Aave, positioned in the middle of the pack among various altcoins, is showcasing #bullish divergences that have caught the attention of market observers. Despite being the 50th ranked market cap asset, it has recently seen the highest accumulation of coins by the top 150 wallets in the past 5 months. Simultaneously, Aave’s Relative Strength Index […]
Tag: cryptocurrency
Bitcoin slipped by almost 10% today near the $40,000 level but recovered briefly due to a sharp rejection. However, it remains bullish on a mid-term. But most altcoins are now painting red as they drop to a week low. Earlier this month, Bitcoin broke out of its long ascending channel and extended bullish to a […]
Unifi Protocol DAO’s native token, $UNFI, has recently faced a significant downturn, witnessing a 12% loss within the past 24 hours and a more substantial 35% decline over the last 7 days. Insights shared by Spotonchain on X have brought attention to potential factors contributing to this recent drop in price. The analysis points to […]
pNetwork ($PNT), the open-source multi-chain routing protocol initially launched as pTokens in late 2019, has achieved a new yearly high after unveiling its comprehensive sustainability plan. The pNetwork Token (PNT) serves a triple role as the governance token for the pNetwork DAO, the staking currency for pNetwork nodes, and the reward currency for services rendered […]
Recent revelations from on-chain data source Spot On Chain have shed light on a significant event in the cryptocurrency realm. Also, it was uncovered that a total of nine cryptocurrency whales engaged in the distribution of more than 8.13 million RNDR tokens, equivalent to approximately $30.9 million USD. Or course, this transaction occurred through the […]
Recently, Binance, a leading cryptocurrency exchange, dropped a bombshell on November 27th by announcing the delisting of several tokens, including BitShares (BTS), PERL.eco (PERL), Tornado Cash (TORN), and Waltonchain (WTC). Notably, the affected trading pairs, which includes BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC, and WTC/USDT, are set to be removed from the platform on December 7th. Update […]
In recent analyses from Spotonchain, a key player in the crypto analysis arena, Ethereum whales have taken center stage in what appears to be a prelude to an anticipated bullish surge. Ethereum, securing its spot as the second-largest cryptocurrency globally with a market cap north of $247 billion, has become the focal point of significant […]
Synthetix (SNX) has reached a peak not found in 15 months, hitting $3.64, reminiscent of its August 2022 levels. Throughout the course of recent hours, SNX has shown strong development, increasing by more than 18%, and a considerably more noteworthy flood of 80% in the past month. As of now, SNX gladly stands firm on […]
Render Network’s utility coin, $RNDR, has recorded a notable increase in all the cryptocurrency market, witnessing an impressive surge of over 35% inside the last 24 hours. Also, presently holding the 51st spot in market capitalization, $RNDR is currently trading at $3.12 price range. Notably, the major cause of this noteworthy price surge can be […]
DWF Labs, a central part in cryptocurrency trading and a global asset market producer, has formally gone into an essential partnership with Kava Chain, a secure layer-1 blockchain. Notably, this coalition is ready to altogether improve Kava’s decentralized finance (DeFi) ecosystem. Also, especially its decentralized exchanges (DEXs), by utilizing the extensive capacities and ability of […]