Aster (ASTER): Massive Million-Dollar Accumulation

While developments continue regarding the resolution of the U.S. government crisis, Aster (ASTER) whales have accelerated their purchases. In the past 24 hours, whales have bought 4.93 million ASTER tokens, increasing their holdings by about 8.7% to 61.45 million ASTER. The total market value of these purchases is estimated at around $5.52 million.

Technical indicators show that ASTER has broken above its $1.11 resistance, forming a new upward channel. When a descending channel pattern breaks to the upside, it usually signals a trend reversal. The On-Balance Volume (OBV) indicator is also gradually gaining upward momentum, pointing to a natural buying pressure supporting price movement. According to analysts, if the price holds above $1.11, ASTER could initially target $1.29, followed by the $1.42–$1.59 range. However, if the price drops below $1, there is a risk of correction down to $0.81. This scenario indicates that whales may be taking early positions in Aster, anticipating a potential market recovery.

Pendle (PENDLE): Smart Money Bets on a Rally

Pendle (PENDLE), a DeFi project with a solid infrastructure, has also entered whale accumulation territory over the past 24 hours. Large investors have purchased 410,000 additional PENDLE tokens, raising their total holdings to 196.33 million tokens, equivalent to approximately $1.19 million in new inflows.

Technically, PENDLE is maintaining its $2.50 support level and forming an upward structure. The critical resistance is at $3.45; breaking above it could send prices toward the $3.93–$5.23 range. The Smart Money Index has also turned upward, forming higher highs since November 5, confirming that professional investors are quietly taking long positions. A break above $3.45 could generate strong short-term momentum for PENDLE, though a dip below $2.50 may weaken the bullish scenario.

Uniswap (UNI): Millions in Additional Whale Purchases

DeFi giant Uniswap (UNI) continues to attract both institutional investors and whales. In the past 24 hours, UNI whales have increased their holdings by 8.96%, reaching 11 million UNI tokens. These purchases amount to roughly $9.37 million in total value.

UNI’s price surged nearly 80% during the week, reaching $9.50. However, technical indicators suggest caution. The price remains within a falling broadening wedge pattern, which often signals a trend reversal. A breakout above $10.77 could open the path toward $12.34 and higher targets. On the other hand, the RSI indicator shows a hidden bearish divergence, hinting at a possible slowdown or short-term correction. For UNI to sustain its bullish momentum, holding above $9.53 is crucial. A drop below $8.67 would indicate potential short-term weakness.

Whale Preference: DeFi and DEX Tokens

Data shows that whales are focusing on DeFi projects in response to expectations surrounding the U.S. government’s reopening. Accumulations in projects like Aster, Pendle, and Uniswap not only reflect short-term technical improvements but also signal renewed confidence in the DeFi sector. As macroeconomic uncertainty decreases, investors may view these whale movements as early indicators of a potential upward trend.

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The post As the U.S. government shutdown nears its end, which altcoins are whales accumulating? appeared first on Coin Engineer.

Leaks Ignite Investor Interest!

According to research from crypto analytics platform Definalist, Boroski’s development is in its final stages. Experts revealed that Boroski, which remained under the radar for nearly six months, has activated a limited-access test panel about a week ago, accessible only to project administrators for now.

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The leak suggests that Boroski is currently trialing its promised funding fee marketplace, hinting that a full-scale mainnet launch might be just around the corner.

What Does the PENDLE Price Movement Mean?

The recent 4% surge in PENDLE’s price signals positive sentiment among traders. Should Boroski’s mainnet launch officially be confirmed, PENDLE could experience a more significant rally. Boroski’s integration into the Pendle ecosystem may introduce new utilities and yield opportunities, attracting further interest from investors.

Analysts warn that the next announcements from both Pendle and Boroski teams will likely play a decisive role in future price action. As such, investors are advised to stay updated with the latest developments.

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The post Pendle Surges Amid Boroski Mainnet Leak Rumors! appeared first on Coin Engineer.

In its report for Q4 2024, Grayscale highlighted 20 altcoins with growth potential, taking into account market trends and key factors specific to each token. The list now includes 6 new altcoins: SUI, TAO, OP, HNT, CELO, and UMA. However, RENDER, MNT, RUNE, PENDLE, ILV, and RAY have been removed from the previous list.

According to Grayscale, the altcoins with high potential for the fourth quarter are as follows:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Toncoin (TON)
• Chainlink (LINK)
• Near (NEAR)
• Uniswap (UNI)
• Sui (SUI)
• Bittensor (TAO)
• Stacks (STX)
• Aave (AAVE)
• Optimism (OP)
• Arweave (AR)
• Maker (SKY)
• Helium (HNT)
• Lido DAO (LDO)
• Akash Network (AKT)
• Aerodrome (AERO)
• Celo (CELO)
• UMA Protocol (UMA)

Additionally, it was stated, “This quarter, we have removed the following projects from the Top 20: Celo. Grayscale Research continues to value each of these projects, and they remain important elements of the crypto ecosystem. However, we believe the revised Top 20 list may offer more attractive risk-adjusted returns for the upcoming quarter.

Investing in the crypto asset class involves risks, including some unique to the crypto space, such as smart contract vulnerabilities and regulatory uncertainty. Furthermore, all assets in the Top 20 have high volatility and carry high risks, making them unsuitable for all investors. In light of the risks associated with the asset class, any investment in digital assets should be considered within the context of a portfolio and with the investor’s financial goals in mind.”

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The post Grayscale Reveals 20 Altcoins with Potential for Q4! appeared first on Coin Engineer.

Key Intraday Levels for Bitcoin

The BTC/USDT pair gained 0.36% in the last 24 hours and is currently trading at $98,627. If Bitcoin (BTC) continues its upward trend, it may face resistance at the all-time high (ATH) level. Our support levels are at $97,800 and $94,800, respectively.

Ethereum (ETH):
The ETH/USDT pair has gained 0.59% in the last 24 hours and is currently trading at $3,429. Resistance levels for ETH are at $3,380 initially, followed by $3,500. Support levels are located at $3,220 and $3,140.

Pendle (PENDLE):
The PENDLE/USDT pair has increased by 0.49% over the past 24 hours and is now trading at $5.54. Resistance levels for PENDLE are at $5.56, followed by $6.40. Support zones are at $5.22, with $4.95 acting as a further support level if the decline deepens.

Bonk (BONK):
The BONK/USDT pair has risen by 3.46% in the last 24 hours and is currently trading at $0.000047. Resistance levels for BONK are at $0.000048, followed by $0.000053. Support levels are at $0.000042 and $0.000035 if the decline intensifies.

Solana (SOL):
The SOL/USDT pair has gained 0.16% over the past 24 hours and is currently trading at $256. Resistance levels for SOL are at $254, followed by $264. Support zones are at $244, with $222 acting as a further support level in case of a deeper decline.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market include Gigachad (GIGA), KANGO (KANGO), and StrikeX (STRX). Among the top gainers are Just a Chill Guy (CHILLGUY), aelf (ELF), and Sologenic (SOLO). On the other hand, the biggest losers include XDC Network (XDC), IoTeX (IOTX), and Kusama (KSM).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, a prominent liquidation level on the upper side stands at $99,289 with a value of $30 million. On the lower side, a significant liquidation zone is at $97,200, holding a value of $35 million.

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The post Latest Situation in Bitcoin and Cryptocurrencies: November 25 appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

Bitcoin, which started its decline from the 93,000 level, is currently trading at around 89,000. If Bitcoin starts to close below the 89,000 level, a further decline to 86,000 could be inevitable. If it fails to hold at the 86,000 level, a sharp drop toward 81,000 could occur. It’s crucial to monitor these levels closely.

Ethereum (ETH)

The ETH/USDT pair has risen by 1.09% in the last 24 hours and is currently trading at $3186. The resistance levels for ETH are at $3220 and then at $3380. The support levels are at $3140 and $2900.

Sui (SUI)

The SUI/USDT pair has increased by 15.45% in the last 24 hours and is currently trading at $3.43. The resistance levels for SUI are at $3.53, followed by $4.04. The support levels are at $3.25, and if the decline deepens, at $2.35.

Pendle (PENDLE)

The PENDLE/USDT pair has gained 4.07% in the last 24 hours and is currently trading at $5.35. The resistance levels for PENDLE are at $5.60 and then $5.80. The support levels are at $5.10, and if the decline deepens, at $4.55.

Ondo (ONDO)

The ONDO/USDT pair has increased by 9.60% in the last 24 hours and is currently trading at $0.89. The resistance levels for ONDO are at $0.90, followed by $1.10. The support levels are at $0.82, and if the decline deepens, at $0.64.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market include Notcoin (NOT), Peanut the Squirrel (PNUT), and Pepe (PEPE). Among the top gainers, Peanut the Squirrel (PNUT), First Convicted RACCON (FRED), and Pepe (PEPE) lead. The biggest losers are Drift Protocol (DRIFT), SPX6900 (SPX), and Virtuals Protocol (VIRTUAL).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, a notable liquidation is at the $81,700 level with $78 million, while on the lower side, there is $67 million at the $89,906 level.

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The post Current Status of Bitcoin and Cryptocurrencies – November 14 appeared first on Coin Engineer.

Leading crypto analytics platform Phoenix says PENDLE is currently trading at $4.10, showing an 18% increase and maintaining a favorable outlook. Having a market value of $658.52 million, Pendle ranks #94 on the market; its 24-hour trading volume has increased 15.74%, reaching $656,768,309. With its amazing price activity, PENDLE has been labeled as “Coin of the Day.”

Pendle performed really well for several reasons. Said CoinMarketCap (CMC), the 24% surge in the cryptocurrencies has attracted greater attention from investors seeking to profit from its growing momentum. Since they view PENDLE as a successful prospect with predicted future expansion, many traders have started investing in it in reaction to the current price surge.

Particularly, BitMEX CEO Arthur Hayes grabbed headlines when he predicted PENDLE topping $10. But only yesterday, Hayes sold a considerable number of PENDLE tokens at an average price of $3.52. The token’s price surged 24% following his sell-off, culminating at $4.39, and Hayes would have lost possible $1.29 million.

Still, PENDLE has a very positive momentum. The coin’s recent 24% spike and 30% growth over the past week have many investors excited about the long-term opportunities. According to Hayes, Pendle is probably going to hit $10 in not too distant future; consequently, it is a great asset for people seeking high returns.

Given its outstanding performance and rising investor interest, PENDLE is probably a helpful instrument in the continued crypto bull run. Many traders believe that vigilant trading could produce significant rewards as the coin continues on its upward course.

The information in this article does not provide any investment advice.

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The post Pendle (PENDLE) Surges 24% After Federal Reserve Rate Cut, Poised for Further Gains appeared first on Coin Engineer.

While the first half of 2024 went down in history as a historical period for cryptocurrencies with the approval of Bitcoin spot ETF and then Ether spot ETFs by the SEC, the latest developments have also increased investor interest in Ethereum ecosystem tokens.

In particular, after the Ether ETF approval, cryptocurrency investors are investing in the decentralized finance area of the Ethereum ecosystem.

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A whale account made purchases from Binance this morning with a high amount of $10 million. According to Lookonchain, the whale; ETH, LDO, PENDLE and SHIB. It did not go unnoticed that all of these tokens belong to the Ethereum ecosystem and that PENDLE and LDO are also DeFi area tokens.

The whale’s purchases are as follows;

500 ETH worth $1.9 million

2.43 million LDO worth $5.6 million

58 billion SHIB worth $1.62 million

103 thousand PENDLE worth $637 thousand

In the past few days, some large whale accounts have also made million-dollar purchases and have purchased well-known and large tokens of the Ethereum ecosystem such as AAVE, UNI, LDO, ENS, LINK.

The post Whale Makes $10M Purchase on Binance, Chooses 4 Altcoins appeared first on Coin Engineer.

Ethena(ENA) Manages to Close the Week Above $1

Ethena (ENA) appeared as one of the top gainers of the week. Showing an uptrend that any investor would welcome.

The chart showed that ENA started the week at around $0.6, swiftly rising to over $0.8 by the 2nd of April. By the end of April 3rd, Ethena managed to cross over $1 for the first time and closed the day above it.

What makes Ethena one of the most successful crypto currencies is the significant surge in volume accompanying this price level, soaring to over $2 billion.

By the weekend, it managed to renew the success it made on April 3 by reaching $1.25, then closing the week with $1.17.

With a current market capitalization of $1,580,701, it has also shown the same success, which makes it one of the most successful crypto currencies of the week.

Core(CORE) couldn’t Sustain its Success as Ethena

Although Core couldn’t sustain its success over the weekend as Ethena did, it managed to make its investors happy at the start of the week.

Core started the week with a downfall to $2.55, then climbing up to $4.01. Volume also increased from $470 million to $660 million, nearly increasing by $200 million.

Despite its downfall over the weekend, it settled its place as one of the successful coins of the week.

Pendle(PENDLE), Lived the Core’s Fate Reversely

In spite of starting the week with a strong downtrend, by the end of the week, Pendle managed to satisfy its asset holders greatly.

Pendle started the week with a price of $5.66, and it continued its fall to  $4.7 on April 3rd. Within a day, it managed to surge up to $6.4.

By the end of the week, Pendle managed to see $7.2 and managed to increase its volume by $100M, securing a place as one of the most profitable coins of the week.

These three currencies are the ones that can be labeled as one of the most successful currencies of the week. It shouldn’t be forgotten that prices can shift rapidly because of the volatile nature of the market.

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Real-world assets (RWAs) are tangible or intangible objects with value, like real estate, gold, fine art, and more. Blockchain technology is transforming these assets by creating digital representations on a blockchain, known as RWA tokens. This unlocks a new asset class and expands investment opportunities.

Top Real-World Asset (RWA) Tokens to Consider

Centrifuge (CFG): A leading project bridging DeFi and RWAs. Centrifuge aims to reduce borrowing costs for businesses and offer investors stable returns.

Landshare : This platform simplifies real estate investment on the Binance Smart Chain. Earn rental income and property appreciation by staking stablecoins. Landshare boasts a unique NFT ecosystem for property upgrades and repairs.

Polymesh (POLY): Designed for the security token market, Polymesh offers a secure and efficient platform for companies to issue and manage compliant security tokens. This provides real-time transparency for investors, issuers, and regulators.

Pendle (PEND): A trending tokenized yield protocol, Pendle unlocks future yields from assets for investors. Its innovative AMM mechanism offers unique yield generation opportunities.

Lumi Share (LUMI): Lumi Share democratizes access to renewable energy investment. They use tokenization to fractionalize renewable energy assets and provide real-time data for informed investment decisions.

Maple (MPL): A popular corporate credit market on Solana and Ethereum, Maple allows users to lend various tokens and earn interest. It bridges the gap between DeFi and traditional finance for investors and fund managers.

TrueFi (TRU): A decentralized peer-to-peer lending protocol, TrueFi combines permissionless lending pools, multiple tokens, and a blockchain credit system. This offers businesses flexible access to funding.

Creditcoin (CTC): Aimed at transforming digital wallets into investment hubs, Creditcoin offers a streamlined solution for borrowing and lending CTC cryptocurrency. It connects resources across different blockchains.

Godflinch (GOFF): This DeFi lending platform provides uncollateralized cryptocurrency loans. Godflinch seeks to unlock the potential of decentralized credit protocols for various industries.

Propy (PRO): An online global real estate marketplace, Propy connects buyers, sellers, and agents through smart contracts to facilitate secure and efficient digital transactions.

Boson Protocol (BOSON): Designed to enhance the Web3 experience, Boson Protocol facilitates tokenization of both on-chain and off-chain assets. Users can tokenize virtually anything and trade them within the metaverse.

Clearpool (CPOOL): A decentralized capital markets ecosystem, Clearpool allows institutional borrowers to create custom liquidity pools. It also offers cross-chain bridging between Ethereum and Polygon for CPOOL tokens and staking services for its native currency.

Investing in RWA Tokens: A Promising Opportunity

RWA tokens offer a unique way to combine stability and growth within your investment portfolio. Conduct thorough research, diversify your holdings, and stay updated on market trends to leverage the full potential of RWA tokens in your investment strategy

The post Best Real World Assets (RWA) Tokens to Invest in 2024 appeared first on Coin Engineer.

You might like: Binance Announces Delisting of These Altcoins!

According to the official announcement made by Binance on Tuesday, February 6, new trading pairs will be offered for the cryptocurrencies Jupiter (JUP) and Pendle (PENDLE), which have recently attracted the attention of cryptocurrency investors. This step is part of Binance’s ongoing effort to keep the cryptocurrency ecosystem up-to-date and offer diversity to investors.

To provide JUP and PENDLE investors with a wider range of trading options, the platform will create pairs with USD Coin (USDC) and First Digital USD (FDUSD), respectively. These new trading pairs will give investors more flexibility and the ability to develop trading strategies based on different fiat values.

Starting at 11:00 AM Turkish Time on February 7, investors will be able to trade on Binance using the JUP/USDC and PENDLE/FDUSD trading pairs. This will provide investors with the opportunity to keep up with the latest trends in the global cryptocurrency market and diversify their portfolios.

Additionally, Binance will also offer trading bots for these two new trading pairs, allowing users to automatically respond to market fluctuations and manage their trading strategies more effectively.

The post Binance Announces Listing of Two New Altcoins! appeared first on Coin Engineer.