After witnessing a massive explosion in June, BCH corrected lower and entered the second half of the year in a bearish mode. However, it later established support and bounced back. Against Bitcoin, the price remains strong. Bitcoin Cash started to gain traction after locating support at $165.5 in August. It […]
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Whale Makes $1.75M Profit With $FRONT Investment After Waiting For 8 Months
In January, this anonymous investor withdrew a substantial 7 million $FRONT tokens, valued at $1.33 million at the time, demonstrating their confidence in the project’s long-term potential. Whale Held $FRONT For Straight Eight Months Fast forward eight months, and this investor’s patience has paid off. The price of $FRONT has […]
Bitcoin’s Whirlwind: Addresses Holding 1k+ Coins Surge Amid SEC Confrontation
Recent data reveals a remarkable shift in the number of addresses holding 1,000 or more Bitcoins, with the count rising to 2,001. This significant milestone comes just 24 hours after Bitcoin’s Number of Addresses Holding 1k+ Coins hit a four-year low of 1,997. Congressmen Puts Pressure On SEC Chair Gary […]
BONE Renouncing: A Bullish Sign for the Shiba Inu Ecosystem
BONE is the gas token of the Shiba Inu ecosystem’s upcoming Shibarium layer-2 scaling solution. On September 26, 2023, the BONE contract was renounced, meaning that the contract owner has relinquished control and the token is now fully decentralized. The deed is done, $BONE is now renounced via the TopDog […]
ETHEREUM PRICE ANALYSIS & PREDICTION (September 26) – ETH Calms Under $1,600 As Volatility Shrinks, Is Another Storm Around The Corner?
Ethereum started the second half of the year on a bearish note with no sign of recovery at the moment. However, the price has stalled below a key level for days. A surge above that level could activate a fresh increase. This month, Ethereum continued to show signs of weakness […]
Elon Musk’s Tesla May Recommence Bitcoin Payments After Bloomberg Report
In 2021, Elon Musk announced that Tesla would stop accepting Bitcoin payments due to concerns about the environmental impact of Bitcoin mining. However, he also said that Tesla would resume accepting Bitcoin payments once mining becomes approximately 50% sustainable. This is inaccurate. Tesla only sold ~10% of holdings to confirm […]
Loom Network Surges To Highest Price Since December 2021: Is An Extended Rally Imminent?
In a noteworthy development, the price of Loom Network ($LOOM) has recently reached its highest level since December 2021, surpassing the $0.126 mark before a minor correction. This surge in value has caught the attention of crypto enthusiasts and investors alike, prompting a closer examination of the potential factors behind […]
Bitcoin Hits 900 Million Transactions: A Milestone Amidst the Halving Event
Bitcoin, the pioneering cryptocurrency, has achieved yet another significant milestone on its journey to becoming a global digital asset. With over 900 million transactions processed, this achievement couldn’t have come at a more intriguing time, as the next halving event approaches. Bitcoin Hits Major Milestone The 900 million transaction mark […]
The Impact Of Increasing Self-Custody On $SUSHI, $REEF, $ELF, $BICO, $CRV, and $INJ
Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated […]
Chinese Court Recognizes Bitcoin As A Unique Digital Asset With Inherent Value
In a surprising turn of events, the Shanghai No.2 Intermediate People’s Court in China has officially recognized Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value. This landmark decision comes despite the Chinese government’s hostile stance on cryptocurrencies, including a blanket ban on all […]
CURVE DAO PRICE ANALYSIS & PREDICTION (September 25) – CRV Gains 8% Overnight Amid Bearish Trend, What Happened?
CRV saw notable gains in the past few days following a recent recovery in the global market cap. However, its mid-term bearish trajectory is still intact. It leads the top-gainer chart with an 18% increase in the past 7 days. Two weeks ago, CRV bounced off a crucial support level […]
Altcoin Whales Shake Up Linear ($LINA) And Decentraland ($MANA) In 2023
While some altcoins have seen meteoric rises, others have displayed a rather unassuming price performance. However, two tokens that have recently caught the attention of the crypto community are Linear ($LINA) and Decentraland ($MANA). What makes them noteworthy is the sudden surge in whale transactions (3 months high), which have […]
MicroStrategy Bolsters Bitcoin Holdings with $147.3 Million Purchase
In a move that reaffirms its commitment to cryptocurrencies, MicroStrategy, a leading business intelligence firm, has recently announced the acquisition of an additional 5,445 Bitcoin (BTC) for approximately $147.3 million. This strategic investment was made at an average price of $27,053 per BTC, further expanding MicroStrategy’s already substantial crypto portfolio. […]
Making Informed Investments: A Lesson From A Whale’s $15K Loss On $ARB
Approximately 40 minutes ago, a notable crypto investor withdrew a substantial amount of $ARB tokens, totaling $1.14 million, from the popular exchange #Binance. This move came after the investor had initially deposited $1.13 million worth of $ARB on July 3rd when the token was valued at $1.17 per coin, resulting […]
Whale Activity Signals Bullish Sentiment As $CRV Price Surges 12%
In the world of cryptocurrencies, whale activity often serves as a significant indicator of market sentiment and trends. Today, the price of $CRV, the native token of Curve Finance, saw a remarkable surge of approximately 12%. This surge is accompanied by notable whale activity, indicating that large investors are accumulating […]
BITCOIN PRICE ANALYSIS & PREDICTION (September 24) – BTC Stays Calm Under $27k, Fresh Dip in Play?
The sentiments surrounding Bitcoin lately appeared bullish, but things are still not looking good for the most-traded asset as it remains bearish on the weekly. It currently looks stable with a market dominance of 49.1%. Last week saw Bitcoin suddenly rebound after testing the $24,900 level (April’s resistance) as monthly […]
Ethereum’s Declining Exchange Balance Signals Strong Hodling Sentiment, Exchange Balance At 14,580,091.144 ETH
Ethereum (ETH) is experiencing a remarkable trend as its balance on cryptocurrency exchanges hits a five-year low, currently standing at just 14,580,091.144 ETH. This significant decrease in the amount of Ethereum held on exchanges is a clear indicator of a growing “diamond hands” sentiment within the cryptocurrency community. About 4,000 […]
Bitcoin’s Historical Resilience In The Face Of China’s Repeated Regulatory Measures
China has banned Bitcoin multiple times, but Bitcoin has always managed to bounce back. The first ban was in 2013, when the People’s Bank of China (PBOC) issued a notice prohibiting financial institutions from using or trading Bitcoin. The PBOC also warned against the risks of Bitcoin investing, citing its […]