Author: Kelvin Munene

Kelvin is an experienced crypto journalist with over 6 years of experience. He has over 10, 000 works published under his profile in several media sites in the crypto, Web 3 and Finance sectors.

Bitcoin prices have continued their surge and, on Wednesday, were approaching nearly $66,000. That has triggered over $200 million in liquidations across the broader crypto market. BTC was trading at $65,383.14 at press time, a 3.45% surge from the intra-day low. Source: CoinMarketCap Data from Coinglass indicates that over the past 24 hours, more than $65.2 million in Bitcoin derivatives positions have been liquidated. This includes $34.8 million in BTC short liquidations, coupled with $28.15 million in BTC long liquidations, primarily through crypto exchanges OKX and Binance. More so, if Bitcoin continues its rally closer to all-time highs, there will…

Read More

Over the last 24 hours, Pepe (PEPE) has been blowing off the hinges as far as trade volumes and market capitalization go. Trade in PEPE has shot up by 150% over the previous 24 hours, totaling $2,122,086,653 in trade value. In the same light, it was also met with a 29.61% increase in price to fetch $0.00001213 for PEPE. This made the market cap for PEPE spike by 28% to $5,101,943,131, holding position 22 at the top. Pepe Price Analysis_ PEPE Price Surges 29% as Trading Volume Skyrockets Source: CoinMarketCap Venture Capital Firm Nascent’s Large-Scale Acquisition One central development in…

Read More

Over the last 24 hours, Notcoin (NOT) has risen in price. The cryptocurrency has changed to the upward side from $0.01537 to $0.01613, gaining 5.38%. The development in the chart shows that this upsurge comes after consolidation or a downtrend. That move has been rather explosive, with trading volume spiking by 51.52%. NOT/USD 1-day price chart (source: CoinMarketCap) Since the higher volume of trading would reflect higher investor interest, it also might help in sustaining the current upward movement. Also, the market capitalization in NOT has grown by 5.27%, reaching #52 in the ranking markets. Technical Analysis and Key Levels…

Read More

The Shiba Inu (SHIB) price has experienced a slight recovery in the last day and is currently trading at $0. 00001743, which is a 2. 50% jump. This surge has happened when there has been heightened activity in the market and the interest of investors with the 24 hour trading volume rallying to $258,667,781, an increase of 18. 77%.In the last day, SHIB has been on the rise and its price fluctuated from $0.000017 to $0.0000176 and now is stable. Source: CoinmarketCap New Marketplace and ETF Developments The Shiba Inu team has recently disclosed its plans to establish the ‘SHIB…

Read More

Pepe (PEPE) is having the latest big trouble, with its whale transaction volume dropping to $48 million. Off highs of $190 million on July 5, this indicates lower interest from big investors. Consequently, the price of Pepe has manifested lower volatility and struggles to hold on to essential support levels.  According to data from Coinglass, for the past 24 hours, liquidation on Pepe went past $1.51 million as buyers liquidated over $1.3 million worth of positions. This has resulted in a bearish mood among investors and suppressed the value of the token. Market Recovery and Its Effects on Pepe Despite…

Read More

Although the U.S inflation report came in positive, Bitcoin is struggling and cannot break through a particular level. The Consumer Price Index (CPI) went down for the first time in four years and this initially boosted the stock markets and raised hopes of a Federal Reserve interest rate cut. Source: CoinMarketCap High-risk assets, amongst which Bitcoin can be included, experienced only temporary relief. However, Bitcoin bulls failed to keep up with the move, with its price losing to $57,000 on Friday. German Government’s Bitcoin Sales Intensify The intensified sell-off of Bitcoin by the German government has created a huge market…

Read More

In the last 24 hours, Pepe’s (PEPE) price has been bullish after establishing support at the intra-day low of $0.000009005. Bulls pushed the PEPE price to an intra-day high of $0.000009381 before facing stiff resistance. PEPE was trading at $0.000009315 at press time, a 2.05% surge from the intra-day low. Source: CoinMarketCap For PEPE, market capitalization in the rally rose 1.90% to $3,912,253,379 and the 24-hour trading volume declined 21.18% to $536,265,226. Whale Activity Sparks Market Speculation Notably, of late market activity in the PEPE markets, there is overwhelming activity of major whale transactions. A major whale address, 0x88a14933, sent…

Read More

In the past 24 hours, Notcoin (NOT) has posted massive trading activity as one of the top game tokens on Telegram in the wake of general market recovery. The token was trading at $0.01614, meaning an increase of 2.38% from the intraday low. According to CoinMarketCap, Notcoin’s market capitalization currently stands at $1.6 billion as it continues to be traded at a volume of $502 million, which is down 44%. Source: CoinMarketCap Notcoin (NOT) Recent Performance Notcoin started the week positively, building on gains made over the weekend. The token surged 15% over the weekend, from $0.00912 to highs of…

Read More

The Cardano (ADA) market has favored bullish momentum over the past 24 hours. During this rally, the ADA price swayed between an intraday high and low of $0.3789 and $0.3601, respectively. At press time, ADA continued in its uptrend, with the price changing hands at $0.3738, showing an increase of 3.05% from the intraday low price. At the same time, the market capitalization of ADA increased by 3% and its 24-hour trading volume had increased by 20% to $13,411,675. ADA’s Upward Trend Despite Market Fluctuations Cardano (ADA) is being resilient and rallying through all the swings in the market. The…

Read More

A precarious week is ahead for Bitcoin as recent price action is dubbed a “dead cat bounce” — traders fear another downturn. This makes the sentiment rather heavily bearish compared to last week’s close, which was the lowest in four months. Traders are worried about a “double top” formation that indicates BTC could dip below the $50,000 mark. The latest sell-off, prompted by actions of both the U.S. and German governments, coupled with Mt. Gox creditor reimbursements, has enhanced market fears. With #Bitcoin closing its weekly below the May low, the strength on Friday makes we think more of a…

Read More