In the past 30 days, at least 12 meme coin projects on the Solana platform that held presales have been completely abandoned, as reported in a recent post by well-known independent blockchain investigator ZachXBT. According to the article, the projects in question had amassed a total of $26.7 million through fundraising. This was achieved using … Read more
Bitcoin miners made an extraordinary earnings of $107 million on April 20th, as reported by Glassnode, a well-known analytics company. This substantial profit highlights a notable change in the financial structure of Bitcoin mining businesses. In simpler terms, as more people use Bitcoin for transactions, the fees for those transactions have been increasing rapidly. This … Read more
Recently, Shiba Inu developer Kaal Dhairya (@kaaldhairya) announced that a problem with the Shibarium network, which caused an interruption in its services due to networking difficulties among validators, has been fixed. This issue impacted the Shiba Inu ecosystem, particularly the layer-2 blockchain solution named Shibarium. Kaal explained the reason for the Shibarium interruption and its … Read more
Litecoin (LTC), referred to as the “silver version” of Bitcoin, has been quietly following behind its more prominent peer. Even after a drop in value from $112 to $83, experts anticipate a possible price increase in the near future. After Litecoin’s determined response during Bitcoin’s much-anticipated reward reduction, where Bitcoin’s block rewards were diminished by … Read more
Dogecoin is making an effort to bounce back above the $0.150 barrier against the US Dollar. However, reaching the $0.170 resistance level may prove challenging for Dogecoin. DOGE started a recovery wave from the $0.1280 support zone against the US dollar. The price is trading above the $0.1500 level and the 100 simple moving average … Read more
The price of Ethereum is climbing upwards past the barrier of $3,120. If Ethereum manages to surpass the $3,280 mark, it may initiate a new surge. Ethereum is recovering higher and approaching the $3,280 resistance zone. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above two connecting … Read more
The price of Bitcoin rebounded and surpassed the $64,000 mark, but now encounters obstacles around $65,500 and $66,000. Bitcoin is now struggling to gain pace for a move above the $65,500 resistance zone. The price is trading above $64,000 and the 100 hourly Simple moving average. There is a key contracting triangle forming with resistance … Read more
In recent weeks, the value of Celestia (TIA), an exciting cryptocurrency in the modular blockchain sector, has seen significant ups and downs. It hit a high of almost $16, but then experienced a sharp decline, dropping to $7.5 based on information from CoinMarketCap. Despite facing adversity, the token has made a notable recovery, reaching $11.50 … Read more
Many investors are buying large amounts of Ethereum, possibly indicating a resurgence of optimistic attitudes towards this cryptocurrency. At present, Ethereum’s value hovers around $3,170, but its price has experienced fluctuations within the last week. In the midst of fluctuating prices, it has been observed through on-chain analysis that Ethereum investors have been accumulating more … Read more
In the days prior to the Bitcoin halving event, the cryptocurrency’s price experienced a significant drop, nearing the $60,000 level. Insights from on-chain analysis may provide an explanation for this unexpected price decrease amidst the hype surrounding the halving. Specifically, mining data shows that certain miners have been offloading their Bitcoins prior to the halving, … Read more