Analysis

Popular dog-themed meme coin Shiba Inu has taken a hit as its small wallet holdings have witnessed a significant decline in the midst of general market uncertainty, which has triggered heightened fear among cryptocurrency investors.

In 2024, the United States Securities and Exchange Commission (SEC) dramatically increased its enforcement actions against cryptocurrency firms and executives, totaling nearly $4.7 billion.

RCO Finance (RCOF) is positioning itself as a potential Uniswap (UNI) killer, with analysts predicting that it could soon surpass UNI’s impressive 20% rally.  As interest in decentralized finance (DeFi) […] The post Uniswap (UNI) Killer RCO Finance (RCOF) Will Outshine UNI’s 20% Rally Soon, Analyst Forecast appeared first on Live Bitcoin News.

POL is still struggling. After the highly anticipated migration, the token edged lower, finding support at $0.35. Sows have the upper hand until there is a comprehensive close above the descending channel and $0.60.

Ethereum Whales Now Hold Around 43% Of The Entire Supply I

Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months.

Bitcoin’s price fell on Wednesday, tracking a wider decline in risk-driven assets as a heated presidential debate presented the prospect of a hotly contested 2024 presidential election.

As the general cryptocurrency market is witnessing a rebound, assets like Dogecoin, the leading meme coin are attracting strong optimism from the industry as bullish predictions toward the coin’s potential in the short term are on the rise.

After forming a base above the $470 level, BNB price started a fresh increase like Ethereum and Bitcoin. The price was able to climb above the $488 and $500 resistance levels.

Recent market analysis has revealed a significant shift in Bitcoin capital flow from short-term holders (STH) to long-term holders (LTH).

President Vladimir Putin has declared Russia a leading country in bitcoin mining, attributing this success to the nation’s surplus energy resources, particularly in Siberia. Speaking at the Eastern Economic Forum (EEF),

Following heavy losses from major cryptocurrencies, BNB has shown some impressive resistance to the price drop, supported by strong demand.

Data shows Chainlink has been seeing many social media discussions recently, which may be bullish for its price

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price.

Bitcoin’s price rose on Tuesday, extending a rebound in recent sessions as steep losses from last week saw bargain buyers step into cryptocurrency markets. 

The Central Bank of Brazil has announced 13 new use cases for the second phase of its Drex central bank digital currency (CBDC) pilot. These were chosen out of 46 […] The post Brazil’s Central Bank Expands Drex CBDC Pilot with 13 New Use Cases appeared first on Live Bitcoin News.

Solana price formed a support base above the $120 level and started a recovery wave like Bitcoin and Ethereum. SOL traded above the $125 and $128 resistance levels. The price even climbed above $132 and tested the key barrier at $138.

In a post shared on Elon Musk’s social media platform, X, Bianco suggested that Bitcoin ETFs would need more time to mature before they could serve as a major “instrument of adoption” rather than just a “small tourist tool.”

This week, Bitcoin experienced a dip in value, falling below $55,000. However, behind the scenes, there was a noteworthy development.

Technically, the downtrend remains, especially if bulls can’t unwind the losses of September 7.