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Shiba Inu (SHIB) has once again grabbed the crypto spotlight with a staggering surge in its burn rate. According to SHIBBURN, a platform tracking SHIB token burns, the burn rate has skyrocketed by an astonishing 495.55% in the last 24 hours. This latest development has fueled renewed speculation that Shiba Inu may inch closer to…
Bitcoin [BTC] surged past $85,000 on March 19, as analysts linked the rally to the Federal Reserve’s decision to slow down its pace of quantitative tightening (QT). This move, widely perceived as an ‘indirect interest rate cut,’ has fueled market optimism and reignited bullish sentiment. Fed’s QT Taper Sparks BTC Rally Crypto options trading desk…
The first-ever U.S.-based Solana (SOL) ETF is set to debut on the Nasdaq exchange on March 20, marking a significant milestone for the altcoin market. According to Bloomberg, Volatility Shares LLC plans to introduce two ETFs tracking SOL futures, reinforcing the growing institutional interest in Solana-based investment products. Solana Futures ETFs: A Precursor to Spot…
Uniswap (UNI) has recently rebounded from a critical support zone, showing promising signs of a potential trend reversal. The 4-hour chart indicates a breakout from a prolonged descending structure, while the 1-hour chart reveals key insights into short-term corrective movements and possible next steps. UNI Price Analysis: Breaking the Downtrend UNI had been in a…
Stellar Lumens (XLM) is showing signs of a potential bullish reversal after a prolonged downtrend, with technical indicators hinting at a shift in momentum. Traders are closely monitoring whether XLM can sustain its recovery or if hidden resistance will hinder its breakout attempt. XLM Price Analysis: Key Support and Resistance Levels XLM has been in…
Litecoin (LTC) has struggled in the current crypto market cycle, showing late momentum only in November 2024. However, this surge was short-lived, as LTC peaked in December before declining and creating a lower high in January. Now, with the price closing below $100 in March, concerns over its long-term bullish potential are mounting. Bearish Signals…
AAVE surged to close out 2024, reaching a cycle high of $399 in December. However, 2025 has flipped the script, with the token experiencing a steep decline. While the downtrend has slowed since March, AAVE remains in a precarious position. This week brought a silver lining for AAVE. On March 17, AAVE V3 launched on…
TRON (TRX) saw a notable rebound after dipping below $0.22, climbing over 10% in the past three days to trade at $0.232 at press time. However, despite this recovery, TRX remains below the key resistance level of $0.25, raising questions about its next move. TRON’s Range Formation Signals Caution Since early February, TRON has been…
Pi Network (PI) is facing intense selling pressure as its price plunged 14% over the past 24 hours, reinforcing its bearish trajectory. The persistent downtrend signals growing market pessimism, with traders bracing for further losses. Pi Network Bears Tighten Grip Since early March, PI has been locked in a sustained decline, trading within a descending…
Dogecoin (DOGE) has seen a sharp decline in 2024, dropping over 70% from its December high of $0.48 to its current price of $0.1645. Despite the downturn, onchain data suggests that major DOGE holders are accumulating, hinting at a potential price recovery in the coming weeks. Whales Accumulate DOGE as Network Activity Surges Onchain data…