Prev Arrow Cryptocurrencies

Arkham ($ARKM) Crypto Forecast: Up 5.3% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is Arkham?

ARKM (Cryptocurrency token) Market: The overall cryptocurrency market experienced a bullish movement today, with increased investor optimism and buying pressure across various tokens.

Why is Arkham going up?

ARKM crypto is up 5.3% on Sep 19, 2024 0:02

  • ARKM saw a strong bullish movement likely due to the positive sentiment surrounding a prominent figure and the anticipation of an upcoming release, which has generated excitement and optimism among investors.
  • The news of a whale unloading Ethereum after eight years of dormancy may have indirectly impacted ARKM, as it could have led to a redistribution of funds within the cryptocurrency market, potentially flowing into other tokens like ARKM.
  • The release of a prominent individual and its potential impact on a specific exchange and associated token might have created a ripple effect in the market, with investors turning to alternative tokens like ARKM in response to the uncertainty surrounding the exchange.
  • The repeated mention of a key figure in multiple sources highlights the significant influence he holds in the cryptocurrency space, potentially drawing more attention and investment towards tokens like ARKM.

ARKM Price Chart

ARKM News

Binance’s Changpeng Zhao Release May Boost These 5 Altcoins

Binance’s Changpeng Zhao Release May Boost These 5 Altcoins

https://beincrypto.com/why-cz-release-may-boost-these-5-altcoins/

News Article Image Binance’s Changpeng Zhao Release May Boost These 5 Altcoins

Whale That Accumulated Ethereum at $11.21 Unloads ETH After Lying Dormant for Over Eight Years: On-Chain Data

Whale That Accumulated Ethereum at $11.21 Unloads ETH After Lying Dormant for Over Eight Years: On-Chain Data

https://dailyhodl.com/2024/09/17/whale-that-accumulated-ethereum-at-11-21-unloads-eth-after-lying-dormant-for-over-eight-years-on-chain-data/

News Article Image Whale That Accumulated Ethereum at $11.21 Unloads ETH After Lying Dormant for Over Eight Years: On-Chain Data

Binance’s Changpeng Zhao Set for Release Next Week: What to Know

Binance’s Changpeng Zhao Set for Release Next Week: What to Know

https://beincrypto.com/binance-cz-release-what-to-know/

News Article Image Binance’s Changpeng Zhao Set for Release Next Week: What to Know

CZ's Release from Prison: Impact on Binance Exchange and BNB

CZ's Release from Prison: Impact on Binance Exchange and BNB

https://www.coingabbar.com/en/crypto-currency-news/ex-ceo-of-binance-cz-release-news-binance-exchange-impact

News Article Image CZ's Release from Prison: Impact on Binance Exchange and BNB

Arkham Price History

30.07.2024 - ARKM Crypto was down 9.9%

  • ARKM might have experienced a bearish movement due to increased competition and attention towards other tokens like DOGS Coin, TON, and JUP, which have been gaining momentum with strategic expansions in trading platforms.
  • The partnership between Arkham Intelligence and Coingecko for enhanced trading analytics could have initially sparked some interest, but the negative sentiment from recent events might have impacted ARKM's price negatively.
  • The overall market sentiment towards cryptocurrencies and the specific news related to ARKM's ecosystem partnerships and potential risks could have contributed to the bearish movement today.

30.07.2024 - ARKM Crypto was down 5.1%

  • A bearish movement in ARKM today may be linked to profit-taking by traders following a recent price surge.
  • The collaboration between Arkham Intelligence and Coingecko for enhanced trading analytics likely initially boosted investor confidence but was overshadowed by broader market sentiment.
  • The introduction of a bounty program by Arkham to identify owners of wallets associated with fraudulent projects might have triggered concerns about regulatory scrutiny in the cryptocurrency space, leading to a sell-off of ARKM tokens.
  • The expansion of new trading pairs on Binance Margin could have introduced increased volatility and uncertainty, contributing to the downward pressure on ARKM's price.

30.07.2024 - ARKM Crypto was down 5.0%

  • The bearish movement of ARKM today could be attributed to the negative sentiment surrounding the fraudulent altcoin project associated with wallet owners being identified by Arkham Intelligence.
  • The market might be reacting to Binance expanding support for other cryptocurrencies, potentially shifting investor focus away from ARKM.
  • The addition of new trading pairs on Binance Margin could have led traders to reallocate their investments, impacting the demand for ARKM.
  • Despite the partnership between Arkham Intelligence and Coingecko for enhanced trading analytics, the bearish trend of ARKM suggests that other factors are currently influencing its price action.

18.08.2024 - ARKM Crypto was down 5.5%

  • The bearish movement in ARKM today may be linked to a significant sell-off by a whale who had held Ethereum for over eight years, causing a negative impact on the market sentiment affecting various cryptocurrencies including ARKM.
  • The anticipation surrounding a forthcoming announcement involving Binance's Changpeng Zhao possibly led to uncertainty and increased volatility in the cryptocurrency market, resulting in a downward trajectory for ARKM.
  • Speculation about CZ's potential release and its implications on Binance Exchange and BNB may have introduced a level of instability in the crypto landscape, prompting traders to divest assets like ARKM.
  • In summary, factors such as a substantial whale sell-off, upcoming developments related to Binance, and regulatory uncertainties surrounding CZ's release likely played a role in ARKM's bearish performance today.

01.08.2024 - ARKM Crypto was down 5.1%

  • ARKM saw a bearish movement, potentially due to profit-taking by investors after a recent surge in price.
  • The DOGS coin's rise after Binance's margin trading expansion may have diverted attention and funds from ARKM.
  • The partnership between Arkham Intelligence and Coingecko for improved trading analytics could have had a positive impact on sentiment, though other market developments overshadowed it.
  • Uncertainty may have arisen in the market due to Vitalik Buterin's wallet activity, causing a shift in focus away from ARKM.

03.08.2024 - ARKM Crypto was down 5.1%

  • The bearish movement of ARKM today could be attributed to profit-taking by investors after a recent surge in its price.
  • The attention drawn to Vitalik Buterin's wallet activity may have shifted focus away from ARKM, leading to a decrease in demand.
  • The surge in DOGS coin following an expansion of margin trading could have diverted investment away from ARKM to other more actively traded assets.
  • The addition of new trading pairs on a margin platform may have provided more attractive trading opportunities, causing a shift in trading volume away from ARKM.

25.07.2024 - ARKM Crypto was down 5.1%

  • The bearish movement in ARKM today can be attributed to the negative sentiment surrounding the cryptocurrency market due to the fraudulent altcoin project associated with wallet owners being identified by the company.
  • A decision to remove 9 spot trading pairs, including potentially impacting ARKM's trading pairs, could have added to the selling pressure on the token.
  • The delisting of major cryptos as part of a market efficiency drive might have led to a broader market sell-off, affecting ARKM's price negatively.
  • Overall, the combination of negative news related to fraudulent activities, exchange delistings, and market efficiency drives likely contributed to the bearish movement in ARKM today.

27.07.2024 - ARKM Crypto was down 5.3%

  • The bearish movement of ARKM today could be attributed to the negative sentiment surrounding the partnership between Arkham Intelligence and Coingecko for enhanced trading analytics. Investors might be concerned about potential privacy issues or data security breaches.
  • Additionally, the news of Arkham launching a bounty to identify owners of wallets associated with a fraudulent altcoin project could have raised doubts about the token's legitimacy and trustworthiness, leading to a sell-off.
  • The announcement of Binance removing 9 spot trading pairs, potentially impacting ARKM's trading pairs, might have added to the overall market uncertainty and contributed to the bearish trend.
  • The delisting news of major cryptos on Binance as part of a market efficiency drive could have triggered a broader sell-off in the cryptocurrency market, dragging down ARKM along with other tokens.

19.08.2024 - ARKM Crypto was up 5.3%

  • ARKM saw a strong bullish movement likely due to the positive sentiment surrounding a prominent figure and the anticipation of an upcoming release, which has generated excitement and optimism among investors.
  • The news of a whale unloading Ethereum after eight years of dormancy may have indirectly impacted ARKM, as it could have led to a redistribution of funds within the cryptocurrency market, potentially flowing into other tokens like ARKM.
  • The release of a prominent individual and its potential impact on a specific exchange and associated token might have created a ripple effect in the market, with investors turning to alternative tokens like ARKM in response to the uncertainty surrounding the exchange.
  • The repeated mention of a key figure in multiple sources highlights the significant influence he holds in the cryptocurrency space, potentially drawing more attention and investment towards tokens like ARKM.

09.08.2024 - ARKM Crypto was up 8.1%

  • The positive sentiment in the cryptocurrency market has fueled ARKM's upward trend, coinciding with Bitcoin's hashrate reaching a record high.
  • Speculation suggests that ARKM may have indirectly benefited from the sale of ETH from Vitalik's wallet, potentially sparking greater interest and investment in alternative tokens like ARKM.
  • This incident underscores the interconnectedness of the cryptocurrency market, demonstrating how developments in one token can impact others.
  • It is possible that investors saw ARKM as a potential gainer from the current cryptocurrency market activities, resulting in heightened buying pressure and a bullish price movement.

12.08.2024 - ARKM Crypto was up 5.1%

  • ARKM experienced a strong bullish movement likely due to positive sentiment in the overall cryptocurrency market.
  • The release from prison and its potential impact on Binance Exchange and BNB did not directly affect ARKM's price movement.
  • The increase in Bitcoin hashrate hitting an all-time high could have contributed to the positive momentum in the cryptocurrency market, including ARKM.
  • The selling of ETH from a wallet may have led to increased trading activity and interest in alternative cryptocurrencies like ARKM.

16.08.2024 - ARKM Crypto was down 5.3%

  • ARKM experienced a bearish movement today amidst speculations about Binance's Changpeng Zhao's upcoming release from prison.
  • Traders might be concerned about potential impacts on Binance Exchange and BNB following CZ's release, leading to a sell-off in various cryptocurrencies including ARKM.
  • The uncertainty surrounding CZ's release could be causing market volatility, prompting investors to take a cautious approach towards cryptocurrency investments.
  • As the market digests the news and assesses the implications, ARKM's price may continue to be influenced by developments related to Binance and CZ.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.