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The cryptocurrency market has been fairly positive over the past week, with the decentralized finance (DeFi) sector and tokens particularly impressive over the last seven-day span. Aave price, for instance, seems to have taken off after making a somewhat tame performance in the remarkably bullish month of “Moonvember.” According to data from CoinGecko, the price of AAVE has increased by more than 26% over the past week. However, the latest on-chain data suggests that the DeFi token may face some hurdles in its bullish trajectory and suffer a slight setback in the short term. Is AAVE Price Going To Witness A Correction? In a recent post on the X platform, prominent crypto analyst Ali Martinez revealed that the investor sentiment around the Aave token has become increasingly positive following its latest price upswing. This on-chain observation is based on the Social Volume and Weighted Sentiment metrics. Related Reading: Bitcoin Daily Bollinger Bands Expand, Why BTC Price Could Rise To [...]

Bitcoin price still faces a 10% pullback risk in December, led by a convincing rising wedge pattern formation.

Jump into crypto Africa this week and discover as the Kenyan Fire Brigade Union stacks.. The post Africa Crypto Week in Review: Former Twitter Founder Attends Bitcoin Conference in Nairobi, Nigeria’s Wallet Adoption Boom, As Bybit Expands appeared first on 99Bitcoins.

The $50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained. $50 Million Hack a Stark Warning for the Defi Industry The complexity and precision of a recent attack on Radiant Capital, a decentralized cross-chain lending protocol built on Layerzero has exposed another layer of vulnerability, even in […]

There are still two weeks left for the year to end. This means you have two more weeks to grow your money and all that you have to do is select the right crypto to invest in. So if you want to enter 2025 with a bang, we have picked the top 5 best cryptos to invest in at the moment. All of the tokens listed below are currently in their presale so you’ll definitely get a great deal. As per expert predictions, all 5 of them are expected to do great in 2025. Let’s take a closer look at some of the best meme coins to see which one might be the best fit for you. 1. Wall Street Pepe Wall Street Pepe is still in its presale phase and has already managed to raise over $4 million. Its drastic growth has led some experts to believe that it has the potential to offer a x100 return. The platform is also offering staking rewards, encouraging investors to hold onto their tokens for 145% APY. This has driven countless investors to the project, further fuelling its value. Anyone interested in the [...]

While Bitcoin (BTC) fluctuates around the critical $100,000 price level, some investors may seek the ideal opportunity to take profits and exit the market. In this context, a CryptoQuant analysis highlights a key BTC metric that can serve as a valuable tool for crafting an exit strategy. Have Profits In Bitcoin? Keep An Eye On This Indicator In a Quicktake blog post published today, CryptoQuant contributor Onchain Edge shared insights into timing the sale of BTC during the current bull market. The analyst emphasized the importance of the Bitcoin supply in loss metric, noting its potential to signal when to start exiting the market to preserve profits. Related Reading: Bitcoin May Face ‘Demand Shocks’ In 2025 Due To Growing Institutional Interest: Report For those unfamiliar with Bitcoin, the supply in loss measures the percentage of BTC held at a loss based on its last moved price. A low percentage of supply in loss typically indicates peak market euphoria and serves as a warning to [...]

Data shows that the indicators related to the Bitcoin derivatives market have recently been heating up, which could lead to more volatility in BTC’s price. Bitcoin Open Interest & Leverage Ratio Have Shot Up As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Open Interest has registered a sharp increase alongside the asset’s return above the $100,000 level. The “Open Interest” here refers to a metric that keeps track of the total amount of derivatives positions related to BTC that are currently open on all centralized exchanges. Related Reading: Bitcoin Returns Above $100,000 As Monthly Inflows Hit $80 Billion Below is the chart shared by the analyst that shows the trend in the percentage change of the Bitcoin Open Interest over the past month: As displayed in the graph, the Bitcoin Open Interest has witnessed a sharp positive change recently, which implies a large number of positions have popped up on the market. In the chart, Maartunn has [...]

According to Tony Severino, a crypto analyst on X (formerly Twitter), the Bitcoin price could surge significantly to $120,000 by next week. The analyst has grounded his bullish projection on Bitcoin’s daily Bollinger Bands (BB), highlighting that these indicators are expanding while BTC displays a similar price action observed in 2023. BTC Price Targets $120,000 ATH On December 12, Severino shared a chart demonstrating a technical analysis of Bitcoin using the Bollinger Bands and a historical correlation of late 2023 price behavior. The analyst predicted that if history repeats itself, the Bitcoin price could reach a $120,000 all-time high by next week.  Related Reading: Shiba Inu Price Rebounds Toward $0.00003, Taking 69% Of All Holders Back Into The Green Severino disclosed that Bitcoin’s daily Bollinger Bands are expanding, while its current price action reflects a similar bullish trend observed in 2023. Looking at the analyst’s 2024 price chart, Bitcoin’s upper and lower Bollinger [...]

Nasdaq has announced that Michael Saylor's MicroStrategy will be added to the Nasdaq 100 index.

Within a few hours following a tweet by Changpeng Zhao, the CEO of Binance, the Travala token, AVA, has risen by 300%. For the crypto travel agency, which lately revealed having reached $100 million in annual revenue, this increase marks a turning point. From $0.80 to $30.1, the price of AVA has exploded, courtesy of growing interest in the use of digital currency in the travel industry. Related Reading: Expert Eyes $35 XRP Price, Says Holders To Become ‘Filthy Rich’ Binance Early Investment Binance had already invested in Travala before the pandemic, as disclosed in Zhao’s tweet on December 12. Both investor confidence and Travala’s position as a frontrunner in the space of crypto bookings were bolstered by this statement. At the time of writing, AVA was trading at approximately $2.51, showcasing its remarkable recovery since hitting an all-time low earlier this year. Travala Strategic Initiatives Travala has come up with a new way to handle bank reserves, which includes both AVA and [...]

An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax […]

Meme coins are taking a hit across the board. It’s not looking good for fan favorites like Pepe and DogWifHat, which have dropped significantly in the past 24 hours. But not all meme coins are in the red today. Newcomer Wall Street Pepe is bucking the trend – with its presale soaring past the $13 […]