Tomiwabold Olajide

Lagos

Author, Writer and Blockchain Journalist at U.Today

Principal Consultant - UNIVERSAL FX ANALYTICS ( writer, consulting, autochartist-recognition of patterns for technical analysis & money management solutions)

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Articles

Solana (SOL) Faces Crucial Test in Market Surge: Details

21 hours ago | u.today | Tomiwabold Olajide

Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is currently at a key point as it seeks to profit on the market's recent upward momentum. Solana has steadily increased from its low of $113 on April 7; zooming out, SOL soared 25% between May 6 and May 10, following the overall altcoin market bounce after Bitcoin broke above $100,000.
459,040,000,000,000 SHIB Scenario Imminent: What's Next for SHIB?

22 hours ago | u.today | Tomiwabold Olajide

Dog-themed cryptocurrency Shiba Inu (SHIB) might be on the verge of a major move, according to on-chain data. According to IntoTheBlock's Global In/Out of Money indicator, 459.04 trillion SHIB were previously accumulated by 47,780 addresses in the price range between $0.000017 and $0.000019 at an average cost basis of $0.000018. The large volume of tokens held here, as well as the number of addresses, indicates that a meaningful portion of the SHIB investor base is watching this range closely.
Ethereum Unveils 'Trillion Dollar Security' Initiative: Details

23 hours ago | u.today | Tomiwabold Olajide

Ethereum Foundation, a nonprofit organization dedicated to supporting Ethereum and related technologies, has announced the Trillion Dollar Security (1TS) initiative, an ecosystem-wide effort to upgrade Ethereum’s security and bring the world on-chain. Ethereum remains one of the most secure and trusted blockchain ecosystems in the crypto space, thanks to 10 years of progress across every level of its technology stack.
XRP, DOGE, ADA Holders Warned by Coinbase; Here's Why

1 day ago | u.today | Tomiwabold Olajide

Major crypto exchange Coinbase has put holders of Cardano (ADA), Litecoin (LTC), XRP and Dogecoin (DOGE) on notice. In a recent tweet, Coinbase indicated that wrapped versions of Cardano, Dogecoin, Litecoin and XRP — cbADA, cbLTC, cbXRP and cbDOGE — are coming soon. Coinbase revealed that these assets, cbADA, cbLTC, cbXRP and cbDOGE, are not yet live or available for trading. "These assets are not yet live or available. We will announce their launch at a later date," Coinbase stated in its tweet.
Chainlink Skyrockets 125% in Whale Moves as Millions of LINK Get Shifted

1 day ago | u.today | Tomiwabold Olajide

According to IntoTheBlock data by Sentora, Chainlink has skyrocketed 125% in large transaction volume, a metric indicative of whale activity. In the last 24 hours, Chainlink's large transaction volume came in at $133.94 million, or eight million LINK in crypto terms. On-chain data reveals that millions of LINK tokens have been transferred in recent hours, suggesting that major players are repositioning for what could be Chainlink's next price move.
Cardano (ADA) Under Pressure: Can Cardano Hold Key Support?

1 day ago | u.today | Tomiwabold Olajide

Cardano (ADA) is under selling pressure as the broader cryptocurrency market experiences profit-taking. In the last 24 hours, $606 million has been liquidated across various crypto assets, according to CoinGlass data. Cardano was not exempted from the bearish sell-off, dropping 4.52% in the last 24 hours to $0.803. Amid the price drop, Cardano is testing support at the daily SMA 200 at $0.792. This technical indicator had capped the ADA price since late March, with ADA returning above it on May 9.
ETH's Path to $3,000 Blocked by Massive Sell Order

1 day ago | u.today | Tomiwabold Olajide

Ethereum surged nearly 40% last week, increasing from a low of $1808 on May 8 to $2600 on May 10 as risk appetite returned to digital assets and amid a major network update. According to market observers, Ethereum's Pectra update, which went live on May 7, served as a catalyst for fresh interest in the world's second-largest cryptocurrency. Pectra, which follows last year's Dencun upgrade, increased staking limits and wallet usability.
XRP Skyrockets 140% in Volume Amid $606 Million Market Drop

2 days ago | u.today | Tomiwabold Olajide

According to data from CoinMarketCap, XRP's 24-hour trading volume has skyrocketed by nearly 140%, reaching $10.51 billion, while the XRP price has remained green. XRP surged significantly on Monday, rising from a low of $2.31 to a high of $2.645. The gains sustained in the early Tuesday session; by press time, XRP was up 5.46% in the last 24 hours to $2.55, and up 21% weekly.
Cardano (ADA) Path to $1 Cleared: What Comes Next?

2 days ago | u.today | Tomiwabold Olajide

Cardano (ADA) has been gaining steam alongside the broader cryptocurrency market. Cardano reached an intraday high of $0.865 on May 12, continuing an upward trend that began on May 6. The rally to $0.865 remains significant given that ADA has successfully reclaimed its 50-day and 200-day Simple Moving Averages (SMAs) at $0.677 and $0.692, which had previously served as resistance in recent weeks.
XRP Returns to Top 3 Cryptos as $3 Price Now in Sight

2 days ago | u.today | Tomiwabold Olajide

XRP returned to its spot as the third-largest cryptocurrency by market capitalization following a rapid 10% price increase, which boosted its value and reignited investor optimism. The rally was part of a broader bullish wave sweeping the crypto market, with Bitcoin nearing $106,000 for the first time since January. XRP has also caught the bullish trend, reaching highs last seen in March. XRP saw a sudden surge in the early Monday session, rocketing from $2.35 to $2.65 following Sunday's drop.