Ethereum price declined again and retested the $3,365 support zone. ETH could start a fresh increase toward $3,700 if it stays above $3,365. Ethereum is still holding the key $3,365 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near…
Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging? Read More »
On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near…
Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head Read More »
Tether, the issuer of the largest stablecoin in the cryptocurrency market, USDT, announced Monday the creation of a new synthetic dollar backed by gold. The token, aUSDT, was developed on the company’s Alloy by Tether platform. By leveraging smart contracts on the Ethereum Mainnet blockchain, users can mint aUSDT by over-collateralizing it with another Tether…
Tether Unveils aUSDT: A New Gold-Backed Digital Currency For Payments – Details Read More »
CRV, the native token of the stablecoin decentralized exchange Curve Finance, has been dumping in over the last year or so. After last week’s plunge, the token fell by as much as 75% from March 2024 highs, a huge concern for token holders. CRV Recovers, Adds 45% After Plunging However, according to one analyst who…
Is The CRV Painful Dip Over? This Event In August Could Spark A Rally Read More »
Toncoin (TON), the native token of The Open Network, has had one of the best performances this cycle. The token has hit a new all-time high (ATH) twice this Friday and flipped Ethereum’s active users this week. Market watchers believe this breakout and recent performance could set the stage for a rally toward the $10…
Toncoin (TON) Hits New ATH, Is $10 The Next Stop? Read More »
ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address…
ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program Read More »
A crypto analyst has revealed a timeframe for XRP, the native token of the modest value could skyrocket to an impressive $500 during this bullish cycle, albeit under certain conditions. Analyst Foresees XRP Surging By 102,590% In an X (formerly Twitter) XRP will surge to new all-time highs this bullish cycle. The analyst projected an…
Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch Read More »
The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These…
CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next? Read More »
Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has recently experienced notable price appreciation and rapid growth in its ecosystem. After a period of consolidation between $1 and $2 since 2022, TON’s price has surged to reach a record high of $8.25 on June 15. This achievement is accompanied by a significant increase…
Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This suggests Shiba Inu might be receiving increased attention from traders, a scenario that may result in…
Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On? Read More »
SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what…
Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles? Read More »
