TL;DR Another analyst has weighed in on XRP’s price chart, indicating that the asset’s upcoming rally will melt faces. For now, though, Ripple’s token continues to consolidate and is even close to breaking below a key support level again. EtherNasyonaL, a popular crypto analyst on X, outlined a possible scenario for XRP in the near […]
BNB surged past the $1,000 mark after steadily climbing by 10% over the past week. New data suggest that the latest milestone is more than hype. In fact, several on-chain metrics point to a structural shift in the asset’s market profile. Organic Liquidity Growth According to CryptoQuant’s latest analysis, BNB’s uptrend has been supported by […]
XRP dominance is seeing an emergence in Upbit’s reserves, which has the South Korean giant apart from its global peers. While Bitcoin typically anchors the reserve portfolios of major platforms, Upbit presents a rare deviation. Upbit’s XRP Bet In December 2024, the exchange sharply increased its XRP holdings and has continued those levels since. Data […]
TL;DR Pi Network introduced a new solution that could speed up the verification process. PI reportedly made its debut on the Solana blockchain. However, the token’s price remains in red territory for the day and far away from its peak levels observed earlier this year. The New Feature The team behind Pi Network unveiled Fast […]
Ethereum (ETH) suffered a fresh decline of 1.5% over the past day as it hovered near $4,520. Despite the sluggish price action, the asset has entered an extraordinary new accumulation phase. In fact, new data show that balances held by Accumulating Addresses have more than doubled in just under four months. ETH Hoarding At Record […]
Around 30,000 Bitcoin options contracts will expire on Friday, September 19, and they have a notional value of roughly $3.5 billion. This expiry event is pretty close to last week’s, so there is unlikely to be any impact on spot markets, which have moved higher this week. The US Federal Reserve’s first rate reduction of […]
Vitalik Buterin has finally responded to concerns about Ethereum’s 45-day unstaking queue, explaining that it is important to the network’s defense. His comments follow an ongoing debate within the crypto community over the long waiting time. Buterin’s Defence The controversy began when Galaxy Digital’s Michael Marcantonio publicly criticized Ethereum’s lengthy exit queue via X, calling […]
TL;DR Whale wallets now show unrealized profits equal to 2021 levels, signaling strong market confidence. ETH outflows from exchanges spike as holders move coins to cold storage or staking platforms. September staking inflows drop to 8.4K ETH, cooling sharply after August’s record-high deposits. Whale Profit Levels Return to 2021 Highs Ethereum wallets holding between 10,000 […]
TL;DR PENGU held support at $0.0316, confirming breakout with Fibonacci targets now at $0.0466 and $0.0761. The chart shows a bullish flag pattern; a breakout could push PENGU toward $0.074, more than doubling its current value. MACD and Stochastic RSI point to strong momentum, though near-term pullbacks remain a possibility. Price Pushes Higher After Retest […]
The SEC has approved “generic listings standards” that will clear the way for spot crypto ETFs to launch, reported Bloomberg’s ETF expert Eric Balchunas on Wednesday. The move allows exchanges to list ETPs holding spot commodities, including digital assets, without requiring individual SEC approval for each product. It also eliminates the lengthy, case-by-case approval process […]