Large SHIB trading volume decreased from 2.65 trillion to 1.84 trillion. SHIB’s net inflow to exchanges reached 321 billion tokens, the highest in a week. Shiba Inu (SHIB) It was trading at $0.00001879 at press time after rising 3% in 24 hours. Trading volume plummeted 11% during this period, showing lackluster demand for SHIB at current prices. The decline in demand may be due to a lack of whale activity. Looking at SHIB’s large trading volume over the past seven days, we can see that whale buying pressure has eased. In fact, large-scale SHIB trading volume has decreased from 2.65…
Author: Crypto Flexs
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Ethereum is psychologically poised for a bounce above $3,000, but analysts are warning of more potential downside ahead of a breakout.Ethereum price appears ready to reach $3,000.Ethereum (ETH) price may be preparing for a bounce above $3,000, according to technical chart patterns appearing on the daily chart.In an October 17 X post, the analyst wrote:“The short-term target price for the ETH inverse (head and shoulders) reversal price pattern is $3,000.”ETH/USD, 1-day chart, inverted head and shoulders pattern. Source: Mikybull The head and shoulders pattern is used by technical analysts as a signal that forms at the end of a downtrend,…
Cryptocurrency analysts are actively looking at specific altcoins to strategically position their portfolios. The rebalancing comes as Bitcoin (BTC) hovers around $68,000.. Typically, bullish sentiment in the Bitcoin market spreads to altcoins as capital rotates into smaller tokens with smaller market caps. Analysts Identify Top Altcoin Picks for Q4 Renowned cryptocurrency analyst Miles Deutscher positions his portfolio with carefully selected altcoins. Market segment. He reveals a balanced mix of AI-focused projects and long-term meme coin holdings. This occurs when analysts aim to leverage: In particular, the technical and fundamental strengths of the following digital assets. Deutscher sees Bittensor (TAO) as…
Dogwifhat, the largest Solana-based memecoin by market capitalization, is set to continue the recovery that began on September 8. WIF has risen about 112% from its September 6 low of about $1.4, pushing its price to $4. Monthly high of $2.97 on October 16th. WIF trades at $2.63, up 3% in 24 hours and up 76% over the past 30 days, according to data from Cointelegraph Markets Pro and TradingView.WIF/USD daily chart. source: TradingViewLet’s take a look at what has fueled WIF’s price momentum over the past month.WIF rises along with other memecoins. Dogwifhat (WIF)’s strong performance on October 18…
Tony Kim October 18, 2024 05:43 Gala Music presents Halloween ‘Trick or Treat’ Mystery Boxes offering $MUSIC rewards or exclusive NFTs. Each purchase supports $GALA by burning a token and costs $19.99. To celebrate the Halloween season, Gala Music has launched a unique product called the Halloween ‘Trick or Treat’ Mystery Box. According to Gala News, this limited-time event aims to add some spooky excitement to the music community. Unlock $MUSIC Rewards Priced at $19.99, the Mystery Box can be purchased using $GALA, USDC, USD-T, or credit card. Each box offers a thrilling opportunity…
Bitcoin (BTC) soared to $68,000 at the Wall Street open on October 15 as analysts urged traders to focus on past highs.BTC/USD 1-hour chart. Source: TradingViewBTC price hit its highest since July.BTC price gained fresh gains at the start of the Wall Street trading session after overnight consolidation, according to data from Cointelegraph Markets Pro and TradingView.BTC/USD, which rose more than 2% the day before the consolidation, is approaching a key psychological zone for the first time in months. This is the highest ever recorded before 2021.“The market structure and trends still seem to be decent in an upward direction,”…
October 18th Bitfinex launches CNHt/USD trading pair Post time: 10:14h From media materials Maria Lobusova Road Town, Tortola, British Virgin Islands – October 18, 2024 — Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced the listing of a new trading pair, CNHt/USD. This new pair will allow users to trade CNHt, a Tether token linked to the offshore Chinese Yuan, against the US dollar. CNHt, a stablecoin, provides a secure and decentralized method of exchanging value using CNH as a friendly unit of account. “We are excited to introduce the CNHt/USD trading pair, enhancing the options our customers…
monthly cryptocurrency activity Always high. monthly activity is not same peculiar cryptocurrency user. doubt swirl Solana’S legitimacy. The ultimate goal of the cryptocurrency industry is mass adoption, making blockchain more accessible and in demand so that it can be seamlessly integrated into everyday life. In just a few years, cryptocurrency usage has skyrocketed as blockchain and its various use cases attract more users. In 2024 alone, monthly active addresses will triple compared to the end of last year. Cryptocurrency usage surges The latest State of Cryptocurrency report from Andreessen Horowitz (a16z) highlighted the rapid increase in cryptocurrency users and monthly…
There was some interesting cryptocurrency-related news recently. In particular, Ripple (XRP) increased its value by partnering with MoonPay. Additionally, prominent analyst YourPOP has released a bullish Shiba Inu (SHIB) price prediction. He says that this altcoin could soon reach and surpass its previous ATH. Experts are also pointing to DTX Exchange (DTX), a rising Tier 4 pre-sale star that could redefine online trading. Performance has been excellent so far, with early buyers receiving a 300% return. Some analysts hint that this token could become the next $1 altcoin in 2025. MoonPay Announces Ripple (XRP) Partnership, Price Rises Ripple (XRP) is…
Yorg Healer October 18, 2024 06:19 Gala Music is launching $MUSIC Sessions, a bi-weekly interactive series starting October 23, 2024, to connect artists and fans across the web3 music ecosystem. Gala Music will be launching an innovative series called $MUSIC Sessions. This series is designed to bring the community closer together and improve the overall experience within the Gala Music ecosystem. According to Gala News, the series will debut on October 23, 2024, offering entertainment, education, and exclusive rewards. What is a $MUSIC session? $MUSIC Sessions are bi-weekly live events accessible through the Gala…