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Grayscale, one of the most recognized investment companies in the digital currency world, has broadened its “Grayscale Smart Contract Fund” to now encompass a varied ensemble of well-known cryptocurrencies. This move reflects not only a deepening interest in smart contract platforms but also—ahem—a growing respect for their long-term potential. Grayscale’s freshly tweaked fund saw big … Read more
The last few weeks have seen a stormy cryptocurrency market, with high emotions generated during what some may consider Bitcoin’s most challenging week since the crash on August 5, 2024. We are still reeling from that downturn, and many of us in the crypto space are trying to sort it all out. And while we … Read more
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Ending January on a weak note, Sol posted more losses in the following month and dipped to its lowest level after five months of trading. It has recovered well from the dip, but the bears are not giving up yet. From a low of $125.5 last month, Sol entered this month on a recovery note … Read more
Crypto bearish sentiments are getting stronger weekly due to notable volume outflows, although there’s still hope for the bulls if the trend reverses above $0.4. Hbar finds a temporal support. Hbar’s trend is still under the bears’ radar on the daily chart as it keeps seeing a back-to-back drop in the past few weeks. There’s … Read more
Looking back, Avax has shed a major loss in the past two months as it entered a crucial support zone daily. It has paused selling, but a surge from this zone should determine the next direction of the market. The recent price recovery came as a relief for many bull traders as they hope for … Read more
Among the blockchain networks, one in the crypto ecosystem is experiencing a significant rise in activity during these turbulent market conditions: TRON ($TRX). The network has seen a truly remarkable uptick in—of all things—active addresses, chalking up a not-too-shabby 57% increase over the past month. That uptick in activity and the more-than-noticeable increase in transaction … Read more
Turmoil has engulfed the Solana blockchain ($SOL) over the past week, in a series of market events and security breaches that have taken a toll on the network’s performance. From $SOL’s price slipping under $130 to fears surrounding FTX unlocks and a record-breaking hack at Bybit, the crypto market has taken another hit. And if … Read more
The USDT supply on the TRON blockchain has seen substantial development and rise to reach a new height lately. The achievement has been so wonderful and warming that it has graced the waves of digital currencies by hitting the all-time high figure in history with the supply now reaching close to 4 billion dollars. The … Read more
In recent years, Chainlink’s $LINK token has seen some standout accumulation and distribution phases, particularly with its key holders. We can observe these phases by paying attention to who’s holding and who’s not in order to gauge the sentiment of traders and investors in the broader crypto market. While we’ve been in a bear market, … Read more