Succinct’s PROVE token was listed just hours ago, and it’s already catching attention with a volatile start. After opening around $0.65 (discounting the low from the first errant candle), the token spiked to a high of above $1.5 before retracing to current levels near $1.2. That’s a significant swing for a new listing, and now,…
The crypto gaming market may be out of the spotlight for now, but that’s exactly when traders should start paying attention. While the overall GameFi market cap sits at $12.1 billion, per CoinGecko data, down 4% over the past 24 hours, a handful of crypto gaming coins are showing early signs of positioning for potential…
ZORA’s price has increased 4% in the last 24 hours, driven by a slight rebound in the broader cryptocurrency market. Despite today’s price lift, technical and on-chain readings indicate that this distribution phase remains firmly in play, with bearish sentiment still dominating the market. ZORA’s Bullish Steam Fades Readings from the ZORA/USD daily chart reveal…
XRP hasn’t rallied yet, but it’s hovering near the $3 mark, holding onto a 35% monthly gain. However, the past week has erased more than 5.3% of those gains. And that has left traders unsure whether a breakout is near or another leg down is coming. And with August being historically volatile for XRP, the…
Investor interest is ramping up as speculation grows around two altcoins potentially landing on Coinbase this August. With these listings historically acting as a catalyst for sharp price movements, traders are positioning early in hopes of capitalizing on what’s often called the “Coinbase effect.” MAMO Base Network-based MAMO is one of the altcoins that leading…
Shiba Inu had a fairly underwhelming week, slipping nearly 10% in the last seven days. Despite that, it still holds a 7% gain over the past month. But with the broader market in flux, traders are wondering whether SHIB’s momentum will hold through August or if the token is running out of steam. With that…
The Trump administration will announce the full details of tariffs for most of the world by August 7. These tariff announcements typically trigger volatility across the stock and crypto markets. Hence, crypto’s large holders, commonly called whales, appear to be repositioning ahead of the news and distributing some assets. Uniswap (UNI) Decentralized finance (DeFi) token…
Ethereum’s price has seen some volatility in recent days, driven by broader market uncertainty. While August began on a bearish note, Ethereum managed to recover over the weekend. However, Ethereum’s ETFs faced significant challenges during this period, especially with large outflows on Black Monday. Ethereum ETF Outflows Peak Ethereum ETFs experienced their largest single-day outflows…
The recent Hedera (HBAR) price action has been marked by a recovery attempt after a notable drawdown. Despite showing some signs of a bounce, the altcoin’s inability to gather bullish momentum raises concerns. A key issue is the increasing risk to traders holding short positions, as they face significant liquidation pressure. HBAR Traders Beware Recent…
PI Network’s token plunged to a new all-time low on August 1 and has since entered a period of consolidation, showing little movement in either direction. The lackluster price action reflects a market in limbo, with traders awaiting a decisive move that could set the tone for PI’s next chapter. PI Price Trapped Between Fear…