Tag: Top

Top cryptocurrencies to watch this week: BTC, LTC, TRX

The first week of July introduced bearish pressure, leading to massive losses in the crypto market. Bitcoin (BTC) led the downtrend, as it consistently recorded lower lows amid sustained selling pressure. Notably, the rest of the market experienced similar losses. Consequently, the global crypto market cap lost $140 billion, as it dropped further to $2.11 trillion, its lowest level since late February. While most assets remained down, a few witnessed remarkable recoveries. Here are our top picks for cryptocurrencies to watch this week following their noteworthy performances during the downtrend…

Comparing The Profitability Of The Top Meme Coins

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Holders of the top meme coins have witnessed rough price action in the past few weeks. The majority of meme cryptos have crashed hard during the last week, with losses of over 20% in each asset across the board. Particularly, holders of the top meme coins Dogecoin, PEPE, and Shiba Inu have been disappointed, as the price drop means many of them have now fallen out of profitability.  Interestingly, IntoTheBlock’s “In/Out Of The Money” metric shows a varying level of profitability in each meme coin, and it seems like SHIB…

Solana-Based meme coin BONK surges 10%, outperforming top meme coins

Solana-based meme coin Bonk (BONK) has recently surged 10%, outperforming other popular meme coins within the top 100 cryptocurrencies. At the time of writing, BONK had risen by 8% in the last 24 hours, trading at $0.000025. Its market capitalization stands at $1.77 billion, making it the 52nd largest cryptocurrency, according to CoinMarketCap. BONK 24-hour price chart | Source: CoinMarketCap The token’s daily trading volume has also seen a significant increase, doubling to around $350 million. However, BONK remains 44% below its all-time high of $0.000047, which was reached on…

Bitcoin Price Blasts Past $63,000: Top 3 Reasons

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Over this past weekend, Bitcoin (BTC) experienced a significant rally, pushing its price above $63,000—an increase of 5.6% since hitting a low below $60,000 on Friday. This unexpected surge occurred despite a lack of major news triggers, leading to speculations and analyses concerning the underlying causes. Here’s a deep dive into three key factors that might explain this weekend’s price action. #1 Mysterious Bitcoin Whale Activity According to DeFi^2 (@DefiSquared), the number one ranked trader on Bybit and a leading wallet on DeBank, a mysterious “whale” has been active in…

Top cryptocurrencies to watch this week: MOG, KAS, FET

The prevailing bearish sentiment in the cryptocurrency market extended throughout June. Last week, Bitcoin (BTC) fell below the $59,000 threshold for the first time in eight weeks.  Widespread losses ensued across the market. Some assets bucked the trend, recording new all-time highs. Selective bullishness wasn’t enough to prevent the overall crypto market cap from decreasing by 4.6% to $2.24 trillion. Based on their strong performances last week, here are our top cryptocurrencies to watch this week: MOG, KAS and FET prices – June 30 | Source: Santiment MOG hits new…

Bitcoin Bulls Beware: ‘Bears Are Still In Control,’ Says Top Analyst

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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…

This Historical Ethereum Top Signal Is Yet To Appear This Cycle

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On-chain data suggests this signal that has historically occurred around Ethereum peaks has yet to appear in the current cycle. Ethereum Foundation Wallets Haven’t Made Large Outflows This Cycle So Far In a new post on X, the market intelligence platform IntoTheBlock has discussed a pattern that Ethereum has witnessed alongside its previous market peaks. The pattern in question is related to the netflows for the wallets associated with the Ethereum Foundation. The ETH Foundation is a non-profit entity supporting the cryptocurrency and its ecosystem. Below is the chart shared…

Bitcoin’s Correction Is Not Done: $54K Could Be On The Horizon, Says Top Analyst

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Recent trends in the Bitcoin market have shown a significant flushing out of leverage, a process commented on by prominent crypto analyst Willy Woo. While this corrective phase has seen Bitcoin’s price fall to as low as $58,000 yesterday, it has partially rebounded, currently trading around the $61,500 mark. However, the journey could be smoother, as ongoing liquidations and market adjustments pose challenges. Analyzing The Depth Of Current Market Correction Woo’s insights highlight that Bitcoin’s market correction hasn’t been done despite the recent recovery. Particularly, the market continues to grapple…