Cryptocurrency News
The stablecoin market has grown exponentially, becoming a crucial component of the cryptocurrency ecosystem. From a modest $1 billion supply in 2018, the stablecoin market has expanded to over $160 billion by 2024. This massive growth underscores the critical role stablecoins play in providing liquidity, stability, and utility for numerous […]
In the last five months, Bitcoin wallets holding at least 10 BTC have seen a significant increase in their holdings. According to analysis from Santimentfeed, these wallets have collectively acquired an additional 154,560 BTC. Historically, such accumulation by large BTC holders often precedes a bullish market phase, as it indicates […]
Recent on-chain data analyzed by Spotonchain reveals significant movement of assets involving FTX and Alameda wallets. Approximately $105.9 million worth of 19 altcoins were transferred to two middle wallets in a recent transaction. #FTX and #Alameda wallets moved out $105.9M worth of 19 altcoins to 2 middle wallets ~14hrs ago, […]
The cryptocurrency market has kicked off the week with a downward trend, particularly affecting altcoins. Investors are closely monitoring the performance of Bitcoin and Ethereum to assess their resilience amidst the broader market downturn. Additionally, there is heightened interest in various trading strategies, with a focus on AI-driven approaches and […]
Amidst the ongoing bullish season in the cryptocurrency market, there has been a surge in inflows, particularly with stablecoins flowing into exchanges, as per recent reports. According to insights from Lookonchain, a significant whale has re-entered the crypto market, initiating substantial fund injections. Over the past 26 hours alone, this […]
Bitcoin’s market value surged to $46.3K today, further solidifying its dominance over altcoins as traders remain cautious for the third consecutive week. The recent surge in Bitcoin’s price is attributed to crowd bearishness over the past three weeks. Santiment data reveals that only 5.3% of Bitcoin is currently held on […]
Bitcoin ($BTC) is currently undergoing a 21% decline after a 12-day period, mirroring past corrections during this bull market. Interestingly, historical data suggests that such dips have often preceded significant upward movements, presenting potential buying opportunities for investors anticipating Bitcoin’s rise. In this bull market, $BTC has experienced 4 notable […]
Bitcoin went through a serious decline in the past weeks after testing a two-year high earlier this month. It has shown no signs of stopping yet as it may witness a bigger bloodbath in the upcoming weeks. Last weekend came with a small relief for BTC after losing momentum throughout […]
The recent rollercoaster ride in Bitcoin’s price has left the cryptocurrency community on edge. Despite optimistic expectations following the SEC’s approval of Bitcoin ETFs, the reality has proven different. Bitcoin’s dip below $43,000 has positioned it slightly under a crucial on-chain level, triggering concerns within the market. Notably, 2.68 million […]
The past few months saw ORDI through a massive rally as it returns over 15x in profits. Although the price retraced earlier this month but is now slowly bouncing back after holding the $63 level as support. ORDI recently paused bullish after witnessing notable growth since October 2023. It found […]
BitMEX Co-Founder, Arthur Hayes (@CryptoHayes), recently conveyed his perspective in a comprehensive post, urging caution among traders amidst the current cryptocurrency bull market. In his analysis, Hayes emphasized the need for tempered enthusiasm, asserting that the crypto bull market is still in its early phases. He drew a parallel between […]
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is […]
Recently, an anonymous trader has caught the attention of the crypto community by racking up an astonishing $3.1 million in transaction fees while moving 139.42 Bitcoin. This eye-popping transaction fee has now etched its place as the eighth highest in Bitcoin’s 14-year history. Notably, back in 2016, the record for […]
In a notable stride towards enhancing Ethereum’s scalability, Ethereum Layer 2 Blast has made its debut in early access mode. With substantial financial backing of $20 million from investors such as Standard Crypto and Paradigm, Blast aims to set the stage as a frontrunner in Ethereum Layer 2 solutions, introducing […]
The journey of Maker ($MKR) has been anything but predictable over the past few months. Despite hitting a yearly high at $1623, the market posed significant resistance, prompting the bears to take control. However, in a surprising turn, Maker seems to be gaining gradual momentum in recent hours, marked by […]
In a remarkable new development, Ethereum (ETH) soared to another milestone by breaking the $2,000 price resistance, driven by the optimism surrounding the news that the crypto giant, BlackRock, submitted another ETF for SEC review. Record-Breaking Daily Revenue For Ethereum Following this accomplishment, Ethereum’s daily revenue witnessed a significant surge, […]
Ripple, the San Francisco-based blockchain company, has reaffirmed its obligation to revolutionize the universe of international payments by broadening the scope of its groundbreaking payment organization, Ripple Payments, to more than 70 markets. This expansion, announced during the Ripple Swell conference, underscores the company’s devotion to furnishing businesses across the […]
While some altcoins have seen meteoric rises, others have displayed a rather unassuming price performance. However, two tokens that have recently caught the attention of the crypto community are Linear ($LINA) and Decentraland ($MANA). What makes them noteworthy is the sudden surge in whale transactions (3 months high), which have […]