Bitcoin is back in the headlines as its dominance has reached a 4-year high, and everyone is talking about the future of altcoins and the direction of the market. As of early May, bitcoin’s dominance (the percentage of the total market it represents) is at 64.98% its highest since January 2021. Bitcoin dominance hits 4-year […]
Bitcoin Dominance Hits 65%, Highest in 4 Years Read More »
Ripple’s XRP trading volume on top-tier exchanges throughout the first quarter, with average daily volume (ADV) holding nearly $3.2 billion, while XRP Ledger (XRPL) activity decreased. According to a May 5 report by Ripple, the volume trend reflects sustained institutional and retail engagement despite sharp price swings and moderating on-chain activity. Spot market data shows
XRP trading volume steady at $3.2B in Q1, but XRPL activity contracts sharply Read More »
The Mantra (OM) token has fallen below $0.40, with RSI at 17.18, signalling oversold conditions. 300M OM tokens are scheduled for burning to curb supply, but price recovery remains elusive. The Mantra team also plans governance reforms to restore trust, though volatility persists. The Mantra protocol’s native token, OM, has plunged below $0.40, igniting speculation
Can MANTRA (OM) price rebound as RSI dips below 20? Read More »
As Bitcoin pursues $100K on enhanced optimism, crypto enthusiasts explore narratives that could fuel the upcoming broad-based rallies. Let’s check why investors will watch NEAR and the viral PepeX in the coming sessions. NEAR, “the Bitcoin of AI tokens,” eyes a potential breakout as a bullish structure aligns with optimistic chatter. Meanwhile, PepeX’s advanced tokenization
NEAR and PepeX revive the AI narrative Read More »
Bitcoin fell sharply from Friday’s multi-month highs above $97,000 over the weekend, with prices sliding under $95,000 during early Monday trading as broader macro pressures weighed on risk appetite. Global macro assets decline (Source: TradingView) The pullback followed a robust U.S. jobs report on Friday that lifted Treasury yields, igniting concern that the Federal Reserve
Bitcoin slides below $95,000 as weekend macro pressures weigh on markets Read More »
Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral
Bitcoin dominance rises, Solana prepares a surge as CartelFi surges Read More »
Ethereum is the world’s second-largest cryptocurrency. Ethereum’s next major upgrade, Pectra, will go live on 7 May. Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) bytecode with RISC-V. Ethereum is back in the spotlight as traders prepare for what could be a decisive breakout year. With the Pectra upgrade scheduled for 7 May,
ETH could reach $5,925 if upgrades succeed Read More »
Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that
Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest Read More »
A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess. A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio, which now point to reduced investor
Bitcoin market clears speculative froth as on-chain indicators stabilize Read More »
649,600 BTC bought between $95,193–$97,437. Support worth $61.6B could protect BTC from dips. Key downside support lies at $93,625 and $91,521. Bitcoin is showing signs of a sustained recovery after weeks of consolidation, with technical indicators suggesting a possible move towards the $100,000 mark. Recent on-chain data and trading patterns hint at renewed bullish sentiment
Bitcoin rally eyes $100K with strong support near $95K Read More »
