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Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than 7% amid the developments. FTT joined today’s broad-based altcoin rallies with a significant surge. While the altcoin narrative boosted the alt’s sentiments, the latest announcement from Backpack exchange added to the bullish momentum. Backpack has launched a non-profit platform to help victims of the collapsed FTX exchange liquidate their bankruptcy […]

Key takeaways ADA is approaching $0.9 after rallying by over 10% in the last 24 hours. The coin could soon overtake Tron’s TRX to become the 9th-largest crypto by market cap. ADA rallies higher as altcoins dominate Bitcoin rallied to a new all-time high of $123k on Monday, but altcoins have taken over the show since then. Memecoins such as Dogecoin, Shiba Inu, Floki, Fartcoin, SPX, TRUMP, and Bonk led the way for most of the week, with most of […]

RSI has climbed to almost 85, flagging potential overbought conditions. Volume has risen sharply, driven by retail trader participation. Technical breakout from ascending triangle remains intact. XRP has staged a powerful rally, climbing to $3.45 after months of subdued price action. The Ripple-affiliated token, which had remained below $2.20 for a prolonged period, has now broken through key resistance levels with strong momentum. Source: CoinMarketCap The recent price action has captured market attention, as technical indicators, surging volume, and a […]

Weekly close could confirm a breakout and a rally setup. Pattern mirrors October 2023’s 600 % surge. A breakout could shift sentiment across meme coins. Dogecoin (DOGEUSD) is now trading at $0.2416, up 12.48 % in the past 24 hours, after breaking above a seven-month descending trendline that has capped its price since December. This move positions DOGE for its strongest rally of the year. Source: CoinMarketCap If the weekly candle closes above this resistance on Sunday, analysts anticipate a potential move […]

Whale buy Ethereum amid strong buying pressure. Institutional adoption continues with SharpLink Gaming’s massive purchases. Analysts predict ETH could explode amid numerous catalysts. Ethereum, the second-largest cryptocurrency by market capitalization, is eyeing a major breakout as price hovers above the $3,500 mark. Part of the bullish outlook is down to on-chain activity, with data showing a massive wave of whale accumulation. The accumulation adds to the growing institutional demand for the top coin, with SharpLink Gaming’s recent purchases a significant […]