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APT token release sparks speculation and price volatility. Assessing…

Journalist Posted: September 12, 2023 4.54 million APT tokens worth $22.81 million are set to be unlocked in less than 24 hours. A negative funding rate has dominated APT as its price continues to decline. Aptos has experienced a stable price trend over the past few days, except for a notable recent drop in value. …

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Arbitrum: Are whales taking advantage of the price dip

Journalist Posted: September 10, 2023 Whale activity around Arbitrum has remained relatively high. Bullish sentiment around ARB surged in the last 24 hours, but metrics were bearish. Like most cryptos, Arbitrum [ARB] has also been witnessing the bears’ wrath as its price moved southwards. In fact, the token underwent another price correction on 10 September …

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Cosmos primed for more downside on the price chart- here’s why

Journalist Posted: September 5, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ATOM was in a firm higher timeframe downtrend. A bounce toward $7-$7.2, while less likely at press time, could present trading opportunities. Cosmos [ATOM] has been in a downtrend …

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5 billion LUNC unstaked, triggers price drop concerns

Over 5 billion LUNC coins were unstaked on 28 August. With bears in control in the last month, the altcoin’s price has continued to decline. Terra Classic [LUNC] saw significant tokens unstaked during the intraday trading session on 28 August, raising concerns about a further price decline. Over 5 billion previously-locked LUNC tokens were unstaked.  …

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Shibarium relaunch sparks BONE price rally, but bearish signals linger

BONE’s price climbed by double-digits in the last week following Shibarium’s mainnet relaunch. However, price growth might be due to hype as no underlying momentum supports the same amongst daily traders. The mainnet relaunch of Shibarium, a Layer-2 (L2) solution for the Shiba Inu [SHIB] ecosystem, on 24 August has sparked a price rally for …

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ATOM drops to critical price level – More shorting gains likely?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bearish momentum looked to flip critical support level to extend sellers’ dominance. Dwindling Open Interest highlighted liquidation of long positions.  The extended bearish action in the crypto market saw Cosmos [ATOM] descend to the …

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Will SHIB drop another 10% as bulls fail to defend this crucial price point?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Shiba Inu was likely to suffer losses in the coming weeks as the bearish trend remained strong. The most recent bounce has faced rejection from the $0.0000086 area- which signaled demand was weak.  Shiba …

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Bitcoin and Ethereum’s price drop sparks options expiry and negative rates

The combined notional value of BTC and ETH options set to expire is around $820 million. BTC and ETH witnessed negative funding rates below -0.1 for the first time in over seven months. According to data from Greeks Live, more than $500 million worth of Bitcoin [BTC] options contracts are nearing their expiration. A similar …

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