Over the past week, the amount of money flowing into Bitcoin each week dropped dramatically to $126 million. This decrease was driven in part by the market instability caused by Bitcoin’s upcoming halving and increasing political conflicts in the Middle East. These issues put significant pressure on sellers, causing Bitcoin’s price to fall as low … Read more
Notable occurrence in the cryptocurrency sphere: A significant amount of 390.87 million XRP tokens, equivalent to around $201.1 million, were transferred today to Bithumb, South Korea’s second-largest crypto exchange. This transaction was revealed by Whale Alert and saw the tokens shifting from the wallet identified as “rDxfh” to Bithumb’s wallet labeled as “rrsSU”. Upon closer … Read more
The cryptocurrency market is on the mend, with the total value rising from a low of $2.21 trillion following the crypto downturn to its current level of $2.43 trillion. Investors and traders seized the chance to buy at lower prices during this dip. However, they remain wary given the heightened volatility and apprehension arising from … Read more
This week’s Bitcoin halving has given a fresh boost to the cryptocurrency market, causing prices to rise. Among the Layer 1 altcoins that are performing exceptionally well are Toncoin (TON), Solana (SOL), and Sui (SUI). Their impressive key performance indicators point to significant growth potential. Investing in these altcoins could be a smart move following … Read more
The Solana blockchain hosts two distinct cryptocurrencies, MEW (Cat in a Dogs World) and WIF (Dogewhats), each exhibiting unique characteristics and market behaviors. While both tokens operate on the same blockchain, their supply dynamics and price trends set them apart. MEW has seen significant volatility lately with notable gains and declines, whereas WIF tends to … Read more
In the unpredictable world of cryptocurrency trading, Australian lawyer Bill Morgan has raised worries. He’s specifically pointed out the poor showing of XRP compared to well-known cryptos such as Bitcoin. Over a prolonged period, XRP’s performance has noticeably underperformed. XRP Versus Bitcoin Plummeted On Every Timeframe Bill Morgan’s analysis provides insight into XRP‘s response to … Read more
More recently, Crypto Rover shared his analysis on YouTube about Bitcoin (BTC) going through a consolidation period. He also pointed out that a touch of the Bitcoin price at $71,900 could lead to substantial short sellers getting liquidated. Notably, he brought attention to the considerable accumulation of liquidity near the upper boundary of this range. … Read more
In the past day, XRP has experienced a noteworthy rise of around 7%, bouncing back from a previous drop of approximately 20%. This price recovery, which pushed XRP above the $0.50 mark, might be an indicator of an impending market turnaround for this digital asset. The significant surge in trading volume during this uptick suggests … Read more
Solana (SOL) has every reason to go on a parabolic run as community members are ecstatic following the release of a major congestion fix on the mainnet. According to a new update from the blockchain, a new version upgrade dubbed v1.17.31 has been released and is now available for use by MainnetBeta validators. Over the last … Read more
On April 15, 2023, the meme coins Dogewifhat (WIF) and Cat in a Dog’s World (MEW) from the Solana blockchain experienced significant price increases in the crypto market. Dogewifhat saw a rise of around 15%, while Cat in a Dog’s World surged nearly 90%. These unexpected price jumps coincided with the overall upward trend in … Read more