Following a tumultuous week for the crypto market, Chainlink (LINK) experienced a surge of over 4%, defying bearish pressure. A key factor driving this uptrend is the increased accumulation of LINK by whales. Data from crypto analyst Ali Martinez reveals that whales have acquired over 6.2 million LINK in the past week, amounting to approximately
Crypto
Binance, one of the largest cryptocurrency exchanges, regularly updates its services to enhance user experience. The recent announcement of delisting BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) is a strategic move to improve the quality of assets available for trading on the platform. Delisting may occur due to various factors such as poor
The recent price action of Bitcoin has sent waves of fear across the entire cryptocurrency market. Many participants are concerned that the long-standing bull market may have finally come to an end. Analyzing the daily timeframe, it is evident that the price has been steadily making lower highs and lows ever since it fell below
In a recent turn of events, the cryptocurrency market has experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum spiking above $3,000. This surge in prices has brought some relief to investors who witnessed losses at the end of the previous week. Along with the major cryptocurrencies, meme coins like Shiba Inu
The cryptocurrency market is currently experiencing a decline on Monday morning, with major coins such as ETH and XRP charting notable decreases. ETH is once again trading below $3K, down 4% on the day, while XRP dropped by 5%. The bulls are now fighting to defend the critical $0.4 level amid the market downturn. Notably,
In the world of blockchain networks, Ethereum continues to reign supreme despite the emergence of newer platforms with lower fees and faster transaction times. Data compiled by Lookonchain indicates that Ethereum has surpassed Bitcoin in terms of 1-year fee revenue, with a staggering $2.728 billion compared to Bitcoin’s $1.30 billion. This demonstrates the unwavering support
Real-World Assets (RWA) have gained significant traction in the cryptocurrency market, with Ondo (ONDO) emerging as the largest coin in this sector. With a current price hovering around $1 and a market capitalization of $1.4 billion, Ondo has established itself as a key player in the RWA space. Since its inception in January, Ondo has
The stagnation of Bitcoin’s price since its peak in March has been attributed to the tight U.S. monetary policy, leading to a reduction in stablecoin supply. Analysts from CryptoQuant highlighted that the tightening monetary policy in the U.S. starting from March 2022 has played a crucial role in this scenario. The overall stablecoin supply started
Bitcoin recently faced a significant correction, with its price dropping below $54,000 for the first time since February. Some analysts interpret this as a potential end to the bull market, while others view it as a normal part of Bitcoin’s growth trajectory. The popular analyst, il Capo of Crypto, advises investors not to “flip bearish”
The cryptocurrency industry is constantly evolving with new and exciting developments emerging on a daily basis. However, this dynamic environment also presents a prime target for hackers and wrongdoers who seek to take advantage of vulnerable individuals within the space. One particular area of concern is within the meme coin sector, where projects like Shiba
The long-awaited restitution for Mt. Gox users in July has sent ripples of uncertainty through the cryptocurrency market. Bitcoin, which has already been experiencing a decline since June, saw further price drops amidst fears of potential sell-offs as funds from the defunct exchange are distributed. Bitcoin Price Fluctuations The price of Bitcoin dipped under $60,000
In recent days, the cryptocurrency markets have experienced a significant correction, with prices dropping by 15% and over $350 million leaving the space. This correction has led to the breaking of monthly support levels and sent crypto assets to their lowest levels since late February. Despite the bearish sentiment that has returned, it is important
The world of cryptocurrency is filled with ups and downs, and meme coins have been at the forefront of attention recently. With the likes of Shiba Inu (SHIB) and Dogecoin (DOGE) making substantial gains, investors and enthusiasts are always on the lookout for the next big meme coin to invest in. Recently, ChatGPT highlighted two
PancakeSwap, a well-known multi-chain DEX platform, has recently announced a community reward program set to take place from July 5 to August 5. This initiative aims to distribute more than 2.45 million zkSync (ZK) tokens to community members as a token of appreciation for their continuous support of the zkSync PancakeSwap deployment since July 2023.