The cryptocurrency market remains highly volatile, with Bitcoin struggling to hold above key support levels. Ethereum, XRP, and other major altcoins are also testing crucial price points, raising concerns among traders and investors. As recent market developments unfold, institutional moves and macroeconomic factors continue to shape the short-term outlook. Bitcoin Price Analysis (BTC/USDT) Bitcoin has […]
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 […]