The Solana (SOL) coin price continues to trade under bearish pressure, despite the increased price volatility observed in the broader cryptocurrency market. The altcoin has repeatedly failed to break out of its resistance zone, indicating a weak price action and a lack of bullish momentum. Since the cross-market correction that
Following a surprising dip in US inflation numbers, the crypto market rebounded. As the Consumer Price Index (CPI) for May revealed inflation cooling quicker than anticipated, Bitcoin surged over 5%. CPI remained steady month-on-month and came in at 3.3% year-on-year, both of which were 0.1% lower than expected. U.S. Bureau
London, United Kingdom, 12th June 2024, Chainwire
Victoria, Seychelles, 12th June 2024, Chainwire
Bithumb, the second-largest cryptocurrency exchange in South Korea, has announced the launch of the Internet Computer Protocol (ICP) Korean Won (KRW) trading market to commence on June 12, 2024, at 20:00. The launch of the ICP-KRW trading pair is expected to provide more possibilities and facilitate liquidity in the market.
While the global cryptocurrency market remains sluggish and is awaiting the release of the US May 2024 Consumer Price Index (CPI) report, which is scheduled for June 12 at 12 p.m. UTC, Baby Doge Coin (BabyDoge) has seen a significant rally, jumping over 38% in the past day from $0.000000001621
Whale accumulation occurs when these significant holders accumulate large quantities of a cryptocurrency. Their actions can signal potential bullish trends, as their investments often lead to increased demand and higher prices. Recently, massive whale accumulation has been observed for Retik Finance (RETIK), a promising rival to Solana (SOL). This trend
Recent growth spurts in Fantom and Notcoin have slowed, leading to price pullbacks. This has diverted investor attention to new projects with potential. BlockDAG, a layer-1 project, has attracted significant inflows with its stellar presale, becoming a preferred destination. Its recent keynote highlighted the technical prowess of the BlockDAG X100
As the price of cryptocurrencies plummeted and liquidations increased, Bitcoin miners made the largest sell of reserves since late March 2024. Bitcoin miners’ stance on holding or selling reserves influences market patterns. There has been a severe ongoing downtrend in the cryptocurrency market, as a number of assets have taken
Ethereum (ETH) price forecasts remain bullish, hinting at a potential breakthrough, signaling strong upward momentum. Amid this hopeful outlook, investors in Render are reconsidering their positions due to market turbulence, eyeing more stable investment ventures. Enter BlockDAG, a trailblazer in blockchain innovation, achieving impressive feats with its presale. With strategic
