According to analysts at Bitfinex, Bitcoin and its recent activity on exchanges reflects a pattern reminiscent of December 2020, hinting at a possible growth phase. The exchange’s latest report highlights a significant decline in the supply of Bitcoin held by long-term investors on centralized exchanges, reaching its lowest levels in 18 months. This trend, coupled…
Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being worth billions of dollars. But perhaps, what is more interesting is how much…
Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible Read More »
Markus Thielen of 10x Research unveiled a significant shift in his crypto strategy in response to mounting financial pressures and market instability, as detailed in an investor note released earlier today. Thielen, an influential figure in the analysis sector, cited a concerning outlook on risk assets, which encompasses both technology stocks and cryptocurrencies, primarily driven…
‘We Sold Everything Last Night’, Reveals Crypto Research Firm Read More »
Ethereum, the second-largest cryptocurrency by market capitalization, has faced choppy waters. Over the past few days, Ethereum’s price has taken a nosedive, plunging to lows of $2,800 on April 12, echoing the broader downturn witnessed across the crypto landscape. However, in the face of volatility, a fascinating development has emerged: Ethereum whales, the behemoths of…
Ethereum Fire Sale? Deep-Pocketed Investor Snags Nearly 24,000 ETH At Bargain Price Read More »
Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought,…
Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1 Read More »
The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a…
According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two…
Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy Read More »
A crypto analyst known as Yomi has noted that the Dogecoin recent price action could turn bullish after this week. According to Yomi, DOGE is on the verge of creating a golden cross on its price chart, an event that could indicate the continuation of a major bull run. He noted the need for a…
Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong. Additionally, Solana addressed its ongoing network congestion issues with…
Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update Read More »
Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since April…
Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021 Read More »
Dogecoin has been one of the best performers over the past year, consistently holding up gains even through market dumps. However, after the meme coin’s rally in March and then the subsequent dump in April, it looks like investors, especially whales, are finally getting ready to start taking profit. This is evidenced by a number…
Dogecoin Whales Send 800 Million DOGE To Exchanges, Dump Incoming? Read More »
