Ethereum (ETH) is giving off mixed signals. While some analysts see a potential price surge, others are worried about rising ETH held on cryptocurrency exchanges. Is Ethereum Hitting Bottom? ETH has taken a dive recently, dropping about 20% in two weeks. This wiped out a huge chunk of its market value. Despite this, some analysts…
Ethereum’s price has been on a wild ride lately, mirroring Bitcoin’s ups and downs. After a bumpy start to the week, ETH shot up by 10% in just 24 hours! This rebound comes after a market correction that had investors worried. While Ethereum’s price is still tied to Bitcoin’s, some interesting data suggests a potential…
A crypto analyst who correctly predicted recent price drops for Bitcoin (BTC) and Solana (SOL) is now warning about XRP. Bearish Signals for XRP The analyst, known as Bluntz, claims XRP is showing a bearish divergence on weekly charts. This means the coin’s price action is weakening, suggesting a potential downtrend. Bluntz also points to…
Robinhood, the popular US trading app, recently added Arbitrum (ARB), an Ethereum scaling solution, to its platform. This listing sparked a noticeable price jump for ARB. ARB’s Price Surge The news sent ARB’s price climbing from $0.374 to $0.421 in just one day. At the time of writing, it’s trading around $0.419, representing a roughly…
CryptoQuant’s CEO, Ki Young Ju, recently shared his insights on the current state of the Bitcoin and broader cryptocurrency markets. He believes a key factor hindering a significant rally is the overall sentiment in the United States. US Sentiment is Key Ju, who boasts a large following on X (formerly Twitter), stated that the crypto…
A popular crypto analyst, Rekt Capital, believes Bitcoin (BTC) has likely bottomed out and is showing bullish signs. This comes after a recent price drop. Bullish Signals Despite Price Drop Rekt Capital, who boasts over 500,000 followers on X (formerly Twitter), points to a pattern of higher lows on Bitcoin’s daily chart. This suggests a…
Billionaire investor Ray Dalio is warning of a potential financial meltdown in the US. He’s calling it a “debt debt spiral” – basically, the US is borrowing more and more money just to pay off its existing debts, and that’s unsustainable. He compares the situation to a ticking time bomb. The US Debt Problem: A…
Bitcoin’s been having a bit of a rollercoaster ride lately. It’s fallen below $100,000 and is currently filling a “CME gap.” But don’t panic just yet – some analysts think this might actually be a good thing. What’s a CME Gap, Anyway? A CME gap happens when Bitcoin’s price jumps between the close of one…
XRP is seeing a huge jump in activity lately, and it’s all over the blockchain. Active Addresses Explode A recent analysis shows a massive increase in active XRP addresses – a whopping 620% increase in just one week! This means many more people are buying, selling, and moving XRP around. An active address is simply…
Bitcoin’s price recently took a tumble, causing investors to offload a significant amount of their holdings at a loss. This sell-off wasn’t just a minor dip; it resulted in a massive $818 million in realized losses – the second largest this year. What is Realized Loss? On-chain data, specifically the “Realized Loss” metric, tracks the…
