A steep 5.07% pullback in the crypto market has triggered sharp declines across assets, dragging them back to their former lows. The Fear and Greed Index lingers at 29, signaling widespread fear. Volatility remains high, with altcoins like SUI experiencing deep losses, shedding over 15.09%. Sui price has encountered downside
The leading DEX on Solana, Raydium (RAY), took the biggest blow and slipped over 33.27%. The drop follows the report that Pump.fun, a Solana-based token issuance platform, is planning to launch its automated market maker (AMM). A replacement of Raydium for its AMM would result in a bearish sentiment for
The crypto market recovery remains stalled despite multiple attempts. Bitcoin is consolidating, while Ethereum shows signs of weakening momentum, hinting at a downturn ahead. Notably, Ripple’s XRP is striving to break out of bearish territory. Analysts forecast that clearing crucial hurdles could trigger an upside correction toward new highs. XRP’s
Notoriety in high-profile rug-pull scam is a big factor in Solana’s poor price performance. Libra (LIBRA) project associated with prominent authorities, have been linked to a Solana wallet, according to reports. These projects reportedly fooled investors into thinking they were making a ton of money, but then they vanished, leaving
The crypto market has faced a major setback following the recent Bybit hack incident, which drained $1.4 billion ETH. Following the hack, liquidations worth $566 million have been observed in the market in the past 24 hours. Moreover, the global market cap declined by 1.98% to $3.17 trillion, while the
XRP has been gaining attention as ETF hopes continue to drive positive sentiment in the market. The asset has surged to $2.7, which follows the U.S. Securities and Exchange Commission’s recent call for public comments on XRP ETF applications from firms such as Canary Capital, CoinShares, and WisdomTree, which has
Cardano’s price appears set for an explosive move, according to prominent analyst Ali Martinez. In a post on X, Martinez asserted that ADA is primed for a 24% move, citing an ascending triangle pattern observed on the asset’s 3-hour candle chart. This technical formation is key to his analysis, with
The crypto market is flashing green, with assets navigating a mix of gains and pullbacks. Meme coins are riding the wave, pushing their market cap to $76.7 billion with a 3.4% surge. Notably, Dogecoin (DOGE), the leading meme coin, has inched up with a modest gain of over 0.47%. The
Cardano has reached a key milestone in its transition toward decentralized governance. During a video broadcast on Tuesday, founder Charles Hoskinson revealed that the interim Cardano Constitution has been officially replaced following a successful ratification vote. The new document received 85% approval from the community, marking a significant step for
Aptos price fell 26.06% last month and tested the previous $5.50 low. However, the buyers of APT succeeded in defending the $5.50 support and showcased a minor recovery. It indicates that bulls are getting active and trying their best to reverse the APT price trend in an upward direction. Presently,
