Cryptocurrency News
Crypto news
Avax has been gaining traction since it established support in September. This action triggered a pause in its long-term selling as it bounced to test a vital resistance line today. A drop can be expected if a breakout fails. The past weeks saw Avalanche’s price through an impressive gain as […]
Bitcoin, the pioneer of cryptocurrencies, made a significant statement in the crypto world when it experienced its largest volume spike on a Monday, shortly after breaking the $28.4K mark for the first time since mid-August. This remarkable surge in trading activity suggests renewed interest and enthusiasm in the digital gold […]
Wrapped Bitcoin (WBTC), a tokenized representation of Bitcoin on the Ethereum blockchain, is currently experiencing notable activity and metrics that mirror previous crypto market rallies. These indicators suggest growing interest and participation in the WBTC ecosystem. Whale Transactions: WBTC is witnessing its highest rate of transactions involving large whales holding […]
Bitcoin, the leading cryptocurrency, is witnessing a significant accumulation trend among mid to large-sized wallets, indicating a resurgence of institutional and high-net-worth investor interest. Over the past six weeks, these wallets have added a substantial 71,155 BTC, equivalent to approximately $1.95 billion at current prices. Accumulation by Mid to Large-Sized […]
Traders and investors are expressing increasing optimism for Avalanche (AVAX) as a result of innovative developments within the ecosystem. The emergence of StarsArena, a platform enabling users to purchase shares and tip valuable content, has injected new activity into AVAX addresses, signaling a wave of positivity that may have broader […]
While the cryptocurrency community has been abuzz with discussions about the SEC’s appeal against Ripple and the subsequent denial affecting XRP, there have been notable developments in the broader altcoin market that merit attention. RAY’s Remarkable Surge: Raydium ($RAY) recently experienced an astonishing +24% price pump in less than one […]
In a single day, the United States added an astonishing amount of debt at $275B, surpassing half of Bitcoin’s entire market capitalization. This significant increase in debt, equivalent to around 10 million BTC, underscores the ongoing challenges in the global financial landscape. However, despite these glaring indicators, some individuals remain […]
As the cryptocurrency market experiences an extended ranging period for Bitcoin, the decoupling of various altcoins from each other is becoming increasingly evident. This phenomenon is exemplified by the recent performance of specific altcoins, such as FET, LRC, REN, and TVK, each with its unique characteristics and supply dynamics. FET […]
Shibarium, a layer-2 solution for the Shiba Inu ecosystem, has recorded over 3.3 million completed transactions and 1.25 million wallet addresses within two months of its launch. This is a significant milestone for the project, and it suggests that Shibarium is being well-received by the community. Shibarium has the potential […]
The cryptocurrency space is continually evolving, with blockchain projects striving to innovate and improve their ecosystems. A key metric to gauge the vitality and progress of these projects is developer activity. In September 2023, several cryptocurrencies stood out for their remarkable developer engagement and contributions. Cardano (ADA): Topping the list […]
Tether (USDT), one of the leading stablecoins in the cryptocurrency market, has recently exhibited significant activity, with a notable surge in its presence on exchanges and an increase in holdings among its top addresses. These developments hint at a potential shift in the dynamics of the cryptocurrency market. Exchange Supply […]
In a notable turn of events, a substantial amount of 37 million MATIC tokens, the native cryptocurrency of the Polygon Network, was transferred from a whale Proof-of-Stake (PoS) address to a three-year-old wallet. This transaction took place against the backdrop of a relatively mild 4% price increase for MATIC, which […]
In a major victory for Ripple and the cryptocurrency industry, the US Securities and Exchange Commission’s (SEC) appeal on its accusation of the company’s alleged unlawful sales of securities has been denied. SEC Loses Against Crypto, Again! The ruling, which was issued by the US Court of Appeals for the […]
Bitcoin recently made a significant move by surging above the $28,000 mark for the first time in six weeks, catching the attention of the cryptocurrency community. Several noteworthy developments preceded this bullish movement, shedding light on the evolving dynamics of the crypto market. Large Transactions: Just prior to Bitcoin’s ascent, […]
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 […]
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 […]
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 […]