Mon, February 3

Can Monero (XMR) Stage a Long-Overdue Rally?

Monero (XMR), the leading privacy-focused cryptocurrency, is trading at $192, marking a 2% decline over the past 24 hours with a 36% drop in trading volume. Over the past week, XMR has slid 3%, remaining 63% below its all-time high (ATH) of $517, achieved in 2018. The token hit a

January 10, 2025 2 mins read

Dogecoin Tests Critical $0.33 Support as MVRV Ratio Signals Potential Buying Opportunity

As the broader cryptocurrency market experiences a correction with Bitcoin dropping to $92K, Dogecoin faces a crucial test of support levels. Currently commanding over 50% of the meme coin segment with a $50 billion market capitalization, Dogecoin’s recent price action reflects the tension between technical weakness and potential value opportunities.

January 10, 2025 1 min read

Backpack’s Purchase of FTX EU Raises Ownership Dispute

Concern about and disputes regarding the sale of now-defunct FTX exchange’s European arm FTX EU to Backpack Exchange. Which is a cryptocurrency trading and wallet company. Backpack had amassed drinking curls based on the purported acquisition of FTX EU by $32.7 million. While the FTX bankruptcy estate showed that the

January 9, 2025 2 mins read

Can Shiba Inu (SHIB) Hold Its Crucial Support Level?

Shiba Inu (SHIB) has hit a weekly low of $0.00002047, recording a 3% decline in the past 24 hours, while its trading volume dropped by 34%. Over the last month, the token has fallen by 24%, reflecting broader market trends influenced by significant selling pressure. The downturn follows a major

January 9, 2025 2 mins read

Can XRP Maintain Its Rally and Reclaim Its All-Time High?

During the Asian trading hours, while the global crypto market is still facing a steep decline since Tuesday, the knock-on effects have not faded. However, Ripple’s native cryptocurrency, XRP, surged around 8% in the last 24 hours. After a significant dip from the $2.50 zone to around $2.21, XRP has

January 9, 2025 2 mins read

Is SUI Rooting for New All-Time High as Bulls Affirm Footing?

The cryptocurrency market has sunk to a bearish trend this past week just hours after inspiring a bull run that reclaimed Bitcoin above $100K. The recent price drop has caused the altcoin sector to show declines as well. Meanwhile, SEC chair Gary Gensler, who is set to resign this month,

January 9, 2025 2 mins read

Is Cardano Primed for a Rally or Another Pullback?

Cardano (ADA) has experienced a volatile week. Its price dipped to a low of $0.91306, marking a 6% drop in the past 24 hours. Despite this downturn, trading volume surged by 25%, indicating increased market activity. Over the past month, ADA has declined by 7%, but a 15% rally in

January 9, 2025 2 mins read

Can Solana (SOL) Find Its Footing After the Recent Setback?

The global crypto market has been shaken by a strong bearish pullback, losing 6.58% over the past 24 hours and bringing the market cap down to $3.35 trillion. The altcoin, Solana (SOL) has been hit hard, plunging by 8.32%. Solana is struggling to clear the $200 zone and has begun

January 8, 2025 2 mins read

Is DOGE Recent Decline Setting the Stage for a Rally?

Dogecoin (DOGE) has seen a rollercoaster of activity over the past week, marked by dramatic price movements and a surge in whale transactions. After reaching a 20-day high of $0.3968, the meme-inspired cryptocurrency retraced by 10% within 24 hours, trading at $0.3496 at press time. DOGE remains 53% below its

January 8, 2025 2 mins read

Galaxy Digital Offloads $12.4M ENA Amid 14% Price Drop

Galaxy Digital deposited 4.46 million ENA ($4.92 million) to Binance nine hours ago, continuing a major selloff. Over the last 29 hours, they offloaded 10.85 million ENA ($12.4 million) at an average price of $1.144, generating a $2.37 million profit. In total, three whales, including Galaxy Digital, have transferred 25.81

January 8, 2025 2 mins read
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