Wed, February 5

Can Solana Overcome Selling Pressure to Regain Bullish Momentum?

The cryptocurrency market has been in a brief bearish turn over the past 24 hours. The assets have lost their momentum and began to slide down. Nonetheless, the current market volatility is unpredictable, with mixed signals.  Solana (SOL), the fifth-largest cryptocurrency, has faced the downturn and lost over 0.10%. Over

November 2, 2024 2 mins read

Will Bitcoin Break Resistance or Slip Further?

Bitcoin (BTC) recently faced a sharp decline after touching impressive highs. On 30 October, BTC surged to $73,500, continuing its pattern of “Uptober” gains. However, it failed to sustain momentum, slipping below the crucial $70,000 level. As of now, Bitcoin is trading around $69,561, reflecting a slight 0.07% uptick in

November 2, 2024 2 mins read

Is AAVE Price Dip a Buying Opportunity?

AAVE has experienced a challenging 24 hours, with its price dipping 5% to a six-day low of $140 amid a broader market slump. Currently trading at $143, the token has seen an 8% decline in trading volume over the same period, while its weekly performance reflects a modest decrease of

November 1, 2024 2 mins read

WisdomTree’s $599M Crypto Dump Sends Shockwaves

WisdomTree, a leading provider of exchange-traded funds (ETFs) in the digital assets space, has triggered market anxiety with substantial Bitcoin and Ethereum transfers amid a turbulent period for cryptocurrencies. According to Onchain Lens, using Arkham Intelligence data, WisdomTree deposited 8,258 BTC—equivalent to roughly $598.89 million—into Coinbase on October 31. Alongside

November 1, 2024 2 mins read

Gotbit Founder Aleksei Andriunin Indicted Amid Fraud Concerns

The U.S. Department of Justice has indicted Aleksei Andriunin, 26, the founder of cryptocurrency financial services firm Gotbit, in a large-scale market manipulation and fraud scheme. Gotbit, along with two of its directors, Fedor Kedrov and Qawi Jalili, has also been charged in connection with these activities. Andriunin, Kedrov, and

November 1, 2024 2 mins read

Massive Shiba Inu (SHIB) Burn Fails To Reverse Price Drop

The cryptocurrency market has faced a pullback over the past 24 hours, with its market cap plummeting by over3.60% to $2.33 trillion. The largest asset, Bitcoin, which traded above $72.5K, has slipped to $69K. The bearish sentiment affected all the major assets in the market.  The dog-themed meme coin Shiba

November 1, 2024 2 mins read

Will Bitcoin (BTC) Present a Prime Buying Opportunity This November?

Bitcoin’s October phase has ended with a 13% gain, triggering analysts to predict upward momentum in November. BTC enters a period of heightened anticipation, eyeing potential price movements. Despite that, the crypto market cap has reached $2.34 trillion, losing over 3.70%.  The BTC price has slipped by 4% over the

November 1, 2024 2 mins read

Crypto Firms Hit with $400M SEC Enforcement Bill Under Gensler

The U.S. digital asset sector has faced mounting costs exceeding $400 million in dealing with enforcement actions brought by the Securities and Exchange Commission (SEC) under Chair Gary Gensler. The Blockchain Association highlighted this figure, compiled and released in partnership with global markets research firm HarrisX, on Thursday, emphasizing the

November 1, 2024 2 mins read

Can DOGE Drive the Next Memecoin Season?

In the latest market shift, Dogecoin (DOGE) has surged by 14% over the past 24 hours, reaching a four-month high of $0.1684, as its trading volume skyrocketed 119%. This rally comes amid Bitcoin’s surge past the $71,000 mark, which has contributed to renewed interest in the memecoin sector, with DOGE

October 29, 2024 2 mins read

Will SHIB Recent Price Action Lead to Sustained Gains?

Shiba Inu (SHIB) has been experiencing a surge as Bitcoin hit a three-month high, pushing past the $71,000 mark. It jumped 11% in the past 24 hours, with trading volume up 199%. Despite this recent spike, SHIB has seen a 5% drop over the past month, underscoring the volatile landscape

October 29, 2024 2 mins read