Day: July 19, 2024

Solana Price (SOL) Targets Upside Breakout: Will It Reach New Monthly Highs?

Solana started a steady increase above the $155 zone. SOL price is signaling a decent increase above the $162 and $165 resistance levels. SOL price started a decent upward move above the $155 resistance against the US Dollar. The price is now trading above $158 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $159 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could aim for more upsides if…

Arkham Intelligence Introduces AI-Powered Blockchain Analysis Tool ‘The Arkham Oracle’

James Ding Jul 19, 2024 05:05 Arkham Intelligence unveils ‘The Arkham Oracle,’ an AI-driven tool designed to simplify blockchain data analysis. The feature offers transaction logs, portfolio holdings, and more. Arkham Intelligence has announced the launch of its latest feature, ‘The Arkham Oracle,’ an AI-driven tool designed to simplify blockchain data analysis, according to arkhamintelligence.com. Introducing The Arkham Oracle The Arkham Oracle is an innovative feature that harnesses artificial intelligence to deliver comprehensive blockchain data insights. Users can interact with the Oracle…

XRP Price Faces a Dip, Yet Uptrend Support Holds Firm

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Dogecoin Whales Fill Up Bags As DOGE Price Dips 5%

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On-chain data shows the Dogecoin whales have gone on a buying spree while the memecoin’s price has declined in the last 24 hours. Dogecoin Whales Have Increased Their Holdings During The Past Day As pointed out by analyst Ali Martinez in a post on X, the Dogecoin whales have participated in net accumulation in the last 24 hours. The on-chain metric of relevance here is the “Supply Distribution” from the analytics firm Santiment which tells us about the amount of DOGE that a given wallet group is currently holding. Addresses…

Ethereum Price Pulls Back: ETH Gains Under Pressure

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Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is correcting gains from the $3,500 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,420 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline further if there is a close below the $3,350 support. Ethereum Price Retreats From $3,500 Ethereum price started…

WazirX publishes $230m hack post-mortem

Mumbai-based WazirX crypto exchange has released its post-mortem report on a “force majeure” incident that allowed a multi-sig wallet hack. As crypto.news reported earlier on Thursday, WazirX was hacked for $230 million in cryptocurrencies after bad actors compromised UI critical to the platform’s wallet management. The Indian crypto exchange explained that the issue originated from different data displayed on Liminal’s interface, the digital asset custody, and the wallet infrastructure employed by WazirX.  The platform’s multi-sig wallet required three signatures from internal WazirX team members and one final approval from Liminal.  “During…

Prophet Brandon Briggs Predicts XRP Price Explosion To $10,000

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Brandon Briggs, a Christian prophet, has dropped a bullish XRP price prediction that would break all records if it came to fruition. According to a video circulating on social media platform X, Briggs predicted XRP hitting a hefty price tag of $10,000. However, he did not give a timeline of when this would happen. This prediction comes amidst a bullish week for XRP, with the cryptocurrency currently outperforming large other market cap assets.  XRP Price Explosion To $10,000 The XRP price has been subjected to various price predictions in the…

Bitcoin Price Hints at Downside: Preparing for Potential Declines

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Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $64,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bearish momentum if it dives below the $62,500 support zone. Bitcoin Price Dips Again, Can…

Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

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Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to on-chain analytics firm CryptoQuant, the latest swing in Bitcoin price is attempting again to retest Short-Term Holder (STH) Realized Price — which serves as one of the most critical sentiment indicators for understanding market directions.…

Kraken Expands Crypto Custody Services to Institutions in UK and Australia

Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution to both existing and new clients in these countries, emphasizing security and client […] Source BitcoincryptoexchangeExchanges CryptoX Portal