Yesterday, Ripple received the approval of the New York Department of Financial Services to launch its stablecoin, RLUSD. The development has triggered extreme excitement among XRP enthusiasts. In the last 24 hours alone, the price of XRP has climbed by over 5.4%. However, in a recent post on X, Vincent Van Code states that the…
Various cryptocurrencies keep making certain moves in the market that bring them into the headlines. This time, Bitcoin, Ethereum and Solana are taking the stage. Some crypto people might be thinking why prices are up despite slow activities, Let’s try to understand why this is happening. Bitcoin Steady, Ethereum Gains, Solana Keeps Climbing Bitcoin (BTC)…
Since the markets recovered after gaining some momentum in recent days, altcoins have gained significant traction. In the meantime, the SUI price attracted a huge buying volume as the trading volume surged by above $3.6 billion. As a result, the price led an impressive 35% rise since the last trading day and smashed a new…
With the U.S. CPI data meeting expectations, the crypto market has experienced a strong bullish recovery. This further led to the BTC price bouncing back above the $100,000 level. Considering the present market sentiments, will BTC price stay above the $100k mark? Or will the price witness a pullback toward its important support level of…
Cardano (ADA) is currently up by more than two percent and is trading close to the $1.20 levels. The important support area to watch is between $0.83 and $1.06. There are two potential pathways for ADA from here. Pathway 1: Price Continues Higher In this scenario, ADA could continue rising directly in a five-wave move…
Ripple’s XRP is currently up by more than four percent and is trading at the $2.40 levels. The current chart for XRP remains largely unchanged and the primary outlook suggests that XRP could be in the later stages of a bullish structure. The question now is whether this is the breakout to new all-time highs…
If you’re into crypto, you’ve likely heard the buzz around Raydium’s RAY token. Its massive 665% rise this year has caught everyone’s attention. From dominating Solana’s decentralized exchange to smashing revenue records, Raydium has positioned itself as a key player in 2024. What brought so much fuel to the token, let’s find out. RAY Token’s…
Dogecoin (DOGE), the popular and world’s largest crypto-meme coin, is poised to continue its downward momentum as whale activity and price action indicate a bearish sign. Whale Dumped 146.6 Million DOGE Recently, Whale Alert, a whale transaction tracker, posted on X (formerly Twitter) that an unknown wallet had transferred a significant 146.6 million DOGE worth…
Solana (SOL), the world’s fourth-largest cryptocurrency by market capitalization, is poised to continue its upward momentum as on-chain metrics shift in favor of whales. After a sharp price decline, SOL found support at $205.5 and resumed its upward trajectory. It is poised to continue its upward momentum in the coming days. Solana (SOL) Bullish On-chain…
Raydium witnessed a price surge of over 20% today after surpassing Uniswap. The RAY token is trading at $5.46 with $1.58 billion market cap. After more than a month of not so significant market price rises, Raydium token RAY’s price increased by more than 20% today. While the broader crypto market is facing a price…
The Bitcoin price has acquired a 6-digit figure and achieved the $100K milestone, which was predicted well before the 2021 bull run. Meanwhile, most of the tokens within the top 10 cryptos, like ETH, XRP, ADA, & DOGE, are yet to mark a new ATH. Although Solana managed to mark new highs, it was hardly…
XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet….
The altcoin market has displayed a significant uptrend this week. Following this, the FTX price experienced a jump of ~10% in 24 hours with a trading volume of $86.913 million. With a strong bullish breakout, will the FTT crypto price record a new 52-week this month? In this article, we have covered the short-term price…
XRP has been experiencing interesting price movements lately, with an unexpected surge in retail interest. Google Trends data shows a rise in mentions of XRP and this surge has sparked a lot of retail hype. According to Brian from Santiment, it’s fascinating how a strong 30-day performance can drive this kind of excitement. Even with…
Analyst highlights XRP’s clean price action and strong momentum, suggesting future rallies. RSI and Awesome Oscillator show weakening momentum, signaling possible bearish pressure. A head-and-shoulders pattern on XRP’s chart signals a possible drop to $1.87 or rise to $2.90. XRP is at a crossroads, as technical indicators hint that it may be headed for a…
ADA, the native token of the Cardano blockchain, is poised for upside momentum as it has formed a bullish price action pattern on the daily time frame. Today, December 11, 2024, ADA has soared more than 8% after yesterday’s price decline of over 23%. Whales’ Rising Interest in ADA This notable shift in price occurred…
XRP’s price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum. Currently, the top stablecoin has reclaimed its…
SHIB is testing its support zone with a potential breakout if it breaks the resistance. Shiba Inu has an RSI value of 50.22, indicating that it is neither overbought nor oversold. The bid price outweighs the ask price, hinting that more traders are eager to buy SHIB. Shiba Inu (SHIB) has been testing its support…
December 5 was a big day for the cryptocurrency market; it was on that day that the market achieved the milestone of $100K. Unfortunately, the market could not stay above the range for long; at the time of close on December 5, the market plummeted to $96,902.91. Although between December 6 and 8, the market…
With a strong bullish recovery, the XRP price has added 6.83% to its portfolio in 24 hours. Moreover, the Ripple token is trading at a discount of only 38.89% from its ATH of $3.84, which was recorded on 04th January 2018. Notably, it has surged over 300% in 30 days. Considering the present market sentiments,…
The altcoin market has seen a massive drop, with some coins losing up to 50% in a single day. While this may seem alarming, experts like Michaël van de Poppe explain that such corrections are typical in crypto’s volatile cycles and shouldn’t cause panic. In a recent X post, Michaël van de Poppe discussed the…
In the last couple of days, the crypto markets have been plunged hard, which has caused a panic situation among the market participants who foresee an end of the bull run. The milestone of $100K for Bitcoin was the selling point for most of the traders, which offered strong momentum to the other altcoins like…
While the memecoin mania had kicked off, Dogecoin & Shiba Inu refrained from making massive moves. As a result, these tokens lag behind their respective ATHs while the others form a new one. Now that the Bitcoin price rally has kicked off above the psychological barrier at $100K, these top memecoins have begun to swell….
The crypto markets are undergoing a substantial correction with a massive drop in liquidity. Some altcoins faced an over 50% pullback in less than 24 hours, which caused a significant switch in market sentiment. Meanwhile, the altcoin market capitalisation has reached some crucial levels, which triggered a massive breakout during the 2021 bull run. Therefore,…
Cardano (ADA) is currently trading below the crucial $1 mark and is down by more than 16 percent in the last seven days. Yesterday’s price movement created some uncertainty in the market. While a rebound was seen at the level of $0.93, it wasn’t strong enough for a major V-shaped rally. The market could see…
Ripple’s XRP is currently up by more than five percent and is trading near the $2.30 levels. Right now, XRP is stuck between support at $2 and resistance at $3, with a bearish trend until a breakout happens According to analyst Josh of Crypto World, XRP might be forming a “bull flag” pattern, which often…
XRP, the native token of Ripple Labs, has garnered significant attention from crypto giants despite a notable price decline over the past 24 hours. As of today, December 11, 2024, sentiment across the cryptocurrency landscape appears bearish, which experts consider a price correction. Whales’ Rising Interest In XRP However, some believe this might be a…
The overall cryptocurrency market appears to be bleeding, with major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) experiencing significant price drops. These declines in major assets have shifted the overall market sentiment toward a bearish outlook. $1.69 Billion Liquidation Shocks Crypto Market This market shift has resulted in the liquidation of a substantial…
The Bitcoin (BTC) price faced the largest liquidations since 2021 of over $1.78 billion overleveraged positions, triggering a downfall from $101K. The token faced a 6% drop and marked the lows close to $94,000. Meanwhile, the price has bounced back as the sellers seem to have exhausted, pushing the token above $98,000 at the moment….
A leading Bitcoin (BTC) mining firm, Marathon Digital Holdings (MARA), has acquired a significant 11,774 BTC for $1.1 billion, as reported by MARA on X (formerly Twitter). MARA made these purchases during a recent market dip, acquiring BTC at an average cost of $96,000 each. MARA’s Bitcoin Holding With this notable BTC acquisition, MARA’s total…
With the price of Bitcoin dropping below its $98k mark, the Ethereum price has plunged ~5% in 24 hours with a trading volume of $64.92 billion. However, top ETH-based tokens have defied all odds and have maintained bullish price action this week. With the rising uncertainty in the cryptocurrency market, will Ethereum-based altcoins lead the…
Ever since the XRP price has surged above the crucial threshold at $1, market participants have become optimistic about the next price action. The price remained elevated and surpassed $2.5 in the next few days, validating over 400% gains. The rise in the price is believed to have been fuelled by multiple reasons, like the…
Despite the ongoing turmoil, the Movement Network has taken over the market by storm. Built on the Ethereum ecosystem, this altcoin has already achieved a market cap of $2 billion in 24 hours and has secured the 64th position. Curious to find out the workings of this project and also the short-term price prospects of…
The cryptocurrency market has dropped 2.31% in 24 hours, with a trading volume of $343.44 billion. Following this, the Bitcoin price has failed to hold its value above the $98k mark. This has resulted in it retesting its low of $94k today. Despite the ongoing market turmoil, the Pepe price has maintained its bullish price…
Eric Trump took the stage at the Bitcoin MENA conference, showcasing the Trump family’s growing involvement in the cryptocurrency space. This marks a key moment, as it aligns with his father, Donald Trump’s, shifting stance on digital currencies—from initial skepticism to a more supportive position, particularly following his 2024 election victory. At the conference, he…
As the markets collapsed with over $1.5 billion in liquidations, the Bitcoin price trembled down below $95,000. In no time the memecoins faced a huge sell-off and plunged, driving the market cap from $137 billion to $116 billion. Meanwhile, the trading volume of the memecoins doubled, suggesting market participants fell into the trap of ‘panic…
After an impressive rally since early November, the Cardano (ADA) price has been retesting the upper border of a megaphone weekly chart pattern. The large-cap altcoin, with a fully diluted valuation of about $45.5 billion and a daily average traded volume of around $4.4 billion, retraced around 25 percent in the past three days to…
The crypto market has dropped 5.62% in 24 hours and is currently valued at $3.44 Trillion with a trading volume of $349.745 billion. Following this, the price of Bitcoin has experienced a similar price action by retesting its support level of $94,000. With the current market sentiments, is this a crucial time to hold Bitcoin…
Another flush within the crypto space dragged the Bitcoin price to its lows close to $94,000 regardless of the token forming highs above $100K. This depicts the traders being highly uncertain and pulling off their holding following a small pullback. Besides, the altcoins have been crushed heavily; the memecoins dropped by a massive margin. What…
The cryptocurrency industry registered heightened volatility in the past 24 hours as Bitcoin (BTC) price dropped more than 6 percent in the past 24 hours to reach a daily range low of about $94,725. The altcoin sector was heavily impacted by the sudden Bitcoin drop, with the TOTAL2 shedding more than 15 percent, which represents…
Bitcoin is showing signs of rising bearishness amidst high greed in the market. The overall crypto market cap has dropped by 5.44% reaching $3.43 trillion in the last 24 hours. Historical level of liquidations was witnessed specifically in the last 12 hours. But why is this happening when everyone is so positive about the market…
Cardano (ADA) has dipped below the $1 level and is down by more than 17 percent in the last 24 hours. The altcoin is currently facing significant resistance in the range of $1.12 to $1.24 on the weekly chart. The majority of the top 10 cryptocurrencies have slipped into the danger zones, with altcoins like…
XRP has slipped to the fourth position and is down by more than 14 percent in the last 24 hours. The price is slightly trading above the $2 level at the time of writing. XRP has tested a key breakout point and the 2021 high, and this retest has resulted in a strong rebound. However,…
UNI, the native token of UniSwap, appears to be struggling and is poised for further price declines as whales and institutions shift their interest. On December 10, 2024, the whale transaction tracker Lookonchain posted on X (formerly Twitter) that a high-profile trading firm, Cumberland, had dumped a significant 989,520 UNI tokens worth $16.73 million. The…
Pepe (PEPE), the popular third-largest crypto meme coin, is making waves and gaining widespread attention from crypto enthusiasts. On December 10, 2024, PEPE is outperforming major cryptocurrencies and defying the market trend with its impressive performance. PEPE Current Price Momentum PEPE is trading near $0.00002725 at press time, having recorded a price gain of over…
The overall cryptocurrency market appears to be struggling, including major players like Bitcoin (BTC), Ethereum (ETH), and others. Amid this ongoing downturn, whale transaction tracker Lookonchain shared a post on X (formerly Twitter), reporting that a newly created wallet had withdrawn a significant 1,850 BTC worth $183.37 million from Binance, the world’s largest cryptocurrency exchange….
As Bitcoin turns sluggish, the memecoin mania has also faded to a large extent. The most dominant memecoin, Dogecoin, has now turned bearish as the BTC price is flashing bearish signals. Meanwhile, the DOGE price remains within the bullish range, while the Shiba Inu price may face a notable pullback and trade within the same…
Story Highlights The Gala price drops ~12% in 24 hours with a trading volume of $458.83 million. The technical indicators record increased volatility, indicating a mixed price action. Positively, a bullish reversal could push the price toward its $0.0790 level. The cryptocurrency market has kickstarted the week on a bearish note. This has resulted in…
The crypto markets are contracting again as the Bitcoin price is losing grip over the rally as the token is struggling to sustain above $98,500. This has caused the other top altcoins, like Ethereum, to lose support as it drops below $3,900. As a result, the other altcoins within the top 10 like XRP &…
Story Highlights The Tron price recorded a new ATH of $0.4407 this month. However, the price has plunged over 33% since its all-time high. The technical indicators display increased bearish sentiment, highlighting a negative outlook. The Tron price continues to display a negative price action by losing significant value from its portfolio over the past…