Cryptocurrency News
Last week, the cryptocurrency market experienced a widespread drop in market capitalization, affecting various altcoins, including Litecoin ($LTC), Ripple ($XRP), and Stellar ($XLM). However, recent developments indicate that these altcoins are showing signs of recovery, with market value to realized value metrics indicating that many traders are currently facing significant […]
In 2023, the development landscape in the cryptocurrency space witnessed intriguing dynamics. Polkadot and Kusama, both known for their innovative approaches to blockchain interoperability, initially dominated GitHub activity, showcasing their commitment to continuous improvement and technological advancement. This active involvement signaled their dedication to refining their platforms and fostering a […]
The recent sharp decline in Bitcoin’s price from $29k to $25k within 24 hours has sent shockwaves through the cryptocurrency market. This significant drop has resulted in the liquidation of 174,892 traders, amounting to a staggering $1.04 billion in total liquidations. Biggest Liquidation Since FTX Collapse Long positions totaling $843.83 […]
The recent significant price drop in the crypto markets happened yesterday and it has left an atmosphere of uncertainty and volatility. The aftermath of this event has been marked by notable activities, particularly in the Bitcoin (BTC) realm. Large transactions of $1 million or more involving BTC have become conspicuous, […]
LunarCrush, a social media analytics platform for crypto, has revealed the top trending cryptocurrencies for trading this week. The coins on the list have seen a significant increase in social media mentions and activity, which could indicate that they are poised for further price gains. The top trending coins for […]
The imminent Bitcoin ETF news has garnered significant attention, with market participants anticipating a delay, which may already be factored into Bitcoin’s current price. However, if the SEC unexpectedly approves or rejects the ARK ETF, the repercussions could be substantial. ARK ETF Approval In the event of approval, the ARK […]
In the current market landscape, altcoin prices have shown a slight upward trend today, but the struggle for mid and small cap coins to gain momentum on a weekly basis remains evident. Amidst this scenario, the spotlight seems to have shifted towards Shiba Inu (#SHIB), a memecoin that has emerged […]
As Bitcoin regains momentum and surpasses the $30,000 mark, the entire cryptocurrency market is experiencing a renewed sense of confidence. This resurgence in Bitcoin’s value has brought about a ripple effect in the altcoin space, with several coins showing signs of life. Among the top three coins to watch as […]
Binance, the world’s largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador. This is a major milestone for Binance and for the adoption of cryptocurrency in El Salvador. El Salvador made history in 2021 when it became the first country in the world to adopt […]
The recent developments in the Cardano ecosystem are indicative of both market dynamics and blockchain adoption trends. The price of Cardano (ADA) hovering around $0.29 suggests a level of stability and investor interest, although it’s crucial to note that cryptocurrency markets can be highly volatile. Whale Accumulation The accumulation of […]
During this summer, Chainlink (LINK) has experienced a significant surge in development activity, propelling it to the ranks of the top 5 most frequently developed assets in the cryptocurrency space. This heightened development underscores the project’s commitment to continuous improvement and innovation within the decentralized oracle network sector. ChainLink Whales […]
As the week approaches its end, it is crucial to closely monitor polarizing topics that could significantly impact the financial markets. Three key subjects stand out: Curve, RWA, and the Litecoin halving price performance. Curve, a decentralized exchange protocol, has garnered attention due to its innovative nature and potential to […]
In August, Bitcoin’s address activity experienced a notable surge, reaching its highest level in 3.5 months, with approximately 1.07 million unique addresses integrating into the Bitcoin network. This influx of new addresses represents the most significant growth since April 17th. The increased utility on the network is a positive indicator […]
In recent times, the Bitcoin market has witnessed a notable phenomenon – the rise of whales, individuals or entities holding substantial amounts of the digital asset. As of now, there are 15,870 addresses that possess at least 100 $BTC each, constituting a formidable collective force in the crypto space. The […]
Bitcoin’s recent surge above $30k indicates a potential reversal of the bearish sentiment that plagued the market in the past week. The price decline likely prompted many traders to capitulate and sell off their positions, leading to increased selling pressure. However, the current rise in trading volume suggests renewed interest […]
Today’s surge in WrappedBitcoin (WBTC) activity, driven by two significant 2,000 $WBTC moves, has led to a drop in exchange supply. This decrease in available WBTC on exchanges suggests increased demand and potential interest from investors and traders. The surge in on-chain transaction volume, reaching its highest level in over […]
China’s commitment to the blockchain sector remains steadfast as it gears up to develop blockchain infrastructure in Shanghai by 2025. The city’s governor unveiled an implementation plan on July 31st, outlining the strategic goal of advancing Shanghai’s digital development. The plan is set to promote the widespread application of blockchain […]
Bitcoin adoption has indeed shown remarkable growth as indicated by the record-breaking Number of Addresses with a Non-Zero Balance, reaching an all-time high of 47.9 million. This surge in addresses with a positive balance signifies an increasing number of individuals and entities participating in the Bitcoin ecosystem, suggesting growing interest […]