Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. […]
Tag: Profit
Blockchain Finance Firm Ondo Expands Into Asia Pacific Amid On-Chain Activity Concerns
Leading blockchain finance company Ondo Finance has made a strategic move into the Asia Pacific region, marking its entry with the opening of its inaugural office in the area. The expansion aims to strengthen Ondo Finance’s presence and offerings in the rapidly growing market. Ondo Finance is introducing three tokenized […]
Altcoins Forge Distinct Paths Amid Bitcoin Spot ETF Approval Buzz
Following the recent milestone of Bitcoin Spot ETF approval, altcoins are displaying notable divergence in market dynamics: Ethereum Name Service (ENS) has witnessed an impressive surge, marking a remarkable 163% gain in the last month. ENS, propelled by positive remarks from Ethereum founder Vitalik Buterin, reached a peak of $27 […]
Whale Sell-Offs Indicate Significant Downturn For $LDO And $AAVE
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable […]
Polygon Faces Allegations Of Token Allocation Issues And Suspicious Flows To Exchanges
Polygon, a prominent blockchain network, is under scrutiny for apparent discrepancies in its token distributions, raising concerns about potential collaboration with Binance, as reported by intelligence organization ChainArgos. ChainArgos conducted research revealing disparities between Polygon’s stated objectives for token distribution and the actual movement of tokens. The primary focus of […]
Blur Token ($BLUR) Demonstrates Resilient Bullish Trend
In recent times, the price of Blur Token ($BLUR) has been consistently shaped by positive market conditions, and today is no exception. The bullish trajectory of Blur Token is evident over the past few months, showcasing impressive performance metrics. Over the last 90 days, $BLUR has surged by an astonishing […]
CHAINLINK PRICE ANALYSIS & PREDICTION (January 14) – Link Faces Rejection After Slight Bounce, Sets For Another Leg Down
Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above […]
Blur Token (BLUR) Sees 13.12% Surge Amidst Altcoin Season Kickoff
The governance token for the Blur NFT marketplace and aggregator platform, Blur Token (BLUR), is making waves with a live price of $0.611 USD and a robust 24-hour trading volume of $520 million. Impressively, BLUR has experienced a notable 13.12% increase in the past 24 hours. The recent approval of […]
Bitcoin Exhibits Stability As US Witnesses Historic ETF Debut, But Dips To $42K
Amidst a historic day in the United States and the cryptocurrency realm marked by the launch of the first exchange-traded fund (ETF) dedicated to a single commodity, Bitcoin demonstrated resilience, maintaining a stable position around the $46,000 mark. Data from Binance indicates a notable pattern where the increase in Bitcoin […]
BITCOIN PRICE ANALYSIS & PREDICTION (January 10) – BTC Breaks Higher After A Month Accumulation, Signals Bullish Continuation
Bitcoin jumped 10% yesterday and broke through a key resistance to reach a new milestone. The price has dropped slightly in the past but remained strong on the daily outlook with a current dominance of 53.3% against altcoins. Following a sudden crash to the $40,500 level last week, Bitcoin reacted […]
Ethereum’s Bullish Momentum Persists With Noteworthy Milestones, Top 150 Wallets Now Hold 56.25 Million ETH
As cryptocurrency prices experience an upward trend, Ethereum is making significant strides towards its local peak resistance level of $2,444. An intriguing aspect of this ascent is the notable absence of exchange whales, while substantial accumulation is observed among the largest non-exchange Ethereum whales. 🐳 #Ethereum has continued working its […]
Cardano Whales Indicate Bullish Momentum Amidst Crypto Boom
As the cryptocurrency space continues to thrive, all eyes are on the potential approval of a Bitcoin Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC). In the midst of this, Cardano (ADA) has emerged as a noteworthy player in 2024, showcasing significant market momentum through increased […]
Surge In Digital Asset Inflows In 2023; Significant Increase Despite Lower Than Previous Years
Data from 2023 indicates a substantial influx of $2.25 billion into digital asset investment products, marking it as the third-highest year since 2017. While 2020 and 2021 outpaced 2023 with $6.6 billion and $10.7 billion, respectively, the recent surge signifies a noteworthy recovery from the lower inflows observed in 2022, […]
Understanding The Recent Downturn In $RNDR’s Price Movement, Here’s What Happened
Render $RNDR has been generating considerable buzz in the cryptocurrency community, reaching a yearly high in the past 30 days. However, the enthusiasm surrounding $RNDR has been tempered by a recent slight decline in its price, noticeable both over the week and in the most recent 24-hour chart. The token […]
Maker (MKR) Achieves Annual Peak At $1,906 After Noteworthy Whale Accumulations
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
Crypto Market Dips As Matrixport Forecasts SEC Rejection Of Bitcoin Spot ETFs, See What Really Happened
In a surprising turn of events, Matrixport’s latest report has cast a shadow over the crypto market, suggesting that the U.S. Securities and Exchange Commission (SEC) is poised to reject all Bitcoin spot exchange-traded funds (ETFs) in January. Matrixport predicts that final approval might not materialize until Q2, coupled with […]
BITCOIN PRICE ANALYSIS & PREDICTION (December 30) – BTC Trades Sideways Amid Low Volatility, Where Is It Heading Next?
Bitcoin continued to suspend bullish to a sideway trend. Although it currently looks weak following a 1% loss in the past hour. It appeared to be gathering momentum for a big price movement. Since the price fell from $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]
$AUCTION Faces Downtrend After Successful $AMMX Token Launch
Bounce Token experienced a decline of more than 11% in the recent hours following the triumphant conclusion of the $AMMX token launch. Participation in the $AUCTION Staking Pool exceeded expectations, with 2,126 participants committing a total of 2,741,970 $AUCTION, surpassing the initial goal of 12,857 $AUCTION. According to Lookonchain, after […]