In a recent in-depth analysis conducted by crypto intelligence firm ChainArgos, concerning allegations of price manipulation in the sales of Polygon’s MATIC tokens, disturbing revelations have been brought to light. The examination focused on the token allocations and subsequent flows to different exchanges. ChainArgos raised concerns about irregular outflows from a “vesting contract” and a
Bitcoin
Traders in the crypto realm have been closely monitoring the price of Chainlink (LINK) as it hovers near the $16 mark. There is speculation that a breakout towards $17 or even $20 may be imminent, depending on the prevailing market conditions this week. LINK has been showing classic market cycle behavior, consolidating between $13.00 and
In a remarkable turn of events, Ethereum has managed to outshine Bitcoin with an impressive 14% surge in just two weeks. This surge has propelled the digital currency past a key psychological barrier, surpassing $2,600 for the first time since May 2022. The breach of this significant level not only confirms Ethereum’s ongoing uptrend but
Crypto analyst Ali Martinez recently analyzed Solana’s price movement and suggested that the cryptocurrency could potentially rise to as high as $150 in the near future. Martinez pointed out the breakout of a bull flag pattern on the 4-hour chart and stated that if SOL managed to close above $106, it could trigger a rally
With the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the investment spotlight has shifted towards the potential for XRP ETFs. Steve McClurg, Chief Investment Officer (CIO) for Valkyrie, has expressed his belief that altcoins, such as XRP and Ethereum, could be the next in line to receive
Crypto analyst Skew has identified a crucial price level for Dogecoin (DOGE) that could yield profits for investors in the meme coin. By carefully analyzing the daily chart for DOGE, Skew has suggested that a better risk-reward lies above $0.08750 for individuals looking to enter the market. Despite acknowledging the development of a significant range
In a significant development for the cryptocurrency and Bitcoin market, the United States Securities and Exchange Commission (SEC) has approved all 11 spot Bitcoin ETFs submitted by the world’s largest asset managers. This approval marks a groundbreaking milestone in the maturation of the cryptocurrency market, paving the way for increased institutional and retail investor participation.
Ethereum, the second-largest cryptocurrency by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to the analysts, Ethereum shows consolidation within a bullish pennant pattern. This technical formation typically suggests a continuing upward trend in Ethereum’s case. According to World Of Charts, if
The cryptocurrency market is known for its volatility, with prices constantly fluctuating. To navigate this market successfully, investors and traders rely on various indicators and metrics. One such metric is the Relative Strength Index (RSI), which measures the momentum of price changes in an asset. In this article, we will explore some altcoins that are
In recent times, the approval of Bitcoin Spot Exchange-Traded Fund (ETF) has sparked immense interest in the cryptocurrency community. Scott Melker, a prominent cryptocurrency analyst and advocate, took to social media to share his projections regarding a potential influx of funds into Bitcoin following the approval of the ETF. While Melker’s projections were met with
