European Commission To Present Regulatory Framework For Digital Euro In June
Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), recently announced that the European Commission would be presenting a legislative proposal for the digital euro in June. He further stated that the next steps…
Sui (SUI) Continues Downward Trend As Bears Maintain Control
The crypto market once again experienced a sell-off this week, leading to a plunge in the price of many crypto assets. The impact of this market downturn is not limited to Bitcoin alone, as it has affected various cryptocurrencies, including Sui…
Shiba Inu Burn Rate Surges 1500% In 24 Hours, Yet Price Continues To Struggle In Red
While Shiba Inu (SHIB) token appears to be getting rivaled by another currently hyped meme coin called PEPE, the latest update shows SHIB still has a strong community devoted to its growth. In the last 24 hours, the SHIB community continues to…
NEO Token Surges 10% In The Past 24 Hours – Here’s Why
NEO emerged as the largest gainer among the top 100 cryptocurrencies by market cap in the past 24 hours. At the time of writing, NEO has been trading at $10.75 while managing $106.2 million in volume, according to Coinmarketcap. The 59th largest…
Aptos Hackathon, Partnerships Set APT Bulls Up For A Strong Run
At the time of writing, there are indications of a potential market recovery, at least the major coins like Bitcoin and Ethereum are posting decent gains. Aptos (APT) is one of the tokens that is expected to experience an increase in bullishness…
Kava (KAVA) Price Rallies 10% In 7 Days – Here’s Why
KAVA, the native token associated with the Kava platform, has experienced a whirlwind week regarding its price swing. The token, which began the week trading around $1.03, surged to $1.23 on May 23, driven by positive news within its ecosystem. …
XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?
XRP has shown recent gains on its price chart, allowing the altcoin to surpass a significant resistance level. Although the 1% increase over the past 24 hours may not be substantial, it has helped maintain bullish momentum. However, on a weekly…
Whales Flock To XRP, Accumulate 52 Million Tokens In Just 3 Weeks – Here’s Why
In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital asset. Recent data has revealed a common trend in the XRP market, as whales have…
Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close
Litecoin (LTC) is still trending low like the rest of the cryptocurrency market but one thing that separates the altcoin from the others is its obvious bullish case. Unlike the rest of the market, Litecoin looks set for another rally which will…
Upcoming Interest Rate Hikes Could Be The Next Big Challenge For Bitcoin, Here’s Why
Bitcoin’s (BTC) current sideways price action has left investors wondering what the future holds for the world’s largest cryptocurrency. The upcoming interest rate hikes by the Federal Reserve (Fed) may pose the next big challenge for…
Will This Political Deal In The US Save Bitcoin and Crypto?
Politicians in the United States will likely strike a deal and raise the government’s $31.4 trillion debt ceiling for two more years. Amid this debate, the price of Bitcoin is firm but lower, tracking below the psychological $30,000 level as bulls…
Arbitrum (ARB) Fallout: 70% Price Drop, But These Charts Reveal Its True Value
Arbitrum (ARB) has been making waves in the crypto world as it recently became the 4th largest ecosystem in the market. Despite experiencing a sharp decline of 70% since its airdrop, Arbitrum’s native token has continued to gain attention from…
Why This Signal Means Uniswap’s Bear Run Is Almost Over
The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days…
Toncoin (TON) Continues Downward Trend As Bears Maintain Control
Toncoin (TON) has experienced a negative price decline, resulting in a bearish sentiment among investors of the altcoin. TON has been exhibiting a bearish strength on a monthly timeframe, based on data from CoinMarketCap. Within the last 30-Day…
JPMorgan Predicts Bitcoin (BTC) To Revisit $45,000, Here’s Why
In a recent note, JPMorgan strategists have made a prediction, suggesting that Bitcoin (BTC) could soar and revisit its former trading price of $45,000 due to the rising price of gold. This prediction comes amid Bitcoin’s price action of a…
Shiba Inu Whale Accumulates 261 Billion Shib Tokens In Just Three Days
A top SHIB whale added $1.18 million worth of Shiba Inu within 24 hours. Data from Etherscan.io reveals that this whale ranked as the nineteenth largest SHIB holder accumulating 140 Billion SHIB. The whale acquired the SHIB tokens in two separate…
Bitcoin Exchange Inflows Mostly Coming From Loss Holders, Weak Hands Exiting?
On-chain data suggests a majority of the Bitcoin exchange inflows are currently coming from investors holding their coins at a loss. Bitcoin Exchange Inflow Volume Is Tending Towards Losses Right Now According to data from the on-chain analytics…
Altcoins Across The Sector Are Underbought: Santiment
On-chain data from Santiment suggests that altcoins across the entire cryptocurrency sector may be underbought right now. MVRV Of The Various Altcoins Suggests Underpriced Conditions According to data from the on-chain analytics firm Santiment…
MATIC Price Prediction: Polygon Aims Recovery To $1
MATIC price is recovering from the $0.82 support zone. Polygon might rise further but there is a major barrier forming near the $1.00 zone. MATIC price is attempting a recovery wave above the $0.86 resistance against the US dollar. The price is…
Ethereum Price Could See “Liftoff” If ETH Clears This Resistance
Ethereum price started a recovery wave above the $1,780 level against the US Dollar. ETH must clear $1,820 to start a decent increase in the near term. Ethereum is currently consolidating below the $1,820 resistance zone. The price is trading below…
Bitcoin Price Struggles To Recover and Remains Vulnerable To Fresh Decline
Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone. Bitcoin is consolidating below the $26,600 and $26,650 resistance levels. The price is trading below…
Avalanche (AVAX) Ecosystem Poised For An Explosion, Here’s Why
The Avalanche (AVAX) ecosystem is gaining increasing attention in the world of blockchain and decentralized finance (DeFi). Despite not being as well known as other chains, such as Ethereum or Binance Smart Chain, Avalanche’s unique consensus…
When Is A Token Coming For Coinbase’s Base L2? Here’s What The Roadmap Says
Crypto exchange Coinbase announced and launched the testnet for its very own Layer 2 blockchain called Base earlier in February 2023. Since the launch, there have been speculations about the exchange launching a token for the L2, which has now been…
FUD Or Fact? Multichain Team Arrested, On-Chain Data Uncovers Fantom Exposure To Wrapped Tokens
Rumors of the arrest of the Multichain team have sent shockwaves throughout the Fantom ecosystem. Despite trading volumes of $129 million, the fear, uncertainty, and doubt (FUD) have resulted in a 5x increase in daily bridging volumes. However…
Polkadot Extends Decline, Can Bulls Defend $5.15 Support?
The Polkadot price analysis continues to indicate a bearish outlook as the market undergoes a notable decline. Within the past 24 hours, the asset’s price experienced a slight decline, demonstrating sideways movement under the influence of…
Chainlink (LINK) Under Bearish Strain As Selling Pressure Mounts
The bullish momentum in Chainlink (LINK), which spiked the asset to $6.75 on May 18, 2023, ended on May 19. From May 19 till date, LINK recorded a bearish pressure as the price gradually decreased each day till May 24, when it closed at $6.33. …
Bitcoin Bearish Signal: NUPL Finds Rejection At Long-Term Resistance
On-chain data shows the Bitcoin Net Unrealized Profit and Loss (NUPL) has found rejection at the long-term resistance zone recently. Bitcoin NUPL Has Observed Some Decline In Recent Days As explained by an analyst in a CryptoQuant post, the BTC…
XRP Bears Prevail As Asset Retreats From Recent Highs
XRP is in the red today, losing grip of its recent gains as the bears act on its price. The bulls had sustained the price momentum driving XRP to $0.4688 on May 19. The asset traded within this range till May 24, when the bears dropped it to a…
The Best Decision Is To ‘Buy Bitcoin (BTC),’ Robert Kiyosaki Urges
Renowned financial guru, entrepreneur, and bestselling author of “Rich Dad Poor Dad,” Robert Kiyosaki, has once again made headlines with his latest Twitter remarks on the importance of Bitcoin in the face of growing US debt. As the US…
Bitcoin Hangs At $26,200: Why This Is A Crucial Support Level
Bitcoin has plunged during the last 24 hours and now finds itself at the $26,200 level. Here’s why this level is important for the asset. Bitcoin 200 WMA & 111 DMA Are Both At $26,200 Right Now In a new tweet, the analytics firm Glassnode…
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