Binance burned 1.5 billion LUNC tokens, reducing the total circulating supply to 5.799 trillion tokens. Terra classic Crypto may flip the bearish crossover of 50 and 200 day EMAs if a double bottom pattern is validated on the daily chart. Terra Classic (LUNC) has been significantly energized by Binance, the foremost cryptocurrency exchange by trade volume. In...
Tron is a blockchain based operating system developed by the tron foundation in 2017. Initially the token was launched in the Ethereum blockchain and later it was moved into its own blockchain.It supports various types of smart contracts and dapps. Recently Tron foundation alongside Justin sun, Bittorrent and Rainberry submitted a new pre-motion letter on May 2....
the 7-day active addresses have observed growth in the last two weeks, despite a price correction. The FLOKI was trading close to $0.00017 recording an intraday gain of nearly 4.02%. The crypto markets saw a sizable drop in April drop, marking the first month of decline since August 2023. However, the recent correction seems to be cooling down, and there are...
XRP was able to bounce back strongly after falling near a multi-month low value indicating a potential increase in demand. Large wallets (whales) have Accumulated Nearly 70 Million XRP tokens in the last couple of sessions. The XRP crypto has shown remarkable resilience by holding above a crucial support level for the past 11 months. Furthermore, the recent...
Ethena has a median APY of 12.2% with a negative USD inflows to the platform.Meanwhile, the number of developers and developers commit is also very low for this platform. The total staked portion of the ENA has also been taking a hit and has reached to 13% as per the data provided by Dune analytics.
Is HNT Poised To Outperform Next Month? HNT crypto bounced back from the lows of $3.65, nearly avoiding the formation of a death crossover. This death crossover comes into formation when the 200-day EMA crosses over the 50-day EMA. However, a sudden surge in Helium price resulted in the aversion of this death cross. The Helium (HNT) price has made a...
Can Ethereum ETF Bring Optimism In The Price? In the present scenario, the Ethereum price is witnessing a strong selloff in Intraday, as it has distanced itself from the $3200 level. The crypto is headed to test the rebound level of $3000, dropping more than 5% in Intraday. The daily chart shows a breakdown of a bearish flag pattern and a rejection from the...
Uniswap is one of the most popular decentralized trading platforms currently present in the market. It is an AMM and was launched way back in 2018 and has gained significant popularity since then. The platform provides liquidity and gives much more value to the Defi sphere.
The Shiba Inu crypto has been on a free fall for the last five intraday sessions. The daily chart witnesses the formation of an interesting channel pattern. Shiba Inu crypto is struggling to find stable ground and has been in a declining trend. The bears are currently in control of the market, and the price has been on a downward trend for the 5th consecutive...
kava's price crashed sharply near its multi-month low value, losing 30% in the last two weeks. The post-halving sessions have triggered a new correction phase in Bitcoin and other altcoins. The Kava price has been experiencing substantial selling pressure in recent weeks, resulting in a loss of nearly 30% of its value during this period. This cryptocurrency has...
Render crypto has widened losses after the bulls failed to take advantage of the previous gains. The daily chart illustrates a consolidation above the recent support level of $7 and below the 50-day EMA Render crypto price has extended the losses after the bulls failed to hold the price above the 50-day exponential moving average. the crypto has been trading...
Internet Computer Protocol is developed by Dfinity foundation with a radical thinking to redesign the blockchain. It hosts canisters (smart contracts) and is designed to provide a World Computer that can replace traditional IT. It aims to host a new generation of Web 3.0 services and applications that can run solely from the blockchain, without the need for...
The Bitcoin price has been consistently dropping for the past four weeks. The selling pressure intensified as the bullish investors were unable to maintain the FWB:65K level. During the past five trading sessions, the price of Bitcoin has experienced a significant decline, plunging below the $65,000 mark due to increased selling pressure following the halving...
APE ecosystem has been observing a decline in the overall treasury from $13 Million to $7 million within a month's period. The overall successful proposals presented on the network have also taken a dip of over 50%. Previously the ratio of total proposals to successful proposals was around 1 to 1.32 but this month it has reached to 2. It suggests that the...
SUI has a market cap of $1.71 Billion and is ranked 61st in the CMC. The current volume-to-market cap ratio for the asset price suggests a consolidation in the trend. It is currently trading near the value of $1.33, with a drop of 2.45% in the intraday session. The asset price has recently given a breakdown below the upside parallel channel. If this trend...
IOTA came in 2015 with an aim to revolutionize the landscape of crypto-verse. Its unique Tangle technology is different from the traditional blockchain structure. Its innovative DLT system enables feeless transactions and scales efficiently as more users engage. Its focus on scalability, decentralization, and security, will make the protocol backbone for Web 3...
SUI is a layer 1 platform which is designed to support the needs and demands for scaling any project. It has a strong technical foundations and uses MOVE language to improve the inefficiencies in the blockchain protocol. The security of MOVE increases productivity and fosters an era of experimentation. It has a similar throughput and latency as compared to web 2...
The Fourth Bitcoin Halving has been completed and the rewards have been reduced to 3.125 BTC per block. At the time of writing, Bitcoin price was hovering close to $66 K recording a 1% dip in Intraday. The fourth Bitcoin (BTC) halving has finally taken place, marking a significant milestone in BTC's journey. As a result of the recent halving, the reward has been...