Dogecoin (DOGE) and other altcoins are stealing some of Bitcoin’s shine as the benchmark crypto stalls at its current levels. However, the recent rally could spell trouble for optimistic traders and investors waiting for a continuation of the trend. As of this writing, Dogecoin (DOGE) trades at $0.08 with sideways movement in the last 24…
The Cardano ecosystem has the potential for further growth. The network has grown tremendously in various sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). The blockchain has recorded massive adoption over the past months emerging as the third most active blockchain in development activity. According to data from Cardano Blockchain Insights, this blockchain’s ecosystem…
The XRP price dipped in 2022 during the crypto winter, and the back-and-forth legal exchange between Ripple Labs and the U.S. Securities and Exchange Commission has not helped matters. However, the token is still attracting interest from whales and institutional investors. XRP still has a chance of recovery, which seems to be the motivation behind…
The general crypto market has increased in market cap in 24 hours, up by 2.89%. Ethereum (ETH), the second-largest crypto project, is also trading in the green in the same time period. Despite being so early in 2023, ETH has recorded significant price gains in the crypto market. Ethereum is still off its all-time high…
On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here’s how this may impact the crypto’s price. Litecoin Transactions Valued Higher Than $1 Million Have Surged According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here…
Polkadot (DOT) is in the green (see image below) and going steady. Could this hint at price recovery? Even though Polkadot’s funding rate plunged for a while, it is showing some improvement at the time of writing. Here’s a quick look at DOT price movement: Polkadot price is up by 14.9% in the weekly DOT…
Cardano’s native coin ADA has seen many rallies since the start of this year. The token owes its performance to the improving economic condition in the market and the ongoing developments on the Cardano Network. Over the past seven days, ADA has observed more than a 15% price gain in 7 days and an over…
In a new interview, Charles Edwards of Capriole Investments shared his Bitcoin theses for 2023. Looking back at the past few months, the renowned expert said those have put the market in a position where Bitcoin offers “a great position for long-term investors.” As Edwards noted, almost every sentiment metric imaginable fell into the “biggest…
CryptoQuant’s Bitcoin on-chain PnL index has surged above its 365-day MA recently, a crossover that has historically signaled early bull markets. Bitcoin On-Chain PnL Index Has Formed A Bullish Crossover As per data from the on-chain analytics firm CryptoQuant, the index is indicating a buy signal for BTC right now. The “CryptoQuant on-chain PnL index”…
The Aptos Mainnet was only launched in full back in October 2022 in the midst of last year’s tumultuous bear market. Since then, the developmbnt team of Aptos has been busy. According to Santiment, development on-chain has been nearly consistent even as it is a far cry from all-time-high levels. Because of this, CoinGecko noted…
