Crypto analyst Crypto Jack has suggested that Solana-based meme coin Dogwifhat (WIF) could soon witness a catastrophic crash. He noted what needs to happen for the meme coin to avoid this significant price decline. How Dogwifhat’s Price Could Crash Significantly Crypto Jack mentioned in an X (formerly Twitter) post that Dogwifhat’s price needs to stay […]
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As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term volatility will be outweighed by BTC’s long-term bullish prospects. With the approval of US spot Bitcoin exchange-traded funds (ETFs), […]
Crypto analyst Pierre has provided insights into why $69,000 is a significant price level for Bitcoin. He suggested the flagship crypto could hit a new all-time high (ATH) if it successfully holds above that range. A Breakout Above $69,000 Could Lead To A Bitcoin Recovery Pierre mentioned in an X (formerly Twitter) post that Bitcoin […]
Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the ETH Estimated Leverage Ratio has been on […]
A whirlwind of speculation is currently surrounding the crypto asset JasmyCoin (JASMY), colloquially termed the “Bitcoin of Japan,” following a recent announcement from the Prime Minister’s Office of Japan. Yesterday, it was disclosed that a video conference between Prime Minister Kishida and Apple CEO Tim Cook had confirmed the integration of Japan’s My Number Card […]
Near Protocol has had a good year in 2024 so far and has continued to hold up quite nicely despite the multiple crashes that have rocked the market. However, it seems that the altcoin may have exhausted its runway, as a crypto analyst believes its earlier breakout is very bearish for the price. Near Protocol […]
The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Bulls Take A Hit, But Sentiment Remains Positive The past few days […]
Toncoin serves as the native token of the TON ecosystem and has multiple use cases. The token like other native tokens such as Solana (SOL) and Ethereum (ETH) has been doing well, as it experienced a notable price rise, especially with the launch of Notcoin (NOT) recently. Based on TON’s past price movements, the token […]
Cardano (ADA), the smart contract platform, has been facing a rough patch recently. While the broader DeFi sector has seen an uptick in DEX volumes, Cardano’s Total Value Locked (TVL) has plummeted, raising concerns about the health of its ecosystem. DeFi Activity And NFT Market Slump Despite the surge in DEX volumes across the crypto […]
CryptoQuant CEO Ki Young-Ju today pointed out significant similarities in Bitcoin’s market behavior between the current state and mid-2020, a period marked by stagnant prices but high on-chain activity. Young-Ju’s insights were illustrated with two key charts and shared via a post on X, drawing parallels that suggest a robust undercurrent of large volume transactions, […]
BNB price started a recovery wave from the $585 support zone. The bulls must clear the $600 resistance zone to push the price into a positive zone in the near term. BNB price extended losses and tested the $585 support zone. The price is now trading below $600 and the 100-hourly simple moving average. There […]
Notcoin (NOT), the play-to-earn token integrated into the Open Network (TON) ecosystem, has made significant waves in the market, becoming the top performer on Thursday. With a surge of over 30% within the past 24 hours, Notcoin has secured the 82nd spot among the largest 100 cryptocurrencies, boasting a market capitalization of $1.25 billion. Notcoin […]
XRP price extended losses below the $0.5220 support zone. It tested the $0.5120 support and now attempting another recovery wave toward $0.550. XRP is struggling to start a fresh increase above the $0.5320 resistance zone. The price is now trading below $0.530 and the 100-hourly Simple Moving Average. There is a major bearish trend line […]
Crypto analyst Nick of the Cheeky Crypto YouTube channel has provided an ultra-bullish prediction for Cardano (ADA). The analyst also outlined factors that he believes could drive Cardano’s price to such heights. Cardano Could Rise To $38 At Some Point In a recent video on the Cheeky Crypto YouTube channel, Nick mentioned that Cardano could […]
Bitcoin price started a recovery wave from the $67,000 zone. BTC is now struggling to clear the $68,800 and $69,500 resistance levels. Bitcoin remained stable above the $67,000 zone and recovered higher. The price is trading above $68,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line […]
Ethereum price extended its decline and tested the $3,720 support. ETH is now consolidating and facing many hurdles near the $3,800 level. Ethereum extended its decline and tested the $3,720 zone. The price is trading below $3,820 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $3,810 […]
In an extraordinary turn of events, two hackers have successfully cracked the long-forgotten password of a digital wallet, leading to the recovery of approximately $2 million worth of Bitcoin (BTC). Lost Bitcoin Fortune Unlocked As reported by Wired, the story began in 2013 when an individual known by the alias “Michael” securely stored his Bitcoin […]
Crypto analyst Capt Toblerone recently provided insights into the Shiba Inu (SHIB) future trajectory using the Elliot Wave Theory. This suggested that the meme coin’s recent price correction was simply part of a bigger picture, with the analyst predicting the meme coin will hit a new all-time high (ATH) on its next leg up. SHIB’s […]
The on-chain analytics firm Santiment has explained how this Bitcoin indicator has been one of the top leading indicators in the cryptocurrency market. Holdings Of Bitcoin Investors With At Least 10 BTC May Correlate To Price In a new post on X, Santiment has discussed about a metric that has historically been one of the […]
At spot rates, Ethereum prices have been edging lower, recently even retesting the immediate support at $3,700. Even though the coin is still hovering around this level, optimism is high that it will spike higher in the coming days. Ethereum Whales Are Now Accumulating Cementing this outlook, one analyst, citing on-chain events, notes that a […]