FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 19, 2025 21:30

Solana rallies 8% as crypto markets recover — Is there room for more SOL upside? - Solanas native token, SOL (SOL), rose 8% on March 19 as investors turned to riskier assets ahead of US Federal Reserve Chair Jerome Powells remarks. While interest rates are expected to stay unchanged, analysts anticipate a softer inflation outlook for 2025. Meanwhile, key onchain and derivatives metrics for Solana suggest further upside for SOL price.The cryptocurrency market mirrored intraday movements in the US stock market, suggesting SOLs gains were not driven by industry-specific news, such as reports that the US Securities and Exchange Commission may drop its lawsuit against Ripple after clinging to it for four years.Russell 2000 small-cap index futures (left) vs. SOL/USD (right). Source: TradingView / CointelegraphOn March 19, the Russell 2000 index futures, tracking US-listed small-cap companies, surged to their highest level in twelve days. Despite a broader slowdown in decentralized application (DApp) activity, Solana stands out. Solana’s TVL continues to riseSolana’s onchain volumes dropped 47% over two weeks, but similar declines were seen across Ethereum, Arbitrum, Tron, and Avalanche, highlighting industry-wide trends rather than Solana-specific issues. The Solana network’s total value locked (TVL), a measure of deposits, hit its highest level since July 2022, supporting SOLs bullish momentum.Solana total value locked (TVL), SOL. Source: DefiLlamaOn March 17, Solanas TVL climbed to 53.2 million SOL, marking a 10% increase from the previous month. By comparison, BNB Chains TVL rose 6% in BNB terms, while Trons deposits fell 8% in TRX terms over the same period. Despite weaker activity in decentralized applications (DApps), Solana continued to attract a steady flow of deposits, showcasing its resilience.Solana saw strong momentum, driven by Bybit Staking, which surged 51% in deposits since Feb. 17, and Drift, a perpetual trading platform, with a 36% TVL increase. Restaking app Fragmentic also recorded a 65% rise in SOL deposits over 30 days. In nominal terms, Solana secured its second-place position in TVL at $6.8 billion, ahead of BNB Chain’s $5.4 billion.Despite the market downturn, several Solana DApps remain among the top 10 in fees, outperforming larger competitors like Uniswap and Ethereum’s leading staking solutions.Ranking by 7-day fees, USD. Source: DefiLlamaSolana’s memecoin launchpad Pump.fun, decentralized exchange Jupiter, automated market maker and liquidity provider Meteora, and staking platform Jito are among the leaders in fees. More notably, Solana’s weekly base layer fees have surpassed Ethereum’s, which holds the top position with $53.3 billion in TVL.SOL derivatives hold steady as token unlock fears subsideDespite a 27% decline in SOLs price over 30 days, demand for leveraged positions remains balanced between longs (buyers) and shorts (sellers), as indicated by the futures funding rate.SOL futures 8-hour funding rate. Source: CoinGlassPeriods of high demand for bearish bets typically push the 8-hour perpetual futures funding rate to -0.02%, which equals 1.8% per month. When the rate turns negative, shorts are the ones paying to maintain their positions. The opposite occurs when traders are optimistic about SOL’s price, causing the funding rate to rise above 0.02%.The recent price weakness was not enough to instill confidence in bears, at least not to the extent of adding leveraged positions. One reason for this can be explained by the reduced growth in SOL supply going forward, similar to inflation. A total of 2.72 million SOL will be unlocked in April, but only 0.79 million are expected for May and June.Ultimately, SOL is well-positioned to reclaim the $170 level last seen on March 3, given the resilience in deposits, the lack of leverage demand from bears, and the reduced supply increase in the coming months.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

FOMO: 88%

dailyhodl.com Mar 19, 2025 22:01

Bitcoin and Ethereum Likely Finished Correction As Technical Setup Plays Out, According to Analyst - A closely followed crypto analyst says that Bitcoin (BTC) and Ethereum (ETH) may have reached a local market bottom..

BTC

FOMO: 85%

thestreet.com Mar 19, 2025 22:00

Popular crypto influencer says SECs Ripple case is over: Todays a day to celebrate - Crypto influencer WendyO says the SECs case against Ripple is officially over, calling it a major victory.

XRP

FOMO: 90%

cointelegraph.com Mar 19, 2025 22:30

Bitcoin long-term holder behavior shift signals unique market dynamic — Research - Bitcoin’s corrective phase set a four-month low at $76,600 on March 11. Despite this decline, long-term holders have continued to hold large amounts of BTC, suggesting a “unique market dynamic moving forward,” new research says. “Long-Term Holder activity remains largely subdued, with a notable decline in their sell-side pressure,” Glassnode said in a March 18 markets report.Long-term holders show signs of bullishnessBitcoin’s recovery comes as selling pressure among Long-Term Holders (LTHs) — wallets that have held Bitcoin for at least 155 days — begins to wane. The Binary Spending Indicator, a metric used to determine when LTHs are spending a significant proportion of their holdings in a sustained manner, shows a slowdown (see chart below) while the LTH supply is also beginning to rebound after several months of decline.“This suggests that there is a greater willingness to hold than to spend coins among this cohort,” Glassnode noted, adding:“This perhaps represents a shift in sentiment, with Long-Term Holder behavior moving away from sell-side distribution.Bitcoin: LTH spending binary indicator. Source: GlassnodeBull market tops are often marked by intense sell-side pressure and strong profit-taking among LTHs, which signals a complete shift to bearish behavior. However, despite Bitcoins drawdown in recent weeks, this investor cohort continues to hold a large portion of their profits, especially for this later stage of the cycle, Glassnode said. This could suggest that long-term holders may still be expecting more BTC price upside later in the year.“This interesting observation may indicate a more unique market dynamic moving forward.”Bitcoin: Cumulative LTH realized profit. Source: GlassnodeNew Bitcoin whale accumulation reshapes marketsNew Bitcoin whales, addresses holding at least 1,000 BTC, where each coin has an average acquisition age of less than six months, are aggressively accumulating, according to CryptoQuant data.This signals strong conviction in Bitcoin’s long-term outlook among the new large investors.These wallets have collectively acquired over 1 million BTC since November 2024, “positioning themselves as one of the most influential market participants,” said CryptoQuant independent analyst Onchained in a March 7 analysis.The chart below shows that their pace has accelerated notably in recent weeks, “accumulating more than 200,000 BTC just this month.”“This sustained inflow highlights a shift in market dynamics, suggesting increased institutional or high-net-worth participation. ”Bitcoin supply held by new whales. Source: CryptoQuantMeanwhile, several crypto executives have told Cointelegraph that Bitcoin’s recent price drop was a “normal correction,” with the market just waiting for a new narrative and a cycle top yet to come.But not everyone agrees. For instance, CryptoQuant founder and CEO Ki Young Ju said that the Bitcoin bull cycle is over. He added: “Expecting 6-12 months of bearish or sideways price action.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%

youtube.com Mar 19, 2025 22:31

BlackRock & The U.S. Want As Much Bitcoin As They Can Get (Heres Why!) - We break down the latest power moves from BlackRock and the U.S. government as they scramble to accumulate as much Bitcoin as possible. With nation-states and sovereign wealth funds now openly stacking sats, were witnessing Bitcoin FOMO at the highest levels—central banks, hedge funds, and even...

BTC

FOMO: 90%

thedefiant.io Mar 19, 2025 23:00

U.S. Congress to Enact Bill for 1 Million Bitcoin Strategic Reserve Before Session Ends, Says Tom Emmer - U

BTC

FOMO: 90%

dailyhodl.com Mar 20, 2025 00:00

Leading Shiba Inu Rival Flashing Bullish Signals Hinting at Price Reversal, According to Santiment - The original dog-themed memecoin is showing signs of a bullish reversal, says leading crypto analytics platform Santiment. According to Santiment, Dogecoin (DOGE) is signaling a potential turning point once crypto markets stabilize as the number of wallets increases. Dogecoin, like most meme...

DOGE

FOMO: 85%

beincrypto.com Mar 19, 2025 23:30

Can XRP Reach a New All-Time High As the Ripple Lawsuit is Over? - XRP is rallying after the SEC officially dropped its lawsuit against Ripple, triggering a 13% price surge in the past 24 hours. Strong technical signals and growing market participation are supporting the bullish momentum. XRPs network activity is also hitting record levels, with active...

XRP

FOMO: 90%

news.bitcoin.com Mar 20, 2025 00:50

Bitcoin Hits Intraday High of $87,470 Amid Fed Meeting, Political Support - Bitcoin reached an intraday high of $87,470 at 8 p.m. ET on Wednesday, March 19, 2025, amid heightened market optimism driven by political, regulatory, and macroeconomic factors. Bitcoin Bulls Return The leading cryptocurrency briefly touched the milestone during a volatile trading session, with real-time data showing bitcoin hovering around $87,357 at 8:08 p.m. EDT, with […]

FOMO: 90%

fxstreet.com Mar 20, 2025 00:04

Bitcoin whale demand surges by $13B over three days - Bitcoin (BTC) broke above key support levels after the US Fed announced a rate pause, aligning with market expectations.

BTC

FOMO: 85%

news.bitcoin.com Mar 20, 2025 01:30

Ripple Declares Victory as SEC Retreats—CEO Discusses Next Steps, Cross-Appeal - With the SEC dropping its appeal, Ripple’s CEO outlined the company’s next steps, shifting from defense to offense in a major victory for the crypto industry. Ripple Spent $150M Fighting SEC: ‘We Still Have a Cross-Appeal Pending’ Ripple CEO Brad Garlinghouse outlined the company’s next steps after the U.S. Securities and Exchange Commission (SEC) decided […]

FOMO: 90%

ambcrypto.com Mar 20, 2025 02:00

Ethereum whales dive in as ETH tests critical level – Whats next? - ETH is accumulating bullish momentum after testing a key demand zone.

ETH

FOMO: 85%

beincrypto.com Mar 20, 2025 01:00

Hyperliquid (HYPE) Surges 15% as Indicators Signal Further Gains - Hyperliquid (HYPE) is showing strong technical signals across multiple indicators, with the token surging more than 15% in the last 24 hours. The platform continues to demonstrate impressive market performance, generating $47 million in fees over the past 30 days and outperforming major...

ETH

FOMO: 85%

feeds2.benzinga.com Mar 20, 2025 02:03

Bitcoin, Ethereum, Dogecoin Rally On Jerome Powell\s Dovish Signals: Analyst Says \Lead Weight Has Been Lifted\ As Ripple-SEC Case Concludes - Leading cryptocurrencies ushered in a strong rally Wednesday after Ripple Labs announced victory in the SEC lawsuit and dovish signals from Federal Reserve Chair Jerome Powell. read more

BTC

FOMO: 90%

decrypt.co Mar 20, 2025 02:26

Bitcoin Surges Amid Eased Financial Conditions, Analyst Predicts All-Time High in Q2 - Bitcoin has rallied as the Fed eases balance sheet reduction, fueling risk appetite amid shifting global liquidity conditions.

BTC

FOMO: 90%