Fantom (FTM) has been moving through a volatile price cycle recently, despite the broader cryptocurrency market's continued uptrend. Over the past two days, FTM experienced a significant 14% drop, drawing attention from traders and analysts alike.

FTM is approaching a key support level at $0.609 after a 14% decline.

Fantom (FTM) is showing promising signs of a breakout, driven by strong technical indicators and favorable on-chain metrics. However, while these signals suggest potential upside, there are still cautionary signs in the data that may affect the sustainability of the rally.

Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.

Fantom (FTM) may be nearing a breakout as technical and on-chain signals align with each other.

Story Highlights The live price of Loopring is . LRC coin could reach a high of $0.26 in 2024. Loopring price with a potential surge, it might hit $1.41 by 2030. The crypto verse has seen dramatic publicity over the past two years with a swift move.

Surge in Whale Activity: Several altcoins, including ApeCoin (APE), SushiSwap (SUSHI), and Treasure DAO (MAGIC), have experienced a significant rise in whale transactions. According to Santiment, these cryptocurrencies have seen a marked increase in large trades, indicating potential price shifts that may go against their recent patterns.

Fantom (FTM) has been demonstrating strong signs of growth, with key metrics suggesting that the altcoin could be poised for a significant price movement. Recently, Fantom's long-to-short ratio crossed above 1.07, signaling a notable bullish sentiment among traders.

The altcoins long/short ratio has crossed above 1.07, indicating a clear bullish bias among traders.

Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.

ApeCoin (APE) faces strong downward pressure, with several indicators signaling potential further declines. The 7-day MVRV suggests recent buyers are mostly at a loss, which hints at undervaluation but leaves room for additional downside.

In a recent court decision, Aurelien Michel, creator of the “Mutant Ape Planet” NFT collection accused of defrauding investors, has avoided prison but will forfeit over $1 million as part of his sentence.

In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull.

The crypto market swung low, which might be the last big discount before a parabolic run. Reflecting bearish sentiment, the underwhelming performance of Arbitrum (ARB) continues. However, DTX Exchange (DTX), a new exchange-based token, has defied the broader market trend by exploding in presale. It has raised over $6.

Michel sentenced for defrauding investors through Mutant Ape Planet NFTs. Court ordered $1.4 million forfeiture and a $15,000 fine.

Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence.

ApeCoin is holding steady at the crucial $1 support level, fueling speculation on whether the bulls are ready for a comeback as it maintains its position above this key mark. Recent bearish pressure has driven the token to a point where a recovery might be on the horizon, yet the critical question is: can buyers defend this level and push prices higher?

Fantom's price is currently on a positive trajectory, experiencing a notable rally that has seen it rise by 6.31% in the last 24 hours, trading at $0.6786. With a market cap of $1.90 billion and a 24-hour trading volume surge of 68.26% to $142.91 million, the altcoin is capturing attention.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.

Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.

Fantom's price rally gained momentum, holding key levels amid bullish technical signals.

Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.

Here is how some of your favorite assets concluded the week.

Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.

Altcoins outperformed this week as BTC traded in a tight range.

ApeCoin (APE) price has surged 63.86% in the last seven days, but major holders remain skeptical. The number of wallets holding between 1 million and 10 million APE has dropped consistently since October 19.

While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.

Socios.com secures Malta's in-principle approval for a class 3 crypto license.

A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.

Apecoin has experienced a strong upswing over the past month. However, dormant wallets are on the move and prices have tumbled.

As 2024 draws to a close, the cryptocurrency market is abuzz with anticipation, especially for altcoins that demonstrate potential for substantial profits. Apecoin (APE), SUI, and Rexas Finance (RXS) are particularly notable among these options.

On the other hand, POPCAT has skyrocketed by 17% in the past 24 hours.

ApeCoin (APE) price is down roughly 15% in the last 24 hours after rising more than 100% between October 19 and October 21. The MVRV suggests that many holders are still in a position of unrealized losses, indicating weak market sentiment.

The on-chain analytics firm Santiment has revealed the potential reason behind the corrections that Dogecoin and Apecoin have faced recently. Dogecoin & Apecoin Are Among Memecoins That Fell Prey To FOMO Recently As explained by Santiment in a new post on X, the Positive Sentiment vs.

On "Markets Daily", CoinDesk's Jennifer Sanasie breaks down the driving forces behind the surge in ApeCoin. Plus, the challenges faced by the ApeChain when it comes to maintaining momentum.

ApeCoin is facing a tough setback as bearish momentum intensifies, with the price hitting a strong resistance at $1.755. After an attempt to push higher, the bulls have lost ground, allowing the bears to take control and halt the upward movement.

Positive sentiment surrounding ApeCoin initially propelled its price upward; however, excessive bullishness indicated a potential correction, which materialized with a 15% decline over the past day.

The Apecoin (APE) token has been the hype of the week, from the top performer of the week to the worst performer today. So, what's next?

Almost all major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), and Polkadot (DOT), have registered substantial declines. The crypto market cap has also dropped by 0.82% and currently stands at $2.31 trillion.

One altcoin running on the Ethereum (ETH) network is seeing massive gains after a new blockchain launched in its ecosystem. ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, soared to $1.74 on Monday, a 135% jump in value form Saturday.

Fantom (FTM) is making headlines in the cryptocurrency market as whale activity reaches its highest level in a year. This spike in large transactions, coupled with bullish technical indicators, has led to discussions about whether FTM is positioned for a significant price rally, potentially rising by 20%.

Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

D3 Global, a web3 domain name company, has launched top-level domain names for the ApeCoin community. An announcement the firm published on Oct. 22 noted that the ApeCoin (APE) ecosystem can now use the.

ApeCoin token experienced a sharp reversal on Oct. 22, erasing some of the gains made in the previous five days. ApeCoin (APE), associated with Yuga Labs, the creators of Bored Ape Yacht Club, retreated to $1.

The launch of Apechain was one of the most bullish events for the APE price rally as the token surged above the current consolidation.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.