Bitcoin Exchange Supply Continues To Slip, Holders Not Interested In Selling?
On-chain data shows that the Bitcoin exchange supply has only continued to decline despite the recent rally that the asset has observed. Bitcoin Exchange Supply Continues To Register Net Decline According to data from the on-chain analytics firm…
Solana Registers 20% Rise In Past Week, But Can SOL Keep This Up?
Solana has observed an increase of more than 20% in the past week. Here’s what on-chain data says regarding whether this is sustainable or not. Solana Trading Volume Has Remained Low Despite Price Rise In its latest insight post, the on-chain…
Breaking: Shiba Inu Lead Dev Reveals Shibarium Release Date, SHIB Up 3%
Breaking Shiba Inu news: The highly anticipated layer-2 solution Shibarium, along with other groundbreaking developments, is set to be unveiled at the upcoming Blockchain Futurist Conference and ETHToronto. Shiba Inu’s lead developer…
Bitcoin Cash (BCH) Registers 28% Gain – How Long Will It Last?
Bitcoin Cash (BCH) is captivating the attention of the crypto community with its ongoing price surge. The recent inclusion of BCH on EDX, a Citadel Securities-backed crypto exchange, has sparked fresh interest in this digital asset. As investors…
Recent 800 Billion Shiba Inu Dump Has Short Traders Worried – Here’s Why
Shiba Inu (SHIB) recently faced a major token dump of epic proportions, with a whopping 800 billion SHIB tokens being thrown into the market. But what caused this massive sell-off and what does it mean for the future of Shiba Inu? This major token…
Celsius Starts Swapping Altcoins for Bitcoin, ETH; Chainlink, Aave, Others At Risk
Bankrupt crypto lender Celsius Network has begun the process of swapping altcoins for Bitcoin (BTC) and Ethereum (ETH). The recent court approval (June 30) granted the company permission to convert its altcoin holdings into the two leading digital…
ADA Price Indicators Suggest Cardano at Clear Risk of Further Declines
Cardano’s price is declining from the $0.30 zone. ADA could continue to move down if it breaks the $0.280 support zone in the near term. ADA price is moving lower from the $0.302 zone against the US dollar. The price is trading below $0.290 and the…
Ethereum Price Retests Uptrend Support But Can Bulls Save The Day
Ethereum price started a downside correction below $1,950 against the US Dollar. ETH is testing the $1,900 support and is showing a few bearish signs. Ethereum is correcting gains below the $1,950 zone. The price is trading below $1,940 and the…
Bitcoin Price Rejects $31K and Turns At Risk of Drop To $30K
Bitcoin price failed to settle above $31,000 and corrected lower. BTC could continue to move down toward the $30,000 support zone. Bitcoin is correcting gains from the $31,000 and $31,250 resistance levels. The price is trading below $30,800 and…
Blame The “Supermoon” If Bitcoin Crashes Or Rallies Towards $35,000 In July
If historical Bitcoin price performance leads, one trader is adamant that the coin is at a critical inflection point at spot rates. Based on astronomical patterns and moon arrangement, trading desk QCP Capital believes Bitcoin prices can swing…
Shibarium Reaches New Milestones As Anticipation Builds For Mainnet Launch
The Shiba Inu community continues to mark new milestones with its testnet, Shibarium, as a steady surge of users links their crypto wallets to the network. Shibarium’s testnet, also known as Puppynet, launched on March 11 and has seen an…
Bitcoin Options Open Interest At Near 2021 Peaks, Will BTC Break Above $31,300?
The total Bitcoin Options open interest, the number of open call and put orders, recently rose to $14.87 billion on June 30 before falling to $10.74 billion on July 4, on-chain data on July 5 shows. Related Reading: Valkyrie Follows In BlackRock’s…
Rapid Rise In Cardano’s TVL Points Toward Bullish Sentiment Around ADA
Cardano is one of the most prominent proof of stake (POS) blockchains that requires users to stake their native tokens, ADA, to confirm and secure transactions on the network. Over time, the network has held the record for the largest percentage of…
Ethereum Starknet Launches Testnet For ‘Quantum Leap’ Upgrade
StarkWare, an Israeli-based company working to scale Ethereum (ETH), has released the testnet for its latest layer-2 solution, Starknet v12.0. The new version focuses on improving performance and user experience, with a significant 10x increase in…
Crypto Market Trade Volume Hits Lowest Point Since 2020 Amid Market Turbulence
In recent months, the crypto markets have witnessed significant turbulence leading to the lowest quarterly trade volume since 2020. Amid varying economic factors, a bearish perception of investors toward cryptocurrencies and the broader economic…
Valkyrie Follows In BlackRock’s Footsteps, Refiles For Spot Bitcoin ETF
The dream of a spot Bitcoin exchange-traded fund (ETF) in the US is still yet to become a reality as various investment firms continue to seek approval from the Securities and Exchange Commission (SEC) despite multiple rejections. In a recent turn…
Dogecoin Up 5%, But Social Media Talk Remains Low: Santiment
Dogecoin is up 5% during the past week, but data from Santiment reveals that social media talk around the asset still continues to be low. Interest In Dogecoin Remains Low Despite Surge In Price According to data from the on-chain analytics firm…
Solana (SOL) Notches 16% Gains On Weekly Chart, Will It Cross $20?
Solana (SOL) has recorded progressive gains in the past week, with its 7-day high at 15.95%. It is currently trading at $18.73 today with slight gains on its price. Although SOL is still 92.61% below its all-time high value of $260, its recent…
XRP, one of the prominent cryptocurrencies in the market, has witnessed a remarkable surge in its daily burn rate, sparking speculation about its potential to go on a bull rally. Crypto analyst and influencer 24HRSCRYPTO is one of those who have…
AAVE Records 26% Weekly Gain, Looks To Break Key Resistance
AAVE, one of the most prominent DeFi tokens, has made a bright start to July. The coin is experiencing a price rally, jumping by more than 26% in the past week. Overall, the AAVE market seems to be enjoying much attention as shown by recent high…
Zilliqa (ZIL) Notches 10% In Anticipation Of Network Upgrade
The ZIL token has seen a jump in its price over the last day in anticipation of the latest Zilliqa network upgrade. According to data by CoinMarketCap, ZIL has now gained 10.13% in the last 24 hours, emerging as the top gainer of the day. Zilliqa…
Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry
The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023. The event will be held with the support of Invest Cyprus…
Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?
A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a…
Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It?
Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector. Amidst the turbulence caused by the highly controversial lawsuit filed by…
Aptos (APT) Gains By 10% Ahead Of July Token Release
APT, the native token of the Aptos Network, is currently making market waves as it prepares for its upcoming token release in July. According to data by CoinMarketCap, APT has gained by 10.14% in the last 24 hours, emerging as part of the top…
Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds
Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recent developments have cast a shadow of uncertainty…
What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet
After Bitcoin reached a new yearly high at $31,413, the buy side has so far failed to initiate a trend-following move north. Although the bulls fended off a sell-off last Friday in the wake of the SEC’s perceived concerns over a Bitcoin spot…
Dwindling Optimism (OP) Value May Be A Result Of This Factor
Optimism (OP), a prominent Layer 2 network, is experiencing a noticeable decline in network activity as the hype surrounding meme coins takes a dip. Once bustling with vibrant transactions and a fervent community, Optimism now faces a subdued…
XRP Price Could Regain Strength Above This Key Resistance
Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The…
Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited
Ethereum price failed to test $2,000 and corrected lower against the US Dollar. ETH is testing the $1,930 support and might start a fresh increase. Ethereum is correcting gains from the $1,975 zone. The price is trading above $1,930 and the…
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