HBAR briefly rocketed to a five-month high of $0.30 yesterday, driven by the broader rally in the crypto market. However, the rally has been short-lived. Despite the overall bullish sentiment in the market today, HBAR has reversed course, falling nearly 5% in the past 24 hours as profit-taking activity intensifies. HBAR Buckles Under Profit-Taking Pressure…
The crypto market will welcome a major supply of new tokens. Notably, three major ecosystems, Jupiter (JUP), Optimism (OP), and Kamino (KMNO), will release previously locked supply. These unlocks might lead to market volatility and could also influence price movements in the short term. 1. Jupiter (JUP) Unlock Date: July 28 Number of Tokens to…
Crypto inflows extended the multi-week streak of positive flows, pushing month-to-date flows to $11.2 billion. Ethereum (ETH) led the flows, with altcoins outperforming Bitcoin (BTC), which recorded significant outflows. Ethereum Leads Crypto Inflows as Altcoin ETF Speculation Builds The latest CoinShares report indicates that crypto inflows reached $1.908 billion last week, a significant increase from…
The crypto market has been fluctuating between bullish and bearish sentiment throughout the past week. As July draws to a close, a clear trend remains elusive. While some altcoins struggle to gain traction, others are already reaching new all-time highs. BeInCrypto has analysed three such altcoins that could reach a new all-time high in the…
In the final week of July, the total open interest in the crypto derivatives market remains historically high, exceeding $200 billion. Any significant price movement now could trigger massive losses for both long and short positions. However, a few altcoins are showing signs of potential large-scale liquidations this week. Let’s take a closer look at…
CAKE, the native token of decentralized exchange (DEX) PancakeSwap, surged to a 5-month high amidst a broader market rally. Analysts are growing increasingly optimistic that the altcoin could see further gains, driven by BNB’s (BNB) latest uptrend, which propelled it to a new peak just hours ago. Analysts Predict PancakeSwap (CAKE) Growth Amid BNB’s All-Time…
As July ends, traders and investors will keep an eye on August. They will watch several US economic signals that could influence their portfolios. This week’s US economic signals are particularly important with Bitcoin (BTC) eyeing the $120,000 threshold. US Economic Indicators That Could Impact Bitcoin This Week The crypto market is up today, with…
Bitcoin has experienced recent consolidation, with the cryptocurrency holding steady between $117,261 and $120,000 over the last two weeks. This stagnant price action has kept Bitcoin from reaching a new all-time high (ATH). However, signals in investor behavior suggest that the upcoming month could lead to a significant shift, potentially rewriting Bitcoin’s historical price patterns…
The VINE token, a meme coin inspired by the once-popular short video platform Vine, is attracting liquidity and investor attention at the end of July. Most notably, Elon Musk, CEO of Tesla and SpaceX, recently mentioned VINE. He hinted at the possibility of reviving Vine with advanced AI features. VINE Holder Count Surges After Elon…
The XRP price climbed nearly 3% today, showing renewed strength after a quiet week of consolidation. With momentum building across the market and Ethereum closing in on the $4,000 mark, XRP is back in focus, trading around $3.28 and inching closer to a breakout zone that could shift its long-term trajectory. Whale Selling Tapers Off,…