The Altcoin Season Index at 35 suggested that the many tokens were not out of depression. A decline in ETH’s network growth and volume might hinder the upswing. One common phrase that has gained significant buzz in the financial markets for several months with seemingly minimal results is referred to as “altcoin season.” This term … Read more
Bitcoin’s dominance persists amidst growing excitement for altcoins. Retail interest continues to remain significant and should not be overlooked. In 2024, the crypto market has seen its fair share of surprises. From Bitcoin’s halving to price fluctuations and regulatory scrutiny, investors have faced their share of challenges. Yet, despite these hurdles, Bitcoin continues to be … Read more
Correlation between the OI, price and, active addresses indicated a potential fall to $4.93 Late shorts might not get any reward as TON might begin a slow recovery soon The number of active addresses on Toncoin (TON) has dropped significantly from recent highs, which could be a sign that deposits and withdrawals have decreased. This … Read more
Google Cloud’s new Web3 portal offers resources for blockchain developers, but the response within the crypto community has been divided. Some critics, like Unchained’s Phil Geiger and pseudonymous trader MartyParty, have expressed disappointment over the lack of native Bitcoin and Lightning support. Others, such as Mitroplus Labs’ Ivaibi Festo, have praised it as a valuable … Read more
Solana-based devshop Anza claimed that the internal tests have been “promising” SOL failed to react positively, slipping by more than 4% on the charts As a crypto investor, I’m excited about the latest development from Solana. Anza, a devshop made up of former Solana Labs engineers, has released version v1.18.12 for testing, which they claim … Read more
Despite its recent price troubles, SHIB’s long-term outlook remains bullish SHIB’s key on-chain indicator flashed a buy signal too As a technical analyst, I’ve been closely monitoring Shiba Inu‘s [SHIB] weekly chart and have identified several key indicators suggesting that this memecoin could be due for a long-term rally. Despite the recent price volatility and … Read more