Number Of New Ethereum Validators Remains Flat Ahead Of Shanghai Upgrade
There is no marked shift in the number of new addresses depositing the required 32 ETH, the minimum amount required to be deposited into the Beacon Chain for holders who wish to operate a validator node, into the official Beacon Chain Deposit…
Avalanche Crumbles 10% – Was The AVAX Rally A Bull Trap?
Avalanche has been going up the chart ladder since the start of the year, following the broader crypto market rally as major cryptocurrencies break through crucial resistances. But right now, its native token AVAX seems to have found itself a new…
Number of New Ethereum Smart Contracts Falls 60% in 2023
Ethereum prices might be solid, and bulls are looking to drive the coin toward $1,700, but on-chain data points to dropping activity from developers judging from the number of new smart contracts deployed in the first three weeks of January. Number…
DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally
Polkadot’s DOT started a fresh increase from the $5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase. DOT is holding the ground above the $6.00 and $5.80 levels against the US dollar…
Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support
Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support. Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels. The price is now…
Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?
Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours. Even the broader cryptocurrency market has recently seen tremendous improvement in its…
Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact
Bitcoin price started a downside correction below $23,000. BTC is testing an important support and might start a fresh increase towards $23,500. Bitcoin started a downside correction and declined below the $23,000 support zone. The price is trading…
80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol
Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book. For the v3 launch, the…
SushiSwap To Redirect 100% Trading Fees To Treasury
While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a…
Chiliz (CHZ) Continues To Record Significant Gains, Moves Over 5% In The Last Day
The global cryptocurrency market cap stands at $1.05 trillion, representing a 0.19% increase in the last day. As the cryptocurrency market continues to rally, altcoins are posting incredible gains. For instance, Chiliz’s price is gaining…
Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low
Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin…
Repeat Of April 2019? Bitcoin Rally Shows Similar Break Above These Key Levels
On-chain data shows Bitcoin has broken above these three key levels in a manner reminiscent of the rally in April 2019. Bitcoin Breakout Shows Initial Similarities To April 2019 Rally According to data from the on-chain analytics firm Glassnode…
Money Leaves ADA, SOL To Small Cap Altcoins, Here’s Where It’s Headed
With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run. However, as the market begins to settle…
Solana (SOL) Network On Hyperdrive As TVL And NFT Trade Volume Soars
Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors…
ApeCoin Buckles As News Of Stolen BAYC NFT Hits The Market
The Bored Ape Yacht Club NFT collection has been the target of an exploit this January 20th. FranklinIsbored, one of the biggest holders of BAYC NFTs, is targeted with an exploit of OpenSea’s stolen ApeCoin policy which allowed the attacker to sell…
Dogecoin Whale Transfers $5M In DOGE To Coinbase, Bearish Signal?
Data shows a Dogecoin whale has deposited more than $5 million in the crypto to Coinbase. Here’s what it may mean for DOGE’s price. Dogecoin Whale Sends 57 Million DOGE To Crypto Exchange Coinbase As per data from the crypto transaction…
Bitcoin Bull Trap Or Bull Run? This Is What Glassnode Says
The Bitcoin price is up 40% year-to-date (YTD) and has recaptured the $23,000 level. However, with ongoing concerns around DCG and Grayscale as well as macroeconomic uncertainties, many investors doubt the sustainability of the recent price rally…
Whales Bag 500 Million Dogecoin – Will DOGE Hit $0.1 Mark?
Meme coin forerunner, Dogecoin, opens the week with a new rally amid Robinhood’s support. Reports reveal that several whales jumped on the positive market sentiment to accumulate massive amounts of DOGE, triggering a 5% rally in the last day…
XRP Price Prediction: Key Upside Break Could Trigger Rally To $0.5
Ripple is rising steadily above the $0.380 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.4320 resistance zone. Ripple is currently rising above the $0.38 resistance zone against the US dollar. The price is…
Ethereum Price Forms Bullish Continuation Pattern and Could Rally Again
Ethereum is consolidating gains above $1,600 against the US Dollar. ETH is showing positive signs and might start another increase above $1,650. Ethereum is showing positive signs above the $1,620 and $1,600 levels. The price is now trading above…
Bitcoin Price Gearing For Another Lift-Off and Might Surge To $25K
Bitcoin price remained well supported above the $22,300 zone. BTC is rising and might aim a fresh increase above the $23,500 resistance zone. Bitcoin started a minor downside correction and tested the $22,400 support zone. The price is trading…
Ethereum Closes Near Its Next Profit Take Region As Bullish Momentum Continues
The Ethereum price has been propelling itself considerably ever since Bitcoin crossed the $20,000 price mark. Over the last 24 hours, ETH has slightly moved down on its chart, depicting consolidated price action. Last week helped the Ethereum price…
Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market
Bitcoin price continues to push higher, leaving very few pullback opportunities thus far for those that failed to buy below $20,000. Price action on BTCUSD the weekly timeframe, according to the Relative Strength Index, has reached a critical line…
On-chain data shows the annual rate of change in the Bitcoin Puell Multiple has exited the bear market zone, a sign that a bull rally may be here. Bitcoin Puell Multiple 365-Day Rate Of Change Has Shot Up As pointed out by an analyst in a…
The price of Bitcoin keeps smashing resistance levels while reclaiming previously lost territory. Unlike other rallies into the current area, this price action might suggest a persistent trend and a new dawn for the industry following months of…
Vitalik Buterin Proposes A Privacy Fix for Ethereum
Vitalik Buterin, the co-founder of Ethereum, recognizes the privacy problem in the most active smart contracting platform. He is proposing a stealth address system as a possible fix. Vitalik Buterin’s idea radically differs from what Tornado…
Cardano (ADA) Appears In Top Trending Crypto List, Surpassing BTC
Weeks have gone by, and the crypto market is still seeing a bullish trend, and the dubbed ‘mini bull run’ for the ongoing market movement is beginning to look more prominent. Altcoins such as Cardano (ADA) have moved significantly in price breaking…
Crypto Analyst Says Bitcoin Price Could See Another 30% Rally
Bitcoin price has already had a good week. The digital asset already rallied to two-month highs above $23,000 and is still maintaining a good portion of its bullish momentum. Despite this already impressive growth over the last few weeks, a crypto…
Is Litecoin (LTC) Expecting A Pullback Before Soaring Again?
The Litecoin price has shown bullish sentiment over the past week once it bounced off the $81 resistance zone. Over the last 24 hours, the altcoin jumped by 2%, and in the past week, the LTC price gained close to 6%. As Bitcoin continues to trot…
Ethereum Staking Reaches $16.16 million ETH Ahead of Shanghai Upgrade
According to Glassnode on-chain data, Ethereum staking has reached an all-time high of 16.16 million ETH worth $26.41 million, which has been deposited into the beacon chain. In other words, 16.101 million ETH have been staked on the Ethereum proof…
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