Shiba Inu, despite the prevailing bearish trend in the market, has been experiencing a bullish return, thanks to the growing adoption of the Shibarium Layer 2 network. Notably, it is the large holders who are spearheading this upward trajectory. Recent on-chain data from IntoTheBlock reveals a remarkable surge in positive net flows by these large
Bitcoin
Bitcoin’s price took another dive, testing the crucial $40,000 support zone. Although there is a current upward movement, the cryptocurrency needs to surpass the $42,350 resistance level to establish a positive trend. Currently, Bitcoin is trading below the 100 hourly Simple Moving Average, struggling to regain its momentum. After plummeting below support levels at $43,500
In a recent analysis by ETC Group’s Head of Research, Andre Dragosh, the current state of the crypto market was examined in great detail. The findings revealed that crypto assets have demonstrated their resilience by outperforming traditional assets such as equities. This outperformance was driven by a significant repricing in monetary policy expectations and short
Injective Protocol (INJ) has recently gained significant attention on social media, becoming the second most mentioned token after Bitcoin (BTC). This surge in interest has coincided with rising prices, suggesting a potential correlation between social media activity and price movements. In this article, we will analyze the factors contributing to the growing interest in INJ
As XRP holders contemplate whether to continue holding onto their tokens, the underperformance of the crypto token has raised concerns within the community. Talks about potential manipulation have further added to the worries. However, amidst all the uncertainty, one crypto analyst provides a glimmer of hope for XRP’s future price. Crypto analyst Dark Defender, in
Cardano (ADA) has captured the attention of investors this year with remarkable price gains, surging by 137% from its starting point of $0.2464. As market participants ponder on ADA’s future trajectory, various predictions have emerged regarding its potential growth. This article will analyze Cardano’s current market position, evaluate expert forecasts, and discuss key factors that
The ascent of Ethereum continues with unwavering momentum, as recent patterns suggest that its growth is far from waning. Despite not being as advanced as some of its competitors, Ethereum stands out due to its vibrant developer community, widespread acceptance, and pivotal role in decentralized finance (DeFi) and other blockchain applications. Currently trading at $2,300,
Stablecoin issuing company Tether has recently announced a new security policy that aims to protect the crypto ecosystem from bad actors and enhance its cooperation with law enforcement agencies. With the implementation of this policy, Tether seeks to counter the transactions associated with Sanctioned Persons on the Office of Foreign Assets Control (OFAC) Specially Designated
In a recent press release, Chainlink, a leading blockchain data-oracle project, announced the overwhelming demand for its enhanced crypto-staking program. Within just six hours, the program reached its staking limit, accumulating over $632 million worth of Chainlink’s LINK tokens. This significant response highlights the growing interest and recognition of Chainlink as the industry-standard decentralized computing
The market performance of Ethereum has been experiencing a consistent and positive trend since October. This upward movement can be primarily attributed to increased buying activity, which has propelled the cryptocurrency beyond the significant resistance level of $2,000. As a result, the value of Ethereum has surged, with investors setting their sights on breaking through
The price of Bitcoin has recently experienced a slowdown in its upward trajectory after a week of breaking through critical resistance levels. Despite this temporary setback, experts believe that the rally is still in its early stages, and BTC is poised to see further profits in the coming months. Currently trading at $43,300, Bitcoin has
Helium (HNT), a decentralized network launched in 2019, has been making significant gains in the cryptocurrency market. Over the past 30 days, HNT has experienced a remarkable growth, surpassing 147%. These gains have continued with increases of 101% and 45% over the past fourteen and seven days, respectively. In the 24-hour timeframe alone, HNT reached
Bitcoin (BTC), the world’s leading cryptocurrency, has experienced a significant surge in price, reaching a new yearly high of $42,100 on Monday. This notable price increase has sparked concerns among market participants about the potential for a correction and subsequent liquidation sweep, which could drive the price down to as low as $25,000. In this
Bitcoin has once again showcased its resilience as it breaks through the $40,000 resistance level, with a substantial increase of over 5%. This surge in value has reignited the bullish sentiment surrounding Bitcoin, with market observers suggesting that the price may climb even higher towards the $42,000 resistance level. The cryptocurrency market is buzzing with