The post Internet Computer up 12% after massive short liquidations – Is $4 next for ICP? appeared on BitcoinEthereumNews.com.
Internet Computer [ICP] is up more than 12% in the past 24 hours, coming in third among CoinMarketCap’s top 100 cryptos by gains. The decentralized AI compute play mainly drove the altcoin. Additionally, technical breakout, network activity, and a short squeeze have had a hand in the day’s rally. ICP bulls return, eyeing $4—is it possible? The daily price action chart has surged above the range consolidation that had kept ICP between $2 and $2.80 since February. Following a breakout in the first week of May, Internet Computer rallied above $4 but has been in a correction for the past two weeks. The correction appears to have ended at around $2.50, where it consolidated for around 10 days. Consequently, ICP broke above this range again. The MACD bars have shown seller exhaustion, with the signal and MACD line crossover suggesting bulls’ return. The Average Direct
The post Humanity Price Surges 46% Despite No Clear Catalyst as Short Squeeze Fuels Rally appeared on BitcoinEthereumNews.com.
The post Humanity Price Surges 46% Despite No Clear Catalyst as Short Squeeze Fuels Rally appeared first on Coinpedia Fintech News Humanity price delivered one of the market’s more puzzling moves this week, soaring 46% intraday despite the absence of any major news catalyst. In a market that usually demands a narrative before throwing money at a token, traders appeared happy to skip that step altogether. Instead, the rally seems to have been powered by a … Source: https://coinpedia.org/price-analysis/humanity-price-surges-46-despite-no-clear-catalyst-as-short-squeeze-fuels-rally/
The post On-Chain Data Suggests XRP Still Overvalued Despite Weak Price Action — More Pain For Bulls? appeared on BitcoinEthereumNews.com.
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activit
The post Top 3 Cryptos That Could Deliver Bigger Gains Than Ripple (XRP) Did in the Last Bull Run appeared on BitcoinEthereumNews.com.
Many investors still remember watching XRP explode during past bull runs and feeling they entered too late. That’s why traders are now searching for projects that still look early before the broader market fully heats up again. Some meme coins have already made their biggest move. Others are only starting to build momentum quietly in the background. And in crypto, timing often matters just as much as the project itself. Here are three cryptos traders are watching closely as they hunt for the next major breakout opportunity. One of the hardest parts of crypto investing is realizing the biggest returns usually happen before everyone agrees a project is real. That realization is part of why Little Pepe (LILPEPE) is beginning to stand out among traders seeking earlier-stage opportunities rather than chasing established meme ecosystems. Unlike many meme proj
The crypto market seems to be returning to its bearish structure as the year’s second quarter has worn on, with large-cap assets taking most of the hit in the past few weeks. With this grim market backdrop, the XRP token has lost nearly 10% of its value over the last two weeks. What’s interesting is, despite its disappointing recent form, the altcoin is being earmarked as one of the assets overvalued by the market in the moment. According to the latest on-chain data, the XRP token could witness a repricing over the coming weeks. NVT Ratio Climbs 20% In A Single Week In a Quicktake post on the CryptoQuant platform, CryptoOnchain hypothesized that XRP appears to have entered the “overvalued” territory. The market analyst said that the altcoin is exhibiting increasing divergence between its network’s market valuation and actual fundamental utility. Related Reading: Can Ethereum Reclaim Its 2021 Highs Against Bitcoin As Fundamentals Strengthen? This evaluation is based on significant chang
The post Ethereum’s ‘deeper problem’ – It’s not just macro risk weighing ETH down appeared on BitcoinEthereumNews.com.
On Thursday, Ethereum’s price briefly dropped below $2000 for the first time since late March. In doing so, the king altcoin effectively erased all its Q2 gains. At the time of writing, it was down 19% from its April peak of nearly $2.5K. This week alone, the altcoin has shed 6% of its value. Should it lose the Q2 support zone of $2K, short sellers could push it lower to $1.8K—the range low of the 2026 sideways structure. The pullback mirrored a broader macro-driven correction that also dragged Bitcoin lower. However, according to Nansen, ETH’s weakness showed a “deeper problem.” Source: ETH/USDT, TradingView Negative ETH catalysts: ETF outflows, low network activity In an email statement, Nansen Research analyst Nicolai Sondergaard told AMBCrypto, Gas fees are sitting below 2 gwei, near cycle lows, which signals that network demand is soft. Fewer people are trans
The post CoinDesk 20 performance update: Bittensor (TAO) drops 4%, leading index lower appeared on BitcoinEthereumNews.com.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1975.1, down 0.8% (-14.99) since 4 p.m. ET on Thursday. Three of the 20 assets are trading higher. Leaders: NEAR (+1%) and HBAR (+0.5%). Laggards: TAO (-4%) and ICP (-3.8%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Source: https://www.coindesk.com/coindesk-indices/2026/05/29/coindesk-20-performance-update-bittensor-tao-drops-4-leading-index-lower
The post There’s Hacker Buying Behind Today’s Big Altcoin Surge – They Bought It to Escape appeared on BitcoinEthereumNews.com.
There’s Hacker Buying Behind Today’s Big Altcoin Surge – They Bought It to Escape – Bitcoin Sistemi
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