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  • Rebel Satoshi ($RBLZ) Shakes Up the Market, Becoming a Top Pick for Crypto Traders Alongside Manta Network (MANTA)

    Rebel Satoshi ($RBLZ) Shakes Up the Market, Becoming a Top Pick for Crypto Traders Alongside Manta Network (MANTA)

    TLDR

    • Manta Network surges 53% in a week, but a pullback is imminent.

    • Rebel Satoshi continues attracting investors after surging 120% thus far.

    As most top altcoins continue bleeding, Manta Network (MANTA) has performed incredibly well over the past week. As a result, investors are flocking to its market, hoping to make significant profits soon. Meanwhile, Rebel Satoshi ($RBLZ), an emerging meme coin, has performed well during its ongoing public presale after securing over $1.5 million thus far.

    Why are investors embracing Manta Network and Rebel Satoshi? Continue reading to discover!

    Manta Network Gains 53% in a Week: More Growth Coming?

    Manta Network has performed impeccably over the past seven days. On January 22, MANTA was changing hands at around $2.44. After trading around this level for three days, MANTA gained momentum on January 24 after Manta Network announced via X that its TVL had surpassed $1.5 billion, making it the third-largest L2.

    This bullish sentiment saw MANTA climb as high as $3.84 on January 28 before bulls got exhausted. As a result, MANTA experienced a slight pullback. By January 29, MANTA had stabilized at around $3.74. This price means MANTA has gained a whopping 53.28% in a week.

    This impressive performance explains why investors are buzzing about Manta Network. But is MANTA a good crypto to buy now? 

    According to experts, MANTA will record marginal losses to close the month at $3.73. Experts peg this prediction on MANTA plunging as the excitement about Manta Network being the third-largest L2 by TVL dwindles.

    Rebel Satoshi Nears Launch After Entering Monarchs Round 4!

    Rebel Satoshi, an upcoming meme coin that aims to eliminate centralization in the crypto space, has become the talk of the crypto-verse after raising over $1.5 million during its public presale. It is worth pointing out that Rebel Satoshi achieved this noteworthy milestone after the first four rounds of its presale sold out in less than three months.

    This project’s rising popularity emanates from its unique mission to unite the silent majority and build a vibrant community that rebels against the unfair rules of centralized entities. Moreover, Rebel Satoshi attributes its success to its native $RBLZ token. Notably, $RBLZ offers investors access to the entire Rebel Satoshi ecosystem.

    By January, Rebel Satoshi was in Monarchs Round 4 of its ongoing presale, with $RBLZ going for $0.022. Thus far, Early Bird Round investors that bought $RBLZ at $0.010 have realized a 120% ROI. This yield could increase to 150% when $RBLZ attains its listing price of $0.025.

    On the other hand, Monarchs Round 4 investors will realize a 13.64% ROI when $RBLZ surges to $0.025. Furthermore, experts predict that $RBLZ will skyrocket when it gets listed on leading DEXs in February. This forecast makes $RBLZ one of the best crypto to invest in now!

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Top tokens to track as Bitcoin slides

    Top tokens to track as Bitcoin slides

    • Maker (MKR) stands out with its role in powering the stablecoin DAI and its unique decentralized governance structure.
    • Sui (SUI) offers a user-friendly DeFi experience with scalability and flexibility.
    • NuggetRush (NUGX) is emerging as an exciting crypto project with unique tokenomics and Ethereum blockchain integration.

    Investors are constantly on the lookout for the next big thing in the ever-evolving world of cryptocurrency. As Bitcoin experiences its ups and downs, it’s only natural to seek out promising altcoins to buy that offer both innovation and potential for substantial gains.

    In the midst of this crypto rollercoaster, one project has been making waves, and it’s poised to shine in the face of adversity: NuggetRush (NUGX). But before we dive into the depths of this gem, let’s set the stage and explore why it’s gaining traction among the best cryptos to buy now as Bitcoin faces challenges.

    NuggetRush (NUGX)

    Why is NuggetRush (NUGX) worth crypto investors’ attention? Well, folks, let me tell you, this project is on a wild ride, and it’s a thrill to be part of. Picture this: they’ve already sold a mind-boggling 163 million NUGX tokens, raising a jaw-dropping $2 million and counting!

    We’re in the fifth round now, and NUGX is strutting its stuff at a tantalizing 0.018 USDT per token, with the next round promising a soaring 0.02 USDT – that’s a heart-pounding 100% token price increase from Round 1. This presale performance? It’s like the crypto community giving a standing ovation!

    Now, let’s dive into the juicy tokenomics. NuggetRush has crafted an ecosystem that’s got crypto enthusiasts buzzing like bees at a honey pot. With a total supply of 500,000,000 NUGX tokens and the cherry on top – no pesky buy or sell tax! It’s not just friendly; it’s like a warm hug to newcomers, beckoning them into the crypto waters.

    But hold on to your hats because NuggetRush isn’t just catering to the rookies dipping their toes into cryptocurrency trading for beginners; it’s laying out a grand buffet for seasoned traders, serving up those delectable gains on a silver platter.

    But wait, there’s more – let’s get technical! NuggetRush isn’t just built on any old blockchain; it’s strutting its stuff on the Ethereum blockchain, ensuring ironclad security, breathtaking transparency, and a global stage for all crypto aficionados. 

    But here’s where it gets spicy – each character in the NuggetRush universe moonlights as a collectible NFT. Yes, you heard it right, NFTs are hotter than hotcakes right now, and NuggetRush knows how to turn up the heat.

    This move adds a dash of extra excitement and value for both players and collectors, making it one of the best altcoins to invest in. Plus, they’ve thrown in NFT staking with the potential for up to 20% APY, like turning a game into a treasure hunt where the loot is real crypto gold!

    Now, let’s talk governance. NUGX isn’t just another token; it’s your golden ticket to calling the shots in the NuggetRush realm. Holders get to have their say in the project’s direction, like being part of a crypto democracy where every vote counts. It’s not just an investment; it’s a voice in the crypto revolution!

    So there you have it, folks. NuggetRush isn’t your run-of-the-mill project; it’s a crypto rollercoaster of epic proportions, with rocketing presales, tempting tokenomics, cutting-edge technology, and a dash of democracy. Keep your eyes on this one; it’s a nugget of gold in the crypto treasure chest!

    Maker (MKR)

    Alright, crypto explorers, let’s dive into the fascinating world of Maker (MKR). You might have heard about it as a stablecoin, but trust me, it’s way more than just that.

    Maker is the brains behind DAI, the decentralized stablecoin that’s all about keeping that value at a solid 1 USD. But what sets Maker apart is its decentralized autonomous organization (DAO) structure – and let me tell you, it’s a game-changer among the top altcoins.

    In the crypto world, where decentralization is the name of the game, Maker takes it to a whole new level. MKR token holders are the bosses here. They get to call the shots, like setting the rules for collateral types and stability fees. It’s like a crypto democracy where your MKR tokens are your voting power. This level of control gives Maker a unique edge, making it a heavyweight in the DeFi arena.

    But that’s not all, my fellow crypto enthusiasts. Maker’s got something called Collateralized Debt Positions (CDPs). It’s your golden ticket to lock up assets like Ethereum and mint DAI. Think of it as your financial playground where you get to be the master of your own crypto universe.

    Sui (SUI)

    Now, hold onto your surfboards because we’re about to catch the DeFi wave with Sui (SUI)! This little gem is making a splash in the world of decentralized finance, and here’s why you should pay attention.

    Sui isn’t your run-of-the-mill DeFi token; it’s all about scalability and user-friendliness. Picture this: you’re riding the DeFi platform, and it’s a breeze. That’s what Sui offers – a DeFi experience designed with users like you in mind. This is what has made it one of the best altcoins.

    But it’s not just about speed; it’s also about flexibility. Sui’s blockchain architecture is like a buffet for developers. They can pick and choose the features they want, customize their DeFi projects, and create something truly unique. It’s like having a DeFi toolbox at your disposal – you get to build your own financial world.

    And let’s not forget the star of the show, SUI, Sui’s native token. It’s not just there for show; it’s got a job to do. SUI plays a crucial role in governing the platform, giving users like you another layer of involvement. It’s like being part of a crypto club where your voice actually matters.

    Conclusion

    As the crypto landscape continues to evolve, projects like NuggetRush (NUGX), Maker (MKR), and Sui (SUI) are proving that there’s more to crypto than meets the eye. These tokens offer unique features and innovations that make them worth tracking, especially when Bitcoin decides to take a rollercoaster ride. So keep your eyes peeled on these altcoins to watch, stay informed, and above all, enjoy the thrill of the crypto ride!

    For more information about NuggetRush and to participate in the presale, visit the NuggetRush Presale Website.

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  • Top crypto picks to buy at rising market before it’s too late

    Top crypto picks to buy at rising market before it’s too late

    • A new and promising crypto, ScapesMania, has witnessed impressive presale success.
    • Ethereum is poised for growth with potential regulatory advancements like an ETF while Solana is the 5th most-traded cryptocurrency, stable and growing.
    • Polygon is resilient and attracts investments, Dogecoin balances community projects amid market fluctuations, and Shiba Inu faces uncertainty due to whale transactions and a bearish outlook.

    The cryptocurrency market is currently experiencing a significant upswing, with Bitcoin (BTC) crossing the $42,000 mark, signaling a broader market recovery. This resurgence is not just limited to the flagship cryptocurrency but is also evident in the performance of other players.

    Today, we’ve put together our 6 top picks for investors looking to capitalize on the rising market before it’s too late: Ethereum (ETH), Solana (SOL), Polygon (MATIC), Dogecoin (DOGE), Shiba Inu (SHIB), and the emerging ScapesMania. These coins have the potential to yield significant returns and showcase substantial growth.

    Let’s take a closer look at each coin.

    Growth factors behind promising coins

    ScapesMania: features and vision

    ScapesMania is an innovative crypto project currently in the presale phase. Amidst the volatility experienced by larger cryptocurrencies, it offers a unique opportunity to diversify your portfolio. 

    Upon closer examination, ScapesMania reveals a range of appealing features. By embracing ScapesMania, crypto enthusiasts get a chance to engage with a unique ecosystem thriving within a multi-billion-dollar gaming industry. 

    Furthermore, ScapesMania has implemented mechanisms to keep holders actively involved and incentivized. By participating in DAO governance, backers have a say about ScapesMania’s future direction. Other notable perks for holders include up to $142 in bonuses for early adopters, token buyback and burn mechanisms, and staking rewards.

    As for safety, the project’s smart contract has undergone a thorough audit by leading security-ranking companies. ScapesMania is backed by an award-winning team that has secured a prestigious grant from a major player in the blockchain industry.

    Visit ScapesMania’s website for more information about its standout features.

    Ethereum: regulatory developments and market Impact

    Ethereum price chart

     

    Ethereum is currently experiencing a noteworthy development related to regulatory matters and market dynamics. The United States Securities and Exchange Commission (SEC) is actively engaged in discussions regarding a proposed rule change. 

    This change, if approved, would enable Fidelity Investments to offer shares of its spot Ethereum (ETH) exchange-traded fund (ETF). 

    Fidelity’s latest SEC filing outlines its ETF’s objective to monitor Ether’s performance using the Fidelity Ethereum Index. If approved, the ETF, trading as ETHF on the Cboe BZX Exchange, may mark a pivotal moment in Ethereum’s broader adoption.

    Solana: climbing the ranks in the crypto market

    Solana price chart

    Solana has recently achieved a significant milestone. As of now, it’s the 5th most-traded cryptocurrency in the world. This achievement indicates a rising trend in its adoption and a growing interest from traders and investors. 

    Furthermore, Solana’s blockchain has experienced positive developments. Among notable achievements are inclusion in Visa’s stablecoin trials, a rise in total value locked, and maintaining around nine months of continuous uptime. 

    These factors enhance Solana’s presence and credibility in the market. Ultimately, investors can expect an ongoing upward trend in SOL’s price performance.

    Polygon: navigating through market volatility

    Polygon price chart

    MATIC underwent a significant price correction recently, drawing considerable interest from prominent investors commonly known as “whales.” 

    Capitalizing on the dip in Polygon’s price, these large-scale investors seized the opportunity and injected a substantial $90 million into acquiring MATIC tokens. This influx of funds suggests a strategic move by major players in response to the recent price fluctuations in the Polygon market. 

    Major backers continue to play a pivotal role in shaping the asset’s value amidst dynamic market conditions in the Polygon ecosystem. So, keeping an eye on the movements of these whales remains crucial. 

    Dogecoin: aiming for the moon

    Dogecoin price chart

    The Dogecoin community has embarked on an ambitious mission to send a physical token to the moon, reflecting the coin’s playful and pioneering spirit. This endeavor coincides with a significant technical development in Dogecoin market behavior. 

    DOGE’s price recently broke out from a long-term descending resistance trend line, which had been in place for 900 days. 

    Furthermore, the number of total crypto wallets holding DOGE reaches 5 million. These dynamics indicate the growing adoption and increased user activity within the blossoming Dogecoin network.

    Shiba Inu: whale transactions and network developments

    Shiba inu price chart

    Shiba Inu recently underwent a substantial transaction involving the transfer of 300 billion SHIB tokens to an anonymous wallet. Notably, this transfer originated from the popular cryptocurrency exchange Binance. 

    The occurrence of this transaction has generated curiosity and speculation within the crypto community, driving investors’ interest in the token. However, it’s not the only growth factor behind Shiba Inu.

    Shiba Inu’s advancements, such as the launch of Shibarium, aim to enhance transaction efficiency and reduce costs. These developments can further increase SHIB’s appeal for decentralized finance use cases.

    Current state and prospects

    ScapesMania: ambitious future vision

    The ScapesMania presale unfolds in several rounds, with the current one presenting a substantial 70% discount on token purchases. This discounted entry point provides an attractive incentive for early adopters, offering potential ROIs of 400-500% as the post-listing price hits the $0.1 mark.

    Looking ahead, ScapesMania’s ambitious vision includes listings on major exchanges and continuous improvements. The team is on a mission to develop a unique niche concept not yet explored in crypto circles. This forward-thinking approach contributes to the outstanding presale figures, positioning ScapesMania as one of the potential long-term assets for crypto enthusiasts.

    With its visionary roadmap and current presale offerings, ScapesMania could be a worthy bet for those seeking a foothold in the crypto space. To dig deeper into ScapesMania’s proposition, visit its official website, Twitter account, and Telegram channel.

    Ethereum: potential impact of US ETF

    The prospect of an Ethereum ETF in the U.S. market could lead to increased institutional interest and investment in Ethereum. The anticipation of such developments could create a bullish sentiment among investors, potentially driving up the price of ETH.

    Crypto enthusiasts eagerly await SEC approval for ETFs, given the SEC’s historical reluctance, often citing market manipulation concerns. Optimists believe that ETFs holding major cryptocurrencies could significantly transform the market by facilitating mainstream investors’ entry into digital assets.

    The future of Ethereum looks promising with the potential approval of an ETF. However, the SEC’s history of caution in approving spot cryptocurrency ETFs suggests that the road ahead may not be smooth. 

    Solana: stable growth amid volatility

    The price situation of SOL is currently stable, showing signs of steady growth. The stability in its price, despite the volatile nature of the cryptocurrency market, is a positive sign for investors looking for a relatively less volatile asset.

    Looking ahead, the future of Solana appears bright, with its rising adoption and stable price situation. The increasing interest from traders and its position as one of the most-traded cryptocurrencies could lead to further growth in its value. 

    Solana’s price surged by approximately 550% this year, emphasizing its strong network. Given Solana’s remarkable performance and robust infrastructure, it holds the potential to extend its ascent.

    Polygon: resilience and whales’ interest

    The price of MATIC has shown resilience in the face of volatility. After a retracement from its peak, MATIC has managed to rebound from its recent lows, retaining a substantial portion of its monthly gains with an overall 20% increase within the evaluated period. 

    At the same time, Polygon is seeing a rise in the MATIC exchange reserve. This signal indicates increased net deposits possibly driven by profit-taking motives.

    The future of Polygon appears to be on a recovery path. The network’s heightened activity and continued interest from influential whales contribute to the optimism surrounding Polygon MATIC

    Dogecoin: fluctuations and bullish signals

    The price of Dogecoin DOGE has seen fluctuations since reaching a high of $0.087 on November 17. The decrease caused a deviation above the $0.082 horizontal resistance area. 

    The future of Dogecoin seems to be a blend of optimism and caution. The weekly timeframe suggests a bullish trend, while the daily timeframe indicates the potential for a retracement before a possible increase. 

    Considering the high levels of adoption and usage, the odds are certainly looking in favor of the bulls. Still, if DOGE manages to close above the $0.082 resistance area, it could signal a bullish takeover, potentially leading to a significant price increase. 

    Shiba Inu: a rebound potential

    The technical analysis of the SHIB price chart shows a descending triangle formation, with a recent break below the lower trendline, suggesting a bearish outlook. However, the price is hovering above a crucial support level, with the 50-day moving average potentially acting as a springboard for a rebound.

    The future of Shiba Inu is shrouded in uncertainty. If the wallet’s accumulation strategy positively influences market sentiment, we could see an upward price correction. However, the bearish indicators and unpredictability of large-scale transactions make it challenging to forecast SHIB’s prospects. 

    Investors are keenly anticipating Shiba Inu to surpass the $0.01 mark, aiming for the significant milestone of $1. Despite this optimistic outlook, reaching the price of $1 doesn’t look realistic. The Shibarium layer-2 network’s lack of burning trillions of SHIB adds complexity to the token’s growth.

    Bottom line

    In this dynamic phase of the cryptocurrency market, these six coins represent a blend of established reliability and exciting potential. Ethereum and Solana continue to demonstrate stability and growth, Polygon and Dogecoin offer a mix of stability and innovation, while Shiba Inu presents an opportunity for those willing to navigate its uncertain waters. 

    Meanwhile, ScapesMania emerges as a dark horse, offering potentially high returns and an opportunity to save big for early adopters. This affordability opens doors for investors with varying budget sizes to explore ScapesMania without significant financial commitments.

    Discover more details about ScapesMania on the official site.

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  • Top of the Swaps – Which ‘Swap’ is the Best DEX Coin? Can it Compete with $GFOX?

    Top of the Swaps – Which ‘Swap’ is the Best DEX Coin? Can it Compete with $GFOX?

    Over time, Decentralized Exchanges (DEXs) have expanded due to their ability to provide users complete ownership over digital assets. Nonetheless, a lot of DEXs have native tokens just as centralized exchanges. 

    As a result, some of the most popular DEX coins that have ranked among the best cryptocurrency investment opportunities are Uniswap, PancakeSwap, and dYdx. However, how well do they stack up against the emerging Galaxy Fox ($GFOX)?

    >>BUY $GFOX TOKENS<<

    Galaxy Fox ($GFOX) Has Been Predicted To Outperform the Crypto Market

    The cryptocurrency market has entered another bull cycle. Where analysts have predicted price growth across the board, Galaxy Fox ($GFOX) has been picked as a coin to watch. The project has been predicted to outperform the rest of the crypto market because of its uniqueness.

    Galaxy Fox wants to establish its blockchain game as the best way to earn passive income with cryptocurrency in 2023. Like in other blockchain P2E games, players will earn rewards as they progress in this intergalactic world. In addition to this, there is a leaderboard within the virtual world of Galaxy Fox.

    For sustainability, the project has put forward a unique reward concept where 50% of the money made from the transaction fees is sent to a fund. Players who place in the top 20% of the Galaxy Fox game will receive a reward from this fund. All rewards earned within the game can be sold for cash within the in-ecosystem marketplace of Galaxy Fox. In addition, the project also supports the staking of its $GFOX tokens. 

    Analysts have ranked $GFOX as one of the best cryptocurrency investments among new crypto ICOs for 2023 because of its unique blend of meme coins and blockchain gaming. As the project grows in the bull market, the token could see up to a 100x price rise.

    >>BUY $GFOX TOKENS<<

    Can the Top Swap Coins Keep Up With Galaxy Fox?

    Although the use of DEXs has increased since the 2022 collapse of some top CEXs, their coins have underperformed. Some experts have linked this to the limited liquidity and slower transaction times of DEXs. 

    As the leading DEXs, Uniswap ($UNI) and PancakeSwap ($CAKE) were once ranked among the best cryptocurrency investment options. However, they have struggled in 2023. The price of $CAKE has dropped by almost 40% since the start of 2023. 

    On the other hand, $UNI has gained just 1.4% year-to-date. This has been considered an underwhelming performance given that the crypto market has climbed by more than 110% YTD. Aave has performed better than the other two top DEX coins. 

    The Aave crypto has gained more than 80% YTD. While these are solid gains, they do not compare to the potential 100x price explosion that has been projected for $GFOX. 

    At the moment, $GFOX is valued at $0.00066 and is in the first phase of its crypto presale, making now the best time to join the project. So don’t hesitate, check out their presale now by clicking the links below. 

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

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  • Bitcoin signals potential breakdown, top analyst says

    Bitcoin signals potential breakdown, top analyst says

    • Bitcoin (BTC) is positioned for further downside as a new Weekly Close below the 200-week moving average signals.
    • BTC rejecting from above $26k would welcome bears to the party as double-confirmation of the breakdown.
    • According to crypto analyst Rekt Capital, the 200-week MA is a robust resistance zone. 

    As Bitcoin bulls face rejection from above $26k, a top analyst has pointed out the benchmark cryptocurrency’s price faces fresh downside pressure.

    BTC price is currently 2.4% up in the past week, but has failed to break past key resistance around $26,600. The breakdown to lows of $24,800 last week amid negative regulatory headlines appears to have only emboldened bears further.

    Bitcoin positioned for downside

    According to crypto analyst Rekt Capital, the technical outlook for BTC suggests more weakness is likely. This is after a new weekly close below the 200-week moving average, which signals a “double confirmation of [a] breakdown,” the analyst noted.

    Last week, Bitcoin price recovered from lows of $24.8k after the market reacted sharply to the SEC’s lawsuits against crypto exchanges Binance and Coinbase. Commenting after the upside, Rekt Capital suggested that Bitcoin had “run straight into the 200-week MA”

    He noted that if bears managed to turn this zone into new resistance, there was likelihood BTC could see a “two-step breakdown confirmation.” Such a price scenario was likely to result in further downside pressure.

    “Technically, BTC is positioned for downside. Why? Because it has produced another, new Weekly Close below the 200-week MA. As a result, $BTC has shown double-confirmation of breakdown from the 200-week MA. Continued rejection here could send price lower,” he tweeted on Monday, pointing to last week’s prediction.

    Here’s a chart the analyst shared, showing Bitcoin’s rejection at both a downtrend line and the 200-week MA.

    If Bitcoin gives up the $26k level again, a run to June lows could open up room for more losses. However, as BitMEX founder and former CEO Arthur Hayes pointed out last week, its likely crypto will hit the pain of an extended sideways action before a new trigger sets up an “autumn rally.”

    As CoinJournal reported, the BitMEX founder believes the trigger will be retail trading, and a big possibility is this next bull market is led by the Chinese trader. BlackRock filing for a spot Bitcoin ETF could also be a significant tailwind in coming months.

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  • Top analyst’s Bitcoin price outlook for the next week

    Top analyst’s Bitcoin price outlook for the next week

    • The next week will be critical for BTC, crypto analyst Michael van de Poppe says.
    • Bitcoin price could see a new uptrend if BTC can break out after a successful retest of the 200-day moving average.
    • However, if BTC fails to break above this level, it could fall to past recent lows, with the key target at $25k or lower.

    Bitcoin’s price has struggled to reclaim support above $28,000 and is currently facing fresh downside pressure just above the $27k level.

    While the price is looking for a successful retest and bounce from a key technical level, bulls could be left battling a deeper correction if prices break lower from this level, which one analyst has highlighted as a likely make or break scenario for BTC this coming week.

    Bitcoin price: analyst says next week could be crucial

    Market events next week could have an impact on Bitcoin price, with crucial economic data and events to watch out for including US GDP revisions, minutes of the last FOMC meeting and the core personal consumption expenditure (PCE) deflator – the Fed’s preferred measure of inflation.

    A decision or vote on the debt-ceiling talks is also expected to highlight critical market-moving events this coming week. According to Michael van de Poppe, the Bitcoin price outlook for next week is likely to trend alongside a broader market reaction to the busy week.

    He says BTC’s retest of the 200-day moving average has historically signaled an opportunity to accumulate. If BTC can break above this level, it could signal the end of the current correction and the start of a new bull market.

    The analyst sees the next few days as important for bulls, suggesting that it could be a “make-or-break” situation.

    “If you go back in history, the 200-MA retest is a great period to accumulate. In the past 6 months, #Bitcoin has been swimming beneath for a long period, making it the most undervalued since existence. Next week is make-or-break. Fast breakout upwards -> end of correction,” van de Poppe tweeted.

    The 200-day moving average is a long-term moving average that traders often look to for support or resistance levels. A BTC breakout from the 200-day moving average has often seen bulls take control.

    If BTC can break above the 200-day moving average, it could reach $35,000 by the end of the week. However, if bulls fail to fend off the marauding bears, it’s possible for a revisit of the $25k region.

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  • Kaspa price gives up gains as top exchange delays KAS listing

    Kaspa price gives up gains as top exchange delays KAS listing

    • Kaspa price rose to highs above $0.031 before giving up gains to sit around $0.030.
    • The upside momentum for the altcoin was derailed as major exchange Uphold announced it was delaying the listing of KAS.
    • Uphold says the delay is due to a technical issue that will soon be sorted out.

    Kaspa (KAS) was among the biggest gainers earlier today as cryptocurrencies looked to bounce following Bitcoin’s sharp decline overnight Wednesday.

    In the past 24 hours, as BTC looked to reclaim $29,000, the price of Kaspa rose more than 10% to break above $0.031. The upside saw KAS bulls begin to eye the token’s all-time high near $0.043 reached on 2 April 2023.

    That attempt to put bears in their place is on hold though as one of the major catalysts for the altcoin going up was the impending listing on a major US crypto exchange

    Uphold delays listing of Kaspa (KAS)

    On Thursday, Uphold, which was set to be the first centralised crypto exchange in the US to list KAS, announced it would be delaying the listing. The multi-asset digital asset platform said the “difficult decision” had been taken due to technical issues.

    But despite the delay, Dr. Martin Hiesboeck, the Head of Research at Uphold, has assured KAS holders that the issue was “minor” and will soon be solved. He tweeted:

    “As we’re expecting *high demand*, we’ve taken the difficult decision to delay this listing due to some technical issues – to ensure you get a smooth and fair trading experience and best execution. Won’t be long, it’s a minor thing we’ll sort out soon.”

    He offered to explain everything on the Twitter Space.

    After seeing a double digit uptick in price, with weekly gains rising to over 30%, Kaspa price is just in the green in the past day (at the time of writing) and about 28% higher over the week.

    Currently, KAS can be traded on multiple exchanges, including MEXC Global, Gate.io and BingX. The token’s recent momentum has come amid a flurry of listings, including on LBank and Bitget.

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  • RPL whales signaled local top

    RPL whales signaled local top

    The price of Rocket Pool (RPL) faces fresh downside pressure near $45, with bulls’ attempting to turn the level into a new primary support zone. As of 12.50 pm ET on Friday, the RPL token was trading around $46.60 – about 2.4% down in the past 24 hours.

    RPL is one of the altcoins that rallied hard as Ethereum activated the Shapella upgrade.

    RPL price- data shows whales sold right at the local top

    As CoinJournal highlighted on 14 April, Rocket Pool, Arbitrum and Loopring were among the altcoins to swell as Ethereum (ETH) broke out to $2,100 after the Shapella upgrade. The profit pivot to altcoins saw Rocket Pool’s RPL soar past its previous peak, amid increased buying pressure as the Atlas upgrade inched closer.

    According to on-chain data from crypto market intelligence platform Santiment, the Rocket Pool price dumped as whales took profits right at the local top.

    On 16 April 2023, RPL price rose to its all-time high of $61.87 before the momentum faded. Santiment says the cryptocurrency continues to see large whale volumes to add to the 70 that involved more than $100,000 worth of RPL.

    The 70 transactions signaled the top for Rocket Pool price and is the second largest whale dump for RPL after the 111 large transactions involving more than $100k on 8 November 2021. At the time, RPL price had hit its then ATH of $59.47, Santiment noted.

    Rocket Pool price prediction

    Although Rocket Pool’s native token is up 14% over the past month, declines over the last two days have seen RPL/USD shed more than 25% from its recently hit all-time high.

    In terms of short term Rocket Pool price prediction, further weakness in the Rocket Pool market could see the token’s price hurtle towards $38 or lower.

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  • Least amount of Bitcoin on exchanges since the previous bull market top in December 2017

    Least amount of Bitcoin on exchanges since the previous bull market top in December 2017

    Key Takeaways

    • The balance of Bitcoins on exchanges is in constant decline, now at the lowest point since December 2017 
    • Meanwhile, long-term investors continue to hold, soaking up the supply
    • Coins that have not been touched in 10 years now outnumber those held on exchanges 

    I wrote a piece last week on the exodus of stablecoins from exchanges, with the balance currently the lowest since October 2021, with 45% of the total balance of stablecoins on exchanges flowing out in the last four months. 

    But the glut in liquidity is not limited to stablecoins. The world’s biggest cryptocurrency is also seeing funds flow out. Only 11.8% of the total Bitcoin supply is currently on exchanges – that is the lowest since December 2017. 

    To jot your memory, December 2017 was the previous bull market peak. Bitcoin rose to within a hair of $20,000 before freefalling into a two-year-long bear market which ravaged the entire industry.

    Since January 2020, exchanges’ reserves of Bitcoin have been only going one way: down. It hints at the demand/supply imbalance that so many Bitcoin truthers advocate for, with the much-vaunted hard supply cap of 21 million coins for Bitcoin. 

    If demand keeps rising, they argue, the price can only go up because supply cannot keep up. 

    Central to this thesis is the resilience of long-term holders to keep a firm grasp on their bitcoins. And when assessing whether they have, the answer is a resounding yes. 

    The below chart presents long-term holders against the total exchange balance. In November 2022, the number of bitcoins last active 10+ years ago overtook the number of bitcoins on exchanges. 

    Of course, some of these long-term holders will be lost coins, either via their owner dying or losing their private keys. 

    But the stat is still interesting and speaks to the cohort of (very) early investors in Bitcoin who remain clinging to their coins with all their might. Remember, this includes the anonymous Satoshi Nakamoto, who is estimated to hold over 1 million coins, or 5% of the total supply. 

    Below is the chart displaying the current portion of the Bitcoin supply split out by time held and compared to the exchange balance. 

    The result is interesting, but even more so when considering that the last three years brought both the euphoric highs of Bitcoin at nearly $70,000 during the pandemic and then the bone-crushing fall through 2022, which saw it careen down towards $15,000. 

    In terms of the long-term trajectory of Bitcoin, it’s undoubtedly bullish. Of course, it all depends on whether the demand for additional Bitcoin will hold up. The supply may be getting squeezed, but that is all for nothing if the demand side doesn’t hold up its end of the bargain. 

    And on that note, the last year has been a big blow. Not only has capital flowed out of the space at an alarming rate, but a number of very high-profile scandals (LUNA, Celsius, FTX and so on) have rocked the space. The fear is that these episodes have dented the reputation of the cryptocurrency space and will inhibit the demand for Bitcoin on the intuitional side. Have people been put off moving into the space?

    It’s hard to say. But in looking at long-term holders, their confidence seems resolute. 

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  • TOP BNBCHAIN PROJECT WITH HIGHEST SOCIAL ENGAGEMENT

    TOP BNBCHAIN PROJECT WITH HIGHEST SOCIAL ENGAGEMENT

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