The bears are having a field day, pushing the total cryptocurrency market capitalization down by more than $130 billion. This comes on the back of considerable losses from Bitcoin, which dropped by 3% in the past 24 hours. However, the majority of altcoins are having it way worse. Ethereum is down by 6%, BNB by…
TL;DR Dogecoin dropped to $0.20, moving in a $0.23 to $0.20 range during heavy selling. Analysts see support in the long-term channel and a wedge pattern aiming for $0.265. Large holders bought 310 million coins, while Bit Origin added 40 million to reserves. Dogecoin Records Sharp Daily Decline Dogecoin (DOGE) fell 8% in the past…
TL;DR Shiba Inu marks its fifth anniversary, with LUCIE pointing out some of the project’s notable developments throughout the years. Key ecosystem achievements include the launch of the decentralized exchange ShibaSwap and the layer-2 blockchain solution Shibarium. Half a Decade and Counting The popular crypto project Shiba Inu celebrates its fifth birthday today (August 1)….
TL;DR PI collapsed to a new historic low, while the upcoming token unlocks and growing exchange reserves signal further pain for the bulls. Despite the downtrend, PI’s RSI has entered oversold territory near 30, suggesting a possible short-term rebound might be in play. The Free Fall Continues Just a few hours ago, the price of…
XRP is up 400% over the past year, being one of the most impressive large-cap cryptocurrencies by this particular metric. The growth has been spurred by an influx of factors, including strategic moves by Ripple, the relatively positive roundup of the lawsuit with the US Securities and Exchange Commission, and more. Now, Coinbase released its…
Nate Geraci, President of The ETF Store, believes that the world’s largest asset manager – BlackRock – will file for an XRP ETF. If true and if history is any indicator, this could have a long-term positive impact on XRP as an asset, following in the footsteps of ETH and even BTC. BlackRock XRP ETF…
TL;DR XRP fell 8% to $2.91, facing heavy selling as hourly volume spiked sharply. Whales sold $28M daily, after 310M XRP were accumulated ahead of the recent rally. Exchange balances had also declined recently. Analysts see $3.23 as key resistance and $2.80 as a crucial short-term bullish zone. XRP Faces Sharp 24-Hour Decline Ripple (XRP)…
TL;DR PEPE trades near $0.00001126, with analysts warning of a slide toward $0.0000097. RSI near 27 shows oversold conditions as whales increase holdings and exchanges see outflows. The symmetrical triangle pattern suggests a potential breakout, but the price remains under critical short-term support. PEPE Price Drops Amid Heavy Trading Meme-inspired cryptocurrency PEPE fell nearly 9%…
TL;DR PENGU forms a bullish flag with resistance near $0.045 and support around $0.035. Analysts highlight $0.110 target as TD Sequential signals buy and longs face liquidations. Market cap milestones: $0.19 for $10B and $1.10 aligning with Dogecoin’s peak. Bullish Flag Formation Pudgy Penguins’ token, PENGU, is trading near $0.034, with a 24-hour decline of…
TL;DR FTX staked $79M ETH after withdrawing $75M, signaling renewed activity from major crypto players. BlackRock now holds 2.5% of all ETH, adding $375M more through its growing Ethereum ETF. Eleven new whale wallets added 722K ETH since July, with most already staked for the long term. Ethereum ETFs saw $5.41B in July inflows, beating…