The current state of Ethereum reflects a prominent bearish trend that has caused fear and uncertainty among market participants. The decline in Ethereum’s price, marked by a sharp pullback to the lower boundary of a broken wedge, has been further exacerbated by the formation of a death cross. This technical indicator, where the 100-day moving
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The cryptocurrency market has always been known for its volatility, and this unpredictability seems to have been heightened in recent times. Despite the market dipping, there has been a surge in whale activity among large investors. A recent analysis by data intelligence firm Santiment has shed light on the top ten crypto projects experiencing the
The recent Bitcoin and crypto market crash has seen prices plunge into the red across the board. As a result, sentiment among crypto investors has plunged rapidly and this has caused the Fear & Greed Index to plunge into the Extreme Fear territory. The Bitcoin Fear & Greed Index is one of the best indicators
Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. The recent report from CryptoQuant offers clarity on factors currently
Recent developments in the cryptocurrency market have shown that Ethereum has entered oversold territory, leading many to believe that a price rally may be imminent. Analysts such as Titan of Crypto and Crypto Wolf have been quick to point out that Ethereum is primed for a significant uptick in price. According to Titan of Crypto,
Trading in the financial markets can be both thrilling and demanding, requiring quick decision-making and constant attention. Many individuals find it challenging to keep up with the fast-paced nature of trading. This is where trading bots, such as those offered by ValueZone AI, come into play. These automated tools are designed to handle the hard
The recent drop in the percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit to its lowest level of the year, similar to levels last seen in October 2023, has raised concerns among investors. This decline in the metric is closely associated with the current downturn in bitcoin’s price as well as the downward trend
The recent US jobs report released on Friday fell short of expectations, with only 142,000 new jobs added in August compared to the anticipated 160,000 or more. This lackluster job growth has raised concerns about the state of the economy and has led to speculation about the actions that the US Federal Reserve may take
Toncoin (TON) has recently experienced a significant drop in price, trading 40% lower than its June high. This downward trend has left nearly 80% of its investors facing losses, reflecting a stark contrast to the bullish run the cryptocurrency had earlier in 2024. Impact of Negative News The decline in Toncoin’s price can be attributed
Recently, a federal judge rejected Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders. The lawsuit alleges that the largest US crypto exchange downplayed the likelihood of being sued by the US Securities and Exchange Commission (SEC). The judge ruled that shareholders had adequately alleged that Coinbase and its top executives defrauded them
