Despite recent speculation about a whale dump, the price of Lido DAO (LDO) has defied expectations, experiencing a 2.92% increase to reach $2.87 over the past 24 hours, countering the downward trend of the previous week. Reports surfaced a few hours ago indicating that MakerDAO founder Rune Christensen (@RuneKek) withdrew […]
Tag: trading
Space ID ($ID) Surges 87% Following Upbit Listing
The price of Space ID ($ID) has experienced a significant surge of approximately 87% after the announcement of its listing on Upbit. Recent on-chain reports have uncovered intriguing activity involving DWF Labs (DWFLabs), shedding light on a series of transactions. DWF Labs withdrew a substantial amount of $ID tokens, totaling […]
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. š […]
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Ethereum withdrawals from crypto exchanges.Ā Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month.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 […]
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 […]
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, […]
$LBR Faces Significant Setback As Key Influencers And Stakeholders Liquidate Holdings
$LBR, a project in the LSDfi space, launched by an anonymous team with backing from Tornado Cash funds and endorsed by prominent figures like Blurr.eth ($RFD deployer) and Michael Patryn (@0xSifu), has encountered a substantial downturn. The project witnessed a remarkable TVL surpassing 100M within a month of its inception […]
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. Bingošåøå®å®å®£äø $RON å¦ļ¼01.26 ē代åøå½éęē¶ęÆåØäøŗäøåøååå¤ ē®å #Binance ēé±å 0xb32…bAFA3 å·²ęę 43.2 äøę RONļ¼ä»·å¼ 121 äøē¾éļ¼å°åä¼ ééØ š https://t.co/hZ4NJxSv6h […]
Chainlink $LINK Token Surges To Yearly High Amidst Growing Investor Interest
The price of Chainlink’s ($LINK) token has surged to new heights, reaching $19 and marking a significant 7.22% increase over the past 24 hours, hitting a yearly peak of $19.54.Ā This surge reflects the massive bullish momentum that LINK has been experiencing, with a remarkable 34% gain over the past […]
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 […]
Aave Faces Bearish Trend With 25% Drop Amid Whale Selling And MEV Losses
Aave, a prominent DeFi platform, has encountered a downward trend over the past three months, witnessing a significant 25% decline in its value. The bearish sentiment persists, with additional losses of 12% and 3% observed over the past 7 days and 24 hours, respectively. Insights from on-chain analytics provided by […]
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 […]
Pendle Token Hits All-Time High As Developers Deposit Millions To Binance
Pendle, known for tokenizing and trading future yield, has reached a new milestone as its native asset surges to an annual high of $2.791.Ā The protocol’s developers facilitated this surge by depositing millions of PENDLE tokens to the Binance exchange. Two wallets, likely owned by investors in Pendle, deposited 477,211 […]
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 […]
Crypto Security Firm Recovers Over $674M From Hacks, PeckShield ReportsĀ
In a promising turn of events, blockchain security company PeckShield has reported a significant recovery of funds from cryptocurrency hacks. The firm’s latest statistics reveal that over $674 million has been recovered from more than 600 hacks, marking a notable improvement from previous years. PeckShield’s data for 2023 highlights a […]
SUI PRICE ANALYSIS & PREDICTION (January 30) ā SUIās Bullish Trajectory Remains Intact Despite Correction, Up 40% Weekly
Suiās trend continued to advance higher despite marketās 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 […]
RAYDIUM PRICE ANALYSIS & PREDICTION (January 30) ā Ray Remains Up In Three Months Despite Weeks Of Correction, Signals Bullish
Despite losing some chunks of dollars in the last couple of weeks, Radium’s price is still up by a staggering 550% in 90 days as it sits above a key support level. It resurged this week and saw a rejection few hours ago. The Solana-based automated market makes (AMM) and […]
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 […]