Tag: trading

Crypto, News

Bitcoin Wallets Continues Declining Despite Growing ETF Interest, MicroStrategy Buys 850 More $BTC, Now Holding 190,000 BTC

In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. šŸ“‰ […]

Crypto, News

Ethereum Witnesses Massive Withdrawals From Exchanges Amid ETF Speculation

Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges.Ā  Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]

Crypto, News

Whales Trigger Crypto Market Movement With Large $PERP Transactions

In recent hours, significant activity among whales has sparked attention in the cryptocurrency market, particularly surrounding the perpetual protocol’s token, $PERP. On-chain data analyzed by spotonchain revealed a noteworthy transaction involving Binance Labs, which deposited 750K PERP ($784K) into Binance at $1.05. This move follows a two-year period of inactivity […]

Crypto, News

Bitcoin Gains Momentum As Institutional Interest Surges

Bitcoin continues to assert its dominance in the financial landscape, with approximately $7.7 billion worth of economic value processed daily through Bitcoin transfers, underscoring its robustness. #Bitcoin Transfer Volumes remain extremely robust with around $7.7B/day in economic volume processed. However, an elevated presence of large size entities can be observed, […]

Crypto, News

Binance Announces Listing Of $RON Token With Seed Tag Applied

Binance has officially declared the listing of $RON token, with preparations underway since the token collection on January 26th. As of now, the Binance hot wallet 0xb32…bAFA3 contains 432,000 RON, valuing at $1.21 million. BingošŸ˜‰åøå®‰å®˜å®£äøŠ $RON 啦ļ¼Œ01.26 ēš„代åøå½’é›†ęžœē„¶ę˜ÆåœØäøŗäøŠåøåšå‡†å¤‡ ē›®å‰ #Binance ēƒ­é’±åŒ… 0xb32…bAFA3 å·²ęŒęœ‰ 43.2 äø‡ęžš RONļ¼Œä»·å€¼ 121 äø‡ē¾Žé‡‘ļ¼Œåœ°å€ä¼ é€é—Ø šŸ‘‰ https://t.co/hZ4NJxSv6h […]

Crypto, News

Top Cryptocurrency Token Unlocks Expected In February To MonitorĀ 

Token unlocks are often viewed as significant events that can impact market dynamics. The release of unlocked tokens introduces additional selling pressure on trading platforms, influencing price movements and investor sentiments. According to insights from Wublockchain, the upcoming month of February is poised to witness several notable token unlocks across […]

Crypto, News

Bitcoin $BTC Witnesses Strong Accumulation Streak Amid ETF Trends, Positions For Upward MovementĀ 

Bitcoin is currently experiencing one of its most notable accumulation streaks in nearly three years, as indicated by the Accumulation Trend Score remaining near 1 for the past four months. This sustained trend reflects a growing confidence among larger entities in the Bitcoin market, signaling positive sentiment. #Bitcoin is witnessing […]

Crypto, News

Bitcoin Surges Past $43,000 Amidst Institutional Investments

Bitcoin’s price surged past the $42,000 barrier, reaching $43,838, breaking through resistance levels at $42,500 and $43,200. Currently, the price is consolidating gains above the $42,500 resistance zone, although bears emerged after it hit the $43,800 mark. In recent on-chain reports, Grayscale deposited 4,419 BTC ($191M) into Coinbase Prime, bringing […]

Market Analysis

SUI PRICE ANALYSIS & PREDICTION (January 30) ā€“ SUIā€™s Bullish Trajectory Remains Intact Despite Correction, Up 40% Weekly

Suiā€™s trend continued to advance higher despite marketā€™s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days.Ā  Reaching a multi-month high of $1.44 in the mid-month, SUI pulled […]

Crypto, News

Bitcoin Sees Recovery Amidst ETF Activity With Grayscale And Hong Kong

Bitcoin commenced January on a strong note, breaching $48,900 following the introduction of U.S.-based spot exchange-traded funds (ETFs) on January 11.Ā  However, profit-taking among investors in Grayscale Bitcoin Trust (GBTC) led to downward pressure, with prices dipping to around $38,500 last week. As the new week unfolds, Bitcoin has shown […]