Bitcoin (BTC) Old-timers seem prepared to sell their profits before the upcoming Bitcoin halving event, based on a widely used signal among cryptocurrency investors. The Value Days Destroyed (VDD) index has surpassed 4.0, causing crypto experts to ponder if this signal might mean the broader market’s bullish trend is coming to an end. “Has the … Read more
Bitcoin’s halving event could tarnish bullish expectations Cardano and MATIC are expected to rally, but investors should be prepared for short-term losses The Bitcoin halving, which reduces the reward for mining new blocks from 6.25 to 3.125 BTC, is expected to occur in about ten days. Despite this being publicly known, there are numerous other … Read more
On-chain analysis spotted a buy signal that participants might find useful MATIC’s price might hike towards $1.20 in the short term According to AMBCrypto’s assessment, the 23.64% drop in MATIC‘s value over the past month could represent a valuable buying opportunity. This view is supported by the altcoin’s negative Market Value to Realized Value (MVRV) … Read more
The decentralized staking platform EigenLayer on Ethereum, boasting over 13 billion dollars worth of assets, has officially gone live on the mainnet. However, certain notable features are yet to be released and are expected to be made available later in the year. In a blog post on April 9, EigenLayer revealed that they have introduced … Read more
According to Jesse Pollak, the head of protocols at Coinbase’s Ethereum layer-2 network Base, the platform has recently processed a large number of transactions per second. On April 9, Pollak, the founder of Base, shared on X that the platform handled up to 300-400 transactions every second without encountering any problems. Despite having real-time transactions … Read more
DOGE’s value has reduced by almost 5% in the past 24 hours. Trading activity in its derivative and spot markets has cratered. At the moment of writing this, the value of Dogecoin (DOGE) decreased by approximately 5% over the past 24 hours, whereas the prices of other prominent meme tokens experienced minimal growth. During that … Read more