Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing
Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone…
Bitcoin Is Becoming Greener At An Unexpected Pace, Good For BTC Price?
Bitcoin, the world’s most valuable cryptocurrency, is going green, and the pace at which the network has reduced its carbon emissions in the past three years has been noted by climate activists. Nonetheless, how this could impact BTC prices and…
Bloomberg’s Senior Macro Strategist Predicts More Pain Ahead For Bitcoin
In his latest report titled “Crypto Outlook, June 2023,” Bloomberg’s Senior Macro Strategist, Mike McGlone, predicts more pain ahead for Bitcoin (BTC) and the broader cryptocurrency market. McGlone argues that despite a rebound in…
Here Are The Pricing Models Bitcoin Must Stay Above For Rally To Go On
Here are the pricing model lines that Bitcoin might have to stay above if the bullish momentum of the cryptocurrency has to continue. These Bitcoin Pricing Models Are Currently Near The Spot Price In a new tweet, the on-chain analytics firm…
Ripple CTO Schwartz Reveals Insights Into AMM Trading Strategy
In a recent post, Ripple CTO, David Schwartz, explained Automated Market Makers (AMMs) – a vital component in the decentralized finance (DeFi) framework, and their trading strategies for profit. Schwartz states that AMMs thrive when an asset…
No More Crab: Bitcoin Poised For Explosive Move Above $30,000
Bitcoin is recording minor profits on higher timeframes but has been unable to display significant price action. In this context, volatility is reaching a record low, but the status quo could suddenly shift in the short term. As of this writing…
What is cryptocurrency investment? Cryptocurrency investment in its most basic form is the process of buying digital currencies and holding them in the hope that the market falls in your favour while your portfolio increases in value. The value of…
BitTorrent Bridge Breakthrough: Justin Sun’s TRX To Reach Ethereum Network
Justin Sun, the founder of the Tron blockchain, has announced that the Tron network’s native asset, TRX, can now be fully accessed on Ethereum (ETH), the largest altcoin network in the cryptocurrency industry. This has been made possible…
Litecoin has recently managed to break past the $95 mark as on-chain data shows the whales have become active on the network. Litecoin Has Surged After Spike In Whale Activity According to data from the on-chain analytics firm Santiment, the…
Galaxy Digital CEO Mike Novogratz Says This Will Kickstart The Bitcoin Bull Market
Bitcoin and the broader cryptocurrency market have been trending sideways for the last month with no indication of an upside at this point. However, not everyone is bearish on the market as Galaxy Digital CEO Mike Novogratz expects the market to…
Can Shiba Inu Rebound As It Wraps Up May With A Discouraging 16% Decline?
Shiba Inu (SHIB) is facing a turbulent period as its price chart paints a rather bleak picture. With its latest monthly candle, Shiba Inu has recorded its most dismal performance since November, igniting a wave of speculation and raising important…
XRP $1 Threshold On The Horizon? Noted Trader Fuels Speculation
XRP is no stranger to volatility and the excitement it brings. However, when a prominent trader like DonAlt raises the possibility of the crypto reaching the elusive $1 mark, it piques the interest of investors and enthusiasts alike. The last time…
BNB Price Prediction: Risk of Sharp Drop Below $300
BNB price (Binance coin) is moving lower below the $310 support against the US Dollar. The bears could gain strength if there is a close below $300. Binance coin price is moving lower from the $318 resistance against the US Dollar. The price is now…
Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1,920
Ethereum price started another decline from the $1,920 resistance against the US Dollar. ETH is at a risk of more losses if it stays below $1,920 for a long time. Ethereum is now showing bearish signs and well below the $1,920 resistance zone. The…
Bitcoin Price Takes Hit – Upsides Turn Attractive To Sellers
Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone. The price is trading below…
Did The US SEC Just Endorse Ethereum After This Settlement?
On May 30, the United States Securities and Exchange Commission (SEC) announced that Ishan Wahi, the former Coinbase product manager, and his brother, Nikhil Wahi, had agreed to settle charges brought forth by the regulator accusing them of…
XRP Breaks 2-Year Trendline: Is A 500x Surge On The Horizon?
XRP, one of the top cryptocurrencies by market capitalization, has been bullish since May 26th, outperforming most of the top 10 cryptocurrencies. This surge in price comes as investors have high expectations for the outcome of the ongoing SEC vs…
Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?
The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of…
Why This Is The Most Important Bitcoin Chart You’ll See This Week
Bitcoin price action is at an impasse. Bulls and bears are divided as to what happens next, leading to months of consolidation. It could all come down to the next few days, according to the most important BTCUSD price chart you’ll see this…
Trader Joe Goes All-In On Auto-Pools: Game-Changer For DeFi Investors?
Trader Joe, a Decentralized Exchange (DEX) on the Binance Smart Chain, is making waves in the Decentralized Finance (DeFi) world with its new Auto-Pools feature. According to the DeFi researcher Tindorr, this innovative solution offers a…
Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened?
RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates. RAY Prices Under Pressure According to CoinMarketCap data on…
Chainlink Bulls Must Overcome Key Hurdle For Potential 7% Rally
Chainlink Price has been attempting to reverse its recent losses over the past few weeks. Currently, Chainlink is trading under a crucial resistance mark which has caused the altcoin to face rejection. Over the last 24 hours, Chainlink has managed…
Is Bitcoin Poised For A Comeback To Higher Price Levels? Experts Weigh In
Bitcoin (BTC), the largest cryptocurrency by market cap, is currently showing signs of a new momentum refresh and the beginning of a newly formed bull run. Market analyst Justin Bennet accurately predicted this move, citing recent range highs and a…
Avalanche Price At Critical Support Level: What Direction Lies Ahead?
Despite the lingering bearish sentiment in the market, the Avalanche (AVAX) price has shown some upward movement. AVAX is hovering around a significant support line that has historically propelled its price in previous months. AVAX has experienced…
Fantom (FTM) Gas Incentive: The Secret Sauce To Reclaiming L1 Dominance
Fantom (FTM), a leading Layer 1 (L1) blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With the recent announcement of the…
Can This THORChain New Feature Push Back RUNE Bears?
THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023. It is a feature THORChain says will complete their THORFi ecosystem. However, amid this…
Rare Crypto Signal Emerges That Could Spark Another 2017-Style Boom
A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class on the map. With the signal now firing once…
Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs
A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s transaction surged to 10 million a few days after the…
Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean?
On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed…
NFT Market Update: Major Collections Suffer Price Slump in 2023
The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived…
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