The cryptocurrency market has witnessed a remarkable surge in $PRIME, with a staggering 40% increase over the past seven days, reaching a high of $9.45 on August 25. Despite this significant price jump, smart traders continue to exhibit buying pressure, with their balances swelling by 22% in the last 24 […]
Tag: trading
Fetch.Ai’s FET Token Slumps 12%: A Cause For Concern?
Fetch.ai’s native token, FET, has experienced a disheartening 12% decline, plummeting to $1.236. This downward spiral has raised concerns among investors, as breaking below the critical $1.25 threshold may signal further losses. Recent transactions have added to the uncertainty, with the Fetch.ai Foundation transferring 5M $FET ($6.4M) to wallet “0x925e” […]
TON Blockchain Back Online After 6-Hour Downtime: Congestion Causes Chaos
The TON blockchain has finally resumed operations after a grueling 6-hour downtime, caused by network congestion triggered by the distribution of DOGS tokens. The overload led to validators becoming overwhelmed, resulting in a loss of consensus. NEWS: @ton_blockchain is back online after nearly 6 hours of downtime, and block production […]
Alameda Research Offloads $WLD Tokens, Repaying Creditors Amidst Financial Woes
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1.13M, to Binance at an average price of $1.622. This move is likely an effort to repay creditors amidst […]
Bitcoin And Ethereum Plummet: Investors Liquidate $313 Million Amid Market Volatility
The cryptocurrency market experienced a significant downturn, with Bitcoin and Ethereum plummeting to lows of $58,034 and $2,392, respectively. This resulted in a staggering $313 million in liquidations across the network, with long orders accounting for $282 million and short orders totaling $31.36 million. Bitcoin briefly fell to a low […]
Crypto Market Sees Bloodbath: $BTC And $ETH Plummet, Whales Liquidated
The cryptocurrency market witnessed a brutal sell-off, with Bitcoin ($BTC) and Ethereum ($ETH) prices dropping by 7% and 10%, respectively. The carnage resulted in 87,405 traders being liquidated for a staggering $318.46 million in the past 24 hours. The price of $BTC dropped by ~7% and $ETH dropped by ~10%! […]
Ethena Season 2 Airdrop Event: A Week To Go, But Challenges Persist
With only one week left until the conclusion of Ethena’s Season 2 airdrop event on September 2, the platform’s data reveals a mixed picture. Ethena’s Total Value Locked (TVL) has declined to $2.92 billion, a significant drop from its peak of $3.612 billion in early July. Moreover, the platform has […]
Arbitrium (ARB) Breaks Out: Bullish Momentum Builds Amidst Surging Social Activity
Arbitrium’s price has burst out of a bullish falling wedge pattern, setting the stage for a potentially explosive upward move. This development coincides with the project’s dominance in social activity, with a remarkable 6.8k engaged posts and 399k interactions in the past 24 hours, according to Phoenix. $ARB/USDT ANALYSIS ARB […]
BITCOIN PRICE ANALYSIS & PREDICTION (August 27) – BTC Halts Buying At $65k After A Week Gain, Looking For A Pullback?
Since last week, Bitcoin’s price has increased notably following a sharp rise to $65k. It has paused buying and now looks calm with choppy price actions. A surge above the $70k level should confirm a bullish breakout. Bitcoin started this month rough following a massive breakdown from $63k to $49k […]
$AAVE Soars Amid Aavenomics Update And Major Developments On Era Mainnet
This summer, $AAVE has seen a significant rise, nearly doubling in value against ETH and climbing 50% in dollar terms, fueled by the excitement surrounding a new “Aavenomics” update proposal. The update aims to reduce risks and enhance rewards for stakers by utilizing revenue instead of relying on inflationary yields, […]
Ethereum’s Quiet Strength: A Deep Dive Into Its Fundamentals
Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease […]
Arbitrum’s ARB Token Faces Pressure Amidst Supply Concerns
In a recent development, GSR Markets withdrew 7.91 million ARB tokens, worth $4.38 million, from Coinbase. Historical transaction data suggests that these tokens will be replenished after a brief period. However, ARB’s struggles continue, with the token hitting an all-time low of $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
Bitcoin Whales Accumulate Amid Market Recovery As Mining Costs Surge In Q2 2024
Over the past six weeks, Bitcoin’s largest holders, specifically wallets containing between 100 to 1,000 BTC, have increased their holdings by an additional 94,700 coins. This accumulation comes as many traders, shaken by recent market volatility, have exited the crypto space, while key stakeholders have continued to bolster their positions. […]
Ethereum Price Climbs As Exchange Balances Drop Below 10%
Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. 👀 […]
BITCOIN PRICE ANALYSIS & PREDICTION (August 20) – BTC Gathers Liquidity For A Major Move, Where Is It Heading Next?
Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time. After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. […]
Polygon Set To Migrate from MATIC To POL Tokens On September 4
Polygon has announced that the migration from MATIC to POL tokens will officially take place on September 4, 2024. POL will replace MATIC as the native gas and staking token of the Polygon Proof-of-Stake (PoS) network and will play a crucial role in the network’s AggLayer, a key part of […]
Behind The Scenes Of $RARE’s Meteoric Rise: How Smart Money Profited Ahead Of Binance Listing
On August 15, Binance Futures listed $RARE, sparking a massive surge in the token’s value. But according to data from Arkham Intelligence, something significant was happening long before the official listing. Was RARE pump pre-planned? Binance futures listed $RARE on 15th August But something was happening way before #Binance listing […]
Digital Asset Investment Sees $30M Inflow, Bitcoin Dominates Amid Solana Outflows
According to a recent report from CoinShares, digital asset investment products attracted a total inflow of $30 million last week. Bitcoin led the charge with $42 million in inflows, signaling renewed investor confidence as the cryptocurrency continues to navigate the early stages of the post-halving cycle. Ethereum, by contrast, saw […]