Bitcoin “Social Dominance” Surges As Altcoins Struggle
Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain…
BONE Surges 14% As Shibarium Set To Launch This Week
While the rest of the crypto market is still in a bewildered state, Shiba Inu’s BONE, a governance token for the upcoming Shibarium layer 2 blockchain, has surged by over 10% in the last 24 hours. The rally occurred after Shibarium developers…
US Government Transfers 40,000 Bitcoin, Will It Affect The Price?
The Bitcoin price is under heavy pressure due to fears of “sticky” inflation and yesterday’s ultra-hawkish comments from U.S. Federal Reserve (Fed) chairman Jerome Powell. At press time, BTC was trading just above $22,000 and…
Ethereum: Several Metrics On The Down-Low As Shanghai Upgrade Nears
Ethereum, the Layer 1 blockchain for most of the DeFi protocols available in the market, has seen drops both in metrics and in price since the start of the month. According to CoinMarketCap, the price of Ethereum went down by 6% in the weekly…
Ethereum Bears In Action and 100 SMA Is The Key To Recovery
Ethereum price is moving lower below $1,580 against the US Dollar. ETH could attempt a recovery wave if there is a break above the 100 hourly SMA and $1,600. Ethereum is struggling to clear the $1,560 and $1,580 resistance levels. The price is…
Bitcoin Price Faces Rejection And It’s Vulnerable to a Drop Below $22K
Bitcoin price is moving lower below the $22,200 level. BTC could take a hit if there is a close below the $22,000 support zone in the near term. Bitcoin is showing bearish signs below the $22,500 resistance zone. The price is trading below $22,250…
This Quarterly Bitcoin Signal Suggests A Big Move Is Coming In March
Bitcoin price action has historically been abysmal in March. Although seasonality suggests not to expect very much this month, a quarterly bullish crossover could result in a massive move up before the month is over. Bitcoin Quarterly Recurrence…
Weeks after its recent bedrock upgrade, aimed at enhancing network performance via Optimism Collective, Optimism (OP) is still thriving to stay relevant among the competitive Layer 2 network markets. On Monday, Optimism announced its upcoming…
Rate Hikes On The Horizon, Will It Doom Bitcoin Below $20,000?
Bitcoin continues to trade sideways as volatility in the market’s most prominent cryptocurrency diminishes. Bitcoin has successfully held the $22,000 support level, although it did suffer a dip below $22,000 that was quickly bought by the…
Cardano, XRP Sentiment Plummets, Time To Be Greedy While Others Are Fearful?
Data shows the sentiment of XRP and Cardano investors has plummeted recently, but if history is anything to go by, this may be the time to become greedy. XRP, Cardano, Bitcoin, And Ethereum All Show Negative Sentiments As per data from the on-chain…
Synthetix (SNX) Holds Monthly Gains As Broader Market Plummets
Since the crypto market sentiment turned bearish after a few weeks of improvement, many cryptocurrency prices have retraced. Many coins have barely held their gains, while others have surrendered the past month’s gains to the bears. Even the…
Bitcoin Backpedals To $22,000 Region Amid Worries About Silvergate
Key on-chain measures provided resistance throughout the first week of March, thus dampening the excitement of Bitcoin traders. Over the course of the previous week leading up to the beginning of February, Bitcoin (BTC) had been trading at roughly…
Dogecoin Whale Withdraws $5 Million In DOGE From Binance, Bullish Sign?
Data shows a Dogecoin whale has withdrawn about $5 million in DOGE from the crypto exchange Binance, a sign that may be bullish for the price. Dogecoin Whale Transfers Out $5.1 Million From Binance As per data from the cryptocurrency transaction…
Maker (MKR) Registers 15% Gains In The Last Week, What’s Pushing It?
It is rare to see any cryptocurrency sustaining its gains amid the ongoing onslaught in the crypto market. A majority of coins in the market are trading in the red zone today, March 7, and have given up their past week’s gains. Bitcoin is a…
XRP To $1? Summary Judgment Is Very Close, Lawyers Predict
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is picking up steam again, and now things could move really fast. Several attorneys at once predict that summary judgment could appear at any time, within…
These 5 Cryptos Are Set To Break The Bears’ Backs This Week
The bears are in full swing as of writing, as major cryptos bleed. According to CoinMarketCap, the crypto market shed 0.3% in the past 24 hours in total valuation. Popular cryptos like Bitcoin and Ethereum suffered corrections, pulling the entire…
Ethereum Founder Buterin Dumps These Meme Coins, What You Need to Know
Ethereum co-founder Vitalik Buterin caused a stir in the crypto community today, but not with a tweet, but with the sale of several unknown meme coins. Both on-chain data provider Lookonchain and blockchain security company PeckShield have reported…
SOL Price Prediction: Solana Revisits Key Support, Here’s What Can Spark Recovery
Solana declined heavily below $22 against the US Dollar. SOL price could start a recovery wave if it stays above the key $20 support zone. Sol price declined heavily and tested the $20 support zone against the US Dollar. The price is now trading…
Ethereum Price Breaking This Single Level Will Spark a Steady Increase
Ethereum price is consolidating losses above $1,540 against the US Dollar. ETH could rise if there is a clear move above the $1,580 resistance. Ethereum is consolidating losses above the $1,540 support zone. The price is trading near $1,580 and the…
Bitcoin Price Recovery Could Soon Fade If ETH Fails To Surpass $23K
Bitcoin price is attempting a recovery wave above the $22,250 resistance. BTC is rising, but it might face hurdles near the $23,000 resistance zone. Bitcoin is attempting a recovery wave above the $22,250 resistance zone. The price is trading above…
Bitcoin price is still stuck in the low $20K region, but has opened with a bullish crossover of a high timeframe momentum tool. In the past, the signal brought a minimum of a 1,000% return on investment. Here is a closer look at previous signals…
Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?
Bitcoin (BTC) bulls have withstood the selling pressure that pushed the price below $23,000 last week. As BTC holds above the previous trench of $22,000, there’s another concern for the bulls as the days go by. Mt. Gox payments are…
Next Litecoin Halving Happens In 150 Days, Here’s How It Could Affect LTC Price
According to a tweet posted on Sunday, March 5, Litecoin’s highly-anticipated halving event is set to take place in the next 150 days. This means that the latest and third halving of Litecoin cryptocurrency will happen on August 4, 2023…
This Bitcoin Metric Is Forming A ‘Triple Bottom,’ Here’s What Happened Last Time
On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an…
Crypto Fear & Greed Index Drops To One-Month Low, Here’s What It Means
Crypto investor sentiment is already on the downside following the market crash, erasing the progress that has been made over the last month. The Fear & Greed Index is now on a reversal, falling back to its lowest point in over one month…
Stacks (STX) Posts Positive Moves While Top Cryptos Nosedive
Nowadays, achieving the slightest percentage gain amid the crypto market-wide reproach seems like a noble fit. The fear in the market has caused a rise in volatility with strained investor sentiment, making it nearly impossible for digital coins to…
Lido Finance (LDO) Is Down 18% In 7 Days, Time To Buy The Dip?
With the upcoming Ethereum Shanghai hard fork in April, which will allow ETH to be withdrawn from the deposit contract for the first time in over two years, Lido Finance (LDO) has been singled out by many experts as one of the biggest beneficiaries…
Investors Shifted Funding From CeFi To DeFi Following Major Crashes
In the wake of significant collapses in centralized finance (CeFi) platforms, the crypto industry is witnessing a significant shift in funding from CeFi to decentralized finance (DeFi) platforms, according to a recent report by CoinGecko. The…
EOS Holds Gains During Market Uncertainty, Can It Hit $2?
These past few days went by with devastating losses across the cryptocurrency market as top coins surrendered gains amid rapid volatility. It wasn’t surprising as the market sentiment was under pressure due to fear and uncertainty plaguing…
Exchanges See Large Stablecoin Inflows, What Does It Mean For Bitcoin?
On-chain data shows exchanges have observed large stablecoin inflows recently. Here’s what this may mean for the price of Bitcoin. Stablecoin Exchange Netflow Has Shown A Positive Spike Recently As pointed out by an analyst in a CryptoQuant…
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