The spotlight has recently turned towards the Uniswap Foundation following notable shifts in its holding patterns. Uniswap Foundation, which backs the development and expansion of the Uniswap (UNI) protocol, made headlines for its sale of the platform’s native tokens. Uniswap’s UNI token has maintained its position as a prominent digital asset in decentralized finance (DeFi). […]
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Bitcoin saw a brief stall in its rally which triggered a decline back down to $33,700. This decline, seemingly out of nowhere, may have not been random given some developments in the crypto space. As the rally resumes once more, here’s a look at these developments. BlackRock Spot Bitcoin ETF Listing Taken Down The BlackRock […]
The MATIC price has disappointed investors over the course of this year after falling from $1.5 to $0.5. This extended bear trend has significantly impacted investor morale but one analyst sees a redemption in the future of the altcoin, in the form of a 220% surge to $1.5. MATIC Price To Make A 220% Break […]
Arthur Hayes, the former CEO of BitMEX, a prominent cryptocurrency exchange, has recently shared his viewpoint, signaling a watershed moment for Bitcoin (BTC). With a world grappling with heightened geopolitical tensions and economic uncertainties, Hayes has delved into how these macro factors can impact the trajectory of Bitcoin. His recent blog post, “The Periphery,” casts […]
Since the latest Bitcoin rally started, there has been speculation going on as to whether derivatives fuel the surge. Here’s what Glassnode says. Bitcoin Funding Rates Have Remained Cool Recently In its latest weekly report, the on-chain analytics firm Glassnode has talked about what the derivatives side of the market has looked like while the […]
In a recent development, Ethereum’s latest resurgence (up over 12% in the last seven days) could be threatened by the actions of an Ethereum whale who could potentially end the token’s rally and further cause it to decline. Ethereum Whale Moves 30,710 ETH In a post shared on the X (formerly Twitter) platform, a crypto-related […]
The data of two on-chain indicators may be referred to for finding out whether the latest Ethereum rally can go on or not. Ethereum Has Enjoyed A Sharp Rally Of More Than 12% In The Past Week Like the rest of the cryptocurrency market, Ethereum has observed a rally during the past few days. Although […]
The price of BTC continues to push higher, and the bullish momentum remains intact as news around the Bitcoin ETF (Exchange Traded Fund) improves overall sentiment. In the wake of the recent rally, some trading firms doubled down on their bullish positions. As of this writing, the price of Bitcoin stands at $24,200 with sideways […]
The Shiba Inu community burn rate has seen a significant decline over the last few days. The burn rate which had been on a tear earlier in the month started to recede and has fallen double-digits in the last 24 hours alone. Given that this burn initiative was implemented to reduce supply and increase the […]
In a definitive response to swirling rumors regarding the possible discontinuation of the Djed stablecoin, Charles Hoskinson, founder of Cardano, firmly stated that not only will the project continue, but it will also receive a significant upgrade. “No, we aren’t dropping Djed. We are supercharging the team,” he announced. Cardano Developer IOG Doubles Down On […]
Solana (SOL) has experienced remarkable growth in the past month, outpacing its peers in the cryptocurrency market. According to data from Messari, SOL’s market capitalization surged over 60%, solidifying its position among the top ten crypto assets. This rally comes after a challenging period for SOL bulls who struggled to maintain support at the $20 […]
Bitcoin has had an eventful week in terms of price action. The world’s largest crypto saw an 18% increase in the past seven days, its highest percentage increase this year. This unexpected surge caused a flurry of short position liquidations, and according to Glassnode, 60,000 BTC worth of futures positions were closed. Amidst all the […]
Amid the bullish sentiment in the crypto market, Shiba Inu (SHIB) has recently garnered significant attention from traders and investors. A recent analysis by renowned crypto analyst Ali Martinez has spotlighted a rare buy signal for the token, potentially hinting at an upward trajectory for its price. Buy Shiba Inu Now? For those not familiar, […]
Pro-XRP legal expert Fred Rispoli has shared some expectations following Judge Analisa Torres’ order, where she officially dismissed the US Securities and Exchange Commission’s (SEC) claims against Ripple’s executives Brad Garlinghouse and Chris Larsen. SEC Can Still Bring Claims Against Ripple’s Executives In a post shared on his X (formerly Twitter) platform, Rispoli noted that […]
In the past few days, XRP has achieved a significant breakthrough of notable resistance levels, offering a hint of impending substantial price movements. This development has been closely watched by the cryptocurrency community, who have observed a notable degree of volatility in XRP’s price dynamics in recent times. The cryptocurrency’s ability to surmount these substantial […]
Galaxy Digital, a leading player in the digital assets sphere, has issued a bullish prediction for Bitcoin’s trajectory following the launch of the much-anticipated US-regulated spot Bitcoin ETF. According to a recent study published by the firm on October 24, the introduction of the ETF is set to considerably bolster Bitcoin’s adoption, positioning it more […]
Dogecoin has been showing renewed exuberance with impressive figures this week, surging to an intraday high of $0.06525 Tuesday. This substantial rally allowed the cryptocurrency to surpass a significant resistance level positioned at $0.0640. Notably, this price breakthrough represented a momentous achievement for Dogecoin, as it hadn’t reached such heights since August 31. The cryptocurrency’s […]
A ripple of excitement has recently coursed through the crypto market, particularly on Bitcoin. Bolstered by speculation regarding the impending approval of a spot Bitcoin exchange-traded fund (ETF) —a sentiment propelled by BlackRock’s iShares ETF’s appearance on the DTCC website—Bitcoin recorded an 18-month high trading above $35,000. This upward movement came on the heels of […]
Ethereum price rallied following Bitcoin and tested $1,850 against the US dollar. ETH is correcting gains, but the bulls might remain active near $1,750. Ethereum started a downside correction from the $1,850 resistance. The price is trading above $1,750 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support […]
Solana is gaining pace above the $30 resistance against the US Dollar. SOL price remains supported and might aim for a fresh rally toward $35. SOL price started a major rally above the $28 resistance against the US Dollar. The price is now trading above $29.20 and the 100 simple moving average (4 hours). There […]