Toncoin Sharpe Ratio Rising, Is TON Readying For $8?
Toncoin has cemented its position as a top 10 coin. However, considering the weakness across the board, TON, the native currency, has not been spared the hammering. Although losses might be contained, the coin is down nearly 36% from 2024 highs, finding strong support at around $4.5. TON buyers are confident prices will recover, breaking…
What’s Behind Bitcoin And Ethereum’s Exchange Exodus? Record-Low Reserves Could Hold The Key
Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets. Staying Away From Cryptocurrency Trading A recent trend showed that…
Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?
TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is trading at roughly $0.1605, indicating a small increase. Analysts express optimism on TRON’s future, forecasting a 57% price increase during the next three months, and an even more remarkable…
Shiba Inu Could Surge 340%, Echoing Its 2021 Bull Run Peak — Analyst
Shiba Inu (SHIB), the parody coin that hit the headlines in 2021, has reignited investor interest. Based on the examination of crypto expert Javon Marks, the token has recently emerged from a declining wedge formation, which may suggest that a substantial price increase is in the offing. Marks estimates that SHIB might increase by 342%…
Uniswap: New Crypto Developments Lift UNI Price Up by 17% – Details
Uniswap has surprisingly outpaced the broader market with the token experiencing an outstanding 17% uptick since last week, gaining bigger retail interest. This has been caused by a recent development that provided a new level of user experience on the platform. This week, Uniswap announced Unichain, a new L2 with faster block times and cross-chain…
Whales Accumulate 40 Million XRP In 48 Hours – Where’s The Price Headed?
Popular crypto analyst Ali Martinez shared data suggesting an interesting accumulation trend among XRP investors despite ongoing price uncertainty. According to Martinez, who referenced data from on-chain analytics platform Santiment, XRP whales have made substantial purchases totaling around 40 million XRP within the last 48 hours. This significant accumulation trend coincides with a rise in…
Aptos Outperforms Broader Market By 18% – Here’s Why
With the market correction still felt by most of the altcoin market, Aptos rose through the ranks clutching a win for investors and traders. APT bulls pulled through, with the latest market data marking an 18% uptick in value since last week, a sign that the token might continue to push through the bearish onslaught…
Whales Hoard $90 Million In Bitcoin: A Sign Of What’s To Come?
Bitcoin whales have stockpiled $90 billion in BTC since May, a period marked by range-bound market conditions. According to an open disclosure by Axel Adler Jr. of CryptoQuant, investors holding over 1,000 BTC have seen rapid growth in their balances. Whale Appetite Grows Over the past six months, they accumulated about 1.5 million BTC, representing…
SUI Eyes Bullish Breakout As Crypto Traders Go Long Above $2 – What’s Next?
Sui (SUI) could witness a bullish breakout soon enough, with crypto traders betting on the crypto climbing above $2. SUI’s fundamentals also paint a bullish picture for the crypto and indicate that it could be one of the best performers in this market cycle. SUI Eyes Breakout With Traders Going Long SUI could be on…
Expert Dissects $60 Forecast For XRP Price, Institutional Investors Are The Key
A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. XRP Eyes $60 With SWIFT’s Volume Boost In a…