Author: coinadrenaline
Ethereum price remains in a bear market, and three risky chart patterns suggest that it may experience a 20% crash soon. Ethereum (ETH), the second-biggest coin in crypto, retreated to $2,670 on Monday, down by over 35% from its highest level in December. Its performance happened as it faced substantial competition in the blockchain industry. Most of this competition is coming from popular layer-1 networks like Berachain (BERA), Solana (SOL), and BNB Smart Chain (BNB). Ethereum is also losing market share to layer-2 blockchains like Base and Arbitrum, that have become popular because of their lower costs. For example, DEX…
Top Cryptos to Buy This Month – Qubetics Simplifies Blockchain, Injective Powers DeFi & Helium Builds Connectivity No Result View All Result
On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 bitcoin for $1.99 billion. Michael Saylor’s Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy’s latest expansion of its cryptocurrency portfolio since its prior purchase on Feb. 10. In a post to X, Saylor […]
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Este artículo también está disponible en español. In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers of bitcoin’s current trading dynamic. Is The Bitcoin Price Currently Manipulated? One of the core arguments Consorti addresses is the suspicion that “the boring period of consolidation” might be engineered through hidden market forces. In his words: “Claims…
After several years in leadership roles with the Crosschain Interoperability WG, first as part of EEA’s technical staff and latterly as co-chair through her EEA member company QualitaX, Anaïs Ofranc is stepping down as co-chair. During that time, alongside co-chair Dr Weijia Zhang of Wanchain, Anaïs has helped the group produce a number of specifications and related documents, most recently the first release version of the EEA DLT Interoperability Specification, as well as implementation case studies and other reports and guidelines. She has also been involved in helping the group reach out to new members, participants, and others working on…
Este artículo también está disponible en español. Crypto analyst Ali Martinez has revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the foremost meme coin. Based on this, DOGE could be at risk of suffering further price declines. Dogecoin’s Activity Levels Crash To 4-Month Lows In an X post, Martinez revealed that Dogecoin’s network activity has dropped to its lowest level since October 2024, with just 66 whale transactions and fewer than 60,000 active addresses daily. Bitcoinist had also recently reported that DOGE’s large transactions had dropped by 88% since the end of last year. Related Reading…
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Dear Ethereum explorers, Announcements are coming one after another as we get closer to Devcon. Today we’re thrilled to announce the launch of a quadratic funding round for SEA communities by clr.fund! We see the excitement and grassroots energy in Southeast Asia growing and have witnessed the passion from local builders firsthand during our SEA tour in April. A special initiative: Quadratic funding for SEA communities 👏 Southeast Asian Ethereum communities are organizing a quadratic funding round together with clr.fund specifically for the region! The Devcon team is proud to support this initiative by contributing to the matching pool with…
Trading volumes in the altcoin market have sharply declined, prompting leading analysts to question if the bull run has come to an end. With volume historically tied to price action, this shift signals a potential change in investor sentiment and market dynamics. The altcoin market has reached a critical juncture, with trading volumes recently dropping to levels not seen since 2021. This decline, often perceived as a sign of reduced market interest, is prompting analysts to question the future of altcoins. Since trading volume typically correlates with price action, this slowdown could indicate a shift in enthusiasm from both retail…