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The sale of 3,150 Ethereum worth over $6.37 million by a crypto whale is sparking debate on whether investors should take profits after the token’s recent rally. The heavy transaction comes as Ethereum hovers below a technical resistance level that has repeatedly triggered sell-offs historically. According to on-chain data, the
In response to claims that Ripple’s monthly escrow XRP release dampened the cryptocurrency’s price performance over the last five years, legal expert Bill Morgan has cast doubt on that assertion. The ongoing discussion about XRP’s dismal performance over the last five years came to a head when a crypto fan
Cardano’s founder claims that while Ethereum’s co-founder works to rearrange one of its most prominent aspects, Cardano’s current structure seems to be being replicated via the Ethereum blockchain network. Hoskinson maintains the firm belief that Cardano’s status as an industry prototype has gone unrecognized. Charles Hoskinson recently made some bold
Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this
Amidst chatter about the crypto market’s next bull run, a new prop trading platform has announced its launch. The firm, Breakout, has been established by a team of four experienced and prominent industry figures, and aims to set a new standard in evaluation-based prop trading. Interestingly, it will cater not
Solana and most altcoins have been riding the current bullish momentum. Late Tuesday, Bitcoin’s price began to climb as Federal Reserve governor Chris Waller signaled a possible economic slowdown and continued inflation moderation, praising the “right spot” for present policies. Additionally, Waller said that there is a strong case for
Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto
Whales engaged in two major transactions at once, sending XRP tokens to both centralized exchanges and anonymous wallets. In the wake of the rise in whale moves, the price of XRP also saw minor declines. Two huge transactions took place recently, according to the data revealed by Whale Alert. An
The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market
After a large number of Solana (SOL) tokens were transferred to an exchange, worries of a sell-off have increased among the crypto community. Solana pricing after having an extensive bull run has been consistently trading under negative pressure, increasing fears of a major price drop before the year-end. According to
