Shiba Inu Price Crash Persists Despite Trillions Of SHIB Tokens Being Bought Up
Shiba Inu [SHIB] is facing a significant price drop despite trillions of the meme coins being purchased. However, this amount of purchase can’t seem to stop its price crash. What could be causing this downward trend, and will it continue in…
Bitcoin To Drop Further? Whales Show Signs Of Dumping
On-chain data shows the Bitcoin exchange whale ratio has spiked recently, something that could lead to further downside in the asset’s value. Bitcoin Exchange Whale Ratio Has Sharply Surged Recently As pointed out by an analyst in a…
Litecoin (LTC) Price Falls After Bulls Fail To Maintain Momentum
Litecoin is shedding its gains in the market today as the bears take control of its price. At press time, its trading volume is down by over 15%, with a price decrease of 2.80% in the last 24 hours. Such a decline comes after major crypto assets…
ChatGPT Creator’s Latest Project: World Coin Launches Crypto Wallet
Sam Altman, the creator of ChatGPT, attracted attention from the crypto industry in 2021 by reviving a token founded in 2013, World Coin. The project has been progressing slowly, but today will launch a new tool designed for the “AI Age.” Per a…
Binance To Activate Bitcoin Lightning Network Withdrawals
After suspending Bitcoin withdrawals multiple times in the past 24 hours, the world’s largest crypto exchange announced plans to create a lasting solution. The firm now plans to include the Bitcoin lightning network for BTC transactions. The only…
The Bird is the Word: Why Larry is the Next Meme Coin Set to Fly
The world of cryptocurrency is constantly evolving, and the latest craze to take the market by storm is the rise of meme coins. These coins are based on popular memes or internet culture, and they have gained a massive following in recent months…
PEPE, WOJAK, TURBO Take A Nosedive As Meme Coin Euphoria Dies Down
The meme coin euphoria last week grew to levels not seen since the bull run of 2021. This renewed love for this asset class saw the likes of PEPE, WOJAK, and TURBO record impressive growth in just a short period with PEPE crossing the $1 billion…
How Long Will Dogecoin Remain Sideways As Sellers Threaten Bearish Breakout?
The sideways structure of Dogecoin continues to hold steady, but the looming threat of a bearish breakout is causing concern for investors. As sellers maintain the upper hand, many are left wondering if the popular cryptocurrency will be able to…
Bitcoin Block 788695: The Day Transaction Fees Took The Crown
Bitcoin, the largest cryptocurrency by market capitalization and trading volume, sets another record with Block 788695 as transactions on its blockchain network spiral out of control. Recently, there has been an alarming rise in user transactions…
The bullish activity in the market has been on the decline due to external factors that have negatively impacted investor sentiment, especially Shiba Inu. Specifically, the crypto market has suffered a significant setback following the US Federal…
Why Is Bitcoin Down Today? Crypto Market Takes Another Hit
The Bitcoin price lost 4.2% over the past weekend and slid again to $28,000. The broader crypto market is also consistently in the red. The second largest cryptocurrency by market cap, Ethereum, is down 6% since Friday. Why Are Bitcoin And Crypto…
PEPE Whale Transfers 4.23 Trillion Coins To Binance – Will Price Tank?
A crypto whale moved about 4.23 trillion PEPE coins worth $15.6 million to the Binance exchange. Though the meme coin has recently seen a massive price rally, could this be the start of a crash? The blockchain data provider, Lookonchian, captured…
Dogecoin Price Prediction: Doge Hits Bearish Circuit and Could Drop To $0.07
Dogecoin started a fresh decline from $0.0820 against the US Dollar. DOGE is declining and might drop toward the $0.065 support zone. DOGE failed to clear $0.0820 and started a fresh decline against the US dollar. The price is trading below the…
Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Losses
Ethereum price started a fresh decline below the $1,920 level against the US Dollar. ETH could extend losses if there is a clear move below the $1,840 support. Ethereum is moving lower from the $1,940 resistance zone. The price is trading below…
If Over 2,300 Banks In America Are Bankrupt, Will Bitcoin Break Above $40,000?
The United States banking system is in trouble as over 2,300 financial institutions could have more liabilities than assets, recent analysis reveals. Subsequently, analysts say this could boost Bitcoin prices in the weeks and months ahead if the…
Bitcoin Price Faces Another Rejection, Risk of Renewed Downtrend Increases
Bitcoin price failed to clear the $30,000 resistance. BTC is declining and remains at risk of a move toward the $27,200 support zone. Bitcoin is moving lower from the $29,750 resistance zone. The price is trading below $28,800 and the 100 hourly…
Recently, the Terra Classic ecosystem has been in the spotlight due to its developmental efforts, with the testnet upgrade to version 2.0.0 being the latest advancement. Contrary to general expectations, this recent improvement hasn’t…
Lido DAO Records Biggest Network Transaction In 2 Years – Santiment
DeFi staking protocol Lido DAO (LDO) has just experienced its largest network transaction in two years, according to a report by Santiment. The popular on-chain analytics firm states that on May 5, $135 million worth of LDO tokens were transferred…
Crypto Firms’ Plans To Leave The US Speak Imminent Doom, Says Tim Draper
The United States is gradually becoming too hot for crypto firms to operate due to unclear and stringent regulatory approaches. For instance, a recent development that sparked an outcry was the proposal to impose a 30% excise tax on crypto-mining…
Bitcoin Struggles To Break $30,000 Resistance Level: Here’s Why
The cryptocurrency market has been trading sideways in recent weeks, with the leading token, Bitcoin, following a similar pattern. Despite numerous attempts in April, Bitcoin has struggled to break the $31,000 mark. The price is blocked by its…
Coinbase Might Soon Offer Banking-Like Services, Claims Ripple Board Member
The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it. As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it…
Despite a massive Cardano whale accumulation, ADA, its native currency, remains bearish, prompting questions about the strength of the underlying fundamentals and whether the leg up of Q1 2023 is over. ADA’s volatility has been dropping in…
Vitalik Buterin And Ethereum Foundation Selling ETH – Will Prices Fall?
Ethereum supporters are confident that prices will break the $2,000 level. However, recent moves by its founder, Vitalik Buterin, and the Ethereum Foundation, the team managing the smart contracting platform, raises concerns, especially from coin…
Upcoming Ethereum Upgrade To Reduce Fees – Details
The second largest crypto blockchain Ethereum is preparing for a new upgrade that will reduce transaction fees on the network. The upgrade tagged “Dencun” will also introduce more use cases for Ethereum. Notably, Ethereum Foundation made the…
Dogecoin (DOGE) Stuck In Bearish Trend – When Will It Get Out?
The Dogecoin market saw a significant drop in price on May 4 to a low of $0.077 but eventually increased by 5.19% the next day. Despite the bear’s pressure, Dogecoin bulls are struggling to regain positive market sentiment. Notably, the…
Polygon Bears Gain Ground As MATIC Continues To Retreat
Polygon (MATIC) is slightly shedding its gains today as the bears aim to seize control of its price. Despite the price fluctuations, its trading volume is up by 16%, indicating growing interest from traders. Polygon has dropped below the $1 mark…
UMA Token Surges By 28% Despite General Bearish Trend
UMA (UMA) has registered an impressive 28.7% gain in the last seven days, according to data by CoinMarketCap. In a week marked by market losses and little gains, the DeFi token showed much resilience to emerge as one of the biggest weekly gainers. …
We’re officially in the meme coin season as Floki Inu becomes the latest meme-based token to experience a significant price pump. The cryptocurrency inspired by Elon Musk’s Shiba Inu pup has long been considered as the next big memecoin and it…
Ethereum (ETH) Booming Deposits: Insights On Potential Price Outcome
Ethereum (ETH) has experienced a series of corrections in the last few weeks, following a rally over the past few months. According to a recent report by Santiment, investors are actively depositing ETH to various crypto exchanges, and this…
New York Attorney General Proposes New Crypto Regulatory Act
New York Attorney General (AG) Letitia James has proposed a new state bill to regulate the cryptocurrency industry further, as she believes the space is enduring “rampant fraud and dysfunction”. This new set of crypto regulations would impose…
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