The Golden Era of Shorting Altcoins is Over, Says Crypto Expert 0xSun

On April 7, Smart Money and well-known crypto figure 0xSun (@0xSunNFT) shared a candid market update, looking at the dynamics of cryptocurrency trading. For the last two months, 0xSun had employed a steady shorting strategy against altcoins, profiting from the volatility and downside pressure in the market. But now, according to his latest insights, that … Read more

Market Bleeds And Social Media FUD Reaches Historic Levels As Bitcoin Whales Sell Off

The cryptocurrency markets have continued to bleed, with social media now showing historic levels of Fear, Uncertainty, and Doubt (FUD). It’s rare for an hour to pass without more mentions of “sell” than “buy” across crypto forums. In the past 24 hours alone, there have been several instances of this, including the highest ratio of … Read more

Bitcoin and Ethereum Plummet: Market Awaits Ideal Buy Opportunity Amidst Liquidation Fears

Bitcoin has recently fallen to a low of $56.7K, while Ethereum has dropped to $3.1K, prompting many traders to see this as a “buy the dip” opportunity. However, the best strategy might be to wait until the initial rush subsides. The ideal time to buy is when the market sentiment shifts to impatience and skepticism. … Read more

New Tokens On Binance See Sharp Declines In 2024, Reports HC Capital

According to HC Capital, a prominent crypto research platform, all newly listed tokens on Binance in 2024 have experienced significant declines from their all-time highs (ATH). These tokens span diverse sectors, including GameFi, AI, Layer 2, and Layer 3 technologies. The widespread downturn is attributed to several key factors: 1. Market Volatility: Initial hype and … Read more

BeerCoin Faces Turmoil As Team-Linked Wallet Sells Off Massive Holdings

The price of BeerCoin ($BEER) has plummeted over 60% today, as a wallet linked to the BeerCoin team offloaded significant holdings. This wallet, which received 8.88 billion $BEER from the BeerCoin team wallet “8VY4LF…fDd5G2”, sold 8.7 billion $BEER for $1 million over the past two days. Another wallet related to the #beercoin team is selling … Read more

$BLUR Faces Bearish Trends Amidst Crypto Market Rally

Despite a week marked by bullish movements across the cryptocurrency market, the native token of the Ethereum-based Non-Fungible Token (NFT) marketplace, $BLUR, failed to capitalize on the rally. Instead, it experienced a downtrend, trading on the downside throughout the week and witnessing a 10% decrease in its value. Today, an on-chain report shed light on … Read more