Google Cloud is making significant strides in the cryptocurrency and blockchain space by expanding support for various blockchains within its BigQuery data analytics service. This move underscores Google’s recognition of the growing importance of blockchain technology and the data it generates. Google Cloud Supports 11 Additional Blockchains The addition of […]
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Mt. Gox Trustee Extends Repayment Deadline Amidst Ongoing Saga But There’s A Catch
The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale […]
Bitcoin/Ethereum Ratio Reaches New One-Year High: Implications For Crypto Investors
In the ever-evolving world of cryptocurrency investment, one metric that has recently grabbed the attention of analysts and traders alike is the Bitcoin/Ethereum ratio. This ratio measures the relative performance of Bitcoin (BTC) against Ethereum (ETH), two of the most prominent cryptocurrencies in the market. As it reaches a new […]
Smart Crypto Whale’s Massive $40 Million ETH Withdrawals From Binance: What Does It Mean?
Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. […]
Immutable X (IMX) Sees Record Whale Activity as $18M+ Tokens Move From Kraken To Coinbase
Immutable X (IMX), currently ranked 46th by market capitalization, is making waves in the crypto world as it experiences an unprecedented surge in whale activity. In a surprising turn of events, a notable whale has suddenly amassed over $18 million worth of IMX tokens. This event coincided with substantial transfers […]
Bitcoin Traders’ Aggressive Shorting On Binance Can Potentially Cause A Price Increase Impact, Here’s How
In recent weeks, the Bitcoin market has witnessed a surge in aggressive shorting on major exchanges, most notably on Binance. This development has sent ripples through the cryptocurrency community, with traders and analysts closely monitoring the situation. As a result of this increased shorting activity, Bitcoin’s price has experienced a […]
Cryptocurrency Resilience Shines Amidst Fed’s Rate Decision and Stock Market Volatility
In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation. This decision comes at a time when the global financial landscape is […]
Bitcoin’s Onchain Activity Surges, Reaching April Levels
Bitcoin, the world’s leading cryptocurrency, is experiencing a resurgence in onchain activity that hasn’t been seen since April. This surge in utility and engagement within the network is sparking excitement and speculation within the crypto community. Active 1.1M Addresses In September One of the standout metrics is the remarkable increase […]
Nomura’s Adoption Fund Boosts Bitcoin To $27.2K – A Milestone For Crypto
In a significant development for the world of cryptocurrency, Bitcoin experienced a substantial surge, reaching a price of $27.2K, following the announcement of Japan’s largest investment bank, Nomura, launching an Adoption Fund specifically tailored for institutional investors. This marks a pivotal moment in the ongoing efforts within the crypto industry […]
Dogelon Mars: The Fastest Rising Asset In Crypto
Dogelon Mars (ELON) is a meme coin that has been gaining popularity in recent months. The token is named after the dog of Elon Musk, Dogecoin co-founder Billy Markus, and Dogecoin mascot Floki Inu. ELON is the fastest rising asset in crypto, ahead of Bitcoin (BTC), Chainlink (LINK), and Bluzelle […]
Ethereum ICO Whale Deposits 6,000 ETH Into Kraken, Sparks Selling Pressure Speculations
In a significant move in the world of cryptocurrency, an Ethereum whale recently deposited a substantial amount of 6,000 ETH (Ethereum) into the Kraken exchange, with a current valuation of approximately $9.96 million. This transaction, occurring just 50 minutes ago, has piqued the interest of the crypto community due to […]
Current Popular Crypto Narratives That Would Spearhead The Next Bitcoin Market Bull Run
The crypto market has been in a bear market for the past few months, but there are signs that the next bull run is on the horizon. Here are some recent, current, and popular crypto narratives, including RWA, that will spearhead the next Bitcoin market bull run: Institutional Adoption Institutional […]
Bitcoin Addresses Holding 0.1+ Coins Hit All-Time High Amidst Market Volatility, Adding Almost 1,000 New Addresses
In the world of Bitcoin, where market dynamics are closely scrutinized, an interesting trend has emerged. The number of addresses holding 0.1 or more Bitcoin, often considered a metric of strong investor confidence, has just reached an all-time high (ATH) of 4,487,486. What makes this achievement even more remarkable is […]
Chainlink’s Noncirculating Supply Wallet Deposits 15.7M $LINK into Binance, Signaling Potential Volatility Ahead
Chainlink (LINK), one of the leading decentralized oracle networks in the blockchain space, is making waves with recent developments involving its non-circulating supply wallet. In a surprising move, the Chainlink Non-Circulating Supply wallet deposited a substantial 15.7 million $LINK tokens, equivalent to approximately $97.5 million, into the Binance exchange. This […]
Cryptocurrency Exchange Supply Trends Signal Market Sentiment
The cryptocurrency market is in a state of flux, with Bitcoin and Ethereum exchange supplies showing a steady decline, while Tether, the popular stablecoin, is resurging in circulation. These trends offer valuable insights into the current sentiment and potential future movements within the crypto space. Bitcoin and Ethereum, the two […]
Bitcoin Reaches New Milestone With Over 1 Million Addresses Holding 1+ Coins
Bitcoin, the world’s leading cryptocurrency, has once again made headlines as it reached a historic milestone. The number of addresses holding at least 1 Bitcoin (1+ coins) recently hit an all-time high (ATH) of 1,020,472. This achievement comes just days after the previous ATH of 1,020,442 was observed on 14th […]
Deutsche Bank’s Strategic Move Into Crypto Custody
In a groundbreaking development within the financial industry, Deutsche Bank, one of Europe’s largest and most renowned financial institutions with €1.34 trillion in assets under management, has forged a strategic partnership with Swiss cryptocurrency firm Taurus. The aim? To provide comprehensive Bitcoin and cryptocurrency custody services to their clients. Traditional […]
VeThor (VTHO) Taking Volume from VeChain (VET) Following Coinbase Listing
The Coinbase listing of VeChain (VET) and VeThor (VTHO) has had a significant impact on both tokens, with VTHO seeing far more notable gains than VET. In the past day, VET is up 9.4%, while VTHO is up 73.9%. This has led to VTHO taking volume from VET, as investors […]