Cryptocurrency News
Throughout 2024, long-term Bitcoin holders have been steadily reducing their holdings. In May, there was a notable sell-off, with 160,000 BTC (approximately $10 billion) sold. This trend slowed somewhat in June, with 40,000 BTC leaving long-term holders’ wallets. Long-term BTC holders have been reducing their holdings throughout 2024. May saw […]
Posting a notable gain in a week, Kaspa is trading back at the top after scaling through several key resistance levels in the past months. It is on the verge of breaking up again as the buyers gain more control. KAS has shown signs of strength on the macro level […]
Matic’s bearish structure remains intact but is now trading calmly in a demand zone after losing more than half of its value in three months. This could be a turning point for the asset if the bulls act upon the zone. After undergoing a series of reductions in the past […]
In a remarkable turn of events, a crypto trader managed to transform an initial investment of $350 into a staggering $260,000 within just two weeks by trading three different tokens. Here’s a breakdown of this extraordinary journey: How can this Trader make a profit from $350 to $260K (x790) in […]
This week, the Blast_L2 airdrop made a historic impact, breaking records across the board. Daily fees soared to an unprecedented $1.23 million, marking a 2400% increase from the previous day and surpassing the total of $1.05 million from the entire past week. This spike in activity represents 7% of all […]
The Bitcoin network is experiencing a significant downturn in active addresses, with recent data showing a sharp decline. According to @intotheblock, the proportion of weekly active addresses has plummeted to 1.22%, a figure not seen since November 2010. This decline is further highlighted by the total number of active wallets, […]
VanEck’s recent filing for a Solana ETF briefly boosted SOL’s price, demonstrating the power of crowd optimism. The mere act of filing was enough to spark excitement among traders, leading to a temporary uptick in SOL’s value. 🥳 VanEck's filing for a Solana ETF caused SOL's price to surge today. […]
Amid recent market recovery, Akash’s AKT landscape has briefly changed to bullish following an impressive gain since yesterday. While the market sentiment remains bearish, we may see a continuation of the supply level increases. During the last leg down, AKT lost the vital $3 level following a steady meltdown since […]
The last four days have seen Dogwifhat WIF through a notable recovery after witnessing a roller coaster for a month. But things are looking a bit dicey as the leading Solana meme coin has faced rejection since yesterday. Following a lower low and lower high movement from $4.08 in late […]
Amid a recent bloodbath, Polkadot DOT found a solid ground level and climbed back above the lost $6 level. It is currently facing a key resistance line on the daily chart. A break above this resistance should signal a buy. Last week saw Polkadot through an extension of a correction […]
At 2:00 PM UTC on June 26, $BLAST was officially listed on Upbit and Coinbase, creating significant buzz in the crypto market. Those who had staked $BLUR received an airdrop of $BLAST, but many participants have raised concerns about the fairness of the distribution ratio. Amid the excitement, prominent investor […]
Another major investor in ENA has capitulated, selling at a considerable loss. The investor, identified by the wallet address 0x2Ea…4adEE, initially increased his position from $1.41 to $0.70 as prices fell. He then opened a significant position of 10.99 million ENA, worth $11.12 million, at an average price of $1.01. […]
On June 24th, Bitcoin whales demonstrated their influence by accumulating a staggering $436 million worth of BTC. According to data from @intotheblock, holders who control at least 0.1% of the total Bitcoin supply increased their holdings by 7,130 BTC in a single day as Bitcoin’s price briefly dipped below $60,000. […]
Following serious sell-offs in the past months, Arbitrum ARB looks extremely oversold on a daily scale with no signs of recovery. However, it has found temporal support above $0.7 but is yet to signal a buy. Three weeks ago, ARB lost the key $1 level after witnessing a lot of […]
Despite the prevailing market fear, uncertainty, and doubt (FUD), Bitcoin’s largest wallets have experienced a significant net inflow, marking the highest level since late May. Yesterday alone, holders controlling at least 0.1% of the total BTC supply added 7,130 BTC, valued at approximately $436 million, to their wallets. Despite market […]
Avalanche ($AVAX), which reached a yearly high of approximately $64 in March 2024, has experienced a significant price decline, falling 61% to its current trading price of $25. This downturn has affected a large portion of AVAX investors. Data from @Intotheblock reveals that 4.37 million addresses, representing 52% of all […]
Dogwifhat ($WIF) has successfully maintained a trading price above the $2 mark today. According to recent on-chain reports, the largest holder of $WIF has made significant moves to increase their holdings. Eight hours ago, this whale spent 4.65 million $USDC to purchase 2.3 million $WIF at a price of $2.03 […]
AI-related cryptocurrency tokens such as Fetch.ai ($FET), SingularityNET ($AGIX), and Injective ($INJ) have performed exceptionally well over the past day, despite a notable 6.6% drop in Nvidia’s stock. Nvidia, a leader in AI technology, experienced an 11.08% decline over the past five days due to concerns about executive stock sales. […]