Cardano (ADA) is experiencing a significant challenge despite its strong bullish momentum since March 21st. The cryptocurrency’s price is stalled at a local resistance level of $0.385, which has proven to be a significant barrier for ADA in its price movement. ADA is trading at $0.3704, recording a decline of over 3.5% in the past …
On-chain data provider Santiment shows Cardano (ADA) is presenting mild decoupling signs this week. According to the report, the decoupling highlights ADA’s increasing strength as an independent asset. ADA’s recent price moves and uptrend depicts resilience for over a month, even amid downturns in the broader crypto market. Santiment reported that major Cardano investors with …
Data shows the XRP social dominance has hit a 1-year high recently; here’s what this may mean for the cryptocurrency’s price. XRP Social Dominance Is Now At Its Highest Level In 50 Weeks According to data from the on-chain analytics firm Santiment, discussions around XRP have shot up recently. The social volume must first be …
In July 2022, Polygon Labs, zkSync and Scroll ZKP launched a race to build the best zero-knowledge Ethereum Virtual Machine (zkEVM). After $1 billion in funding, two external audits, and an internal audit of 26 researchers, today is the day – March 27, 2023 – when the Polygon zkEVM will be launched. Although the Polygon …
Data shows the crypto market sentiment has become less positive in recent days, something that could allow the latest rally to extend further still. Euphoria Doesn’t Seem To Have Hit Crypto Market Yet According to data from the on-chain analytics firm Santiment, positive sentiment has declined in the market despite the price surge. The relevant …
XRP whales are becoming more active once more as the crypto market picks back up. They seem to have taken advantage of the small decline in prices to load up their bags over the last month, leading to a significant uptick in the number of tokens they hold on their balances. XRP Whales Buy $155 …
Bitcoin has fallen below the $25,000 level during the past day as on-chain data shows signs of elevated activity from the whales. Bitcoin Whale Transaction Count Has Shot Up Recently According to data from the on-chain analytics firm Santiment, whale activity surged to the highest level in four months yesterday. The relevant indicator here is …
On-chain data shows the Bitcoin exchange inflow has registered its largest value in six months, a sign that profit-taking may be going on after the price surge. Bitcoin Exchange Inflow Has Spiked To Highest In Six Months According to data from the on-chain analytics firm Santiment, a large number of coins have entered into exchanges …
On-chain data from Santiment shows Bitcoin sharks and whales accumulated around $821.5 million in the asset during the recent dip in the price. Bitcoin Sharks And Whales Have Added 40,557 BTC To Their Holdings Recently As per data from the on-chain analytics firm Santiment, the sharks and whales weren’t behind the dip in the price …
MATIC, the utility token of the Polygon network and one of the biggest altcoins, has been on a steady decline in the last few weeks along with most of the crypto market due to the ongoing financial troubles of the popular crypto-friendly bank, Silvergate. Based on data from Coingecko, MATIC has plummeted by 6.9% in …
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