Despite the recent negative price development, Polkadot’s (DOT) price is expected to respond positively to the shifting investor sentiment. The likelihood of a breakout is significant, as the altcoin is currently trading within a descending channel pattern, which could set the stage for a potential rally. Chaikin Money Flow Indicates
On Tuesday, spot bitcoin exchange-traded funds in the US recorded net inflows, bringing in $31 million. This comes after eleven bitcoin funds saw net withdrawals for seven trading days in a row. SoSoValue data shows that on Tuesday, $49 million came into Fidelity’s FBTC, with Bitwise’s BITB following with $15
One standout contender has emerged as a potential legend in the crypto market — Cosmic Kittens (CKIT). With a meteoric rise in fame, CKIT is poised to rival the iconic status of Pepe (PEPE) and Bonk (BONK). Its much-anticipated presale is yet to launch. Yet, Cosmic Kittens (CKIT) is attracting
The current market conditions may have presented a golden opportunity for patient investors to acquire prominent altcoins such as Solana (SOL), Cardano (ADA), and Shiba Inu (SHIB), as indicated by a reliable technical indicator. This development has sparked optimism among market participants, who are eagerly anticipating a potential rebound in
The total number of Ripple (XRP) tokens held across various cryptocurrency exchanges has reached a major milestone, with the current supply amounting to 2.84 million XRP, which is equivalent to $1.34 million at current market prices. This figure represents the lowest amount of XRP tokens held on exchanges since the
Solana Meme coins are making waves in the ever-evolving cryptocurrency scene, propelled by the emergence of fresh altcoins. Meanwhile, the SUI price is faltering, reflecting a wider market slump despite its robust Layer 1 blockchain infrastructure. On the other hand, BlockDAG is redefining norms, pulling in over $53.5 million in
The crypto market displays mixed signals with significant movements in the largest cryptocurrency by market cap, Bitcoin. BTC went down $59k in the past 24 hours with a 3% decline. Traditionally, declines in BTC influence fluctuations across altcoins and meme coins, yet some of them are bucking the trend and
Paris, France, 24th June 2024, Chainwire
Amidst the most volatile week of 2024 in the cryptocurrency market, the transaction costs for Bitcoin and Ether hit a new low, the lowest in several months. With a low of $1.93 per transaction on June 23, the average Bitcoin transaction fee hit its lowest point since October 2023. The
The CEO of the U.S investment company Ark Invest, Cathie Wood, has stated her intention to cast her ballot for the presumed Republican candidate for president, Donald Trump, who is a former U.S. president. Over the weekend, Kevin Paffrath, a maker of financial information, hosted a conference in Las Vegas,
