slight Bounces, Potential Drops Lie Ahead?
Last week, Bitcoin reached a turning point after breaking significantly above its all-time high (ATH). After hitting a new high, it quickly lost steam and declined heavily. It still holds 30% gains in the past month. Following a notable bounce from the $38k level in January, Bitcoin increased well and […]
Bitcoin ETFs Experience Surge In Net Inflows Amidst Market Volatility
Recent data indicates a significant uptick in net inflows into Bitcoin spot exchange-traded funds (ETFs) on March 15th, signaling heightened investor interest amidst market fluctuations. On March 15th, the total net inflow of Bitcoin spot ETFs was $198 million. Grayscale ETF GBTC had a net outflow of $139 million for […]