Did The US SEC Just Endorse Ethereum After This Settlement?
On May 30, the United States Securities and Exchange Commission (SEC) announced that Ishan Wahi, the former Coinbase product manager, and his brother, Nikhil Wahi, had agreed to settle charges brought forth by the regulator accusing them of…
XRP Breaks 2-Year Trendline: Is A 500x Surge On The Horizon?
XRP, one of the top cryptocurrencies by market capitalization, has been bullish since May 26th, outperforming most of the top 10 cryptocurrencies. This surge in price comes as investors have high expectations for the outcome of the ongoing SEC vs…
Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?
The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of…
Why This Is The Most Important Bitcoin Chart You’ll See This Week
Bitcoin price action is at an impasse. Bulls and bears are divided as to what happens next, leading to months of consolidation. It could all come down to the next few days, according to the most important BTCUSD price chart you’ll see this…
Trader Joe Goes All-In On Auto-Pools: Game-Changer For DeFi Investors?
Trader Joe, a Decentralized Exchange (DEX) on the Binance Smart Chain, is making waves in the Decentralized Finance (DeFi) world with its new Auto-Pools feature. According to the DeFi researcher Tindorr, this innovative solution offers a…
Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened?
RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates. RAY Prices Under Pressure According to CoinMarketCap data on…
Chainlink Bulls Must Overcome Key Hurdle For Potential 7% Rally
Chainlink Price has been attempting to reverse its recent losses over the past few weeks. Currently, Chainlink is trading under a crucial resistance mark which has caused the altcoin to face rejection. Over the last 24 hours, Chainlink has managed…
Is Bitcoin Poised For A Comeback To Higher Price Levels? Experts Weigh In
Bitcoin (BTC), the largest cryptocurrency by market cap, is currently showing signs of a new momentum refresh and the beginning of a newly formed bull run. Market analyst Justin Bennet accurately predicted this move, citing recent range highs and a…
Avalanche Price At Critical Support Level: What Direction Lies Ahead?
Despite the lingering bearish sentiment in the market, the Avalanche (AVAX) price has shown some upward movement. AVAX is hovering around a significant support line that has historically propelled its price in previous months. AVAX has experienced…
Fantom (FTM) Gas Incentive: The Secret Sauce To Reclaiming L1 Dominance
Fantom (FTM), a leading Layer 1 (L1) blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With the recent announcement of the…
Can This THORChain New Feature Push Back RUNE Bears?
THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023. It is a feature THORChain says will complete their THORFi ecosystem. However, amid this…
Rare Crypto Signal Emerges That Could Spark Another 2017-Style Boom
A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class on the map. With the signal now firing once…
Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs
A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s transaction surged to 10 million a few days after the…
Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean?
On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed…
NFT Market Update: Major Collections Suffer Price Slump in 2023
The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived…
Downside Threat: These Two Crypto At Risk Of Crash Due To Unlocks
The crypto market has shown signs of recovery over the last week, with top coins trending to the top of their range. However, the picture could turn red in the short term for some altcoins as unlocks season kick-off. As of this writing, Ethereum…
Shiba Inu Price Faces Dilemma As New Addresses Take Conflicting Positions
Shiba Inu (SHIB) finds itself amidst a contrasting scenario. Holders of the meme coin and newly emerging addresses are taking conflicting positions, leading to a state of uncertainty. Some long-standing holders remain steadfast in their belief in…
XRP Bullish Signal: Address Activity Spikes To Historical Levels
On-chain data shows the XRP active addresses metric has spiked to historical levels recently, a sign that may turn out to be bullish for the asset. XRP Daily Active Addresses Has Observed An Uplift Recently According to data from the on-chain…
Traders Act Fast As Binance Australia Unveils Bitcoin Discount For Limited Period
In an intriguing development for crypto traders, Binance Australia has introduced an exclusive Bitcoin discount, offering a unique opportunity for savvy investors. The platform’s recent announcement comes in the midst of a countdown to a…
Pepecoin Eyes Rebound As It Finds Support In Strong Algorithm Data Score
Pepecoin (PEPE) has recently experienced a significant development as it hits a crucial bullish order block (OB), raising hopes for a potential recovery opportunity. However, the ability to reverse the prevailing downtrend momentum is contingent…
XRP Price Prediction: Rally Gathers Pace, $0.55 Target In Sight
Ripple’s token price is rising above the $0.50 resistance against the US Dollar. XRP price might continue to rise toward the $0.525 and $0.550 resistance levels. Ripple’s token price started a fresh increase above the $0.480 resistance against the…
Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K
Ethereum price corrected gains from the $1,920 resistance against the US Dollar. ETH is currently supported and might soon aim for a move toward $2,000. Ethereum is currently eyeing a fresh increase above the $1,920 resistance zone. The price is…
Bitcoin Price Just Saw Technical Correction, Can Bulls Save The Day?
Bitcoin price is correcting gains from $28,400. BTC must stay above the $27,500 support to start a fresh increase in the near term. Bitcoin is correcting gains below the $28,000 support zone. The price is trading above $27,500 and the 100 hourly…
Here Are The Top 3 Chinese Coins To Buy As China Leads The Bull Run
As June 1 draws closer and the Hong Kong and Chinese investors look forward to legally trading cryptocurrencies once more, the market has already turned bullish. So far, Chinese coins have led the pack when it comes to gains, so here are three of…
Is Bitcoin Headed For $34,000? Large Buyer’s Purchase May Signal Yes
Bitcoin is finally seeing some green after trading at a loss over the past two weeks. The cryptocurrency continues to trade within a tight range, but activity in the options market could hint at a potential run toward new highs. As of this writing…
The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT
Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin…
Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead?
EOS Network, a popular open-source blockchain platform prioritizing high performance and security, has recently witnessed a sharp price decline. The asset exhibits bearish sentiment in the 30-Day timeframe. The EOS price is down by 14.19% in its…
Bitcoin Rally Hopes Still Alive, If This Metric Is To Go By
If the historical pattern in this on-chain indicator is anything to go by, hopes for the continuation of the Bitcoin rally may still be alive. Bitcoin SOPR Ratio Has Been Going Up In Recent Weeks As an analyst in a CryptoQuant post pointed out, the…
Get Rich Or Get Rugged? RUGME’s Unique Liquidity Mechanism Sparks Controversy
A new token has emerged in the cryptocurrency world, causing a stir among investors. Rug Me (RUGME) has a unique liquidity mechanism that is daring investors to try to “rug” the contract. According to the DeFi researcher Tsubasa, this high-stakes…
Bullish Run for Injective (INJ): Will the Momentum Continue?
The Injective (INJ) price has experienced an uptrend, resulting in price increases since yesterday, May 28. This trend indicates a positive sentiment among investors, with more buyers entering the market and increasing prices. Meanwhile, the…
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