Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH
Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius, a bankrupt crypto lender. Reports from on-chain analyst Lookonchain indicate that Celsius initiated the transfer…
Hedera (HBAR) Shines: Record-Breaking 164 Million Daily Transactions, Market Cap Reaches $2.9 Billion
Hedera (HBAR), the open-source Proof-of-Stake (PoS) blockchain network, has made significant strides in the fourth quarter (Q4) of 2023, according to a recent report by Messari. The network’s performance showcased notable growth in key…
Binance Smart Chain (BSC) Market Cap Hits New Milestone, Registering 48% QoQ Surge
Binance Smart Chain (BSC) has demonstrated notable growth in key metrics during the fourth quarter (Q4) of 2023, as highlighted in a comprehensive report by Messari. As the third-largest Layer-1 protocol by market capitalization, BSC experienced…
Bitcoin Crash Ahead: Expert Predicts Testing $20K Before Rebound
Bitcoin, the largest cryptocurrency in the market, experienced a price recovery on Friday; however, industry experts anticipate a further test of sub-$30,000 levels in the near term. The prolonged downtrend observed over the past fourteen days…
Ripple CTO Explains How AMM Feature Will Enable XRP Holders To Earn Passive Income
The decentralized open-source blockchain, XRP Ledger, is set to introduce more innovative solutions to XRP holders through its new Automated Market Maker (AMM) feature. The XRP community is currently buzzing with excitement as the Chief Technology…
Analyst Predicts Bitcoin to Hit $250,000 Before Halving
In a post shared on X on January 26, crypto analyst BitQuant forecasts that Bitcoin (BTC) will recover from the current downtrend and surge past its all-time high of $69,000 to over $250,000 before the upcoming Bitcoin halving in April. Bitcoin To…
Could Bitcoin Ever Skyrocket To $10 Million? Possible, But Based On This Condition
Peter Schiff, a well-known critic of Bitcoin, recently engaged in a thought-provoking discussion about Bitcoin’s value relative to gold. Despite his longstanding skepticism, Schiff has presented a scenario where Bitcoin could reach roughly $10…
Prepare For Impact: US Government Will Dump $130 Million Worth Of Bitcoin
The US government has revealed its plans to offload a significant portion of its Bitcoin (BTC) holdings. This move has raised concerns in the crypto community, considering how much selling pressure this could add to what the crypto market is…
Bitcoin Capitulation: Holders Flee BTC As Post-ETF Disappointment Hits
On-chain data shows that Bitcoin investors have been clearing out their wallets recently as the asset continues to be disappointing in this post-ETF era. Bitcoin Small Wallets Have Been Displaying Signs Of Capitulation According to data from the…
Algorand CEO’s X Account Hacked, Is Justin Sun Involved?
On Thursday night, Algorand CEO Staci Warden’s X Account (formerly known as Twitter) was compromised. Since then, the crypto community and the hacker have been having a back-and-forth conversation. Justin Sun Will Boost Algorand To “New…
Is Chainlink (LINK) Ready To Soar? Key Indicators To Monitor
Among the 20 most important cryptocurrencies by market capitalization, Chainlink (LINK) is currently recording the second-highest loss of -10.4 % in the last seven days. This puts it just behind Ethereum, which recorded a slightly sharper decline…
Report Shows Polygon Users Rivaled Ethereum In 2023, But Why Has Price Failed To Clear $1?
Layer-2 network Polygon is reported to have competed with Ethereum in 2023, as both networks saw the most influx of new users. This development has once again raised concerns about MATIC’s price, considering that such an achievement should…
XRP Breakout: Analyst Forecasts Potential Price Surge To $11
Amid the general decline surrounding the entire cryptocurrency market, XRP has been observed as one of the most affected tokens, with its price falling as low as $0.51 at a swift rate. Potential Price Surge For XRP The price of XRP has been…
Bitcoin Price: Head Fund Manager Predicts ‘Opportunity Of The Year’ Soon
Charles Edwards, the founder of hedge fund Capriole Investments, offered an in-depth analysis of the Bitcoin market yesterday. His review offers a granular perspective on the aftermath of the historic ETF launches, the pivotal role of major players…
Shiba Inu On Fire: Over 12 Million SHIB Vaporized – Impact On Price
The Shiba Inu meme coin community is currently abuzz with a palpable sense of excitement, courtesy of two key developments: a surge in token burning and promising advancements in the Shibarium layer-2 solution. While the cryptocurrency market is…
Ethereum’s Path To Recovery: Analyst Highlights 3 Key Factors Pointing To A Price Boom
Michael van de Poppe, a prominent crypto analyst, recently outlined three key factors that could herald a bullish phase for Ethereum, the second-largest crypto by market capitalization. One crucial factor he identifies is Bitcoin’s current…
XRP Price Takes Hit, Can Buyers Save The Key $0.50 Support?
XRP price is consolidating above the $0.50 support. The price could gain bearish momentum if there is a close below the $0.50 support. XRP is showing bearish signs below the $0.525 and $0.550 resistance levels. The price is now trading below $0.525…
Ethereum Price Could See Technical Correction But Upsides Might Be Limited
Ethereum price is attempting a recovery wave above the $2,200 zone. ETH could start a decent increase if it settles above the $2,240 resistance. Ethereum started an upside correction from the $2,165 zone. The price is trading below $2,250 and the…
Bank Of England Reconsiders: Potential Freeze On CBDC Launch Raises Concerns
On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February of 2023. The consultation paper sought the public’s feedback on introducing a UK central bank…
Bitcoin Price Eyes Recovery But Can BTC Bulls Regain Strength?
Bitcoin price is aiming for an upside break above the $40,500 resistance. BTC bulls could face heavy resistance near $40,850 and $41,350. Bitcoin price is attempting a recovery wave from the $38,500 support zone. The price is trading just above…
Why Cardano Could Be The Next Big Crypto Winner: An Influencer’s Perspective
In a recent video from the crypto-based YouTube channel Cheeky Crypto, the host underscores Cardano’s (ADA) approach, which separates it from its contenders, particularly its reliance on “academic rigor” and “research-driven…
Q4 Triumph For Fantom (FTM): Circulating Market Cap Outpaces All Cryptos With 140% Surge
In the fourth quarter of 2023, the cryptocurrency market experienced a notable resurgence, accompanied by the anticipation of a potential Bitcoin ETF approval. Among the standout performers during this period was Fantom (FTM), a Layer-1 protocol…
Analyst Thinks Ethereum Will Explode To $15,000, Cites Favorable Technical Formation
A crypto analyst, Elja on X, predicts that Ethereum (ETH) will reach a staggering $15,000 by 2025 based on technical analysis. The analyst argues that the current bearish sentiment in the crypto market is “temporary.” Moreover, Elja…
Rising Stars: Report Highlights 5 Solana Projects Set For Success In 2024
Solana has been on a downward trend over the past week, following a surge from multi-year low levels. The token suffered when its biggest promoter, crypto exchange FTX, fell, but the ecosystem continued to thrive, leading to the high timeframe…
Cardano Defies Bear Market As Smart Contracts Count Sees 10,000 Explosion
The Cardano network continues to defy expectations and prove its doubters wrong. This time, the network has hit a new milestone, which suggests that users are indeed taking advantage of its smart contract functionality. Cardano Sees Significant…
$130M Silk Road Bitcoin Stash To Be Sold By US Government
Since mid-January Bitcoin (BTC) has been facing mounting selling pressure from various market players. This includes asset manager Grayscale, bankrupt crypto exchange FTX, and now, the US government, which is set to auction off a substantial amount…
Bitcoin Top: This Is When Bull Run Will Peak According To Past Pattern
An analyst has explained when the next Bitcoin bull run peak might appear, if the same pattern as in previous cycles repeats this time as well. This Is What Previous Bitcoin Cycles Suggest Regarding Bull Run Top In a new post on X, analyst Ali has…
Bitcoin Attracts Millions In Chinese Capital Despite Ban: Report
Chinese investors remain resolute in their pursuit of Bitcoin, despite the government’s ban since 2021. Bitcoin continues to attract substantial investment from Chinese capital, as Reuters reports today. Mainland China Is Still Buying Bitcoin…
In a landmark move, Telefonica, the world’s 27th largest telecom, has partnered with Nova Labs to roll out Helium mobile hotspots in Mexico. This initiative aims to address the persistent issue of limited internet access in underserved…
Bitcoin Bearish Outlook: Analyst Predicts Price Nosedive To $38,130
The price of Bitcoin has been on a bearish trend for the past few days now, which has led to several crypto analysts predicting an even more bearish action for the crypto asset in the near future. Bitcoin Price To Crash To $38,130 Ali Martinez, a…
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