Ethereum has bounced above $2,570, forming a bullish flag pattern with a 33% upside potential. Derivatives data suggest a breakout toward $3,577. As Bitcoin reclaims $109,000, Ethereum starts the weekend on a positive note, trading at $2,570. With a bounce off the 200-day EMA, Ethereum hints at a potential double-flat breakout that could result in … Read more
Key Notes SUI will unlock over 44 million tokens worth $158 million between May 26 and June 1. The total value of this week’s scheduled token unlocks surpasses $549 million. SUI saw a 40% spike in its 24-hour volume, signaling heightened trader interest. While the cryptocurrency traders are still waiting for a notable altcoin rally, … Read more
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has opined that getting rich with Bitcoin is unbelievably easy. In fact, Kiyosaki has predicted that even 0.1 Bitcoins (roughly $11,000) is going to be “priceless” two years from now. He is convinced that this is actually the easiest time in history to “become rich and … Read more
Bitcoin (BTC) bounces back to eye fresh all-time highs as a testing macro week unfolds for risk-asset traders. BTC price action dipped below $107,000 before rebounding into the weekly close, and some are eagerly anticipating new record highs. US inflation data meets bond market woes this week as the Federal Reserve shows no signs of … Read more
Bitcoin’s ongoing price surge to $110,000 signals shifting user behaviors, as on-chain activities drop amidst rising centralization. The stark contrast between Bitcoin’s high price and its diminishing on-chain activity indicates a pivotal transformation in user engagement. According to data from COINOTAG, while Bitcoin reaches record prices, its transaction volumes highlight a growing trend toward centralized … Read more
Meta’s stock fell 1.49% to $627.06 following broader market turbulence sparked by U.S. President Donald Trump’s unexpected proposal of a 50% tariff on the European Union. While markets remain skeptical about the tariff actually being implemented on June 1, the uncertainty was enough to send the S&P 500 into its fourth consecutive daily loss. The … Read more
Digital assets worth $3.3 billion are set to enter circulation in June as vesting periods for several major projects expire. According to crypto vesting tracker Tokenomist, $3.3 billion in tokens will be released in June, a 32% decline in unlocked tokens month-on-month. In May, such tokens totaled $4.9 billion. Crypto projects allocate tokens for various … Read more
Solana, a top-10 cryptocurrency project, has announced a change to its consensus protocol to turbocharge the network’s performance. Alpenglow, the new implementation, reduces latency to near Web2 levels, making Solana capable of competing with Web2 providers. Solana Aims to Compete With Web2 Providers With New Alpenglow Consensus Protocol Solana, one of the largest, most used … Read more
COINOTAG reported on May 26th that recent transactions involving Ethereum (ETH) have drawn significant attention. According to LookIntoChain monitoring data, prominent investors, often referred to as Smart Money, who initially entered a long position on ETH just three days ago, realized impressive gains of $1.1 million. In a notable move, they have reaffirmed their confidence … Read more
A single victim has been scammed two times within three hours, losing a total of $2.5 million in stablecoins. According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT) followed by another 2.6 million USDt around three hours later. Cyvers said the scam used a … Read more