Investing News

Is Cardano Primed for a Rally or Another Pullback?

Cardano Bears Take Control as Short Interest Surges and Whale Activity Declines

Cardano’s recent market behavior presents an interesting case study in shifting market sentiment. The cryptocurrency’s sideways price action has triggered a notable change in trader positioning, with futures market participants increasingly taking bearish stances through short positions, suggesting growing skepticism about near-term price appreciation. Understanding Cardano Market Psychology The convergence

January 22, 2025 1 min read

Is Solana (SOL) Losing Its Grip After Plunging Below $145?

Solana Shows Signs of Recovery as Market Sentiment Shifts from Distribution to Accumulation

After experiencing a 14% decline from its all-time high of $295.83, Solana enters what appears to be a new accumulation phase. This shift becomes particularly significant when we consider the reversal from yesterday’s substantial $137 million outflow, suggesting that market participants are transitioning from profit-taking to position building. Understanding Solana

January 22, 2025 2 mins read

Crypto Volatility Surges With $1.28B Liquidated After Trump’s Speech

The cryptocurrency market experienced heightened volatility as Donald Trump was inaugurated as the 47th U.S. President. His speech, which omitted any mention of bitcoin or crypto policies, triggered widespread sell-offs. According to Coinglass, total liquidations surged to $1.28 billion, affecting over 386,000 traders. Long positions bore the brunt of the

January 21, 2025 2 mins read

DOGE Plunges 9% Despite Elon Musk’s ‘Doge to Mars’ Remark

The crypto market failed to turn green even a day after Donald Trump’s inauguration. The largest asset, Bitcoin, continues to stay at $102K. Particularly, the prominent meme coin, Dogecoin (DOGE), has seen a notable price drop of over 9%. The recent bullish price pattern of Dogecoin price has signalled a

January 21, 2025 3 mins read

Chainlink Eyes $20: Will LINK’s Momentum Push It Higher?

Can Chainlink (LINK) Eye the $30 Mark After Surging Over 12%?

With the crypto market cap losing over 2.54%, reaching $3.54 trillion, all major assets exhibit mixed price actions. The largest asset, Bitcoin (BTC), traded within the $102K range. Notably, among the altcoins, Chainlink (LINK) has recorded a 12.37% gain over the past 24 hours. LINK chose to trade on the

January 20, 2025 2 mins read

Will LINK Sustain Its Momentum or Face a Pullback?

Chainlink’s native token, LINK, has experienced a notable surge, reaching a 10-day high of $24.21. This upward movement represents an approximate 13% increase over the past 24 hours and a 43% boost in trading volume. Despite this recent uptick, LINK remains down 12% over the past month. Technical analysis suggests

January 17, 2025 2 mins read

XRP Early Investors and the Rich List: Small Holdings, Big Potential

What is Fuelling XRP Bull Run as Price Surpasses $3 Milestone?

The crypto community continues to rejoice in the upward momentum in the market over the past few days. Bitcoin has finally risen to the $101K level after days of consolidation. The timing couldn’t be better, as one of the external factors contributing is Trump’s inauguration day approaching. This has inadvertently

January 17, 2025 2 mins read

Is Solana (SOL) Gearing Up for a Major Rally?

Solana Balance at $202 as MVRV Approaches Critical Zone Amid Network Recovery

Solana’s recent price action presents an interesting study in market psychology as the cryptocurrency rebounds from its dip below $170. The recovery to $202 marks a significant technical achievement, though the sustainability of this bounce depends on the delicate balance between new investor participation and profit-taking behavior. Understanding Solana Network

January 16, 2025 2 mins read

Ethereum TVL Share Hit Three-Month Low in January 2025

Ethereum dominance is gradually decreasing among blockchains that enable dApp development and DeFi. With the emergence of blockchain networks such as Solana, Tron, Sui, Base, Hyperliquid, Ethereum is losing its share of TVL in the blockchain ecosystem. Even the short bull run we witnessed in December 2024 couldn’t favor the

January 16, 2025 2 mins read

Texas Senator Proposes Bill to Establish the First State-Level Bitcoin Strategic Reserve

Texas Senator Charles Schwertner has announced the submission of Bill SB 778, proposing the establishment of the first state-level Bitcoin strategic reserve in the United States. If passed, this legislation could position Texas at the forefront of the digital economy, fostering economic growth and enhancing financial freedom. The bill likely

January 16, 2025 2 mins read