Ethereum could experience bullish run, ETH ‘ultrasound’ money narrative at risk
Ethereum (ETH) price action on Wednesday shows it could be gathering momentum for a rally as a recent report from CryptoQuant reveals its ultrasound money narrative is at risk. Also, the number one altcoin's co-founder, Vitalik Buterin, and co-authors have published Ethereum Improvement Proposal (EIP) 7702 as an alternative to EIP-3074.
Bitcoin price drops, but holders with 100 to 1000 BTC continue to buy up
Bitcoin (BTC) price action continues to show a lack of participation from new traders, steadily grinding south in the one-day timeframe, while the one-week period shows a horizontal chop. Meanwhile, data shows that some holder segments continue to buy up.
AI tokens could rally following growth in NVIDIA's stock
Artificial Intelligence tokens are gaining momentum again after impressive gains in March. Recent price gains in NVIDIA have coincided with gains in Near Protocol (NEAR), Render (RNDR), and Worldcoin (WLD), among several other AI tokens.
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FLOKI whales add 30 billion tokens to their holdings in May, meme coin rises 11% on the day
Floki Inu (FLOKI) has noted a spike in on-chain metrics in May. The meme coin rallied alongside large market capitalization meme tokens like Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF) and PEPE (PEPE) this cycle.
Top 3 meme coins Dogecoin, Shiba Inu suffer price decline, Bonk price rallies
Dogecoin (DOGE) and Shiba Inu (SHIB) decline on Tuesday amidst bearish on-chain metrics, as seen on Santiment. On the other hand, Bonk (BONK) price rallies amidst bullish technical indicators on its daily chart.
XRP holders shed altcoin holdings at a loss, Ripple struggles to tackle resistance at $0.55
Ripple holders shed their XRP holdings and took $20 million in profits since May 18. XRP social dominance is nearly at the same level, at 1.46%. XRP sustained above $0.52 on Tuesday but is down 1% on the day.
Bitcoin wallet tagged as Mt.Gox transferred nearly $2.93 billion in BTC, the asset hovers at around $68,000
Bitcoin hovers around the $68,000 level on May 28, Tuesday as market participants brace for Mt.Gox transfers of BTC. The defunct crypto exchange’s wallet, tracked by on-chain intelligence trackers, have made BTC transfers to a new wallet.
Bitcoin: BTC struggles, but $80K is at striking distance Premium
Bitcoin (BTC) price is in a good position to resume the bull rally despite the recent struggle. Optimism will restart if BTC overcomes a critical hurdle and flips it into a foothold. In such a case, the pioneer crypto will be slated to push to a new all-time high (ATH).