In a show of strength, the ONDO token has surged 36% from a key support zone, reigniting bullish sentiment among investors and analysts alike. The cryptocurrency consolidated near the $1.09 level and demonstrated resilience as it bounced sharply to touch $1.49, signaling a likely reversal in its recent downtrend. Following this rise, ONDO’s price aligns with the 38.20% Fibonacci retracement level, an area historically proving to be an accumulation zone as buyers chipped in to prevent further losses upon hit. Adding to the optimistic outlook, the token’s momentum indicators reflect a strengthening bullish case. The Relative Strength Index, for instance,…
Author: cryphedge
Ether, the second largest cryptocurrency, has fallen more than 20% against Bitcoin in the last six weeks. With the ETHBTC ratio remaining near a two-month low, sellers are pushing to stabilize the price below $3,400. This pressure has led to a significant drop in an important on-chain metric, indicating potential further declines in its price.Ethereum’s Decline Might Be Short-TermThe price of Ethereum has been experiencing mixed reactions in the market as both buyers and sellers face liquidations. According to Coinglass, Ethereum saw a total of $35 million in liquidations over the past 24 hours, with $14 million coming from buyers…
Solana and Chainlink investors are now turning their attention to Lightchain AI, intrigued by the potential for explosive growth. With predictions pointing to an impressive 11,090% upside, this emerging cryptocurrency has quickly gained traction among the crypto community. As seasoned investors look for the next big opportunity, Lightchain AI stands out as a promising option in 2025, attracting those who are seeking higher returns and a chance to capitalize on its early-stage momentum. The question is; will it outperform its rivals? Why Solana and Chainlink Investors Are Turning to Lightchain AI As Solana and Chainlink investors seek new opportunities in…
Bitcoin has recently been trading inside a historically narrow 60-day price range. Here’s what usually follows such periods of compressed volatility. Bitcoin Price Action And Supply Are Both Constrained In A Tight Range In a new post on X, the on-chain analytics firm Glassnode has discussed how BTC hasn’t witnessed much sharp price action recently. Below is the chart shared by the analytics firm that shows the historical instances where the 60-day price range was narrower than the current one (in terms of percentage swing). Looks like there haven’t been many instances of a tighter price range in history |…
In recent years, NFTs have evolved from a niche digital asset to a multi-billion-dollar market.At the height of their popularity, NFTs captivated collectors and investors with the promise of owning unique digital assets, often commanding multimillion-dollar sales. However, as the initial excitement fades, many of these digital tokens are struggling to maintain their value.The main issue has become clear: relying solely on the appeal of a digital image or collectible is not enough to sustain long-term worth. As the market has cooled, the concept of “utility”—offering added benefits beyond the digital artwork itself—has become crucial for NFTs to maintain relevance…
Monaco is set to become a major hub for web3 innovation in 2025, hosting a groundbreaking event from June 27 to June 28.Building on the success of NFTFEST 2024 in Brussels, this year’s Monaco event will broaden its scope by addressing key themes such as the integration of AI with web3, the potential of Bitcoin and the Ordinals protocol, and the evolving role of decentralised technologies by bringing together the WAIB Summit, NFT FEST, and Ordinals Monaco under one unified program.The event will feature an impressive lineup of speakers and partners, including Robby Yung, CEO of Animoca Brands, Luca Netz,…
The world of blockchain is expanding every day, and BNB Chain wants to lead the charge as an “AI-first” platform. In simple terms, BNB Chain wants to bring artificial intelligence (AI) into Web3, making it easier for decentralized applications to learn, adapt, and run autonomously. We look at the growing importance of AI Agents in the Web3 space and highlight how developers can leverage BNB Chain AI Agents to build, launch, and scale their next big idea. What Are AI Agents? AI Agents are software entities that act and make decisions without needing as much human oversight. In the Web3…
A widely followed trader is issuing a warning on altcoins in the artificial intelligence (AI) crypto sector. The trader pseudonymously known as Bluntz tells his 312,000 followers on the social media platform X that the “big” AI-related crypto assets are signaling the possibility of the bullish run coming to an end over the short term. According to the analyst who regularly applies the Elliott Wave theory in his technical analysis, lots of the AI-related altcoins have retraced from the peak of the final wave of a bullish trend that started months ago. The Elliott Wave theory states that the main…
Shiba Inu (SHIB) fans eagerly wait for the asset to hit new highs. The asset’s performance during the 2021 bull run is one for the history books. SHIB’s price rallied by many million percent turning several early investors into multi-millionaires.Also Read: BNB Foundation Burns $1.16 Billion in Tokens: What It Means for InvestorsHow To Become A Millionaire With Shiba Inu By 2030?Source: Watcher GuruMany believe that the SHIB boat has sailed. Others think there is still time to make it big with the dog-themed cryptocurrency.According to Changelly, SHIB’s price could rise to a potential high of $0.0003659634 in 2030. To…
Ripple Labs has requested for an extended deadline to submit its legal brief in the ongoing cross-appeal which is filed by the U.S. Securities and Exchange Commission (SEC). The letter dated for January 23, 2025, has been written by Michael K. Kellogg, counsel for Ripple, and has been addressed to Catherine O’Hagan Wolfe, Clerk of Court for the U.S. Court of Appeals for the Second Circuit, seeking a submission with a deadline of April 16, 2025 as reported by James K. Filan, a former Federal Prosecutor. Ripple requests extended deadline to file its brief Ripple To Prepare a Comprehensive…
