Tag: trading

Crypto, News

Cardano Achieves $6 Billion In Transaction Volume, Celebrates Alonzo Hard Fork Anniversary

Cardano recently surpassed $6 billion in transaction volume within the last 24 hours, marking a significant milestone for the blockchain platform, according to data from @intotheblock. This impressive achievement coincides with the two-year anniversary of the Alonzo Hard Fork, a transformative event in the history of Cardano. JUST IN: Cardano […]

Crypto, News

Coinbase Launches Wrapped Bitcoin As BlackRock Declares Bitcoin A Hedge Against Global Uncertainty

Coinbase has introduced Wrapped Bitcoin (cbBTC), a new token backed 1:1 by Bitcoin, now available on Ethereum and Base blockchains. This move is aimed at improving financial efficiency across multiple blockchain ecosystems. 🚨 BREAKING: COINBASE OFFICIALLY LAUNCHES WRAPPED #BITCOIN (CBBTC) Coinbase has introduced its Wrapped Bitcoin (cbBTC) token, backed 1:1 […]

Crypto, News

Whale Transactions Decline, But Ethereum Activity Remains Noteworthy

Since mid-August, transactions involving cryptocurrency whales have significantly declined. Bitcoin transactions of $100,000 or more have dropped by 33.6% from their peak levels in March and April. Ethereum transactions in the same value range have plummeted even further, with a 72.5% decrease from their peak. 🐳 Cryptocurrency's whale transactions have […]

Crypto, News

Bitcoin Hits $58K As Retail Sentiment Improves, But Larger Holders Are Key To Sustained Rally

Bitcoin surged to $58,000 today, sparking renewed optimism among retail traders. Wallets holding less than 1 BTC now account for their largest share of the supply in seven months, signaling growing interest from smaller investors. However, for Bitcoin to return to its all-time highs, analysts suggest a different ownership pattern […]

Crypto, News

TRON Monthly Report: August 2024 Sees Significant Growth In Fees, Revenue, And Market Activity

TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRON’s stablecoin market cap, accounting for approximately 99% at $58.5 […]

Crypto, News

Surge In Address Activity For Cardano, Quant, And Holo Signals Potential Crypto Rebound

As traders eagerly await a possible rebound in Bitcoin and the broader crypto market, three notable assets—Cardano (ADA), Quant (QNT), and Holo (HOT)—have seen a sudden spike in address activity. Historically, when coins experiencing a decline in value suddenly witness such activity increases, it often indicates a potential price bounce. […]

Crypto, News

Bitcoin Sees Major Withdrawals As Large Holders Accumulate Amid Price Decline

This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoin’s price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]

Crypto, News

$MAGA Token Dominates DEXTools Amid Increased Accumulation By Smart Money

The $MAGA token, a leading force in the Politifi sector, is currently trending as the #1 token on DEXTools, even as buyers seize the dip opportunity. The biggest Politifi brand, narrative, and ticker, $MAGA, is trending #1 on DEXTools, even during a buy-the-dip opportunity. 🚀💰 pic.twitter.com/yPyqYzdn8s — $MAGA (@MagaHAT_ETH) September […]