TL;DR PENGU forms a bullish flag with resistance near $0.045 and support around $0.035. Analysts highlight $0.110 target as TD Sequential signals buy and longs face liquidations. Market cap milestones: $0.19 for $10B and $1.10 aligning with Dogecoin’s peak. Bullish Flag Formation Pudgy Penguins’ token, PENGU, is trading near $0.034, with a 24-hour decline of […]
Around 48,600 Bitcoin options contracts will expire on Friday, August 1, and they have a notional value of roughly $5.7 billion. This one is around half of last week’s large end-of-quarter expiry event, so it is unlikely to be enough to influence spot markets, which have started to tank in the wake of Donald Trump’s […]
New research by CryptoQuant analyst João Wedson has revealed that the Tron network processes over $400 million in USDT transactions daily in a narrow two-hour window between 9 and 11 AM UTC, creating crypto’s most concentrated “million-dollar rush hour.” This explosive activity, driven by whales and institutions capitalizing on global market overlaps, is solidifying Tron’s […]
eToro revealed its expanded product roadmap in a global webinar on Tuesday, highlighting three key developments as the company moves toward a “tokenized future.” Part of that move is the expansion of its current stock trading to include an initial list of 100 of the most popular US-listed stocks and exchange-traded funds that will be […]
News of companies breaking the usual BTC treasury trend continues to emerge almost daily, and we can see everything from new players to established industry veterans shifting to the second-largest digital asset. The DeFi-native Ethereum is steadily stealing the spotlight; only time will tell if the momentum will keep going, albeit there are currently no […]
Bitcoin just absorbed a $9 billion sell-off of almost 80,000 units “without breaking stride,” said analysts at BTC financial services firm Swan on Wednesday. The sell-off refers to last week’s market dump when BTC fell from just over $119,000 to around $115,000 in a few hours on July 25. A Satoshi-era whale, one of the few […]
The cryptocurrency market continues to range without a definitive trend. But certain coins are experiencing a surge in social media discussion. According to Santiment, Solana, Ethereum, Stellar, and Tron appear to be dominating social media chatter. Dominating Crypto Conversations Solana (SOL) leads the current trend, with discussions increasing due to a combination of high-profile institutional […]
The cryptocurrency market is cooling off after a brief period of short-term overheating. Unlike prior cycles, CryptoQuant believes that the current overheating is smaller in scale and duration. This means that Bitcoin could face a limited short-term dip in the near future. Crypto Market Cools Off The data focuses on the proportion of Bitcoin held […]
TL;DR Ripple whales seem unfazed by the recent FUD around the underlying token and continue to accumulate a significant number of tokens. In the latest 24-hour buying spree, these large market participants purchased 60 million XRP, according to data shared by popular analyst Ali Martinez. Whales bought 60 million $XRP in the last 24 hours! […]
On Tuesday, the SEC approved orders to permit in-kind creations and redemptions by authorized participants for crypto asset ETFs. The orders approved “reflect a departure from recently approved spot Bitcoin and Ether ETPs, which were limited to creations and redemptions on an in-cash basis,” the Commission stated. With today’s approval orders, crypto ETFs will be […]