Cardano’s (ADA) recent price movement has pushed it below the lower boundary of an upward-trending channel over the medium to long term. This suggests its upward climb may slow down, or a period of sideways price action could begin. Key support levels are around $0.46, while resistance levels are around $0.66. The negative volume balance […]
Litecoin (LTC) has decreased its value lately, from around $112 to $71. However, LTC still has significant potential for major long-term growth. More and more investors are getting interested in Litecoin, seeing its appeal that they may have missed before. LTC’s recent bounce back from a key trendline shows it is resilient and promises to […]
Bitcoin’s upward journey has caused analysts to focus on on-chain data for current market cycle insights. Key indicators that can guide investors through the euphoric phase of price discovery are revealed in recent Glassnode reports. A major aspect accentuated by this report is the Supply Profitability State showing the percentage of total coin supply for those […]
Uniswap, one of the top decentralized crypto exchanges (DEX), announced that it would be “fighting” an enforcement notice issued by the United States Securities and Exchange Commission (SEC) in a move that shook the DeFi industry. Upon receiving a Wells notice from the SEC, Uniswap CEO Hayden Adams said, “I’m not surprised. Just annoyed, disappointed, […]
XRP seems to demonstrate positive signals, which may set it on a path of more than a reasonable rise in value. However, analysts see the XRP price growing dramatically in the short term, with near-term projections going from $1 to $1.70, while long-term objectives remain at approximately $5. At the time of writing, the positive […]
Vechain (VET) has remained steadfast at its support level, showing impressive resilience. Vechain still maintains itself firmly, hence hinting at a possible upcoming upward move. At the current update, Vechain costs $0.04042, and it has a 24-hour volume of $101.76 million and a market cap of $2.88 billion. In spite of losing 5.70% within the […]
A recent report from Kaiko revealed that they had seen low weekend Bitcoin transactions in 2024. The report highlights that this week’s trade represents just 13% of the whole volume of Bitcoin, with a maximum of 1/4th from 2018 to 2021. This correlates with increasing institutional investors in the spiking Bitcoin market. Drop in Volume […]
Ethereum (ETH) has grabbed attention after soaring past $3,200 yesterday, and the second-largest crypto rally has led to more selling pressure as long as investors try to make profits. Amid the price jump and sell-offs, an Ethereum ICO participant, dormant for 8.6 years, has resurfaced. Crypto analyst Altcoin Sherpa suggested on X (formerly Twitter) that […]
After two weeks of consolidation, the world’s biggest cryptocurrency, Bitcoin (BTC), smashed past $57,000 earlier today in a massive breakout. As of press time, the Bitcoin price today is $ 56,141 with a 24-hour trading volume of $ 64.00B; the BTC price increased 8.98% in the last 24 hours, with its market cap going over $1.1 trillion […]