Bitcoin is trading just under $119,000, with new on-chain data suggesting the current market cycle may be nearing its top, arriving as soon as late August or early September. In a July 28 analysis, CryptoQuant contributor Yonsei Dent pointed to… Original
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CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal
A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). “Jito Staked SOL and Metaplex are now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the support…
Bitcoin continues to consolidate just below the $120,000 mark, exhibiting restrained momentum despite previous rallies that pushed it to all-time highs above $123,000. Over the past 24 hours, the cryptocurrency has fluctuated between a low of $117,422 and a high of $119,197, ultimately trading at $118,578 at the time of writing. While price movement has remained relatively stable, on-chain indicators suggest that broader market sentiment is still in a transitional phase, with neither excessive enthusiasm nor panic selling present among investors. Related Reading Bitcoin Market Signals Suggest Ongoing Expansion Phase…
Key Notes Total crypto market cap dropped 5% to $3.78 trillion, and nearly $1 billion in liquidations occurred, mainly affecting short-term altcoin traders. While Bitcoin and Ethereum surged during Asian sessions, both the U.S. and Europe saw net selling, indicating profit-taking behavior. Experts, including Michael van de Poppe, view the current pullback as a healthy phase of profit-taking within a larger uptrend. Cryptocurrency market liquidations in the last 24 hours have soared closer to $1 billion, led by a sharp altcoin correction, while Bitcoin BTC $119 410 24h volatility: 1.1%…
Key Notes PENGU sees 20% daily gains while the broader crypto market remains flat. Pengu’s market cap is currently at $2.72 billion, nearly flipping BONK’s $2.84 billion. PENGU has seen a 4x price surge in the past month, gaining over $2.2 billion in market cap. While the broader crypto market is mostly flat on July 23, PENGU PENGU $0.0443 24h volatility: 18.0% Market cap: $2.78 B Vol. 24h: $2.65 B continues its explosive rally. Currently trading at around $0.043, it gained over 20% in the past day and over 400%…
Key Notes XRP price has eventually breached a $3.50 trendline from Q4, 2024. Traders are now looking forward to further gains in the coming weeks, potentially reaching up to $15. Three technical chart setups showed that a rally to $6 is imminent for XRP in the short term. Ripple-associated XRP XRP $3.44 24h volatility: 1.4% Market cap: $203.75 B Vol. 24h: $6.21 B hinted at a more massive price recovery after its recent breakout from a long season of sideways trading. Since the end of 2024, the price of the…
The Pudgy Penguins project has had a massive rally over the past week, stealing the spotlight in both the non-fungible token (NFT) and memecoin sectors. Amid its recent performance, some analysts suggest that the token is preparing for a 140% run to new highs. Related Reading Pudgy Penguins Catch NFT And Memecoin Rally On Monday, Pudgy Penguins (PENGU) became one of the leading memecoins after surging nearly 20% in the past 24 hours. The Solana-based token saw its price climb from the $0.031 mark to a six-month high of $0.040…
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…