Recent developments in the world of cryptocurrency have shown that Ethereum has entered oversold territory, signaling a potential price rally on the horizon. Crypto analyst Titan of Crypto highlighted in a recent post that Ethereum is ready for liftoff, as it historically sees a rally whenever the relative strength index (RSI) is in or near
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The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has recently dropped to its lowest level in the year, resembling the statistics from back in October 2023. This particular decrease in UTXOs aligns with the current downward trend in bitcoin’s price and the broader crypto market. It’s crucial to note that analyzing UTXOs is
Toncoin (TON) was once riding high on a bull run at the beginning of 2024, reaching an impressive all-time high of nearly $8.20 in mid-June. However, the tides quickly turned towards the end of August, leading to a 40% decrease in price, settling around $4.80. The downfall can be attributed to negative news surrounding Pavel
The recent release of the US jobs report has caused a stir in the financial markets, particularly in the cryptocurrency sector. Contrary to general expectations of over 160,000 job positions to be filled, the report revealed that local employers added only 142,000 new jobs in August. This shortfall has led to speculation about the future
In a recent video analysis, Dan Gambardello, a well-known crypto analyst with a substantial YouTube following, explored the potential future of the Cardano (ADA) price against the backdrop of looming fears of a US recession. The current economic discourse surrounding a possible recession has sparked anxiety among ADA holders and crypto investors at large, setting
A recent federal judge ruling has denied Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders, accusing the US crypto exchange of misleading investors about the likelihood of being sued by the SEC. The lawsuit, filed on May 10, 2023, alleges that Coinbase and its executives defrauded shareholders by downplaying the possibility of
Arthur Hayes, co-founder of BitMEX, recently made a bold prediction regarding the immediate future of the Bitcoin price. He expressed his pessimistic view on his X profile, stating that he is aiming for a price below $50,000 for the upcoming weekend. Hayes even mentioned that he took a “cheeky short” position, acknowledging his risky move
The ApeCoin ecosystem has recently unveiled a Blueprint that will shape its future growth and development. The introduction of ApeChain, the underlying blockchain layer of the ecosystem, is set to revolutionize the experience for both developers and users within the ecosystem. ApeChain aims to enhance the visibility of decentralized applications (dApps) in the ecosystem, improve
One of the key narratives that have shaped the crypto market this year is the discussion around crypto whales – large holders of bitcoin and other major cryptocurrencies. These whales have been noted to have a significant impact on prices, with concerns raised about potential market manipulation during price declines. However, it is essential to
The recent hack of Indian crypto exchange WazirX, resulting in the theft of over $235 million, has taken a new turn. The hacker responsible for the breach has managed to transfer approximately $10 million through sanctioned Tornado Cash in the past 24 hours. This alarming development was reported by blockchain security firm Cyvers, shedding light