Analyst foresees Bitcoin mirroring gold’s rally. Meanwhile, the possibility of a dip also remains. Bitcoin’s [BTC] ‘to the moon’ dreams appear to be turning into reality. The king coin has hit a new all-time high of over $75,000, breaking its previous peak of $73,777, set in March. This milestone arrives amidst intense build-up around the…
At press time, the crypto market still flashed ‘GREED,’ despite election worries Prediction sites favoured a Trump win, with Options traders eyeing $60k, $70k, and $80k targets There is incredible market anxiety now that Election Day in the United States is here. However, despite Bitcoin’s [BTC] recent pullback from near its all-time high (ATH) to…
RUNE saw a sharp 15% drop, likely triggered by panic sell-off by a major whale. Price action has started recovery and increased volume could spark a real bounce. RUNE, the native token of THORChain, experienced a sharp 15% drop in the past 24 hours as of press time, likely triggered by panic following a major…
Whale activity suggests a potential shift in sentiment as large AAVE holders offload assets. Technical indicators signal bearish momentum, though on-chain engagement metrics show steady interest. Aave [AAVE], a top player in decentralized finance (DeFi), is currently facing heightened selling pressure as prominent investors—often referred to as “whales”—are offloading considerable holdings. Recent data highlights major…
Trump-themed tokens surged amid the election’s hype Newly released tokens supporting the former President emerged as the market’s top gainers It’s Election Day, and the PolitiFi market is abuzz with activity as Trump-themed tokens recorded a significant surge. These politically inspired tokens saw an impressive 10% rally, with Trump-centric memecoins capturing most of the attention. …
If Ethereum continues to mimic the S&P 500, it could triple its value. Short interest persisted but the potential for ETH to rally remained evident. Ethereum [ETH] has mirrored the S&P 500 index’s price movement, creating speculation that ETH could potentially surge in the long-term. The resemblance between ETH and the S&P 500 indicates optimism…
Tron’s active addresses and transactions increased last month. TRX fell under critical support, hinting at a continued price drop. Tron [TRX] has witnessed a considerable surge in network activity in October. This clearly reflected a rise in the blockchain’s adoption. However, TRX couldn’t sustain this growing momentum as the scenario changed in November. Tron’s October…
The daily market structure and momentum were bearish. A 6-12% price bounce could be brewing. Ripple [XRP] was trading within a key demand zone around the psychological $0.5 support zone. It is well below the mid-range mark of $0.585, another key higher timeframe level. This outlined the HTF bearish bias for XRP. On the other…
Michigan pension fund reveals substantial Ethereum ETF investment. ETH continues to struggle under a bearish stronghold. In a groundbreaking move, Michigan has become the first US state pension fund to invest in an Ethereum [ETH] ETF. Matthew Sigel, Head of digital assets research at VanEck took to X and shared that the State of Michigan…
Large transaction volume for ETH has jumped by 58.63%, indicating a bullish outlook. ETH could soar by 15% to reach the $2,855 level if it closes a daily candle above the $2,465 level. Amid the ongoing struggles in the cryptocurrency market, Ethereum [ETH] experienced a breakdown from a bullish channel pattern, though this appears to…
Gox FUD threatens to push Bitcoin prices lower despite the latest recovery attempts. A look at the next potential price bottom based on Fibonacci, if BTC bears extend their dominance. Bitcoin [BTC] experienced six days of consecutive downside. This performance reflected the prevailing cautious sentiment due to the U.S. elections, but a new FUD event…
SOL sees massive spike in on-chain volume. Global long positions increased even as SOL’s price dipped. Solana [SOL] recently experienced a significant increase in on-chain transfer volume, reaching a peak of about $224 billion in just one day. This volume was nearly three times the entire market cap of SOL, which stood at $76 billion….
Hoskinson defended his $450M investment in Cardano amid growing community criticism. ADA’s price struggles persisted, highlighting Cardano’s challenges and divided community sentiment. Charles Hoskinson, co-founder of Cardano [ADA], is well-known for his strong social media presence and frequent engagement on X (formerly Twitter). However, his outspoken style has occasionally drawn skepticism. Some critics now label…
Gemini appears to be building a huge altcoin stash dominated by ETH Is it a signal of early positioning for a likely 2025 altcoin rally? Gemini exchange has accumulated nearly $120 million worth of altcoins, including Ethereum [ETH], Chainlink [LINK] and memecoins like Shiba Inu [SHIB] and Pepe [PEPE]. According to Spot On Chain, ETH…
Bitcoin retained momentum, despite dropping below $70,000 Insights using the MVRV indicator hinted at a possible surge After several attempts to push beyond $70,000, Bitcoin has once again slipped below this resistance level. This highlighted the potential challenges in sustaining upward momentum on the charts. At the time of writing, the cryptocurrency was trading at…
Traders seemed to be over-leveraged at $156.7 on the lower side and $166.5 on the upper side SOL’s on-chain metrics with technical analysis suggested that bulls have been dominating the asset The wider market’s recent price decline pushed Solana (SOL) to the breakout level of its inverted Head and Shoulder price action pattern. At the…
Hackers hijacked Wiz Khalifa’s X account to promote the $WIZ memecoin Celebrity-themed memecoins often lead to scams as hackers exploit high-profile accounts In a surprising twist, rapper Wiz Khalifa’s X account became the target of hackers promoting a memecoin called $WIZ through pump.fun. According to blockchain investigator ZachXBT, the hackers may be the same ones…
Dogecoin (DOGE) outperformed major cryptocurrencies this past week with gains of 5.63% A hike in social media buzz and speculations around the memecoin have fueled Dogecoin’s rally Dogecoin (DOGE) recently emerged as the top weekly performer among the market’s major cryptocurrencies, recording gains of almost 6% in just one week. The memecoin’s performance stood out,…
SOL’s price declined on the charts over the last few days. And yet, compared to last year, the altcoin is priced much higher right now In a major move, a prominent Solana whale recently sold 265,070 SOL worth approximately $43.96 million, capitalizing on a strategic buying spree in 2023. This whale’s calculated timing of both…
Simon Dedic accused Binance of charging high listing fees Industry leaders have made similar claims against Coinbase in the past A recent revelation from Simon Dedic, CEO of Moonrock Capital, has ignited a debate over the costs and accessibility of centralized exchange (CEX) listings. In a post on X, he recounted a conversation with a…
Shiba Inu’s Golden Cross remains an uncertainty in the short term Binance’s top traders and large funds continue to be bullish about the altcoin Shiba Inu [SHIB] traders betting on a huge windfall based on a potential SHIB golden cross could be forced to wait a little longer. Towards the end of October, the golden…
Cardano is facing skepticism, with ADA struggling post-2022’s bear market Hoskinson’s memecoin endorsement sparked controversy and raised serious accountability concerns Cardano [ADA] has been facing its share of skepticism in the crypto community, particularly regarding its ability to meet expectations. Especially when compared to other tokens in the market. Concerns surrounding Cardano Since hitting its…
The Ethereum Fund Market Premium flipped negative, showing weak institutional demand for ETH products Nate Geraci believes staking for Ethereum ETFs could happen sooner under the Trump administration Ethereum (ETH) has dropped by 10% in the last two weeks amid bearish pressure. Due to its underwhelming performance compared to Bitcoin (BTC), ETH’s dominance has plunged…
Trump and Harris held competing rallies in Milwaukee on the even of Election Week Prediction markets suggested Trump had a 60% probability of winning the elections As the countdown to the U.S presidential election on 5 November intensifies, candidates Donald Trump and Kamala Harris are ramping up their efforts to secure voter support. Trump’s latest…
Volume of large transactions by whales and investors surged by 7.85%, indicating a bullish outlook At press time, 55% of top BTC traders were holding long positions, while 45% held short positions Bitcoin (BTC), the world’s largest cryptocurrency by market cap, is poised for an upside rally after recording an 8% price decline in recent…
FLOKI’s pullback hit 20% ahead of the U.S elections Will the pullback extend as FLOKI’s accumulation trend picks momentum? Although memecoins topped October’s performance charts again, November started off bumpy. They were the first casualty of de-risking ahead of a volatile U.S election week, with FLOKI dumping by 20% and erasing all of October’s gains. …
Bitcoin shed a lot of its recent gains during the week preceding Election Night in the U.S Historical patterns pointed to an upcoming bull rally on the charts After peaking ever closer to its all-time high [ATH] with a price of $73,600, Bitcoin [BTC] took a detour. In fact, it slid down to a low…
Trump leads major prediction markets, but concerns over potential manipulation remain Bitcoin recorded volatility ahead of the election, with possible gains if Trump wins With just one day until the U.S. presidential elections, former President Donald Trump is emerging as the frontrunner across major prediction markets. On Polymarket, for instance, Trump led with 56.5% of…
Long-term holders’ dominance rose sharply over the last few days At the time of writing, Ethereum seemed to be testing its support level Ethereum [ETH] is once again in the news, with the altcoin slowly approaching the $2.5k-level at press time, sparking hope for a bull rally. This steady hike might have instilled more bullish…
TIA’s breakout from a falling wedge pattern pointed to bullish momentum Social dominance and favorable liquidation trends supported TIA’s potential for a strong rally The Celestia [TIA] token recently made an impressive move, breaking out of a falling wedge pattern in the H4 timeframe. Such a breakout often suggests a bullish reversal, and Celestia’s setup…
BTC network difficulty has hit a record high and remained there. This is happening as BTC attempts to reclaim its ATH. Bitcoin’s [BTC] network difficulty has continued its relentless ascent, hitting new highs. As this measure of mining challenge grows, investors are asking whether price movement will mirror this upward trend or face a ceiling….
The altcoin season index also hinted at a delayed altcoin rally. All the top altcoins fell victim to price corrections in the recent past. The crypto market did witness some volatility over the last week, but towards the negative side. While several expected an altcoin season to hit, latest data revealed that investors might have…
Ethereum consolidation reveals diminished interest from whales as the market struggles with uncertainty. Assessing the state of demand as exchange flows drop to 2024 lows. Ethereum [ETH] has been stuck in a consolidation phase for the last three months. But is there hope for a possible breakout from the consolidation zone in November? Here’s a…
More than $238 million was liquidated from the crypto market in 24 hours after prices plunged. Next week’s US elections and upcoming FOMC meeting could cause a surge in market volatility. The cryptocurrency market is headed for one of the most crucial weeks this year. Speculation on the week’s events has triggered price declines. At…
APT faces heightened downside pressure as it tests a crucial support level that could dictate its next major move. Source link
Dogecoin has continued to see a positive funding rate despite its decline. Price has dropped by almost 5% as of this report. Dogecoin’s recent price action has been dramatic, with the popular meme coin surging to one of its highest points in the last month before experiencing a sharp reversal. This volatility has left investors…
Raydium, Dogecoin, and Mantra are the biggest winners of the week. Immutable X, cats in a dogs world, and Helium had the biggest loss of the week. Raydium has continued its positive momentum for the second consecutive week, leading the crypto weekly winners’ chart. Meanwhile, cats in a dogs world has taken a downturn, joining…
$1 billion USDT mints on TRON and Ethereum are fueling liquidity and aligning with bullish sentiment across the market. Onchain data shows strong optimism, with 11.83% of holders profiting, reinforcing Tether’s role as a liquidity anchor. The recent surge in Tether [USDT] minting has pushed Tether’s circulating supply to new highs, with a fresh $1…
Only 10.71% of TON holders were profitable at press time. Whales and large investors currently hold a substantial 91.52% of the total TON circulating supply. Amid the ongoing price correction across the crypto landscape, Telegram-linked Toncoin [TON] appears bullish and is poised for a notable upside rally due to its positive price action. However, this…
Ethereum whales added to their balances as the price extended its consolidation phase Directional uncertainty prevailed as ETH inflows outweighed its outflows Ethereum [ETH] could be on the verge of another major run-up on the charts. The cryptocurrency has been showing signs of consolidation, with recent data suggesting that whales have been adding to their…
Golden cross pattern highlighted potential bullish momentum as DOGE prepared for a possible breakout Positive on-chain metrics and liquidation data supported a favorable outlook Dogecoin [DOGE], at the time of writing, seemed to be on the brink of a significant “Golden cross.” This a bullish technical pattern known for signaling positive momentum on the price…
Shiba Inu’s burn rate spikes have historically spurred only short-lived price hikes Market sentiment highlighted mild optimism, but limited network growth may hinder sustained gains Shiba Inu’s [SHIB] burn rate recently skyrocketed by a remarkable 254,078%, wiping out 5.63 billion tokens in a single day. However, despite this aggressive burn, SHIB only saw a modest…
Solana’s recent price action broke through key levels, trading above its 50-day and 200-day moving averages Sentiment remained cautious, with SOL’s weighted sentiment in slightly negative territory With Solana [SOL] gaining traction among investors, many are eager to see if it has entered a new bull phase or not. However, while its recent price action…
XRP has remained below its neutral line over the last few weeks ETF applications could cause positive sentiment to spike when and if approved The XRP ledger has undergone a notable transformation in its network usage over the past few months. In fact, recent analysis indicated that trading activities have significantly risen – A sign…
Dogecoin’s price appreciated by more than 20% in the last seven days A few market indicators hinted at a correction in the near term Dogecoin [DOGE] defied all odds last week with its impressive performance on the charts. That’s not all though as some signs seemed to suggest that this just might be the beginning…
A breakout above the bull pattern could result in a 60% price hike on the charts Metrics like trading volume also hinted at a trend reversal Dogwifhat [WIF] investors faced a lot of trouble last week as the memecoin’s price dropped significantly on the charts. However, there may be good news soon, especially since the…
POPCAT seemed to have a bullish market structure on the daily timeframe Lower timeframes showed bullish sentiment was weak POPCAT was trending higher on the daily chart and registered a higher low at $1.28 on 25 October. Its momentum appeared to slow down around this time, but it managed to form a higher high in…
Are stablecoin reserves holding back liquidity flows into Bitcoin? Bitcoin ETFs have grown significantly lately and might have influenced the crypto’s price too Stablecoins play a vital role during Bitcoin’s bull and bear markets. They are the medium through which liquidity flows into BTC and they also provide a buffer for holding value during bearish…
On-chain metrics suggested that the recent breakdown in the memecoin could be a bearish fakeout BONK may decline by 20% to hit the $0.0000155-level, if it remains below $0.000020 In the ongoing price correction phase, BONK, the popular Solana-based memecoin breached its crucial support level. However, this breakdown appears to be a fakeout. This speculation…
Number of addresses holding over 1 BTC has fallen since the start of the year Metrics revealed that investors might have been selling to earn profits After a comfortable uptrend, Bitcoin [BTC] saw a price drop on the charts and started to consolidate under $70,000. Meanwhile, it would seem that big-pocketed players reduced their holdings…