In Brief Dogecoin gained 60,000 new holders in 10 days, indicating renewed retail interest and potential for a price rally. The MVRV ratio has turned positive from negative territory hints at undervaluation, reinforcing the bullish bias. A bull flag breakout could push DOGE to $0.60, or even $1, but a drop below $0.33 would invalidate…
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In Brief MicroStrategy might replace Moderna in the Nasdaq 100, riding high on its Bitcoin-driven stock surge. Nasdaq’s classification rules currently list MicroStrategy as a tech stock, bypassing restrictions on financial companies. Analysts Eric Balchunas and James Seyffart see reclassification risks but expect inclusion if no changes occur before March. According to Eric Balchunas and…
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In Brief Raydium (RAY) price skyrockets 665% in 2024, surpassing Uniswap in monthly DEX volumes with a $23 billion weekly surge. RAY dominates Solana DEX volumes, capturing 50% market share and generating $226M in fees over the past 30 days. RSI nears overbought levels as bullish EMA crossover signals potential to test resistance at $6…
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In Brief Michaël van de Poppe predicts Ethereum’s bull run will resume in late 2024 and last into 2025, supported by key resistance tests. The IOMAP data shows robust support at $3,715, setting a foundation for potential rallies to $4,500 in a bullish scenario. ETH price must hold above $3,505 to confirm bullish momentum, with…
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In Brief Marathon Digital purchased 11,774 Bitcoin for $1.1 billion, using funds from a zero-coupon convertible notes offering. Marathon now holds 40,435 Bitcoin, valued at $3.9 billion, aligning with a trend among major firms. The company supplements mining with direct BTC buys, mirroring moves by firms like Riot Platforms. Marathon Digital Holdings (MARA) purchased 11,774…
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In Brief BNB price faces a downtrend after reaching an all-time high, with ADX rising to 31, signaling intensifying bearish momentum. Below the Ichimoku Cloud, BNB shows weakening bullish signals, flat spans, and increased selling pressure in the short term. A potential death cross in EMA lines highlights risks of further declines, with key support…
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In Brief Bitwise predicts Bitcoin reaching $200K and record highs for Ethereum and Solana in 2025. Coinbase may join the S&P 500, and MicroStrategy could enter the Nasdaq-100. Stablecoin assets are expected to double to $400B with U.S. legislation progress. Asset management firm Bitwise has issued ten highly optimistic predictions for the crypto market in…
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In Brief Ripple’s price surged over 330% in 30 days, hitting a 6-year high, but RSI at 46 suggests cooling bullish momentum and potential consolidation. XRP’s CMF at -0.01 highlights weak selling pressure, with uncertainty surrounding the asset’s ability to sustain positive momentum. Price could test $2.16 support or drop to $1.63, but regaining momentum…
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In Brief MOVE token launched with a $1.6 billion market cap after its Binance listing and airdrop. The token recorded $450 million in trading volume within the first 90 minutes of launch. Movement Labs raised $38 million in Series A funding earlier this year, led by Polychain Capital. Movement Network, a blockchain platform built on…
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In Brief Movement raised $41.4 million, offering a $66,000 MOVE airdrop opportunity for active participants. Vana targets tech-savvy users with node requirements; Nexus offers an accessible, browser-based airdrop. Wormhole rewards staking, XION emphasizes loyalty, and StarkNet hints at future drops. Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors.…
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