Ethereum Recent Bearish Breakdown Signals Growing Advantage For Sellers

While the Ethereum price saw a brief bounce towards the end of Wednesday, the structure remains significantly weak underneath the surface. During this highly negative period, the leading altcoin has made a crucial move by confirming a bearish breakdown, which could impact its near-term outlook. Sellers Now Dominating The Ethereum Market Ethereum, the second-largest digital […]

Bitcoin Dominance Begins Decline — Altseason Commences?

Bitcoin has recently touched the $81,000 zone in the last few hours, as bullish sentiment continues to grow stronger. Data from CoinMarketCap shows a 12% monthly gain, suggesting significant capital inflows into the leading cryptocurrency since early April. However, on-chain data paints a parallel picture of a brewing shift in market dominance. Related Reading: Bitcoin’s […]

XRP Reserves On Binance Are Crashing Rapidly, But Is This A Good Thing For Price?

XRP’s price action is somewhat muted, but Binance reserve data is showing a different kind of pressure building under the price movement. The exchange’s XRP balance has fallen from about 3.05 billion tokens to roughly 2.75 billion in less than a year, placing reserves near multi-year lows. The decline in XRP exchange balance is coming […]

Ethereum Now Moves More Value Than Bitcoin Across the Network – Pundit Shares

Bitcoin may be the largest cryptocurrency asset in the space, but Ethereum, on the other hand, continues to control a large share of the market. In recent market activity, the Ethereum network is starting to surpass the Bitcoin network in terms of capital value movement on-chain. Capital Flowing Through Ethereum Than Bitcoin As the crypto […]

User Activity On Binance Rising — What It Means For The Crypto Market

Pseudonymous crypto analyst Crazzyblockk has pointed to a developing structural shift in the crypto market, while also noting a divergence on the Binance exchange. Related Reading: Bitcoin Bull Phase Pattern Shows When BTC Price Will Bottom At $41,400 Active Addresses Trends Reveal Changes In User Activity In a Quicktake post on CryptoQuant, Crazzyblockk highlights readings obtained […]