statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Bitcoin

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Invesco QQQ Trust Series 1

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Charles Hoskinson, the founder of IOG, has publicly addressed comments made by Michael Saylor regarding Cardano and its native cryptocurrency, ADA. During a recent event, Saylor, a noted Bitcoin enthusiast and executive at MicroStrategy, predicted regulatory challenges for various altcoins, including ADA. He suggested that the SEC would classify them as unregistered securities. The Bitcoin The post Charles Hoskinson Claps Back at Michael Saylor’s ADA Claims appeared first on CoinGape .

Charles Hoskinson Claps Back at Michael Saylor’s ADA Claims

The top crypto prices today extended the rebound frenzy as the Bitcoin (BTC) price surged past the $63,000 level. In addition, the Ethereum (ETH) price mirrored the sentiment and sustained above the $3,100 mark. Moreover, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also gained notably. Major Crypto Prices Today 1. Bitcoin Price The post Crypto Prices Today May 4: Bitcoin Rallies Past $63K As ETF Inflows Regain Momentum appeared first on CoinGape .

Crypto Prices Today May 4: Bitcoin Rallies Past $63K As ETF Inflows Regain Momentum

Cardano boasted the highest Nakamoto coefficient among all chains, suggesting greater decentralization.

Cardano TOPS this altcoin chart – Good news for ADA holders?

ADA had a rough April, but sentiment might change for the better in May.

Cardano’s latest buy signal – Why it could mean a relief rally for ADA’s price

On-chain data shows that many old coins have moved on the XRP network recently, a sign that proved to be bearish for the coin last time. XRP Age Consumed Metric Has Registered A Large Spike According to data from the on-chain analytics firm Santiment, XRP has just observed a large movement of dormant coins similar to what the asset witnessed last month. The indicator of interest here is the “Age Consumed,” which shows “the amount of tokens changing addresses on a certain date, multiplied by the time since they last moved,” as per Santiment’s definition. Related Reading: Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die” When this metric has a high value, it means that a large number of coins previously dormant have finally been moved to the blockchain. Old coins are generally less likely to become involved in selling, as they belong to the more resolute hands in the market. As such, any large movements of these coins can be worth noting since it’s not an event that happens too often. The below chart shows the trend in this indicator for XRP over the past month or so: The value of the metric seems to have been quite high in recent days | Source: Santiment on X From the graph, it’s visible that the XRP Age Consumed registered a sharp spike at the start of this month, implying that some old hands have decided to break their silence. This latest spike has been quite massive in scale and has been reminiscent of another spike that was seen last month. Interestingly, this previous spike occurred shortly before the price of the cryptocurrency tanked 16%. Thus, the previous spike would have corresponded to some HODLers moving to sell their coins. It’s possible that the latest large dormant coin movement was also made for a similar purpose, and hence, it can prove to be bearish for XRP. Santiment points out that this may not be so after all, though, saying: There is an argument that this old coin movement is related to potential #buythedip interest from key stakeholders, and prices have been climbing mildly since this May spike occurred. While this dormant coin movement may turn out to be bullish this time around, there is another signal brewing for the asset that can also be something to keep an eye on. As highlighted in the same chart, the Total Open Interest for XRP, which keeps track of the number of derivative positions currently open on all exchanges related to the asset, has been going up recently. This metric is now at a 3-week high of $483.4 million, implying that there is a notable amount of speculation in the market right now. Historically, this has led to volatility in the price. Related Reading: Crypto Analyst Says Cardano “Ready For A Parabolic Bull Run,” Here’s Why In theory, this volatility can take the asset in either direction, but it’s worth noting that the crash last month occurred after the Open Interest hit extreme levels. So far, though, the indicator hasn’t quite yet reached the same highs. XRP Price XRP is yet to make any significant recovery from the crash last month as its price is still trading around $0.52. Looks like the price of the asset has been overall moving sideways since the plunge | Source: XRPUSD on TradingView Featured image from Kanchanara on Unsplash.com, Santiment.net, chart from TradingView.com

XRP Forms On-Chain Signal That Led To 16% Crash Last Time

Historical trends have repeatedly shown that big-time cryptos like Cardano and Avalanche are not immune to ecosystem problems. These problems have prompted their investors to search for other potentially lucrative cryptos like Raboo with explosive growth. Raising over $1 million, Raboo is set to change the status quo with its

Crypto Presale Buzz: Raboo Draws Investors Amid Cardano and Avalanche Struggle

Cardano

ADA.X Cardano

About

Feed

News

Sentiment

Fundamentals

Sentiment

Message Volume

Community