Chainlink may be on the verge of a rally. Large investors holding 1 million to 10 million LINK have purchased 3.58 million tokens in three days. These acquisitions, worth $76.9 million, suggest growing confidence in LINK’s future growth. In contrast, retail investors have taken a different approach. Smaller holders sold 5.67 million LINK over the […]
The Bitcoin mining sector now sources 56.76% of its energy from renewable or clean energy solutions, as reported by Woocharts. This represents a consistent rise in eco-friendly energy use since April 2021, reflecting the industry’s efforts to minimize environmental harm. Woocharts’ figures, aligned with the sustainability standards set by the Cambridge Center for Alternative Finance, […]
Market Analysis – January 1 The FTSE 100 index has expanded its consolidation range, showing bullish reversals at the lower demand level of 8022.0. This movement signals the potential for a stronger trend in the lower timeframes. Recently, the market experienced a bullish surge from the 8022.0 level, suggesting a structural shift to the upside […]
The Solana ecosystem is thriving, with decentralized applications (dapps) achieving unprecedented success. In November, dapps built on Solana recorded a milestone, generating a record-breaking $365 million in revenue, according to Syndica research. This figure significantly outpaced Solana’s network revenue, which stood at $92 million. Key Highlights: Top Performers: Over 30 protocols exceeded $1 million in […]
Following an interest rate drop on Wednesday, Federal Reserve Chair Jerome Powell forcefully reaffirmed the central bank’s stance on Bitcoin at a press conference. Powell clarified that legal constraints preclude the U.S. government from establishing a Bitcoin reserve when questioned about the prospect of doing so. He clarified:“We are not permitted to possess Bitcoin. We […]
Market Analysis – January 1 AUDJPY experienced a bullish surge at the test of the bullish order block of 95.5780. However, the bulls’ recovery has hit a stumbling block, as the price has found difficulty pushing through the very next resistance level of 98.3340. AUDJPY Key Levels Demand Levels: 95.5780, 93.8740, 92.0845 Supply Levels: 98.3340, […]
The STORJ/USDT market has fallen under bearish influences that may cause further price declines in the market. This stands true despite the token seeing a price increase of 3.78%. While the market still retains the recorded gains, it does seem possible that price action may descend lower going by indications from this market. Storj Statistics: […]
There is a positive spark in sponge market SPONGEUSDT Price Analysis – 01 January If the Bulls remain ardent, SPONGE may be able to break over the $0.000196 resistance level and launch an attack toward the $0.000330 and $0.000402 levels. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000136, $0.000081, $0.000006 SPONGEUSDT […]
Sellers are ruling silver’s world SILVER Price Analysis – 01 January If the price is more than $29 and a lot of people are purchasing it, it will attempt to move up into the $30–$31 range. The price of silver may drop and test the $27 and $26 support levels if sellers are able to […]
