Solana is showing signs of recovery above $120 amid a volatile crypto market. Despite a 14% decline over the past week, SOL has surged 5.98% on March 11, temporarily halting a bearish streak. However, analysts caution that the recovery may be short-lived, as declining revenues and technical sell signals point
The crypto market made a strong comeback in a recovery following lower than expected U.S. inflation readings that eased investors’ worries. Bitcoin crossed the $84,000 barrier, and XRP topped $2.25, with a 2.6% increase in global market capitalization to $2.76 trillion. Why Is the Crypto Market Pumping? The U.S. Consumer
Dogecoin (DOGE) has faced a brutal downturn, plummeting over 70% from its recent high of $0.48434 to a low of $0.14280. However, recent price action and key technical indicators suggest that a potential rebound could be underway. Crypto analyst Ali Martinez has pointed out signs of a Dogecoin recovery. On
Solana approaches the death cross Solana is experiencing strong bearish pressure since it is moving towards a death cross formation. This is when the 50-day moving average crosses below the 200-day MA, which in the past has been used as a sign of a long-term downtrend and increased selling pressure.
StarkWare seems to have bigger plans for Bitcoin despite the weak crypto market. It joined the growing list of firms that have established a Bitcoin strategic reserve. On the other hand, Starknet plans to bridge two major blockchains, Bitcoin and Ethereum, on a single layer 2 network. The firm is
After hitting a nearly two-year low, Kaspa (KAS) saw a sharp recovery in the past 24 hours, soaring over 23% from its low of $0.06106 to an intraday high of $0.07507 before experiencing a slight pullback. As of now, KAS is priced at $0.06895, with a market capitalization of $1.77
The price of Hyperliquid’s HYPE token fell 8.5% following a whale liquidation event that left the protocol’s HLP vault with a $4 million loss. The event triggered speculation about potential manipulation, but Hyperliquid denied any exploit or hack. HYPE dropped to $12.74 before recovering to $13.97. The market cap declined
Japanese investment company Metaplanet Inc. has said it plans to sell 2 billion yen, or about $13.4 million worth of interest-free regular bonds as part of its approach to acquiring Bitcoin. The action makes Metaplanet one of Asia’s largest corporate Bitcoin owners in a repeat of strategies first set by
Sony’s Layer-2 blockchain, Soneium, is collaborating with LINE to bring four mini-apps on-chain. This integration aims to expand Web3 adoption among LINE’s 200 million users. Soneium, Sony’s public blockchain, is integrating mini-apps into the LINE ecosystem. This partnership will enable users to access blockchain-powered applications within the social platform. The
Celestia price has experienced a remarkable 18% price increase in the past 24 hours, bouncing back from crucial support levels. However, the price is still under the bears’ grip as it is trading below 50-day and 200-day EMA levels. TIA price has been under bearish hold since last year. In
