$200 Million In Crypto Longs Wiped Out As Altcoins Crash To Start Week
Posted inAltcoin

$200 Million In Crypto Longs Wiped Out As Altcoins Crash To Start Week

Data shows that the cryptocurrency derivatives sector has seen a high amount of liquidation during the past day as Ethereum and other altcoins plunged. Altcoins Have Just Witnessed Massive Long Liquidations According to data from Liquidation” here refers to the forceful closure that any open contract undergoes after it has accumulated losses of a certain…
Posted inToncoin Ton

Key Metrics Indicate Toncoin Accumulation Continues Despite Price Struggle

After a steady decline, Toncoin (TON) has seen a slight price increase over the past day, rising by 1.7% to $3.85. This movement comes amidst ongoing discussions about its longer-term performance and accumulation trends. According to an analysis by CryptoQuant analyst Shiven Moodley, there are indications that TON holders are positioning for a potential rebound.…
Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive
Posted inbitcoin news

Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive

In a post on X published yesterday, Jeff Park, Head of Alpha Strategies at Bitwise, stated that Bitcoin (BTC) currently presents a “generational opportunity” amid intensifying global macroeconomic turmoil.  Park pointed to factors such as US President Donald Trump’s proposed trade tariffs, concerns over the US debt ceiling, and the growing sentiment of deglobalization as…
Dogecoin Hits Weekly Support Trendline, Analyst Signals Cycle Bottom Is In
Posted inAltcoin

Dogecoin Hits Weekly Support Trendline, Analyst Signals Cycle Bottom Is In

Recent price decline action has seen Dogecoin rebounding at a recent multi-month low after the entire market started last week on a liquidation stretch. However, technical analysis from analyst Trader Tardigrade suggests that Dogecoin may have already established its cycle bottom before the next price surge. Dogecoin Tests Key Weekly Support After 40% Drop The…
Solana Faces Key Test – What Happens Next Could Be Game-Changing
Posted inAltcoin

Solana Faces Key Test – What Happens Next Could Be Game-Changing

Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably,…
Shiba Inu Set For A 10-Fold Explosion? Analysts Predict 6,000% Surge
Posted inShiba Inu

Shiba Inu Set For A 10-Fold Explosion? Analysts Predict 6,000% Surge

The Shiba Inu cryptocurrency’s recent predictions of huge returns have surprised the digital asset community. The meme-based coin is currently trading at $0.0000162, and analysts are forecasting returns of between 858% and over 6,000%. The accuracy of such lofty estimates has been a hot topic lately. Once again, the well-known meme cryptocurrency is in the…
Why The Bitcoin Dominance Reaching 71% Is Important For Altcoin Season To Begin
Posted inbitcoin news

Why The Bitcoin Dominance Reaching 71% Is Important For Altcoin Season To Begin

Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, awaiting an altcoin season. Reaching 71% Is Critical For An Altcoin Season The Bitcoin dominance chart, which tracks Bitcoin’s market capitalization in relation to…