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According to data from DeFi Llama, the BNB Chain recorded a surge of over 66% in weekly volume, nearing $31.2 billion in the past seven days.
Also, the 24-hour trading volume on the chain is over $3.7 billion, according to the same data.
DEFI2,37%
BNB3,17%
OVER3,1%
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Aylo’s figures revealed Solana’s stronghold is on-chain activity. In the last 24 hours, apps on the network generated $8.4 million in revenue, nearly 10x more than Ethereum’s $875,613 in the same period.
This trend also extended to trading volumes, with Solana doubling Ethereum’s numbers.
SOL4,94%
SHX11,42%
ETH4,41%
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Bitcoin exchange supply has declined to a three-year minimum of about 2.5 mln BTC. Data indicates that declining exchange reserves often lead to increased market volatility. Historically, similar trends have preceded significant price movements, sparking speculation over BTC’s potential trajectory
BTC2,33%
MLN2,57%
OVER3,1%
S5,2%
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Ethereum (ETH) is currently facing a record wave of short selling, with futures contracts on the Chicago Mercantile Exchange (CME) reaching an all-time high of 11,341, as reported by ZeroHedge. This represents a 40% increase in just a week and a staggering 500% surge since November 2023.
ETH4,41%
JST-1,15%
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Dave the Wave previously predicted a downturn for Bitcoin in May 2021, following its peak of $74,000. Currently, he discusses the possibility of Bitcoin falling to approximately $81,000 in the short term, utilizing the 0.382 Fibonacci retracement level as a guiding reference. His analysis employs Fibonacci extension tools to assist investors in identifying potential buying and selling opportunities.
What Indicators Should Investors Monitor?
Key technical indicators like logarithmic growth curves and moving average convergence divergence suggest that Bitcoin may rebound to $260,000 by year-end.
BTC2,33%
S5,2%
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On February 6, the U.S. Congress’s Financial Services Committee will scrutinize the Biden administration’s banking access restrictions imposed on cryptocurrency companies. This examination will focus on the political and financial implications of the initiative dubbed “Operation Choke Point 2.0.”
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Cryptocurrency analytics company CryptoQuant has assessed the latest Bitcoin market trends, stating that the largest cryptocurrency has entered a new phase in its cycle.
Bitcoin, which has recorded an impressive 129.2% rise over the past 12 months, recently surpassed the $100,000 threshold again.
BTC2,33%
OVER3,1%
T1,78%
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Happy Lunar New Year, my dear friends
HAPPY10,34%
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Happy Lunar New Year, folks
HAPPY10,34%
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MicroStrategy Buys An Additional 11,000 Bitcoin For $1.1 Billion
On January 21, 2025, MicroStrategy, the economic intelligence company led by Michael Saylor, announced the acquisition of an additional 11,000 bitcoins for a total amount of $1.1 billion. This transaction was carried out at an average price of $101,191 per BTC. With this new acquisition, MicroStrategy now holds an impressive total of 461,000 BTC, acquired for a total amount of $29.3 billion, representing an average price of $63,610 per bitcoin.
11,000 additional bitcoins for MicroStrategy
This acquisition of 11,000 BTC marks the
BTC2,33%
S5,2%
NOT4,32%
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Shiba Inu (SHIB) Price Poised for a Major Breakout: Analysts Predict 10x Surge to $0.00023
Shiba Inu (SHIB), the popular meme coin, is making headlines again as analysts predict a significant price breakout in the coming months. After a period of consolidation, SHIB has shown signs of bullish momentum, with technical indicators suggesting a potential surge to $0.00023—a tenfold increase from its current price.
What’s Driving the Optimism?
Symmetrical Triangle Breakout: Analysts have identified a symmetrical triangle pattern on SHIB’s monthly chart, which began in August 2024. This pattern ofte
SHIB12,75%
MAJOR2,97%
X2,97%
MEME10,88%
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Polkadot (DOT) Positioned for Significant Price Surge Amid Key Breakouts
Polkadot (DOT), a blockchain platform known for its interoperability, shows potential for a major price escalation. Recent technical movements indicate that $DOT is on track for a climb that could reach $53.385. This projection suggests a potential gain exceeding 650% from current levels, presenting a compelling scenario for market observers.
Polkadot Breakouts Signal Momentum
Recent price action reveals multiple technical breakouts in $DOT’s performance, indicating strong upward momentum. These breakouts, driven by robus
DOT5,24%
MAJOR2,97%
S5,2%
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GateUser-487010e8vip:
Buying the dip 🤑
Massachusetts becomes 8th US state to propose BTC reserve laws
Some 15 U.S. states, including Massachusetts, have reportedly been working on Bitcoin reserves legislation just days before Donald Trump’s inauguration.
A bill to establish a Bitcoin treasury in Massachusetts was introduced by State Senator Peter Durant, making it the eighth U.S. state to propose such legislation amid rising crypto interest with the incoming pro-BTC president.
Sen. Durant’s Strategic Bitcoin Reserve bill signals growing state-level BTC adoption ahead of Donald Trump’s return to the White House.
Policymakers have en
BTC2,33%
JST-1,15%
TRUMP4,61%
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Shiba Inu coin price rare pattern points to a 50% jump
Shiba Inu price drops 33% from December highs but signals of a potential rebound emerge
Shiba Inu (SHIB), the second-biggest meme coin, rose to a high of $0.00002215, up 12% from its lowest swing this week. It has lagged behind other popular meme coins like Fartcoin, ai16z, and Dogwifhat.
A likely reason for SHIB’s underperformance is that Shibarium, its layer-2 network, is not doing well. While the number of transactions is nearing the 800 million milestone, total transaction fees have continued to decline. On Tuesday, the network collect
SHIB12,75%
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Lightchain AI, raises $10.6M in presale, poised to challenge XRP, ADA, and SHIB in the next bull run.
The cryptocurrency market is brimming with opportunities, and as established tokens like XRP, Cardano (ADA), and Shiba Inu (SHIB) face growing competition, Lightchain AI is emerging as a formidable challenger.
Priced at $0.00525 and with a presale that has raised over $10.6 million, Lightchain AI is positioned to become a leading force in the next crypto bull run.
XRP6,73%
ADA10,21%
SHIB12,75%
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GateUser-1262bb65vip:
lightchain buy karana hai
As we step into this New Year, may every moment be your stage, every challenge your spotlight, and every success your standing ovation - here’s to a dazzling performance ahead!
EVERY3,46%
STAGE-4,31%
S5,2%
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LeeksForManyYearsvip:
Very good and powerful reasons, why are you still blabbering, hahaha.
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Bitcoin poised to dip further as inflation looms: Steno Research
Bitcoin (BTC) holders should brace for more selloffs as rising US prices create an increasingly unfavorable macroeconomic backdrop for risky assets, Steno Research said in a Jan. 13 report.
Since mid-December, Bitcoin’s spot price has declined roughly 10%, dropping from all-time highs of around $106,000 to around $96,000 as of Jan. 14. Steno said this trend may continue, with BTC dropping to as low as $85,000 per coin.
The cryptocurrency’s selloff largely reflects “ongoing repricing driven by an unfavorable macroeconomic environ
BTC2,33%
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