Recently, Ethereum has experienced a significant bearish trend, characterized by a sharp decline in price after retracing to the lower boundary of a broken wedge pattern. This decline has been further emphasized by the formation of a death cross, indicating a bearish market sentiment among investors. The lack of inflows into spot ETH ETFs has
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The cryptocurrency market has been known for its volatility, and as it continues to experience dips and unpredictable movements, large investors are still actively involved in the space. Data intelligence firm Santiment recently conducted an analysis revealing the top ten crypto projects that have seen a significant increase in whale activity. These whales are investors
Ethereum (ETH) has been facing significant selling pressure and fear in the market after experiencing a 23% decline, bringing its price down to yearly lows at $2,200. One of the factors contributing to Ethereum’s struggle is the declining on-chain activity. Total transaction fees on the Ethereum network have been decreasing, mainly due to lower fees
The recent Bitcoin and crypto market crash has sent prices plummeting into the red across the board. This sudden drop has caused a stir among crypto investors, resulting in a sharp decline in sentiment. The Fear & Greed Index, a key indicator of investor sentiment, has now plummeted into the Extreme Fear territory. The Fear
Recent developments in the cryptocurrency market indicate that Ethereum has entered oversold territory. This could potentially pave the way for a significant price rally, with some analysts predicting that ETH could reach as high as $6,000. Analysts like Titan of Crypto have pointed out that historically, Ethereum tends to experience a rally or a short-term
Trading bots have gained popularity in the financial markets due to their ability to automate trading processes. These computer programs utilize algorithms to analyze market data and execute trades based on pre-set rules. By taking the human element out of trading, bots can operate efficiently in fast-paced markets and make split-second decisions. Market volatility can
Toncoin (TON) has experienced a significant downturn in its price, dropping by 40% from its peak in June. This sharp decline has left a large portion of investors at a loss, with nearly 80% of holders currently seeing their investment in the red. The negative news surrounding the arrest of Pavel Durov, the founder and
The recent data on Bitcoin Unspent Transaction Outputs (UTXOs) in profit indicates a significant decline, reaching its lowest point in the year. This decline is in line with the current downward trend in Bitcoin’s price and the broader cryptocurrency market. According to analysts, this could signal an upcoming massive rally in the market. The analysis
The recently released US jobs report fell short of expectations as the anticipated 160,000 job positions were not met. This news created uncertainty in the market, leading to a surge in Bitcoin price to $57,000. The lackluster job growth numbers highlighted concerns about the direction of the US economy and shed light on what actions
In a recent development, a federal judge has denied Coinbase’s motion to dismiss a class action lawsuit filed by shareholders. The lawsuit alleges that the largest US crypto exchange misled investors about the risk of facing legal action from the SEC. US District Judge Brian Martinotti ruled in favor of the plaintiffs, stating that Coinbase