Analysis

With the highly anticipated Bitcoin halving quickly closing in, crypto analysts have their eyes glued to the markets, speculating on potential price movements. One prominent voice, Rekt Capital, points to a pattern from previous cycles. According to the analyst, in just four days, Bitcoin will officially enter what they term the “Danger Zone” – a period where […]

In the significant development of Solana’s decentralized finance (DeFi) ecosystem, DefiLlama data reveals that Solana’s decentralized finance (DeFi) has witnessed substantial expansion in the recent week. Particularly noteworthy is the significant increase in trading volume observed on Solana’s decentralized exchanges (DEXs) from March 3 to March 6. Record-breaking Trading Volumes on Solana DEXs As per […]

Santiment, one of the leading on-chain data analyst firms, has released recent data revealing the actions of Bitcoin’s whales as the market is trying to keep its price above $60,000. Observably, these whales are splitting their wallets, which could point to different strategies or risk management techniques employed by the ecosystem. 📊 #Bitcoin's whales are splitting wallets as […]

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 […]

According to a recent post, analyst Ali Martinez predicted Ripple (XRP) could reach $0.63 or go higher to $0.65. Martinez based this forecast on Tom DeMark’s (TD) Sequential indicator observations. However, he noted that XRP needs to close above $0.57 to validate the prediction. The TD Sequential indicator has issued a buy signal on the […]

Chainlink (LINK) remains a hot topic even though its price has dropped by 7.63% over the last week, according to data from CoinMarketCap. However, investors and industry analysts have not lost faith in the altcoin’s future. Currently, Chainlink is at $18.56, reflecting a slight increase of 0.56% in the past day, as per the latest […]

Cardano (ADA) has demonstrated a bullish trend over the past few years. Since January, Cardano’s value has seen a 24.64% increase. This jump reflects the cryptocurrency’s solid growth momentum. As of writing, the ADA price noted an upswing of 0.47% over the past 24 hours and is currently trading at $0.5911. In the broader crypto market, […]