Over the last several weeks, the surging price of Bitcoin has lost steam, raising doubts about the continuation of its bullish trend. On April 12, there was a sudden market downturn that led Bitcoin’s value to plummet from around $70,000 to below $67,000. The current drop in Bitcoin’s price serves as a reminder of its … Read more
On April 12, the crypto market experienced an unexpected slump. The prices of Bitcoin and major altcoins suddenly dropped, leading to significant sell-offs or liquidations. The cause of this sudden price decrease is unclear, with several potential explanations being suggested. One possibility is that the decline was triggered by a recent correction in the US … Read more
Mikybull, a market analyst, believes that XRP, the token associated with Ripple, could experience a significant price increase of up to five times its current value in the near future. Despite facing challenges in holding above the $0.60 mark recently, XRP has piqued Mikybull’s interest. Mikybull is confident based on two significant technical signals: the … Read more
In the face of a price adjustment affecting most of the top 100 cryptocurrencies, Nervos Network and its token CKB have bucked the trend, experiencing notable growth and moving up to the 79th position in the market. The rise of Nervos Network has left some pondering what might be driving its impressive surge. Nervos Network … Read more
A financial analyst has pointed out that if the daily closing price of PEPE stock falls outside of a specific price range, there’s a possibility it could surge by as much as 54% in value. PEPE Symmetrical Triangle May Hint At The Next Move For The Memecoin Analyst Ali shared some insights in a new … Read more
Hannah Phung, an analyst leading at the cryptocurrency platform SpotOnChain, expressed her views on how the Bitcoin Halving might influence the price of this leading digital coin. This contributes to the ongoing discussion about whether or not this event could push Bitcoin‘s value up to $100,000. Bitcoin’s Price Surge Might Not Come Immediately During an … Read more
More recently, IntoTheBlock’s findings indicated that over five million Litecoin (LTC) wallets have been holding the cryptocurrency for extended periods. This figure represents nearly two-thirds of all active LTC addresses, demonstrating Litecoin‘s extensive adoption and enduring appeal within the crypto sphere. Rising Long-Term Holder Trend Signals Optimism Over the past few months, there has been … Read more
In the beginning of Q2, Bitcoin‘s decline affected the Altcoins market negatively. A pessimistic mood has emerged among investors, despite an impressive recovery in Q1 2024 for the crypto market as a whole. As prices regain momentum, there is optimism among traders and analysts that better days lie ahead. Altcoins Next Stop: Altseason? On Fridays, … Read more
Many Shiba Inu investors are perplexed about the crypto’s price trend over the past few weeks. Although Shiba Inu went through a phase of no significant price movement for two weeks, recent data from the blockchain suggests that the market sentiment might be turning bullish once more. Notably, the rate of selling has significantly decreased … Read more
According to on-chain analysis, Dogecoin‘s weekly active trader count is now surpassed by the following coins: [list of coins]. Dogecoin Has Been Surpassed In Trader Count By Other Memecoins Based on information from market intelligence source IntoTheBlock, DOG and DEGEN have more weekly traders than the original meme crypto asset. An individual referred to as … Read more