Shiba Inu (SHIB) Burn Rate Skyrockets Nearly 70,000%: Will This Trigger A Long-Awaited Price Explosion?
In an unexpected turn of events, the Shiba Inu (SHIB) burn rate has witnessed an ‘astronomical’ increase, propelling the metric by over 68,000% within 24 hours. This surge, captured by Shibburn, a platform dedicated to tracking SHIB…
Litecoin In Uphill Battle: Strong Resistance Might Block Recovery
On-chain data suggests Litecoin potentially has a major amount of resistance waiting just ahead, making a recovery more difficult for LTC’s price. Litecoin Has A Large Supply Wall Waiting At Levels Just Ahead As pointed out by X user Trader…
Crypto Analyst Predicts XRP Price Will Rally 50,000% To $250, Here’s When
Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that the crypto token’s price could rise to three figures. The analyst also outlined when this price target will be attained. XRP Will Hit $250…
Whale Deposits $21 Million In DeFi Tokens To Binance, Was It Justin Sun?
In the early hours of Monday, a dormant whale moved $21 million worth of 4 DeFi tokens to the crypto exchange Binance. The news received mixed reactions from the community, which worries about an incoming dump amid the recent retrace of the crypto…
Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?
Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange…
Crypto Analyst Predicts 800% Rally To $6,000 For BNB, Here’s The Timeline
BNB has been one of the best performers coming out of the long and drawn-out bear market of 2022. Even now, the altcoin continues to show a lot of strength, suggesting that its run is far from over. According to one crypto analyst, this expected…
Last Chance: Market Expert Reveals Why Now Is The Perfect Time To Invest In These 5 Altcoins
Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins. As the largest cryptocurrency on the market, Bitcoin (BTC)…
Bitcoin Could See Next Top At $89,200, Crypto Analyst Suggests
According to this on-chain indicator, an analyst explained how the next potential local top for Bitcoin could be $89,200. Bitcoin CVDD “Assessing Tops” Metric Could Suggest Next Potential Top In a new post on X, analyst Ali Martinez has…
Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know
The Arbitrum Foundation, a Decentralized Autonomous Organization (DAO) tasked with developing and nurturing the Arbitrum ecosystem, has approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. The organization…
Why XRP Could Hit $7.5 Sooner Than You Think: Expert Insights Unveiled
The digital currency XRP, one of the major altcoins in the crypto market, is currently showing signs that may excite investors and traders. Recent analyses indicate the potential for significant price movement. According to Egrag Crypto, a…
Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?
Looking at the formation in the daily chart, there is no relief for Bitcoin at spot rates. Following the flash crash on June 6, prices reversed sharply from the $72,000 level, further highlighting the significance of the liquidation level. In the…
Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery
The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish…
Solana Searching For Direction: Will SOL Break Free Or Fall Flat?
Solana (SOL) finds itself stuck in neutral. Once a frontrunner in the 2023 crypto bull run, SOL’s price has been range-bound between $155 and $170 for the past few days, leaving investors cautiously optimistic but undeniably perplexed…
Shiba Inu Price Could Skyrocket By 1,100%, Predicts Analyst
In an analysis, Moataz “Eljaboom” Elsayed, a crypto analyst and Forbes 40 under 40 nominee, has forecasted a significant surge in the value of Shiba Inu (SHIB). According to Elsayed, the meme-based cryptocurrency is poised for a…
Notcoin (NOT), a relatively new entrant in the cryptocurrency market, has recently formed a falling wedge pattern on its price chart. This technical formation is characterized by converging trendlines that slope downwards, signaling a potential…
Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation
Bitcoin (BTC) seems poised for a major breakout, if prominent analysts are to be believed. The world’s most popular cryptocurrency has been stuck in a consolidation phase for a record-breaking 87 days, but experts say this slumbering giant…
Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide
In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary…
Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook
Bitcoin (BTC) finds itself in a curious position, caught in a tug-of-war between the bullish conviction of whales (large investors) and the jittery hands of short-term holders. The world’s top cryptocurrency recently surged to within a…
Tron Price (TRX) Surges Ahead: Leading the Altcoins Pack
Tron price is gaining pace above the $0.1150 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1180. Tron is moving higher above the $0.1150 resistance level against the US dollar. The price is trading…
XRP Price Rebound in Jeopardy: Recovery May Falter
XRP price declined heavily from the $0.5250 resistance zone. It tested the $0.4540 support zone and is now attempting to recover above $0.4880. XRP is correcting losses above the $0.4820 and $0.4840 levels. The price is now trading below $0.5050…
Ethereum price declined heavily and tested the $3,580 support zone. ETH is now recovering and faces many hurdles near the $3,740 zone. Ethereum started a recovery wave and climbed above the $3,660 resistance. The price is trading below $3,750 and…
Bitcoin Price Resurgence: Ready for Another Upswing?
Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave. The price is trading below $70,000…
Litecoin Sees Massive 75% Surge In Major Metric – Can This Trigger A Rally To $200?
Daily active addresses on the Litecoin blockchain have seen a drastic uptick despite days of uninteresting price action. The substantial rise in active Litecoin addresses and overall interest suggests a price rally could be on the horizon…
Scalpers Rejoice! Top Analyst Predicts Chainlink (LINK) Short-Term Surge
The Chainlink (LINK) market is abuzz with chatter after a popular cryptocurrency analyst issued a bearish forecast. In a recent analysis, CryptoWzrd predicted a continued downward trend for LINK in the coming days, but also hinted at a potential…
Friend.tech To Exit Coinbase L2 Base, Announces Migration To New Blockchain
The decentralized social network Friend.tech has unveiled plans to move from Coinbase’s Layer 2 blockchain Base to its proprietary network, Friendchain. This development will come as part of the platform’s collaboration with Conduit, a crypto…
Liquidation Alert As High-Risk Loans On Aave Reach $1 Billion – Details
According to a report by data analytics company IntoTheBlock, the volume of high-risk loans on the prominent Aave Protocol is reaching high levels as general loan volume in the DeFi space records multi-year highs. This development is believed to…
Dogecoin Price Prediction: Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
Crypto analyst Javon Marks has made an ultra-bullish prediction for the Dogecoin price in this bull run. The analyst claims that the foremost meme coin could attain such ambitious heights based on its performance in previous market cycles. Dogecoin…
Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is…
Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
Ripple has again raised concerns in the XRP community following its recent XRP sale. This comes amid XRP’s unimpressive price action, which continues to paint a bearish outlook for the crypto token. Ripple Sells 150 Million Tokens On-chain data…
Litecoin Overtakes Ethereum In This Metric – What’s Happening?
The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by…
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