Market Trends

Bitcoin price is still undervalued, MVRV indicator shows

Bitcoin price has had a strong performance this year as it jumped by 120%, beating popular assets like the Nasdaq 100 and the S&P 500 indices.  Bitcoin (BTC) has retreated to $97,000 from the all-time high of $108,427 after the Federal Reserve pointed to just two interest rate cuts in 2025. MVRV score shows Bitcoin price is still cheap The …

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Ethena price slips after BitMex founder Arthur Hayes moves tokens

Ethena erased some of the gains made on Friday, Dec. 12, after on-chain data showed that Arthur Hayes was selling. Ethena (ENA) token retreated to $1.10, down from an intraday high of $1.2240. It has dropped by over 16% from its highest level this month. Data by Nansen shows that Hayes, the co-founder and former CEO of BitMEX, moved 7 …

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Send surges 360%, dForce jumps 160%, BTC hovers $97k

The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling to reclaim $100,000. The cryptocurrency market is showing signs of recovery after the recent slump. Ethereum (ETH), which fell as low as $3,000, has managed to push above $3,400. Bitcoin (BTC) has also shown slow reversal, with prices hovering around the $97,000 level. Meanwhile, …

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Beware of dead cat bounce

Most meme coin prices rebounded on Saturday, Dec. 21, after falling for most of the week, with their combined market cap rising by 4.7% to $109 billion. Shiba Inu (SHIB) price rose by 12.6% to an intraday high of $0.00002397. Bonk (BONK), the biggest meme coin in the Solana ecosystem, rose by 20% to $0.000032. Pepe (PEPE) and other popular …

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GraniteShares files for RIOT, MARA, MSTR and HOOD ETFs

GraniteShares, a fast-growing asset manager with over $10 billion, has filed for new crypto-linked exchange-traded funds. On Friday, Dec. 20, the New York-based firm filed for new leveraged ETFs to track companies like Riot Platforms, Marathon Digital, MicroStrategy and Robinhood.  GraniteShares files for new crypto-related ETFs Marathon Digital and Riot Platforms are the two biggest Bitcoin (BTC) mining companies. They …

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Why Crypto Market’s Dip Isn’t the End of the Bull Market?

Are the recent liquidations and falling prices setting the stage for a longer crypto winter, or could this be the breather before another bull run? Crypto market stumbles as year-end draws near As the year winds down, the crypto market seems to be taking a pause after a prolonged bullish run, with the global market cap shedding more than 6% …

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HYPE, BGB, MOVE gain in double-digits amidst Bitcoin correction

Hyperliquid, Bitget token and Movement added between 25% and 50% to their value this week. The three tokens have extended their gains in the past hour.  Amidst Bitcoin’s (BTC) crash under the $100,000 mark and market-wide correction in altcoins, these tokens hold on to their recent gains. An analysis of technical indicators shows it is likely that Hyperliquid (HYPE), Bitget …

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4 reasons it will recover and hit ATH

Bitcoin price has nosedived and entered a technical correction a few days after it surged to a record high. Bitcoin (BTC), which started the week by surging to a record high of $108,250, has erased most of the gains made this month. It has dropped by 13% from the year-to-date high, entering a local correction. Here are four reasons Bitcoin …

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how low can DOGE fall?

Dogecoin price has nosedived as a wave of selling intensified in the crypto industry following the highly hawkish Fed decision. Dogecoin (DOGE) has dropped for five consecutive days, reaching its lowest level since Nov. 11. It has plummeted by almost 45% from its monthly high, entering a deep bear market. Dogecoin’s crash is linked to rising fear in the crypto …

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Pi Network developers issue a crucial mainnet launch update

Pi Network developers have issued an important update on the ongoing Know Your Customer progress and the timeline for the mainnet launch. n an X post, the developers announced that over 18 million pioneers had completed the KYC verification process, with the number growing rapidly. According to the update, over 200,000 pioneers are completing KYC verification daily. However, the developers …

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