Cryptocurrency intelligence firm ChainArgos has released a detailed analysis highlighting potential irregularities in the token allocations and flows of MATIC, the native cryptocurrency of the Polygon network. The investigation raises serious questions about the integrity of token allocations and suggests a coordinated effort by the Polygon team and Binance to manipulate the price of MATIC.
Bitcoin
Ethereum has recently made a stunning leap, overshadowing Bitcoin with a 14% surge in just two weeks. Surpassing $2,600 for the first time since May 2022, Ethereum has shattered a major psychological barrier. This breakthrough not only confirms the ongoing uptrend but also triggers a wave of technical buy signals, propelling the price even higher.
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant milestone in the history of US trading. These investment funds have already demonstrated increased institutional demand for Bitcoin, with over $800 million in total net inflows and $3.6 billion in trading volume recorded in the first two
Solana (SOL) has made impressive strides in recent years, and there are indications that this promising cryptocurrency could continue its upward trajectory. According to crypto analyst Ali Martinez, SOL may reach as high as $150 in the near future. Martinez points out that Solana is breaking out from a bull flag pattern on the 4-hour
The price of Bitcoin has been enjoying a strong bullish momentum following the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino predicts a potential halt in this upward trajectory. In a recent YouTube video, Pizzino shared his insights on the current market conditions of Bitcoin, highlighting a crucial resistance point that
Shiba Inu (SHIB), the meme-inspired cryptocurrency, has experienced a significant downtrend since the beginning of the month. Its price plummeted by 20% from the yearly open and reached a low of $0.000008735 on January 8th. Although SHIB has recovered by 15% since then, trading at $0.000009763, it is still showing signs of decline with a
The recent approval of a Bitcoin spot ETF in the US has created a significant impact on the cryptocurrency market, resulting in a surge in prices. Among the altcoins, Ethereum Classic (ETC) stands out with an impressive rally of over 50% in the past week. This surge is a result of increased institutional interest in
Crypto enthusiasts have been given new reasons to be optimistic, thanks to a bold prediction made by Samson Mow, former CSO at Blockstream. Mow envisions a massive surge in the price of Bitcoin, which he calls the “Omega Candle,” eventually reaching an astonishing $1 million per coin milestone. This prediction comes at a time when
Crypto analyst Skew has identified key price levels for Dogecoin (DOGE) that could result in profitable opportunities for investors. Additionally, other analysts have shared their insights on the meme coin’s potential price movements. This article will explore the critical price levels, analyst predictions, and the factors that could contribute to a bullish momentum for Dogecoin.
Following the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the crypto community is now turning its attention towards the possibility of XRP ETFs. Steve McClurg, the Chief Investment Officer (CIO) for Valkyrie, has voiced his support for this development. In an interview with Bloomberg, McClurg predicts that
The United States Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving all 11 spot Bitcoin ETFs submitted by the world’s largest asset managers. This move signifies a significant milestone in the maturation of the cryptocurrency market. The approved proposals sought to list and trade shares of a trust that would hold
Ethereum, the second-largest cryptocurrency by market capitalization, is currently displaying indications of a bullish breakout, according to two prominent analysts in the crypto space. World Of Charts has observed that Ethereum exhibits consolidation within a bullish pennant pattern, which typically suggests a continuation of an upward trend. Should Ethereum successfully break out of this pattern,
The US SEC is currently in the final stages of deciding whether to approve Spot Bitcoin ETFs. As this decision looms, the Depository Trust and Clearing Corporation (DTCC) has taken a significant step by officially listing the Spot ETF tickers from investment management firm VanEck. Alongside VanEck, WisdomTree’s Spot Bitcoin ETF ticker has also been
Altcoins have been grabbing the attention of investors as they offer alternative investment opportunities beyond the dominant cryptocurrency, Bitcoin. Santiment, an analytics firm, recently highlighted the altcoins that are displaying bullish and bearish divergences. By analyzing the Relative Strength Index (RSI), Santiment determined the overvalued and undervalued conditions of several altcoins. This article will delve