Cryptocurrency News
Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, each time triggering significant price jumps of 63%, 100%, 92%, and 28%. With Bitcoin currently priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip. Since February […]
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
Ethereum continued to show signs of weakness weekly as it broke below a key support level in the latest dip. The bears are regrouping on the lower timeframe as bigger drops lurk around the corner. From $3,977, Ethereum saw a lot of reductions in the past weeks and lost some […]
Bitcoin’s fear and greed index neutrally stands at 55 after weeks of decline. It just lost grip again and fell into the $61k range, looking poise for a massive sell-offs. This crucial support line may pose a threat. Bitcoin’s daily outlook is getting uglier by the day following a steady […]
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
An insider has remarkably turned 23 SOL, approximately $3,300, into 11,229 SOL, or $1.69 million, within just two days, showcasing a series of highly lucrative trades. The insider’s first notable trade involved an investment of 7.1 SOL ($1,200) into HULK (HULKAMANIA). This investment was made through multiple addresses 15 days […]
The native token of the blockchain game Illuvium, $ILV, has experienced a sharp decline of over 5.3% within a few hours. The price dropped from $71.2 to $65.85, sparking concern among investors. The #GameFi altcoin $ILV, the native token of blockchain game @illuviumio, plunges 5.3% in the last 1 hour‼️ […]
ORDI is up today following a three-day bounce off a monthly low. It looks poise for an increase but buying volume appears low. Despite that, it is leading the market’s top gainers chart with a 4% gain since yesterday. In the latest meltdown, Ordi lost almost 50% of its value […]
Following a successful rebrand from Helio Protocol to Lista, the decentralized stablecoin system’s token, LISTA, has reached a new high, with its current price at $0.8456. Initially priced at $0.565, Its value has climbed above $0.8, demonstrating strong market interest and investor confidence. . $LISTA 新高，现价 $0.8456🚀 一月分享的空投你参与了吗😉 Lista 就是 […]
The 24-hour trading volume of USDT (Tether) issued on the Tron network has reached an impressive $53.031 billion, surpassing the average daily trading volume of Visa. In the first quarter of 2024, Visa reported a total trading volume of $3.7 trillion, with an average daily volume of $42 billion. The […]
Bitcoin’s price range between $65K and $66K has fostered an environment of fear and disinterest among traders, leading to widespread capitulation. This extended level of Fear, Uncertainty, and Doubt (FUD) is rare, as traders continue to give up. However, this period of trader fatigue, combined with whale accumulation, often leads […]
Ethereum is experiencing a significant uptick in trader interest following the recent conclusion of the SEC’s investigation into the cryptocurrency. Adding to the excitement, Pantera Capital has announced plans to purchase $100 million worth of Ethereum. 📊 The coins seeing the largest rise in trader interest right now are: 👍 […]
Once again, Chainlink LINK bounced off a key support area after several failed attempts to break it since the start of the year. A continuous increase above this support should bring the bulls back into the market. Late last month, Chainlink ended a five-week retracement move with a multiple rejection […]
Several artificial intelligence and data tokens have recovered slightly from their recent lows following a new buy order in the crypto space. FET currently leads the industry tokens in the latest recovery. This month has been a turbulent period in the market as most altcoins dipped to a new monthly […]
Despite the S&P 500’s ongoing rally, Bitcoin has experienced a significant decline, marking a rare divergence between these sectors since the stabilization following the FTX collapse in late 2022. Typically, such market conditions would see cryptocurrencies experiencing a relief bounce to catch up. 📊 Bitcoin's plummet has come in spite […]
Amid the recent $CRV liquidation crisis, six major investors, known as whales, have seized the opportunity to accumulate a substantial 55.26 million $CRV, equivalent to approximately $19.4 million. Notably, five of these six whales are first-time $CRV buyers, contributing to a noticeable surge in first-time $CRV purchases over the past […]
While most altcoins are yet to find a bottom in the recent dip, LDO has bounced back and is now bullish again after increasing notably in a week. It approaches a key resistance where a potential break lies. After the late 2023 surge that triggered a rally from a low […]