Shiba Inu’s layer-2 network, Shibarium, has suffered a significant decline in its daily transaction metric, providing a bearish outlook for the top meme coin. This comes as the SHIB price looks to stage a rebound alongside the broader crypto market. Shiba Inu’s Shibarium Suffers Crash In Daily Transactions Shibariumscan data shows that daily transactions on Shiba Inu’s layer-2 network crashed from just over 4 million on August 23 to 1.09 million on August 24. The crash further extended on August 25 as the network recorded 624,140 transactions on the day,…
Tag: Price
Bitcoin Price Predictions Include $117,000 Next
Key points: Bitcoin traders reveal the key BTC price points for a bullish recovery. The risk of a “double top” for price remains, with $102,000 on the radar should support fail. The Bitcoin bull market does not have much time left — if history is a guide. Bitcoin (BTC) neared $113,000 after Wednesday’s Wall Street open as buyers sought to cement a market bounce. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC price outlook hinges on $112,000 Data from Cointelegraph Markets Pro and TradingView showed local highs of $112,646 on Bitstamp. Now…
Dogecoin Price Faces 45% Crash as Whale Sell-Off Intensifies
Key Notes Dogecoin price has fallen 25% over the past month from $0.28, with major holders selling during the decline. The DOGE RSI has fallen to 49 from overbought levels, and futures open interest dropped to $3.24 billion from $5.25 billion. Daily active addresses on the Dogecoin network have dropped to 58,000 from 674,500 in July, showing waning retail sentiment. The Dogecoin DOGE $0.22 24h volatility: 4.0% Market cap: $33.36 B Vol. 24h: $1.91 B price has been moving sideways and is constantly under selling pressure with a 25% drop…
Pundit Says Bitcoin Price Crash Is Not Over, Why A Decline Below $100,000 Is Coming
Mihai Jacob, a well-known market watcher, says the Bitcoin price rally that followed Powell’s Friday speech may not be as strong as it first looked. The charts, he explains, continue to flash signs of weakness that should not be ignored. According to Jacob, the flagship cryptocurrency could still face another sharp decline, and a drop below $100,000 remains a real risk despite the short-term optimism. Powell’s Speech Gave Bitcoin Price A Lift, But Charts Tell A Different Story Jacob explains that in his earlier analysis, he noted the $110,000 zone…
Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line
The XRP price has been one of the most closely watched cryptocurrencies in the market, and technical analysts are now pointing to a major breakout setup that could send its value to new levels. According to TradingView crypto market analyst HolderStat, XRP is currently consolidating, with a critical resistance line standing between the cryptocurrency and a potential surge toward $4. Daily Chart Signals Consolidation Before Breakout On the daily timeframe, HolderStat highlights in his chart analysis on TradingView how XRP has recently completed a breakout from a large triangle formation…
Bitcoin Price Gains Can Hit 44% Between Now and Christmas
Key points: Bitcoin can reverse its latest slump to hit new all-time highs in the next four months, based on historical performance. Research says that the outlook for Bitcoin between now and Christmas is “positive yet less volatile.” The current dip may be “frontrunning” traditional September BTC price downside. Bitcoin (BTC) faces average gains of 44% by Christmas as analysts play down the impact of a deeper BTC price correction. Research from network economist Timothy Peterson, released on X this week, predicts “positive” performance for BTC/USD in Q4. Bitcoin analysis…
Solana DATs Could Move Price 10x Faster Than Ethereum: Expert
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. An X post by Bonk core contributor Nom (@TheOnlyNom) argues that a new wave of Digital Asset Treasury (DAT) vehicles aimed at SOL could move price more than comparable Bitcoin or Ether treasuries—because of Solana’s smaller…
Bitcoin Price Watch: Will Bitcoin Break the $112K Barrier or Fade to $108K?
Bitcoin remained under pressure on Aug. 27, trading at $111,036 with signs of short-term accumulation but broader trend weakness. The leading cryptocurrency’s market capitalization stood at $2.21 trillion, while its 24-hour trading volume reached $39.66 billion, with an intraday range between $109,526 and $112,279. Bitcoin The hourly chart reflects a short-term bullish recovery, with bitcoin […] Original
Dogecoin Price Technicals Hint at $0.12 DOGE Price Target Amid Whale Distribution
Key takeaways: Dogecoin whales offload large volumes of DOGE, signaling risk aversion. Declining open interest and daily active addresses signal less demand for DOGE. DOGE’s rising wedge pattern signals a bearish reversal with a 45% price drop potential. Dogecoin (DOGE) price has dropped by over 24% after hitting a multimonth high of $0.28 on July 21. As a result, the memecoin’s largest holders have been offloading DOGE during recent price declines, indicating their lack of confidence in a potential rebound in the coming weeks. Dogecoin onchain metrics hint at further…
Bitcoin price prediction: can BTC find footing around $111K and bounce back higher?
Bitcoin price prediction for late August detailing support and resistance levels as well as macroeconomic factors. Original