Bitcoin looks relatively calm over the past few days with no major signal for the next actual direction. However, it recently initiated a drop, but quickly bounced back to its trading range as it decides on the next big move. Last week saw Bitcoin through another significant milestone after increasing […]
Tag: crypto
Bitcoin’s Outlook For 2024: Factors And Price Analysis
The year 2024 holds a mix of potential scenarios for Bitcoin, influenced by several key factors including institutional adoption, the halving event, regulatory developments, and global economic conditions. In 2023, the cryptocurrency space faced challenges, notably with Binance and its CEO Changpeng Zhao entangled in legal disputes with the U.S. […]
Ethereum Gains Momentum Above $3,000 Amidst Increasing Staking Activity
Ethereum’s price surge above the $3,000 mark signals a promising trajectory for further growth in the cryptocurrency’s value. Recent data from intotheblock reveals a significant uptick in Ethereum supply staked, reaching 25% last week. This surge in staked Ethereum is attributed to a substantial portion flowing into restaking protocols, reflecting […]
Spell Token (SPELL) Surges Amidst DWF Labs’ Strategic Moves
In recent market developments, Spell Token (SPELL), the native cryptocurrency of Abracadabra Money, has witnessed a notable surge in its value, marking a remarkable 13% increase in the last 24 hours and an impressive 59% surge over the past seven days. This surge in price follows a series of significant […]
Bitcoin ETF Inflows Surge To Over $232M As Investors Flock To Cryptocurrency
The influx of funds into Bitcoin Exchange-Traded Funds (ETFs) has reached a staggering $233 million, signaling a notable surge in investor interest in the cryptocurrency. Despite the inherent volatility of the market, Bitcoin has maintained a relatively stable price, hovering consistently around $51,000. On February 23, reports from SoSoValue indicated […]
Smart Trading Strategies And Whale Moves In The Ethereum Market
As Ethereum experienced a pullback, with its price dipping back to $2900, astute observers noted a savvy trader who capitalized on the market movement. The trader sold 7,425 ETH, amounting to $21.8 million, at $2,937 just a few hours ago, showcasing a keen sense of timing. A smart trader sold […]
SingularityNET’s AGIX Token Surges Amidst Growing Interest In AI-focused Cryptocurrencies
The native cryptocurrency of SingularityNET, AGIX, has emerged as a standout performer this week, experiencing a significant surge in market value. This surge has sparked heightened activity on the Cardano blockchain, reflecting a growing interest in cryptocurrencies with a focus on artificial intelligence (AI). AGIX’s robust price performance and the […]
Whale Activity Sparks Curiosity As ALT Token Surges Over 95% In Last 30 Days
A recent substantial withdrawal of ALT tokens from Binance, a leading cryptocurrency exchange, by a whale address unaffiliated with a centralized exchange (CEX) or team, has sparked intrigue within the crypto investor community. This significant transaction occurred amidst a remarkable surge of nearly 10% witnessed in Altlayer’s native token, ALT, […]
AxieInfinity Co-Founder’s Wallets Compromised In $10.46M Hack
In a recent revelation, Jeffrey Zirlin, the co-founder of axieinfinity and the Ronin network, disclosed that two of his wallets fell victim to a hacking incident on Friday. This has been a tough morning for me. Two of my addresses have been compromised. The attack is limited to my personal […]
Pandora Token Sees Surge In Value Amidst Whales’ Accumulation
Pandora, an experimental token based on the ERC404 standard, has experienced a notable resurgence in trading volume and value over the past week, witnessing a remarkable 23% increase in value within the last 24 hours following a brief dip in its value. 🚨JUST IN: #PANDORA_ERC404'S $PANDORA SKYROCKETS 62% WITHIN 24 […]
Ethereum Faces Volatility As Prices Fluctuate, Some Notable Whale Sell-off To Monitor
Recent movements in Ethereum’s price have showcased a volatile trend, with the cryptocurrency dipping below key support levels of $3,000 and $2,920, and currently trading at $2,944. Insights from @intotheblock reveal that 1.38 million addresses collectively purchased 1.33 million ETH, amounting to $3.9 billion, at an average price of $2,984. […]
Optimism’s Mainnet Surges With Over 60% Daily Active Addresses
Optimism, a Layer 2 network, is experiencing a significant uptick in user activity, with its Mainnet consistently boasting over 60% of the daily active addresses among the top optimistic rollups. This surge in activity marks a pivotal moment in the adoption and utilization of layer 2 scaling solutions within the […]
Crypto Whales Navigate Mixed Signals Amid Market Fluctuations, Top BTC Whales Accumulate More Bitcoins
Whale activity has been a mixed bag lately, with some whales opting to buy while others choose to sell, all in pursuit of capitalizing on recent market movements. Among the largest cohort of whales, those holding between 1,000 and 100,000 BTC, there’s a discernible trend of accumulation, typically associated with […]
Ethereum Faces Volatility As Market Value Surpasses $3K With Whales Selling And Buying More Token
The cryptocurrency community celebrated a significant milestone as Ethereum’s market value surpassed $3,000 for the first time since April 2022. However, the jubilation was short-lived as the broader market experienced a drop over the past 24 hours, signaling a period of volatility. 🧐 #Crypto's celebration of #Ethereum's market value exceeding […]
Arbitrum Token Experiences Price Correction Amidst Concerns About Token Unlock And Massive Sell-offs
The native token of Arbitrum, a blockchain network designed to enhance scalability for Ethereum, has recently encountered a significant price correction. With the token’s value dipping to $1.84 in the past 24 hours, marking a 9% decline, investors have been closely monitoring its performance. At the time of writing, there […]
Starknet’s STRK Token Faces Price Decline After Listing
Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period. The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current […]
Zetachain (ZETA) Reaches New High Before Encountering Downtrend
Earlier this month, Zetachain (ZETA) celebrated a significant milestone as it reached an all-time high (ATH) of $2.854. The surge marked a moment of triumph for the token, buoyed by positive market sentiment and a string of successful partnerships. However, in the past week, Zetachain has experienced a downtrend, witnessing […]
Bitcoin ETFs Volume Reach Record Highs Amid Market Dynamics
Bitcoin exchange-traded funds (ETFs) witnessed unprecedented trading activity, setting new daily volume records, possibly influenced by the closure of markets for Presidents Day. 📈 #Bitcoin #ETF volumes & inflows have seen record daily highs, perhaps aided by closed markets for #PresidentsDay. Amongst the 7 largest ETF's, there was a combined […]