Market analyst Ali Martinez has identified the next pivotal Bitcoin (BTC) support levels to watch, as BTC consolidates within a parallel channel amid the latest drop from $43,000. Ali disclosed this in a recent analysis of Bitcoin’s price movements. The seasoned analyst presented a 4-hour chart, detailing a major price drop recorded by BTC. Notably,…
A crypto analyst has hinted at the possibility of VeChain (VET) reaching the $2 mark by 2025, citing its historical performance and pending pivotal developments in the crypto scene. In a recent tweet, a crypto analyst with X username “Raidenx” argued VET’s potential to cancel its two leading decimal values to enter the $1 region….
The popular bankrupt cryptocurrency trading platform Mt. Gox has started repaying its creditors after a series of delays spanning up to a decade. According to reports from some of the beneficiaries of the refund, the repayment has started rolling in. Though there is no official confirmation from the exchange at the moment, the reported repayment…
Solana memecoins such as ANALOS, MELON and, SILLY, and BONK have captured the spotlight of late, recording meteoric records that have turned hundreds of USD to millions in short timeframes. These rallies have come on the back of Solana’s (SOL) general uptrend since October. Currently trading for $114.70, Solana is up 436% from the $21.37…
A newly created address recently withdrew a large sum of XRP from Binance, leading to speculations of an imminent price reaction from the cryptocurrency. In a relatively nascent market such as crypto, whale transactions significantly determine price action both on the short and long-term horizon. At the same time, large withdrawals from cryptocurrency exchanges are…
The digital currency ecosystem has seen a massive inflow of capital that suggests a bullish rally might lie ahead. The crypto ecosystem’s valuation comes in at $1.65 trillion, with Bitcoin (BTC) being the clear leader. To sustain this valuation, new capital has to flow into the ecosystem and uniformly into all forms of asset classes…
Ripple remains a dominant holder of XRP, joined by Ripple co-founders, top cryptocurrency exchanges, and a random whale wallet. Being the sixth-largest cryptocurrency by market capitalization, XRP is one of the most widely held cryptocurrencies. On-chain data shows that there are over 4.9 million active accounts holding the asset, with its total market capitalization hovering…
This article considers the potential returns of $1,000 invested in Shiba Inu (SHIB) every Christmas day since SHIB’s inception. Four Christmas seasons have surfaced since Shiba Inu’s debut in August 2020. While Christmas serves as a season of familial gatherings, indulgent feasts, and the exchange of gifts for numerous individuals, some savvy investors often capitalize…
Billionaire investor Mark Cuban has deposited millions of Polygon (MATIC) to Coinbase in what appears to be a liquidation move. According to data from Spot On Chain, a wallet labeled as Mark Cuban 3 unstaked and deposited a total of 2.826 million MATIC on Coinbase at an average price of $0.91 per token. This transaction,…
As 2023 draws to a close, Ripple could sell over 96 million XRP coins currently being held in its main wallet address. Prominent crypto payment company Ripple has been spending a huge chunk of the tokens unlocked from escrow. Ripple Escrow System For context, the Ripple escrow system, established in December 2017, was programmed to…