Tag: trading

Crypto, News

Bitcoin $BTC Witnesses Strong Accumulation Streak Amid ETF Trends, Positions For Upward Movement 

Bitcoin is currently experiencing one of its most notable accumulation streaks in nearly three years, as indicated by the Accumulation Trend Score remaining near 1 for the past four months. This sustained trend reflects a growing confidence among larger entities in the Bitcoin market, signaling positive sentiment. #Bitcoin is witnessing […]

Crypto, News

Bitcoin Surges Past $43,000 Amidst Institutional Investments

Bitcoin’s price surged past the $42,000 barrier, reaching $43,838, breaking through resistance levels at $42,500 and $43,200. Currently, the price is consolidating gains above the $42,500 resistance zone, although bears emerged after it hit the $43,800 mark. In recent on-chain reports, Grayscale deposited 4,419 BTC ($191M) into Coinbase Prime, bringing […]

Market Analysis

SUI PRICE ANALYSIS & PREDICTION (January 30) – SUI’s Bullish Trajectory Remains Intact Despite Correction, Up 40% Weekly

Sui’s trend continued to advance higher despite market’s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days.  Reaching a multi-month high of $1.44 in the mid-month, SUI pulled […]

Crypto, News

Polygon Nearly Matches Ethereum In User Acquisition in 2023, Adds 2.8 Million Users This January 

In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside.  The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million.  NEW: Polygon acquired […]

Crypto, News

Examining DAI’s Dominance In The CDP Ecosystem

Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]

Crypto, News

$LSK Sees Good 25% Price Increase While The Rest Of The Market Suffers Bitcoin’s Dip, Here’s Why 

$LSK has experienced an impressive surge, soaring over 25% in the last 24 hours and achieving a substantial 2800% gain in its 24-hour trading volume. This recent upswing can be attributed to the team’s announcement of $LSK’s strategic move towards Ethereum and the Optimism Superchain. A Significant Packed 2024 For […]

Crypto, News

Bitcoin Cash $BCH Takes The Spotlight While Bitcoin Battles Selling Pressure 

Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]