The market is now calm after the big ups and downs from yesterday, caused by wrong information about the approval of a spot Bitcoin ETF. Interestingly, many altcoins have bounced back from the uncertainty. Currently, MATIC’s price is showing some positive signs according to on-chain data. As more people are taking their MATIC out of...Read More
The market underwent a correction this week, influenced by rising inflation and interest rates. Bitcoin’s price stabilized in a balanced zone below $27K, sparking a shift in market sentiment. While leading altcoins struggled to deliver strong performances, numerous emerging projects captured attention this week, satisfying investors with their achievement of short-term price goals. Nonetheless, traders...Read More
The crypto market has been trading negatively as the market continues to trade under the influence of the bears. Top cryptocurrencies have displayed a sideways pattern for the first time in over a week, indicating a possibility for the crypto industry to rebound soon. The month of October had started on a bullish note as...Read More
The crypto space struggles to regain momentum as the market constantly trades in the red. Bitcoin and top altcoins continue to hover around their support levels as the industry trades under the bear’s influence. The APE price has been trading in a consolidated range of $1.078 and $1.135 since the start of September, following which...Read More
Recently, a lot of people have started selling their holdings, which has caused the prices of major ones, like Bitcoin, to fall sharply. Right now, the prices of altcoins are kind of stable, but they’re at a low point that we’ve seen in the past month. Bitcoin’s price is currently knocking $27,000, and it’s testing...Read More
After a week of notable declines in Terra Luna Classic (LUNC) value, the altcoin has sparked hopes of a potential revival. Recently, buyers have boldly capitalized on LUNC’s price dip, establishing robust support and forcing the price into an upward correction. Nonetheless, concerns are rising over a possible pause in the recovery rally, as sentiment...Read More
In a sudden move, Solana (SOL), one of the most talked-about altcoins currently in the market, has encountered a significant resistance that has halted its upward journey. Interestingly, the current bearish rally is echoing the turbulence of March 2022 as this week saw the largest inflow for Solana since 2022. This was mainly due to...Read More
The bitcoin price is struggling to rise above $28,000 after facing a couple of rejections at these levels. Due to this, altcoins currently appear to be uncertain about the impending trend, while a major shift is fast approaching. This could result in altcoins having an upper hand compared to Bitcoin. However, this certainly may not...Read More
October began bullish for the crypto market, with Bitcoin price tapping the $28K level. However, just as ‘Uptober’ was getting started, it experienced a halt as large and long-term holders began booking their profits. Although this momentarily faded the revival of the ‘Uptober’ trend, the market has since rebounded significantly due to increased buying demand...Read More
Solana Compass has recently provided insights into the latest Solana (SOL) network activity, specifically during its 512 epoch. According to the website that tracks SOL staking activity, an estimated 19.637 million SOL tokens were unstaked during this period. In the recent Epoch 512, 19.637 million SOL were unstaked, with a net unstake of 16.516 million...Read More
In the wake of a broad market selloff yesterday, numerous altcoins, Ethereum included, touched their pivotal support levels. However, the sudden comeback of buyers’ interest in combating rising sell pressure facilitated an ETH price bounce from its sturdy support zone. At present, Ethereum’s price is showing bullish on-chain indicators, bringing confidence among those holding long...Read More
Recently, BTC’s price encountered resistance at $28.5K, taking a dip towards the pivotal $28K mark. Similarly, the meme coin sector is experiencing challenges. Top meme coins, Dogecoin and Shiba Inu are currently experiencing slight declines near their resistance points as sellers find opportunities from price spikes. Sellers Prepare For A Downward Correction Over the past...Read More
While the crypto market began September with a downward trend, it concluded the month on a high note, with Bitcoin (BTC) stabilizing just under $27K and Ethereum (ETH) trading close to $1,650. As we step into October, there’s curiosity about which altcoins might shine. Given the continued interest in Bitcoin Cash (BCH), Chainlink (LINK), and...Read More
The crypto industry is on track to stabilize the market, but on the other hand, the top coins continue to hover around their support levels as the top 10 coins are currently trading in the red. The BNB coin has been experiencing massive price volatility since the start of the month. Following the dip, the...Read More
The crypto market has recently been under the weather, with indicators showing downward shifts. Interestingly, these ups and downs offer a deep dive into the current state of cryptocurrency and why the market is down today. The Crypto Market’s Rollercoaster Ride Once riding high, the global crypto market began to lose steam on July 13,...Read More
Crypto analytics platform Santiment has found that the ratio of Bitcoin discussions among market participants has plunged to a three-month low, while traders have been distracted by several altcoins. According to a Monday post on X, traders are afraid of missing out on pumps of smaller crypto projects and have sidelined Bitcoin to focus on...Read More
Dubbed the “Dogecoin killer,” SHIB’s price had been in a bearish consolidation phase in recent days. However, a reversal occurred as the meme coin executed a 180 turnaround, surging above critical resistance thresholds to break free from its bearish grip. This remarkable surge was accelerated by a sharp uptick in whale activity, hinting at the...Read More
In the past day, Terra Luna Classic experienced a significant uptick, breaking through key resistance barriers, sparking hope for a potential bullish surge. While LUNC claimed the title of ‘top gainer’ today, it’s now struggling with maintaining its upward momentum due to unfavorable on-chain signals. This has led to rising concerns of a sharp drop,...Read More
As Bitcoin struggles to maintain its price level above $27,500, Ethereum is also attempting to rally past the critical $1,650 threshold. Amidst the increased volatile day, whales are not sitting idle; even those who have been dormant are now making significant plays. With a noticeable uptick in large-scale transactions, traders are left wondering whether more...Read More
After weeks of sideways trading, Litecoin finally broke free from its resistance level, sparking a wave of buying demand among investors. The digital silver to Bitcoin’s gold is currently aiming for a $70 price point following the bullish breakout. However, there’s a growing concern about a plunge from the upcoming resistance level as the LTC...Read More
The altcoin sector has been showing signs of recovery over the past week, following Bitcoin’s price breaking through the significant $26,500 threshold due to increased buying interest. At present, investor focus seems to be shifting towards altcoins, as numerous tokens—including key metaverse coins—have experienced a price uptick this week. This could potentially trigger a new...Read More
While the cryptocurrency market experienced a welcome upswing this week, reaching a high of $26,500 for Bitcoin, PEPE’s price didn’t follow suit. It remained cold, unable to capture the bullish momentum, thereby keeping the price in a bearish zone. As the week draws to a close with PEPE still on a downward trend, holders of...Read More
Telegram recently released its self-custodial wallet on The Open Network (TON) blockchain. However, this development has sparked controversy. Following the launch, CertiK, a reputable blockchain security firm, issued a warning about the use of Telegram bot tokens. Certik’s Cautionary Message On Sept. 13, Certik released a cautionary message on social media, advising cryptocurrency enthusiasts to...Read More
CertiK has revealed transactions connecting the breaches at Atomic Wallet, Alphapo, CoinsPaid, Stake.com, and CoinEx that show Lazarus Group’s involvement in these exploits. This comes while the digital community is reeling from various cyber attacks that have affected several major Web3 entities. On-Chain Connections The infamous Lazarus Group, supported by North Korea, is still causing...Read More
As Bitcoin price faces challenges, Ethereum stands out with its ongoing recovery rally, encountering minimal obstacles. Additionally, the U.S. Bureau of Labor Statistics’ August CPI data revealed a 3.7% year-on-year inflation rate, inducing volatility for BTC around the $26K mark. In contrast, Ethereum remains largely stable, backed by a growing buying interest among investors. 1073K...Read More
In a trading environment where a bearish outlook has taken center stage, leading to heavy asset liquidation every hour, Litecoin (LTC) is capturing attention for all the right reasons. As traders prepare for another wave of selling pressure following tomorrow’s highly awaited court approval that will enable FTX to offload its $3.4 billion in cryptocurrency...Read More
In a surprising turn of events, the hype surrounding Shibarium may have faded, but the Shiba Inu coin’s burn rate has skyrocketed by an impressive 270% within the last 24 hours. This remarkable surge in the burn rate translates to a significant reduction in the total supply of Shiba Inu coins, potentially paving the way...Read More
XRP stands at a pivotal crossroads. A comprehensive assessment by Poseidon, a well-acknowledged crypto pundit, offers insights into the coin’s future trajectory. With the recent turbulence, where does XRP go from here? Let’s break down Poseidon’s prediction and analysis. A Look Back at XRP’s Performance In its heyday, XRP stood out among its peers, experiencing...Read More
As Ripple’s ongoing legal battle with the SEC keeps traders and investors on edge, the company has recently taken some significant actions that have sparked a surge in trading and whale movements in the XRP market. Additionally, an increase in outflow signals a potential bullish comeback for XRP, fueling bullish hope for an upward push...Read More
Following the recent embarrassment of the Shibarium network failing to respond, the layer-2 scaling solution for the Shiba Inu blockchain is now live. Despite the initially rocky start, the market welcomes the news with open hands. With a 2.24% jump last night in response to the Shibarium network, the SHIB coin price forms a strong...Read More
