The Solana (SOL) price has witnessed an 11% increase, rebounding to $89.21, following a local low of $78 yesterday. This surge comes amidst a broader market recalibration and can be largely attributed to an announcement from the Solana Foundation. The foundation unveiled a new tokenization feature, stirring significant interest within …
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Bitcoin’s retracement has expanded, driven by heightened selling pressure, pushing the price toward a pivotal and decisive support region that includes the critical 200-day moving average and the middle boundary of the ascending channel. The price action within this significant range holds paramount importance in shaping Bitcoin’s future trajectory. Technical …
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The meme coin market is showing signs of recovery after two brutal weeks, with Bonk (BONK) rising over 9% in the past 24 hours. Several other major meme coins, like Dogecoin (DOGE) and Shiba Inu (SHIB), have also rebounded as the overall crypto market shows signs of life. As interest …
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Ethereum (ETH) has seen another leg down over the past 24 hours, shedding 4% of its value as the bears maintain control of the market. ETH now trades around $2,230 – 17% below its local high of $2,710 set on January 12. However, while Ethereum struggles, the Bitcoin Minetrix (BTCMTX) …
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In the past month, the Bitcoin price has experienced a significant decline after reaching a 22-month high of $49,000. Currently, the largest cryptocurrency has fallen below the crucial $40,000 mark, raising concerns about the prospects of the ongoing bull run and the overall bullish market structure. However, there are indications …
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Solana’s (SOL) price has continued to slide this week, dropping another 4% over the past 24 hours to hit $82.60. This decline comes amidst ongoing weakness in the broader crypto market, with Bitcoin (BTC) and Ethereum (ETH) also posting losses. However, while Solana struggles, the new altcoin Bitcoin Minetrix (BTCMTX) …
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Sponge (SPONGE) has been one of the biggest gainers in the meme coin space recently, soaring 180% in the past month to trade around $0.00088. Alongside this price rise, SPONGE has achieved over $5 million in staking value on its platform ahead of the hotly anticipated launch of its V2 …
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The Bitcoin price has plummeted below the $39,000 mark, the lowest level since December 2. This significant drop can be attributed to three main factors that have collectively contributed to the current market sentiment and price action. #1 Selling Pressure From Grayscale’s GBTC Outflows The market has been heavily influenced …
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Celsius Networks, currently undergoing bankruptcy proceedings, has engaged in significant Ethereum transactions that are causing ripples within the digital currency landscape. In the past 10 hours, on-chain analysts at LookonChain detected noteworthy transfers, including a 13,000 ETH deposit ($30 million) on Coinbase and an additional 2,200 ETH ($5 million) on …
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Bitcoin (BTC), the largest cryptocurrency in the market, has encountered a significant downturn following the waning hype around exchange-traded funds (ETFs), resulting in a 9% decline over the past fourteen days. However, Glassnode co-founders remain optimistic, asserting that the recent price corrections align with historical patterns and could propel Bitcoin …
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Bitcoin has been experiencing a downward trend recently, dropping from its 2023 all-time high of about $49,000 to below $41,000 at the time of writing. Despite this significant price correction, popular crypto analyst Kevin Svenson has predicted a new all-time high for BTC in the months after the 2024 Bitcoin …
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In the recent market developments, Ethereum showcased a remarkable upswing, surging to a yearly high of $2717. However, this ascent was met with considerable selling pressure, prompting a slight retracement and setting the stage for a potential short-term consolidation correction. By Shayan Ethereum Price Analysis: The Daily Chart A thorough …
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