A closely followed crypto trader says that one layer-2 scaling solution still has more upside potential after a big rally. Pseudonymous trader The Flow Horse tells his 194,500 followers on the social media platform X that Polygon (MATIC) competitor Optimism (OP) is likely heading higher after a retest at the $3.45 level. “Another one that […]
Despite concerns over network congestion and high gas fees, Ethereum remains bullish in the long term, according to borovik.eth–a partner at Rollbit, who posted on X on December 26. The key factors driving the positive outlook are pointing to Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 solutions […]
In a groundbreaking financial shift, Bitcoin, the world’s original and deeply capitalized cryptocurrency, has swiftly climbed the ranks, securing its place among the top 15 largest currencies globally. Bold, a Bitcoin credit card company, revealed this remarkable feat in December, emphasizing Bitcoin’s uniqueness as the sole crypto in the top 20 currencies of sovereign central […]
A trader who accurately called the bottom of Bitcoin’s (BTC) 2018 bear market thinks that the uptrend of one Ethereum (ETH) challenger that has massively outperformed the broader crypto markets this year is far from over. Pseudonymous analyst Bluntz tells his 233,400 followers on the social media platform X that the people who are calling […]
After a wait of ten long years, the creditors of the now-defunct crypto exchange Mt. Gox are receiving compensation. Several Mt. Gox creditors have taken to social media to confirm receiving payments for their blocked Bitcoin deposits in fiats. Nobuaki Kobayashi, the trustee overseeing the collapsed exchange estate, sent emails to the rehabilitation creditors last […]
In the past week, some of the biggest Ethereum whales, those with holdings ranging from 1 million to 10 million ETH, have accumulated an impressive 100,000 ETH, valued at a staggering $230 million. This active buying stance by influential investors highlights their unwavering belief in the long-term potential of Ethereum, even in the face of […]
ATOM has ascended to the summit of network activity within the inter-Blockchain ecosystem. However, upon closer inspection, the narrative surrounding Cosmos unveils a more nuanced story. Despite the accolade of being at the forefront of blockchain network activity, a discerning analysis reveals a dip in actual user engagement and transaction volumes. Surprisingly, against the backdrop […]
Crypto analyst and trader Ali Martinez is warning that one Ethereum (ETH) rival is suddenly flashing a bearish signal. Martinez tells his 37,500 followers on the social media platform X that interoperability blockchain Polkadot (DOT) could decline by more than 20% from its current value. According to the trader, the Tom DeMark (TD) Sequential indicator, […]
According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments […]
Bitcoin price failed to extend gains above the $44,300 resistance. BTC is now moving lower and might find bids near the $42,400 support zone. Bitcoin started a downside correction from the $44,300 resistance zone. The price is trading below $43,500 and the 100 hourly Simple moving average. There is a key declining channel forming with […]
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