Cardano's Long/Short ratio, Futures Open Interest, and OI-Weighted Funding Rate are flashing bullish signals.
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies.
The lackluster Dogecoin price action could change very soon as on-chain data suggests increased activity behind the scenes. Particularly, on-chain analytics company IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the count to its highest point since July.
Dogecoin has processed 1.93 million transactions over the past week, the highest level since early July.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50-basis-point interest rate cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
SUI has made some gigantic moves recently, posting strong bullish signals. In the last week, SUI registered an impressive 33% rally, pushing the price up to $1.18 at press time.
Cardano (ADA) has made headlines by decisively winning a recent poll conducted by Weiss Crypto, a respected ratings agency in the cryptocurrency sector. The survey, which garnered over 7,000 votes, revealed that a staggering 76% of respondents believe Cardano boasts the best technology among altcoins.
During the U.S. trading session on Wednesday, the cryptocurrency market witnessed a sudden uptick following the Fed interest rates by 50 BPS. The Bitcoin price surged above $60000 and sparked a renewed recovery momentum in the altcoin market.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50 basis points cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
Amid an underwhelming price action, canine-themed meme coin Dogecoin (DOGE) is now seeing a rise in one of its key metrics.
Up-and-coming finance-focused layer-1 blockchain protocol Sui (SUI) has been blasting higher recently, with the SUI price gaining 35% in the past seven days to hit $1.18, per CoinMarketCap data.
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains.
On-chain data shows the Dogecoin miners have been accumulating recently. Here's what this could mean for the memecoin, based on past pattern.
Cardano (ADA) is making headlines as it forms a symmetrical triangle pattern on its price chart, a technical signal that could indicate significant price movement in the near future. After experiencing a notable decline over the past four months, Cardano's price has drawn the attention of market analysts, particularly in the context of broader economic factors and network activity.
As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Sui (SUI) has experienced a notable price surge in this struggling cryptocurrency market, resulting in a strong resistance breakout of $1.16. Following this breakout, the sentiment for SUI has turned bullish but it appears that a potential rate cut could spoil this positive sentiment.
Sui investors are up 150% since the early August massive sell-off.
Dogecoin (DOGE) has shown a promising bullish signal as key metrics skyrocket. According to IntoTheBlock, last week, Dogecoin processed an impressive 1.93 million transactions, marking the highest weekly transaction count since early July.
Pseudonymous crypto trader Master Kenobi believes that Dogecoin (CRYPTO: DOGE) will continue to outperform Bitcoin (CRYPTO: BTC) in the current market cycle. What Happened: In a detailed social media post, Kenobi noted that despite Dogecoin's initial creation as a joke, it has managed to gain significant attention and popularity in the crypto community.
Cardano is set to see a rise in user adoption after the much-awaited release of Midnight's whitepaper, dubbed the "Nightpaper."
The crypto market continues hovering close to its valuation of $2.05 Trillion mark, indicating stability in the crypto space. Moreover, the market leader, Bitcoin price had reclaimed the $60K mark during the early Asian trading hours. This highlights increased price action.
A recent analysis from a well-known Dogecoin (DOGE) enthusiast and technical analyst suggests that DOGE could be on the verge of a stunning price, as he pointed out that the meme coin is just a few weeks away from completing its first "golden cross" in over four years - a technical indicator often associated with upward momentum.
The price of Cardano has dropped by 1% today, with ADA falling to $0.3304 as the cryptocurrency market as a whole barely moves in the past 24 hours.
Cardano founder Charles Hoskinson has posted a photo of himself taken at the TOKEN2049 blockchain event in Singapore.
Opinions matter in the broader digital currency ecosystem. Dogecoin (DOGE) cofounder Billy Markus shared a strong opinion about crypto conferences on X.
Many industry leaders have responded excitedly to the latest post of Elon Musk revealing the advancement made by Neuralink's Blindsight project. Among those who have taken to social media to convey their excitement are cryptocurrency leaders like Dogecoin co-creator Billy Markus.
The Cardano ecosystem is poised for significant growth with the introduction of the NIGHT token, as detailed in the recently published Midnight “Nightpaper.” As a Cardano native asset, NIGHT will play a role in governance and network consensus, supporting the blockchain's innovative dual-token system alongside DUST, a token designed to manage transactions while preserving user
The Dogecoin price recover came as a welcome sight to investors after the meme coin struggled around $0.09 for a while. Naturally, the move in the price has prompted movement among Dogecoin investors and the whales are not left out of this.
Dogecoin (DOGE) price may have gotten the much-needed boost to kick off a rally, as network transactions have been increasing significantly.
Dogecoin faces selling pressure and bearish indicators, with potential resistance ahead.
Cardano has overwhelmingly won the vote on which altcoin has the best technology according to a recent survey by Weiss Crypto, a reputable ratings agency for cryptocurrencies and financial organizations. Cardano received more than 76% of the votes significantly surpassing both Ethereum (6.7%) and Solana (8.1%).
Altcoins is where it's at. Bitcoin may be the best invention since the internet itself, but it cannot compete with the hottest altcoins. Sadly, however, not all altcoins are hot. Tron is cooling down, and the Cardano price is ice cold, leaving investors scrambling to find a token to offset losses.
Two days ago, Cardano (ADA) was set for a rally toward $0.40, but that potential has diminished as crypto whales have stepped back.
Decentralized storage protocol Walrus aims to offer a cheaper, more secure and “tamper-proof” live archive of the crypto trade publication's content.
Sui has recorded an impressive price rally last day following the integration of native USDC on the platform. At the time of writing, Sui (SUI) was still up 10% over the past day, exchanging hands at $1.
Amid the sluggish price performance, Dogecoin is now seeing a rise in one of its major metrics. Recently, data from the market intelligence platform IntoTheBlock revealed that the asset has recently exhibited a surge in transaction activity.
Billy Markus, who created the original meme cryptocurrency Dogecoin in collaboration with Jackson Palmer in 2013, and who is known on the X platform (formerly Twitter) as Shibetoshi Nakamoto has posted his enthusiastic take on Elon Musk's recent tweet.
Sui (SUI) has emerged as a noteworthy player, capturing the attention of both seasoned investors and newcomers. Over the past few weeks, Sui has shown a remarkable shift in its price trends, leading many to speculate whether it is on the brink of a significant breakout.
MoviePass announced a partnership with the Sui Foundation to integrate blockchain technology into the subscription service for cinemas.
Sui's bullish breakout could push prices to $1.50 and beyond as market momentum builds.
Sui has earned a reputation for its technical innovations, but is it the next “Solana Killer”? Industry experts assess both platforms' relative strengths.
The meme-inspired cryptocurrency Dogecoin ($DOGE), which has seen its value dop by around 0.6% over the last 30-day period, has a significant resistance at the $0.11 mark, with around 31 billion DOGE tokens holding at that level.
How will the current market dynamics and Musk's stance impact the future value of Dogecoin?
Sui price has embarked on an unstoppable bull run, making it one of the best-performing cryptocurrencies in the industry. It soared to a high of $1.1752 on Wednesday morning, its highest point since April 30th and 151% above its lowest point in August.
Cardano (ADA) is finally at stage three of this current market cycle, with analysts foreseeing a massive 4,500% price rally to $15. This projected price increase is set to offer dedicated investors and holders a small window of opportunity to make gains from the popular altcoin.
The 50-day EMA crossing below the 200-day EMA is signaling a possible death cross, according to Bitcoin's technical indicators. The current chart indicates that the difference between the two moving averages has been closing, and this crucial cross may occur in the coming days.
A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that.