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Ripple’s XRP is once again in the spotlight as it stages a remarkable comeback. In a surprising turn of events, XRP has tallied a decent 13% rally, leaving investors and enthusiasts impressed by its resurgence. This sudden surge in value can be attributed to an array of bullish market indicators that have reignited optimism among […]
As the countdown to Litecoin’s highly anticipated third mining reward halving begins, the cryptocurrency has witnessed a surge in network activity, indicating growing investor interest. However, despite this update, Litecoin hasn’t seen any significant movement in the past 24 hours but instead has remained in the red. Litecoin’s upcoming halving, scheduled for early August, will […]
Dogecoin started a decent increase from the $0.0685 support against the US Dollar. DOGE could rally if it clears the $0.074 resistance zone. DOGE is currently struggling to clear the $0.074 resistance against the US dollar. The price is trading below the $0.0725 zone and the 100 simple moving average (4 hours). There was a […]
Ethereum price is correcting gains from the $1,920 resistance against the US Dollar. ETH could start a fresh rally if it clears the $1,920 and $1,930 resistance levels. Ethereum is still struggling to clear the $1,920 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a crucial bullish […]
Bitcoin price is consolidating above the $27,500 support. BTC could start a fresh increase unless there is a clear move and close below $27,500. Bitcoin is still holding the key $27,500 support zone. The price is trading above $27,550 and the 100 hourly Simple moving average. There is a key bearish trend line forming with […]
RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates. RAY Prices Under Pressure According to CoinMarketCap data on May 30, RAY is changing hands at $0.19, stable against the USD, Bitcoin, and Ethereum on the last trading […]
Chainlink Price has been attempting to reverse its recent losses over the past few weeks. Currently, Chainlink is trading under a crucial resistance mark which has caused the altcoin to face rejection. Over the last 24 hours, Chainlink has managed to appreciate by only 0.4%, signifying that it has been consolidating. On the weekly chart, […]
Bitcoin (BTC), the largest cryptocurrency by market cap, is currently showing signs of a new momentum refresh and the beginning of a newly formed bull run. Market analyst Justin Bennet accurately predicted this move, citing recent range highs and a cluster of short liquidations in the $27,500 area. However, Bennet suggests an expected market between […]
Despite the lingering bearish sentiment in the market, the Avalanche (AVAX) price has shown some upward movement. AVAX is hovering around a significant support line that has historically propelled its price in previous months. AVAX has experienced a slight 0.1% downward movement on the daily chart, while the weekly chart reflects a loss of approximately […]
Fantom (FTM), a leading Layer 1 (L1) blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With the recent announcement of the long-term vision for the protocol by Andre Cronje, co-founder of the blockchain platform, the community is buzzing with excitement for […]
A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class on the map. With the signal now firing once again, is this a prelude to another 2017-style market boom in […]
THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023. It is a feature THORChain says will complete their THORFi ecosystem. However, amid this development and community anticipation, RUNE remains under pressure, slipping 32% from April 2023 highs as of writing on May […]
A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s transaction surged to 10 million a few days after the Ordinals creator, Rodarmor, announced stepping down from the project. Reaching over 10 million inscriptions suggests that many transactions have occurred on […]
On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed out, Poolin mining pool seems to have been behind most of the recent inflows. The […]
The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived, gaining more sales volume than in 2021. However, the trend seems to be changing, with many collections recording important […]
The crypto market has shown signs of recovery over the last week, with top coins trending to the top of their range. However, the picture could turn red in the short term for some altcoins as unlocks season kick-off. As of this writing, Ethereum trades at around $1,900 with sideways price action in the last […]
Shiba Inu (SHIB) finds itself amidst a contrasting scenario. Holders of the meme coin and newly emerging addresses are taking conflicting positions, leading to a state of uncertainty. Some long-standing holders remain steadfast in their belief in the token’s potential, having weathered its volatile journey thus far. On the other hand, fresh addresses, intrigued by […]
On-chain data shows the XRP active addresses metric has spiked to historical levels recently, a sign that may turn out to be bullish for the asset. XRP Daily Active Addresses Has Observed An Uplift Recently According to data from the on-chain analytics firm Santiment, address activity on the network reached its second and third-highest values […]
In an intriguing development for crypto traders, Binance Australia has introduced an exclusive Bitcoin discount, offering a unique opportunity for savvy investors. The platform’s recent announcement comes in the midst of a countdown to a significant payment deadline, adding a sense of urgency to the offer. While Bitcoin (BTC) currently trades above $27,000 on several […]