Fri, February 21

XRP Faces Substantial Decline Post Failing to Clear Above $0.64 Mark

David Schwartz, chief technology officer of Ripple, has tweeted more details on XRP Ledger’s (XRPL) clawback feature. The significance and utility of this feature have been clouded by Schwartz’s recent insights, which have contributed to the ongoing debate within the XRP community. Schwartz claims that fixing errors in the ledger

August 11, 2024 2 mins read

Solana Faces Brief Correction as Price Finds Resistance Around $163 Mark

According to blockchain data tracker Whale Alert, Binance, a prominent cryptocurrency exchange, received a large transfer of Solana. A tweet from Whale Alert states that Binance received 154,912 SOL, with a value of $23,928,285. However, the wallet’s identity remains unidentified. When they plan to sell or trade their assets, whales—large

August 11, 2024 1 min read

Cardano (ADA) Lags Behind Other Top Crypto’s in Current Market Recovery

In the midst of a broader cryptocurrency market resurgence, Cardano (ADA) finds itself in a precarious position, failing to match the upward momentum of its peers. Currently occupying the tenth spot in the global cryptocurrency rankings with a market capitalization of $11.63 billion, ADA’s performance has raised eyebrows among market

August 8, 2024 1 min read

Bitcoin Cash (BCH) Attempts Recovery After Closing Above Key Support Level

Bitcoin Cash (BCH) finds itself at a critical juncture as it endeavors to stage a comeback following a period of market turbulence. Currently trading in the $320 range, BCH has managed to hold above a crucial support level that previously cushioned its fall during July’s market downturn. The recent market

August 8, 2024 2 mins read

Solana Eyes $150: SOL Climbs To Major Resistance

Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, staging a major recovery after a steep decline. The fifth-largest cryptocurrency by market capitalization has rebounded from its recent low near $110, marking a dramatic turnaround that has caught the attention of market participants. Solana shows major

August 7, 2024 2 mins read

Polkadot Plunges Amidst Market Drop: DOT Struggles To Reclaim $5

Polkadot (DOT) finds itself at a critical juncture following a tumultuous week in the cryptocurrency markets. The digital asset’s value has seen a major erosion, plummeting over 10% in just seven days. This downward spiral culminated in DOT briefly trading below the psychologically important $5 threshold, a level not seen

August 7, 2024 2 mins read

Tron (TRX) Investor Behavior Shows Interesting Pattern

Tron (TRX), despite its historical resilience, has not emerged unscathed from the recent cryptocurrency market correction. The digital asset has recorded a 10.51% decrease in value over the past seven days, coinciding with Bitcoin’s descent below the $50,000 threshold. However, recent hours have shown signs of a modest recovery, prompting

August 6, 2024 2 mins read

Solana’s Trajectory In Question As Institutions Back Down

Solana (SOL) has recently encountered substantial headwinds, mirroring the broader cryptocurrency market’s downward trend. The digital asset’s value has seen a notable decrease over the past ten days, prompting a reassessment of its market position by various stakeholders. Solana Institutional Investors Respond to Market Shifts According to data from CoinShares,

August 6, 2024 1 min read

VeChain Plunges Amidst Market Drop: VET Tests Crucial Level

VeChain (VET) finds itself caught in the throes of a market-wide downturn, grappling with a staggering 36% price erosion. This dramatic devaluation has thrust the altcoin into a precarious position, teetering on the brink of a crucial support level at $0.020.  VeChain paints a bearish picture VeChain’s price chart paints

August 6, 2024 2 mins read

Cardano’s Downward Spiral: Analyzing the Storm of Bearish Indicators

Cardano (ADA) has found itself at the epicenter of a market-wide downturn, shattering hopes of an imminent bull run. The digital asset’s value has plummeted to $0.30, a price point not witnessed since the closing months of 2023. Decoding Cardano’s In/Out of Money Around Price (IOMAP) Metric Delving into on-chain

August 5, 2024 2 mins read