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. […]
Tag: Profit
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 $1.84 in the past 24 hours, marking a 9% decline, investors have been closely monitoring its performance. At the time of writing, there […]
Starknet’s STRK Token Faces Price Decline After Listing
Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period. The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current […]
JasmyCoin (JASMY) Surges Amidst Whales’ Accumulation and Profit-Taking Concerns
In a notable development within Japan’s cryptocurrency landscape, JasmyCoin (JASMY), the country’s largest cryptocurrency project, has experienced a remarkable surge in price over the past month. With gains exceeding 140% in the last 30 days and over 100% in the past week alone, JASMY has garnered significant attention from investors […]
The Graph ($GRT) Witnesses Sudden Decline Following Bullish Trend
The Graph ($GRT), known for its indexing protocol facilitating data querying across networks like Ethereum and IPFS, has recently experienced a shift in its market dynamics. Despite a bullish trend over the past months, characterized by a remarkable 65% gain, the token suddenly faced a decline of over 6% in […]
World Coin (WLD) Surges To New All-Time High Before Slight Pullback
The AI token, World Coin (WLD), witnessed an impressive surge yesterday, climbing by over 40% to achieve a new all-time high at $7.965. This remarkable price increase reflects the growing interest and optimism surrounding the Worldcoin project. Worldcoin has garnered significant attention from investors, having raised a substantial total of […]
Arweave Ecosystem Sees Remarkable Surge As $AR Token Hits Yearly High
The Arweave ecosystem is attracting increasing attention as the $AR token experiences significant growth, with a remarkable 110% surge over the past 90 days. In the last week alone, $AR has surged by 72%, and in the past 24 hours, it has seen a 25% increase, reaching a yearly high […]
Galxe Coin Faces Decline Despite Recent Surges, Good Outlook Long-term
In recent weeks, Galxe coin ($GAL) has experienced remarkable growth, boasting a surge of over 70% in the last 30 days and a notable 35% increase in the past 7 days. However, the coin’s current trajectory shows a 6% decline over the past 24 hours, accompanied by a significant 70% […]
Cryptocurrency Derivatives Market Shows Surge Amidst Rising Market Caps
The influx of money into the cryptocurrency market has been remarkable, especially with the surge in derivatives speculation over the past few months. The market caps of various cryptocurrencies have experienced significant growth, with Bitcoin leading the charge by crossing over $10 billion in open interest for the first time […]
Livepeer Sees Surge 147% In Value Amidst Whale Trading Activities
Livepeer, the decentralized live video streaming network protocol, has witnessed a remarkable surge of 147% over the past week, reaching a yearly high of $20.4 within the last 24 hours. This significant increase in value has sparked heightened market interest, particularly due to recent whale trading actions involving Livepeer (LPT) […]
Bitcoin’s Rally Sparks General Cryptocurrency Market Surge
Bitcoin’s recent impressive performance has been the driving force behind the significant rise in the cryptocurrency market, leaving investors reaping profits as digital currencies experience a sharp increase in value. The correlation between Bitcoin and stocks has notably strengthened over the past two months, indicating investor optimism surrounding the possibility […]
Polygon MATIC Experiences Range-Bound Trading Amidst Selling Pressure
Today, Polygon MATIC token is exhibiting a range-bound behavior, encountering slight selling pressure in the early trading hours. The selling pressure emanated from reports provided by Spotonchain, indicating that Wallet 0xa31, associated with the Hermez Network, deposited 3 million MATIC tokens ($2.85 million) to Kraken at an average price of $0.95 […]
Trader Strikes Gold With $SORA Cryptocurrency, Making Over 39 ETH
In a remarkable turn of events, a trader has seized a rare trading opportunity, reaping significant gains with the emerging cryptocurrency, SORA. According to insights shared by LookOnChain, the trader entered the market ahead of the curve, acquiring a substantial 16 million SORA tokens before the influx of other buyers, […]
Bitcoin ETF Trading Volume Surges Amidst Price Rally
In a resurgence of activity, Bitcoin’s ETF trading volume has soared in mid-February, surpassing $1.8 billion per day across the seven most prominent ETFs: GBTC, IBIT, FBTC, ARKB, BTCO, BITB, and HODL. This surge in trading volume coincided with Bitcoin’s breach of the $50,000 mark earlier this week, signaling a […]
API3 Continues To Thrive Despite Market Maker’s Move On Binance
The decentralized autonomous ecosystem (DAO) API3 has been making significant strides in recent times, showcasing notable progress and resilience within the crypto space. Despite recent reports of market maker company DWF Labs depositing over $1 million worth of 200,000 API3 (API3) tokens onto the cryptocurrency exchange Binance, API3 remains on […]