In Brief Ripple price has already lost the support of the 50-day EMA and is close to losing the 100-day EMA as well. Long-term holders have been moving their holdings, which historically has been a signal for corrections. The bearish trend is yet to gain strength, giving XRP a shot at bouncing back from $0.60.…
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In Brief An increasing Mean Coin Age suggests an accumulation phase without strong selling pressure. PEPE supply on exchanges dropped heavily in just one day, which could indicate holders are holding their PEPE, expecting the price will rise again Although EMA Lines are not strongly bullish, they are forming a good pattern for consolidation that…
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The indictment accuses KuCoin and its founders of bypassing the Bank Secrecy Act and operating an unlicensed money-transmitting business. KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US…
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In Brief Whales took advantage of the last dip to accumulate ADA, but this accumulation has stabilized over the past week. The number of short-term traders holding ADA is declining, potentially leading to reduced price volatility. EMA lines are indicating a consolidation pattern, yet there’s a potential for a golden cross to emerge shortly. Whales…
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In Brief Bitcoin’s demand skyrockets, with monthly figures leaping from 40,000 to 213,000 BTC, driven by a surge in accumulation. US ETFs excluding GBTC have notably contributed to this demand increase, with their BTC balances growing significantly. The liquidity of Bitcoin has hit historic lows, with current sell-side liquidity estimated to be a bullish future…
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Quick Take Deribit data indicates that nearly $9 billion worth of Bitcoin (BTC) options are due to expire on March 29, the last Friday of the month, with the total open interest amounting to 133,914 BTC. The put/call ratio is reported at 0.80, signifying more calls in circulation compared to puts, and reflects bullish market sentiment…
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In Brief SHIB average transaction size saw a significant 60% decline over four days, hinting at a potential wane in investor interest. The RSI for SHIB remains overbought, signaling possible upcoming corrections. Consolidation is apparent in the EMA lines, implying that SHIB price might stabilize this week. The Shiba Inu (SHIB) price has seen a…
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The Aptos project is all about making blockchain faster and easier to use, with some new security and usability features thrown in the mix. If you’re new to Aptos, it’s best to understand what it’s all about before you jump in. In this Aptos crypto explainer, we’ll break down the network and native coin APT, how it works,…
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Navigating the pitfalls of crypto privacy tools reveals essential insights for secure online financial activity. The lack of privacy protection is the Original Sin of all public blockchains – from Satoshi’s original Bitcoin whitepaper down to the most cutting-edge, modular, and parallelized network that does 100 million transactions per second with a zeptosecond finality time.…
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In Brief Shibarium has experienced a significant surge in Total Value Locked (TVL). This surge is primarily attributed to the introduction of DAMN meme coin. Still, Shiba Inu ecosystem witnessed a notable decline in SHIB’s burn rate. Shibarium, the Layer 2 blockchain within the Shiba Inu (SHIB) ecosystem, has reached noteworthy milestones, indicative of its…
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