Moondeng has surged over 200% in recent days, bouncing cleanly off a critical support zone. Now, with momentum building and a massive resistance level in sight, traders are watching closely for what comes next. Moondeng’s (MOODENG) explosive rise began after it found solid footing at $0.03, aligning with key technical indicators. As momentum increases, the…
Pi Network price surged in a high-volume environment on Friday, mirroring the broader crypto market rally driven by Bitcoin and major altcoins. Pi Coin (PI) token surged to an intraday high of $0.78 on Friday, its highest point since April 12, and 41% above its lowest level this month. The 24-hour volume soared by 170%…
Nearly $3 billion in Bitcoin and Ethereum options contracts are set to expire on Friday, potentially triggering short-term volatility and influencing market sentiment. Traders should prepare for possible price swings and increased market activity. Approximately $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are expiring before the start of the weekend. This…
Abraxas Capital has withdrawn 138,511 ETH, worth $297 million, from centralized exchanges over the past two days. According to data from Lookonchain, the London-based asset management firm’s activity coincides with a sharp surge in Ethereum’s (ETH) price, which jumped over 20% in the past 24 hours to reach $2,371 before settling near $2,295. The size…
Bitcoin price rallied this week, hitting the important resistance level at $104,000 for the first time since February. Bitcoin (BTC) rebounded by nearly 40% from its April low, sparking a broader altcoin rally. Bitcoin’s market cap has surged past $2 trillion, while the total crypto market cap has climbed to $3.25 trillion. Several factors are…
Taiwanese legislator Ko Ju-Chun has urged the government to consider including Bitcoin in its national reserves, alongside gold and foreign currencies. Speaking at a national finance conference on May 9, Ko suggested allocating a small portion of the country’s reserve assets to Bitcoin (BTC) as a hedge against rising global economic uncertainty and regional geopolitical…
Vector Smart Chain appoints a former CitiGroup executive and introduces a fixed gas fee model. Gas fees have long been a source of uncertainty in crypto. On Friday, May 9, Vector Smart Chain introduced a fixed gas fee model aimed at balancing security, stability, and scalability on the network. All gas fees on Vector Smart…
CryptoQuant CEO Ki Young Ju says he was wrong about the Bitcoin bull cycle being “over” after BTC recently surpassed the $100k mark. He believes that the market is currently in a transitional phase. In a recent post, CryptoQuant founder and CEO Ki Young Ju apologized to his followers for making an incorrect prediction regarding…
A wave of bullish breakouts is sweeping across the memecoin market, with BONK, FLOKI, PEPE, and BRETT all extending their breakout rallies, having recently shattered key resistance levels. Bonk (BONK) has recently broken out of a steep downtrend that had been in place since November last year, marked by a descending trendline on the daily…
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