Tag: Market

Dogecoin Whales Desert Market: Number Of $100,000 Transactions Nosedives 70%

boss

The price of Dogecoin has been under significant downward pressure over the past week, and the latest on-chain data suggests that the meme coin might not experience relief any time soon. Dogecoin Price Overview As of this writing, the DOGE token is valued at around $0.246, reflecting a mere 0.5 decline in the past 24 hours. While the meme coin seems to have found formidable support around $0.23, there’s not been enough movement to ensure a comeback and wipe out some of the recent loss. CoinGecko data shows that the…

Crypto Market Top Near? Here’s Why There’s ‘Some Runway Left’

boss

Este artículo también está disponible en español. After the recent crypto market corrections, some investor’s and market watchers’ bullish sentiment appears to have decreased, with many claiming the top is in. However, other analysts point out that several indicators don’t signal a cycle peak yet, suggesting that the bull still has some gas in its tank. Related Reading Crypto Market Capitalization Retests Key Level The crypto market has recently suffered continuous corrections that have halted the momentum from the post-US election. During the November-December rally, the industry achieved many milestones,…

Massive XRP Accumulation – Whales Bought 520 Million XRP During Market Dip

boss

Este artículo también está disponible en español. XRP has shown resilience amid the market’s volatility and uncertainty, standing strong as it rebounds from recent lows. The price is now over 33% up from Monday’s low, signaling renewed momentum and a potential push toward higher levels. Despite ongoing turbulence in the broader crypto market, the price appears to be regaining strength, with investors closely watching its next move. Related Reading Top analyst Ali Martinez shared on-chain data revealing a key trend that has unfolded during this recent market dip. According to…

Blackrock Boosts MSTR Investment to 5% Amid Market Volatility

Blackrock, the globe’s leading asset management titan, has fortified its position in Strategy (formerly Microstrategy) equity, elevating its stake in MSTR to 5%—a milestone reflecting heightened institutional confidence. Institutional Confidence Rises as Blackrock Claims a 5% Stake in Strategy Per a Schedule 13G filing with the U.S. Securities and Exchange Commission (SEC)—a regulatory disclosure for […] Source CryptoX Portal

The Rich Hype Over Bitcoin – Will the Market Manifest a Bull Run for Top Meme Coins?

boss

Este artículo también está disponible en español. Michael Sonnenfeldt recently announced that his private group Tiger21, which is composed of some of the wealthiest investors, collectively has a $200B net worth – $6B of which is strategically held in crypto, shining a light on top meme coins.  Considering some of the richest allocate 1-3% of their capital to $BTC, why should anyone doubt cryptos’ potential? Well, to put it bluntly, the sector’s rife with scams. Look at the Jupiter DEX and the former Malaysian prime minister, for instance. Their X…

Bitcoin Volatility ‘Relatively Low’ Despite Market Shakeouts

boss

Este artículo también está disponible en español. Amid the recent market shakeouts, Bitcoin (BTC) has shown strength, remaining near the crucial $100,000 barrier during its drops. While the flagship cryptocurrency is momentarily expected to continue its horizontal trajectory, some analysts forecast that BTC’s next leg up might start once it reclaims the recently lost key level. Related Reading Bitcoin Volatility Lower Than Q1 2024 The post-election pump saw the crypto market jump to new highs, with Bitcoin leading the climb. Two months ago, the flagship cryptocurrency crossed the $100,000 barrier…

Raydium is Solana’s AMM King. Can it Corner the Perps Market Next?

Decentralized crypto trading engine Raydium is making a bid for Solana’s multibillion dollar perpetuals market – and gaining traction fast. Raydium’s weeks-old foray into offering these hyper-popular derivatives contracts – they allow crypto traders to speculate on price swings without holding the actual token – is already racking up $100 million in daily trading volume. It’s now Solana’s third most popular venue for trading perps, behind Jupiter and Drift, this ecosystem’s trading heavyweights. The growth comes despite Raydium perps’ nascency; its builders haven’t poured marketing capital on promoting a trading…