Polygon (MATIC) has been under the radar for many months, even amidst wider market turbulence. However, while some perceive that as fading bullish strength spelling bigger declines, the price action seems to actually be setting the stage for an imminent explosion higher. The last time MATIC traded this calmly in
February 22, 2024 2 mins read
BlockFi reportedly transferred nearly $50 million worth of digital assets, including a sizable Chainlink (LINK) position, to leading exchange Kraken. The 2.4 million LINK tokens shifted, worth over $48.37 million, have sparked discussion around the potential price impact ahead. On-chain monitor EmberCN revealed that alongside tokens like UNI, AVAX, and
February 21, 2024 2 mins read
Shortly after Bitcoin tapped new 2024 highs near $53,000 this week, bearish forces reemerged to spark a consolidation pullback across crypto markets. However, top altcoins like Binance Coin (BNB) continue trending upward despite the turbulence, cementing impressive resilience. BNB has added over 60% in value just since December, when uncertainty
February 21, 2024 2 mins read
Solana has witnessed waning investor interest recently, with prices sliding near key resistance around the $100 threshold. The drop aligns with Bitcoin’s own rejection at $53,000 peaks that triggered cascading liquidations across crypto markets earlier this week. On-chain data now warns of additional downsides as bearish momentum builds. In the
February 21, 2024 2 mins read
The XRP price recently broke down from a crucial 440-day ascending support trendline, but has managed to reclaim it this week, raising prospects of a bullish trend reversal materializing soon. The question now is whether XRP can sustain its rally to cement the outlook. Analysis of the weekly price charts
February 16, 2024 2 mins read
Cardano has consistently ranked among the top gainers lately, with its price surging past key levels on the back of Bitcoin’s rally above $52,000. This upside has sparked a noticeable increase in on-chain activity for ADA, pointing to a possible breakout ahead. However, the path upward faces potential pullbacks that
February 16, 2024 2 mins read
The Ethereum price has powered above $2,800 as the wider crypto market uptrend gains momentum. With Bitcoin also attempting a fresh breakout, market participants seem highly bullish on Ether’s outlook – anticipating a move towards $4,000. Anticipation hovers over ETH amid reports of a potential spot Ethereum ETF mirroring Bitcoin’s
February 15, 2024 2 mins read
A prominent Bitcoin maximalist, Chase, recently provided a serious yet contrarian prediction for XRP’s potential price. Running The Bitcoin Express YouTube channel, Chase dismissed notions of XRP reaching $1,000, $589, or even $100 in a video presentation. “Even if XRP had the same market cap as Bitcoin today ($1 trillion),
February 15, 2024 1 min read
Ethereum has shown a strong historical price correlation with Bitcoin. As BTC recently cleared the pivotal $51,000 level, hopes have emerged around Ethereum progressing towards the $3,000 milestone. Multiple on-chain metrics and derivatives market activity point to a potential ETH breakout rally. Investor Confidence and Ethereum Accumulation Grows After slipping
February 14, 2024 2 mins read
A lively debate has emerged around whether Cardano can reach $1 before Bitcoin’s upcoming halving event in April 2024. While Bitcoin recently surged to over $52k, Cardano has lagged behind, fueling discussions around the altcoin’s potential. Bitcoin Halving History Points to Price Rallies Bitcoin halving events, which occur about every
February 14, 2024 1 min read