Sat, February 1

Can Ethereum (ETH) Maintain Its Bullish Momentum?

Ethereum is currently trading at $3,397.46, reflecting a daily surge of 1.91%. Its market capitalisation stands at $409.28 billion, maintaining its position as the second-largest cryptocurrency. Over the last 24 hours, trading volume increased by 37.13% to $13.35 billion, resulting in a volume-to-market cap ratio of 3.29%. A significant whale

December 29, 2024 2 mins read

Will Bitcoin Bulls Overcome Key Levels and Trigger a Breakout?

The current price of Bitcoin (BTC) stands at $94,952.42, reflecting a 0.38% increase over the last 24 hours. Bitcoin’s market cap has surged to $1.88 trillion, accounting for 52.17% of the total crypto market dominance. The 24-hour trading volume of Bitcoin is $23.26 billion, indicating a 1.23% volume-to-market-cap ratio.  The

December 29, 2024 2 mins read

Will ETP Launch of FLOKI Propel Its Price to Uncharted Territory?

FLOKI is set to become the second meme coin to launch a regulated Exchange-Traded Product (ETP) after Dogecoin, scheduled to release in Q1 2025. The community has voted in favor of a proposal that will support the liquidity needed for the ETP launch.  The proposal was passed on December 27

December 28, 2024 2 mins read

Is Solana Price Nearing a Critical Turning Point?

Solana (SOL) continues to navigate a turbulent market, trading at $186, reflecting a 3.3% decline in the past 24 hours, with trading volumes dropping 17% over the same period. Over the past month, SOL has seen a 21% dip, raising concerns about its short-term prospects. The asset recently tested a

December 28, 2024 2 mins read

What Do the New IRS Rules Mean for DeFi?

IRS Targets DeFi Platforms with New Reporting Rules The U.S. Internal Revenue Service has recently released a new tax regulation that is going to affect decentralized finance platforms from 2027. The regulations require DeFi brokers to report all the gross proceeds from the sale of digital assets and collect user

December 28, 2024 2 mins read

PEPE Combats Bearish Week and Enters Price Consolidation

With New Year just days away, the sector sees a holiday lull hanging over it. With minimal activity and members retreating for the break, prices have also hit a snag freefalling to previous levels. The overall crypto market has now for the third consecutive day seen price drops. Not to

December 28, 2024 2 mins read

Chainlink Whales Ramp Up Accumulation Despite Price Pullback of Over 6%

Chainlink (LINK), the native cryptocurrency token of the decentralized Oracle network, chose to trade on the downside. LINK has recorded a loss of over 6.10% in the last 24 hours.  In the early hours, Chainlink traded at $23.05. Despite climbing up toward the $25 range, the altcoin has slipped to

December 28, 2024 2 mins read

Is Bitcoin Heading for a Major Price Correction?

Bitcoin [BTC], the leading cryptocurrency, has grappled with bearish market conditions over the past week. Trading at $94,805, BTC has declined by 2% in the past 24 hours, trading volumes surged by 6%. Over the last seven days, Bitcoin has shed 4% of its value, following its recent drop below

December 28, 2024 2 mins read

Shiba Inu Analyst Maintains Bullish Outlook for SHIB Despite Weekly Decline

Despite experiencing an 11% decline over the past week and touching a multi-week low of $0.00001853, Shiba Inu’s market structure maintains elements of bullish potential according to seasoned analysts. The meme coin currently faces resistance at $0.00003343, a level that has proven challenging to overcome in recent attempts. Analyst Perspective

December 27, 2024 1 min read

Bitget Announces $5 Billion Worth of BGB Token Burn in New Whitepaper

The Bitget exchange made a big announcement today in regards to its unified BGB token ecosystem. It has been making headlines for a while now, not only for making big announcements but also for leading to the BGB token price rally. The exchange released a new version of the whitepaper

December 27, 2024 2 mins read
Floating Icon