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Bitcoin’s price has been on a downward trajectory, with recent data highlighting a significant dip in market performance. Over the past 30 days, Bitcoin has recorded a negative 14.7% performance. Shorter-term trends also reflect bearish momentum, with 7-day and 24-hour performances dropping by 7.3% and 1.6%, respectively. Whales and Sharks Reduce Bitcoin Holdings 📉 Bitcoin's…
Shiba Inu (SHIB) has seen a significant surge in its token burn rate, coinciding with a minor price recovery despite broader market pressure. Over the past week, SHIB’s price has dropped 7.14%, though it recorded a modest 2.4% gain in the last 24 hours, currently trading at $0.00001249. Massive SHIB Burn Sparks Renewed Interest The…
XRP’s price is on the verge of a breakout from a classic descending triangle pattern, fueled by Ripple’s historic regulatory milestone in Dubai and potential resolution of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). XRP Price Poised for 46% Surge XRP has been consolidating within a descending triangle since reaching…
Hyperliquid, a decentralized perpetual futures exchange, witnessed its second-largest single-day outflow on March 12, following a massive Ethereum whale liquidation that resulted in a $4 million bad loan within the HLP Vault. The incident triggered panic among investors, leading to 16 large withdrawals and an overall outflow of $166 million. Whale’s 50x Leverage Bet Ends…
EigenLayer’s EIGEN token has been struggling over the past few months, hitting an all-time low of $1 on March 11, 2025. Despite a slight recovery to $1.10 by March 13, investor sentiment remains cautious. However, a new collaboration with UMA and Polymarket to develop a prediction market oracle could offer a catalyst for future growth….
ONDO (ONDO) has completed a significant corrective phase, forming a descending wedge on the higher time frame. Historically, this pattern signals a bullish breakout, and the current price action suggests that ONDO may be on the verge of a recovery. The lower time frame chart highlights an impulsive wave structure, which, if confirmed, could mark…
Leading cryptocurrency exchange OKX has successfully obtained a Markets in Financial Instruments Directive (MiFID II) license by acquiring a Malta-licensed entity. This significant regulatory milestone will enable OKX to introduce compliant derivative products tailored for institutional clients across the European Economic Area (EEA). However, final approval from the Malta Financial Services Authority (MFSA) remains pending….
The cryptocurrency market is witnessing yet another major development as VanEck, a renowned asset manager, has filed for an Avalanche (AVAX) exchange-traded fund (ETF). According to public records from the Delaware state website, the filing was submitted on March 10 under the name “VanEck Avalanche ETF.” Growing Trend of Crypto ETFs The move aligns with…
The Pepe (PEPE) market witnessed a massive shake-up as three whale wallets—0x7A7D, 0x9212, and 0x7779—scooped up a combined 689.79 billion PEPE tokens, worth $4.3 million. The purchases were reportedly funded through TornadoCash, a privacy-focused protocol, adding a layer of intrigue to the transactions. Whale Buys Signal Bullish Momentum Leading the charge, wallet 0x7A7D made the…
Grayscale Investments, a leading digital asset management firm, has ramped up its focus on Cardano (ADA), signaling a significant shift in institutional interest. The firm has not only accumulated substantial ADA holdings but has also filed for a spot Cardano Exchange-Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC). If approved, this ETF…