BitMEX founder Arthur Hayes says that altcoins might lastly see a lift as soon as Bitcoin (BTC) breaks a sure worth vary. In a brand new interview on Crypto Banter, Hayes, the founding father of crypto funding agency Maelstrom, says that he’s anticipating Bitcoin to proceed dominating the crypto marketplace for a while. Nevertheless, Hayes says as soon as BTC soars effectively above the $100,000 stage once more, riskier crypto belongings will most definitely begin to shine. “We accelerated a bit after the latest Fed press convention the place Powell introduced the discount of QT (quantitative tightening) and type of…
Author: CryptoAINews
Aayush Jindal, a luminary on the earth of economic markets, whose experience spans over 15 illustrious years within the realms of Foreign exchange and cryptocurrency buying and selling. Famend for his unparalleled proficiency in offering technical evaluation, Aayush is a trusted advisor and senior market knowledgeable to buyers worldwide, guiding them by means of the intricate landscapes of contemporary finance together with his eager insights and astute chart evaluation. From a younger age, Aayush exhibited a pure aptitude for deciphering advanced methods and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he launched into a journey that…
Repayments of on-chain loans utilizing stablecoins can typically function an early warning indicator of liquidity shifts and volatility spikes in Ethereum’s (ETH) value, in response to a latest Amberdata report. The report highlighted how lending behaviors inside DeFi ecosystems, significantly reimbursement frequency, can function early indicators of rising market stress.The research examined the connection between Ethereum value actions and stablecoin-based lending exercise involving USDC, USDT, and DAI. The evaluation revealed a constant relationship between heightened reimbursement exercise and elevated ETH value fluctuations.Volatility frameworkThe report used the Garman-Klass (GK) estimator. This statistical mannequin accounts for the total intraday value vary, together with…
Low social media engagement and falling on-chain exercise are pressing considerations for DOGE October’s lows could be the subsequent value targets for DOGE Dogecoin [DOGE] has fallen by 20% from Saturday’s excessive at $0.171. Within the final 24 hours, there have been $37.15 million value of liquidations throughout all exchanges for DOGE alone. Of those, $31.87 million or 85.78% had been long positions. Dogecoin noticed a 22.6% value slide in 24 hours, and Bitcoin [BTC] shed 10.68% of its worth after panic unfold throughout world markets within the wake of the commerce conflict developments. Extra losses is perhaps possible and…
Final week, digital asset funding merchandise skilled $240 million in outflows, probably triggered by latest US commerce tariff developments that would jeopardize financial development. Nonetheless, complete property beneath administration remained regular at $132.6 billion, reflecting a slight 0.8% enhance. CoinShares said that this stability is spectacular when in comparison with different asset lessons, resembling MSCI World equities, which dropped 8.5% throughout the identical interval, highlighting the power of digital property within the face of financial uncertainty. In line with the newest version of CoinShares’ Digital Asset Fund Flows Weekly Report, the majority of the outflows got here from Bitcoin as…
What Is Render Community?Consider Render Community as an open market for GPU rendering. It hyperlinks two foremost teams:PositionDescriptionCreatorsWant GPU energy for rendering or AI workNode OperatorsSupply their idle GPUs and earn RNDR tokensRender Community makes it simpler for either side to profit. It reduces prices for creators and provides node operators a solution to earn by sharing sources.How Render Community WorksThe platform runs on the RNDR token, which fuels the system.Creators pay for GPU utilization utilizing RNDR tokens.Node operators earn RNDR tokens by processing rendering duties.All transactions are recorded onchain, making certain transparency.Why Use Render Community?Centralized rendering companies include downsides:Excessive…
A broadly adopted cryptocurrency analyst and dealer is leaning bullish on an altcoin constructed within the Solana (SOL) ecosystem. The dealer, pseudonymously often called Altcoin Sherpa, tells his 243,700 followers on the social media platform X that the utility token of the decentralized bandwidth crypto venture Grass (GRASS) is wanting “extraordinarily robust” following a 25% rally in only a day that successfully reversed a rout that got here amid a crypto market-wide stoop. According to the pseudonymous analyst, GRASS is more likely to expertise a pullback earlier than resuming the rally. Based mostly on Sherpa’s chart on the four-hour timeframe,…
Motive to belief Strict editorial coverage that focuses on accuracy, relevance, and impartiality Created by trade consultants and meticulously reviewed The best requirements in reporting and publishing Strict editorial coverage that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin has seen a major drop in volume since hitting two-year highs again in November 2024. This quantity drop has been adopted by massive declines within the DOGE value, resulting in over 50% of the meme coin’s worth that…
Ethereum market dominance has reached a five-year low, dropping to below 9.4% on the time of writing. The number-two crypto faces mounting challenges in sustaining its place because the King of altcoins within the quickly evolving digital asset house.Ethereum’s decline has been gradual and painful, testing even the steeliest-nerved amongst its thriving group and reflecting a big shift in investor sentiment and market forces. Bitcoin’s rising dominance, which has surged to round 60%, has compounded Ethereum’s struggles.In February, CryptoSlate reported that Ethereum’s value against Bitcoin had additionally hit a five-year low, signifying rising capital deallocation from Ethereum, which has confronted…
Cryptocurrency analysis of Solana (SOL) shows a key moment for the asset. The $120 support level is now a critical point. Recent data shows big bull liquidations and a drop in momentum. Traders are watching closely if SOL can stay above this important price. Technical indicators from TradingView show bearish trends. They suggest SOL might fall below $100 if $120 is not held. Market volatility and recent sell-offs have made people more careful about SOL’s future. Investors are balancing risks against possible rebounds. Solana price This moment is urgent for cryptocurrency analysis. If $120 is broken, selling pressure could increase, pushing prices down. This part looks at the reasons behind the uncertainty and what it means for traders. Key Takeaways SOL’s $120 support acts as a make-or-break zone for price stability. Technical data shows a high risk of a drop below $100. Bull liquidations signal a shift in market dynamics and investor mood. Cryptocurrency analysis tools like TradingView offer key insights into current trends. Market players are getting ready for possible volatility in the days ahead. Overview of Solana’s Recent Price Movement Solana (SOL) has been moving around the $102 mark. Recent trading has shown pressure below key resistance zones. Analysts using technical analysis tools like RSI and moving averages see a bearish trend. Data from crypto platforms shows SOL’s price hit $98 last week. It then rebounded slightly. Price remains trapped between $95 and $110 for months Volume contraction signals indecisive market sentiment 50-day EMA now acting as critical resistance at $112 Level Current Price Recent Trend $120 support $102 Broken in late January $100 threshold Held Key psychological level $90 zone Close proximity Potential next support Traders using technical analysis see bearish flags and descending channels. The current consolidation phase has lasted 18 trading days. This is similar to past periods before big moves. Institutional data shows open interest declining 15% in two weeks. Market participants watch the $95-$100 area closely for sentiment. Daily volume charts from TradingView show a 34% drop in trading activity from early March. This reduced volatility makes it hard to predict the next move. Historical Significance of the $120 Support Level The $120 level is key for Solana (SOL). It has often been a turning point, influencing altcoin trends in the crypto world. Traders and analysts see it as a critical area, affecting both floor and ceiling roles. Past Price Reactions at $120 Between 2021 and 2023, SOL hit $120 four times. This led to big price swings. For example: In March 2022, a drop to $120 sparked a 35% rise in just two weeks. September 2023 saw a 48-hour fall after breaking below $120. This happened during the FTX crash. Bull Liquidations and Market Volatility When SOL gets close to $120, leveraged buyers often have to sell. Bull liquidations jumped by 22% in December 2022, according to TradingView. This increases market volatility, causing quick price changes. The level also acts as a psychological barrier. This heightens trader anxiety, leading to more price swings in altcoin trends. Understanding Solana Price Trends Analysts say that Solana support level at $120 is key to the market’s direction. Price movements near this level show a lot of uncertainty. Charts show that drops below $120 have led to bigger falls in the past, like in 2022 and early 2023. Prices below $120 might make more people sell, losing trust. Volume data shows fewer buyers near Solana support level areas. MACD and RSI signals point to weakening strength, warning of trouble. Recent data shows 45% of liquidations happened near $120, showing its big impact. Keeping this level is important because it sets the stage for bigger trends. When $120 fails, big drops often follow, as history shows. Price Level Historical Reactions 2024 Observations $120 Bounce to $140 within 3 days Slower recovery, 5-day rebound $100 Mass liquidations triggered Open interest drops 25% below $120 People watching the market keep a close eye on this Solana support level. If it fails, it could mean a move from stable to bearish. Traders look at volume and indicator trends to see if Solana can hold up. Technical Analysis: Indicators and Liquidation Events Investor sentiment is shaky as Solana’s technical indicators show mixed signals. Some signs point to resilience, but recent data from TradingView shows bearish divergences in key indicators. Analysis of TradingView Indicators Bearish divergences in momentum indicators hint at internal weakness. Here’s what the charts show: RSI (14): Below 50 for 10 days, showing long-term selling pressure. MACD Crossovers: Bearish crossovers in late July sped up the downward trend. Volume Trends: More volume on price drops points to forced selling during liquidations. Impact of Bull Liquidations on Price Movement Bull liquidations affect investor sentiment by adding to uncertainty. Here are some recent examples: Event Liquidation Volume (USD) Price Drop (24h) July 20 Liquidations $12.3M -15% July 25 Flash Crash $9.8M -12%…