Bitcoin millionaires surged by 111% in 2024, driven by new ETFs and Bitcoin highs Top crypto hubs like Singapore and Hong Kong benefited from favorable tax policies Despite the recent dip in the cryptocurrency market, a dip accelerated by Bitcoin [BTC] falling below $60k on 28 August, there remains a silver lining. This, thanks to … Read more
DOT/USDT pair breaks and rejects off $5 resistance. Rising open interest and volume increase, signals bullish sentiment. Polkadot [DOT] broke above the $5.0 price level but faced immediate rejection. This price action on the 4-hour time frame highlights DOT’s struggle at this critical resistance point. The $2.5 – $4 range is a psychological level serving as … Read more
XRP has a positive outlook based on the network value metrics. A short-term drop was possible due to the magnetic zones just below the market price. Ripple [XRP] was trading above the mid-range resistance zone and presented a good chance of a rally toward $0.7, the range high. The short-term sentiment was strongly bullish as … Read more
Chainlink breaks out with strong momentum. Historical correlation and incoming altseason to spur LINK’s bull run. Chainlink [LINK] has recently broken through a crucial resistance level at $10.6 on the 4-hour timeframe, achieving an impressive 18.58% return on investment. This breakout was marked by strong momentum, with no immediate retest, signaling potential strength in the … Read more
SHIB’s price surged in double digits last week. However, a few indicators turned bearish on the memecoin. The crypto market remained bullish last week, allowing several cryptos, including Shiba Inu [SHIB], to register massive gains. Thanks to that, the world’s second-largest memecoin managed to break above a bullish pattern, suggesting a further price hike in … Read more
WIF gained over 30% in the last seven days. The largest WIF holders now hold over $70 million in profit. The largest holder of Dogwifhat (WIF) has made waves in the market this week by significantly increasing their token accumulation. This strategic move has allowed the holder to sit on a substantial profit, demonstrating confidence … Read more
Whales were showing confidence in PEPE. A continued price increase might push PEPE to $0.00001 soon. PEPE investors were having a profitable week as the token’s price surged in double digits. Unlike several cryptos, PEPE’s bull rally continued in the last 24 hours too. However, this just might be the tip of the iceberg, as … Read more
The on-chain metrics showed bulls were eager to go long. The age consumed metric signaled caution while other metrics showed. The taker buy/sell ratio shot skyward for Ethereum [ETH] over the past couple of days. This metric tracks the taker buy volume to sell volume ratio. Values below 1 indicate bearish sentiment. Source: CryptoQuant Taker … Read more
PEPE’s price and volume surge indicate renewed market interest. Profitable addresses and bullish sentiment rose as well. Pepe [PEPE] witnessed a 13% rally a day ago, catching the attention of market participants. As of writing, the coin was testing a critical support level around $0.00000076, a level that has historically provided strong resistance. The big … Read more
DOGE rose to trade around the $0.133 price level on the charts Its price hike has pushed the altcoin into a bull trend Dogecoin (DOGE) has seen significant gains over the last 24 hours, emerging as one of the market’s top performers over this period. However, that’s not all as this surge in price also … Read more