In Brief Tokenized treasuries hit $2 billion, driven by BlackRock and other major financial players. Market growth expected to continue, with predictions reaching $3 billion by year-end. Experts predict that institutional demand will influence the growth of tokenized treasuries. According to RWA.xyz data, the tokenized treasury market has recently reached a significant milestone. In just…
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In Brief The total crypto market cap lost over $50 billion amidst the concerns around the arrest of Telegram CEO Pavel Durov. Bitcoin’s price failed to breach the $65,300 resistance level, falling back down to test the $63,000 support. Telegram’s Notcoin saw one of the largest declines in the last 24 hours, inching closer to…
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In Brief As Ethereum flirts with the $2,700 mark, long-term holders remain hopeful, but short-term holders appear to be losing confidence. Analysts suggest that a break above $2,700 could trigger a significant rally to $3,100, but failure to do so may result in retracement The $2,700 resistance level has become a battleground for ETH; however,…
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In Brief Largest WIF whale stays bullish, growing holdings despite $68 million profit and competing Tron meme coin hype. Whale acquired 27.2 million WIF tokens, making strategic moves and may influence current marjket sentiment. WIF chart suggests a bullish reversal; breakout confirmation above $2.518 expected for further uptrend. The largest Dogwifhat (WIF) whale remains…
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In Brief The biggest altcoin gainers of the week include Polygon, FET, and Tron-related BitTorrent. MATIC price surged 32.5% due to previous whale accumulation and the upcoming POL migration. FET gained 26%, driven by increased capital flow while BTT rose due to Justin Sun-related activities. The third week of August 2024 has surprised the crypto…
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In Brief Dogecoin surged 6% after Elon Musk’s X post about a “Department of Government Efficiency (D.O.G.E).” Musk hinted at joining a Trump administration, sparking Dogecoin community excitement. Musk’s posts often drive DOGE volatility, despite his commitment to avoid crypto promotion. Dogecoin (DOGE) has surged nearly 6%, fueled by a recent post from X…
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In Brief Tron-based meme coin SUNDOG surged 100x in value, from $0.002 to $0.20 in days. Justin Sun’s backing boosts SUNDOG, challenging Solana’s meme coin dominance. SUNDOG is overbought as the price faces risk of profit-taking that could send it to $0.17. Sundog (SUNDOG), a meme coin built on the Tron blockchain, has taken the…
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In Brief Plan B predicts cites historical trends where Bitcoin priceincreased fourfold after crossing the 200-week Moving Average. Another analyst supports a future price increase, suggesting that Bitcoin is nowhere near the coming of a bear market. Despite recent price consolidation, the decreasing Sell-Side Risk Ratio suggest the bull market may still be in its…
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In Brief Solana ETFs face near-zero approval chances in 2024 due to SEC rejections and regulatory hurdles. Analysts see no path forward without a clear regulatory framework and possible political shifts. SEC’s refusal to post critical filings halted the Solana ETF approval process early on. The outlook for United States-based Solana exchange-traded funds (ETFs) in…
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In Brief Shiba Inu’s price has been in a consistent downtrend since the beginning of March. As a result, investors have stepped away, given participation is at a six-month low. The MVRV ratio is currently in the opportunity zone, signaling accumulation. Shiba Inu (SHIB) price is facing the consequences of the ongoing downtrend, which…
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