Cryptocurrency News
As Bitcoin briefly surpassed the $28,000 mark to kick off October, the cryptocurrency market witnessed several price rebounds, offering a brief window of profit-taking opportunities. Among the numerous altcoins in the market, three specific ones – Aave ($AAVE), Cardano ($ADA), and Curve DAO Token ($CRV) – garnered significant attention as […]
Cryptocurrency security is a top priority for users, but hackers are continually devising new and unexpected methods to gain unauthorized access to wallets. Here are five lesser-known ways users inadvertently expose their cryptocurrency wallets to hackers: Public Wi-Fi Vulnerabilities: Many users access their cryptocurrency wallets using public Wi-Fi networks without […]
In recent weeks, there has been a noticeable trend in the cryptocurrency market, particularly concerning Ethereum (ETH). Several prominent whales have been accumulating and staking substantial amounts of ETH, signaling their anticipation of significant market catalysts on the horizon. Ethereum Whales Are Staking Their Holdings One such whale, identified as […]
The cryptocurrency space is poised for a seismic shift as asset managers with a combined worth of $17.7 trillion express significant interest in Bitcoin. This enthusiasm is primarily driven by the anticipation of approval for multiple Bitcoin Exchange-Traded Funds (ETFs). Here’s a comprehensive look at what could unfold if these […]
Valkyrie’s recent approval to offer Ethereum (ETH) futures within its existing exchange-traded fund (ETF) has made significant waves in the cryptocurrency and financial markets. This milestone not only increased exposure to Ethereum but also contributed to a notable boost in ETH’s price, reaching $1,665 during Thursday’s trading session. Let’s explore […]
The cryptocurrency market has experienced an upbeat week with notable gains seen across various digital assets. Bitcoin Cash (BCH), Chainlink (LINK), Maker (MKR), and THORChain (RUNE) stood out as top performers, each posting impressive double-digit increases in their market capitalization. This surge in momentum is accompanied by signs of accumulation […]
Bitcoin, the leading cryptocurrency, is currently experiencing a dynamic phase, marked by both bullish indicators for the long term and the potential for short-term corrections. The actions of whales and traders are at the center of this evolving narrative. Bitcoin Maintains Bullish Momentum As We Enter October In the long […]
The cryptocurrency market is abuzz with the latest developments involving Bitcoin and Tether (USDT) whales and sharks, who are showing a strong accumulation trend. These large holders, with 10 to 10,000 Bitcoin in their wallets, have now accumulated their highest Bitcoin holdings in 2023, totaling 13.03 million BTC. Positive Sentiment […]
Maker ($MKR), a prominent cryptocurrency in the decentralized finance (DeFi) space, has been on a remarkable bull run, surging by an impressive 40% in just 16 days. This surge in price has coincided with a significant uptick in active addresses, reaching a 10-week high. However, amidst this excitement, caution is […]
The cryptocurrency market has been marked by significant fluctuations since the mid-July local top, with many altcoins experiencing more declines than gains. Amidst this market turbulence, there has been an intriguing shift in trader interest, particularly concerning memecoins. Traders Show Preference For $PEPE Over $Doge One of the standout observations […]
In January, this anonymous investor withdrew a substantial 7 million $FRONT tokens, valued at $1.33 million at the time, demonstrating their confidence in the project’s long-term potential. Whale Held $FRONT For Straight Eight Months Fast forward eight months, and this investor’s patience has paid off. The price of $FRONT has […]
Recent data reveals a remarkable shift in the number of addresses holding 1,000 or more Bitcoins, with the count rising to 2,001. This significant milestone comes just 24 hours after Bitcoin’s Number of Addresses Holding 1k+ Coins hit a four-year low of 1,997. Congressmen Puts Pressure On SEC Chair Gary […]
BONE is the gas token of the Shiba Inu ecosystem’s upcoming Shibarium layer-2 scaling solution. On September 26, 2023, the BONE contract was renounced, meaning that the contract owner has relinquished control and the token is now fully decentralized. The deed is done, $BONE is now renounced via the TopDog […]
In 2021, Elon Musk announced that Tesla would stop accepting Bitcoin payments due to concerns about the environmental impact of Bitcoin mining. However, he also said that Tesla would resume accepting Bitcoin payments once mining becomes approximately 50% sustainable. This is inaccurate. Tesla only sold ~10% of holdings to confirm […]
In a noteworthy development, the price of Loom Network ($LOOM) has recently reached its highest level since December 2021, surpassing the $0.126 mark before a minor correction. This surge in value has caught the attention of crypto enthusiasts and investors alike, prompting a closer examination of the potential factors behind […]
Bitcoin, the pioneering cryptocurrency, has achieved yet another significant milestone on its journey to becoming a global digital asset. With over 900 million transactions processed, this achievement couldn’t have come at a more intriguing time, as the next halving event approaches. Bitcoin Hits Major Milestone The 900 million transaction mark […]
Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated […]
In a surprising turn of events, the Shanghai No.2 Intermediate People’s Court in China has officially recognized Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value. This landmark decision comes despite the Chinese government’s hostile stance on cryptocurrencies, including a blanket ban on all […]