Cryptocurrency News
Ordi has posted a nice gain in the past week following a bounce off the monthly low. It is trending bullishly but the broader market outlook remains bearish on the daily chart. The price is up 20% weekly. The past two weeks have been a relief in the mid-term bearish […]
After pausing buying pressure in the mid-week due to a slight rejection, LTC dropped and found nearby support. It bounced back and continued to show signs of strength but is yet to break higher weekly. Earlier this month, Litecoin found support at around $ 57 and started to climb back […]
Trondao, a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced its support from OMNIA Protocol. This collaboration enables users to generate secure TRON Network RPC endpoints, significantly enhancing cross-chain communication. BREAKING🗞️@trondao – a community-governed DAO dedicated to accelerating the […]
Tether ($USDT) continues to reign supreme in the stablecoin market, with its market capitalization soaring to $112.5 billion in July 2024, up from $66.6 billion in January 2023. This remarkable growth highlights Tether’s sustained dominance in the sector. The stablecoin landscape has seen new entrants such as $PYUSD and $FDUSD, […]
$MNT is displaying strong bullish momentum today. After solidifying its support at $0.52, the token is continuing its upward trajectory, bolstered by a positive $BTC trend. At this rate, reaching the next target of $1.26 may happen sooner than anticipated. The previous rally saw impressive gains of 470%. Over the […]
Bitcoin whales, addresses holding 1,000 or more BTC, now possess a staggering 7.9 million BTC, marking a two-year high and representing 40% of the circulating supply. This accumulation trend signals strong confidence among large holders in the future value of Bitcoin. Bitcoin holdings for addresses containing 1,000 or more BTC […]
This week, a significant withdrawal of $126 million worth of Ethereum ($ETH) from exchanges suggests strategic accumulation in anticipation of the upcoming ETF launch. This move highlights growing confidence among investors as they prepare for potential market shifts. $126 million worth of $ETH was withdrawn from exchanges This week, signaling […]
Several altcoins went down earlier today due to a slight decrease in the global market cap but many are resurging along with Raydium, which just broke out to a three-month high following a massive surge. Picking up from a low of $1.4 last month, Ray has seen a notable increase […]
According to Scopescan, a Safe Multisig wallet managed by LayerZero Labs withdrew 5 million $ZRO (worth $21.3 million) from Binance. This move led to a 6.8% surge in $ZRO’s price yesterday. A Safe Multisig created by @LayerZero_Labs withdrew 5M $ZRO ($21.3M) from #Binance. Price of $ZRO pumped by 6.8% today. […]
Despite a general decline in $CRASH on the BASE network, smart traders are still actively buying the token over the past two days. According to multiple reports, $CRASH has one of the fastest and strongest-growing communities on the BASE network, underscoring its potential and attracting savvy investors. $CRASH has the […]
Recent movements in the Ethereum market indicate significant accumulation by large holders, suggesting bullish sentiment ahead of potential developments like Ethereum ETFs. SEC Commissioner Peirce’s recent comments hint at possible reconsideration of Ethereum ETFs, especially with features like staking potentially influencing regulatory decisions. NEW: SEC Commissioner Peirce tells me Ethereum […]
Recent developments in the Bitcoin market have showcased notable shifts in both supply and institutional interest. The market absorbed over 48,000 BTC from sell-offs sourced by the German Government, coinciding with anticipated Mt. Gox distributions in the near future. Bitcoin’s daily on-chain volume now hovers around $46.4 billion, comparable to […]
On July 16th, Worldcoin ($WLD) announced a pivotal change to its unlocking schedule for investors and team members, extending it from three years to five years. This adjustment means that starting July 24th, only 2 million $WLD will be unlocked daily, compared to the previous 3.3 million. This news sparked […]
XRP has climbed above $0.58 for the first time since the market-wide retrace on April 12th. This significant rebound is largely supported by increased coin hodling from whales and sharks holding over 100,000 XRP coins. A notable turning point in supply accumulation began last August, indicating growing confidence among major […]
Following a slight crackdown from a range two weeks back, Ripple XRP saw a fast recovery and jumped consistently until the price broke above the range. It is looking highly bullish following a massive surge in volatility. Following past months of broader price correction, XRP appeared to have found solid […]
The SEC has given the green light for spot Ethereum ETFs to commence trading on July 23. According to Bloomberg analyst Eric Balchunas, the SEC has instructed issuers to submit the final S-1 form by Wednesday and apply for effectiveness after the market closes next Monday, allowing trading to start […]
The cryptocurrency market is witnessing a significant resurgence, with Bitcoin climbing back to $63.3K. This rally began almost immediately after the near-assassination of former President Trump on Saturday, and the bullish momentum has shown no signs of slowing down. However, experts recommend caution, as the crowd’s overwhelming bullish sentiment could […]
Interest in $MKR has surged recently, primarily due to its robust financial performance and strategic potential. MakerDAO, the project behind $MKR, is generating $85 million in quarterly revenue, reaching an all-time high. With nearly all $MKR coins already in circulation, the project stands out in a market where many are […]