Over the past two years, Ethereum (ETH) has been the clear winner in terms of performance when compared to Solana (SOL). However, a technical analyst known as “CryptoGodJohn” on X believes that this dynamic is about to change. By examining the candlestick arrangement of the SOLETH chart on the weekly chart, the analyst suggests that
Bitcoin
Bitcoin’s recent rally has led to critical moments where the cryptocurrency’s spot price interacted with the short-term holders’ (STHs) realized price. The realized price indicates the average cost basis at which Bitcoin investors acquired their coins. If the spot price trades above this indicator, holders are currently in a state of profit. Conversely, trading below
In the upcoming trial of Sam Bankman-Fried, the former CEO of the now defunct crypto exchange FTX, the jury selection process is said to be a swift one, as emphasized by Coinbase’s Chief Legal Officer (CLO) Paul Grewal. This article delves into the dynamics of the jury selection, highlighting key insights from Grewal and providing
Optimism (OP) has been performing impressively as it records gains in both the short and long term. With a 5% increase in the last 24 hours and a 15% gain in the last seven days, OP has attracted the attention of investors. This upward momentum aligns with the general recovery witnessed in the overall crypto
In a significant exploit in the cryptocurrency space, the now-defunct FTX exchange fell victim to a hack a few hours after declaring bankruptcy, resulting in a loss of over $600 million. Recent on-chain data reveals that the FTX exploiter, whose address was identified as 0x3e9, has become active for the first time in 10 months
As the anticipation for the next bull market builds, the Bitcoin price is currently trading at $27,100, which represents a significant decline from its all-time high of $69,000 in 2021. This raises questions about the potential future prices of Bitcoin. While most predictions are speculative, one analyst has developed a model that utilizes historical data
Despite concerns raised by analysts about the potential for XRP to end on a high note, there are several macro and micro factors that could significantly impact the token’s price. These factors include ongoing legal battles, the possibility of a settlement between Ripple and the US Securities and Exchange Commission (SEC), as well as Ripple’s
Hong Kong-based cryptocurrency exchange, Hashkey, has announced the listing of the Avalanche (AVAX) token on its platform. This move presents an opportunity for increased adoption of the cryptocurrency. However, trading AVAX on the exchange comes with an interesting requirement that limits access to professional investors or individuals with a significant investment portfolio. This article examines
In a recent report, Bloomberg analyst Jamie Coutts reveals that the interest of asset managers in Bitcoin goes beyond exchange-traded funds (ETFs) and extends into the mining sector. This raises questions about the motivations and implications of such investments. It seems that major asset management firms, including BlackRock, Vanguard, and State Street, have been involved
Maker DAO’s MKR token has experienced a significant boost amidst a slight uptick in the broader cryptocurrency market. Despite the struggle for most tokens to recover, MKR has consolidated its upswing with an impressive 5% 24-hour increase. With MKR currently trading at $1335, it is poised to conquer the critical resistance level at $1,350. This
