Polkadot (DOT) has found itself grappling with a significant challenge – attracting and retaining investor interest. As the digital asset seeks to recover from recent price declines, the lack of attractive risk-adjusted returns and dwindling participation in the futures market have emerged as formidable obstacles. One of the key indicators
April 18, 2024 2 mins read
In a remarkable display of resilience and long-term vision, data has revealed that an impressive 75% of Shiba Inu (SHIB) token holders have held their investments for over a year. This statistic sheds light on investors’ unwavering belief in the token’s potential for growth, marking a significant shift in the
April 17, 2024 2 mins read
The cryptocurrency market has been a battleground of volatility, and Solana (SOL), a prominent digital asset, has found itself in the crosshairs of a relentless bearish onslaught. After a precipitous decline from its yearly highs above $200, Solana’s price faced a severe breakdown, breaching the crucial support level at $175.
April 17, 2024 2 mins read
Cardano (ADA) has witnessed an astonishing 28,372% increase in large holder inflows, a metric that tracks funds entering whale addresses. This surge, which saw inflows skyrocket from 54.93 million ADA on April 13 to an impressive 6.32 billion ADA on April 14, has caught the attention of the cryptocurrency community
April 16, 2024 2 mins read
Ethereum has been struggling as rising tensions in the Middle East and a broader market downturn have injected uncertainty into the crypto space. Despite these challenges, Ethereum continues to attract significant institutional interest, with a stablecoin market cap exceeding $80 billion and nearly $50 billion in total value locked (TVL)
April 16, 2024 2 mins read
The recent market crash caused Binance coin (BNB) price to take a hit, losing ground above the crucial $600 level and breaking below a critical support trendline. This breakdown has shifted the dynamics in the Binance price chart to the bearish side, raising concerns about a potential correction. But these
April 16, 2024 1 min read
The cryptocurrency market has experienced a significant correction over the past weekend, with the industry witnessing high liquidation during this period. Bitcoin, the market leader, recorded a low of $60,979, highlighting the massive bearish influence currently dominating the crypto space. Ripple (XRP) token was not immune to this downturn, recording
April 16, 2024 2 mins read
Despite a period of relative quiet, the dedicated Shiba Inu (SHIB) community has sustained its token-burning campaign, with periodic contributions helping to bolster the deflationary trend. This ongoing effort involves sending SHIB tokens to a dead or burn wallet, permanently removing them from circulation. An anonymous wallet address initiated one
April 15, 2024 2 mins read
The cryptocurrency market has been experiencing a bearish trend in recent weeks, with Shiba Inu (SHIB), seeing significant price declines. However, prominent crypto analytic platform CoinCodex forecasts that Shiba Inu could witness a massive price surge of over 150% by the end of April, despite the current market conditions. The
April 12, 2024 2 mins read
As the highly anticipated Bitcoin Halving event draws near, the cryptocurrency market has been displaying a mix of bearish and bullish sentiment. Despite the market’s increased volatility since the start of the month, the industry remains optimistic about the potential for a bull market in the coming months. Following a
April 12, 2024 2 mins read