LIVECrypto Wonder
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Tron developers also said they have “promised full support” for Web3 development in Hong Kong.
The analyst was always vocal about Cardano’s future prospects as a value investor, envisioning a time when the blockchain platform would boast a solid infrastructure that was secure, scalable, and decentralized.
In a recent video, crypto analyst and trader Dan Gambardello expressed his long-standing belief in Cardano’s (ADA) potential for mass adoption.
ADA’s price could experience sideways movement and choppy price action until the 2024 Bitcoin halving.
the cost of SAND could break the usual trend and trade at $4.5 by the end of 2026.
Since the maximum supply of SAND is approached by 2026, the bearish market that follows a SANDid bullish run impacts its previous price due to the entrance of more institutional investors to its platform.
According to blockchain security firm PeckShield, Jimbos Protocol — the liquidity protocol of the Arbitrum system — was hacked on the morning of May 28.
Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting in a significant loss of funds.
Technical indicators suggested that AGIX’s price would flip the next resistance level at $0.32394 soon.
Glassnode’s lead on-chain analyst Checkmate said in his comments on May 24 that the sell-side risk ratio metric suggests that “sellers are exhausted on both sides,” and that indicates big moves “are coming.” The last time the sell-side risk ratio was this low was in late 2015, which started the bull run that reached $20,000 in December 2017.
While anything is possible, the bulls are unlikely to give up the $25,000 support without putting up a fight.
Bitcoin remains pinned below $27,000, and the recent weakness of the past few days has increased calls from analysts for a fall to the low $20,000 levels.
This solid negative trend has persisted as of press time, resulting in a 5.68% drop to $0.3293.
The FTM’s market capitalization declined by 5.60% during the bear rally to $918,619,233, while the 24-hour trading volume increased by 280.76% to $252,655,464.
In the past 24 hours, Fantom (FTM) has seen a retracement, with bears dominating the market and lowering prices from a high of $0.3533 to a 30-day low of $0.321.
Bitcoin’s price reached a yearly high of $31,035 over two significant rallies. The first rally, which started on the first day of 2023, ended on February 16 after reaching $25,270. The price pulled back and formed a local low at $19,569 before resuming upwards.
One of Van der Poppe’s respondents believes the projections are limited, considering the time frame used in the analysis. The respondent, with the Twitter identity 0xfourty.eth noted that the lows on higher time frame charts are lower than what Van der Poppe indicated. According to him, there are more longs to take out, implying Bitcoin’s price could drop further down before establishing a low.
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SOLFutureRise
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Massive Liquidation Alert!
$BTC $BTC
A whopping $74,100 in long positions just got wiped out at $73,644.90!
The market just reminded everyone who’s really in charge, and it’s not for the faint-hearted.
Longs had been stacking up, betting big on the upside,
but in one swift move, those positions were liquidated as the price plunged.
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and now all eyes are on BTC to see if it rebounds or if there’s more pain on the horizon.
Hold on tight—it’s a wild ride!
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