Speculation

The winds of change are swirling around Ethereum, the world’s second-largest cryptocurrency. Despite a recent price dip, the network has witnessed a surge in new user activity, sparking a wave of optimism. However, the outsized influence of large holders, known as whales, continues to cast a long shadow. New Wallets Open For Business Data from blockchain analytics firm Santiment reveals a surge in new Ethereum wallets, with a record-breaking 267,000 created on April 28th and 29th. This influx marks the…

Shiba Inu (SHIB) is capturing significant attention following a colossal transfer of tokens and a prediction of a bullish breakout. This event has piqued the curiosity of both traders and analysts alike, sparking debates and expectations about the future trajectory of this popular meme coin. Large SHIB Token Transfer Sparks Speculation Recently, the crypto community witnessed an extraordinary transaction involving the movement of nearly two trillion SHIB tokens from the trading platform Robinhood to an undisclosed wallet. This transfer, identified…

The question looming over investors is whether MATIC has the potential to achieve a price milestone of $1 by the end of April.  According to Bixley’s analysis, potential price targets post-breakout include $1.2, $5.4, and an ambitious $55. Polygon’s token, MATIC, experienced a significant downturn, dropping by 55% before showing signs of recovery on April 13. The subsequent price increase of 28% encountered resistance at $0.76, a level that previously served as support. Investors are now questioning whether the April…

DeFi, according to experts, is the way of the future. With the much-anticipated bitcoin halving quickly approaching, investing in decentralized ventures today could yield a sizable ROI in the future. For this reason, even in the early stages of Kelexo (KLXO ) presales, seasoned traders, more specifically, traders from the Binance Coin (BNB) and Solana (SOL) communities, have been monitoring the platform. Solana (SOL) Price Movement, Market Behaviour and Correlation to Kelexo (KLXO) The price of Solana (SOL) has fluctuated…

The Ripple IPO, speculated to reach a valuation of $600 per share, holds promise for propelling XRP to new heights. Linda Jones projected Ripple’s shares to soar to $600 post-IPO, translating to a 1,242% increase in valuation, potentially influencing XRP’s price upwards of $6.0. As the Ripple vs SEC case reportedly turns toward its conclusion, everyone is now paying attention to the Ripple IPO likely to arrive by the end of this year. If Ripple were to undergo an IPO…

Amid Bitcoin’s positivity, several analysts and traders have been dropping positive trends, which keeps investors optimistic. Recently, renowned economist Timothy Peterson predicted that Bitcoin’s value could skyrocket to $5 million in about 23 years, with an average yearly growth rate of 22%. As this raises the anticipation around Bitcon (BTC) price, other coins are showing significant price movement. For instance, the Dogecoin (DOGE) token is experiencing decline after recently hitting peak prices. Meanwhile, KangaMoon (KANG) is already garnering close to…

Bitcoin (BTC) temporarily dipped below $60,000 for the first time in more than a month sparking concern among investors ahead of the halving. With an anticipated supply shock, bulls are expecting BTC to stage a massive rebound that ends with the cryptocurrency reaching $80,000. With just two days to go to the fourth Bitcoin halving, BTC has suffered a massive temporary setback. For the first time in more than a month, BTC has dipped below $60,000 a crucial support, ahead…

Toncoin (TON) has bagged an ATH as it displaced Cardano to become the 9th biggest coin. The project has a close correlation with Telegram despite their independent operations. Toncoin (TON), the native cryptocurrency of The Open Network has seen its price break through a record high following rumors that Telegram could soon go public. The Resilient Toncoin Journey According to a prior report by Crypto News Flash, Toncoin flipped Cardano’s ADA to become the ninth-largest cryptocurrency by market capitalization. The…

Solana’s price faces uncertainty due to recent network issues and negative sentiment, but some analysts believe it could surprise with a price surge. The price movement of Solana is consolidating, and a symmetric triangle pattern suggests there may be a breakout or crash. Solana (SOL), one of the prominent altcoins in the cryptocurrency market, is experiencing turbulent times. As per Santiment’s network sentiment indicator, recent market sentiment reflects prevailing negativity towards Solana, exacerbated by a network outage on Feb. 6.…