Text size Macro headwinds could make it tougher for Bitcoin and other cryptos. Dreamstime A bear market has… Source link

Image source: Getty Images Bored Ape Yacht Club (BAYC) crashes Ethereum in Otherside mint. Will ApeCoin (APE) find a new home? Key points BAYC made history in multiple ways with the first Otherside NFT mint, and it could have big impacts on the future of Ethereum and ApeCoin. With Ethereum… Source link

Data from blockchain analysis firm Santiment indicates that ETH whales have been accumulating over the past two weeks. They have broken out of a sustained ownership downtrend since the start of the year, and are now back to owning over 12% of the supply. ETH whales, in this context, are defined as addresses holding between 1000 and 10,000 ETH. That’s between about $3 million and $30 million worth of ETH, at current prices. As of Thursday, whale ownership sat at 12.07% of… Source link

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Monero (XMR) gets a neutral rating from InvestorsObserver Monday. The coin is down 2.66% to $207.11 while the broader crypto market is down 0.42%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend. Equities markets are also in a downtrend and according to researcher Clara Medalie, the price of stocks from companies with exposure to Bitcoin (BTC) have also taken a notable hit. Bitcoin vs. BTC exposed companies. Source: Twitter Medalie said: “Block, Tesla, Microstrategy and Coinbase are down between… Source link

Over the past 24 hours, Monero’s XMR/USD price has fallen 4.31% to $207.59. This continues its negative trend over the past week where it has experienced a 14.0% loss, moving from $246.37 to its current price. The chart below compares the price movement and volatility for Monero over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or… Source link

ETH price is coiling into a diagonal pattern. Ethereum price printed a large bearish engulfing candlestick. Invalidation of the downtrend is a breach at $3,039. Ethereum price shows a bearish stronghold within the price action. Countertrend trading the ETH price trading is deemed high risk and inadvisable. Ethereum price could continue its decline Ethereum price appears to be coiling within an ending diagonal formation, a hopeful indication for the bulls…. Source link

Solana halted after a flood of network activity caused a cascade failure of the blockchain’s validators Ethereum gas fees surged as Ape DAO members tried to mint NFT land parcels in a proposed Bored Ape Yacht Club metaverse The two preeminent smart contract platforms each ran into performance problems on Saturday after high traffic demands from NFTs temporarily brought transactions to a standstill.  The… Source link

Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown ahead? Ether’s price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among traders about their next bias. Interestingly, the Ethereum token wobbled in the proximity of a rising trendline that constitutes an ascending triangle pattern in conjugation with a horizontal line… Source link