Rumors have been flying around about whether to expect an impending altcoin season. Ethereum’s performance has been exceptionally high. China recently announced an economic stimulus, and the US Federal Reserve is expected to cut interest rates in September. Yet, according to an expert from the Coinbase-acquired crypto exchange Deribit, altcoin season remains on hold. The…
Ethereum’s market cap is currently a quarter of Bitcoin’s. Yet new institutional research shows the altcoin can outpace BTC in total market capitalization soon. Analysts argue that treasury firms and ETFs fuel a demand cycle that could make Ethereum the leading digital asset within the next one to two market cycles. Trend Research, a research…
Following July’s market-wide uptick, August has introduced a pointy pullback, with many digital property both consolidating in tight ranges or sliding decrease amid lackluster buying and selling exercise. This shift in momentum has fueled uncertainty amongst retail buyers, however on-chain information reveals crypto whales are nonetheless actively positioning themselves for positive aspects in September. Arbitrum…
Stellar (XLM) worth has traded flat over the previous 24 hours, exhibiting only a 0.3% transfer. Over the past 7 days, it slipped about 2.8%, however on a three-month view, it’s nonetheless up greater than 35%. The longer uptrend leaves some hope, however one basic drawback has capped momentum: weak DeFi exercise. DeFi Underperformance Limits…
Venezuela and the US are in a naval standoff, as President Trump sent a small fleet near the country. The direct risk to crypto seems low, but conflict could impact US fiscal policy, market liquidity, and commodities prices. Bitunix, a decentralized exchange, exclusively shared some data and analysis with BeInCrypto. US-Venezuela Cold War In Motion?…
Story (IP) is among the standout performers in today’s market, with its price soaring nearly 10% in the past 24 hours. Despite the price rally, on-chain indicators suggest caution, as sustained buying pressure may not fully support the surge. Bearish Divergence Hits IP Despite Price Surge IP’s Chaikin Money Flow (CMF), which tracks the volume-weighted…
The Pi Coin price has struggled to impress traders lately. The token traded flat over the last 24 hours and was down about 3.4% over the past week. On a one-year scale, Pi Coin’s performance has been even weaker, with losses of more than 61%. The steady downtrend makes the latest technical signals stand out…
Google’s Layer 1 blockchain for financial institutions appears to have become a reality, with the Google Cloud Universal Ledger project currently running in a private testnet phase. This information emerged from a social media post by Google’s Head of Web3 Strategy, marking a significant development in the blockchain infrastructure. Designed for Institutional Demands The newly…
Ripple’s XRP has been consolidating in a horizontal channel since August 18, but market momentum appears to be shifting in favor of the bulls. On-chain data highlights a steady uptick in the demand for the altcoin, suggesting that, despite the relative balance between bears and bulls, buying pressure is beginning to make a comeback. Range-Bound…
At press time, the HBAR price was trading near $0.240 after rebounding almost 3% in the past 24 hours. The bounce comes after a weak month where HBAR dropped 16.5%, showing a clear downtrend. On the 7-day chart, gains were over 2%, suggesting the token has only just begun stabilizing. Still, technical and on-chain signals…