Bitcoin price analysis: BTC is attempting a recovery above $67,000 as the week that started with immense selling pressure to $65,000 comes to an end. The sell-off in Bitcoin spread across the market impacting major altcoins like Ethereum (ETH) and Solana (SOL) the most. Blockchain data providing insight into Bitcoin’s fundamentals has recently shown that long-term investors […]
Massive Bitcoin Whale Accumulation Ahead of Halving, BTC Price Rally Ahead?
It’s been a phenomenal start to the year 2024 for Bitcoin with the launch of the spot Bitcoin ETFs in January driving strong institutional interest in the cryptocurrency. Since the beginning of 2024, the Bitcoin (BTC) price is up by 53% despite its current fall to the $67,000 level. Bitcoin Whale Accumulation Amid the current […]
Shiba Inu (SHIB) Price Shows Signs Of Recovery, Here’s Why
Following a strong correction witnessed by Shiba Inu recently, the meme coin appears to be regaining an upward momentum in the broader crypto market today, illustrating signs of a price recovery for the SHIB token. This upward momentum noted by SHIB comes riding along a plethora of bullish factors that piqued the interest of crypto […]
Solana Strategy Head Austin Federa On Network Glitch, We Will “Overcome”
Considering the number of outages and network problems that Solana (SOL) has experienced in the last couple of months, Austin Federa, the network’s Strategy Head believes that there is still a way to make the most of the situation. Massive Demand Behind The Network Woes In the last two days, Solana has been challenged by […]
Will Bitcoin Price Extend Its Recovery in April? Historical Insights Say Yes
Bitcoin Price: The largest cryptocurrency market cap, Bitcoin, has been trading sideways for over a month evidenced by the two converging trendlines. The daily chart shows this consolidation as the formation of a pennant pattern— a chart setup that leads to temporary correction to regain strength for the next leap. Should you enter this dip? […]
Memecoins On Fantom? Andre Cronje’s Post Sparks Speculation
An X post from Andre Cronje, a core developer and founder of the Fantom protocol has teased the possibility of welcoming memecoins on the highly scalable blockchain platform in no distant time. Fantom Memecoins May Soon Be a Reality Cronje confirmed that the crypto project has been busy with conducting due diligence on memecoins. This […]
Dogwifhat (WIF) Price Jumps 15% With Trend Reversal Eyeing New All-Time High
Solana-based popular meme coin Dogwifhat (WIF) has surged 15% in the last 24 hours reversing its price trajectory and moving towards its new all-time high above $4.60. This healthy bounceback comes after a week of WIF price correction in April. As of press time, the Dogwifhat (WIF) price is trading at $4.14 with a market […]
Bitcoin Price Peaks Above $72K Pre-Halving, Swelling ETF Flows, Supply Crunch
Bitcoin price is rising and lifting prices across the crypto market with it at the beginning of the week. Although April commenced with dismal performance, as BTC price plummeted to $65,000, the month could gradually pick up the pace to new all-time highs. Bitcoin Halving On The Horizon Bitcoin halving, an event engraved in the blockchain to […]
Ethereum Validator Exit Queue Surges To Record 16400 Amid Celsius ETH Unstaking Plans
Ethereum (ETH) validator exit queue attained an all-time high at 16,400 amid plans of Celsius ETH staking withdrawal. The waiting time for validators in the queue had extended to more than 5 days. This abrupt surge in validator exit queues could be linked to Celsius, the bankrupt crypto lending platform. The crypto lender recently confirmed […]
Bitcoin ETF: Blackrock, Fidelity Enter Top 20 All-Time List Amid Rising Demand
Bitcoin ETFs saw a surge in trading and inflows in the past couple of days. As the demand continues to soar, two of the ETFs have proven to be exceptionally popular. Blackrock and Fidelity Bitcoin ETF have now climbed the ladder to be in the top 20 “all-time high” list, according to Bloomberg analyst Eric […]