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Over $180 Million in Solana (SOL) Sent to Major Exchange: Details. Whale Alert has identified a series of large Solana (SOL) transactions totaling over $180 million sent to Coinbase. The transfers, occurring today, indicate potential market-moving activity by major crypto holders, often referred to as whales. Notably, the series of transactions includes a transfer of 322,817 SOL, valued at $45.5 million, from an unknown wallet to Coinbase. Another transfer of 318,664 SOL, valued at $44.9 million, was also sent from an unknown wallet to Coinbase. Additionally, 317,314 SOL, valued at $44.7 million, and another 322,817 SOL, valued at $45.5 million, were transferred from unknown wallets to Coinbase. An important thing to note here is that the timing of these whale moves coincides with a broader downturn in the crypto market. Crypto bloodbath and SOL price. The global crypto market cap has experienced a 5.07% decrease over the last day, now standing at $2.13 trillion. This market-wide crash has been predominantly led by Bitcoin (BTC), whose decline often influences the entire crypto ecosystem. The SOL price has not been immune to the market downturn. Currently trading at $135.01, SOL has seen a decline of 7.8% in the past 24 hours. The sudden influx of SOL to Coinbase, likely for liquidation, has added to the bearish sentiment surrounding the asset. The crypto market has been experiencing increased volatility, and the significant transfers of SOL to Coinbase add another layer of uncertainty. These transfers are critical because whales can have outsized effects on the market due to the large volumes involved. Today's movements show the influence of whale activity on the market. The transfer of over $180 million in Solana to Coinbase is a noteworthy event, and the next few days will be crucial in determining the near-term trajectory of the SOL price and the broader crypto market.
Over $180 Million in Solana (SOL) Sent to Major Exchange: Details.

Whale Alert has identified a series of large Solana (SOL) transactions totaling over $180 million sent to Coinbase. The transfers, occurring today, indicate potential market-moving activity by major crypto holders, often referred to as whales.

Notably, the series of transactions includes a transfer of 322,817 SOL, valued at $45.5 million, from an unknown wallet to Coinbase. Another transfer of 318,664 SOL, valued at $44.9 million, was also sent from an unknown wallet to Coinbase.

Additionally, 317,314 SOL, valued at $44.7 million, and another 322,817 SOL, valued at $45.5 million, were transferred from unknown wallets to Coinbase. An important thing to note here is that the timing of these whale moves coincides with a broader downturn in the crypto market.

Crypto bloodbath and SOL price.

The global crypto market cap has experienced a 5.07% decrease over the last day, now standing at $2.13 trillion. This market-wide crash has been predominantly led by Bitcoin (BTC), whose decline often influences the entire crypto ecosystem.

The SOL price has not been immune to the market downturn. Currently trading at $135.01, SOL has seen a decline of 7.8% in the past 24 hours. The sudden influx of SOL to Coinbase, likely for liquidation, has added to the bearish sentiment surrounding the asset.

The crypto market has been experiencing increased volatility, and the significant transfers of SOL to Coinbase add another layer of uncertainty. These transfers are critical because whales can have outsized effects on the market due to the large volumes involved.

Today's movements show the influence of whale activity on the market. The transfer of over $180 million in Solana to Coinbase is a noteworthy event, and the next few days will be crucial in determining the near-term trajectory of the SOL price and the broader crypto market.
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Shiba Inu (SHIB) to Add Zero? Price Makes Unprecedented Turn. Shiba Inu now trades at the $0.000015 price level, which is the support of the "last resort," and there is a real possibility of an aggravation. We might even see Shiba Inu adding another zero to its price if $0.00001 does not hold. Recent pressure on Shiba Inu has been substantial, reflecting the decline on the cryptocurrency market as a whole. Right now, the asset is trading near the crucial support level at $0.00001541. The 50 EMA at $0.00002179, the 100 EMA at $0.00002131 and the 200 EMA at $0.00001944, which collectively indicate a bearish trend, are the key moving averages that SHIB is trading below, according to technical indicators. SHIB is in oversold territory according to the RSI at 26, but this might not be enough to stop further declines. For SHIB, the $0.000015 level is critical. The next key level to keep an eye on is $0.00001 if this support breaks. If SHIB breaks below this barrier it might add another zero to its price, dealing a serious psychological blow to investors and possibly increasing selling pressure. According to the token summary, 48% of holders are profitable at the current price, compared to 49%, who are not. Such a rate mostly suggests that uncertainty is what currently prevails on the market, and the situation is unlikely to change in the foreseeable future. Shiba Inu's ability to maintain the $0.000015 support level will determine its fate. Failure to maintain this level might cause SHIB's price to drop precipitously and possibly add another zero. Investors should keep a close eye on Bitcoin's performance as well as more general market trends, as they seem to impact SHIB's performance substantially.
Shiba Inu (SHIB) to Add Zero? Price Makes Unprecedented Turn.

Shiba Inu now trades at the $0.000015 price level, which is the support of the "last resort," and there is a real possibility of an aggravation. We might even see Shiba Inu adding another zero to its price if $0.00001 does not hold.

Recent pressure on Shiba Inu has been substantial, reflecting the decline on the cryptocurrency market as a whole. Right now, the asset is trading near the crucial support level at $0.00001541. The 50 EMA at $0.00002179, the 100 EMA at $0.00002131 and the 200 EMA at $0.00001944, which collectively indicate a bearish trend, are the key moving averages that SHIB is trading below, according to technical indicators.

SHIB is in oversold territory according to the RSI at 26, but this might not be enough to stop further declines. For SHIB, the $0.000015 level is critical. The next key level to keep an eye on is $0.00001 if this support breaks. If SHIB breaks below this barrier it might add another zero to its price, dealing a serious psychological blow to investors and possibly increasing selling pressure.

According to the token summary, 48% of holders are profitable at the current price, compared to 49%, who are not. Such a rate mostly suggests that uncertainty is what currently prevails on the market, and the situation is unlikely to change in the foreseeable future.

Shiba Inu's ability to maintain the $0.000015 support level will determine its fate. Failure to maintain this level might cause SHIB's price to drop precipitously and possibly add another zero. Investors should keep a close eye on Bitcoin's performance as well as more general market trends, as they seem to impact SHIB's performance substantially.
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Investor Sells Michi Tokens for Profit. In a dramatic turn of events, the meme- based cryptocurrency Michi token on the S olana Blockchain experienced a significant price drop, plummeting 25% from $0.1971 to $0.1482 in the last 24 hours. This sudden decline was triggered by a substantial transaction reported by Blockchain analysis platform Lookonchain, where an anonymous investor sold a large amount of Michi tokens. What Triggered the Price Drop? The anonymous investor offloaded 8.6 million Michi tokens, receiving 1.34 million USDC (USD Coin) in return. The transaction yielded a remarkable profit of $1.24 million for the investor, who initially acquired the tokens for 578 SOL, amounting to $103,000. This purchase occurred over a week from April 8 to April 15, at an average token price of $0.01186. How Did the Market React? The massive sale induced substantial selling pressure on Michi's price, causing the significant drop. Coincidentally, the sale happened as Pump.fun, a high- performing token this year, was rising. This implies that the investor anticipated a further decline in Michi's price. Currently, Michi is trading at $0.1483, marking a 24.7% drop in the past 24 hours, with trading volume increasing slightly to $22 million and market cap at $80 million.
Investor Sells Michi Tokens for Profit.

In a dramatic turn of events, the meme- based cryptocurrency Michi token on the S olana Blockchain experienced a significant price drop, plummeting 25% from $0.1971 to $0.1482 in the last 24 hours. This sudden decline was triggered by a substantial transaction reported by Blockchain analysis platform Lookonchain, where an anonymous investor sold a large amount of Michi tokens.

What Triggered the Price Drop?

The anonymous investor offloaded 8.6 million Michi tokens, receiving 1.34 million USDC (USD Coin) in return. The transaction yielded a remarkable profit of $1.24 million for the investor, who initially acquired the tokens for 578 SOL, amounting to $103,000. This purchase occurred over a week from April 8 to April 15, at an average token price of $0.01186.

How Did the Market React?

The massive sale induced substantial selling pressure on Michi's price, causing the significant drop. Coincidentally, the sale happened as Pump.fun, a high- performing token this year, was rising. This implies that the investor anticipated a further decline in Michi's price. Currently, Michi is trading at $0.1483, marking a 24.7% drop in the past 24 hours, with trading volume increasing slightly to $22 million and market cap at $80 million.
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Peter Schiff Names Next 'Critical' Bitcoin (BTC) Support. Renowned gold and Bitcoin bear Peter Schiff stated that he believes the trend in Bitcoin may intensify while pointing out a critical support level that Bitcoin investors should make sure not to overlook. In case of a breakdown, his chart suggests that the digital gold may lose up to 60% of its value. Right now, the price of Bitcoin is slightly below the 200 EMA. This level has always been a reliable stopgap for a long-term trend, which makes it significant. Breaking below this mark could signal a more serious bearish trend and significant price drops. The bearish outlook has been reinforced by resistance at the 50 EMA, which is located at $63,634, and the 100 EMA, which is located at $63,315. While the overall trend remains weak, the RSI at 31 indicates that Bitcoin is approaching oversold territory, suggesting a possible short-term recovery. Peter Schiff's analysis of Bitcoin often leans heavily toward bearish extremes despite the fact that it is based on traditional market skepticism. If Bitcoin breaks its current support, a prediction of, say, 60% of the value could be considered alarmist. A 60% decline would suggest a drop to roughly $23,000, which might not be consistent with previous price patterns even though further drops are still possible. Despite those drops, Bitcoin has been exhibiting some resilience - but obviously not enough. As a result of adoption trends and optimistic investor sentiment, Bitcoin has previously recovered from similar drops. Despite recent drops, institutional interest in Bitcoin has not diminished. Institutions continue to support Bitcoin by investing in and developing products linked to the cryptocurrency, indicating their confidence in its long-term potential. The market's sentiment is subject to sudden changes. Positive news can swiftly alter the narrative and drive up costs. Clearer regulations or enhanced technology are two examples of this.
Peter Schiff Names Next 'Critical' Bitcoin (BTC) Support.

Renowned gold and Bitcoin bear Peter Schiff stated that he believes the trend in Bitcoin may intensify while pointing out a critical support level that Bitcoin investors should make sure not to overlook. In case of a breakdown, his chart suggests that the digital gold may lose up to 60% of its value.

Right now, the price of Bitcoin is slightly below the 200 EMA. This level has always been a reliable stopgap for a long-term trend, which makes it significant. Breaking below this mark could signal a more serious bearish trend and significant price drops. The bearish outlook has been reinforced by resistance at the 50 EMA, which is located at $63,634, and the 100 EMA, which is located at $63,315.

While the overall trend remains weak, the RSI at 31 indicates that Bitcoin is approaching oversold territory, suggesting a possible short-term recovery. Peter Schiff's analysis of Bitcoin often leans heavily toward bearish extremes despite the fact that it is based on traditional market skepticism.

If Bitcoin breaks its current support, a prediction of, say, 60% of the value could be considered alarmist. A 60% decline would suggest a drop to roughly $23,000, which might not be consistent with previous price patterns even though further drops are still possible. Despite those drops, Bitcoin has been exhibiting some resilience - but obviously not enough.

As a result of adoption trends and optimistic investor sentiment, Bitcoin has previously recovered from similar drops. Despite recent drops, institutional interest in Bitcoin has not diminished.

Institutions continue to support Bitcoin by
investing in and developing products linked to the cryptocurrency, indicating their
confidence in its long-term potential. The
market's sentiment is subject to sudden
changes. Positive news can swiftly alter
the narrative and drive up costs. Clearer
regulations or enhanced technology are two examples of this.
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41.5 Million Dogecoin (DOGE) in 24 Hours as Heavy Liquidation Hits Crypto. With the growing drawdown in the crypto industry, Dogecoin (DOGE) appears to be caught in the crossfire. Data from CoinGlass shows that Dogecoin is at the forefront of the meme coin liquidation with more than $4 million liquidated in 24 hours. Dogecoin liquidation crossfire. While this liquidation figure of $4.92 million in 24 hours is small compared to the $90.06 million for Bitcoin (BTC), it is still significant for DOGE. At the liquidation mark, a total of 41,554,054 DOGE has been liquidated thus far, with long traders accounting for $4.87 million of the total. The Dogecoin spotlight comes as the price of the first meme coin dropped by 7.89% to $0.1121 in 24 hours. Historically, this is its lowest price in the past month, where it has dropped by more than 29%. The meme coin ecosystem is particularly at a tipping point at the moment, with no positive growth among the most capitalized coins. While PEPE also recorded over $4 million in liquidations, the expectation that the more than 8,500% surge in the Shiba Inu (SGHIB) burn rate would trigger an ecosystem-wide recovery failed to materialize. This has left the meme coin sector at the mercy of the broader market that has seen the price of Bitcoin fall to $58,000. Market expectations from altcoins. Despite the negative twist to the current price performance, Dogecoin and the rest of the meme coins have a very unique ecos ystem fundamental. Besides whale accumulation and growing volume, meme coins are like a litmus test for broad market volatility. The expectation is that as the market continues its freefall, these altcoins can hit their bottom soon enough. If this is achieved, the meme coin rebound might turn out to be more prominent when compared to the rest of the altcoins. With DOGE, PEPE and SHIB in the spotlight, the harder they fall, the higher their resurgence might be.
41.5 Million Dogecoin (DOGE) in 24 Hours as Heavy Liquidation Hits Crypto.

With the growing drawdown in the crypto industry, Dogecoin (DOGE) appears to be caught in the crossfire. Data from CoinGlass shows that Dogecoin is at the forefront of the meme coin liquidation with more than $4 million liquidated in 24 hours.

Dogecoin liquidation crossfire.

While this liquidation figure of $4.92 million in 24 hours is small compared to the $90.06 million for Bitcoin (BTC), it is still significant for DOGE. At the liquidation mark, a total of 41,554,054 DOGE has been liquidated thus far, with long traders accounting for $4.87 million of the total.

The Dogecoin spotlight comes as the price of the first meme coin dropped by 7.89% to $0.1121 in 24 hours. Historically, this is its lowest price in the past month, where it has dropped by more than 29%.

The meme coin ecosystem is particularly at a tipping point at the moment, with no positive growth among the most capitalized coins. While PEPE also recorded over $4 million in liquidations, the expectation that the more than 8,500% surge in the Shiba Inu (SGHIB) burn rate would trigger an ecosystem-wide recovery failed to materialize.

This has left the meme coin sector at the mercy of the broader market that has seen the price of Bitcoin fall to $58,000.

Market expectations from altcoins.

Despite the negative twist to the current price performance, Dogecoin and the rest of the meme coins have a very unique ecos ystem fundamental. Besides whale accumulation and growing volume, meme coins are like a litmus test for broad market volatility.

The expectation is that as the market continues its freefall, these altcoins can hit their bottom soon enough. If this is achieved, the meme coin rebound might turn out to be more prominent when compared to the rest of the altcoins.

With DOGE, PEPE and SHIB in the spotlight, the harder they fall, the higher their resurgence might be.
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BNB, ADA and SOL Price Prediction for July 3. BNB/USD. The rate of Binance Coin (BNB) has declined by 3.31% over the last 24 hours. On the daily chart, one should pay attention to the candle's closure in terms of the support level of $551.2. If the bar closes near it, the accumulated energy might be enough for a breakout to the $530-$540 area. BNB is trading at $558.29 at press time. ADA/USD Cardano (ADA) has followed the drop of BNB, going down by 0.90%. The price of ADA has made a false breakout of the resistance level of $0.4210. If the bar closes far from it, bears may again seize the initiative, which can lead to a decline to the $0.39-$0.40 range. ADA is trading at $0.4059 at press time. SOL/USD. Solana (SOL) is not an exception to the rule, falling by 3.42%. From the technical point of view, the rate of SOL has absorbed yesterday's rise. If the candle closes around the current prices, there is a chance to see an ongoing correction to the $120-$130 zone. SOL is trading at $141.90 at press time.
BNB, ADA and SOL Price Prediction for July 3.

BNB/USD.

The rate of Binance Coin (BNB) has declined by 3.31% over the last 24 hours.

On the daily chart, one should pay attention to the candle's closure in terms of the support level of $551.2.

If the bar closes near it, the accumulated energy might be enough for a breakout to the $530-$540 area.

BNB is trading at $558.29 at press time.

ADA/USD

Cardano (ADA) has followed the drop of BNB, going down by 0.90%.

The price of ADA has made a false breakout of the resistance level of $0.4210. If the bar closes far from it, bears may again seize the initiative, which can lead to a decline to the $0.39-$0.40 range.

ADA is trading at $0.4059 at press time.

SOL/USD.

Solana (SOL) is not an exception to the rule, falling by 3.42%.

From the technical point of view, the rate of SOL has absorbed yesterday's rise. If the candle closes around the current prices, there is a chance to see an ongoing correction to the $120-$130 zone.

SOL is trading at $141.90 at press time.
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No Floki Token on Solana, Shiba Inu Rival Issues Key Alert. Shiba Inu rival Floki has issued an important scam warning to the cryptocurrency community. In a recent tweet, Floki raised an alarm regarding fraudulent claims that suggest the existence of a Floki token on the Base or Solana blockchains. Floki has clarified that its token, FLOKI, is only tradeable on the Binance Smart Chain (BNB) and Ethereum (ETH) blockchains. To prevent any confusion and ensure the safety of crypto participants, Floki has provided the correct contract addresses for trading on these two chains. The team has emphasized that any other claims of FLOKI tokens existing on different blockchains are entirely false and attempts to deceive the community. Floki's proactive approach aims to safeguard investors from falling prey to such scams. Floki's message to crypto participants is clear: Stay safe and always verify information from official sources. The team urges the community to exercise due diligence and cross-check any information with official Floki channels before making any transactions. This alert serves as a reminder of the importance of vigilance in the cryptocurrency space, where scams can often appear legitimate. The crypto community is urged to heed Floki's warning and only engage with verified contract addresses when trading FLOKI tokens. Floki dips 9% amid market sell-off. The cryptocurrency market has recently experienced a significant sell-off, leading to a downturn in the prices of many digital assets. Floki has not been immune to this trend, recording declines amid the market turbulence. At the time of writing, FLOKI was down 9% in the last 24 hours to $0.00001653. Floki, which is part of the broader ecosystem of dog-themed cryptocurrencies, has seen its trading volume increase by 6.61% to $285 million over the last 24 hours.
No Floki Token on Solana, Shiba Inu Rival Issues Key Alert.

Shiba Inu rival Floki has issued an important scam warning to the cryptocurrency community. In a recent tweet, Floki raised an alarm regarding fraudulent claims that suggest the existence of a Floki token on the Base or Solana blockchains.

Floki has clarified that its token, FLOKI, is only tradeable on the Binance Smart Chain (BNB) and Ethereum (ETH) blockchains. To prevent any confusion and ensure the safety of crypto participants, Floki has provided the correct contract addresses for trading on these two chains.

The team has emphasized that any other claims of FLOKI tokens existing on different blockchains are entirely false and attempts to deceive the community. Floki's proactive approach aims to safeguard investors from falling prey to such scams.

Floki's message to crypto participants is clear: Stay safe and always verify information from official sources. The team urges the community to exercise due diligence and cross-check any information with official Floki channels before making any transactions.

This alert serves as a reminder of the importance of vigilance in the cryptocurrency space, where scams can often appear legitimate. The crypto community is urged to heed Floki's warning and only engage with verified contract addresses when trading FLOKI tokens.

Floki dips 9% amid market sell-off.

The cryptocurrency market has recently experienced a significant sell-off, leading to a downturn in the prices of many digital assets. Floki has not been immune to this trend, recording declines amid the market turbulence.

At the time of writing, FLOKI was down 9% in the last 24 hours to $0.00001653. Floki, which is part of the broader ecosystem of dog-themed cryptocurrencies, has seen its trading volume increase by 6.61% to $285 million over the last 24 hours.
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Bitcoin Price Closes Crucial Gap: Bullish? The price of Bitcoin is losing more than 2.5% on the crypto market over the course of today's trading day, dropping below the key $60,000 mark. As naturally happens, the whole market is in deep red too, with an aggregate loss of almost $100 billion in capitalization, and liquidation over the day was subjected to positions for twice as much. However, amid the negative market sentiment, a notable event occurred. Today's price drop allowed BTC to close a gap on the BTC price chart on the CME exchange from June 28. On that day, Bitcoin futures opened at $62,085 - 2.8% above the closing price of the previous day, leaving an unclosed gap on the BTC1 price chart. What does it mean? On financial and crypto markets, price gaps occur when an asset opens significantly higher or lower than its previous closing price, creating a gap on the chart. These gaps often act as magnets for future price movements, as traders anticipate the asset will eventually return to the gap level to "close" it. The significance of CME gaps for Bitcoin lies in their predictive power, as market participants closely watch these gaps for potential trading opportunities. The closing of a downward gap can be seen as a bullish signal for BTC. It indicates that the market has addressed an imbalance, potentially paving the way for a price rebound. While today's market drop might seem negative at first glance, the closure of the CME gap could suggest a positive outlook for Bitcoin in the near future.
Bitcoin Price Closes Crucial Gap: Bullish?

The price of Bitcoin is losing more than 2.5% on the crypto market over the course of today's trading day, dropping below the key $60,000 mark. As naturally happens, the whole market is in deep red too, with an aggregate loss of almost $100 billion in capitalization, and liquidation over the day was subjected to positions for twice as much.

However, amid the negative market sentiment, a notable event occurred. Today's price drop allowed BTC to close a gap on the BTC price chart on the CME exchange from June 28. On that day, Bitcoin futures opened at $62,085 - 2.8% above the closing price of the previous day, leaving an unclosed gap on the BTC1 price chart.

What does it mean?

On financial and crypto markets, price gaps occur when an asset opens significantly higher or lower than its previous closing price, creating a gap on the chart. These gaps often act as magnets for future price movements, as traders anticipate the asset will eventually return to the gap level to "close" it.

The significance of CME gaps for Bitcoin lies in their predictive power, as market participants closely watch these gaps for potential trading opportunities.

The closing of a downward gap can be seen as a bullish signal for BTC. It indicates that the market has addressed an imbalance, potentially paving the way for a price rebound.

While today's market drop might seem negative at first glance, the closure of the CME gap could suggest a positive outlook for Bitcoin in the near future.
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Solana (SOL) Skyrockets 84% in Volume - What's Happening? Solana (SOL) has witnessed a massive surge in a major metric amid its recent price struggles. While the SOL price has remained bearish, its trading volume has skyrocketed 84.46% to $8.19 billion today, per CoinGlass. This huge surge shows that crypto traders are optimistic even though the SOL price has not performed very well recently. If we break it down, $2.98 billion of the total trading volume comes from crypto exchange Binance, $1.60 billion from Bybit, $1.39 billion from OKX and $916.58 million from Bitget, amont others. This crucial data shows that Solana is attracting traders' interest from multiple platforms, which is considered a positive sign. Additionally, the rise in trading activity tells us about the resilience of Solana traders. They have remained positive about the prospects of SOL despite the fact that bearish sentiment looms over the broader crypto market. While multiple factors come into play when assessing a coin's potential price rally, the optimism among traders cannot be ruled out completely. Solana's price struggle continues. As of press time, SOL is trading at $143.51, down 3.94% in the last 24 hours. Moreover, the coin has slumped 12.89% over the last month, showing troubling signs for Solana in recent times. This bearish trend is also witnessed on the broader crypto market, mainly led by Bitcoin (BTC). However, recent indicators are signaling that SOL may rebound from the current levels. Along with this surge in its trading volume, Solana is also witnessing positive signals from certain technical indicators. For instance, the SOL price is currently trading above its 200-day SMA and EMA. This is an important indicator as it shows us that the current price of Solana is still in the highs, considering the long-term outlook. Moreover, it indicates that the recent price slump has not really impacted the broader bullish outlook for the coin. Eventually, it can be anticipated that SOL may rebound from current price levels.
Solana (SOL) Skyrockets 84% in Volume - What's Happening?

Solana (SOL) has witnessed a massive surge in a major metric amid its recent price struggles. While the SOL price has remained bearish, its trading volume has skyrocketed 84.46% to $8.19 billion today, per CoinGlass. This huge surge shows that crypto traders are optimistic even though the SOL price has not performed very well recently.

If we break it down, $2.98 billion of the total trading volume comes from crypto exchange Binance, $1.60 billion from Bybit, $1.39 billion from OKX and $916.58 million from Bitget, amont others. This crucial data shows that Solana is attracting traders' interest from multiple platforms, which is considered a positive sign.

Additionally, the rise in trading activity tells us about the resilience of Solana traders. They have remained positive about the prospects of SOL despite the fact that bearish sentiment looms over the broader crypto market. While multiple factors come into play when assessing a coin's potential price rally, the optimism among traders cannot be ruled out completely.

Solana's price struggle continues.

As of press time, SOL is trading at $143.51, down 3.94% in the last 24 hours. Moreover, the coin has slumped 12.89% over the last month, showing troubling signs for Solana in recent times. This bearish trend is also witnessed on the broader crypto market, mainly led by Bitcoin (BTC).

However, recent indicators are signaling that SOL may rebound from the current levels. Along with this surge in its trading volume, Solana is also witnessing positive signals from certain technical indicators. For instance, the SOL price is currently trading above its 200-day SMA and EMA.

This is an important indicator as it shows
us that the current price of Solana is still in the highs, considering the long-term outlook. Moreover, it indicates that the recent price slump has not really impacted the broader bullish outlook for the coin.
Eventually, it can be anticipated that SOL
may rebound from current price levels.
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PEPE, Dogwifhat See Major Losses as Crypto Market Dives: Details. The cryptocurrency market has been under significant pressure, with a widespread sell-off causing notable losses across various digital assets. Among the affected, PEPE and Dogwifhat have recorded losses exceeding 10%, reflecting the broader market's bearish sentiment. PEPE, a frog-themed meme coin, saw its price slump by 11% in the last 24 hours, falling to $0.0000102 at press time. Following this downturn, PEPE is down 18% in the last seven days. Dogwifhat (WIF), another meme coin that operates within the Solana ecosystem, experienced a steep decline, tumbling 12.73% in the last 24 hours. At the time of writing, WIF was trading at $1.95 and remains down 3.61% over the past seven days. The cryptocurrency market has been under pressure from several factors, leading to a wave of sell-offs. Macroeconomic conditions and waning investor sentiment are among the key contributors to the current bearish trend. Likewise, recent movements by whales, or large holders, might have exacerbated the sell-off for Dogwifhat and PEPE, contributing to the sharp declines. Dormant PEPE whale revives amid sell-off. In a surprising turn of events amid the ongoing cryptocurrency market sell-off, a long-dormant PEPE whale has come back to life. According to SpotOnChain, a PEPE holder, dimethyltryptamine.eth, which had been inactive with its PEPE holdings for over 10 months, recently executed a significant sell-off. The whale sold 10 billion PEPE tokens, valued at $112,000, for 32.73 ETH a few hours ago. This address was an early adopter of PEPE, buying into the token long before it gained its current popularity. The initial investment of $45,000 transformed into a staggering $26.7 million, marking an impressive 58,600% return on investment. This large Pepe holder now holds 1.99 trillion PEPE worth $21.9 million.
PEPE, Dogwifhat See Major Losses as Crypto Market Dives: Details.

The cryptocurrency market has been under significant pressure, with a widespread sell-off causing notable losses across various digital assets. Among the affected, PEPE and Dogwifhat have recorded losses exceeding 10%, reflecting the broader market's bearish sentiment.

PEPE, a frog-themed meme coin, saw its price slump by 11% in the last 24 hours, falling to $0.0000102 at press time. Following this downturn, PEPE is down 18% in the last seven days.

Dogwifhat (WIF), another meme coin that operates within the Solana ecosystem, experienced a steep decline, tumbling 12.73% in the last 24 hours. At the time of writing, WIF was trading at $1.95 and remains down 3.61% over the past seven days.

The cryptocurrency market has been under pressure from several factors, leading to a wave of sell-offs.

Macroeconomic conditions and waning investor sentiment are among the key contributors to the current bearish trend.

Likewise, recent movements by whales, or large holders, might have exacerbated the sell-off for Dogwifhat and PEPE, contributing to the sharp declines.

Dormant PEPE whale revives amid sell-off.

In a surprising turn of events amid the ongoing cryptocurrency market sell-off, a long-dormant PEPE whale has come back to life.

According to SpotOnChain, a PEPE holder, dimethyltryptamine.eth, which had been inactive with its PEPE holdings for over 10 months, recently executed a significant sell-off. The whale sold 10 billion PEPE tokens, valued at $112,000, for 32.73 ETH a few hours ago.

This address was an early adopter of PEPE, buying into the token long before it gained its current popularity. The initial investment of $45,000 transformed into a staggering $26.7 million, marking an impressive 58,600% return on investment. This large Pepe holder now holds 1.99 trillion PEPE worth $21.9 million.
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Polkadot (DOT) Stuns Community With Unexpected Rebrand Update. Polkadot (DOT) has once again triggered the crypto community with a post about rebranding its name. Out of the blue, the official X account of the Polkadot Network posted that with the community's permission, it will be rebranding to "KOLKADOT." Jokes gone too wild. Name rebranding is not uncommon in the digital currency ecosystem. However, the light-hearted reactions that followed the post from Polkadot suggest it was just a ploy to engage the community for fun. Polkadot has been in the news for the wrong reasons lately, which may explain its willingness to diffuse the tension within its community with such rattling claims. Of the numerous challenges the protocol is facing, two stand out, and they hinge on the toxic treatment of core developers in the ecosystem. Claims from the founder of Manta Network, one of the biggest Polkadot applications, Gavin Wood, the founder of Polkadot does not know the protocol, is regarded as the second-largest in terms of non-DOT Total Value Locked (TVL). Besides this, Polkadot has been under fire for its promotional, or marketing, budget. Critics claim that despite spending millions in brand promotion, Polkadot still has limited visibility compared with other competing projects with limited ad budgets. Polkadot's sway still strong. Polkadot might have its downsides in relation to its community dealings, but the protocol is by far one of the most innovative in the advancing Web3 world today. As a transition to a brighter ecosystem, the Polkadot Network has hinted at plans to replace the iconic auction system for its parachains with the JAM Protocol. The JAM Protocol was teased by Wood earlier this year, bringing to life years of developmental work on the futuristic smart contract engine. Polkadot has immense potential with its incoming products. Overall, the impact might be felt on its price which, at the moment, is down by 3.98%, pegging the spot price to $6.15.
Polkadot (DOT) Stuns Community With Unexpected Rebrand Update.

Polkadot (DOT) has once again triggered the crypto community with a post about rebranding its name. Out of the blue, the official X account of the Polkadot Network posted that with the community's permission, it will be rebranding to "KOLKADOT."

Jokes gone too wild.

Name rebranding is not uncommon in the digital currency ecosystem. However, the light-hearted reactions that followed the post from Polkadot suggest it was just a ploy to engage the community for fun.

Polkadot has been in the news for the wrong reasons lately, which may explain its willingness to diffuse the tension within its community with such rattling claims. Of the numerous challenges the protocol is facing, two stand out, and they hinge on the toxic treatment of core developers in the ecosystem.

Claims from the founder of Manta Network, one of the biggest Polkadot applications, Gavin Wood, the founder of Polkadot does not know the protocol, is regarded as the second-largest in terms of non-DOT Total Value Locked (TVL).

Besides this, Polkadot has been under fire
for its promotional, or marketing, budget.
Critics claim that despite spending millions in brand promotion, Polkadot still has limited visibility compared with other competing projects with limited ad budgets.

Polkadot's sway still strong.

Polkadot might have its downsides in relation to its community dealings, but the protocol is by far one of the most innovative in the advancing Web3 world today.

As a transition to a brighter ecosystem, the Polkadot Network has hinted at plans to replace the iconic auction system for its parachains with the JAM Protocol. The JAM Protocol was teased by Wood earlier this year, bringing to life years of developmental work on the futuristic smart contract engine.

Polkadot has immense potential with its incoming products. Overall, the impact might be felt on its price which, at the moment, is down by 3.98%, pegging the spot price to $6.15.
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Whale Influences Crypto Market Prices. Cryptocurrency markets are witnessing significant movements today as a major player, often referred to as a whale, executed substantial sales of various tokens, leading to noticeable price fluctuations. The whale's transaction activity indicates major strategic preparations in their investment approach. Here are the specifics. What Tokens Did the Whale Sell? According to Lookonchain, the whale offloaded around 3.13 million LDO tokens valued at approximately $5.77 million, 49,771 AAVE tokens worth about $4.54 million, 269,177 UNI tokens valued at $2.41 million, and 250,969 FXS tokens worth $708,000. These considerable sales resulted in a significant drop in the prices of LDO, AAVE, UNI, and FXS tokens. Previously, this whale had invested over $73 million in Ethereum (ETH) and various tokens within the Ethereum ecosystem following the U.S. Securities and Exchange Commission's (SEC) approval of a 19b-4 form for an Ethereum Exchange-Traded Fund (ETF) in late May. The whale's strategy was to accumulate these tokens, banking on the positive impacts of the ETF on Ethereum-related assets. However, the whale has now liquidated most of these holdings. Currently, their portfolio includes only 3.33 million LDO tokens worth about $5.83 million and 31,191 AAVE tokens valued at roughly $2.8 million. Despite the token sales, the whale has managed a net profit of $2.87 million to date. What Are the Overall Gains and Losses? In terms of gains and losses, the whale managed to secure a profit of $7.29 million in Ethereum. However, they experienced losses of $3.23 million in LDO tokens and $1.1 million in AAVE. This scenario points to a strategic maneuver to capitalize on Ethereum's initial price surge following the ETF approval while accepting losses in other Ethereum ecosystem tokens.
Whale Influences Crypto Market Prices.

Cryptocurrency markets are witnessing
significant movements today as a major
player, often referred to as a whale,
executed substantial sales of various
tokens, leading to noticeable price
fluctuations. The whale's transaction
activity indicates major strategic
preparations in their investment approach.
Here are the specifics.

What Tokens Did the Whale Sell?

According to Lookonchain, the whale offloaded around 3.13 million LDO tokens valued at approximately $5.77 million, 49,771 AAVE tokens worth about $4.54 million, 269,177 UNI tokens valued at $2.41 million, and 250,969 FXS tokens worth $708,000. These considerable sales resulted in a significant drop in the prices of LDO, AAVE, UNI, and FXS tokens.

Previously, this whale had invested over $73 million in Ethereum (ETH) and various tokens within the Ethereum ecosystem following the U.S. Securities and Exchange Commission's (SEC) approval of a 19b-4 form for an Ethereum Exchange-Traded Fund (ETF) in late May. The whale's strategy was to accumulate these tokens, banking on the positive impacts of the ETF on Ethereum-related assets.

However, the whale has now liquidated most of these holdings. Currently, their portfolio includes only 3.33 million LDO tokens worth about $5.83 million and 31,191 AAVE tokens valued at roughly $2.8 million. Despite the token sales, the whale has managed a net profit of $2.87 million to date.

What Are the Overall Gains and Losses?

In terms of gains and losses, the whale managed to secure a profit of $7.29 million in Ethereum. However, they experienced losses of $3.23 million in LDO tokens and $1.1 million in AAVE. This scenario points to a strategic maneuver to capitalize on Ethereum's initial price surge following the ETF approval while accepting losses in other Ethereum ecosystem tokens.
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Shiba Inu (SHIB) Skyrockets 8,596% in Major Metric - Here's Why. Shiba Inu (SHIB) has witnessed a massive increase in one of its most important metrics. Its token burn rate has skyrocketed 8,596.57% in the last 24 hours, per Shibburn. This latest token burn comes at a time when the SHIB price has been struggling to gain momentum. Over 17.7 million Shiba Inu tokens have been burned during this time. Moreover, nearly 410 trillion coins have been burned from the initial supply. As of writing this article, the circulation supply of SHIB is 583 million tokens. The Shiba Inu team aims to positively impact the price and market capitalization by sending all of these coins to dead wallets and reducing the circulation supply. It also helps in making the SHIB ecosystem more efficient and sustainable. Additionally, burning more SHIB tokens increases the scarcity of the coin. It creates an imbalance in supply and demand, which makes the token deflationary in nature. Consequently, it may help in increasing the price of the coin over the long term. However, this is not a guaranteed scenario, as other factors also come into play. SHIB price outlook. While the 8,596.57% jump in token burn rate is significant, it has not left an impact on the price of SHIB yet. As of now, the meme coin is trading at $0.00001685, and it is down 1.76% in the last 24 hours. However, the Shiba Inu price has plummeted 32.80% over the last 30 days. This is a huge decrease in the price, and it has caused worry in the community. The current bearish trend for SHIB mirrors broader market sentiment. The crypto market has remained in the lows owing to certain macroeconomic concerns. The SHIB price will need more than the rising token burn rate to rebound from its current levels. Moreover, token burning events leave their impacts in the long term, so we may not witness any major price movement from the coin in the short term.
Shiba Inu (SHIB) Skyrockets 8,596% in Major Metric - Here's Why.

Shiba Inu (SHIB) has witnessed a massive increase in one of its most important metrics. Its token burn rate has skyrocketed 8,596.57% in the last 24 hours, per Shibburn. This latest token burn comes at a time when the SHIB price has been struggling to gain momentum.

Over 17.7 million Shiba Inu tokens have been burned during this time. Moreover, nearly 410 trillion coins have been burned from the initial supply. As of writing this article, the circulation supply of SHIB is 583 million tokens.

The Shiba Inu team aims to positively impact the price and market capitalization by sending all of these coins to dead wallets and reducing the circulation supply. It also helps in making the SHIB ecosystem more efficient and sustainable. Additionally, burning more SHIB tokens increases the scarcity of the coin.

It creates an imbalance in supply and demand, which makes the token deflationary in nature. Consequently, it may help in increasing the price of the coin over the long term. However, this is not a guaranteed scenario, as other factors also come into play.

SHIB price outlook.

While the 8,596.57% jump in token burn rate is significant, it has not left an impact on the price of SHIB yet. As of now, the meme coin is trading at $0.00001685, and it is down 1.76% in the last 24 hours. However, the Shiba Inu price has plummeted 32.80% over the last 30 days.

This is a huge decrease in the price, and it has caused worry in the community. The current bearish trend for SHIB mirrors broader market sentiment. The crypto market has remained in the lows owing to certain macroeconomic concerns.

The SHIB price will need more than the rising token burn rate to rebound from its current levels. Moreover, token burning events leave their impacts in the long term, so we may not witness any major price movement from the coin in the short term.
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Shytoshi Kusama Drops Location, Hints at Next SHIB Focus. The enigmatic anonymous lead developer of the Shiba Inu (SHIB) ecosystem, Shytoshi Kusama, has dropped a not-so-cryptic update about his whereabouts. Taking to his official X account, Kusama revealed to the community that he is currently in Japan. Shytoshi Kusama's agenda. Speaking of his experiences, Shytoshi Kusama said he grew up with anime in Japan, making his return to the country a very memorable experience. While it is hard to pinpoint exactly where Shytoshi Kusama lives, most of his work, including SHIB game development, has been inspired by creativity, some of which can be traced to Japan. The update from the SHIB lead hinted that he would be giving a talk to the brightest minds in the ecosystem about Shiba Inu. While it remains hard to tell if some of the conversations will entail new partnership details, it will certainly involve the dev team's plans for the meme coin. With no detailed insight into what the talks will be about, Kusama hinted that some aspects of it will be about the transition from Web2 to Web3. Shiba Inu is doing a lot in this regard, as it is building the Shibarium layer-2 protocol such that it can harbor everyday applications from Web2 with incentivized Web3 elements. Shiba Inu in for big thing. The update from Shytoshi Kusama is generating a significant buzz in the community as many have come to understand that whenever Kusama breaks his silence, it means something big is coming. The protocol is still arguably expecting a significant turnaround, which can be catalyzed by any major business update. The price of Shiba Inu has remained in stagnancy for some time amid a broader market onslaught. At the time of writing, the token was changing hands for $0.00001687, down by 1.27% in the past 24 hours, per data from CoinMarketCap. Trading sentiment is, however, enhanced, with the volume up by more than 5% to $183,652,389. Should Kusama share more bullish updates, there might be a significant turnaround.
Shytoshi Kusama Drops Location, Hints at Next SHIB Focus.

The enigmatic anonymous lead developer of the Shiba Inu (SHIB) ecosystem, Shytoshi Kusama, has dropped a not-so-cryptic update about his whereabouts. Taking to his official X account, Kusama revealed to the community that he is currently in Japan.

Shytoshi Kusama's agenda.

Speaking of his experiences, Shytoshi Kusama said he grew up with anime in Japan, making his return to the country a very memorable experience. While it is hard to pinpoint exactly where Shytoshi Kusama lives, most of his work, including SHIB game development, has been inspired by creativity, some of which can be traced to Japan.

The update from the SHIB lead hinted that he would be giving a talk to the brightest minds in the ecosystem about Shiba Inu. While it remains hard to tell if some of the conversations will entail new partnership details, it will certainly involve the dev team's plans for the meme coin.

With no detailed insight into what the talks will be about, Kusama hinted that some aspects of it will be about the transition from Web2 to Web3. Shiba Inu is doing a lot in this regard, as it is building the Shibarium layer-2 protocol such that it can harbor everyday applications from Web2 with incentivized Web3 elements.

Shiba Inu in for big thing.

The update from Shytoshi Kusama is generating a significant buzz in the community as many have come to understand that whenever Kusama breaks his silence, it means something big is coming.

The protocol is still arguably expecting a significant turnaround, which can be catalyzed by any major business update.

The price of Shiba Inu has remained in stagnancy for some time amid a broader market onslaught. At the time of writing, the token was changing hands for $0.00001687, down by 1.27% in the past 24 hours, per data from CoinMarketCap.

Trading sentiment is, however, enhanced, with the volume up by more than 5% to $183,652,389. Should Kusama share more bullish updates, there might be a significant turnaround.
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Ethereum Skyrockets 100% Against Bitcoin in Annual Revenue. Ethereum has surpassed Bitcoin in fee income over the past year by an epic 100%, according to the newest report from Lookonchain. Thus, its network has recorded $2.73 billion in fee income, the most in the industry. Bitcoin, in second place, generated $1.3 billion. Closing the top three is Tron Network, with almost $460 million. Other networks also contributed to the overall fee income landscape. Solana generated $241.3 million, Binance's chain accumulated $176.6 million and Avalanche recorded $68.83 million. Additionally, the zkSync Era earned nearly $60 million, Optimism $40.4 million and Polygon $23.9 million. As the data highlights, Ethereum has a significant lead, doubling Bitcoin's revenue. This result is attributed to a broader range of applications and services on the network of the main altocin, with higher usage and transaction fees as a result. Sure win? Ethereum's ecosystem supports decentralized finance platforms, NFTs and various applications, all of which contribute to increased transaction volume and fee income. This is what has positioned ETH as a more versatile and widely used network compared to Bitcoin. In return, Bitcoin's revenue, while still over a billion dollars, is primarily driven by its role as a digital store of value and medium of exchange. Its transaction fees are affected by network congestion and the price of BTC itself, which can fluctuate significantly. However, it still lacks the extensive range of applications found in the Ethereum ecosystem, resulting in lower overall fee income.
Ethereum Skyrockets 100% Against Bitcoin in Annual Revenue.

Ethereum has surpassed Bitcoin in fee income over the past year by an epic 100%, according to the newest report from Lookonchain. Thus, its network has recorded $2.73 billion in fee income, the most in the industry. Bitcoin, in second place, generated $1.3 billion. Closing the top three is Tron Network, with almost $460 million.

Other networks also contributed to the overall fee income landscape. Solana generated $241.3 million, Binance's chain accumulated $176.6 million and Avalanche recorded $68.83 million. Additionally, the zkSync Era earned nearly $60 million, Optimism $40.4 million and Polygon $23.9 million.

As the data highlights, Ethereum has a significant lead, doubling Bitcoin's revenue. This result is attributed to a broader range of applications and services on the network of the main altocin, with higher usage and transaction fees as a result.

Sure win?

Ethereum's ecosystem supports decentralized finance platforms, NFTs and various applications, all of which contribute to increased transaction volume and fee income. This is what has positioned ETH as a more versatile and widely used network compared to Bitcoin.

In return, Bitcoin's revenue, while still over a billion dollars, is primarily driven by its role as a digital store of value and medium of exchange. Its transaction fees are affected by network congestion and the price of BTC itself, which can fluctuate significantly.

However, it still lacks the extensive range of applications found in the Ethereum ecosystem, resulting in lower overall fee income.
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Don't Forget this Airdrop If you haven't started mining, start today to earn money for free. 🎁 Free Airdrop 🎁 Project: Sunwaves Sunwaves upgrades the festival experience with its blockchain ecosystem powered by @ice_blockchain, enabling users to earn SW Tokens effortlessly. Sunwaves is the latest cryptocurrency that you can mine for free using your phone. How to get this Airdrop. Download the Sunwaves application from the Google Play Store, register and generate currency for free from your phone. Invite : abdoes On the homepage, click "Start" to begin receiving the airdrop rewards (24 hours/session). Eligibility: Open to all Token Distribution: Post mainnet launch 💎Already we know that ICE Mining has given us Profit to Everyone. This Event is also from Ice Mining. So,Try to join everyone. ❗️You can join using web or App or Telegram Bot. Hello, Ice community! We've got some fantastic updates coming your way! ION Startup Program is gearing up to launch new projects into our Tap-to-Mine ecosystem. Starting with Sunwaves Festival, a major global electronic music event, we're bringing in new ventures with market-ready products and established brands. These projects will be integrated into our ION ecosystem, highlighting the versatility and innovation of our platform. We're excited about the diversity and innovation these projects will bring to our ecosystem. Together, we're building the future!
Don't Forget this Airdrop

If you haven't started mining, start today to earn money for free.

🎁 Free Airdrop 🎁

Project: Sunwaves

Sunwaves upgrades the festival experience with its blockchain ecosystem powered by @ice_blockchain, enabling users to
earn SW Tokens effortlessly.

Sunwaves is the latest cryptocurrency that you can mine for free using your phone.

How to get this Airdrop.

Download the Sunwaves application from the Google Play Store, register and generate currency for free from your phone.

Invite : abdoes

On the homepage, click "Start" to begin receiving the airdrop rewards (24 hours/session).

Eligibility: Open to all

Token Distribution:

Post mainnet launch

💎Already we know that ICE Mining has given us Profit to Everyone. This Event is also from Ice Mining. So,Try to join everyone.

❗️You can join using web or App or Telegram Bot.

Hello, Ice community! We've got some fantastic updates coming your way!

ION Startup Program is gearing up to launch new projects into our Tap-to-Mine ecosystem.

Starting with Sunwaves Festival, a major global electronic music event, we're bringing in new ventures with market-ready products and established brands.

These projects will be integrated into our ION ecosystem, highlighting the versatility and innovation of our platform.

We're excited about the diversity and innovation these projects will bring to our ecosystem. Together, we're building the future!
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36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market. The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. ENS: Price Explosion & Renewed Investor Interest. ENS, the native token of the Ethereum Name Service, which translates human- readable domain names into machine- readable wallet addresses, surged by over 2% in the past day. This propelled the token as one of the highest gainers today. ENS briefly surpassed the $33 mark. It is currently trading at $31.89, data from Coingecko shows. This excitement wasn't limited to spot markets; the derivatives sector also saw a ripple effect. Open interest, which reflects the total value of outstanding futures contracts, reached record highs exceeding $160 million, suggesting a dramatic increase in investor participation and speculation around ENS. Furthermore, the funding rate, which indicates the cost of holding futures contracts, shifted from negative to positive territory. This transition points to rising demand for long positions, where investors bet on the price increasing. A positive funding rate indicates a growing pool of optimistic traders expecting further price hikes for ENS. Technical Analysis: Bullish Signals. Daily technical analysis of ENS reveals a recent price rally following a period of mixed trends. The most significant development occurred on June 30th, with a substantial price jump pushing the token to $33.21. This bullish momentum has continued, with the RSI (Relative Strength Index) hovering near 70, indicating a strong uptrend. While a high RSI can suggest potential overbought conditions, it also reflects significant buying pressure.
36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market.

The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution.

ENS: Price Explosion & Renewed Investor Interest.

ENS, the native token of the Ethereum Name Service, which translates human- readable domain names into machine- readable wallet addresses, surged by over 2% in the past day. This propelled the token as one of the highest gainers today. ENS briefly surpassed the $33 mark. It is currently trading at $31.89, data from Coingecko shows.

This excitement wasn't limited to spot markets; the derivatives sector also saw a ripple effect. Open interest, which reflects the total value of outstanding futures contracts, reached record highs exceeding $160 million, suggesting a dramatic increase in investor participation and speculation around ENS.

Furthermore, the funding rate, which indicates the cost of holding futures contracts, shifted from negative to positive territory. This transition points to rising demand for long positions, where investors bet on the price increasing. A positive funding rate indicates a growing pool of optimistic traders expecting further price hikes for ENS.

Technical Analysis: Bullish Signals.

Daily technical analysis of ENS reveals a recent price rally following a period of mixed trends. The most significant development occurred on June 30th, with a substantial price jump pushing the token to $33.21.

This bullish momentum has continued, with the RSI (Relative Strength Index) hovering near 70, indicating a strong uptrend. While a high RSI can suggest potential overbought conditions, it also reflects significant buying pressure.
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Nearly $70 Million in Ethereum (ETH) Sent to Major Exchange. Ethereum (ETH) whales appear to be igniting a potential sell-off today, as nearly $70 million worth of the cryptocurrency was transferred to Binance, one of the world's largest cryptocurrency exchanges. This movement has sparked concerns among ETH traders about a possible market downturn. Whale Alert, a prominent blockchain tracking service, reported two big transactions early this morning. The first tweet revealed that 9,999 ETH, worth around $34.3 million, were transferred from an unknown wallet to Binance. Shortly thereafter, Whale Alert tweeted again to disclose that another 7,413 ETH, worth around $25.4 million, were transferred from an unknown wallet to Binance. These transactions amount to a total of 17,412 ETH, equivalent to approximately $69.86 million at current market prices. Such large transfers to an exchange typically signal an impending sell-off, as w hales - large holders of cryptocurrency — often move their assets to exchanges when they intend to sell. Broader market impact. The news of these substantial transfers has already had a palpable effect on the market. Ethereum's price has shown increased volatility following the alerts, with traders closely monitoring Binance for any signs of large-scale selling activity. The potential sell-off by these whales could exert downward pressure on the ETH price, impacting the broader market as well. Historically, significant movements by whale accounts have led to notable price fluctuations. When large amounts of cryptocurrency are sold off, it can trigger a domino effect, causing other traders to panic and sell their holdings, further driving down the price. As of writing this article, the Ethereum price is $3,447.60. It has fallen 0.30% in the last 24 hours. However, the ETH price is down 8.94% over the past 30 days thanks to the ongoing bearish phase on the broader market. While the ultimate impact on Ethereum's price remains to be seen, the movement of such large amounts of ETH to an exchange is a signal that cannot be ignored.
Nearly $70 Million in Ethereum (ETH) Sent to Major Exchange.

Ethereum (ETH) whales appear to be igniting a potential sell-off today, as nearly $70 million worth of the cryptocurrency was transferred to Binance, one of the world's largest cryptocurrency exchanges. This movement has sparked concerns among ETH traders about a possible market downturn.

Whale Alert, a prominent blockchain
tracking service, reported two big
transactions early this morning. The first
tweet revealed that 9,999 ETH, worth
around $34.3 million, were transferred
from an unknown wallet to Binance. Shortly thereafter, Whale Alert tweeted again to disclose that another 7,413 ETH, worth around $25.4 million, were transferred from
an unknown wallet to Binance.

These transactions amount to a total of
17,412 ETH, equivalent to approximately $69.86 million at current market prices. Such large transfers to an exchange typically signal an impending sell-off, as w hales - large holders of cryptocurrency — often move their assets to exchanges when they intend to sell.

Broader market impact.

The news of these substantial transfers
has already had a palpable effect on the
market. Ethereum's price has shown
increased volatility following the alerts,
with traders closely monitoring Binance for
any signs of large-scale selling activity.
The potential sell-off by these whales
could exert downward pressure on the ETH
price, impacting the broader market as
well.

Historically, significant movements by whale accounts have led to notable price fluctuations. When large amounts of cryptocurrency are sold off, it can trigger a domino effect, causing other traders to panic and sell their holdings, further driving down the price.

As of writing this article, the Ethereum price is $3,447.60. It has fallen 0.30% in the last 24 hours. However, the ETH price is down 8.94% over the past 30 days thanks to the ongoing bearish phase on the broader market. While the ultimate impact on Ethereum's price remains to be seen, the movement of such large amounts of ETH to an exchange is a signal that cannot be ignored.
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Ripple X Unveils Major News for XRP Ledger Participants. RippleX has made a groundbreaking announcement that is set to energize the blockchain community in Japan and Korea. In a recent tweet, RippleX declared the opening of the XRPL Japan and Korea Fund, inviting applications from businesses, developers and community members engaged with the XRP Ledger (XRPL). The XRPL Japan and Korea Fund is part of Ripple's one billion XRP commitment to give financial, technical and business support to developers, announced in March 2022. This initiative demonstrates a major commitment to promoting innovation and growth in the XRPL ecosystem. In a new tweet, RippleX, the Ripple team committed to supporting the growth and development of XRP Ledger, stated that the XRPL Japan and Korea Fund is now open for applications from enterprises, developers and XRPL community members. Launched in June by Ripple, the XRP Japan and South Korea fund aims to drive blockchain innovation in the two markets and will go toward supporting corporate partnerships, developer grants, start-up investments and community growth. Ripple's focus on Asia-Pacific. The XRPL Japan and Korea Fund seeks to spur a wave of innovation on the XRP Ledger. The creation of this fund demonstrates Ripple's strong trust in Japan and Korea's potential as a key regional hub for blockchain innovation. Ripple announced last year that it will continue to "prioritize the Asia-Pacific region for adoption of its crypto payment services" given that it is "one of its fastest growing regions." In April, Ripple collaborated with Tokyo-based HashKey DX to deliver XRPL- powered supply chain finance solutions to the Japanese market. Ripple announced that XRP Ledger would be used to issue official Expo NFTs to millions of guests at World Expo 2025 in Osaka, Japan.
Ripple X Unveils Major News for XRP Ledger Participants.

RippleX has made a groundbreaking announcement that is set to energize the blockchain community in Japan and Korea.

In a recent tweet, RippleX declared the opening of the XRPL Japan and Korea Fund, inviting applications from businesses, developers and community members engaged with the XRP Ledger (XRPL).

The XRPL Japan and Korea Fund is part of Ripple's one billion XRP commitment to give financial, technical and business support to developers, announced in March 2022. This initiative demonstrates a major commitment to promoting innovation and growth in the XRPL ecosystem.

In a new tweet, RippleX, the Ripple team committed to supporting the growth and development of XRP Ledger, stated that the XRPL Japan and Korea Fund is now open for applications from enterprises, developers and XRPL community members.

Launched in June by Ripple, the XRP Japan and South Korea fund aims to drive blockchain innovation in the two markets and will go toward supporting corporate partnerships, developer grants, start-up investments and community growth.

Ripple's focus on Asia-Pacific.

The XRPL Japan and Korea Fund seeks to spur a wave of innovation on the XRP Ledger. The creation of this fund demonstrates Ripple's strong trust in Japan and Korea's potential as a key regional hub for blockchain innovation.

Ripple announced last year that it will continue to "prioritize the Asia-Pacific region for adoption of its crypto payment services" given that it is "one of its fastest growing regions."

In April, Ripple collaborated with Tokyo-based HashKey DX to deliver XRPL-
powered supply chain finance solutions to
the Japanese market. Ripple announced
that XRP Ledger would be used to issue
official Expo NFTs to millions of guests at
World Expo 2025 in Osaka, Japan.
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Bitcoin (BTC) Price Likely to Hit New ATH in 2024: Report. According to a recent report by CCData, a digital asset data provider, the Bitcoin (BTC) price is likely to see a new all-time peak in 2024. It noted that previous cycles featured a parabolic advance, a short period of extreme price appreciation, that is yet to occur this time around. CCData's report claims that the current bull cycle could end up expanding into 2025. There has been plenty of speculation about the interconnectedness of quadrennial block reward reduction events and Bitcoin's price performance. This cycle is unusual due to the fact that Bitcoin broke a prior peak and reached its current all-time high of $73,737 before the halving event in April. It bucked the trend due to the introduction of several spot Bitcoin exchange-traded funds in early 2024 that caused a flurry of excitement within the investment space and broke multiple records. Now, a plethora of analysts are busy speculating whether or not Bitcoin will still be able to reach a new peak this year after eclipsing the all-time high of the previous cycle in March. commodity trader Peter Brandt has estimated that there is a 25% probability that the flagship cryptocurrency has already reached its apex before experiencing "exponential decay." For now, however, the consensus appears to be that Bitcoin will be able to reach a six-figure milestone this year or in 2025. During the previous cycle, it took Bitcoin 547 days after the 2020 halving to reach its peak of roughly $69,000 before it entered a brutal bear market. According to CCData, the current streak of boring range-bound price action is only temporary, and the leading cryptocurrency is still likely to surpass its March peak.
Bitcoin (BTC) Price Likely to Hit New ATH in 2024: Report.

According to a recent report by CCData, a digital asset data provider, the Bitcoin (BTC) price is likely to see a new all-time peak in 2024.

It noted that previous cycles featured a parabolic advance, a short period of extreme price appreciation, that is yet to occur this time around.

CCData's report claims that the current bull cycle could end up expanding into 2025.

There has been plenty of speculation about the interconnectedness of quadrennial block reward reduction events and Bitcoin's price performance.

This cycle is unusual due to the fact that Bitcoin broke a prior peak and reached its current all-time high of $73,737 before the halving event in April. It bucked the trend due to the introduction of several spot Bitcoin exchange-traded funds in early 2024 that caused a flurry of excitement within the investment space and broke multiple records.

Now, a plethora of analysts are busy speculating whether or not Bitcoin will still be able to reach a new peak this year after eclipsing the all-time high of the previous cycle in March. commodity trader Peter Brandt has estimated that there is a 25% probability that the flagship cryptocurrency has already reached its apex before experiencing "exponential decay." For now, however, the consensus appears to be that Bitcoin will be able to reach a six-figure milestone this year or in 2025.

During the previous cycle, it took Bitcoin 547 days after the 2020 halving to reach its peak of roughly $69,000 before it entered a brutal bear market.

According to CCData, the current streak of boring range-bound price action is only temporary, and the leading cryptocurrency is still likely to surpass its March peak.
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