NFT Industry Hit Hard In March With 31% Decline In Revenue – Here’s Why
Despite the broader crypto market being bullish in the past few days, the NFT industry has been battered by a sharp decrease in revenue across the board. According to CryptoSlam, NFTs sales volume dropped by nearly 31% since last month. This has…
Here’s Why The Fair Price Of Bitcoin Currently Is $42,000: Renowned Analyst
The founder of Capriole Investments, Charles Edwards, has shared in his latest tweet an assessment that Bitcoin is still significantly undervalued at its current price. The creator of the Hash Ribbons indicator and one of the leading publishers of…
Data Says Bitcoin Has Begun Its Most Bullish Month Historically
Bitcoin price is trading around $28,000, holding relatively stable after a large move upward in Q1 2023 from 2022 lows. Not only is a new quarter beginning, but BTCUSD has entered its most bullish month in its history, according to data. Historical…
Shiba Inu Continues Rally As SHIB Burn Rate Spikes Over 20% In The Past Day
Over the past 24 hours, a significant amount of Shiba Inu (SHIB) has been burned via transactions. SHIB has surged by nearly 4% in the past day, emerging as the second highest gainer among large crypto by market cap after Dogecoin (DOGE). SHIB is…
Green Support At $27,000: Bitcoin’s Key Level As Retrace Looms
Bitcoin (BTC) remains in consolidation mode, trading within a fully formed range between $27,500 and $28,000. While the cryptocurrency has been unable to break through its toughest resistance wall, it has found solid support at the $27,000 level. …
Dogecoin Becomes New Twitter Logo? DOGE Rises 18% Amid Confusion
The Shiba Inu representing cryptocurrency Dogecoin (DOGE) has taken over social media Twitter, as the company could have a new logo. Multiple users reported that the Shiba Inu, the popular Japanese pet, substituted the “bluebird” as the default…
On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has plunged recently; here’s why this may be bullish for the price. Bitcoin SOPR Observed A Deep Plunge In Recent Days As an analyst in a CryptoQuant post pointed out, many…
Bitcoin Addresses With At Least 1 BTC Nears A Million, BTC Steadies Above $28,000
The number of unique Bitcoin addresses holding at least 1 BTC, currently worth $28,181 as of writing on April 3, stands at 992,243. Bitcoin Addresses With At Least 1 BTC Stand At Near 1 Million According to Look Into Bitcoin data, the number of…
Cardano (ADA) Could Break Above $0.5 Very Soon, Here’s Why
Cardano (ADA) is one of the cryptocurrencies that is still holding quite well despite the current crypto market climate. The digital asset has seen an incredible run since 2023 started and has not let up since then. As ADA continues to trend in the…
Shiba Inu Fundamentals Look Strong, When Will SHIB Price Follow?
Despite strong fundamentals, the Shiba Inu (SHIB) price is currently struggling to leave bearish territory. Since the local high of around $0.000016 on February 4, all attempts to generate new upward momentum have failed. Now SHIB may be facing a…
Arbitrum Whales Dump 3.73 Million Tokens, Impacting Market Prices
Arbitrum, a popular scaling solution for Ethereum, experienced a major setback when two large addresses sold 3.73 million ARB tokens, resulting in a significant loss of over $400,000. The dump came at a time when the Arbitrum Foundation’s…
XRP Will Survive Even A Nuclear War, Claims John Deaton
Lawyer and crypto enthusiast, John Deaton, has made yet another bullish remark on XRP. True to Deaton’s words, the digital asset has proven resilient amid challenges, including regulatory attacks and backlash from crypto industry players…
Dogecoin Whales Bought 1.47 Billion DOGE In Q1 2023: Santiment
On-chain data from Santiment shows the Dogecoin whales have added another 1.47 billion DOGE to their holdings in the year 2023 so far. Dogecoin Whales Been Accumulating In 2023 So Far According to data from the on-chain analytics firm Santiment…
Salim Ismail is the author of Exponential Organizations. He’s an XPRIZE Foundation Board member, Founding Executive Director of Singularity University; Chairman of OpenExO & ExO Works, etc He is prolific speaker that has spoken in front…
Top 5 Coins To Watch In The First Week Of April 2023
After experiencing gains last week, the current market structure is now posing a challenge to the progress made by the bulls. According to CoinGecko, the total market cap of cryptocurrencies has decreased by 2% in the past 24 hours, indicating a…
Cardano Founder Says Project Is Special, ADA Rose 70% In Q1 2023
Charles Hoskinson, the founder of Cardano, a smart contracting platform, thinks his blockchain is “pretty special” and well thought out from the design point of view. Charles Hoskinson Boasts About Cardano In a tweet on April 3, Hoskinson, who has…
Bitcoin Back Above $28,000, But DXY Spoils Short-Term Outlook
The Bitcoin price plunged 2.2% at the beginning of the trading session in Asia, but managed to hold the important support at $27,700. However, a breakout of the US Dollar Index (DXY) could mean another pullback for the Bitcoin price in the…
Bitcoin Loses $28,000 Handle – Is A Retreat In The Offing For BTC?
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, was dealt a blow earlier today as it slipped below the $28,000 handle. The decline has sparked concerns among investors and analysts that the digital asset may be…
Bitcoin Price Dips Again As The Bulls Struggle To Push It To $30K
Bitcoin price is correcting lower from the $28,800 zone. BTC might gain bearish momentum if there is a clear move below the $27,500 support. Bitcoin started another decline from the $28,800 resistance zone. The price is trading below $28,500 and…
USDC Market Cap Dips By $10 Billion In 2 Weeks – Here’s Why
USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its…
Crypto ATM Installations Decrease By Over 5,000 In 2023 – Here’s Why
The year 2023 has been quite eventful for the crypto industry, with several positives and negatives. In the latest development, Bitcoin and crypto ATM installations have dropped by more than 5,000 units in 2023 based on data from Coin ATM Radar…
Cardano Stands Out In Robinhood’s Top Movers List For The Week
Robinhood, a popular trading platform, listed Cardano among the top gainers in its weekly list of best-performing assets. This is the first time in almost two months that ADA made it to the list. ADA gained 10.15% in the last seven days. It also…
Solana NFT Trading Volume Declines Following y00ts Migration To Polygon
Solana has experienced a major decline in its NFTs trading volumes following the massive migration of y00ts NFT collection to Polygon. The process began earlier in the week and has seen more than 70% of the NFT holders move to Polygon in the…
Ripple Releases 1 Billion Tokens From Escrow, XRP Declines By 5%
Prominent crypto payment company Ripple has released a huge amount of XRP from its escrow wallet into circulation. According to a report by blockchain tracker Whale Alert, Ripple transferred a total of 1 billion XRP tokens valued at $513.37 million…
Bitcoin Market Structure Points To New Uptrend, Here’s Why
Bitcoin price is trading above $28,000, only roughly $4,000 away from doubling in value since the most recent low. The recent changes in market structure in BTCUSD could indicate a new uptrend is taking form. Find out why below. Bitcoin Price Forms…
Monero Price Stagnates, How Soon Will It Cross This Obstacle?
Over the past couple of months, the price of Monero has appreciated significantly. However, in the last week, the altcoin’s price action has dulled out, and XMR has been unable to secure significant gains. Although Monero gained just 1.5%…
Bitcoin (BTC) To Tap Into $30,000 Region Before A Slow Down, Here’s Why
Bitcoin is experiencing a non-stop rally while trading sentiment moves from fear to greed with each new level conquered. While many are still waiting for a price drop to jump into the action, others have rushed into the market fueling the current…
US To Sell 41,500 Bitcoin (BTC) In Four Batches, Crash Inevitable?
According to a recent Twitter post by crypto researcher “db,” the US government sold 9,800 Bitcoin (BTC) on March 14th, seized from criminals involved in illegal activities on the Silk Road website. At the time of the auction, the price of…
Crypto whale tracker, WhaleStats has spotted yet another massive Shiba Inu accumulation by Ethereum whales. On March 31, 2023, an Ethereum whale purchased over $1 million worth of SHIB tokens in a single transaction. In detail, an Ethereum whale…
XLM: How It Plans To Navigate Bearish Market Sentiment
Despite the recent negative market trend, XLM, the governance token of the Stellar blockchain, is defying the odds in the crypto market. According to CoinGecko, the token has experienced substantial gains in all timeframes, with the highest…
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