In the volatile world of cryptocurrency trading, large investors known as whales play a significant role in market movement. Despite the ongoing fluctuations in the crypto market, data intelligence firm Santiment has identified the top ten crypto projects experiencing a surge in whale activity. Ethereum-based SuperRare One of the projects topping the list is SuperRare,
Opeyemi is not just your regular writer; he is a dedicated enthusiast in the dynamic and captivating realm of cryptocurrency. Despite not initially gravitating towards the digital asset industry, Opeyemi delved into this space over two years ago and has been captivated ever since. His passion lies in creating thought-provoking pieces that demystify the complexities
Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. This dramatic
The recent plummet in Bitcoin and cryptocurrency prices has resulted in a widespread downturn in the market. This has led to a sharp decline in sentiment among crypto investors, causing the Fear & Greed Index to drop into the Extreme Fear zone. This decline suggests that investors are becoming more hesitant to invest in the
In today’s financial markets, trading can be both exhilarating and demanding. The need for quick decision-making and constant vigilance can be overwhelming for many individuals. This is where the use of trading bots comes into play. These automated tools are designed to alleviate some of the burden associated with trading and offer a more streamlined
Recent developments in the crypto market have indicated that Ethereum has entered oversold territory, which could potentially signal a bullish trend for the second-largest cryptocurrency by market cap. Analysts such as Titan of Crypto have pointed out that historically, when the relative strength index (RSI) is in or near oversold territory on the 3-day chart,
The current data reveals that the percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has dropped to its lowest level in the year, a figure last witnessed back in October 2023. This decline in the UTXO metric seems to coincide with the recent downward trend in bitcoin’s price as well as the broader cryptocurrency
The US jobs report released on Friday fell short of general expectations, with only 142,000 new jobs added in August compared to the anticipated 160,000. This disappointing figure brought the three-month average to 86,000, significantly lower than the 202,000 seen in the same period the year before. While the job addition numbers were underwhelming, the
Toncoin (TON) has experienced a significant drop in price since its peak in June, currently trading at around $4.80, which is 40% lower than its highest point. The decline in price can be attributed to negative news surrounding the arrest of Pavel Durov, the founder and CEO of Telegram, the messaging app associated with TON.
Recently, a federal judge made a significant ruling in a proposed class action lawsuit against Coinbase. The lawsuit alleges that the largest US crypto exchange misled shareholders about the possibility of facing legal action from the SEC. The judge, Brian Martinotti, found that Coinbase and its top executives may have defrauded shareholders by downplaying the