Pepe, as of press time, was down by over 3% in the last 24 hours. Pepe price action positioned for a breakout but direction is uncertain. Pepe [PEPE], currently the third largest memecoin by market cap, has been in a tight position in recent price action. With a market cap around $4 billion, it has…
Ethereum’s netflows to derivatives and increased leverage point to potential volatility and market risk. Retail interest in Ethereum remains strong despite recent price challenges, with active addresses reaching new highs. Ethereum [ETH] has faced challenges in recent weeks, struggling to reclaim its highs above $3,000. Since falling below this level, the cryptocurrency has hovered under…
NEAR retests $1.35 support zone, but analysts predict a potential surge to $10-$15 levels. NEAR’s TVL drops to $231M, but bullish Parabolic SAR signals possible recovery and breakout. NEAR Protocol [NEAR] has dropped to $4.55, marking a 2.39% decrease in the past 24 hours and a 5.51% decline over the past week. NEAR’s 24-hour trading…
Capital inflows into Bitcoin surged to new ATH. Exit of weaker hands may have strengthened BTC’s market foundation. Bitcoin [BTC] price movements are under close watch as recent data reveals a notable rise in net capital inflows, pointing to potentially higher prices ahead. Over the last 30 days, capital inflows into Bitcoin have surged by…
Solana network fees recently reached an all-time high after surpassing $5 million. Solana is outperforming the Ethereum blockchain in fees and revenues as the SOL/ETH chart formed a new high. Solana [SOL] has gained over 13% in the last seven days and traded at $173 at press time. The recent rally coincided with a surge…
Raydium delivers impressive price action driven by robust ecosystem demand. Raydium volume sets new record high and TVL soars close to its ATH. Raydium [RAY] has been flying under the radar, but a lot has happened under the hood. The Solana DEX has been gaining popularity and that is evident in various performance metrics, including…
BTC has surged by 5.91% over the past month. Analyst finds 350k new addresses are critical for Bitcoin to see a sustained uptrend. Since hitting a local low of $58k, Bitcoin [BTC] has experienced a strong upswing on monthly charts to hit a local high of $69k. However, despite this upward momentum, Bitcoin’s daily active…
Microsoft board advises against Bitcoin investment proposal, citing prior evaluations and ongoing monitoring. Institutional Bitcoin holdings grow, with MicroStrategy and Bitcoin ETFs among top corporate holders. Microsoft’s upcoming shareholder meeting on the 10th of December is set to capture significant attention. A notable proposal for the tech giant to explore Bitcoin [BTC] investments will be…
Hackers reportedly stole $20 million from a U.S. government-linked crypto wallet of seized funds. Complex laundering tactics involve nested exchanges using Binance liquidity for fund transfers. The surge in crypto adoption has unfortunately been matched by a rise in scams and cyberattacks, highlighting the vulnerabilities within the digital asset space. U.S. government linked crypto wallet…
At press time, MEW had a strongly bullish outlook Consolidation near the $0.09 support zone set it up for the next upward move Cats in a dog’s world [MEW], at press time, was on a strong uptrend. It has gained by +31% over the past week and 22.5% from Monday’s open. The bulls drove the…
SHIB’s MACD and RSI flashed mixed signals, with momentum lacking for a strong bullish move Exchange reserves fell, but trader sentiment remained rather cautious Shiba Inu [SHIB]’s Shibarium blockchain is witnessing a remarkable 1,557% surge in active accounts and processing 1.76 million daily transactions right now. Understandably, this massive hike in on-chain activity has the…
Trump’s election odds correlate with Bitcoin’s potential surge to $92,000 or higher 95.19% of Bitcoin holders are currently “in the money,” signaling strong market sentiment With the United States’ Presidential Elections in less than two weeks, the race between the two leading candidates is intensifying with each passing day. Prediction markets, including Polymarket and Kalshi,…
XRP was up by 1% in the last 24 hours, but its price action was still poor XRP liquidations sat both below and above its press time price levels XRP has been in the spotlight lately, partly due to legal developments with the U.S SEC and Ripple’s CEO support for Kamala Harris in the upcoming…
DIMO crypto has traded within a range since June. The lack of steady buying volume meant the recent surge would need time to expand further. DIMO [DIMO] was in a consolidation phase on the higher timeframes. In the past 24 hours, it managed to jump by nearly 82%, going from $0.122 to $0.227. In recent…
Worldcoin was trading within a bullish setup, with market activity pointing toward increasing buying pressure. The imminent formation of a golden cross, along with supportive market metrics, further strengthens the outlook. Having gained 31.74% over the past month, Worldcoin [WLD] is well-positioned to extend its rally. The recent 0.35% gain rise aligns with the base…
The primary challenge for JUP is a descending trendline that has triggered three consecutive pullbacks. However, after an expected brief dip, JUP could see a 100% surge, targeting the $2 level. Over the past month, Jupiter [JUP] has gained 31.72%, and its daily chart shows continued strength with an additional 11.30% increase, setting the stage…
FLOKI has declined by 2.71% over the past day. Fundamentals showed a strong bullish crossover, signaling a potential uptrend. Although the month has seen memecoins reach a high over the past month, volatility has also increased. Amidst these memecoin fluctuations, Floki [FLOKI] has not been spared. Since hitting a recent high of $0.000176, the memecoin…
A dormant wallet has moved 4.58 million APE tokens worth $5.22 million in the past 24 hours. APE has declined by 9.86% over the past day Over the past month, ApeCoin [APE] has experienced a sustained surge. However, the past day has seen the memecoin decline. This dip on daily charts has brought question over…
DOGE has been a major beneficiary of BTC’s latest cycle, thriving despite its high-risk, high-reward status. Now, as the market takes a U-turn, DOGE could still continue to benefit. Over the past year, memecoins have taken center stage, with Dogecoin [DOGE] leading the pack by posting an impressive 10% weekly gain. According to an AMBCrypto…
DOGE inflows to exchanges increased by 38% in 24 hours after the rally showed signs of exhaustion. Whales are also becoming inactive after large transaction volumes dropped from 17 billion to 9 billion in six days. Dogecoin [DOGE] has gained by 26% in the last 30 days after a surge in retail interest. These gains…
WIF’s Stochastic RSI has dropped to 11 showing that the meme coin is oversold. The number of WIF short sellers has increased to a monthly high, increasing the likelihood of a short squeeze. dogwifhat [WIF] traded at $2.57 at press time after a 4.7% gain in 24 hours. WIF, the largest meme coin on Solana…
Tesla maintained its Bitcoin holdings at 11,509 BTC, valued at approximately $765 million. MicroStrategy outperformed tech giants, while Bitcoin ETFs may surpass Satoshi Nakamoto’s holdings. Tesla’s Q3 earnings report has put to rest rumors regarding its Bitcoin [BTC] holdings, confirming that the company has not altered its BTC position this year. Recent headlines sparked speculation…
Implied volatility for Bitcoin options around US elections has hiked by nearly 50%. Options traders priced a 20% chance of BTC hitting $80K by end-November. With only two weeks to the US presidential elections, Bitcoin [BTC] options traders remained bullish and eyed a $80K target by November. The election was a key market uncertainty, as…
Simon’s cat crypto has a strongly bullish momentum and volume The divergence the meme exhibited close to the two-month range high could see a pullback Simon’s Cat [CAT] saw a huge rally this week. The meme coin had been trading within a range since mid-September. On the 21st of October, it skyrocketed from the range’s…
Traders were over-leveraged at $1.597 on the lower side and $1.663 on the higher side. POPCAT’s Long/Short Ratio stood at 1.045, indicating a strong bullish sentiment among traders. Popular Solana [SOL]-based memecoin Popcat [POPCAT] has been making waves in the cryptocurrency landscape with its impressive performance. On the 24th of October, while major cryptocurrencies like…
UNI’s tightening Bollinger Bands and RSI nearing overbought suggest a potential breakout above $8.38. Market sentiment remains positive as large transactions and open interest show bullish momentum. Uniswap [UNI] has firmly established itself as a leader in decentralized finance, processing over $2.4 trillion in trading volume and generating more than $8 billion in economic value….
Bitcoin ETFs saw significant inflows of $192.4 million after a brief outflow phase. Ethereum ETFs continue to struggle with inconsistent inflows, highlighting market volatility. Institutional investors have momentarily halted their aggressive accumulation of Bitcoin [BTC], as the price of BTC enters a consolidation phase. As per recent data from various sources, including UK-based investment firm…
BTC ran up to $70K flipped network fundaments positive. Is it a bullish signal despite the short-term correction and likely consolidation? Bitcoin [BTC] network fundamentals turned positive for the first time in October, on what an analyst deemed a positive signal for the asset in the medium term. According to CryptoQuant, the positive network metrics…
15 million LUNC tokens were burned, but the price fell 4.19% amid dropping market interest. Futures open interest hit $9.27 million, marking a significant decline as trading volume plunged by 66.35%. Terra Luna Classic [LUNC] ecosystem is witnessing a mix of developments as price trends, token burns, and futures trading volume unfold. However, recent token…
LTC has declined by 3.74% over the past week. Despite the decline, Litecoin’s on chain activity surges with 512.8 million moving on-chain. After a sustained decline, Litecoin [LTC] saw a brief uptrend breaking out of a descending channel. However, since hitting a local high of $76, the altcoin has experienced a sharp decline. Despite the dip…
QNT is consolidating within a descending wedge, with technical indicators signaling potential upward movement. Despite bullish sentiment, rising exchange reserves could introduce selling pressure and limit upside. Quant [QNT] has been stuck in a descending wedge pattern since mid-March, with its price constrained between $60 and $70 for months. However, recent consolidation near $64.2 signals…
Solana daily active addresses have jumped to record highs amid rising DeFi activity. Solana DeFi TVL has also reached a 34-month high of $6.48 billion. Solana [SOL] has gained by 7% in the last seven days and 16% in the last two weeks to trade at $165 at press time. While the bullish trend across…
According to BitBoy Crypto, XRP could flip ETH in market cap by 2025. BitBoy Crypto projected that XRP rice could surge 20x-30x, hitting a high of $15.6 or more. Ripple [XRP] could flip Ethereum [ETH] in market cap by 2025, according to market watcher Ben Armstrong, popularly known as BitBoy Crypto. BitBoy Crypto cited 2018’s…
Chainlink preparing for a breakout. Whales are accumulating LINK as end of year nears. Chainlink [LINK] neared a potential breakout as it approached a critical point in the market. At press time, LINK was trading within a falling wedge pattern on the weekly timeframe, and many traders anticipated a significant upward movement soon. These developments…
The insights into the XRP Ledger made for a bullish reading. The price action chart was quick to sink these hopes. Ripple [XRP] was still in a consolidation phase. The price clung to the $0.52 support level, and whale activity did little to push prices higher. News that a whale withdrew 52 million XRP worth…
Celestia has broken out of its descending channel, targeting $6.9 as the next resistance. Rising social dominance and increased open interest signal growing market confidence in TIA. Celestia [TIA] has gained notable traction after successfully breaking out of its descending channel, positioning itself for a potential bullish run. Trading at $5.97 at press time with…
Analysts agreed U.S. BTC options could inject more liquidity into BTC markets. But, there were divided views on volatility and price impact in the long run. Market commentaries have piled in as the regulator approved more U.S. spot Bitcoin [BTC] ETF options. On the 18th of October, the U.S. Securities and Exchange Commission (SEC) gave…
Arthur Hayes recently posted in support of the GOAT token. GOAT’s Open Interest skyrocketed by 69% in the past 24 hours, indicating traders’ interest in the memecoin. Despite the struggling crypto market, whales have discovered a new meme coin, Goatseus Maximus [GOAT]. Whales are making significant bets on this token. Blockchain tracker Lookonchain posted on…
Hedge fund veteran bets on Bitcoin as an inflation hedge. The U.S. national debt climbs to $35.7 trillion. In a recent interview with CNBC’s Squawk Box, billionaire hedge fund manager, Paul Tudor Jones, outlined his strategy for navigating inflation. The veteran highlighted his focus on assets like gold, Bitcoin [BTC], commodities, and Nasdaq tech stocks…
Ethereum fees surged to over $4 recently. This was the third time since the Ethereum upgrade that the fee surged. Ethereum [ETH] fees saw a significant reduction after the introduction of Blobs through the Dencun upgrade. The upgrade also lowered costs across Layer 2 (L2) networks. However, recent activity has led to a surge in…
Scroll crypto faced a swift rejection from the $1.4 zone. The psychological $1 level might see an influx of demand. Scroll [SCR] is a Layer 2 scaling solution that leverages zKRollup technology to reduce transaction costs and increase throughput. It aims to enhance the Ethereum [ETH] network scalability, and the token began trading in October….
DOT was on the brink of a bullish breakout as it approached two critical support levels. However, the strength of the rebound at this support level will dictate how far DOT can rally. Over the past month, Polkadot [DOT] has been in a bearish trend, slipping by 2.73%. In the last 24 hours alone, it…
Bitcoin poised to retrace to $66K before a bounce. Global liquidity to potentially continue rising up to 2026. Bitcoin [BTC] was navigating a critical price range at press time, with market watchers anticipating its next move. The $66.8K to $67.1K zone on Bitcoin’s profile chart shows fewer positions, indicating a price gap. Historically, price tends…
POL is consolidating within a descending channel, with a bullish sentiment building despite recent price stagnation. On-chain metrics like active addresses and stable futures funding rate support the possibility of a breakout. POL (formerly MATIC) is experiencing a noticeable shift in market sentiment with both crowd and smart money indicators signal growing optimism. The crowd…
Balance on BTC accumulation addresses surged 93% in 2024, now holds $194 billion. Does the massive holding strategy signal a further price rally for BTC? Based on 2024 investors’ behavior, the HODLing strategy seems to have become the most preferable Bitcoin [BTC] investment approach. According to data by CryptoQuant’s analyst Burak Kesmeci, BTC accumulation addresses…
Arkham Intelligence uncovered the truth behind Tesla’s BTC transfers. Tesla remains the fourth-largest corporate Bitcoin holder. Last week, the news of Tesla transferring nearly its entire Bitcoin [BTC] holding, worth $760 million at the time, to unknown wallets made headlines in the crypto sphere. These transfers fueled speculation of potential sell-offs. However, those concerns may…
Peter Schiff criticized MicroStrategy’s stock despite it reaching an all-time high. MicroStrategy’s Bitcoin portfolio’s market value boosted to over $40 billion, despite volatility. Peter Schiff, a prominent crypto critic, has once again targeted Michael Saylor’s firm, MicroStrategy. In a recent post, Schiff issued a stark warning about MicroStrategy’s stock (MSTR), which has recently reached an…
Bitcoin Cash bulls have been a no show after a promising mid-month performance. Assessing BCH ownership and address stats. Should you still buy into Bitcoin Cash [BCH] after its mid-October bounce? A large bullish price move in a day is often translated as accumulation by whales. BCH demonstrated such an outcome about a week ago…
TON’s user base drops sharply, but past trends suggest potential for another explosive surge. With 91% of tokens in large holders’ control, TON faces centralization concerns amidst bearish indicators. TON network has experienced a sharp decline in daily active users, dropping from over 5 million at its peak to 1.58 million, according to data from…
Bonk, as of press time, was up by 31% in the past 30 days. BONK’s price action suggests a promising outlook. Bonk [BONK] has risen by over 31% in the past 30 days, despite a minor 2.71% dip in the last 24 hours as per CoinMarketCap. However, these fluctuations are no cause for concern, as…