New wallets and fresh capital entering the market

According to blockchain analytics platform Lookonchain, whales have been accumulating altcoins in significant amounts since yesterday evening. These whales appear to be new entrants to the market, bringing in fresh capital.

One whale withdrew 870,827 Uniswap (UNI) from OKX this morning, worth approximately $8.5 million. At the same time, another whale was spotted purchasing 7.69 million Bluzelle (BLZ) worth $2.16 million from Binance. Both of these whales’ wallets hold no other tokens besides UNI and BLZ.

PEPE gains traction as whales accumulate

Two different whale addresses have withdrawn a total of 303.4 billion PEPE from Binance and OKX exchanges since yesterday evening. This represents $3.8 million. One of these whales had also invested in PEPE in recent weeks. Their wallet holds a total of 438.5 billion PEPE.

PEPE, one of the largest meme coins with a market capitalization of $5.3 billion, entered this week with a 1.9% increase.

TRB also on the whales’ radar

According to Etherscan records, another whale purchased 20,628 TRB ($1.9 million) from Binance.

Blockchain data reveals whales’ holding power

According to blockchain data, none of these whales have sold any of these tokens so far.

The surge in whale activity suggests renewed confidence in the altcoin market. Whether this buying spree will translate into sustained price gains remains to be seen.

The post Whales Accumulate Four Altcoins From the Market: $16 Million Purchase appeared first on Coin Engineer.

Bitcoin is currently showing a sideways movement. However, the market may start to become active soon. The reason for this is the expected announcement of the Federal Reserve (Fed) interest decision tomorrow and the subsequent speech by Federal Reserve Chairman Powell. Also this week, US economic data will be released, and all this data can have a significant impact on Bitcoin. Powell’s speech could especially have a significant impact on the markets.

You might like: FED Interest Rate Decision, Weekly Developments!

The Latest Status in Cryptocurrencies – 31 October

‣ Bitcoin (BTC) BTC/USD pair is trading at 34264 dollars level with a 0.75% decrease. Resistance levels for BTC are in the range of 36000 dollars – 39800 dollars, while the support levels are in the range of 31000 dollars – 30200 dollars.

‣ Ethereum (ETH) ETH/USDT pair is trading at 1802 dollars level with a 0.44% decrease. Resistance levels for ETH are in the range of 1885 dollars – 1960 dollars, while the support levels are in the range of 1815 dollars – 1789 dollars.

‣ Dydx (DYDX) DYDX/USD pair is trading at 2.39 dollars level with a 1.89% decrease. Resistance levels for DYDX are in the range of 2.59 dollars – 2.74 dollars, while the support levels are in the range of 2.27 dollars – 2.00 dollars.

‣ ApeCoin (APE) APE/USD pair is trading at 1.35 dollars level with a 1.94% decrease. Resistance levels for APE are in the range of 1.40 dollars – 1.60 dollars, while the support levels are in the range of 1.30 dollars – 1.09 dollars.

‣ Bluzelle (BLZ) BLZ/USD pair is trading at 0.317 dollar level with a 13.63% increase. Resistance levels for BLZ are in the range of 0.323 dollar – 0.394 dollar, while the support levels are in the range of 0.287 dollar – 0.262 dollar.

You can freely share your thoughts and comments about the topic in the comment section. Please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news.

The post The Latest Status in Cryptocurrencies! – 31 October appeared first on Coin Engineer.

The support of 34,000 dollars for Bitcoin works well but the wicks being thrown under seem to hit the strong support. If we see clear closings below this support point in 4-hour intervals, we could see pullbacks in Bitcoin.

You might like: 9GAG Memeland Project Earned $10 Million Instantly!

The Latest Status in Cryptocurrencies – October 27

‣ Bitcoin (BTC) The BTC/USD parity is trading at the level of 34175 dollars with a decrease of 0.03% at the time of writing. For BTC, resistance levels are in the range of 36000 dollars – 39800 dollars, while support levels are in the range of 31000 dollars – 30200 dollars.

‣ Ethereum (ETH) The ETH/USDT parity is trading at the level of 1792 dollars with a decrease of 0.65% at the time of writing. For ETH, resistance levels are in the range of 1885 dollars – 1960 dollars, while support levels are in the range of 1815 dollars – 1789 dollars.

‣ Tomo (TOMO) The TOMO/USD parity is trading at the level of 1.97 dollars with a decrease of 4.97% at the time of writing. For TOMO, resistance levels are in the range of 2.00 dollars – 2.29 dollars, while support levels are in the range of 1.50 dollars – 1.34 dollars.

‣ Liquity (LQTY) The LQTY/USD parity is trading at the level of 1.84 dollars with a decrease of 8.88% at the time of writing. For LQTY, resistance levels are in the range of 2.48 dollars – 2.97 dollars, while support levels are in the range of 1.73 dollars – 1.34 dollars.

‣ Bluzelle (BLZ) The BLZ/USD parity is trading at the level of 0.22 dollars with a decrease of 5.04% at the time of writing. For BLZ, resistance levels are in the range of 0.26 dollars – 0.28 dollars, while support levels are in the range of 0.21 dollars – 0.17 dollars.

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post The Latest Status in Cryptocurrencies! – October 27 appeared first on Coin Engineer.

Bitcoin has witnessed a slight increase, reaching a level of 26,900, but uncertainty regarding its direction continues. In Bitcoin, CPI data and unemployment benefits data may need to be awaited to witness fluctuation. Severe fluctuations can occur in cryptocurrencies. In such cases, it is correct to monitor the market from a distance. The critical support level for Bitcoin is 26,400, and the resistance level is 27,200.

You might like: Caroline Ellison Goes to Court! Accuses SBF!

The Latest Status in Cryptocurrencies – 12 October

The post The Latest Status in Cryptocurrencies! – 12 October appeared first on Coin Engineer.

Before the announcement of the FED interest rate decision at 9:00 PM, the symmetrical triangle formation observed in Bitcoin could potentially rise to levels around $27,800 if there is an upward breakout. However, if this formation experiences a downward breakout, we could target levels around $26,600.

You might like: What is BakeryToken (BAKE) ?

The Latest Status of Cryptocurrencies

‣ Bitcoin (BTC) BTC/USD pair is trading at $27,234 with a 0.02% decrease. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are in the range of $25,400 to $25,000.

‣ Ethereum (ETH) ETH/USDT pair is trading at $1,638 with a 0.37% decrease. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are in the range of $1,550 to $1,465.

‣ Bluzelle (BLZ) BLZ/USD pair is trading at $0.202 with a 3.30% decrease. The resistance levels for BLZ are in the range of $0.235 to $0.257, while the support levels are in the range of $0.195 to $0.164.

‣ Liquity (LQTY) LQTY/USD pair is trading at $0.84 with a 3.76% increase. The resistance levels for LQTY are in the range of $0.87 to $0.92, while the support levels are in the range of $0.81 to $0.77.

‣ Storj (STORJ) STORJ/USD pair is trading at $0.39 with a 6.77% decrease. The resistance levels for STORJ are in the range of $0.42 to $0.50, while the support levels are in the range of $0.33 to $0.29.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram  ,YouTube and Twitter channels for the latest news and updates.

The post The Latest Status of Cryptocurrencies ! – September 20 appeared first on Coin Engineer.

Bitcoin has entered a new week, but it has not yet managed to surpass the $26,000 level, and the weekly closing currently looks good. Sideways movement in Bitcoin may continue for a while.

You might like: More Than Half of Turkish People Are Crypto Investors

The Latest Status of Bitcoin and Cryptocurrencies

• Bitcoin (BTC) is trading at $25,985 with a 0.23% decrease against the USD. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are between $25,400 and $25,000.
• Ethereum (ETH) is trading at $1,636 with a 0.02% decrease against USDT. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are between $1,603 and $1,550.
• Dydx (DYDX) is trading at $2.07 with a 1.96% increase against the USD. DYDX has resistance levels in the range of $2.17 to $2.30, while its support levels are between $2.02 and $1.88.
• Aptos (APT) is trading at $5.52 with a 1.15% increase against the USD. APT’s resistance levels are in the range of $6.08 to $6.69, while its support levels are between $5.40 and $4.93.
• Bluzelle (BLZ) is trading at $0.141 with a 9.98% increase against the USD. BLZ has resistance levels in the range of $0.152 to $0.175, while its support levels are between $0.123 and $0.101.

You can share your opinions in the comments about the topic. Also, follow us on Telegram, Twitter, and YouTube for more content like this.

The post The Latest Status of Bitcoin and Cryptocurrencies! – September 4 appeared first on Coin Engineer.