According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.
Solana‘s (CRYPTO: SOL) growth over the past two years, marked by a staggering 2,143% price increase, is rooted in a substantial $55 billion influx of new capital, according to a recent analysis by Glassnode. The report, released earlier in the week, delves into the network's underlying dynamics, revealing robust investor demand that, despite profit-taking, hasn't reached levels traditionally associated with market tops.
The Shiba Inu burn rate has displayed a massive decline, according to the data recently shared by the Shibburn blockchain tracker. In the meantime, the SHIB price has shown a movement in a totally different direction.
The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.
Rare buy signal on Solana charts hints at rebound as traders eye $250 breakout!
As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.
Solana (SOL) price reached a new all-time high on November 22 but has been in a corrective phase since, currently trading 27% below that peak. Recent technical indicators highlight mixed signals, with bearish momentum showing signs of easing but still dominating the market.
Solana (SOL) is showing early signs of a potential rebound, supported by its current technical setup.
Shiba Inu confronts a critical juncture as the 67 trillion SHIB level nears a breakdown. With key support levels weakening and bearish market sentiment intensifying, SHIBs path forward hinges on regaining investor interest and stability.
Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants.
Dog-themed cryptocurrency Shiba Inu (SHIB) has recently experienced a surge in large holder net flows, skyrocketing by an astonishing 1,445%.
Although Shiba Inu price has crashed by over 30% from its December high, its ecosystem is doing well, pointing to an eventual rebound. SHIB price comeback will be supported by its futures open interest and the NPL indicator, which points to capitulation.
Ethereum (ETH) is showing signs of a potential rebound, generating interest among investors. Despite a significant dip over the past week, key market indicators suggest that Ethereum may be on the brink of a recovery, aiming for a $3,300 comeback.
TL;DR Bitcoin spot ETFs have experienced significant outflows, with a net loss of $227 million on December 23, reflecting growing caution among investors. In contrast, Ethereum ETFs have seen robust inflows, with a net gain of $131 million on December 23, highlighting growing institutional adoption and investor confidence in Ethereum.
Tron (TRX) founder Justin Sun has broken the silence on allegations of his sales of Ethereum (ETH). In an X post, Sun denied claims that he sold his Ethereum holdings.
Neiro on Ethereum (NEIRO) partnered with ChainLink's CCIP to move its tokens between Ethereum and Base.
Shiba Inu surges 13%, hitting an 8-month high amid renewed meme coin interest. Explore what's next for SHIB traders.
The latest price analysis by Coinidol.com report, the price of Ethereum (ETH) has slipped below its moving average lines.
A known crypto millionaire, active investor, trader, and Ethereum (ETH) supporter continues to capitulate from a losing Ethereum-Bitcoin (BTC) trade. James Fickel is among the richest cryptocurrency investors and a recognized entrepreneur in longevity research as the Amaranth Foundation's founder.
Ethereum faces resistance at $3,500 but metrics reveal traders' growing confidence.
Leading meme coin Shiba Inu (SHIB) has seen a 4% price increase in the past 24 hours, reflecting the uptick in the broader crypto market. However, this price rally may be shortlived as bearish sentiment continues to overshadow the meme coin.
James Fickel swapped another 6,500 ETH in exchange for 235.6 WBTC. The popular crypto millionaire further reduced ETH/BTC's long position to repay his debt.
Solana, like a Phoenix, rises from the ashes of FTX. With a 2,000% increase, it makes Bitcoin and Ethereum look outdated, showing record volumes and spectacular inflows.
The broader crypto market is witnessing mixed trends. Bitcoin (BTC) trades at $94,000, marking a significant decline from its $108,000 all-time high, while major altcoins like Ethereum (ETH), XRP, and Solana (SOL) show signs of recovery.
Solana price today trades at $191 after falling by 27% from the year-to-date high $264. This crash has coincided with the recent crypto crash that has pushed Bitcoin and most altcoins sharply lower.
In the rapidly evolving world of blockchain technology, Sui, Toncoin, and Solana are cutting-edge platforms designed to address the limitations of traditional blockchains while pushing the boundaries of scalability, speed, and efficiency. In this article, we'll study how these blockchains are reshaping the decentralized ecosystem, addressing key challenges like scalability, speed, and efficiency.
On-chain data points to major ramifications for the asset's future, placing Shiba Inu at a pivotal point. As the market continues to exhibit bearish tendencies, the enormous 67 trillion SHIB support level — which is strongly correlated with high transaction volumes and market stability — is in jeopardy.
Despite what many have observed as a sell-off trend among several major holders like Sun, his explanation suggests a different story entirely.
Ethereum's price is still struggling to find direction as profit-taking and weak sentiment in the crypto industry continue. Still, fundamentals like rising spot ETH ETF inflows and negative exchange net flows and technicals like the MVRV indicator point to a potential rebound by January 1.
The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
Shiba Inu (SHIB), one of the most talked-about meme coins in the cryptocurrency space, has seen a notable surge in whale activity in the past 24 hours. Particularly, data from on-chain analytics platform IntoTheBlock reveals a 265% increase in whale transactions within the past 24 hours.
Ethereum price recently rejected breaking below USD 3,200 support and a retest of USD 3,500 amid rising ETF inflows could confirm a reversal.
After Donald Trump's crypto pump, Bitcoin crossed $108,000 for the first time. This also means the money could possibly flow to altcoins, ultimately triggering the altseason, which is considered the most profitable period of a bull market.
The technical insights for Ethereum are turning bullish, hinting at a new potential rally. Ready to cross the $3,400 mark, is Ethereum setting the stage for a bullish 2025.
Tron founder Justin Sun has denied reports of him selling Ethereum as on-chain data shows significant deposits to HTX over the last month. In his latest message, Sun said that all rumors of him offloading his ETH holdings are false.
EigenLayer's adoption surge is a sign of its growing influence in the Ethereum staking ecosystem.
In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month. Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
More allocation, more ETPs? The momentum behind crypto ETFs reflects a maturing market ready to take its next big leap in 2025.
After registering heavy losses in the past week, the crypto market received a relief rally in the last 24 hours, led by Ethereum (ETH), BNB, and Solana (SOL).
The ETH/BTC pair is presenting renewed optimism for Ethereum's potential to bounce back.
Ethereum price extended losses and dropped below the $3,450 zone. ETH is now recovering some losses and might rise if it clears the $3,445 resistance.
5 small-cap cryptocurrencies are poised to outperform Solana and TRX by 2024, offering remarkable growth potential. #partnercontent
A widely followed crypto analyst says that Ethereum and altcoins are bracing for a swing to the upside as ETH prints the same pattern it did in 2020. In a new video update, crypto strategist Jason Pizzino tells his 344,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair is flashing a “major altcoin signal.
While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock's iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, even as its price performance in 2024 remains lackluster.
The cryptocurrency market is currently experiencing bearish momentum, and Ethereum (ETH) seems to be at the heart of this downturn. A major factor contributing to Ethereum's decline is the actions of Justin Sun, the founder of Tron (TRX), who has been selling off a significant portion of his ETH holdings.
Ethereum (ETH) has remained a focal point in the cryptocurrency market, even as its price action continues to lag behind Bitcoin's recent bullish trajectory. Despite failing to secure a new all-time high, Ethereum has shown multiple positive indicators that suggest a strong foundation for future growth.
Shiba Inu (SHIB) price has entered a critical phase as multiple technical indicators suggest conflicting signals for its short-term trajectory. The popular meme coin has faced significant selling pressure over the past week, dropping 20% and seeing its market cap decline from $15 billion to $12.5 billion.