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Following an uptrend that lasted only a few days, investors are beginning to exit their positions in Solana (SOL) and Dogecoin (DOGE) as both coins reverse due to rising negative volatility. Instead, they have turned to a new AI coin in the crypto market, which is set to achieve a 1,550% growth in the near future. Here, we explain how the new AI coin is bullish while SOL and DOGE struggle with emerging bearish sentiments! Solana Declines Despite Long-term Optimism…

Iran’s attack on the Israeli military bases has escalated tensions between Iran and Israel, adding fuel to the fire of an impending third World War. These tensions have had a massive impact on the crypto landscape, causing a crash in the meme coin rally. The market sentiment has changed from optimism surrounding PEPE and BONK to pessimism taking the lead. On-chain data shows a massive decrease in the market shares of these meme coins, while the emerging DeFi star- DTX…

On October 4, US spot Bitcoin exchange-traded funds (ETFs) recorded their first inflow of the month, rebounding from outflows totaling $400 million in the initial three trading days. This uptick coincides with the release of a significant upgrade to Bitcoin Core, the open-source software that underpins the leading cryptocurrency. Bitcoin ETF Sees First Inflow in October According to SoSoValue data, Bitwise’s Bitcoin ETF (BITB) led the inflows with a positive net flow of $15.3 million, followed by Fidelity’s FBTC with…

The price of Bitcoin has not had the most straightforward performance in 2024 despite a strong start to the year. The flagship cryptocurrency has spent most of the last two quarters in consolidation, fluctuating within the $50,000 and $70,000 range. This uninspiring performance has sparked conversations about the current cycle, with several analysts and experts predicting whether the bull run is still on. Amongst the latest to comment is the CryptoQuant CEO, who offered an interesting on-chain insight into the…

Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales Have Taken Lesser Profits In This Market Cycle Than Past Ones Ki Young Ju mentioned in an X post that if the Bitcoin bull cycle…

On-chain data shows the Dogecoin whales have gone on a significant buying spree in the past day, a sign that could be bullish for DOGE’s price. Dogecoin Whales Have Purchased Big Over The Last 24 Hours As pointed out by analyst Ali Martinez in a new post on X, the DOGE whales have been participating in net buying recently. The on-chain indicator of relevance here is the “Supply Distribution” from the analytics firm Santiment, which tells us about the total…

SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve’s recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about whether this upward momentum can be sustained.  As SUI hovers near its current highs, market speculation is increasing around the possibility of a correction to lower demand levels, with $1.40 being the key target. Key data from Coinglass reveals a…

In a move that’s sending shockwaves through the altcoin community, a PEPE millionaire has shifted course, abandoning meme tokens like BONK and WIF to embrace a strategic play involving a promising Solana competitor. While the PEPE hype skyrocketed portfolios in a frenzy, the allure of Solana’s vast ecosystem seemed to captivate this whale until now. With Solana's dominance still a stronghold in the crypto world, the shift toward RCO Finance (RCOF), a lesser-known but rapidly ascending altcoin, signals a search…

A legendary crypto investor who made $50 million in the last bull cycle has revealed his top pick for 2024 and ignited a frenzy on the coin. While Bitcoin (BTC) and Ethereum (ETH) are strong market players, this crypto investor sets his eye on a new ETF token, ETFSwap (ETFS). The platform has raised millions on presale, where early investors can get in for cheap and ride the wave to massive gains. Read on to see the value offer that…