PancakeSwap (CAKE) Plummets 24% Amidst Debate Over Reduced Staking Rewards
PancakeSwap (CAKE) token holders have been on a roller coaster ride as stakers brace for reduced rewards. The community is debating a change in the token’s economic model. Over the past week, governance token, CAKE, has suffered a continuous…
Solana Can Rally Over 20% If It Breaches This Level
Over the past few trading sessions, the Solana price has been lacking direction. It is currently showing a bearish trend. The daily chart indicates that SOL has lost almost 4% of its value. Over the past week, it has fallen by 5%, erasing most of…
Avalanche Remains Under Pressure Despite Circle’s CCTP Effort
The native currency of Avalanche, AVAX, remains under pressure despite Circle’s effort to launch a facility that will enable the direct transfer of USDC between Ethereum and Avalanche blockchains. Avalanche (AVAX) Is Down 18% From April 2023…
Filecoin Price Struggles To Move, Will It Surpass The $6 Barrier?
The 30th largest cryptocurrency Filecoin (FIL) has recorded an increase in its 24-hour trading volume. This recent trend has attracted investors and traders closely monitoring its price movement. However, the coin struggles to break through the…
Chainlink Pushes Above $7, Will The Short-Term Recovery Hold?
The price of Chainlink had been in a period of consolidation over the past few sessions. However, the bulls were recently able to break above an important resistance level. Despite this recent bullish action, the daily chart showed a 6%…
Bitcoin Accumulation: HODLers Are Buying 15,000 BTC Per Month
On-chain data shows the Bitcoin HODLers are currently displaying net accumulation behavior, as they grow their holdings by 15,000 BTC per month. Bitcoin Long-Term Holders Have Been Accumulating Recently According to data from the on-chain analytics…
Kaspa (KAS), Injective (INJ), and Render (RNDR) are bucking against the general crypto market trend after sustaining gains over the last day. This follows a bearish movement that occurred after Bitcoin reclaimed the $29,000 level. A flash crash…
The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency. Over the last 24 hours, the price of the popular meme coin witnessed a slight uptick of approximately 5%…
Ethereum Exchange Inflows Trigger Drop Below $2,080: Will It Slide Lower This Week?
Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses. According to recent data, this surge in Ethereum inflows is reminiscent of a similar…
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Polygon (MATIC) Keeps Going Down Despite Bullish News, Buy The Dip?
The Polygon (MATIC) price is currently at a crucial moment. Despite bullish news, MATIC has been in a downtrend since mid-February. After retesting the March 10 low yesterday, the price is at a turning point. According to data from on-chain data…
Bitcoin Flash Crash Triggered By Bogus Data? Here’s What Happened
Bitcoin (BTC) experienced a flash crash yesterday in which the price plummeted from $29,800 to as low as $27,243 in just 60 minutes. The reasons for this violent price movement, which has not been seen on the Bitcoin chart for a long time, has…
Render (RNDR): Biggest Gainer Among Top 100 Cryptos With A 22% Climb
Render (RNDR) is one of the biggest gaining coins this week. According to CoinGecko, the token is up 11% in the last 24 hours, and 22% in the last week. With Bitcoin and Ethereum experiencing a strong bullish sentiment, RNDR might experience a…
SOL Price Prediction: Solana Topside Bias Vulnerable Unless It Surges Past $23
Solana is struggling below the $23 resistance against the US Dollar. SOL price could decline again if there is a clear move below the $20 support. SOL price is showing bearish signs below the $23 barrier against the US Dollar. The price is now…
Ethereum Price Dips and Then Rips Higher, Bulls Still Aim $2K
Ethereum price saw swing moves from the $1,800 support against the US Dollar. ETH is again rising and might aim for a retest of the $2,000 resistance. Ethereum is showing a lot of strength above the $1,800 support zone. The price is trading above…
Bitcoin Price Saw Increase In Volatility, Here’s Why The Bulls Are Safe
Bitcoin price saw a couple of wild moves above the $28,500 pivot level. BTC is now rising and showing positive signs above the $28,800 level. Bitcoin climbed sharply and then nosedived to revisit the $27,250 support. The price is trading above…
Bitcoin Price Flash Crashes 6% In Under 60 Minutes, What Happened?
Bitcoin price was trading in the green today, up about $1,500 at the high. The top cryptocurrency by market cap also made another attempt at $30,000 around mid-day. Shortly thereafter, in the span of less than 60 minutes, BTCUSD flash crashed by…
This Highly Profitable Bitcoin Cross Has Just Formed Again
On-chain data shows that a Bitcoin cross that has proved quite profitable has once again formed for the cryptocurrency. Bitcoin Realized Price Of Short-Term Holders Overtakes Long-Term Holders As an analyst in a CryptoQuant post explained, the…
Bitcoin Bulls On Edge As Pivotal Level Sets Stage For Potential Price Surge Or Slump
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has experienced a volatile market over the past few days, with its price fluctuating between highs and lows. However, BTC has recently bounced back from a major trend…
Bitcoin (BTC) Could Be Warming Up For Another Rally, Here’s Why
While Bitcoin’s (BTC) price action since the beginning of the year has been impressive, surging by over 80% since January due to several factors, the asset has plummeted in recent weeks for other reason that include the continuous regulatory…
EOS Foundation Launches Upgrade As Crypto Market Rallies
In an exciting update, the EOS Foundation recently launched a major upgrade with innovative developments and solutions to its network ecosystem. The upgrade coincided with a market recovery today that saw the price rally of Bitcoin and some…
Bitcoin Bearish Signal: NVT Golden Cross Enters Overbought Zone
On-chain data shows the Bitcoin NVT Golden Cross has entered into the overbought region, something that could be bearish for the price. Bitcoin NVT Golden Cross Has Been Going Up Recently As pointed out by an analyst in a CryptoQuant post, the most…
Cardano ADA Trades Below The $0.41 Mark, Will It Break The Barriers?
Cardano (ADA) coin has captured the interest of investors and holders with its recent price drop below the $0.40 mark on April 25. This notable price dip left everyone wondering if Cardano (ADA) will break this barrier, which has proven significant…
XRP Trades Near Crucial Support Of $0.46, Will This Level Hold?
During the past week, the price of XRP has suffered significant losses due to a powerful selling wave. While the one-day chart reflects a 3% increase, the weekly chart shows a decline of over 12%. Buyers have faced resistance in the $0.45-$0.46…
Bitcoin Price Reclaims $29,800, Driven By These Factors
The Bitcoin price regained the $29,000 mark today for the first time since last Thursday. The decisive impulse was provided yesterday by the news that with First Republic Bank the next big bank in the US is about to be seized by the US Federal…
Chainlink Trends In The Green Zone, Will A Rally Follow?
Chainlink LINK is trading in the green today, up by over 4%, as the general market shakes off the bearish trend. It experienced a price drop from $8.8784 on April 18, 2023, to $7.7704 on April 19, and its trading volume is down by over 4% in the…
Solana Faces A Trend Decision, But The Bull Case Prevails
The price of Solana is facing an extremely important trend decision in the 1-day chart. Will the uptrend continue or will it be invalidated? The latter could threaten a drop to the psychologically important $20 level. A look at the 1-day chart…
37 Billion Dogecoin Holdings In Jeopardy: Price Level Investors Should Watch
Is the future of Dogecoin in jeopardy? If the price of DOGE hovers around the $0.745 per token level, more than 30 billion tokens will be on the verge of losing their positions. Startling new data from crypto intelligence portal IntoTheBlock…
MATIC Price Prediction: Polygon Recovery Faces Many Hurdles
MATIC price is recovering from the $0.95 support zone. Polygon might rise further but there is a major barrier forming near the $1.080 zone. MATIC price is attempting a recovery wave above the $1.00 resistance against the US dollar. The price is…
Ethereum Price Could Regain Bullish Momentum Above $1,900
Ethereum price started an upside correction from $1,800 against the US Dollar. ETH could continue to rise if it clears the $1,900 and $1,920 resistance levels. Ethereum is correcting losses from the $1,800 support zone. The price is trading above…
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