The total cryptocurrency market capitalization (TOTALCAP) and the price of Bitcoin (BTC) have moved above their respective corrective patterns and are approaching new yearly highs.

Bankrupt cryptocurrency joint venture Three Arrows Capital (3AC) has made a comeback, launching a new version called 3AC Ventures. They have also introduced the OPNX exchange, with its native token being OX.

Bitcoin (BTC) price breaks out of corrective pattern Similar to TOTALCAP, the price of Bitcoin has broken out

Bitcoin (BTC) has experienced a strong increase in price since hitting a local bottom on June 15th. It is poised to break out of a nearly three-month-long consolidation pattern.

Despite this upward movement, the wave count indicates a continuing downward trend. Therefore, another significant decline may occur after the completion of the relief rally.

Descending parallel channel Technical analysis from the daily timeframe shows that BTC has been declining within a descending parallel channel si

The price of BNB (BNB) has broken down below an ascending triangle pattern, and it may continue to decline in the near future.

Ascending triangle pattern: The price of BNB has been trading within an ascending triangle pattern since May 2022. This is a bullish pattern that often leads to a breakout in most cases. However, the price of BNB has failed to break out twice since then (highlighted in blue ellipses). This indicates a lack of buying pressure at higher levels.

Indeed, after two failed a

Recently, the cryptocurrency industry has experienced a lot of volatility, with some assets facing more losses than gains. Cardano [ADA] has been part of the old guard for quite some time.

However, in a recent development, this altcoin has seen a strong surge. At the time of reporting, ADA was trading at $0.2828 with a daily gain of 5.38%. This comes after a difficult week where the altcoin dropped by 24%.

The hourly price chart of ADA is filled with bullish signals. At the start of the day, t

Ethereum Classic (ETC) is a cryptocurrency that has been present in the market for a long time. Its platform allows you to create and use contracts and smart applications without disruption, fraud, or control from others.

Ethereum Classic is based on the original Ethereum blockchain, which was split due to the DAO hack in 2016. Additionally, Ethereum Classic has become popular among investors and traders due to its unique features and development potential.

In this article, we will analyze the

Ryoshi Plaza of Shiba Inu Metaverse is expected to be announced soon. Recently, the Shiba Inu team has revealed an upcoming teaser of the Plaza, which is considered the "beating heart" of SHIB: The Metaverse.

Along with other details, an image was also attached showcasing "inspiring beauty and rich cultural reference materials" to attract users to "converge in perfect harmony." In fact, everything is set to immerse users in the "vibrant essence of Japan's bygone era."

William Volk, the Alpha D

The price of SingularityNE (AGIX) has broken down below a significant horizontal support level and confirmed it as resistance. It may continue to decline in the future.

Key Support:

The price of SingularityNE (AGIX) has been declining since reaching an all-time high of $0.666 on February 8th. During this process, it has bounced off the $0.320 support level twice (blue arrows) but failed to create higher highs. This is a sign of weakness, indicating a lack of buying pressure at higher levels.

Solana has approved the new v1.14 update for its validator software. After the majority of network users decided to upgrade to the new version on May 22nd, v1.14 has been considered widely supported.

The good news is that the latest network update has been accepted by over 97% of Solana validators, as stated in a tweet by SOL.

New Upgrade Features

According to the official announcement, version 1.14 introduces several highly anticipated features on the Solana blockchain.

With the help of thi

More than 386 million Optimism (OP) tokens - worth $587 million at current prices - are scheduled to be unlocked on May 31st as part of the initial distribution phase for early contributors and investors, raising concerns about price pressure.

Unlocking OP on May 31st is one of the largest scheduled unlocking events this year. With the current circulating supply only at 335 million OP, tomorrow's event could increase the circulating supply by over 100%.

According to analysis from the token unl

The cryptocurrency market has been quite volatile in the past few weeks, experiencing sudden but gentle fluctuations that have left the community wanting more. Among the projects affected, the Shiba Inu community has had to face significant losses.

Data provided by IntoTheBlock shows that 81% of SHIB holders are currently in a loss, with only 15% achieving profits. This data highlights the challenging situation that some SHIB investors have been facing during this downtrend phase.

Despite the

The price of Solana (SOL) has formed a descending price pattern within a strong resistance zone. It is expected to decline towards the support zone at $15 in the near future.

Weekly Outlook:

The price of Solana (SOL) has been decreasing along with a declining resistance trendline since January 2022. During this process, the price has been rejected by this trendline multiple times and reached its lowest point at $8 in December 2022.

Although the price has recovered strongly since then, it has

According to CryptoQuant, recent analysis of the fair value of UTxO age bands suggests the possibility of an accumulation phase in the cryptocurrency market in the coming months. An important level to monitor during this phase is $35,000, which indicates a potential turning point for Bitcoin.

There are two notable observations since 0nchain explored these data in-depth earlier today. With a longer-term perspective, the article will apply a technical approach to assess the impact. While the prev

The price of SNEK, a memecoin within the Cardano ecosystem, has surged over 200% in the past seven days. Trading at a low of $0.0004 on the previous Monday, SNEK is currently at $0.0017.

A particularly notable increase of 135% was recorded over the weekend, which is interesting considering that market participants were less active, and the market itself was less volatile during that time.

Amidst this price action, SNEK has climbed to the 4th position in the ranking of the largest tokens within

Although often considered a volatile asset with large price fluctuations, Bitcoin has been trapped in a narrow range for the past few days.

However, all of that could change in the coming days, at least based on similar historical patterns.

In addition to the price drop on May 12 to a two-month low, the recent performance of BTC has been relatively stable. The asset reached its highest level at $27,600 last week and then experienced a significant decline, marking the most notable price volatil

According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for minting Bitcoin Ordinals reached 1.414 Bitcoin (BTC), equivalent to $38.2 million, on May 20th, marking a 700% increase compared to April 20th and an 831% increase since April 1st. An analysis shows that while there is still interest in Bitcoin NFTs, the majority of Bitcoin Ordinals have shifted towards text-based inscriptions, as opposed to the relatively balanced mix of text and image inscriptions

Ether holders are urgently staking their tokens with network validators. This has pushed deposit activity to its highest level since the Shapella upgrade last month.

In fact, the total volume of crypto assets being staked has exceeded 20 million.

The latest milestone comes a month after the highly anticipated Ethereum Shanghai upgrade, which has been driving record-breaking Ether staking deposits.

"Just one month since the Ethereum Shapella Upgrade. Since then, the total volume of staked ETH

#binancepizza

In 2018, on the eighth anniversary of Bitcoin Pizza Day, a group of cryptocurrency enthusiasts known as the Lightning Network community organized a global event called the "Lightning Pizza Day." The Lightning Network is a second-layer protocol built on top of the Bitcoin blockchain that aims to enable faster and cheaper transactions.

During the Lightning Pizza Day, participants from different parts of the world used the Lightning Network to order and pay for pizzas. They shared

#feedfeverchallenge

Cryptocurrencies, blockchain technology, and decentralized finance (DeFi) solutions have the potential to significantly impact everyone's daily lives in several ways:

Financial Inclusion: Cryptocurrencies and blockchain technology have the potential to provide financial services to the unbanked and underbanked populations worldwide. With cryptocurrencies, individuals can access financial services, make payments, and store value without the need for traditional banking infr

In the past week, Polkadot's NFT ecosystem has experienced significant growth in both transaction volume and partnership relations.

Polkadot recorded a sudden increase in revenue and fees on May 12th. However, this trend may not be sustainable as the graph quickly declined in the following days.

Polkadot has recently been posting its weekly summary on Twitter, highlighting the most notable developments within its ecosystem that have the potential to reshape the landscape.

According to Polkado

Tether, the company behind the largest stablecoin USDT, is following in the footsteps of MicroStrategy by purchasing BTC for its reserves. The stablecoin issuer plans to enhance its reserves with the help of Bitcoin.

In an announcement on May 17, Tether revealed that they plan to invest a portion of their profits into BTC on a monthly basis. The company stated that they will "regularly allocate up to 15% of its profits to buying Bitcoin."

The announcement came within a week of the company's qu