Ethereum supporters are confident that prices will break the $2,000 level. However, recent moves by its founder, Vitalik Buterin, and the Ethereum Foundation, the team managing the smart contracting platform, raises concerns, especially from coin holders and traders, on whether the coin has what it needs to break above key resistance levels. ETH Transfer Raises …
Ethereum (ETH) has experienced a series of corrections in the last few weeks, following a rally over the past few months. According to a recent report by Santiment, investors are actively depositing ETH to various crypto exchanges, and this activity has reached its highest level in the past eight months.
Play to earn, also referred to as GameFi, is now the industry’s fastest-growing sub-sector. The valuation of the online gaming business is expected to hit USD116 billion by 2021, thanks to the fact that more than 3 billion people around the world spend time playing these games.
On-chain data shows Ethereum has observed massive inflows of $505 million into Binance during the past day, a sign that selling may be going on. Ethereum Exchange Inflows Have Shot Up During The Past Day According to data from the on-chain analytics firm Santiment, this increase in the supply on exchanges is the largest observed …
Data shows the Internet Computer (ICP) social dominance has hit a 23-month high, a sign that a local top may be here for the cryptocurrency. Internet Computer Investors Are Showing Signs Of Euphoria According to data from the on-chain analytics firm Santiment, a large number of investors are talking about ICP following its recent bullish …
On-chain data from Santiment shows the Ethereum shark and whale addresses have registered a growth of 5.7% over the past year. Ethereum Sharks & Whales Numbers Have Gone Up During The Past Year According to data from the on-chain analytics firm Santiment, there are now around 380 more sharks and whales in the market compared …
While Bitcoin’s (BTC) price action since the beginning of the year has been impressive, surging by over 80% since January due to several factors, the asset has plummeted in recent weeks for other reason that include the continuous regulatory scrutiny in the industry. However, according to recent reports, the asset may just be gearing for …
As the market experiences a strong bullish sentiment across the board, Arbitrum continues to ride the wave toward higher highs. According to CoinMarketCap, the protocol’s native token ARB is up 28% in the past 24 hours, and emerging as the top gainer among the 50 leading cryptocurrencies on Friday.
After seeing an explosive start to the week and breaking above $30,000 for the first time in over nine months, Bitcoin has begun to cool out price-wise. However, this cooldown that has dragged its price below $30,000 once more could only end up being a short stop as indicators point to more bullish movements to …
Data shows that Bitcoin investors are showing a high amount of hype around the break above $30,000, something that may end up backfiring. Bitcoin Investors Are Showing High Levels Of Euphoria Currently According to data from the on-chain analytics firm Santiment, euphoria in the market is currently significantly more than what was observed following the …
