ENS, the governance token of the Ethereum Name Service is witnessing a significant inflow defying the current market uncertainty. Over the last three days, the token has seen a remarkable 32.5% increase, climbing from $17 to $22.7. Analysis of the weekly chart reveals that this upward movement is contributing to the formation of a broader […]

Uniswap Price Analysis: The Bitcoin price upswing above $63000 on Saturday accelerated the recovery sentiment in the crypto market and uplifted several altcoins to double-digit gains. The resurgence of buying pressure bolstered the Uniswap token to rebound from $6.6 support, its second reversal within three weeks. An analysis of the daily chart shows this upswing […]

The recent movements in Bitcoin’s miner reserves have ignited speculation about the BTC’s price trajectory, with some experts suggesting a looming correction to $42,000 before a halving rally. Meanwhile, the anticipation stems from miners’ actions to bolster their balance sheets ahead of April’s halving event, indicating a potential impact on market dynamics. Notably, as Bitcoin’s […]

According to the recent Securities and Exchange Commission (SEC) filing, MercadoLibre, the largest e-commerce platform in Latin America, revealed that its Bitcoin holdings stand at $29 million as of March 31. The disclosure indicates the company’s integration of cryptocurrency earlier communicated in 2021, revealing its participation in digital assets despite the volatile market conditions. Amid […]

Solana price prediction: SOL market trajectory in February 2024 appears optimistic, with the cryptocurrency showcasing a bullish trend. In the last 24 hours, a significant increase of 1.77% has been seen, reaching $95.33. This rise follows a short spell of downward pressure that saw SOL dip below the key support level of $95 the previous […]

Crypto Price Prediction: This week, the cryptocurrency market experienced significant volatility, with Bitcoin displaying a dramatic price fluctuation from a high of $67,441 to a low of $56,500. Despite early week sell-off, a resurgence in demand helped push the BTC price back up to $63,700 and restored the market fear and greed index at 69%(Bullish) […]

SNAP token creator, Snap Inc posted disappointing quarterly results, fanning concerns about the firm’s future. Snapchat parent’s result failed to meet Wall Street expectations after it posted a 5% increase in revenue for the fourth quarter. The shares of the company slumped over 30% reflecting investor dispiriting. Snap Inc quarterly results miss expectations According to […]

Jack Dorsey, the co-founder of Twitter, now known as X, has made headlines by announcing his departure from the board of Bluesky, another social media platform. Meanwhile, the announcement of the recent departure has raised queries among tech market enthusiasts over the potential reason behind the move. In addition, this move comes along with an optimistic tone […]

The latest report suggests that Chinese Bitcoin miners have been moving their base to the African nation of Ethiopia amid the region’s remarkably low electricity costs and the crypto-friendly nature undertaken by the local government. Despite maintaining a ban on cryptocurrency trading, Ethiopia embraced Bitcoin mining in 2022, aligning with its efforts to strengthen ties […]

Grayscale Bitcoin Trust (GBTC) experienced a notable surge of 5% in premarket trading on Monday, marking a significant milestone with its first day of inflow since January. This influx of investment represents a pivotal moment for GBTC, which underwent a transition from a trust to an easily tradable ETF earlier in the year. The trust […]