Terra Luna Classic (LUNC) is once again in the spotlight as Binance extends its support for the network’s latest upgrade. This significant development has fueled speculation about a potential price breakout for LUNC, despite prevailing bearish trends in the broader cryptocurrency market. Binance’s endorsement, coupled with crucial updates to the […]
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The cryptocurrency market has suffered extreme volatility following a sharp global stock market downturn on Tuesday. Bitcoin (BTC) dropped below $87,000, while major altcoins, including Ethereum (ETH) and Chainlink (LINK), faced similar declines. Massive Liquidations Hit Crypto Market According to Coinglass data, the past 24 hours have seen a staggering […]
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Ethereum (ETH) has experienced a sharp downturn, crashing to $2,300 in the past 24 hours—a staggering 13% decline. This dramatic drop follows Bitcoin’s dip below $90,000 as U.S. markets opened for the week. According to CoinMarketCap data, ETH is currently trading at $2,420, having briefly plummeted to $2,330 in today’s […]
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In a major step towards regulatory compliance, cryptocurrency exchange OKX has reached a settlement with the U.S. Department of Justice (DoJ). The agreement includes an $84 million fine and the forfeiture of $421 million in user fees, marking the end of a lengthy investigation into the firm’s operations. We cooperated […]
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A recent tweet from Vandell Aljarrah, co-founder of Black Swan Capitalist, has sparked renewed discussions on the power of early positioning in the crypto market. His analysis underscores how strategic investments in select altcoins, such as XRP, have yielded exponential returns since their lowest prices in 2020. If you had […]
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SUI’s impressive rally in late 2024 saw the cryptocurrency reach an all-time high of $5.37 on January 4, 2025. However, the momentum quickly faded, leading to a staggering 48% decline in less than two months. As of February 2025, SUI’s attempt at a recovery has failed, with bearish pressure overwhelming […]
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Cardano (ADA) has struggled to regain bullish momentum after facing rejection at $1.23 on Jan. 20. Despite an initial rally above $1, the cryptocurrency has since been confined within a descending channel, signaling a potential continuation of the downtrend. ADA’s Technical Challenges A descending channel, characterized by lower highs and […]
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The ongoing Bitcoin downtrend may be influenced by short-term holders (STHs), who appear to be changing their stance as the market shifts. Their hesitation in taking profits or cutting losses could dictate Bitcoin’s next major price movement. Bitcoin Investors Fear Losses The Short-Term Holder Spent Output Profit Ratio (STH SOPR) […]
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Hedera (HBAR) is showing mixed signals as technical indicators suggest both bearish pressure and a potential bullish reversal. The Ichimoku Cloud hints at an upcoming breakout, while the BBTrend indicator reveals a failed bullish attempt. Traders are closely watching key resistance and support levels to determine HBAR’s next move. BBTrend […]
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Pi Network (PI) is currently consolidating within a symmetrical triangle pattern on the 1-hour chart, following an extended impulsive wave. This structure aligns with wave (iv) in the broader Elliott Wave count, suggesting a potential bullish breakout to complete wave (v) of the ongoing cycle. Technical Analysis: Key Levels and […]
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