Category: Analysis

AVAX Still Below 23 dollar – Here’s How It’s Preparing for the Bull Run

Key Notes Active addresses on Avalanche reached a new all-time high of 1.95 million. MMORPG game MapleStory Universe likely brought a boost to the L1. BlackRock’s sBUIDL comes to the Euler protocol on Avalanche. Avalanche (AVAX) is gaining bullish momentum again, but with major catalysts from BlackRock and MapleStory this time. According to Wu Blockchain, the total number of active addresses on Avalanche surpassed 1.95 million so far in May. The previous strong spike in user activity on the layer-1 network was recorded in January, when the crypto market enjoyed…

Internet Personality Dave Portnoy Issues Exciting XRP – Bitcoin Forecast

Key Notes Dave Portnoy revealed he holds XRP, citing market hype. He sees XRP in a similar spotlight as Bitcoin in its early stages. The internet personality said FOMO is what is driving current crypto market trends. Dave Portnoy, the President of Barstool Sports and a popular internet personality, caused a stir at the Consensus 2025 event. Known for his bold opinions, Portnoy discussed digital asset markets, focusing on XRP and the largest cryptocurrency, Bitcoin. With an almost rhetorical question, he predicted that XRP could be the next BTC. XRP…

Shiba Inu Burn Rate Skyrockets, SHIB Price Breakout Ahead?

Key Notes The Shiba Inu burn rate soared 106,040% in a day, burning 15.3 million SHIB. SHIB price dipped 5.87%, despite higher burn and active community efforts. One wallet alone destroyed over 15 million SHIB in a single move. . The latest data from the Shiba Inu ecosystem indicates that the SHIB burn rate has shot up by over 106,000% in the last 24 hours. Notably, the jump suggests the community is getting more active and engaged. Oddly enough, this spike came while the native digital asset SHIB’s price and…

Has Ethereum Price Rally Ended Or Is It Just A Partial Pullback?

Key Notes Amid enough demand, ETH could reverse its current direction, staging a rally to $4,000-$5,000. Large investors, including Abraxas Capital and Ethereum whales, have significantly increased their holdings, with over 450,000 ETH accumulated in the past month. The ETH/BTC ratio has rebounded 38% from its five-year low, indicating Ethereum may be undervalued relative to Bitcoin. . Following strong gains to $2,700 last week, Ethereum is facing a pullback as the ETH price plummets 5% in the last 24 hours, slipping under $2,500 levels. This pullback comes amid a broader…

Current Consolidation Won’t Stop XRP From Growing

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP price is once again in the spotlight as a new technical analysis indicates that the cryptocurrency may be on the verge of a significant price explosion to…

100% Tron (TRX) Investors Are Now In Profit: CryptoQuant

Key Notes All Tron investors are currently in profit according to the latest CryptoQuant data. Both short-term and long-term holders are seeing gains, fueling strong market confidence. Tron holds the 10th spot by market cap with a nearly $25.82 billion valuation and high trading volumes. A new data insight from CryptoQuant reveals that every investor holding Tron TRX $0.25 24h volatility: 0.6% Market cap: $23.27 B Vol. 24h: $464.89 M is currently making a profit. This milestone comes as Tron gains strength in the cryptocurrency market, backed by an increase…

Top Win Rebrands to AsiaStrategy to Embrace Bitcoin and Crypto

Key Notes Hong Kong-based Top Win International is rebranding to AsiaStrategy and entering the crypto space. The company has partnered with Sora Ventures to implement a Bitcoin-focused treasury strategy across Asia. AsiaStrategy mirrors the trend of firms like MicroStrategy and Metaplanet in adopting cryptocurrencies. In a bold move that echoes recent corporate pivots like MicroStrategy’s transformation into “Strategy,” Hong Kong-based Top Win International Limited has announced its rebranding to AsiaStrategy, adopting digital assets. Once a traditional watchmaker, the Nasdaq-listed company is shedding its legacy-only business model to become a hybrid…

$3.33B in BTC and ETH Options Expire — Volatility Ahead

Key Notes Bitcoin’s rejection at the $105,000 level reflects a cautious market sentiment, with traders opting for defensive strategies and profit-taking. Meanwhile, Ethereum’s strong price action, up 3.15% at $2,634, shows bullish potential with depleted exchange reserves and support for a rally above $2,700. Michael van de Poppe emphasized that Ethereum’s recent volatility suggests a buying opportunity below $2,400 ahead of its next breakout. The broader cryptocurrency market could be bracing for major volatility ahead as a massive $3.3 billion worth of Bitcoin BTC $96 611 24h volatility: 2.1% Market…

US DOJ Charges 12 in $263M Crypto Theft Tied to Genesis Case

Key Notes The United States DOJ has busted a crypto scam group tied to a $243 million Genesis creditor theft. Crypto-related crimes are on the rise, including scams and insider trading as seen in a recent Coinbase case. Offenders are frequently jailed, with legal precedents supporting prison sentences. The US Department of Justice (DOJ) has charged twelve people with a large-scale crypto fraud operation involving more than $263 million in stolen digital assets. The suspects are linked to an earlier case involving a Genesis creditor. The scammers allegedly siphoned $243…

Bitcoin Stuck Below $105K: Here’s What’s Happening

Key Notes Bitcoin has been consolidating between $101.5K and $105K for a week. Technical indicators like the Golden Cross suggest long-term bullishness. If $105K is broken, Fib levels suggest that BTC has a clear path above $110K. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B is currently facing stiff resistance at the $105,000 mark, with price action stuck in a narrowing range for over a week. At the time of writing, BTC trades at $103,811.42, reflecting a modest 2% gain over the past…