$ADA
Facing Cardano

ADAUSDT
Short-term decline, which hinders recovery

Meets Cardano price

ADAUSDT
recovery initiation criteria; However, the chances of a successful rally are bleak. This is because ADA holders do not advance in terms of participation, which creates a skew in interest and performance.

Cardano price recently faced a major setback as it failed to break out of the symmetrical triangle pattern. Instead, it collapsed and fell to $0.40, indicating a bearish shift for the cryptocurrency.

The move raised concerns among investors and analysts who were hoping for an upward breakout. Therefore, the likely outcome for ADA is now a sideways movement between $0.43 and $0.40.

However, if the altcoin does not bounce from $0.40, it may break below it. This will cause Cardano price to form a six-month low, falling to $0.38, invalidating the bearish thesis.

$BTC
Bitcoin price falls
BTCUSD
New whales continue to collect digital currencies

The supply held by new whales, defined as addresses holding more than 1,000 BTC and with an average holding time of less than six months, saw a significant increase.

Furthermore, the realized capitalization of new whales showed a consistent upward trend, rising from approximately $98.44 billion to $113.12 billion, indicating an increase of $14.68 billion.

The aggressive buildup of new whales often signals confidence in Bitcoin's near-term potential. Therefore, their increased presence and higher realized capitalization indicate that new entrants to the market are optimistic about future price increases and are willing to purchase BTC at higher prices.

In contrast, the supply held by old whales – addresses holding more than 1,000 BTC and an average holding time exceeding six months – decreased slightly.

Given the accumulation patterns observed among new whales and large holders, Bitcoin is likely to target the $80,000 mark in the near term.

Potential catalysts for the winter of the digital currency market
In a related context, Bitfinex analysts pointed to specific catalysts that may lead to the beginning of the next “crypto winter.” Among these catalysts are regulatory tightening. Increased regulatory scrutiny and stricter regulations could reduce investor confidence and cause a widespread sell-off in the market.

In addition, analysts pointed to macroeconomic factors. Which may lead to long-term selling in the digital currency market. Such as a major downturn in the global economy or major financial crises.

Finally, Bitfinex analysts noted that market saturation could be a potential catalyst for a crypto winter. A natural correction is expected, driven by profit-taking and market saturation, especially after the initial bullish stages following the halving event.
#news #crypto #cryptocurrency

Whale withdrew UNI and AAVE from Binance
Whale 0x201 just withdrew 256,733 UNI ($2.73M) and 12,861 AAVE ($1.36M) from Binance at $10.61 and $105.5, respectively:

transaction 1: 0x2b4870f22a216a941248edbd2395ad4a345e34b7a43d1de7d18d79a2f175b2dd
transaction 2: 0xcb95a79bca40b1921a5ae6c2e1ba93b481446011a49d91297618b368aa4bd048
address: 0x2019e2f0aa900e0a52c05ee8e8f6246ceb926bef

Notably, this is the first time the whale accumulated UNI. On the other hand, the whale has withdrawn 32,852 AAVE via 2 transactions from Binance at $103.5 on average (estimated cost: $3.4M) in the past 22 hours.

The AAVE price pumped 4.14% in the past hour alone while the UNI price pumped 15.44% in the past 24 hours.

#news #binance
$AAVE $UNI

$RNDR Dormant whale moved all RNDR to Coinbase for massive profit
Whale 0xcbd just deposited 1.69M RNDR ($17.03M) to Coinbase at $10.08:

transaction: 0x0d4dd99c59bc65e653459e8e09bfcd6610bc9bee2175b79dcc2c45ad4fabe647
address: 0xcbd507ea0359b62bbda306c21aea3cf270b0ec94

Notably, the whale withdrew those RNDR tokens from Coinbase at only $2.265 on average (estimated cost: $3.83M) from November 2 to 10, 2023. If truly selling now, the whale would realize an estimated profit of $13.2M (+345%) after nearly 7 months of holding.

Currently, the whale no longer holds RNDR. Besides RNDR, the whale has yet to trade other tokens.
#rndr #news

$PEPE Whale withdrew more PEPE from Binance
Whale 0x837 just withdrew another 340.57B PEPE ($4.69M) from Binance at $0.00001376:

transaction: 0x330f6e3068cb82bbb65a4c1829c9f7f28c60ba4fde420be7236c222326be7571

address: 0x83768992b44f9aFad68889CA59F36507fe00d8F7

In total, the whale has withdrawn 1.323T PEPE via 3 transactions from Binance at $0.00001378 on average (estimated cost: $18.23M) in the past 2 days for the first PEPE trade.

Currently, the whale's current PEPE holding is worth $18.83M, suggesting an unrealized profit of $595K (+3.27%).

Fig 1. Whale 0x837 withdrew 1.323T PEPE (estimated cost: $18.23M) from Binance in the past 2 days.
#PEPE‏ #binance #news

$SUSHI what is your opinion ?

$SC what is your opinion ?

$PEPE Pepe Coin Massive Futures Buying Indicate Imminent PEPE Price Rally
A prominent meme coin whale is heavily accumulating Pepe Coin futures, suggesting an imminent PEPE price rally in the coming days, driven by increased derivatives interest.
https://coingape.com/pepe-coin-massive-futures-buying-indicate-imminent-pepe-price-rally/
#pepe #news #crypto #cryptocurrency

The US Federal Reserve: There is no progress in the process of returning inflation to the 2 percent target, and we do not expect that it will be appropriate to reduce interest rates before we are sure that inflation is moving sustainably towards 2 percent.
#news #crypto #cryptocurrency #cryptonews

$ETH $BTC Hong Kong approves the launch of spot Bitcoin and Ethereum trading funds!
The financial authorities in Hong Kong recently approved the launch of cryptocurrency ETFs, linked to Bitcoin and Ethereum, as three asset management companies, Bosera, ChinaAMC, and Harvest Fund, obtained initial approval to launch these funds.
Commenting on this step, Gary Teo, CEO of OSL Securities, said that these approvals to launch spot Bitcoin and Ethereum trading funds may give the Asian continent an advantage over the United States, as the United States has not currently approved any spot products. So Hong Kong managers are in a very good position when they launch Bitcoin and Ethereum products in Hong Kong for sure.
It is noteworthy that earlier, the authorities in Hong Kong had already allowed the launch of futures-based cryptocurrency exchange-traded funds, and the three products, CSOP Bitcoin Futures, CSOP Ether Futures, and Samsung Bitcoin Futures, have assets amounting to...
About $170 million.
#btc #eth #news #newsdaily

$SHIB The burning rate of this digital currency rises 18,000%
The Shiba Inu has seen a huge rise in burn rate metrics, further strengthening its deflationary status. According to Shipburn data. The Shiba Inu's burn rate has increased by 25,035.22% in the past 24 hours.

SHIB tokens are being burned amid the recent cryptocurrency bloodbath and the price correction the broader industry is facing. The Shiba Inu seems to be defying the odds on this key deflationary metric.

Memes, built on the Ethereum blockchain, have captured the attention of investors. It is an optimistic step that is reflected in its burning rate. The meteoric rise of over 25,000% suggests that investors may find a major catalyst to hang on to.

It is worth noting that a total of 658,082,956 SHIB were burned during the past 24 hours in eleven operations. In terms of monetary value, the value of the SHIB tokens burned was $14,385. According to the current market value of the token. This brings the total number of SHIB burned from the initial offering to 410,725,555,674,170.

#SHİB #news #newsdaily

$PEPE New price drop today
Israeli media: The war cabinet decided at dawn today to respond to Iran

$BTC $ETH #news

Ripple CEO expects the market value of cryptocurrencies to explode
#news

$BTC Coinbase is optimistic about the changes that may lead the price of Bitcoin to new heights
After 3 months of positive performance of the cryptocurrency market thanks to the success of Bitcoin ETFs, the cryptocurrency market and the Bitcoin price are eagerly awaiting the halving as another indicator of upcoming rises in the market.

$SHIB
Shiba Inu coin price forecast as trading volume rises to $600 million; Is it time to buy it?
Now, it seems that it is a good time to buy the Shiba Inu coin, as all of its technical indicators highlight the beginning of its price rise, with its 30-day moving average indicator (indicated in orange) rising above its 200-day counterpart (shown in blue). ) approximately one day ago, forming a golden cross pattern that can often indicate a breakout in the upward direction.
At a similar pace, the Relative Strength Index (marked in purple) is rising towards 70, after falling below 50 in the early morning.
The increase in its trading volume also enhances traders’ expectations of the possibility that the Shiba Inu currency will rise strongly in the next few days. This is also likely because whales (large investors) have increased their holdings of the currency, with one huge financial transfer worth $19.26 million occurring today.
Therefore, the current state of optimism prevailing over the future prospects of the price of SHIB coin seems logical, especially with expectations of improved performance of the crypto market as a whole, which is largely attributed to the expected Bitcoin halving on April 20.

#shib #news

$PEPE Analysis
Bollinger Bands: The current PEPE token price is between the middle and lower bands, signifying relatively weak recent performance. The middle band may act as resistance, and the lower band could be a short-term target.

RSI: The current RSI is 56.59, indicating a neutral market condition without clear overbought or oversold signals.

📉Bearish Metrics:
MACD: The current MACD line is below the signal line, and the MACD histogram is growing. This may indicate strengthening downward momentum in the market, suggesting potential further declines.

MA: The current price of the PEPE token is below the Moving Average (MA), and the MA is showing a downward trend, potentially indicating a downward market trend.
#PEPE #news #analysis #crypto

$PEPE
Exchange deposits and withdrawals of PEPE on eth in the latest 7 days
The graph below displays the deposit and withdrawal data for the Pepe token on the Ethereum chain.

Exchange deposit and withdrawal statistics can indicate traders feelings towards a specific token. A higher number of withdrawals may indicate long-term holding, while more deposits could suggest an intention to sell. It is crucial to compare this with other metrics to confirm the relationship between trend and sentiment.

In the previous week, there was a net outflow of 6,818,551,813,560.82 PEPE, valued at $54,843,822.34, from exchanges. This may indicate that investors are relatively bullish on the token, choosing to purchase and transfer it to their wallets for safekeeping. The average withdrawal price for PEPE was $0.000008, which may reflect some investors holding costs.
#pepe #news #analysis

$BTC $PEPE $WIF

Digital currencies fell sharply and collectively over the past few hours, led by Bitcoin, amid a slowdown in demand for US exchange-traded funds and a decline in bets on a more flexible Federal Reserve monetary policy.
The largest digital currency in terms of market value, Bitcoin, fell by about 4.5% in the last 24 hours, as it now records a level of $66,428, while the lowest price was recorded at $64,000. Tokens from meme currencies such as Pepe and dogwifhat also declined.

Cryptocurrencies' sharp rally this year is losing momentum as persistent price pressures in the US prompt investors to limit bets on Federal Reserve interest rate cuts, boosting yields on Treasuries and the dollar. This is a more difficult backdrop for speculative sectors of global markets such as the digital assets sector.

Richard Galvin, co-founder of DACM, said the cryptocurrency market has looked “weak” over the past 12 hours in the wake of the latest US economic data.