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At press time, PENGU’s market was bullish after recent gains, but it may be likely to fall by 24%-40% Swing traders can wait for key liquidation levels to be swept, before looking to enter trades Pudgy Penguins [PENGU] has rallied by 137% in a fortnight, flipping its market structure decisively bullish in the process. The early February resistance at $0.0135 was tested as resistance and at press time, the $0.0108 support level seemed to be holding PENGU up. Bitcoin’s [BTC] move higher by 15% over the past two weeks has given many altcoins room to breathe. Not all altcoins managed…

The on-chain analytics firm Glassnode has revealed in a report how sell-side pressure may see an uptick from Bitcoin long-term holders around this price level. Bitcoin Long-Term Holder Profit Will Hit 350% At 99,900 In its latest weekly report, Glassnode has talked about the latest trend related to the Bitcoin long-term holders. The “long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since more than 155 days ago. The LTHs make up for one of the two main BTC holder cohorts divided on the basis of holding time, with the other side being known…

The $MOVE token has seen a sharp dump recently due to malicious activities from market makers, the internal team, and a past sell-off from Web3Port Labs in December 2024.$MOVE Downed more than 80% since ATHMovement Network’s native token, MOVE, has experienced a precipitous decline, falling over 80% from its ATH of $0.25, with current prices hovering around $0.19-$0.25 as of May 2, 2025. This significant erosion in value was exacerbated by a critical development on May 1, 2025, when Coinbase, a leading cryptocurrency exchange, announced the suspension of MOVE trading effective May 15, 2025, citing the token’s failure to meet…

Kelp, the 2nd-largest liquid staking platform operating in KernelDAO ecosystem, has recently announced the integration of Chainlink Proof of Reserve. The integration of Chainlink Proof of Reserve permits Kelp to offer $rsETH’s secure minting. The platform disclosed this integration in the latest press release shared on its official web portal. .@KelpDAO is integrating Chainlink Proof of Reserve Secure Mint to enhance the security and transparency of rsETH.By leveraging Chainlink Proof of Reserve Secure Mint, Kelp can programmatically enforce 1:1 collateralization, ensuring that new tokens are only minted when… https://t.co/gbLFyMZbYA pic.twitter.com/hFulkOT2Yo— Chainlink (@chainlink) May 1, 2025 Kelp Provides Secure $rsETH Minting…

Swiss-based Bitcoin startup Relai has announced a strategic partnership with Sygnum Bank to launch Bitcoin-backed loans for high-net-worth individuals (HNWIs), enabling users to access liquidity without selling their Bitcoin, according to a press release sent to Bitcoin Magazine. The service marks the first of its kind in Switzerland and merges Relai’s intuitive Bitcoin investment platform with Sygnum’s regulated digital banking infrastructure. Through this offering, Relai’s Private clients can unlock the value of their Bitcoin holdings for financial flexibility or investment without sacrificing their long-term crypto positions.  “At Relai, we’re building the future of Bitcoin-focused financial services. This partnership with Sygnum…

Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment. Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market cap memecoins, Santiment marketing director Brian Quinlivan said in a May 1 blog post.“Online discussions about these high-risk tokens have proliferated as traders embrace a gamble mindset, rather than a calculated investment approach,” he said.“This is a telltale sign that traders are increasingly investing based solely…

Important update: since the initial publication of this post, Lodestar has published a new release, v1.15.0, which Holesky users must upgrade to prior to Dencun’s activation on February 7th. Additionally, Prysm and Nimbus have both published highly recommended releases for Holesky. Prysm users are encouraged to use v4.2.1, and Nimbus users v24.2.0. Goerli blobs are here: Dencun went live on Goerli at 6:32 UTC on January 17, 2024. You can now use blobs there!Sepolia and Holesky will upgrade over the next two weeks. Dencun will activate on Sepolia at epoch 132608 (January 30th, 22:51 UTC), and on Holesky at epoch…

Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment. Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market cap memecoins, Santiment marketing director Brian Quinlivan said in a May 1 blog post.“Online discussions about these high-risk tokens have proliferated as traders embrace a gamble mindset, rather than a calculated investment approach,” he said.“This is a telltale sign that traders are increasingly investing based solely…

A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure […]

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