AVAX, MATIC, Uniswap witness explosive on-chain activity, on track for massive price rally
Messari Crypto's Analysts reveal that active Avalanche addresses hit a new all-time high in Q4 2021. The DeFi boom that started in the last quarter of 2021 fueled a spike in on-chain activity in AVAX, MATIC and Uniswap. Liquidity providers on Uniswap earned 54% more fees than in Q3 2021, indicating network growth and rising utility.
Cardano Price Prediction: ADA readies for another run to $1.30
Cardano price experienced a nice jump higher on Monday, closing the session with a 5.5% gain. Concerns about crossing and staying above the Kijun-Sen continued until almost, literally, the last minute of the daily candlestick. Bulls have one more nearby resistance level before ADA would likely move towards $1.30 – the primary resistance level on its chart.
Musk family is bullish on Algorand, invests in decentralized music platform Dequency
Algorand based Dequency raised funds from investors, including Elon Musk's siblings Tosca and Kimbal. Dequency, a decentralized music platform, has raised $4.5 million in its latest investment round. Algorand Dapp Dequency raised some cash from several investors, including two of Elon Musk's siblings.
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Bitcoin edges below $84,000 as US Crypto Strategic Reserve hype fades
Bitcoin price extends its decline on Tuesday and erases its weekend gains. US President Trump’s announcement of the Crypto Strategic Reserve was turned into a short-term “buy the rumor, sell the news” event.
Cryptomarket falls as US Crypto Strategic Reserve hype fizzles into classic ‘buy the rumor, sell the news’
Bitcoin, Ethereum, Solana, Ripple and Cardano continue their declines for the second consecutive day after their recent upsurge on Sunday.
Pepe Price Forecast: PEPE bears target double-digit drop amid market weakness
Pepe price is extending its decline on Tuesday after falling more than 18% the previous day. On-chain data shows that PEPE’s daily active addresses and trading volume are falling, indicating a bearish picture.
Solana memecoins in red: Popcat and Dogwifhat shed $140M as TRUMP’s token tumbles 80% from all-time high
Solana memecoin sector valuation declined by $2 billion in 24 hours to hit $8.1 billion in early Asian trading on Tuesday. Technical indicators highlight key levels to watch as Popcat, Dogwifhat and Trump (TRUMP) emerge as the top losers.
Bitcoin: BTC bloodbath continues, near 30% down from its ATH
Bitcoin (BTC) price extends its decline and trades below $80,000 at the time of writing on Friday, falling over 15% so far this week. This price correction wiped $660 billion of market capitalization from the overall crypto market and saw $3.68 billion in total liquidations this week.
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