The crypto market is witnessing a significant shift in trading patterns, with decentralized exchanges (DEXs) now surpassing centralized exchanges (CEXs) in trading volume. This is a notable achievement considering the historical dominance of CEXs in the market. The rise of DEXs signals a growing trend towards decentralization and community-led platforms. One of the key factors
Shiba Inu, a popular meme coin, saw a 3% decrease in its price recently amidst a substantial plunge in the cryptocurrency market. This drop was attributed to the US government’s decision to move $2 billion worth of bitcoin holdings to another address, sparking concerns about a potential sell-off. However, despite this setback, there are indicators
The U.S. Securities and Exchange Commission (SEC) has recently announced its decision to pause allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities. This move comes as part of the ongoing lawsuit against crypto exchange giant Binance, where the SEC has filed a joint status report in the U.S. District Court for
The Bitcoin open interest is a crucial metric that reflects how investors perceive the cryptocurrency and the bets they are placing. When the open interest reaches a new all-time high, it can have significant implications for the market. Recently, the Bitcoin open interest hit a record high, which could potentially signal trouble for the digital
Ripple’s XRP has shown a significant uptrend in recent weeks, climbing from less than $0.40 to over $0.63 before retracing below $0.55. Currently, it has been consolidating around $0.60. Some analysts have pointed out the tightening of the Bollinger Bands on a monthly chart, suggesting a potential large price movement. The tightness of the bands
Recently, Ethereum, the second-largest cryptocurrency by market capitalization, has been showing signs of a bullish trajectory. According to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally in the near future. The platform suggests that Ethereum could potentially reach a value between $12,000 and $15,000, based on positive
Fight League Survivor is not just any arcade-style action and survival game; it is an immersive experience that pits players against the fearsome Icharid Covenant in the vibrant world of Bastion. The game offers a unique blend of fast-paced gameplay, intense action, and strategic thinking. Players take on the role of liberators, fighting to free
Bitcoin, the flagship cryptocurrency, has been on a significant price surge recently, nearing its all-time high before facing rejection. One of the key factors contributing to this surge is the growth in market capitalizations of USDT and USDC. This growth has had a significant impact on Bitcoin’s price trajectory, indicating renewed market strength. By surpassing
Since reaching its peak of $73,400 in March 2024, Bitcoin has been on a downward trend, failing to surpass its previous all-time high for the past four months. Despite this, there is still optimism within the crypto community that Bitcoin will eventually bounce back and reach a new all-time high. Crypto analyst “Melikatrader94” on TradingView
China has played a significant role in the history of Bitcoin, especially in terms of mining and trading. In 2017, Chinese miners accounted for over 70% of the Bitcoin network’s hashrate, showcasing the country’s dominance in the industry. However, the government’s stance took a sharp turn later that year when it banned Initial Coin Offerings
