Cryptocurrency News
The cost of making transactions on the Ethereum network has significantly decreased to just $2.07, a notable decline from the $15.21 observed on March 4th during a period of high demand. This reduction in transaction fees reflects the cyclical nature of market sentiment in the cryptocurrency space, often characterized by […]
In recent weeks, Ethereum (ETH) has experienced notable price momentum, largely attributed to significant accumulation by Ethereum whales. This trend has caught the attention of crypto enthusiasts and investors alike, signaling positive sentiment towards the digital asset. According to on-chain data analysis, two major ETH accumulators have emerged during this […]
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
Tellor, a decentralized oracle network powering DeFi platforms with real-world data, has seen an astonishing rally, surging by more than 1,025% in only three months. This exceptional ascent has slung Tellor to the 112th position in the cryptocurrency market cap rankings, highlighting its developing unmistakable quality in the crypto space. […]
Chainlink’s $LINK is seeing a noteworthy resurgence, denoting a huge milestone by averaging more than $12.80 since April 2022. This exceptional price rise fills in as serious areas of strength in the cryptocurrency’s powerful market. Chainlink has remained a prominent player in the cryptocurrency space, known for its creative way […]
There are several tokens that are now in the news in the always changing world of cryptocurrency. Due to Celestia’s successful mainnet launch and airdrop, the cryptocurrency world has seen a boom in conversations as it has gained prominence. In the meantime, traders and investors are drawn to other tokens […]
Whales and institutions are accumulating $WLD, a cryptocurrency that has been on a steady rise in recent weeks. This is a bullish sign for $WLD, as it suggests that large investors are bullish on the long-term prospects of the coin. Institutional Whale Accumulation There are a number of reasons why […]
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 […]
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 […]
Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to […]
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. […]
In recent days, Chainlink (LINK) has seen a significant surge in accumulation within its key shark tier, consisting of wallets holding between 10,000 and 100,000 LINK tokens. This surge marks a notable shift in investor sentiment and is indicative of growing confidence in the cryptocurrency. As of the latest data, […]
The ongoing regime of accumulation among Bitcoin HODLers, characterized by a consistent absorption of coins at a rate of +27.1K BTC per month since July 2021, suggests a bullish sentiment in the market. HODLers are individuals or entities that hold onto their Bitcoin investments for an extended period rather than […]
The recent accumulation stage in the Bitcoin market is indicative of the strong conviction and long-term investment strategy adopted by larger holders of the cryptocurrency. Despite the relatively stagnant boring price movement within the $30k to $31k range, these “sharks” and “whales” continue to accumulate substantial amounts of Bitcoin. This […]