Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators. While the number of whale wallets has started to decline, on-chain data still reflects elevated interest from large holders. Technically, BTC remains in a consolidation phase, with weak EMA signals and mixed Ichimoku readings. Bitcoin Whales Pull Back: Early Sign of Fading Confidence? The number of Bitcoin whales—wallets holding between 1,000 and 10,000 BTC—has declined slightly in recent days, dropping from 2,015 on April 14 to 2,010 by April 16. This pullback comes just after the metric hit its highest level since May 2024, suggesting a potential shift in sentiment among large holders. While the drop may seem small, movements in whale behavior often precede broader market trends, making even slight changes worth watching. Bitcoin Whales. Source: Santiment. Whale activity is a key on-chain signal because these large holders can signific
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AI coins continue to draw attention as April nears its end, with Render (RENDER), Story Protocol (IP), and CLANKER standing out. RENDER has led the pack, surging nearly 17% this week and reclaiming a $2 billion market cap. In contrast, Story (IP) is down 6.5%, the worst performer among the top 10 AI tokens, while CLANKER dropped over 7% in the last 24 hours. With momentum shifting across the sector, all three tokens are positioned at key technical levels that could define their next move. RENDER Render Network provides decentralized GPU computing power for creators, developers, and artificial intelligence applications. Its infrastructure supports rendering for 3D graphics, visual effects, and artificial intelligence model training. RENDER Price Analysis. Source: TradingView. RENDER, the network’s native token, has surged nearly 17% over the past week, pushing its market cap back above $2 billion. It was the top performer among the ten largest AI coins in the market. If the bullish momentum holds, RENDER could
The crypto market is going nowhere at the moment, stabilizing instead of rallying or crashing. However, this is not stopping meme coins from noting extravagant rallies as displayed by MANEKI. BeInCrypto has analyzed two other meme coins that, while not experiencing explosive growth, are still generating enough market movement to make them important assets to watch. MAGIC•INTERNET•MONEY (Bitcoin) (MIM) Launch Date – February 2025 Total Circulating Supply – 21 Billion MIM Maximum Supply – 21 Billion MIM Fully Diluted Valuation (FDV) – $65.54 Million MIM experienced an eventful week with sharp rallies early on, followed by slight declines in the past few days. Currently trading at $0.003026, this meme coin has garnered attention due to its performance as a Bitcoin-based token. Despite recent declines, MIM has surged by 64% over the past week. The token’s unique positioning as a meme coin on Bitcoin adds to its intrigue, especially as meme coins expand into different blockchain ecosystems. This trend indicates gr
Despite Bitcoin’s [BTC] sharp swings near the $85,000 mark, data is showing strength rather than strain. Nearly 90% of BTC holders remained in profit, signaling one of the healthiest market structures in Bitcoin’s history.
Hyperliquid [HYPE] saw its Total Value Locked (TVL) shrink from $636 million in the first week of March to $230 million a month later, according to data from DefiLlama. One of the drivers of this exodus of capital was the way the Hyperliquid platform handled the JELLY saga.
After being in a downtrend for over 90 days, Dogecoin [DOGE], the largest memecoin, appears to be breaching its prolonged descending trendline. This trendline has a strong history of triggering selling pressure, but this time, sentiment seems to be shifting as whale activity and trader confidence skyrocket.
Amid market uncertainty, Shiba Inu [SHIB] appears bearish and is poised to continue its downward momentum. This negative outlook is likely driven by bearish price action and weak interest from traders and investors.
Bitcoin [BTC] network adoption has dipped to ‘bear market’ levels and could derail any expected strong recovery in the short term. According to on-chain analyst JA Maartun, BTC network activity ‘slowed’ below the yearly Moving Average (365-day MA). This mirrored ‘bear market’ levels seen in 2022 and 2018.
The simultaneous rallies of Bitcoin and gold are rare but noteworthy events in financial markets. Historically, these instances have been associated with specific economic conditions, investor behaviors, and market dynamics.