Category: Crypto
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Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?
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Ton Coin (TON) now appears to have entered a notable phase in the market cycle, presenting potential opportunities for investors. Modern analysis CryptoQuant analyst João Widson highlights that TON has moved into a risk zone favorable for accumulation, as indicated by the Normalized Risk Rating (NMR). This measure evaluates asset…
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SOLX Hits $5M on Presale, Fixes Solana Congestion
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Just four days after achieving its $4 million goal, new presale venture Solaxy (SOLX) has reached $5 million. Ten days is an amazing pace to raise millions in funding. So what makes Solaxy special? Good, Solaxy It is Solana’s first layer 2 solution focused on meme coins. This means that…
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Solana Sees Consistent Capital Inflows Since 2023 – Liquidity Influx Signals Growth
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Solana has made an impressive recovery, rising more than 14% from recent local lows, and showing resilience after a period of correction. This renewed momentum has reignited investor optimism, putting Solana into prominence in the cryptocurrency market. Key metrics from Glassnode reinforce this sentiment, revealing that Solana has consistently maintained…
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Shiba Inu Burn Rate Surges 42% On Christmas Day, Price Follows With 3.5% Increase
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The Shiba Inu ecosystem saw an increase in SHIB burning endeavors in the 24 hours leading up to Christmas Day. According to data from Shibburn.com, a Shiba Inu burn tracker, the meme coin saw a 41.87% increase in the number of Shib tokens burned compared to the previous 24-hour time…
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Inverse Head And Shoulders Pattern Says ETH Will Touch $12,000
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This article is also available in Spanish. Ethereum price is showing signs of a breakout, as identified by an analyst Inverted head and shoulder formation On a 6-month long term price chart. This bullish formation has fueled expectations that Ethereum could rise to $12,000 soon, marking a significant milestone. New…
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Ethereum Price Approaches Critical Resistance: A Turning Point?
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This article is also available in Spanish. Ethereum price started a recovery wave from the $3,220 support level. ETH is now recovering from some losses and may rise if it crosses the $3,550 resistance level. Ethereum has started a new surge above the $3,350 area. The price is trading above…
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XRP Price Battles Key Hurdles: Can Bulls Prevail?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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XRP Price Battles Key Hurdles: Can Bulls Prevail?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Meme Coins Are #1 Trend in 2024
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2024 is officially the year of the degins. CoinGecko traffic analysis revealed that memes captured 31% of investor attention. This means that every third user prefers DOGE and PEPE over BTC. Solana, which hosts tokens such as BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is the runner-up…
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Meme Coins Are #1 Trend in 2024
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2024 is officially the year of the degins. CoinGecko traffic analysis revealed that memes captured 31% of investor attention. This means that every third user prefers DOGE and PEPE over BTC. Solana, which hosts tokens such as BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is the runner-up…
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DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
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This article is also available in Spanish. According to A a report Published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols saw a sharp decline in exploits in 2024, while centralized finance (CeFi) platforms doubled their losses due to security breaches. DeFi platforms demonstrate better security mechanisms In…
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Bitcoin Dominance Breakdown Confirmed – The Next Altseason Is Right Around The Corner
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Bitcoin is struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting development to the cryptocurrency market. While Bitcoin faced selling pressure and volatility, altcoins stole the spotlight, with many posting impressive gains of over 10%. This shift indicates a potential…
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Solana (SOL) Gearing Up: Is a New Surge on the Horizon?
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Solana remained stable above $175. SOL price is now recovering from its losses and facing hurdles near the $200 and $205 levels. SOL price started a new increase after testing the $175 area against the US Dollar. The price is now trading above the $190 level and the 100 hourly…
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Avg Active Users Jumped 10% In 2024
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On-chain data shows that the Litecoin daily active addresses index has seen a significant increase this year compared to the last index. The average active addresses for Litecoin have increased significantly this year In new mail On X, market intelligence platform IntoTheBlock discussed the year-on-year growth in daily active addresses…
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Bitcoin Price Comeback: Can It Regain Ground?
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This article is also available in Spanish. Bitcoin price started a recovery wave above the $95,000 level. Bitcoin may continue to rise if it crosses the $100,00 resistance area. Bitcoin started a good upward movement above the $95,000 area. The price is trading above $95,000 and the 100 hourly simple…
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Crypto Staking Classified As Taxable By IRS Amid Legal Dispute
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The US tax regulator, the Internal Revenue Service (IRS), has reaffirmed its position on cryptocurrency staking, clarifying that rewards generated from staking activities are subject to tax once they are received. The IRS added that staking bonuses do not constitute new property and are therefore subject to immediate taxes upon…
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Analyst Sees ‘Highly Bullish’ 2025, Is The Bleed Over?
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This article is also available in Spanish. Ethereum (ETH) has started to climb some levels after falling to the $3,100 support area last week. The second-largest cryptocurrency is trying to break out of its downtrend, with some market watchers suggesting it is poised for a massive rally in 2025. Related…
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Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why
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Bloomberg latest a report It revealed that in 2024, Singapore has managed to establish itself as a leading digital asset hub in Asia, overtaking Hong Kong in “regulatory efficiency and attractiveness” for cryptocurrency companies. In particular, the city-state has issued 13 cryptocurrency licenses this year, more than double the number…
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Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
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Bitcoin has recently seen mixed market movements, with analysts closely guarded Watching On-chain data to understand the short-term path of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows to exchanges remain elevated. This trend indicates a…
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Russia To Ban Crypto Mining In Key Regions Starting 2025
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According to local reports, the Russian government will ban cryptocurrency mining activities in ten major regions following the recent passing of new laws related to the industry. It will also implement seasonal bans on other regions and may add more regions to the list amid the ongoing electrical crisis in…