Avalanche (AVAX) price is among the few altcoins showing signs of further drawdown over recovery. To make it even more difficult for the altcoin is that even the AVAX investors are not expecting a rally. Is Avalanche Doomed to Correct? At the time of writing, Avalanche’s price is trading under $40, following corrections and a minor recovery in the last couple of days. While hopes of a further price increase arise in the market, such is not the case with AVAX. This is because the altcoin is witnessing the first Death Cross in nearly a year. A Death Cross occurs when a short-term 50-day Exponent ..read more

Currently, traditional assets are continually debased due to overproduction and inflation. Bitcoin emerges as a beacon of stability with its immutable scarcity and superior monetary properties. As the next Bitcoin halving approaches, experts and market analysts spotlight BTC as the ultimate tool for long-term savings. Bitcoin: the Ultimate Savings Tool According to a new report, Bitcoin’s unique attributes position it ahead of traditional savings instruments. Joe Burnett, researcher at Unchained, explained that the upcoming Bitcoin halving, which will reduce the block reward from 6.25 BTC to 3 ..read more

Cardano’s (ADA) price followed the broader market cues, which declined by more than 25% on the daily chart over the weekend. As ADA gears up for a potential recovery, investors display bullish signals that may pave the way for a rally in the cryptocurrency. Cardano Investors Can Take Back Control Cardano’s price has historically reacted to ADA holders’ actions, which could be key to recovery. The whale investors conducting transactions on the network are increasing their holdings. The addresses holding between 1 million to 10 million ADA have purchased more than 30 million ADA worth $14.6 mill ..read more

Chainlink (LINK) price successfully validated a bearish outcome set towards mid-March but is now looking to reclaim losses. The altcoin is expected to receive support from investors who incurred substantial losses over the past two days, potentially contributing to its recovery. Chainlink Investors Act Bullish Following the massive drawdown that resulted in nearly a 30% decline in Chainlink’s price, LINK holders want to take back said losses. Their intention is visible in their recent actions, which primarily target holding off selling. This can be verified by distributing the investors conduc ..read more

Bitcoin’s (BTC) price is reeling from the recent corrections, and to boost the recovery, a major development took place on Monday. Will this event cause BTC’s climb back to $70,000 and potentially a new all-time high? Bitcoin Finds Approval in Hong Kong Bitcoin’s price showed signs of recovery as the biggest cryptocurrency in the world found acceptance in Hong Kong. The country approved the applications of spot Bitcoin and spot Ethereum ETFs on April 15, becoming the second region in the world after the United States. Given the event’s magnitude, this approval will catalyze the potential recov ..read more

Ethereum’s Vitalik Buterin has publicly endorsed RailGun. This is a DeFi protocol designed to enhance anonymity for crypto transactions. Buterin highlighted the protocol’s capabilities in protecting user privacy without compromising security, causing RailGun’s token to soar. Vitalik Buterin’s Nod to RailGun Buterin has underscored the critical role of privacy in cryptocurrency transactions, particularly following revelations that he has utilized the privacy-focused tool RailGun to conceal his transaction details. He has actively engaged with RailGun, evidenced by a recent 100 ETH transfer valu ..read more

EOS has introduced Wrapped RAM (WRAM), a significant step in tokenizing real-world assets (RWAs) within its ecosystem. This new development aims to enhance the liquidity and accessibility of Random Access Memory (RAM), a crucial but finite resource on the EOS platform. EOS’ Wrapped RAM to Transform Markets RAM is vital for the operation of decentralized applications (dApps) and the execution of transactions on the EOS blockchain. Traditionally, managing and trading RAM within the EOS system required direct interactions through the network’s Bancor Automated Market Maker (AMM). The creation of ..read more

Cryptocurrency exchange OKX has expanded its offerings by introducing two trending meme coins, Dogwifhat (WIF) and Cat in a Dog’s World (MEW). This move capitalizes on the growing popularity of meme-based digital currencies. With these new listings, OKX aligns with the current surge in meme coin interest across the crypto market. Meme Coins Lead the Recovery After Weekend’s Market Crash OKX announced the initiation of spot trading for WIF and MEW against the Tether (USDT) stablecoin. Starting today, users can deposit these tokens, with WIF trading kicking off at 9:00 AM UTC. Shortly thereafter ..read more

Grand Base experienced a devastating hack and a significant security breach that shocked the DeFi community. The exploit, driven by a compromised private key, led to unauthorized transactions that have shaken investor confidence and spotlighted vulnerabilities within the DeFi ecosystems. DeFi Hack: Over $2 Million Vanishes Early reports from blockchain security firm Certik reveal that the breach occurred when a malicious actor accessed the Grand Base deployer’s wallet. This entity initiated transactions, leading to a dramatic sell-off of assets worth approximately $2 million. This action cause ..read more

Gala (GALA) accumulation from whales could position the price for a more significant recovery. This anticipated ascent is primarily attributed to the heightened bullish sentiment among investors, which is expected to propel the price upwards again. Gala Investors Back Potential Price Rise Gala price fell victim to the broader market cues after the altcoin corrected by nearly 28% in the span of 48 hours. However, this did not discourage GALA holders; instead, it acted as a bullish trigger for a certain cohort – whales. These large wallet holders moved to accumulate more GALA in the moments of t ..read more