ApeCoin Faces Strong Resistance As Bears Seize Control At $1.755

ApeCoin is facing a tough setback as bearish momentum intensifies, with the price hitting a strong resistance at $1.755. After an attempt to push higher, the bulls have lost ground, allowing the bears to take control and halt the upward movement.  Particularly, this key resistance level has emerged as a significant barrier, signaling a potential… Continue reading ApeCoin Faces Strong Resistance As Bears Seize Control At $1.755→

$13 Billion Bitcoin ETF Surge: US Institutions Lead The Charge

American institutions are making ripples in the cryptocurrency market, having invested a staggering $13 billion in spot Bitcoin ETF shares since its inception in January 2024. Many people are surprised by this move, given that traditional financial institutions were first hesitant to enter the world of digital assets. According to CryptoQuant CEO Ki Young Ju,… Continue reading $13 Billion Bitcoin ETF Surge: US Institutions Lead The Charge→

Brace For Impact: Court Orders Massive LUNC Burn As Part Of $4.5 Billion Settlement For Terraform Labs

The Terraform Labs to burn the tokens in their possession.  Court Orders LUNC Burn As Part Of Terraform Labs Settlement Terraform Labs is set to carry out LUNC burns as part of its $4.5 billion settlement with the US Securities and Exchange Commission (SEC). These burns must be carried out before the end of this… Continue reading Brace For Impact: Court Orders Massive LUNC Burn As Part Of $4.5 Billion Settlement For Terraform Labs→

Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive

Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000, a crucial level determining its next move. Key data from CryptoQuant reveals… Continue reading Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive→

Uniswap Processes Over $2 Trillion On Ethereum: UNI Bull Run Inevitable?

Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that the DEX has processed over $2 trillion in cumulative volume on the Ethereum mainnet. The steady climb… Continue reading Uniswap Processes Over $2 Trillion On Ethereum: UNI Bull Run Inevitable?→

XRP Price Flashes Bearish Signals: Are More Losses Coming?

XRP price is moving lower below the $0.5500 level. The bears might gain strength if there is a close below the $0.5200 support zone. XRP price is correcting gains below the $0.5500 zone. The price is now trading below $0.5450 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming… Continue reading XRP Price Flashes Bearish Signals: Are More Losses Coming?→

Ethereum Price Battles to Bounce Back: Is a Recovery Coming?

Ethereum price struggled to continue higher above the $2,750 resistance and corrected gains. ETH is now struggling to start a fresh increase above $2,650. Ethereum started a downside correction below the $2,650 support. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line… Continue reading Ethereum Price Battles to Bounce Back: Is a Recovery Coming?→

Cardano’s Pullback Short-Lived, Fresh Rally Underway For ADA?

Cardano (ADA) has made a strong comeback, with bulls stepping in to reverse the recent pullback and drive a fresh rally. After a brief period of downward pressure, the cryptocurrency is gaining traction once again, sparking renewed optimism among traders and investors.  With positive momentum building, Cardano is showing signs of further upside movement, positioning… Continue reading Cardano’s Pullback Short-Lived, Fresh Rally Underway For ADA?→

XRP Transactions Fall, But Active Wallets And DeFi Liquidity Tell A Different Story

XRP, the sixth largest cryptocurrency by market capitalization, has seen an interesting trend in its transaction activity, despite a few notable declines in other metrics. A recent key trends within the XRP ecosystem, offering insights into the activity happening behind the scenes. The analyst particularly revealed where XRP transactions are used by category activity. XRP… Continue reading XRP Transactions Fall, But Active Wallets And DeFi Liquidity Tell A Different Story→

Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?

After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics platform CryptoQuant, BTC transactions worth less than $10,000 are rising, reflecting a shift in the market’s sentiment from risk-averse to risk-on.… Continue reading Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?→