Bitcoin may be gearing up for another downturn as on-chain data signals sustained selling pressure. A recent report from CryptoQuant shows an uptick in selloffs among spot and futures traders. If this trend persists, BTC risks sliding below the critical $110,000 price mark. Bitcoin Sell Pressure Intensifies According to a recently published report on CryptoQuant,…
Solana’s price surged to around $216 at press time, marking a 6% gain over the past 24 hours. While the three-month trend remains bullish, this latest move may soon face resistance. Two on-chain clues, exchange balances and SOPR, point to profit-taking. If buyers can force a firm break above the next key ceiling, momentum can…
Jamie Elkaleh, Chief Advertising and marketing Officer at Bitget Wallet, argues that crypto is turning into a lifeline for billions excluded from conventional finance. Think about this: a road vendor in Accra accepts a cell cost at dawn, sends a part of the cash to her mom in one other metropolis by midday, and pays…
Blockchain sleuth ZachXBT has targeted XRP holders, calling them out for constantly preventing further upside potential for the Ripple price. His rebuke comes despite technical analysis showing XRP price could be primed for growth as whales take position. ZachXBT Calls XRP Holders “Exit Liquidity” in Scathing Critique In a series of blunt posts on X…
The Hedera Hashgraph network has recorded a decline in on-chain liquidity, reflected by a sharp drop in its stablecoin market capitalization. This decline reflects a broader slowdown in user activity across the network, which could put additional pressure on HBAR’s price. Liquidity Crunch Hits Hedera According to DefiLlama, Hedera’s stablecoin market cap has fallen by…
DeFi leader Aave has officially launched Horizon Market. The new platform allows institutional investors to borrow stablecoins using tokenized real-world assets (RWAs) as collateral. The move will unlock significant institutional capital for DeFi. Finally, it addresses long-standing regulatory and compliance hurdles that kept many large players on the sidelines. Horizon: First RWA Market for Institutional…
Ethereum reserve entities and spot exchange-traded funds (ETFs) now hold more than 9% of the total ETH supply. According to data from StrategicETHReserve on Thursday, these groups own 9.2% of all circulating Ethereum, a clear sign of growing ETH purchases from the traditional finance sector. Ethereum Treasuries Drive Price Rally The US spot Ethereum ETF…
XRP has been trading quietly near the $3 mark, with minimal movement in the past 24 hours and a modest 3% gain over the past week. Still, it’s up 35.4% over the last three months, signaling a steady longer-term uptrend. Now, a mix of whale activity, shrinking exchange balances, and price action near major levels…
Recent on-chain data shows that the number of DEX traders on Solana has plummeted since October last year. Analysts have presented conflicting arguments to explain this sharp decline. The bearish camp believes traders are abandoning the network, while the bullish side offers alternative explanations. Solana DEX Traders Fall 90% Data from Dune indicates that the…
Solana initiated the voting phase for its highly anticipated Alpenglow upgrade, a sweeping consensus overhaul that could mark the biggest change in the network’s history. The proposal, formally known as SIMD-0326, is now live for validator votes, with over 10% already signaling support. To pass, the initiative needs at least 33% quorum and a two-thirds…