The Bitcoin halving season is a highly anticipated event in the cryptocurrency world because it often brings positive changes to the industry. During this time, the reward for Bitcoin mining is cut in half, slowing down the rate at which new bitcoins enter the market. Since Bitcoin has a big influence on the entire cryptocurrency…
Dogecoin is trying to bounce back above the $0.150 mark against the US Dollar. However, it might face difficulty breaking through the $0.170 barrier. DOGE began recovering from the $0.1280 support against the US dollar. It’s now above $0.1500 and the 100 simple moving average (4 hours). On the 4-hour chart of the DOGE/USD pair…
With Bitcoin’s price climbing above $65,000, many investors think the worst is over. The MVRV ratio, which measures profit against market value, suggests a buying opportunity with potential gains of 67%. Bitcoin bounced back strongly last weekend, hitting $66,000 after a bit of selling last week. Now, analysts are keeping a close eye on where…
Amid shifting market conditions, meme coins capitalized on the opportunity to boost their values. BONK took the spotlight with an impressive 40% surge, while FLOKI also experienced significant growth. These gains coincided with increased social media activity surrounding BONK, indicating heightened interest in the meme coin sector. BONK Rockets 40% After Bitcoin’s Fourth Halving In…
Solana experienced a significant drop in revenue in the last quarter, despite a surge in price, as interest in Solana NFTs declined. Solana (SOL) has gained considerable attention in recent months due to its growing popularity among users. However, the network faced challenges during the first quarter of 2024. Mixed Financial Performance of Top Blockchains…
Bitcoin miners will continue to receive 3.125 BTC per block until 2028. According to Mark Yusko, Bitcoin’s fair value has surged to $80,000. Despite this, current Google searches for Bitcoin remain relatively low, suggesting that we may be in the early stages of a bullish market. Now that Bitcoin has surpassed the halving event, miners…
Jito (JTO) price has surged by 10% in the last 24 hours, reaching $3.88, with its market cap surpassing $450 million. This surge comes alongside a significant uptick in open interest across major exchanges like Binance, OKX, and Bitget, rising by 20-45% within the same period. Jito’s open interest surged by 20-45% in the last…
Solana’s price has experienced a significant correction in recent weeks, dropping from about $210 to around $116. Despite this downturn, there is speculation about a possible upswing in the near future. The future direction of Solana hinges on crucial support and resistance levels, including Fibonacci levels and EMAs. Mixed signals from indicators like the MACD…
Cardano’s price correction finds support at the 61.8% Fibonacci retracement level, while Bitcoin remains strong above $60,000. The MVRV Ratio for Cardano dips below 22%, historically indicating significant price rebounds. Technical indicators hint at potential bullish momentum ahead. Investors have been closely watching the recent downturn in Cardano’s (ADA) price. After reaching a high of…
After a long wait, Bitcoin’s fourth halving happened on April 20th GMT. With the completion of the fourth Bitcoin halving, what does this mean for both the market and you? Because of this, mining rewards have been reduced from 6.25 BTC to 3.12 BTC. This rare event happens once every four years, and Bitcoin went…
During the ongoing Token2049 conference in Dubai, Arthur Hayes, co-founder of BitMEX, compared Bitcoin to gold but stressed Bitcoin’s superiority. He analyzed the monetary policies of governments such as the US, China, and Japan, highlighting Bitcoin’s suitability amidst the expansion of central banking balance sheets. Hayes Forecasts Continued Negative Real Yields and Bitcoin’s Value Surge…
Experts from JPMorgan Chase & Co and Deutsche Bank AG suggest that the upcoming Bitcoin halving event has already been largely factored into the market. As a result, attention is now turning towards how the mining process will be impacted by this event. JPMorgan Chase & Co and Deutsche Bank AG analysts don’t anticipate significant…
Leading experts in the cryptocurrency space are expressing concerns about a potential crash in the prices of Bitcoin and altcoins following the upcoming Bitcoin halving event. They suggest that any immediate rally might not materialize for several months. The price of Bitcoin dropped significantly after reaching an all-time high, unable to sustain its momentum and…
According to PlanB, Bitcoin is expected to climb to $100,000 by the end of this year following the halving event. Looking ahead, PlanB predicts even more significant growth, with Bitcoin potentially reaching $300,000 by the year 2025. Despite the prevailing sentiment in the crypto community, PlanB, the creator of the Bitcoin Stock-to-Flow (S2F) model, holds…
Toncoin (TON), has previously achieved significant market cap growth, surpassing XRP in the rankings. Now, there’s speculation whether TON can repeat this feat with Dogecoin. Recently, TON has seen a surge in market capitalization, overtaking assets that have long held top ten positions. The trend suggests that TON is closely approaching Dogecoin’s position in the…
Pepe Coin demonstrates resilience in its 24-hour trading volume, with 70% of its holders experiencing transactions above their buy price. This high profitability is attracting more investors to Pepe Coin. Even amidst the recent market downturn, Pepe (PEPE), a meme coin featuring a frog theme, stood out by limiting its losses and resisting the fall….
Solana’s price has dropped by 21% within a week. Despite this, data from both on-chain activities and derivatives markets suggests that investors remain confident in the network’s ability to overcome recent challenges. Solana’s native token, SOL, priced at $135, saw a significant 21% drop last week, hitting its lowest point in nearly six weeks. This…
The price of MATIC is experiencing a lack of confidence among buyers due to a pre-halving correction, which is bolstering short positions. This correction in the market has notably affected MATIC’s price, pushing it to a new low for the year. However, amidst this decline, major investors are seizing the opportunity to accumulate more tokens,…
Cryptocurrency expert Chump Chang recently shared his insights, highlighting altcoins that have dropped significantly from their highest points but are now great picks for potential buyers. Alternative cryptocurrencies provide opportunities for profit in a changing market. This article explores successful altcoins. However, investing carries high risks, with potential loss of all funds and no guaranteed…
Bitcoin’s price hasn’t been very exciting lately. It hasn’t managed to climb above the $64,000 mark and has stayed just below it. Many other altcoins are also not showing much movement. ADA and BCH have seen small decreases in their prices, while NEAR and PEPE have experienced the most significant gains. Bitcoin’s Rollercoaster Weekend and…
Polkadot’s price has dropped significantly and settled around the important $6 level, showing only small changes that suggest there’s not much volatility. However, it’s worth noting that Polkadot is still within a crucial range, suggesting that a significant price movement could happen soon. Polkadot’s Current Market Dynamics: Analysis and Outlook Source: TradingView Taking a closer…
Crypto analyst Charting Guy (CG) noted that XRP’s monthly Bollinger Bands (BBs) are currently at a historical high, with a width of 0.70. This tightness is the most significant since it hit 0.73 in 2017. Back in February 2017, when XRP’s monthly BBs reached the 0.73 level, it signaled a major price surge. The price…
This article examines how many months it would take for Shiba Inu to reach the price targets of $0.0001, $0.001, and $0.01 if it achieves a 100% gain every month from its current position. Shiba Inu is currently facing pressure from sellers, as it has dropped below several important price levels, notably falling below $0.00002….
Bitcoin’s ongoing struggle is impacting the broader cryptocurrency market, with Filecoin experiencing a significant drop in price from $10 to $5.9, leaving investors disappointed. Market volatility persists as concerns about inflation and geopolitical risks linger. Cryptocurrencies have faced substantial losses amid the continued fluctuations in Bitcoin, which shows no signs of stabilizing yet. The double-digit…
Bitcoin’s halving countdown shifts attention to altcoins, with AVAX experiencing fluctuating prices at $34.88 post a minor increase, while Solana’s price sits at $137, remaining distant from its peak amidst the meme coin frenzy. With the Bitcoin halving approaching in less than three days, focus is turning towards altcoins as well. Currently, there are 427…
Solana is nearing $140 and facing pressure, while Bitcoin stabilizes ahead of its halving. Dogecoin’s turbulent journey continues, with focus on $0.139 for a possible turnaround, and $0.128 as critical support. Solana is currently facing scrutiny as its price approaches the $140 mark, closely following the 100-day Exponential Moving Average. The situation appears tense, with…
Terra Luna’s classic community pool has gathered over 5 billion LUNC tokens, but this milestone comes at a time when development activity and Total Value Locked (TVL) on the chain are declining. This situation raises concerns about the possibility of capitulation. The Terra Luna Classic community pool has reached a significant milestone with a record-high…
The fear and greed index recently hit its lowest level in months, signaling a shift towards fear in the market. Amid this downturn, it’s essential to examine which cryptocurrencies are gaining and losing value. Today, the global market cap plunged to $2.31 trillion, marking a significant 5.35% decline. Despite a 2.43% decrease in overall trading…
Fantom (FTM) price has remained below the $1 mark since the start of the month, signaling a downtrend. Yet, there’s potential for recovery if investors accumulate FTM. Despite the downtrend, Fantom’s price shows signs of a potential breakout, backed by increased investor participation. The Price DAA divergence indicator suggests a buying opportunity, alongside the MVRV…
Last month, Bitcoin Cash (BCH) saw a huge jump of 133%, climbing to approximately $681 according to Fibonacci levels. However, it couldn’t sustain that momentum and faced a rejection, leading to a corrective phase this month. The length of this correction is yet to be determined. Bitcoin Cash (BCH) experienced a remarkable 133% surge last…
MATIC’s price is currently moving sideways, driven by a symmetrical triangle pattern. There’s potential for a recovery, particularly with expected demand at $0.6. However, intraday trading volume for MATIC has dropped by 51% to $468.9 million. Historical patterns suggest that Polygon’s price may face significant buying pressure at the $0.6 support level. Amid a recent…
Bitcoin’s price is experiencing turbulence, falling by 4.5% in the past 24 hours. Let’s explore the reasons behind this decline. Bitcoin has been going through a rough patch lately, with its price swinging up and down dramatically. One day, it’s soaring to $70,000 or more, and the next, it’s almost hitting $60,000. There’s a lot…
Even with a recent crypto market crash and a downturn in meme coins, the burning frenzy of Shiba Inu intensifies. This could significantly influence the future price of SHIB, especially with the increasing number of transactions on Shibarium. Despite market turbulence, Shiba Inu crypto remains in the spotlight due to a frenzy of token burning…
Avalanche’s price decline is likely to persist as a Death Cross occurs on the 12-hour chart, with indicators signaling increasing bearish momentum. Investor sentiment remains predominantly pessimistic, contributing to the ongoing downward trend. Avalanche (AVAX) price is expected to continue declining, unlike some other altcoins that are showing signs of recovery. Adding to the challenge…
Amidst all the hype and speculation about meme-inspired cryptocurrencies like Dogecoin (DOGE), there’s an interesting trend: the number of wallet addresses holding DOGE has skyrocketed by 85%. What’s even more interesting is that the majority of Dogecoin investors are currently in a profitable position. However, there seems to be a general hesitancy among them to…
Litecoin’s price against Bitcoin is showing bullish signs, leading to speculation that LTC might experience a notable increase in value. However, the overall market trend this month has been more bearish. So, while there’s hope for a substantial LTC price increase if the positive signals strengthen, it’s wise to approach the current market with caution….
Following the recent market crash, there was a surge in buying activity from whales on BOME. The crash last week triggered a bearish mood across the market, causing many cryptocurrencies to decline. Amidst this, while some investors panicked, whales took advantage of the situation to accumulate assets. Book of MEME (BOME), a cryptocurrency built on…
In recent times, memecoins have seen a notable decline, signaling heightened selling pressure within the cryptocurrency sector. Even top memecoins are following a downward trajectory, reflecting a growing lack of interest among investors. Yet, anticipation surrounds the upcoming Bitcoin Halving, which experts predict could trigger significant price swings in the crypto market. This volatility might…
Today, in the crypto world, MEW and SLERF have captured significant attention as whales have purchased substantial amounts of these coins during the broader market’s recovery. A surprising turn of events has seen Solana meme coins gaining traction across the cryptocurrency sector, attracting large investors amidst the market rebound. On-chain data revealed that whales acquired…
Bitcoin analyst Willy Woo warns that a drop below $58.9K could signal a shift to a bear market. However, in the short term, he anticipates short liquidations between $71-$75k. Woo highlights that Bitcoin consolidating near its all-time high is a positive sign for recovery. Amidst rising tensions between Israel and Iran, Bitcoin experienced significant volatility,…
Toncoin’s price rally continues with TON aiming for $10 by month-end. Despite market turbulence, TON surged 18% to hit a new all-time high of $7.0. Toncoin now ranks eighth by market cap, surpassing Dogecoin, with a market cap over $24 billion, driven by its partnership with HasKey. Toncoin’s price remains within an ascending channel, targeting…
A well-known figure in cryptocurrency social media, has weighed in on the highly anticipated Golden Cross of Dogecoin. He emphasized the importance of a positive week ahead to set Dogecoin back on course. Analyst, pointed out that Dogecoin has experienced two weeks of decline in a row, causing a slight setback. However, he emphasized that…
Since the beginning of 2024, the price of Bitcoin has gone up by 54%. Surprisingly, out of the top 50 alternative cryptocurrencies, only six have managed to outdo Bitcoin’s growth. So far this year, only six of the top 50 tokens by market value have done better than Bitcoin, which is currently priced at $65,190….
The price of Dogecoin (DOGE) remains stable, staying above the important support level of $0.14. However, other popular meme coins like PEPE and Dogewifhat (WIF) have experienced significant drops, exceeding 30% in losses. A detailed examination of Dogecoin’s on-chain data reveals that sustained purchasing activity from large investors, known as whale investors, has been supporting…
Injective token (INJ) experienced a 20% decline on Friday, potentially trapping those shorting it amidst Bitcoin’s strength. However, if INJ falls below $20, it may invalidate its bullish thesis. On Friday, the price of Injective (INJ) dropped by around 20%, mirroring the overall market downturn. This decline might catch out those who bet against it,…
A well-known cryptocurrency analyst, recognized for accurately predicting the cryptocurrency market bottom during the 2018 bear market, has recently disclosed their belief that the price of the smart contract platform Solana ($SOL) will rise further from its current level. On the microblogging platform X (formerly known as Twitter), the pseudonymous analyst, Bluntz Capital, shared their…
Today, the crypto market took a big drop, and here’s what’s happening: It’s following a similar trend to the traditional stock market, which is also experiencing a decline due to rising geopolitical tensions and economic uncertainties. As traditional markets dipped, cryptocurrencies followed suit without hesitation. In the afternoon trading hours in the United States, Bitcoin’s…
Recently, Chainlink’s price took a dip to about $15, but many analysts predict that it’s gearing up for a rally. One reason for this optimism is the decrease in negative exchange netflow, which means fewer people are selling their LINK tokens. This suggests that there’s a chance for LINK’s value to shoot up significantly in…
Solana has surpassed both BNB Chain and Tron in terms of total transaction fees, marking a significant milestone in its growth. However, Ethereum still maintains its position as the top fee generator among blockchain networks. Additionally, other Layer 1 blockchains like NEAR and Fantom are also experiencing flourishing activity, reflecting a broader trend of growth…
Bittensor has experienced notable market swings after a period of strong trading activity and its listing on the Binance exchange. Bittensor’s rising trading volume indicates increased market participation, while its current market cap rankings establish it as a significant player. Plans for the future ecosystem involve integrating TAO into broader investment platforms. Bittensor Price Dynamics…