Shiba inu’s (SHIB) supply-side dynamics are screaming bullish, yet the second-largest joke cryptocurrency by market value trades under pressure. Early this week, SHIB’s burn rate surged to over 112,000%, with more than 116 million coins transferred to wallets that cannot spend money. In other words, these coins were permanently taken out of circulation. The daily…
The price of Bitcoin has managed to stay afloat over the past few days despite the growing conflict in the Middle East and the ensuing bearish pressure. The premier cryptocurrency continues to hover around the $105,000 level, with its value down by merely 0.8% in the past week. According to the latest on-chain data, the…
The Ethereum price has not been able to maintain its red-hot start to the year’s second quarter, with the altcoin’s value still pretty much around where it was at the start of June. This sluggish performance comes despite the consistent capital inflows witnessed by the US-based spot Ethereum exchange-traded funds (ETFs) in the past four…
Ethereum is trading at a critical juncture after intense volatility rocked the broader market following renewed conflict in the Middle East. After pushing above the $2,800 resistance earlier this week, ETH bulls appeared to regain control. However, the price action failed to hold above that level, pulling back sharply and signaling hesitation among market participants….
Bitcoin is trading just above the critical $104K level after enduring multiple days of selling pressure triggered by escalating tensions in the Middle East. The recent attacks between Israel and Iran have injected fresh volatility across financial markets, but BTC has shown notable resilience. Currently down about 5% from its all-time high of $112K, Bitcoin…
Bitcoin (BTC) BTC is holding firm above $105,000 after recovering from a sharp downturn triggered by escalating tensions in the Middle East. The leading cryptocurrency dropped below $104,000 following Israel’s strike on Iran, but quickly regained lost ground, now trading at $105,590, up 0.15% in the past 24 hours. Bitcoin’s swift rebound suggests underlying strength,…
After a period of pullbacks and choppy price action, SUI appears to be staging a technical comeback. Recent price movements have formed a classic Inverse Head and Shoulders pattern, often seen as a reliable bullish reversal signal. While the breakout hasn’t roared just yet, the structure forming beneath the surface suggests growing strength. Inverse Head…
The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a breakout in either direction. After a failed attempt to…
In line with the crypto market, Ethereum prices briefly crashed below $2,500 on Friday due to escalating geopolitical tensions between Israel and Iran. The prominent altcoin currently trades around $2,567 following a slight recovery but remains some distance off the week’s high of $2,871. Amidst all these recent developments, prominent blockchain analytics company Santiment has…
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