What to expect from Cardano’s Chang hard fork?
Cardano (ADA) could move into the final phase of its program to become a blockchain ecosystem governed by the community. Until now ADA blockchain has been governed by the software developer firm Input Output Global (IOG).
Dusk price looks poised for correction as on-chain metrics turn bearish
Dusk (DUSK) encountered resistance at the daily bearish order block area, extending from $0.503 to $0.515 on Monday, potentially indicating a price correction. On-chain analysis hints at the formation of the local peak for DUSK as Development Activity declines while Social Dominance rises, suggesting a period of consolidation or potential reversal.
Dogecoin, Shiba Inu on-chain metrics support price decline as meme tokens bleed
Dogecoin (DOGE) and Shiba Inu (SHIB) on-chain metrics signal a loss of relevance among market participants, suggesting that both meme coins could extend recent losses. Active addresses and volume have declined in June, signaling lower levels of activity among traders.
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VanEck sees Bitcoin reaching $61 trillion market cap, Marathon buys $100 million BTC
Bitcoin declined by 1% on Thursday following asset manager VanEck's forecast that the top digital asset will reach a $61 trillion market capitalization by 2050.
Ethereum Classic price sets for a rally following retest of key support
ETC edges higher by 2.3% and trades around $22.60 at the time of writing on Friday after testing a key support area the day before. On-chain data showing increased account growth suggests a bullish move ahead. Ethereum Classic price faced rejection by the daily resistance level of $25.13 earlier this week.
Celebrity meme coins lose their shine
Celebrity meme coins report by Jupiter Slorg on Thursday shows that these tokens have been in deep waters since early July after experiencing heavy growth in June. In a recent analysis, Jupiter Slorg revealed that celebrity meme coins are down by an average of 94% from their all-time highs.
Ripple gains 5%, Mark Cuban says Kamala Harris’ nomination could affect SEC lawsuit
Ripple (XRP) made a comeback above key psychological resistance early on Wednesday. Crypto traders are optimistic after the Ethereum Exchange Traded Fund (ETF) launch. Entrepreneur and investor Mark Cuban recently shared his comments on how Kamala Harris’ nomination to the Presidential elections could influence crypto regulation.
Bitcoin: Will BTC manage to recover from recent market turmoil?
Bitcoin recovers to $67,000 on Friday after finding support around $63,500 a day before. Still, BTC losses over 1.50% on the week as Mt. Gox persists in transferring Bitcoin to exchanges.