[ad_1] Este artículo también está disponible en español. Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,335 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 resistance to continue higher in the near term. Ethereum Price Eyes More Upsides Ethereum price started a recovery wave above…
Author: dfrancis36
[ad_1] On-chain data shows the Ethereum Whales have continued to accumulate more cryptocurrency as their supply share has risen. Ethereum Whales Now Hold Around 43% Of The Entire Supply In a new post on X, the market intelligence platform IntoTheBlock shared an update on how the Ethereum supply concentration has been looking for the major holder groups on the network. The groups in question here refer to the divisions of the asset’s userbase based on holding size. IntoTheBlock has defined three main cohorts: Retail, Investors, and Whales. The first of these, the Retail, includes the smallest hands in the sector:…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Dogecoin, the popular meme-based cryptocurrency, has once again captured public attention in recent days despite the bearish trend gripping the broader crypto market. DOGE experienced a brief surge following a cryptic post on the social media platform X (formerly Twitter) by billionaire entrepreneur Elon Musk last week, which appeared to allude to the token, albeit in an indirect way. Despite this temporary rally, the underlying market sentiment toward Dogecoin remains largely unchanged. The reaction to Musk’s post has not been enough to inspire lasting optimism, particularly among major investors. In fact, large holders have been offloading their positions at…
[ad_1] Este artículo también está disponible en español. Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors. Currently, Bitcoin is down 22.7% from its March high, raising concerns over whether this signals the start of a deeper bear market. The decline has shaken confidence, with market analysts now questioning the near-term outlook for the digital asset. Related Reading Bitcoin Price Continous To Struggle, Why? Analysts from IntoTheBlock, a market intelligence platform, have recently…
[ad_1] Recent market analysis has revealed a significant shift in Bitcoin capital flow from short-term holders (STH) to long-term holders (LTH). Particularly, according to CryptoQuant analyst IT Tech, short-term investors have been selling off their positions amid recent market volatility, while long-term investors continue to accumulate. The Current Trend In Short And Long-Term Holders Short-term holders have seen a significant decline in their net positions over the past two weeks, according to the CryptoQuant analyst. Many of these investors have exited the market, either taking profits or cutting their losses, indicating uncertainty about Bitcoin’s short-term price direction. Bitcoin short-term holder…
[ad_1] Este artículo también está disponible en español. With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these cryptocurrencies is near its end and that the alt season is near. Related Reading Investors’ Last Call Before The Altseason Bitcoin (BTC) and Ethereum (ETH) have taken a hit throughout Q3’s market retraces. Since July 1, the…
[ad_1] As disclosed in a recent court filing, Caroline Ellison, the former CEO of Alameda Research, is preparing for her sentencing hearing two years after the collapse of the FTX exchange, once run by her former partner, Sam Bankman-Fried. However, the filing reveals that Ellison is requesting permission to redact sensitive information from her forthcoming sentencing submission, aiming to protect the identities of third parties and her current living situation from public scrutiny. Ellison’s Attorney Requests Privacy Protections Ellison’s attorney submitted the request to Judge Kaplan on Monday, highlighting the need to redact names and personally identifiable information of individuals…
[ad_1] BNB price started a fresh increase and cleared the $500 pivot zone. The price is now consolidating gains and might aim for more gains above $525. BNB price started a fresh increase above the $500 resistance zone. The price is now trading below $510 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $517 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $500 pivot level to start another increase in the near term. BNB Price Settles Above $500 After…
[ad_1] As the general cryptocurrency market is witnessing a rebound, assets like Dogecoin, the leading meme coin are attracting strong optimism from the industry as bullish predictions toward the coin’s potential in the short term are on the rise. Dogecoin’s Path To Major Gains In 2025 With the renewed optimism observed in Dogecoin’s price performance, Dima James Potts, a crypto expert and trader considering the recent movement has predicted a historic surge for DOGE, projecting the biggest price increase as the dog-themed meme coin approaches 2025. Drawing attention to his chart, Dima James Potts pointed out a green and red…