Fundamentals

In the rapidly evolving world of cryptocurrency, Mpeppe (MPEPE) stands out as a project with both innovative technology and strong fundamentals. As the first AI-powered gambling coin, Mpeppe is making waves in the online gaming industry by offering a transparent, fair, and revolutionary gaming experience. Investors are paying close attention to the coin’s unique proposition, and it’s clear why experts remain bullish on Mpeppe’s long-term potential. In this article, we will also touch upon BlockDAG (BDAG), a separate and significant…

A Solana (SOL) whale has been offloading a significant amount of its holdings for a while, a move that could significantly impact Solana’s price and the projected move to $1,000. Solana’s fundamentals remain strong amid these sell-offs, suggesting that SOL could still enjoy a significant rally.  Solana Whale Has Sold $86 Million Worth Of SOL This Year The on-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post a Solana whale that has sold 594,000 SOL ($86 million) this…

The number of Litecoin addresses grew significantly, indicating increased user engagement. HODLers are accumulating Litecoin, suggesting long-term investor confidence. Strongly positive fundamentals were reflected in the blockchain activity of Litecoin between June 1 and June 16. Significant fluctuations in the number of addresses on the Litecoin network during this time offered insightful information about user involvement and market sentiment. Litecoin Address Growth Analysis  Trends seen between June 1 and June 16 show a significant rise in the overall number of…

Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead. Bitcoin Bulls In Charge: Analyst Targets $85,000 Taking to X, one analyst believes the world’s most valuable coin is preparing for a decisive breakout above the local resistance levels and all-time highs at around $74,000. In a post, the analyst notes…

The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about how much more market cap Bitcoin can sustain. BTC is a cryptocurrency that runs on the proof-of-work (PoW) consensus mechanism, meaning that validators called miners…

Ethereum has put on a disappointing performance for its investors over the last few weeks, leading to concerns on whether the second-largest cryptocurrency by market cap has lost its shine. The cryptocurrency continues to skirt around the $3,100 level, not making any significant breaks upward. This points to weak fundamentals that could trigger a price decline. Ethereum Fails To Make Meaningful Moves Markus Thielen, Head of Research at 10x Research, has pointed out some worrying developments with the Ethereum price.…

Solana (SOL) has recently become a focal point of discussion among investors and analysts. After surging from below $22 to a high of $210 within six months, and currently trading at around $174—a nearly 700% increase—questions arise about the sustainability of its price rally. Despite the impressive surge, SOL remains 50% shy of its November 2021 all-time high of $260. The recent consolidation pattern over the past four weeks suggests a cooling off period. As the market looks forward, understanding…

TL;DR Bitcoin has seen a significant price dip, dropping to almost $65,100. Despite the recent downturn, there are underlying factors poised to drive a positive turnaround in the asset’s market performance. Abandoning Exchanges The price of the primary cryptocurrency has experienced a significant correction in the past several hours, dropping to as low as $65,100. Despite being down 7% on a weekly scale (per CoinGecko’s data), some essential factors hint the trend may not last long. One such element worth…

Mainly, a trader buys and sells goods intending to make profits. That is, buy for less but sell for more. What and how don't matter, but when you choose to buy and sell goods will determine whether you are trading or merely investing in that product or service. Let's dig into the details. First, to fully understand the basics of trading, you should know the difference between investing and trading. Financial experts define trading as buying commodities, shares, and sometimes…