Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. This dramatic
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In the midst of the volatile crypto market, large investors are ramping up their activities, as revealed by data intelligence firm Santiment. The analysis highlights the top ten crypto projects experiencing a surge in whale activity, defining whales as investors carrying out transactions worth $100,000 or more. This trend sheds light on the shifting dynamics
The recent crash in the Bitcoin and crypto market has sent prices plummeting across the board, leading to a rapid decline in sentiment among investors. This has caused the Fear & Greed Index to drop into the Extreme Fear territory, indicating that investors are hesitant to invest in the market. However, this shift in sentiment
Trading in the financial markets can be daunting for many individuals, as it requires constant attention, quick decision-making, and the ability to handle stressful situations. However, with the emergence of trading bots, the process has become much more efficient and less time-consuming. These automated tools utilize algorithms to analyze market data and execute trades automatically,
Recent developments in the crypto market have shown that Ethereum has entered oversold territory. This is seen as a bullish sign for the second-largest cryptocurrency by market cap, with analysts predicting a potential price rally that could see Ethereum reaching as high as $6,000. Crypto analyst Titan of Crypto recently suggested on social media that
The latest US jobs report, released on Friday, fell short of expectations with only 142,000 new jobs added in August. This number was significantly lower than the anticipated 160,000 positions. The trend of declining job growth is concerning, especially when compared to the 202,000 jobs added in the same period the year before. The disappointing
Toncoin (TON) started the year on a high note, experiencing a significant bull run that led to its price reaching a new all-time high of nearly $8.20 in mid-June. However, the party didn’t last long as the asset began losing momentum towards the end of August. Currently, TON is trading at around $4.80, marking a
The recent decline in the percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has raised concerns among investors and analysts in the cryptocurrency market. This decrease in UTXOs aligns with the plummeting price of Bitcoin (BTC) and the broader decline in the crypto market. Analysts have started interpreting this metric as a potential sign
As popular crypto analyst Dan Gambardello delves into the potential future of the Cardano (ADA) price amidst troubling forecasts of a US recession, he highlights the general unease among ADA holders and general crypto investors. The ongoing economic discourse surrounding a potential recession has raised concerns among investors, especially with the historical behavior of the
Recently, a federal judge made a significant ruling in a proposed class action lawsuit against Coinbase, the largest US crypto exchange. The lawsuit alleges that Coinbase misled shareholders about the likelihood of being sued by the US Securities and Exchange Commission (SEC). This ruling by US District Judge Brian Martinotti on Sept. 5 allowed shareholders
