MakerDAO, the decentralized finance (DeFi) project behind the popular stablecoin DAI, has announced a major update called “Endgame.” Endgame is designed to enhance efficiency, resilience, and participation by applying fine-tuned AI tools to open…
Bitcoin Plunges Below $27,000, Which Holder Groups Are Selling?
Bitcoin has plunged below the $27,000 mark during the past day. Here are the market segments that are possibly participating in this selloff. These Bitcoin Investors Have Been Spending Their Coins Recently In a new tweet, the on-chain analytics…
Is This The Perfect Time To Buy Bitcoin? TD Sequential And RSI Suggests So
Bitcoin (BTC) investors have been closely monitoring the cryptocurrency market in recent days due to Bitcoin’s significant drop in price. The market’s largest cryptocurrency has shown a downtrend in its price action and has lost its key…
Cardano (ADA) Bounces Back From The Red Zone, Will It Continue Minting Gains?
Cardano is gaining slightly today as the bulls seek to rally out of the bearish zone. Its trading volume is down by over 15%, but its price has entered a consolidation phase. ADA is trading above its 7-day low of $0.3512, implying that a return to…
Is Pepe Coin Ready For Another Pump? Here’s What On-Chain Data Says
Here’s what the different on-chain indicators from Santiment have to say about whether Pepe Coin could see another pump soon or not. The Memecoin’s On-Chain Metrics Have Been Down Since The Top PEPE has been one of the hottest topics…
Key Support Levels To Monitor As Ethereum Price Slows Down
The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. The coin’s value…
Total Liquidation Surpasses $140 Million As Bitcoin (BTC) Continues Downtrend
The crypto market experienced a significant downturn over the past 24 hours, leading to a total liquidation of over $140 million as Bitcoin (BTC) continues its downtrend. According to data from Coinglass, a record of approximately 57,585 traders…
Lisk Foundation To Convert 1,000 Bitcoin To ETH, Reason To Worry?
Max Kordek, the co-founder and CEO of Lisk recently announced via Twitter that the Lisk Foundation will convert 1,000 Bitcoin (BTC) to Ethereum (ETH) in the next 10 weeks, which will be held as part of the foundation’s long-term treasury. As…
Does The Bitcoin Price Dump Signal The Start Of Another Bear Market?
The last two days have been especially rocky for the Bitcoin price as it has fluctuated heavily between trying for a recovery and then crashing even further. As a result of this, the price of the digital asset has revisited the $26,000 level once…
Ethereum Loses Grip On $1,800: Will The Bulls Barge In To Save The Day?
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been experiencing a period of volatility in recent days. After hitting the $2,000 mark last month, the price of Ethereum has dropped sharply, falling…
SHIB Holders, Get Ready: Latest Shiba Inu Update Could Be A Game Changer
Shiba Inu (SHIB) experienced a decline in social dominance over the past week, indicating a decrease in popularity for the meme coin. Despite being oversold based on its Relative Strength Index (RSI), other indicators were bearish, suggesting a…
Ethereum Bears Hesitate But Further Downsides Seem Likely
Ethereum price is moving lower below the $1,800 support against the US Dollar. ETH could accelerate lower toward the $1,650 support in the near term. Ethereum is currently moving lower from the $1,850 resistance zone. The price is trading below…
Bitcoin price continues to fall, dragging the broader crypto market down with it. BTC is down 4.52% in the last 24 hours, while ETH is down 4.10%. With a current price of $26,289, Bitcoin records its lowest value since March 14 this year, when the…
Bitcoin Price Technical Breakdown Could Take BTC Toward $25K
Bitcoin price is moving lower below the $28,000 level. BTC is at risk of a downside break toward the $25,000 support in the near term. Bitcoin struggled to recover above the $27,500 and $27,800 resistance levels. The price is trading below $27,500…
Justin Sun Will Now Publicly Trade Meme Coins Like PEPE, Best Time To Copy Trade Him?
Justin Sun, the vocal crypto supporter and co-founder of Tron and chief executive officer (CEO) of BitTorrent, says he will begin actively trading meme coins like PEPE. Justin Sun Eying Meme Coins In a tweet on May 11, Sun, known for being a…
Crypto Nightmare: OFAC To Allegedly Place Milady Wallet Owners On Blacklist
The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, is based on an anime avatar non-fungible token…
Elon Musk Stepping Down as Twitter CEO, Will This Be The End of Dogecoin?
Elon Musk, the owner of Twitter and a big supporter of Dogecoin, the original meme coin, is stepping down as the CEO of the social media platform to focus on product development. He will act as the chief technology officer (CTO) of Twitter. Elon…
Cardano May Sink To This Level As Bears Keep Gaining Leverage
Over the past few days, the price of Cardano has been in a downward trend. This has led to the strengthening of bearish sentiment. In the last 24 hours, ADA experienced a dip of approximately 4.2%. Over the past week, the altcoin depreciated by…
Winner Takes All: Bitcoin And DXY Compete For Global Financial Dominance
Bitcoin (BTC) and the U.S. Dollar Index (DXY) have been battling for supremacy in the financial world, with both assets vying for dominance in a zero-sum game. The recent volatility seen in the markets is a testament to the intensity of this…
Bitcoin, the largest cryptocurrency by market capitalization, has shown significant weakness in today’s trading session after failing to continue on its instant price rally following yesterday’s release of the April CPI report at 4.9%…
BONE Token Dominates India Exchange Poll, Outshining Rivals Like PEPE And FLOKI
The Shiba Inu’s governance token, Bone ShibaSwap (BONE), will grab a new and prominent listing in India. BONE overtook PEPE and FLOKI, rising to the top in an exchange poll for the next crypto listing. Unocoin Poll Sees BONE At The Top A crypto…
IRS Asserts First Dibs On FTX Bankruptcy Payout To Recover $44 Billion In Taxes
The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its…
Uniswap (UNI) Surges After A Bumpy Ride, Is Bearish Run Over?
Uniswap (UNI) has been experiencing downward movement due to general market sentiment. The downtrend started on April 19, dropping from $6 to $5. However, the price rises gradually, indicating that the bulls are building momentum. This slight…
Bitcoin Rebounds From $27,100 After Spike In Bearish Sentiment
Data shows the Bitcoin sentiment had turned quite bearish just before the asset’s price had rebounded up from the $27,100 level. Bitcoin Recovers Shortly After FUD Takes Over Market According to data from the on-chain analytics firm…
Chiliz (CHZ) Price Nosedives Indicating A Strong Bearish Sentiment
Chiliz(CHZ) is trading in the red today, down by over 4% in the last 24 hours. This trend broadly reflects the global crypto market cap, down by 0.57% in 24 hours. However, despite the price drop, Chiliz’s trading volume is up by 39% at…
SPONGE Lists On 2 Major Exchanges: Will It Beat Pepe’s Solid Price Performance?
SPONGE, the latest addition to the world of meme coins, has been making waves since its launch. With recent listings on popular cryptocurrency exchanges like Poloniex and MEXC, the Spongebob coin has attracted the attention of traders and investors…
XRP Holds Above Key Support As Ripple CEO Predicts Delay Of Verdict
XRP price has shown a strong reaction after the (fake) news of the alleged sale of 9,800 BTC by the US government and the subsequent sell-off across the crypto market, staying above the key support. However, XRP investors have yet another damper to…
2023 is set to be a fantastic year for players looking to gamble at Ethereum Casino sites. With the increasing popularity of cryptocurrency, many online casinos are now accepting ETH as a payment method, offering players the chance to enjoy a…
Whales Keep Buying Bitcoin, What They Might Know That You Don’t
The Bitcoin price took a major hit yesterday despite a positive surprise in the US Consumer Price Index (CPI), following a rumor that the US government sold 9,800 BTC related to Silk Road. Since then, the market has struggled to recover from the…
ADA Price (Cardano) Plunge To $0.32 On The Horizon As Bulls Show Weak Hands
Cardano’s price started a fresh decline from the $0.40 resistance. ADA could decline further if there is a clear move below the $0.35 support. ADA price is showing bearish signs and trading above $0.35 against the US dollar. The price is trading…
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