On-chain data shows the Litecoin MVRV has been at relatively high levels recently, something that could be bearish for the cryptocurrency. Both 30-Day & 365-Day Litecoin MVRV Ratios Are High Currently According to data from the on-chain analytics firm Santiment, LTC traders are well above water at the moment. The “MVRV ratio” is an indicator that measures the ratio between […]

Paris, France, May 23rd, 2023, Chainwire OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced it has filed application in France to become a registered Digital Asset Service Provider (DASP) under the rigorous requirements set out by Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). […]

The top 5 cryptos are treading cautiously as Bitcoin enters its narrowest trading range, reminiscent of July 2020 prices, according to Glassnode. Consolidating within its tightest seven-day range in three years, Bitcoin’s movement indicates an imminent significant shift in the days ahead. Amidst the cautious sentiment in the broader financial market following a recent debt ceiling meeting, which has prompted […]

Everyone is looking for an edge when trading crypto. In a new video, a Bitcoin indicator designed for finding precise market turning points is used to turn $5 into $34,000. The results are a shocking 88% success rate and more than 679,000% ROI. Let’s take a closer look. About The Bitcoin Indicator Used: Fisher Transform The Fisher TransformFisher Transform was […]

Mike McGlone, a senior commodity strategist at Bloomberg, has highlighted Bitcoin’s (BTC) historical patterns of boom and bust, which are closely tied to liquidity. According to McGlone, Bitcoin’s current price level of around $27,000 may be at risk of reversion, considering that it was only $7,000 at the end of 2019 before the massive liquidity pump in 2020. Bitcoin Faces […]

Dogecoin’s on-chain transaction count is up more than 60X from roughly 20,000 transactions as of May 1 to over 1.20 million on May 20, BitInfoCharts data shows. 60X Spike In Transaction Count The present spike represents a 60X expansion in the Dogecoin transaction count, a noteworthy development primarily due to the launch of Ordinals on the proof-of-work blockchain. The spike […]

The bearish pressure in Chainlink (LINK) since April 19, 2023, seems to have ended recently. Notably, the asset dropped from $8.57 to a low of $6.37, representing a dip of 25.67% between April and May 11. However, a strong recovery in the LINK market started on May 12 till date. On May 21, 2023, the coin rose to a local […]

Ethereum (ETH) is trading in a bearish trend zone. Long-term analysis of Ethereum price: bearish The downtrend of Ether has slowed down and it has been trading above the support level of $1,773 since May 11. On May 12, the largest altcoin started consolidating and rose above the support level of $1,770. Doji is a sequence of shapes of small, […]

The Shiba Inu community remains passionate about controlling its price action by eliminating excess tokens in circulation through burn events as the community has continued to burn SHIB tokens. Recent data from Shibburn.com reveals that 3.05 billion SHIB got burnt in eight separate burn transactions in the past seven days. The latest statistics represent a 75% increase in the total burn […]