LUNC Sheds 13% Of Its Value – A Further Retreat In The Offing?
Terra Luna Classic (LUNC) finds itself grappling with a significant setback as its price takes a sharp dive. Within the span of just 24 hours, the coin experienced a 13% decline in value. The swift sell-off, which began on August 16, triggered a…
Post-Hack Shenanigans: Curve (CRV) To Launch On TRON Following $2 Million Investment
Curve Finance, a decentralized liquidity pool for stableswap and stablecoin trading, has disclosed a strategic partnership that will see the decentralized exchange (DEX) launch on the TRON network. Curve Set To Launch On Tron And BTTC Networks…
The Dogecoin price is down around 5% in the last day following the general market crash. The meme coin which had seen improved sentiment did a quick 180 and started to bleed. However, while the Dogecoin price could only be following Bitcoin’s…
Will Bitcoin Volatility Continue? These Metrics Say Yes
Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remained High As explained by an analyst in a…
Bitcoin Faces A Weekly Double Top; This Needs To Happen
In a recent analysis of the Bitcoin price, seasoned crypto analyst Rekt Capital discussed the looming presence of a potential double top formation on the weekly chart. The scenario paints a picture of impending volatility, with both bullish and…
PayPal And The Crypto Conundrum: Understanding The UK Sales Suspension
PayPal has announced a temporary suspension of cryptocurrency sales within the United Kingdom for a minimum of three months, commencing on October 1. This decision is in direct response to the recent regulatory reforms introduced by the Financial…
Buying The Dip? Shiba Inu Whale Activity Surges As Price Declines Nearly 10%
Shiba Inu (SHIB), a dog-inspired meme coin, originally dismissed by many as just another fleeting fad, is now drawing serious attention from big players, or “whales,” in the crypto space. This attention comes amid the tokens’…
Ledger Users Can Now Buy Crypto Directly Using PayPal
PayPal has taken another step in its crypto mission following a team-up with hardware wallet provider Ledger. This time around, the payments giant is making it possible for users to purchase crypto directly without the need for extra verifications…
Bitcoin Plunges To $28,500, Will This Historical Support Hold Again?
Bitcoin has plunged toward the $28,500 mark during the past day, which happens to be quite near a historically significant support line. Bitcoin Is Now Near The Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post…
Dormant Bitcoin Wallet With 1,005 BTC Awakens, Sell Pressure Incoming?
An anonymous Bitcoin wallet holding 1,005 BTC recently woke up after 13 years of dormancy. This dormant wallet was one of the earliest Bitcoin wallets created, having received its first 1,000 BTC transaction in November 2010, just a little over a…
Riding The Storm: THORChain 50% Rally Shines As Top 100 Coins Falter
Within the dynamic cryptocurrency environment, THORChain (RUNE) has emerged as a notable altcoin, capturing the interest of investors who are actively pursuing methods to augment the diversification of their investment portfolios. In conjunction…
Bitcoin Sellers Out Of Ammo? BTC Price Hangs By A Thread At $28,500
The price of Bitcoin is finally on the move after weeks of being stuck in a tight trading range. The number one cryptocurrency by market cap stands at support with the potential for another re-test of the lows if bulls cannot push it higher. As of…
Crypto Payments Gain Ground In Canada As Confidence Grows
A recent study by the Bank of Canada (BoC) revealed that crypto ownership in the country had slowed over the past two years. However, recent sentiment from Coinbase’s Country Director for Canada, Lucas Matheson, suggests Canadians are slowly…
Polygon: New Partnership With Korean Telecom Giant Fails To Halt MATIC Slide
The Polygon (MATIC) price continues to fall. Even the recent positive news from Korea and the strong data from the NFT market cannot change this. Since the yearly high on February 13 at $1.56, the MATIC price has currently fallen 60% and is trading…
Cardano Holder Resilience Tested As ADA Fends Off Bearish Onslaught
Cardano is currently facing a stark contrast between its promising development trajectory and the significant losses incurred by ADA holders. Recent price analysis has revealed that the losses are nearing an astonishing 90%, sending waves of…
Fantom DEX SpiritSwap On The Verge Of Shutdown? Here’s What Has Changed
SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer be shutting down its operations in September after it received a takeover offer from Power, another Fantom-based DeFi protocol. The proposed shutdown was a result of cross-chain…
Shiba Inu (SHIB) Dips By 7% Following Shibarium Launch
Shibarium, an Ethereum layer 2 solution, can be termed one of the most-hyped crypto projects of 2023, expected to introduce a higher network speed and lower transaction costs to the Shiba Inu ecosystem. After months of beta testing, Shiba Inu…
Dogecoin Price (DOGE) Poised for Continued Weakness Below $0.07
Dogecoin is down over 10% and trading below the $0.070 resistance against the US Dollar. DOGE could extend losses if there is a move below $0.065. DOGE is currently trading in a bearish zone below $0.072 against the US dollar. The price is trading…
Ethereum Price Takes a Bit Hit: Main Reasons $1,720 or $1,650 Are Likely Targets
Ethereum price is showing bearish signs below the $1,840 zone against the US Dollar. ETH could drop further toward the $1,720 support zone. Ethereum is gaining bearish momentum below the $1,850 and $1,840 resistance levels. The price is trading…
Bitcoin Price Plunges Again And Now Vulnerable To More Losses
Bitcoin price gained bearish momentum below the $29,000 support. BTC tested $28,400 and now at risk of more losses below $28,200. Bitcoin is trading with a bearish angle below the $29,250 resistance zone. The price is trading below $29,000 and the…
Stellar Breaks Free: Unleashes New Open-Source Disbursement Platform
Blockchain-based payment network Stellar has introduced the open-source “Stellar Disbursement Platform,” aimed at facilitating faster, cost-effective, and transparent digital disbursements worldwide. Developed by the Stellar Development Foundation
Early Signs Of Life: Why Bitcoin Is Likely To Move Away From $30,000 Soon
The Bitcoin price action has been stuck in a tight range for weeks leading to the lowest volatility levels in years. A recent report hints at a potential breakout from the current range, but which side will be favorable by the potential spike in…
Valkyrie Rockets Into Action: Files For ETH Futures ETF With SEC
Asset management firm Valkyrie has taken a significant step by filing for an Ether or Ethereum (ETH) futures exchange-traded fund (ETF) called “Valkyrie Ethereum Strategy ETF” with the United States Securities and Exchange Commission (SEC). …
Can Ethereum Price Cross $2,000 Before The End Of August?
The Ethereum price has been on a rather disappointing run for investors over the last month and this decline has seen it fall to the low $1,800s. As the onslaught continues, the question now is will Ethereum be able to cross the $2,000 resistance…
SEC Approval Could Propel Bitcoin To New Heights: Analyst Forecasts $150,000 Clearing Price
In a recent interview, Tom Lee, CNBC’s head of research, shared his insights on the potential impact of a Spot Bitcoin exchange-traded fund (ETF) approval by the Securities and Exchange Commission (SEC) on the price of the largest cryptocurrency in…
Toncoin (TON) Investors Load Up Their Bags As Majority Of Cryptos Nosedive
Toncoin (TON) has showcased healthy market status since the end of last week. According to historical data from TradingView, it witnessed a consecutive bullish trajectory from August 11, 2023, until today, August 16. The upward movement drew the…
Are Bitcoin Whales Selling? This Metric May Suggest So
On-chain data shows the Bitcoin exchange whale ratio has spiked, a sign that the whales may be selling now. Bitcoin Exchange Whale Ratio Has Gone Up In Recent Days An analyst in a CryptoQuant post explained that the whale inflows have been higher…
Shiba Inu DAO Gets Serious With New Advisory And Investment Firm
Shiba Inu, an Ethereum-based cryptocurrency, is bolstering its commitment to driving its ambitious goals in the crypto industry by appointing a new tech advisor. The move will see Alpha Transform Holdings (ATH) providing expertise and advice to the…
Executives Of Crypto-Friendly Bank Silvergate Step Down As Lawsuits, Liquidation Rages On
In a recent turn of events, multiple executives of the embattled California-based cryptocurrency bank Silvergate Capital have announced that they will be stepping away from their roles at the bank. The announcement comes as the bank remains deep in…
Bitcoin & Top Assets See High Loss Taking, Is This Bullish?
On-chain data shows Bitcoin and the other top assets are observing a high amount of loss-taking currently. Here’s what this could mean. Investors Of Bitcoin & Other Top Coins Are Capitulating Currently According to data from the on-chain…
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