Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano (ADA) whales are accumulating as sentiment improves. Meanwhile, Galaxy Fox (GFOX) supporters are bullish, expecting the ongoing presale to raise over $5 million. Galaxy Fox presale status Galaxy Fox is a meme coin project that investors expect its native token to rally. The project’s success is due to its GameFi and meme coin initiatives that have attracted investors. Galaxy Fox also offers engaging activities and financial opportunities for…
Day: January 10, 2024
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
OKX, another prominent offshore cryptocurrency exchange, has also been removed from the Apple India app store even though it wasn’t sent a show cause notice. Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges that were sent notices. Source
Shiba Inu and Sponge rally as meme coins rebound
As the Bitcoin ETF narrative heats up, meme coins are taking center stage and starting to edge higher. Shiba Inu is rose by 7% earlier on Jan.9. Meanwhile, the upcoming Sponge V2 is also capturing attention as its pre-launch “buy-and-stake” campaign rises to $3.5 million. Shiba Inu recovers after sell-off The Shiba Inu price is down 7.68% this month but up 34% from its October 2023 lows. Currently, SHIB is trading at $0.000009409, up 4.5% on Jan. 9. Its 24-hour trading volume is $178 million, down 3.97%. Yet, its recent…
Market Maker Wintermute Says Crypto OTC Volumes Increased 400% in 2023
“The developments in the space at the end of 2022 left the whole industry facing a challenging outlook. Markets slowed down, liquidity dried up, and we observed volumes starting to shift from exchanges to OTC,” Evgeny Gaevoy, CEO and Co-Founder of Wintermute Group, said in the report. Source
ADA Price Faces Key Hurdle, Can Cardano Surpass This To Start Fresh Rally?
Cardano (ADA) is attempting a recovery wave from the $0.4650 zone. ADA could start a fresh rally if there is a close above the $0.550 resistance. ADA price is moving higher from the $0.4650 zone. The price is trading below $0.570 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.545 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher if there is a clear move above $0.545 and $0.550. Cardano Price…
PayPal’s Stablecoin PYUSD Part of Third Largest Liquidity Pool on Curve
“FRAX is kind of like the on-chain liquidity for PYUSD, and the latter is the offchain fiat ramp,” Sam Kazemian, founder of Frax Finance, told CoinDesk in an interview. “Since inception, the pool has seen an average daily trading volume of $5.5 million.” Source
Helium overtakes Bonk as top gainer
After reporting 26% gains, Bonk falls to the second highest gainer after Helium, according to a Jan. 9 CoinMarketCap report. Top Crypto Gainers And Losers Today | Source: CoinMarketCap In a recent update, Helium (HNT) now takes the first place in the gainer report. The decentralized blockchain network catering to the Internet of Things (IoT) devices has since seen a 27.1% surge in the last 24 hours, alongside a trading volume of $41 million. Launched in July 2019, the Helium mainnet empowers low-powered wireless devices to communicate and transmit data…
Ethereum Price Technical Setup Suggests Fresh Surge Above $2,400
Ethereum price climbed higher above the $2,350 resistance. ETH outpaced Bitcoin and might even attempt a clear move above the $2,400 resistance. Ethereum is attempting a fresh increase above the $2,350 resistance level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support near $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if there is a close above the $2,400 level. Ethereum Price Starts Increase Ethereum price formed a…
Hacker Seized SEC Phone Number to Post Fake Bitcoin ETF Approval, X Says
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Bitcoin Price Rejects 48K After The SEC Drama But Uptrend Still Intact
Bitcoin price jumped toward $48,000 after the hacked SEC account tweet. BTC trimmed all gains, but the uptrend support is still intact near $45,200. Bitcoin spiked toward the $47,800 and $48,000 resistance levels. The price is trading above $45,500 and the 100 hourly Simple moving average. There is a major contracting triangle forming with resistance near $46,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up toward the $48,000 level unless there is a close below $45,000. Bitcoin Price Faces…