Cryptocurrency News
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 […]
As top memes tokens bounced back in the latest market recovery, Bonk saw the most daily gains among the top 10 with a traded volume of $450 million in the last 24 hours. It remains bearish but poises for an increase on the hourly chart. After losing more than half […]
Bitcoin jumped 10% yesterday and broke through a key resistance to reach a new milestone. The price has dropped slightly in the past but remained strong on the daily outlook with a current dominance of 53.3% against altcoins. Following a sudden crash to the $40,500 level last week, Bitcoin reacted […]
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 $13 million. Notably, this financial gain has been achieved even before […]
Recent on-chain reports have unveiled intriguing activities in the crypto space as Bitcoin ($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 […]
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 […]
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 […]
After last week’s crash, which sent most altcoins their new lows, SOL fell below an important mark level and continued to show signs of weakness. It bounced off a low today but is likely to resume selling shortly. During the late 2023 mini rally, Solana enjoyed a massive volume inflow […]
This year has been a poor start for KSM following an ongoing massive sell-off in the overall crypto space. Despite losing more than half of its price in the last two weeks, it has initiated more drops today. After breaking out in late December, KSM witnessed a massive surge in […]
In the face of recent market volatility, Chainlink, a blockchain project with considerable long-term potential, is gaining attention for whale activities that suggest confidence in the project’s future. Recent insights from Lookonchain reveal substantial accumulation of $LINK tokens by a whale or institution. Notably, 12 newly-created wallets, likely linked to […]
Bitcoin encountered a minor setback, experiencing a $1,000 drop (-2.3%) on Monday. Notably, F2Pool deposited 1,000 BTC ($43.96 million) to Binance during this period, contributing to the slight decline, following a similar deposit two days prior. Why did the price of $BTC drop $1K (-2.3%) in the last 7 hours? […]
DOT has been on a steady fall for almost two weeks. It has lost a lot of key levels for rebound and is now in search of solid ground. The price may roll back to the bottom if the current support level fails to hold. Last month ended slightly bearish […]
While most gaming cryptocurrencies bounced back from their weekly lows, GMT saw the most recovery overnight as it leads the top-gainer chart with a 50% surge in the last 24 hours. Now trading near its one-year high. After witnessing an impressive bullish run in the last quarter of 2023, Stepn […]
Litecoin has been relatively calm for three days following a sharp rejection from a four-month dip in the mid-week. The price is down by 10% weekly, but whether it will continue to drop is unknown yet. After testing a multi-month high of $79.69 last December, Litecoin exhausted buying pressure and […]
Despite the anticipation surrounding crypto coins and the optimism fueled by Bitcoin’s supposed positive effect on altcoins, some coins started the year on a bear trend. Avalanche and Shiba Inu are two particular coins that have been on a bearish trend since the start of the year. However, considering the […]
Tectum Emission Token ($TET), operating on Tectum’s native blockchain with an impressive transaction capacity of 1.3 million, offers a range of utilities. This includes minting SoftNote Bills, enjoying reduced merchant fees, creating T12-20 standard project tokens. Then, accessing various Tectum/CrispMind products. The token empowers users to navigate the realm of […]
In a significant stride towards embracing innovative digital currency solutions, Nigeria is gearing up for the launch of the compliant Nigeria Naira (cNGN) stablecoin. This will launch on February 27, 2024, as announced by the Africa Stablecoin Consortium (ASC). Comprising fintechs, financial institutions, and blockchain professionals in Nigeria, the consortium […]
Ethereum, the second-largest cryptocurrency by market capitalization, exhibited a brief upswing today, instilling confidence among investors. However, a notable transaction occurred amid a marginal dip in the token’s value, shedding light on the ongoing battle between bullish and bearish sentiments. Paradigm, an institutional liquidity network, executed a deposit of 6,500 […]