Tag: bitcoin

Crypto, News

Top BNBChain Projects Showcase Impressive Developer Activity In October

As of October 10th, 2023, BNBChain, the blockchain network associated with Binance Coin (BNB), is buzzing with developer activity across various projects. These statistics, sourced from Santiment, highlight the commitment of developers to enhancing the BNBChain ecosystem. TrustWallet Leads The Pack Leading the pack is TrustWallet, with a remarkable developer […]

Crypto, News

Binance Adds Bitcoin Halving Countdown On Homepage, As CZ Shares His Thoughts On The Event

The Bitcoin halving event has long been a topic of anticipation and discussion within the cryptocurrency community. Recently, Binance added a Bitcoin halving countdown to its homepage, drawing attention to this significant event. Changpeng Zhao, CEO of Binance, commonly known as “CZ,” also shared his insights on what typically transpires […]

Crypto, News

Wrapped Bitcoin (WBTC) Signals Growing Interest, With Highest Transaction Involving $1M Whales

Wrapped Bitcoin (WBTC), a tokenized representation of Bitcoin on the Ethereum blockchain, is currently experiencing notable activity and metrics that mirror previous crypto market rallies. These indicators suggest growing interest and participation in the WBTC ecosystem. Whale Transactions: WBTC is witnessing its highest rate of transactions involving large whales holding […]

Crypto, News

Bitcoin’s Accumulation Trend By Mid To Large-Sized Wallets Signals Institutional Interest, Adding 71,155 BTC

Bitcoin, the leading cryptocurrency, is witnessing a significant accumulation trend among mid to large-sized wallets, indicating a resurgence of institutional and high-net-worth investor interest. Over the past six weeks, these wallets have added a substantial 71,155 BTC, equivalent to approximately $1.95 billion at current prices. Accumulation by Mid to Large-Sized […]

Crypto, News

Ripple’s Legal Victory Amidst Altcoin Surges: A Snapshot of Crypto Markets

While the cryptocurrency community has been abuzz with discussions about the SEC’s appeal against Ripple and the subsequent denial affecting XRP, there have been notable developments in the broader altcoin market that merit attention. RAY’s Remarkable Surge: Raydium ($RAY) recently experienced an astonishing +24% price pump in less than one […]

Crypto, News

Altcoins’ Decoupling And Rising Supply And Volatility, Watch Out For $FET, $LRC, $REN, and $TVK

As the cryptocurrency market experiences an extended ranging period for Bitcoin, the decoupling of various altcoins from each other is becoming increasingly evident. This phenomenon is exemplified by the recent performance of specific altcoins, such as FET, LRC, REN, and TVK, each with its unique characteristics and supply dynamics. FET […]

Crypto, News

Crypto Projects Like $ADA, $DOT, $LINK, $HBAR, $ATOM Are Leading The Pack In Developer Activity For September 2023

The cryptocurrency space is continually evolving, with blockchain projects striving to innovate and improve their ecosystems. A key metric to gauge the vitality and progress of these projects is developer activity. In September 2023, several cryptocurrencies stood out for their remarkable developer engagement and contributions. Cardano (ADA): Topping the list […]

Crypto, News

Tether’s Surge In Exchange Supply And Top Holder Holdings Signals Crypto Market Activity

Tether (USDT), one of the leading stablecoins in the cryptocurrency market, has recently exhibited significant activity, with a notable surge in its presence on exchanges and an increase in holdings among its top addresses. These developments hint at a potential shift in the dynamics of the cryptocurrency market. Exchange Supply […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 2) – BTC Continues To Defy Odds As It Breaks Higher, Are Bulls Back?

Bitcoin’s sentiments continued to follow a bullish trend since it found solid ground last month. Yesterday, it broke through a vital resistance line as it targets August’s breakdown level with 10% gains in a month. Here is a quick recap from last month’s recovery: Bitcoin tested the low of $25,000 […]

Crypto, News

Bitcoin’s Resurgence: Large Transactions and Decreasing Exchange Supply Inspire The $28k Price Run

Bitcoin recently made a significant move by surging above the $28,000 mark for the first time in six weeks, catching the attention of the cryptocurrency community. Several noteworthy developments preceded this bullish movement, shedding light on the evolving dynamics of the crypto market. Large Transactions: Just prior to Bitcoin’s ascent, […]

Crypto, News

Altcoins ($AAVE, $ADA, $CRV) Move During Bitcoin’s Price Rebounds: Potential Decoupling Ahead

As Bitcoin briefly surpassed the $28,000 mark to kick off October, the cryptocurrency market witnessed several price rebounds, offering a brief window of profit-taking opportunities. Among the numerous altcoins in the market, three specific ones – Aave ($AAVE), Cardano ($ADA), and Curve DAO Token ($CRV) – garnered significant attention as […]

Featured

Potential Impact of $17.7T Asset Managers Interest And ETF Approvals On The Cryptocurrency Space

The cryptocurrency space is poised for a seismic shift as asset managers with a combined worth of $17.7 trillion express significant interest in Bitcoin. This enthusiasm is primarily driven by the anticipation of approval for multiple Bitcoin Exchange-Traded Funds (ETFs). Here’s a comprehensive look at what could unfold if these […]

Crypto, News

Crypto Market Gains Momentum: $BCH, $LINK, $MKR, and $RUNE Shine

The cryptocurrency market has experienced an upbeat week with notable gains seen across various digital assets. Bitcoin Cash (BCH), Chainlink (LINK), Maker (MKR), and THORChain (RUNE) stood out as top performers, each posting impressive double-digit increases in their market capitalization. This surge in momentum is accompanied by signs of accumulation […]