Internet Computer price forms giant bullish flag as exchange supply drops, can it break out?
Internet Computer was one of the best performers in the cryptocurrency market on Thursday, supported by a newly released proposal to combat inflation. At the same time, exchange balances for the token have dropped significantly. Summary Internet Computer price rose nearly 34% on Thursday, supported by a tokenomics overhaul by the development team. Whales have…
Solana Mobile confirms 1.8 billion SKR token airdrop for Seeker phone users
Solana Mobile users and app developers would be eligible to receive a share of roughly 2 billion Seeker tokens following the conclusion of Season 1 of the SKR airdrop. Summary Solana users will receive a combined 1.8 billion SKR tokens in the first Seeker airdrop on Jan. 21. Airdrop rewards are based on user engagement…
ASTER price eyes resistance as Binance Wallet perps go live
ASTER is trading near a key resistance zone after a sharp rise in activity, with price compressing just below levels that previously capped upside. Summary Aster price is approaching $0.76 resistance following the launch of perpetual futures on Binance Wallet. Trading volume jumped 45%, and futures open interest rose, indicating new market positions. Key support…
Chainlink price tests key level after Bitwise ETF debut
Chainlink price is hovering near the top of its recent range with traders watching for a decisive move following the launch of the Bitwise Chainlink ETF. Summary LINK is consolidating as volatility tightens and leverage cools. ETF launch improves access despite short-term trading currently cautious. Technical setup points to a sharp move once range breaks….
SEC ends Zcash Foundation probe without enforcement action
The U.S. Securities and Exchange Commission has closed its investigation into the Zcash Foundation without taking enforcement action, ending a probe that began in 2023. Summary The SEC concluded its investigation into the Zcash Foundation without recommending enforcement or regulatory changes. The probe began in August 2023 and focused on potential securities issues linked to…
Sui price on edge as its mainnet goes through a network
Sui price remained on edge on January 14 as the mainnet suffered a glitch and a network stall. Summary Sui price rose despite the network suffering a major glitch. The glitch led to a network stall that affected its activity. Technical analysis suggests that it may be ripe for a bullish breakout. Sui Coin (SUI)…
Shiba Inu Coin price comeback looms as burn rate explodes
Shiba Inu Coin price was flat on Jan. 14, even as Bitcoin and other top altcoins rebounded. Summary Shiba Inu Coin price has formed a large falling wedge chart pattern. The coin’s burn rate jumped by over 1,000% on Wednesday. The supply of SHIB coins in exchanges has dropped in the past few months. Shiba…
Pi Network price form triangle apex as breakout nears
Pi Network price is compressing into a triangle apex above $0.20 support, with key confluence levels holding and breakout conditions developing as volatility tightens. Summary Pi is tightening into a triangle apex, signaling a decisive move ahead $0.20 support aligns with VAL + POC, strengthening the base Breakout targets value area high and $0.25 resistance with volume confirmation Pi Network’s (PI)…
Cardano price holds $0.38 support amid bullish retest
Cardano price is holding $0.38 after a bullish retest, with rising volume supporting continuation potential as the price targets the next key resistance near $0.48. Summary ADA reclaimed $0.34 high-time-frame support, triggering an impulsive rally Price held $0.38 order block support, confirming a bullish retest Upside continuation targets $0.48 resistance near the value area high Cardano’s (ADA) price action…
40% surge, active addresses hit 6-month high
Solana price continued its recent recovery, reaching its highest level since November last year, and the soaring network activity and ETF inflows suggest that it has room for more gains. Summary Solana has moved into a technical bull market after rising by 25% from its lowest level in December. The number of active addresses in…
