Lipika Deka

Lipika Deka

Bitcoin

Bitcoin’s $100K Floor: A Strong Demand Zone Emerges

After Bitcoin’s recent rally and subsequent correction, market investors are closely monitoring potential support levels. As per onchain data, a significant demand zone for BTC has formed just below $100k. This indicates that a large number of addresses totaling 1.45 million have accumulated BTC at an average price of $97.5k. ... Read more

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XRP

XRP on Fire! $272M in Shorts Liquidated?

The XRP market is heating up as a potential short-squeeze scenario emerges. Data from Coinglass states that a whopping $272.3 million worth of XRP short positions face liquidation risks if the altcoin breaches the $3 mark. This significant exposure to short positions could lead to a potential short squeeze and ... Read more

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Ethereum

Hot Realized Cap: Ethereum’s Demand is Heating Up!

Ethereum, often dubbed as the pioneer of smart contracts has faced competition from other altcoins like Solana. While SOL experienced a period of strong demand, ETH’s demand was relatively stagnant. However, a recent surge in its Hot Realized Cap suggests a resurgence in the world’s largest altcoin. A recent report ... Read more

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CRV

Curve Founder’s 1.08M CRV Buyback Sparks Optimism

In a notable move, Michael Egorov, the founder of Curve Finance, purchased 1.08 million CRV tokens worth roughly $1.2 million. This significant buyback comes after a period of relative inactivity and is Egorov’s first major CRV purchase since the liquidation event on June 13th. Egorov’s purchase has sparked interest and ... Read more

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Ripple

Ripple’s RLUSD Decoded: Why Early Prices Might Fool You

Ripple’s newest stablecoin RLUSD has generated significant buzz since its launch. While the stablecoin project holds promise, industry experts caution against impulsive buying decisions, as initial market dynamics may lead to temporary price fluctuations. First is the supply crunch possibility. In the early stages of a stablecoin’s launch, supply shortages ... Read more

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OKX Lists GOAT

OKX Lists GOAT: AI Meme Coin Takes Center Stage

OKX, a leading global cryptocurrency exchange, has announced the listing of GOAT for spot trading. As per the blog post, trading will go live at 6:00 PM (UTC+8) on December 12, 2024. Goatseus Maximus is an AI concept meme coin on the Solana blockchain, the brainchild of a semi-autonomous AI ... Read more

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AAVE

AAVE Erupts! Whale Activity Ignites Massive Rally

AAVE, a leading DeFi protocol has soared beyond the $300 mark for the first time since November 2021. This unprecedented surge is attributed to a combination of factors, including increased whale activity and positive market sentiment. Data shared by Santiment showed that the “Mean Dollar Invested Age” of AAVE coins ... Read more

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PEPE

PEPE Soars: A $3K Investment Turns Into $73M

PEPE led the meme coin troupe to emerge as one of the standout winners amid the broader market slump. Fueling this frenzy is Elon Musk’s latest tweet, which called a Pepe meme a “demented nightmare,” triggering a wave of bizarre and hilarious responses, further boosting its viral appeal. Beyond the ... Read more