The recent performance of Ethereum has closely followed that of Bitcoin, with both experiencing a downtrend in prices. However, upon closer inspection, it becomes apparent that Ethereum may have more bearish fundamentals compared to Bitcoin. This has led crypto analysts to speculate that the second-largest cryptocurrency by market cap could see further declines in the
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The recent surge in the price of the APPLE meme coin has captured the attention of the cryptocurrency market. The price of APPLE skyrocketed by an astonishing 76,926% overnight following the launch of Apple’s latest iPad model. Despite the lack of official affiliation with the tech giant, the decentralized nature of meme coins allows for
Guild of Guardians, alongside Guardians Guild Limited, has recently unveiled their ambitious plans for a global launch event titled “Age of the Dread.” This event promises to bring new gameplay mechanics and attractive rewards to players. Running from May 15 to June 9, “Age of the Dread” features a staggering prize pool of up to
Monero (XMR) has recently seen a surge in discussions on social media platforms following the announcement of LocalMonero’s closure. This increase in attention comes at a time when governments around the world are making efforts to regulate privacy-focused cryptocurrencies like Monero. The closure of LocalMonero, a peer-to-peer exchange based on Monero, has sparked conversations about
When it comes to analyzing the buying opportunities in the cryptocurrency market, analytics firm Santiment has pointed out that Cardano (ADA) is currently showing a slightly better opportunity compared to other top coins. Santiment recently discussed the performance of the top assets in the cryptocurrency sector based on the Relative Strength Index (RSI). The RSI
The recent insights provided by Benjamin Cowen shed light on the complex relationship between Ethereum and Bitcoin pricing and the potential for further downside risk. According to Cowen, the ETH/BTC pair is currently experiencing a downtrend, with historical data showing a steep decline in ETHUSD of around 70% following previous declines in the pair. This
The recent price action of Bitcoin has left institutional investors with a bearish sentiment, leading to a wave of massive outflows from Bitcoin investment products. Data revealed by CoinShares in a blog post indicated that Bitcoin investment funds experienced an outflow of $284 million last week. The majority of these outflows were attributed to the
In the latest Base meme coin pump, the new Trump MAGA Base token has surged ahead of the US Presidential Election. TRUMP is currently trading at a market price of $0.00399, showing a 24-hour change of +23,246%. The project saw an impressive +3,394% climb to hit an all-time high at $0.0069 shortly after its launch.
Digital asset investment products recorded outflows for the fourth consecutive week, totaling a significant $251 million. The latest data indicates the first instance of “measurable outflows” from newly issued ETFs in the US, with a total of $156 million in outflows noted last week. This trend is indicative of investor sentiment shifting away from digital
In the ever-evolving world of meme coins, Aqua Cat on SOL has recently emerged as a unique player in the market. Unlike traditional cat-themed coins, Aqua Cat is actually a lovable sea-otter coin disguised as a cat, capturing the attention of traders worldwide. The coin experienced a monumental price surge of 33,895% overnight, showcasing the