The recent rollercoaster ride in Bitcoin’s price has left the cryptocurrency community on edge. Despite optimistic expectations following the SEC’s approval of Bitcoin ETFs, the reality has proven different. Bitcoin’s dip below $43,000 has positioned it slightly under a crucial on-chain level, triggering concerns within the market. Notably, 2.68 million […]
Author: Will Izuchukwu
Ripple Labs Plans $285 Million Share Repurchase In Response To Market Dynamics
Ripple Labs has unveiled its intention to conduct a share repurchase, or tender offer, valued at $285 million, targeting initial investors and staff members. This move places the company’s valuation at an impressive $11.3 billion. According to sources from Reuters, participants in this tender offer are restricted to selling a […]
$MYRO Demonstrates Remarkable Resilience With A 57% Market Cap Surge
Even amid a predominantly red day for memecoins and leading cryptocurrencies, $MYRO has exhibited impressive strength, catapulting its market cap to a remarkable $170 million in just one day—a notable 57% increase. This substantial growth underscores the patience and resilience of the $MYRO community, showcasing its ability to weather market […]
WiseLending Protocol Faces Price Manipulation Attack, Resulting In $460k Loss
WiseLending, a comprehensive financial services platform in the decentralized finance (DeFi) space, recently fell victim to a price manipulation attack, leading to a substantial loss exceeding $460,000. Distinguished as a one-stop-shop for DeFi financial services, Wise Lending is dedicated to simplifying yield generation while providing top-tier Annual Percentage Yield (APY) […]
Cryptocurrency Market Update: Xai Faces Price Volatility Amidst Airdrop And Listing On Binance
In a surprising turn of events, Xai, a layer-3 gaming token, experienced a noteworthy 10% price decline following its listing on the Binance exchange and a subsequent airdrop. This volatility unfolded in the wake of the Xai Foundation’s announcement of a significant gaming token airdrop slated for the year. Adding […]
$SUI Emerges As Top Gainer With TVL Surging To $263M On CMC
In the past week, SUI has seen fluctuating prices but generally an upward trend, backed by robust support levels and expectations of continued market volatility. Within the tech sector, SUI is gaining prominence, notably with recent developments like BitMateX’s introduction of the SUI public chain and collaboration with Karrier One. […]
Blur Token (BLUR) Sees 13.12% Surge Amidst Altcoin Season Kickoff
The governance token for the Blur NFT marketplace and aggregator platform, Blur Token (BLUR), is making waves with a live price of $0.611 USD and a robust 24-hour trading volume of $520 million. Impressively, BLUR has experienced a notable 13.12% increase in the past 24 hours. The recent approval of […]
Bitcoin Exhibits Stability As US Witnesses Historic ETF Debut, But Dips To $42K
Amidst a historic day in the United States and the cryptocurrency realm marked by the launch of the first exchange-traded fund (ETF) dedicated to a single commodity, Bitcoin demonstrated resilience, maintaining a stable position around the $46,000 mark. Data from Binance indicates a notable pattern where the increase in Bitcoin […]
Whales Boost Shiba Inu (SHIB) As Accumulation Trend Gains Momentum
Recent observations by Lookonchain suggest that whales are closely monitoring Shiba Inu (SHIB) and have been strategically adding the popular meme coin to their portfolios. This accumulation has generated increased buying pressure, effectively neutralizing the presence of sellers in the SHIB market. Such significant purchases often lead to a positive […]
Ethereum Classic (ETC) Rockets To Yearly Highs Surpassing $31 Amidst Bitcoin ETF Excitement
In a notable upswing, Ethereum Classic (ETC), positioned as the 21st largest cryptocurrency by market capitalization, has experienced a substantial surge following the announcement of the Bitcoin ETF. Soaring above $31, ETC achieved a yearly high at $31.99, reflecting an impressive gain of over 40%. The surge in trading volume, […]
Dogwifhat $WIF Witnesses Impressive Surge, Nearing All-Time High With Over 100% Gain
The recent upswing in the value of Dogwifhat $WIF echoes the prevailing optimism sweeping through the broader cryptocurrency market, particularly focusing on alternative coins (altcoins). Among Solana-based tokens, Dogwifhat, a memecoin, stands out as the biggest beneficiary of this positive momentum, showcasing an impressive surge of 128% in the last […]
Litecoin ($LTC) Sees Positive Momentum With 5.5% Gain Amid Spot ETF Excitement
As the overall cryptocurrency market enjoys a robust bullish trend, Litecoin ($LTC) has joined the momentum, securing a 5.5% gain and presently trading at $70. This upward movement aligns with the prevailing enthusiasm surrounding the potential approval of Spot ETFs. Litecoin has initiated the new year on a strong note, […]
SEC Faces Investigation Over Alleged Market Manipulation Following False Bitcoin ETF Approval Announcement
The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers […]
Whales Boost Ethereum Holdings With $1 Billion Accumulation Amid ETF Anticipation
During a recent market downturn, Ethereum whales capitalized on the opportunity, amassing an impressive $1 billion in holdings. Cryptocurrency analyst Ali’s data for December revealed a consistent upward trend, showcasing an increase of over 410,000 ETH in holdings by Ethereum whales. In the past month, #Ethereum whales bought over 410,000 […]
Bitcoin Success In El Salvador Inspires Other Nations To Embrace Cryptocurrency
The remarkable success story of El Salvador embracing Bitcoin is resonating globally, inspiring other nations to consider adopting the leading cryptocurrency. President Nayib Bukele of El Salvador has accumulated 2,798 Bitcoins for his country, already generating a profit of $13 million. Notably, this financial gain has been achieved even before […]
Whale Movements In Crypto Space Amidst Price Surge To Watch
Recent on-chain reports have unveiled intriguing activities in the crypto space as Bitcoin ($BTC) and Wrapped Bitcoin ($WBTC) witnessed notable price movement. Lookonchain data indicates that a savvy whale made strategic moves after Bitcoin surpassed the $45,000 mark. The whale deposited a substantial 1,000 $BTC ($22.47M) into Binance after the […]
Stepn’s $GMT Faces Substantial Decline Post Token Unlock
The native token $GMT, associated with the move-to-earn platform STEPN, witnessed a significant downturn, experiencing a 13% decline in the last 24 hours and registering a notable drop of 66% in trading volume over the same period. This downturn is attributed to Stepnofficial’s recent unlocking of 79.2 million $GMT ($28.6 […]
Evmos Foundation Recovers Tokens From Co-founder And Approves Significant $Evmos Burn
In a notable development for the Evmos Foundation, co-founder Akash Khosla, who departed in May 2023 and owns a wallet containing 34 million tokens, had previously attempted to sell 500,000 EVMOS on Osmosis. However, in a positive turn of events, Khosla has agreed to return the EVMOS tokens to the […]