Ultrasound Money data reveals that there has been a surge in activity in decentralized finance (DeFi) protocols, with Uniswap leading the line. In the past week, Uniswap-related activities led the ETH “burn” leaderboard on Ultrasound Money…
This Mysterious Fund Could Be Behind The 40% Surge in Ethereum Prices
Based on on-chain data, one mysterious crypto fund could be directly behind the recent Bitcoin, Ethereum, and digital asset rally. Mysterious Fund Might Be Behind The Recent ETH Crypto Rally According to Lookonchain data streams, an unknown fund…
Shibarium Hype Hits Its Peak As 1.3 Million Wallets Hold SHIB
Anticipation for the launch of Shibarium has officially reached its peak with CoinMarketCap noting 1.3 million wallets holding SHIB. The token has seen a gradual increase since the start of the month, with Shiba Inu ushering February with 1.2…
XRP Price Prediction: Risk of Bearish Break Below $0.38
Ripple is struggling to stay above the $0.42 resistance zone against the US Dollar. XRP price could decline heavily if there is a close below $0.38. Ripple is currently moving lower from the $0.42 resistance zone against the US dollar. The price is…
Ethereum Price Close Below $1,600 Could Spark Larger Degree Correction
Ethereum price failed again to clear the $1,700 resistance against the US Dollar. ETH is retesting the $1,600 support, below which it could accelerate lower. Ethereum started another decline from the $1,700 resistance zone. The price is now trading…
Bitcoin Price Takes Hit as Indicators Signal Fresh Bearish Wave
Bitcoin price failed again and declined below $23,000. BTC is moving lower and might decline further below the $22,500 support. Bitcoin is moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple…
Today, the Chiliz blockchain and its CHZ cryptocurrency, created for the entertainment and sports industry, announced the launch of its new Chiliz Chain 2.0 Mainnet. Alexandre Dreyfus, Chiliz CEO, announced the launch via Twitter. The new Ethereum…
MATIC Spikes As Ethereum Whales Show Interest, Buying Over 2 Million Tokens
While Ethereum has been an attractive asset to whales given its potential, altcoins such as Polygon (MATIC) have joined in on the whales’ favorite tokens list. Earlier today, Whalestats, an account that monitors whales’ transactions and discloses…
Is The Crypto Industry Ready For Tax Regulation? Survey Shows
For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are a relatively new type of investment, the Internal Revenue Service (IRS) in this…
Litecoin Sets Eye On $107, But It Needs To Cross This Major Hurdle
Litecoin price has been trading within an ascending trendline over the past couple of weeks; currently, the coin has broken out of the trendline but has maintained bullish momentum. Over the last 24 hours, LTC has depicted little price movement. In…
Another Bitcoin Metric Turns Bullish With Price At $23,000 And Forecasts More Profits
Bitcoin has been moving sideways during this week as bullish momentum fades under the pressure of macroeconomic uncertainty. The cryptocurrency has been recording significant profits since the beginning of 2023, flipping market sentiment from fear…
Bearish Signal? DCG Starts Selling Grayscale Crypto Shares At Almost 50% Discount
The issues at Digital Currency Group (DCG) seem to be coming to a head as the company has now begun offloading its Grayscale crypto shares. This move is one that was under speculation for a long time in the crypto community, as well as what kind of…
Small Cap Altcoins Outperform Bitcoin As GRT Registers 117% Gains
Data shows the small cap altcoins have continued to outperform Bitcoin and the rest of the market recently as GRT has managed 117% gains in the past week. Small Cap Altcoins Index Is Sitting At 48% Profits For The Past Month As per the latest…
This Little-Known Crypto Erupts 1,300% In Last 24 Hours – Find Out Here
Last month saw 2023’s surprise for crypto investors and traders as the market boomed. Major cryptocurrencies rallied, pulling the crypto market up with them. This includes lesser-known cryptocurrencies like GFT, the native token of the Gifto…
AI Token The Graph (GRT) Sees Correction, But How High Can The Price Go?
The price of The Graph’s native token, GRT, has gained a whopping 114% in the last seven days. However, within the last few hours, the price has experienced a major correction of about 23%. After trading for $0.2322 at one point, GRT is…
Cardano Whales Record Most Active Week In 9 Months, Bullish?
On-chain data shows the Cardano whales have just had their most active week in nine months. Here’s what it may mean for the asset’s price. Cardano Whale Transaction Count Has Been Elevated Recently As per data from the on-chain…
Baby Doge Coin Grows 124% In Last 7 Days – Is This The Next Big Thing In Crypto?
Baby Doge Coin (BABYDOGE) has been maintaining a steady and strong price action in the last few weeks. For instance, in the last seven days alone, the fast-rising meme coin has tallied an impressive 124% increase – a feat not all of its…
MATIC Price Prediction: Polygon Rally is Just Getting Started
MATIC price started a fresh increase from the $1.10 support zone. Polygon bulls are in control and might push the price towards the $1.40 level. MATIC price started a fresh rally above the $1.10 resistance against the US dollar. The price is…
Ethereum Price Revisits $1,700 And $1,800 Seems Imminent, Here’s Why
Ethereum started a fresh increase and retested $1,700 against the US Dollar. ETH is showing positive signs and might rise further towards the $1,800 zone. Ethereum gained pace and was able to clear the $1,660 resistance zone. The price is now…
Bitcoin Price Recovers Ground But This Resistance Is The Key For Upside
Bitcoin price is rising and trading above $23,000. BTC could gain bullish momentum if there is a clear move above the $23,500 resistance zone. Bitcoin is correcting losses and trading above the $23,000 support zone. The price is trading above…
MATIC On The Upper Side Of The Consolidated Range, Breakthrough Incoming?
MATIC has been on the rise for the past week now. Over the last 24 hours, MATIC increased 2%, and the coin gained close to 14% in the past week. The altcoin was moving within a range but was not precisely rangebound as it approached the immediate…
Half Of All Bitcoin Unmoved In 2 Years: What Does This Mean For The BTC Price?
A popular crypto analyst called “Documenting Bitcoin” released fresh data on Tuesday showing that half of all Bitcoin (meaning 9.64 million BTC worth $86.4 billion) have not been moved for the last two years. At the time of writing, there is 19.28…
Here’s What Could Stop The Altcoin Bull Rally Dead In Its Tracks
The majority of altcoins in the crypto space have been rallying independently of the largest cryptocurrencies in the space. However, while this has been good so far, it could also present a possible roadblock for the altcoin bull rally. Bitcoin And…
After the unreeled crypto winter, the market continues to show signs of revival after the debacle of institutions and exchanges filing for bankruptcy in late 2022. Following a month of upward price action fueled by investors betting on crypto in…
Shiba Inu Burn Rate Plummets, Are Traders Losing Interest In SHIB?
While Shiba Inu (SHIB) has been in an uptrend over the past weeks, other aspects of the token seem to be in a decline. According to data from Shibburn, a tracker for burned SHIB, the burn rate of SHIB has declined significantly in the past 24…
SingularityNET (AGIX) Shows No Signs Of Stopping, As AI Crypto Blows Up 923%
The interest in artificial intelligence (AI) applications has been on the rise as the use of various platforms, such as SingularityNET and OpenAI’s text-based tool ChatGPT, has become more widespread. AGIX, SingularityNET’s native…
This Bitcoin On-Chain Metric Is At A Historical Resistance, Will BTC Decline?
This Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin Short-Term Holder SOPR Is At The “Sell” Level As pointed out by an analyst in…
XRP Price Still Looks Bearish, But This Ripple Visa Rumor Might Change It
Despite its 17.3% year-to-date (YTD) increase, the XRP price remains in bearish territory. In the past two weeks, XRP failed to break the 200-day Exponential Moving Average (EMA) in several attempts. At press time, XRP was trading at $0.3970 and…
Shiba Inu Takes 3% Hit, Gets Flipped By Polkadot In Market Cap
Shiba Inu has observed a 3% decline during the last 24 hours and has been flipped by Polkadot in terms of market cap as a result. Shiba Inu Rally Halts As Meme Coin Drops 3% In Value Since the year 2023 started, SHIB has enjoyed an overall upwards…
Cardano DeFi TVL Rises More Than 100% In One Month
DeFi protocols in Cardano, a proof-of-stake smart contracting platform, have locked over $100 million in user assets as of February 7. According to DeFiLlama statistics, Cardano DeFi protocols command a total value locked (TVL) of slightly over…
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