Crypto

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Bitcoin’s Drop Contrasts With S&P 500 Rally Amid Unique Market Dynamics

Despite the S&P 500’s ongoing rally, Bitcoin has experienced a significant decline, marking a rare divergence between these sectors since the stabilization following the FTX collapse in late 2022. Typically, such market conditions would see cryptocurrencies experiencing a relief bounce to catch up. 📊 Bitcoin's plummet has come in spite […]

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Fading Sentiment In XRP, Dogecoin, And Shiba Inu Creates A Potential Buy Opportunity For Patient Traders

The sentiment around major altcoins XRP, Dogecoin, and Shiba Inu has taken a significant hit following their recent price declines. For patient traders who have been waiting for the market to lose interest in these high-profile cryptocurrencies, this dip in sentiment might signal a prime buying opportunity, especially with FOMO […]

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Whales Accumulate $CRV Amid Post-Liquidation Dip, Driving Significant Price Recovery

Amid the recent $CRV liquidation crisis, six major investors, known as whales, have seized the opportunity to accumulate a substantial 55.26 million $CRV, equivalent to approximately $19.4 million. Notably, five of these six whales are first-time $CRV buyers, contributing to a noticeable surge in first-time $CRV purchases over the past […]

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Ethereum Dips Below $3.4K As Major Whale Activity Sparks Market Attention

Ethereum has seen a decline below the $3.4k mark today, further exacerbating concerns among investors. Just before this drop, an Ethereum ICO participant deposited 5,500 ETH ($19.3 million) to Kraken, suggesting significant whale activity. This particular whale, a participant from Ethereum’s initial coin offering (ICO) in 2015, received 150,000 ETH […]

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Bitcoin Holders Face Largest 3-Day Drop In Non-Empty Wallets Since March As Ethereum Wallets Rise

Bitcoin holders have experienced their largest 3-day drop in non-empty wallets since just before the March 14th all-time high. Unlike the previous surge, Bitcoin’s value has been declining, prompting traders to liquidate out of fear of further drops. Meanwhile, the number of Ethereum wallets continues to grow. 📊 Bitcoin holders […]

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Blur Sees Continued Bearish Trend As 37.51M BLUR Unlocked And Transferred To Coinbase Prime

Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]

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Ethereum Memecoin $PEPE Regains Bullish Momentum, Surging 8% Amidst Major Trader Capitulation

Ethereum-based memecoin $PEPE has seen a resurgence today, climbing by 8% and regaining some bullish momentum. However, this slight increase prompted a significant trader to capitulate and sell all of his $PEPE holdings at a break-even price. The trader, who had initially invested 114.7 billion $PEPE for 366.5 $ETH (approximately […]

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Market Fear Surges As Bitcoin Plummets To $65K: Whales Sell, Miners and Retail Investors React

The cryptocurrency market is gripped by fear as Bitcoin has dropped to $65,000, its lowest value since May 16th. This decline has sparked a surge in mentions of selling or taking profit, indicating heightened panic among small traders. Such sentiment often precedes a temporary bounce, presenting potential buying opportunities amid […]

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Bitcoin Supply On Exchanges Hits Lowest Level Since December 2021 Amid Increasing Mining Costs And Whale Activity

The supply of Bitcoin on exchanges has plummeted to its lowest level since December 2021, with only around 942,000 coins available. In contrast, Ethereum and Tether are seeing increased inflows. Historically, the limited supply of Bitcoin available for sale reduces the overall drop-off risk for the entire cryptocurrency market. 😎 […]