In Brief A recent survey suggests 14% of Americans purchased the TRUMP meme coin, with 81% reporting profits from their investment. The survey’s small sample size and bold claims, like 47 million buyers in one weekend, raise questions about its accuracy. Despite skepticism, TRUMP brought record fees to Solana and drew many crypto newcomers, fueling…
Read more
In Brief Ethereum investors bought 87,000 ETH worth $300 million in 24 hours, signaling confidence in a recovery toward $4,000. Active address momentum surpasses the yearly average, reflecting increased network activity and solidifying ETH’s support at $3,327. Breaching $3,524 resistance could push ETH to $4,000, but losing $3,327 may lead to a drop toward $3,000,…
Read more
In Brief A class-action lawsuit is filed against Coinbase over unregistered securities. Plaintiffs allege that Coinbase knowingly violated California securities laws. The lawsuit follows regulatory scrutiny and previous legal action from the SEC. A group of investors has filed a class-action lawsuit against Coinbase, the popular US-based cryptocurrency exchange. They allege that the company has…
Read more
In Brief Litecoin’s price on the 4-hour chart is forming a rising wedge, suggesting a drawdown could result in an 8% drop. LTC whales have been making no significant move in the past few days and don’t appear likely either. Retail participation, too, has taken a hit, with active addresses falling to a six-month low.…
Read more
To sum things up On-chain examination shows bullish pointers for Polygon (MATIC) as it recovers the $0.80 region, with a huge expansion in everyday exchanges. Following the declaration of Polygon’s symbolic relocation, the organization exchange count has arrived at its most elevated level since Sept. 28. The new expansion in MATIC open revenue by $100…
Read more
