On-chain data shows the recent Bitcoin drawdown has shaken up the short-term holders, leading them to make large exchange deposits at a loss. Bitcoin Short-Term Holders Have Transferred Huge Volume In Loss To Exchanges As analyst James Van Straten pointed out in a short-term holders” (STHs) are the Bitcoin investors who bought their coins within…
Bitcoin Short-Term Holders Capitulate: $5.2 Billion Sold At Loss Read More »
Banking behemoth VanEck has valued Ethereum Layer-2 (L2) solutions at an astounding $1 trillion in a daring prediction, emphasizing the critical role that efficiency gains and scalability improvements will play in the development of blockchain technology. Ethereum Layer 2s Poised For Significant Increase In Valuation According to VanEck researchers, Ethereum Layer 2 scaling networks are…
Ethereum L2s Growth: VanEck Eyes $1 Trillion Market Cap As ETH Stalls Read More »
Injective (INJ) may be on the brink of a potential price surge following a recent wave of accumulation by crypto whales. This would undoubtedly be a much-needed relief for the INJ token, which has dipped significantly in the last seven days. Crypto Whales Buy $24.8 Million Worth Of INJ Data from the market intelligence platform…
Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana? Read More »
In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD). Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents. All of…
Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin Read More »
The outlook for Binance Coin (BNB) has turned cloudy, with both futures market data and technical indicators flashing bearish signals. Based on our analysis of Coinglass data, negative funding rates and declining open interest in BNB futures contracts paint a picture of growing pessimism among traders. A negative funding rate suggests that more traders are…
Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates Read More »
The Fantom (FTM) supply on exchanges has been rising in recent times, leading to speculations for what this might mean for the price of the cryptocurrency. Going by trends in the crypto market of when the exchange balances of a particular coin goes up, there might be some pain ahead for FTM investors. Fantom Supply…
Fantom Supply On Exchanges See Drastic Increase, A Cause For Alarm? Read More »
In the early US hours, Arkham Intelligence reported that the United States government had transferred over $90 million worth of Bitcoin and Ethereum, previously seized from two Estonian nationals involved in a vast cryptocurrency fraud and money laundering scheme. This move captured the attention of the cryptocurrency community, just days after the transfer of approximately…
US Govt Moves $90 Million in Bitcoin, ETH From Estonian Scammers Read More »
The price of XRP, the native token used on RippleNet for cross-border payments, has remained stubbornly below the coveted $1 mark for months. This, despite a broader cryptocurrency bull run that began roughly six months ago. While some analysts predict a swift surge to bridge the gap, others remain cautious due to ongoing legal battles…
XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil Read More »
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of spot Bitcoin ETFs in the United States that one of the “Newborn Nine” surpassed the outflows of Grayscale’s Bitcoin Trust (GBTC). On April 2, ARKB…
Bitcoin Stuck Below $66,000: Are ETF Outflows Beyond Grayscale An Issue? Read More »
Ethereum price is struggling to recover above the $3,360 resistance zone. ETH is now showing signs of more losses below the $3,300 and $3,250 levels. Ethereum is facing many hurdles near the $3,350 and $3,360 levels. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There was a break below a rising…
Ethereum Price Fails Again, Signs Of More Losses Below $3,300 Read More »
BNB price is attempting a fresh increase from the $545 zone. The price could gain bullish momentum if it clears the $585 and $590 resistance levels. BNB price started a fresh increase after it found support near the $545 zone. The price is now trading above $560 and the 100 simple moving average (4 hours).…
BNB Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase Read More »
