Over the past 24 hours, the majority of the crypto market has been moving slowly, with the premier cryptocurrency Bitcoin falling below the $26,000 mark again. Toncoin, on the other hand, continues to defy the current market conditions, registering a significant price climb in the past day. The TON price experienced a substantial increase on […]
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In the last 48 hours, the XRP market has witnessed a significant amount of large-scale transactions, drawing much attention from the general crypto space. According to data from blockchain tracker Whale Alert, XRP whales conducted transactions involving over a billion XRP on Friday, September 1. Ripple Transfers 75 Million XRP To Unknown Wallet In Whale […]
In a recent video by renowned cryptocurrency analyst Benjamin Cowen, ominous predictions for Bitcoin performance in September have emerged. Cowen, known for his data-driven approach to cryptocurrency analysis, shared his insights regarding Bitcoin’s historical performance in September and its potential trajectory for the current year. Cowen acknowledged that September has traditionally been a challenging month […]
Bitcoin whales, entities holding a substantial portion of the Bitcoin supply, have ignited speculation within the cryptocurrency realm by amassing more than a billion worth of BTC in mere two weeks. Data from crypto analytics firm IntoTheBlock reveals a significant uptick in the accumulation of Bitcoin by addresses holding at least 0.1% of the total […]
Shiba Inu (SHIB) has recently found itself in a downward spiral. Over the past few days, the coin has been experiencing a steady decline, causing concern among its enthusiastic community of holders. The latest development indicates a potentially worrisome trend as sellers breach the lower support trendline of a bearish pennant pattern, hinting at further […]
Polygon (MATIC), one of the prominent players in the cryptocurrency market, has faced a turbulent period as it lost its grip on the $0.60 mark, leaving investors and traders on edge. As of the latest data available, MATIC was trading at $0.540840 on CoinGecko, reflecting a 1.4% slip in the past 24 hours and a […]
Shiba Inu (SHIB) is expected to play a significant role in the success of the layer-2 network Shibarium and the proposed decentralized Shiba Inu State. With this in mind, Shiba Inu’s marketing lead, Lucie, shared a quote from the recently published ShibPaper highlighting the token’s importance in the ecosystem and the roles holders will play. […]
The identity of the mind behind the Shiba Inu meme coin has been a long-standing crypto mystery since it first debuted in 2020. So far, there has been no concrete proof as to who it might be with guesses ranging from FTX’s Sam Bankman-Fried to Ethereum’s Vitalik Buterin. Despite having little success so far, crypto […]
After overcoming initial setbacks, Shibarium, an Ethereum (ETH) layer-2 (L2) network backed by Shiba Inu (SHIB) tokens, has experienced a remarkable surge in metrics. With over 820,000 new wallet addresses and more than 90,000 daily transactions, Shibarium has demonstrated its appeal to users seeking faster, cheaper, and more private off-chain transactions while leveraging the security […]
The Sui Network, known for its fast-paced growth and community support, is on the verge of a notable event. On September 3rd, a massive amount of SUI tokens, worth roughly $18.7 million, will be unlocked. Given its nature and the significant sum involved, this move could have some implications for the altcoin’s market dynamics in the […]
The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally wouldn’t last too long. Bitcoin Stablecoins Supply Hasn’t Moved Much Recently An analyst in a CryptoQuant Quicktake post explained that the latest news has been unable to make the stablecoins supply budge. The “stablecoins supply” here refers […]
The recent decline in Bitcoin (BTC) has raised concerns among market participants as the largest cryptocurrency struggles to maintain its upward momentum. With the loss of key moving averages and the $27,000 level, BTC’s sharp decline has been exacerbated by negative market sentiment and delays in the approval of spot Bitcoin Exchange-Traded Funds (ETFs) by […]
Following its partial victory over the United States Securities and Exchange Commission (SEC), Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting. Ripple Wants Compliance Talent Ripple is seemingly looking to improve its compliance with sanctions and regulatory developments through a […]
The debate surrounding the Bitcoin network’s energy consumption has been intense and mostly tilted in favor of BTC detractors. These individuals and entities have used the Cambridge Bitcoin Electricity Consumption Index (CBECI) to make an argument against the cryptocurrency. However, Cambridge has updated its CBECI to reflect new data, potentially flipping the discourse around Bitcoin’s […]
Bitcoin has plunged towards the $26,000 level as on-chain data shows the Bitcoin mines have been participating in a selloff. Bitcoin Miner To Exchange Flow Has Spiked During The Past Day As pointed out by an analyst in a CryptoQuant post, the miners have been showing signs of selling recently. The relevant indicator here is […]
Sam Bankman-Fried (SBF), the founder of the defunct FTX exchange, is set to face trial in October, barring any postponement. Amid the fracas, the former exchange CEO has maintained that he isn’t guilty of all these charges leveled against him and will be reportedly bringing expert witnesses to prove his innocence. Sam Bankman-Fried Defense To […]
As Binance Coin (BNB) grapples with a turbulent market, its recent struggles have highlighted a decline in network activity, fueling a lack of buying pressure. The latest roadblock at the formidable $225 resistance level has compounded the altcoin’s long-term bearish bias, casting a shadow over its prospects in the crypto landscape. Taking a closer look […]
After a short-lived rally above $28,000 this week following Grayscale’s landmark court case victory against the US Securities and Exchange Commission (SEC) over the conversion of GBTC into a spot ETF, the price of BTC has once again settled around the $26,000 mark. This comes after yesterdays’ SEC’s decision to postpone all Bitcoin spot ETF […]
The Bitcoin price has been experiencing a series of price fluctuations for two years now. The cryptocurrency has been on a bullish threshold multiple times but has failed to hold a bullish momentum for long. Nevertheless, a Bloomberg analyst has predicted an unfeigned bull run for BTC, but the potential uptrend comes with certain factors […]
Hedera (HBAR) recently encountered a significant hurdle as it faced price rejection at a crucial weekly bearish order block. Currently hovering at the $0.0500 level, this juncture has emerged as a formidable obstacle for sellers looking to capitalize on the prevailing bearish sentiment. In a price report, it was revealed that HBAR’s funding rates have […]