Bitcoin Hype May Have “Passed,” But Is “Healthy” Before Pushing To New Highs
Bitcoin price is well above $50,000, but there’s no denying that some of the momentum that the asset had to start the year has been lost. Volatility lowering also could suggest that the “hype run” might have “passed” for the time being. But rather than see a sizable correction, Bitcoin price action could instead trade […]
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Uniswap’s UNI token launch generated massive hype for around 24 hours, leading the token’s price to surge up to highs of $8.50 before the hype faded and the cryptocurrency’s price plunged lower. It doesn’t appear that the hype will return anytime soon, as the token has since erased the vast majority of its gains and […]
SushiSwap’s native token, SUSHI, has undergone a strong rally over the past 24 hours. The leading cryptocurrency is up 10% in the past 24 hours, pushing to multi-week highs after a few days of slow price action. SUSHI’s rally comes as Bitcoin has thrust higher, pushing to new all-time highs at $29,500. The leading cryptocurrency […]
According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of the decentralized exchange Hyperliquid. Related Reading: Bank of America to Consider Stablecoins After Crucial Crypto […]
HYPE has been setting new all-time highs above $70 as the market faces selling pressure and uncertainty that has weighed on most assets across the crypto ecosystem. The divergence between HYPE’s performance and the broader market weakness has been one of the defining stories of recent weeks — and data from Lookonchain has surfaced a specific trade that captures the magnitude of what has been building in this asset over the past six months. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 Six months ago, a trader identified as wallet....
Hyperliquid (HYPE) has climbed to fresh highs for the first time since November, bringing the market’s focus to the next potential price target. Recent chart analysis shared by @ArdinNSC on X points to a developing continuation structure built on a local accumulation trend. With multiple upside levels already cleared, the technical framework now centers on […]