Tag: Market

Bitcoin Recovery in Motion? Analyst Tracks Key Divergence Between US and Asia Market

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Ripple Whale Activity Surges—Will $273 Million XRP Transfer Shake The Market?

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Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors. This occurrence comes during the tough battle of XRP in attempting to cut through the resistance at $2.16. Large Wallet Transfers Raise Questions About Market Stability As per blockchain monitoring by Whale Alert, an unknown owner moved 131 million XRP between wallets in a single transaction. The activity prompted conversations on trading platforms as investors attempted to decipher the move. The…

Fartcoin Approaches $1B Market Cap as Whales Buy More

Key Notes A new wallet spent $1M USDC to buy 1.06M Fartcoin, adding fuel to the bullish momentum. If FARTCOIN breaks above $0.98, the next key Fibonacci targets are $1.095, $1.28, and $1.46. Polymarket shows a 73% chance of FARTCOIN claiming an FDV of $1 billion before July. Fartcoin FARTCOIN $0.89 24h volatility: 1.5% Market cap: $882.23 M Vol. 24h: $355.09 M is once again making headlines across the meme coin world. The token, currently priced at $0.9167, has gained 8.34% in the last 24 hours and now boasts a…

Solana price is up 36% from its crypto market crash lows — Is $180 SOL the next stop?

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Solana’s native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin’s rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term. Blockchains ranked by total value locked, USD. Source: DefiLlama Solana has established itself as…

OKX reenters US market following $505M DOJ settlement

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Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of our regional headquarters in San Jose, California.“ All existing Okcoin users will be migrated to the new platform, which Robert said…

Crypto market may stabilize in late Q2: Coinbase report

Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr. 15, Coinbase noted that the total crypto market cap, excluding Bitcoin (BTC), has fallen 41% from its $1.6 trillion peak in December 2024 to about $950 billion. At the same time, venture capital investment in crypto remains 50–60% below the highs seen during the 2021–2022 cycle. These developments, along with global tariffs and ongoing…

Stablecoin Market Will Top $2T by 2028: Standard Chartered

The bank published a report that estimates an almost ten-fold increase in the supply of stablecoins by the end of 2028 if the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is passed later this year. Standard Chartered Predicts $2 Trillion Stablecoin Market by 2028 London-based Standard Chartered bank published a research report […] Source CryptoX Portal

Cardano Price Stabilizes But Market Bulls Push For More

Key Notes Cardano price has seen a WTD growth of 10%, trading near its 20-day EMA. Whale accumulation continues despite falling volume. A breakout above $0.70 could trigger the next major rally for ADA price. The latest market figures show that Cardano (ADA) is gaining ground following a recent price jump. Many traders believe this push could fuel another big move for the coin. With the price holding steady, buyers are watching an important price point that could shape what happens next. ADA Settles Near 20-day EMA as Bulls Eye…

Whales Continue to Offload Ethereum Amid Market Slump, What’s Ahead?

Key Notes Galaxy Digital transferred $40 million worth of ETH to Binance in the last three days. Ethereum’s stablecoin reserves have dropped by more than $1 billion this past week. Analyst highlights $1,546 as a key support zone, with signs of a potential rebound. Galaxy Digital, the crypto investment firm led by Mike Novogratz, has been offloading its Ethereum ETH $1 623 24h volatility: 0.2% Market cap: $195.90 B Vol. 24h: $10.85 B holdings over the past several days. According to blockchain analytics platform LookOnChain, the firm deposited another 12,500…