Recently, the price of Toncoin (TON) witnessed a rapid decline, causing investors and traders to worry about the asset’s potential. The bear’s refusal to surrender control can cause TON’s price to drop, increasing the negative market sentiment around it. The entire cryptocurrency ecosystem is always volatile and unpredictable, with many price fluctuations based on various […]
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The U.S. Congress Democratic committee members are preparing to endorse the Securities and Exchange Commission’s (SEC) stringent regulation of digital assets in their efforts to assert control over the crypto industry. A new memo pointing towards a hearing on digital assets regulation circulated among the Democrat committee, sparking reactions among top crypto leaders. In a […]
On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant post, the Puell Multiple is currently at even higher levels than those seen […]
Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars. Zimbabwe’s Sale Of Gold-Backed Digital Tokens Attracts […]
On the weekly timeframe, a crypto analyst named Egrag explained on Twitter that VeChain (VET) is currently in a buy zone. He further explained the details of its possible price behavior using trading charts and noting recurring patterns. VET is in the green today, holding onto its gains from yesterday’s closing price. Egrag’s Analysis on […]
Avalanche (AVAX) has experienced a bearish week with several price floors being lost. However, in the last 24 hours, AVAX has moved up by 1.5%, suggesting a sideways trading session. The technical analysis indicates that bears still have control over AVAX, with decreased demand and accumulation. Buyers have lost interest due to previous bearish influence. […]
On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets. Officials said they are currently investigating whether Kim used insider information to acquire his massive digital assets worth around $4.5 million and […]
The price of Bitcoin has risen by 2% over the past 24 hours. After nine consecutive red daily candlesticks, the price of BTC finally posted a green daily candlestick yesterday (Sunday). However, analysts are divided as to whether Bitcoin will now climb back towards $30,000 or whether it will head lower again. Why Are Bitcoin […]
Pro-XRP lawyer John Deaton has dropped his opinions on PEPE while the viral meme coin’s investors brood over its massive price plunge. The Pepe the Frog-themed meme coin became prominent immediately after launch, rallying 1,000% within the first two days. Pepe’s performance and increasing popularity secured it a listing on Binance, further pushing its price […]
1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege? Records from the “Top 100 Litecoin Rich List” show that 7,355,585 LTC in circulation worth $639,814,097 are controlled by 8.78% of all registered addresses. At the same time, 26,526,499 LTC worth over $2.3 billion is managed […]
On-chain data shows that Bitcoin miners have continued to sell recently, something that could be bearish for the cryptocurrency’s price. Bitcoin Miners Have Been Shedding Their Reserves Recently As pointed out by an analyst in a CryptoQuant post, there has been some intense pressure from miners in recent days. The relevant indicator here is the […]
Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the on-chain analytics firm Santiment, there has been a major uptick in the social […]
The number of on-chain Ripple (XRP) transactions on the XRPL is down 65% from 2.5 million on March 19 to less than 900,000 on May 14, 2023. XRP Transactions Crashing As of May 14, 2023, 852,000 transactions were processed by the XRPL, a decentralized blockchain network by Ripple Labs curated for fast value transfer. This […]
Doge CEO, the cryptocurrency inspired by Dogecoin, has witnessed an extraordinary surge, skyrocketing nearly 200% in the face of an ongoing mania surrounding meme coins. As investors continue to embrace the eccentricity and unpredictability of the crypto world, Doge CEO has emerged as a captivating contender in the market. Fuelled by the same irreverent spirit […]
The cryptocurrency market is constantly evolving, and with prices changing rapidly, it can be challenging for cryptocurrency traders and investors to stay on top of the latest market trends and make informed investment decisions. This is where a mobile crypto widget comes in. The CoinStats mobile crypto widget provides real-time information and analysis on the […]
Pepecoin (PEPE) has recently gained significant attention on social media platforms, outperforming Bitcoin in terms of buzz and hype. As the cryptocurrency market continues to evolve rapidly, the power of social media in driving prices and market sentiment cannot be underestimated. With Pepecoin generating a surge of interest and excitement among investors and traders, the […]
The Bitcoin Inscriptions craze is spreading to Dogecoin. The number of transactions that the Dogecoin blockchain has had to process in the last few days have risen to an all-time high, mainly due to the new DRC20 token standard. DRC20 tokens on Dogecoin are an experimental token standard that works similarly to the minting and […]
The legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) in the US District Court of Southern New York is still awaiting a ruling from Judge Analisa Torres. Just last week, Ripple CEO Brad Garlinghouse downgraded expectations, stating that a ruling would likely come in “two to six months” rather than […]
Shiba Inu is causing significant losses for its investors. Recent data reveals that the hype surrounding SHIB, the once darling of the meme coin industry, may have led many investors astray. At the time of writing, a staggering 80% of all Shiba Inu token address holders are experiencing losses on their holdings, a fact that is causing […]
Data from BitcoinInfoCharts, an analytics platform, shows that there are far more tweets about Bitcoin than Dogecoin despite the spike of meme token activity in the past month. Tweets About Bitcoin Exceed Those Of Dogecoin As of May 14, there were over 200,000 tweets related to Bitcoin. In contrast, users only posted roughly 4,800 tweets about the […]