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Ethereum (ETH) is experiencing a massive price breakout. The asset has reclaimed the $4,671.71 price point, a level last traded at in November 2021. According to CoinGecko’s Ethereum statistics, ETH’s price is up 8.6% in the daily charts, 30.2% in the weekly charts, 22.5% in the 14-day charts, 53.7% over the previous month, and 75.4% since August 2024. Ethereum (ETH) is currently down by just 4.2% from its all-time high of $4,878.26. Source: CoinGecko Will Ethereum Hit a New All-Time High This Week? If ETH continues to rise at its current pace, it may hit a new all-time high in the next 24 hours. According to CoinCodex ETH analysts, it will continue to rally over the next few weeks. The platform anticipates the asset to trade at $5,558.17 on Aug. 28. Hitting $5,558.17 from current price levels will entail a rally of nearly 19%. Source: CoinCodex What’s Pushing the Asset’s Price? Ethereum’s (ETH) latest upward momentum is likely due to the US CPI numbers com...

Bitcoin is once again grabbing mainstream attention as it’s ready to explore a new ATH altogether. The token is currently sitting at $114K, with analysts predicting explosive growth for the token. Can Bitcoin price truly hit the bar after gracefully breaching $120K, ultimately exploring the $135K mark? One analyst boldly thinks so. Also Read: AI Predicts Price Of Bitcoin, ETH If Trump’s Select A New Fed Chair Analyst On Bitcoin: $135K Could Be A Next Crowning Target For BTC Source: Watcher.Guru Bitcoin is currently sitting at $114K, moving steadily towards a new high. Per Javon Marks, a notable crypto expert, BTC may aim for them for the longer haul, as Bitcoin price is now aiming for a spectacular new high, building support at current levels to hit $135K soon. “Bitcoin’s prices could be BUILDING SUPPORT here after recently breaking above a key resistance area, and next up could be a HUGE climb above the $135,000 level! Prices may only be getting ready to send here…” Bitcoin...

As Bitcoin (BTC) consolidates around the $107,000 mark, on-chain data is showing signs of fatigue, suggesting a potential price move may be imminent. Specifically, the number of large Bitcoin transactions exceeding $100,000 has decreased by 45.3% over the past month. The transactions peaked at around 30,840 on May 22 but fell to just 16,860 by June 29, according to data from the crypto analytics platform IntoTheBlock . Bitcoin whale transaction data. Source: IntoTheBlock The steep decline often signals reduced activity from whales and institutions. This drop indicates potential weakening confidence and thinning liquidity, which increases the risk of Bitcoin slipping below the key $100,000 support level. If large-scale buying continues to wane, the market could face deeper volatility unless new demand emerges. Capital inflow into crypto plunges $20 billion  At the same time, broader cryptocurrency market trends echo this caution. Capital inflows into cr...

New on-chain data indicates that XRP’s ledger is experiencing significant growth, with large holders increasingly accumulating the asset. For the first time in XRP’s 12-year history, 2,708 unique wallets now hold 1 million or more XRP, which is valued at roughly $525,000 or more at current market prices, according to data from Santiment shared on June 16. XRP ledger activity. Source: Santiment This bullish trend is also evident in network activity. XRP’s daily active addresses have soared, averaging over 295,000 per day over the past week. This marks a staggering jump from the typical 35,000 to 40,000 daily average observed over the past three months, an eight-fold surge in user interaction. Impact on XRP’s price Historically, such a convergence of whale accumulation and rising address activity has often preceded significant price movements. The current uptick comes at a potentially pivotal moment for the XRP ecosystem. Notably, the SEC is...

Shiba Inu (SHIB) was launched in August 2020. The project will celebrate its fifth anniversary later this year. SHIB gave incredible results right after its launch. The asset’s price skyrocketed within months of its debut. SHIB rallied by many million percent before hitting an all-time high of $0.00008616 in October 2021. The asset has struggled to regain the same momentum over the last few years. Also Read: Trump Opens Saudi Checkbook: 13 U.S. Stocks at Center of $600B Deal What Pushed Shiba Inu’s Price So High In 2021? Source: StormGain The 2021 bull run was one of the most significant market upswings for the crypto sector. Most assets hit new all-time highs in 2021. SHIB’s price also followed the market trend. Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons The bull run was not the only factor fueling Shiba Inu’s (SHIB) rally. Vitalik Buterin’s massive SHIB burn played a significant role in the asset’s perfo...