Did Someone Forget The BONK? Trading Volume Plunges Over 70%

Did Someone Forget The BONK? Trading Volume Plunges Over 70%

[ad_1] Bucking the trend within the highly volatile memecoin sector, Bonk (BONK), a Solana-native meme token, has exhibited a bearish bias despite prevailing bullish sentiment across the broader memecoin market. Recent data from CoinMarketCap reveals a staggering 25% price decline for Bonk over the past month, a stark contrast to the general upward trajectory witnessed … Read more

UNI Price Prediction – Uniswap Recovery Could Remain Capped

UNI Price Prediction – Uniswap Recovery Could Remain Capped

[ad_1] UNI price turned red and declined below the $10.00 support. Uniswap is showing many bearish signs and recoveries could face hurdles near $10.00. UNI started a fresh decline below the $10.00 support zone. The price is trading below $9.50 and the 100 simple moving average (4 hours). There is a key bearish trend line … Read more

Trading Guru Uncovers This Notable Pattern On Solana: What’s Next For SOL Investors?

Trading Guru Uncovers This Notable Pattern On Solana: What’s Next For SOL Investors?

[ad_1] Trader and market analyst Peter Brandt has provided valuable perspectives on the recent price movement of Solana (SOL), suggesting the completion of a notable chart pattern. In particular, Brandt has noted a descending triangle pattern forming on Solana’s 4-hour price chart. Identified Chart Pattern On SOL And Its Implications The descending triangle pattern identified … Read more

DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates

DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates

[ad_1] In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI algorithmic stablecoin, provided insights into the performance of the Maker Protocol following recent changes. Over the past few weeks, MakerDAO has implemented significant updates to the protocol and the DAI stablecoin.  Introducing the … Read more

Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters

Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters

[ad_1] The Bitcoin network mining difficulty has surged nearly 4% to hit an all-time high just a few days before the highly anticipated Halving event. This adjustment, recorded at 86.4 trillion, marks a crucial milestone in the cryptocurrency’s history. Decrypting Bitcoin’s Mining Complexity Notably, Bitcoin mining difficulty measures miners’ complexity in solving mathematical puzzles to … Read more

CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price

CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price

[ad_1] The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Jan van Eck, CEO of investment firm … Read more