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Janani

A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.

Posts by Janani

AI Tokens NEAR, RENDER, and FET Face Declines Amid Slumping Market

AI Tokens Face Heavy Declines Amid Slumping Market

The cryptocurrency market has been under significant pressure, with bearish sentiment leading to a 1.03% drop in overall market capitalization. Bitcoin, the leading cryptocurrency, experienced a 2% decline, while Ethereum, the top altcoin, fell by 1.8%. Despite the broader market downturn, the AI sector has garnered attention recently, with tokens

August 30, 2024 2 mins read
Solana Whale Unstakes 106,213 SOL: Major Dump Incoming?

Can Solana Bounce Back After Hitting a Two-Week Low?

Solana’s recent resurgence was short-lived as the cryptocurrency succumbed to bearish pressure, dropping to a two-week low of $137 today. Over the past 24 hours, SOL has declined by nearly 4%, with trading volume plummeting by 19%. The token has also experienced a 24% decrease over the past month. Despite

August 30, 2024 1 min read
Dogwifhat (WIF)

WIF Whale Strategic Buys Challenge Bearish Market Trends

The memecoin space is abuzz with the recent activity of a major whale involving the dog-themed token WIF. This whale, the largest holder of WIF, recently borrowed 1.4 million USDC from Kamino, spending 1 million USDC to purchase 643,832 WIF at $1.55 just six hours ago. The whale currently holds

August 30, 2024 2 mins read
STX Faces Bearish Pressure as Stacks Launches Nakamoto Upgrade

STX Faces Bearish Pressure as Stacks Launches Nakamoto Upgrade

Bitcoin layer 2 network, Stacks, has captured community attention with its latest Nakamoto upgrade, designed to accelerate transaction speeds. Despite this significant development, the Stacks native token (STX) has seen a 6% decline in the past 24 hours, alongside a 10% drop in trading volume. The Nakamoto upgrade, named after

August 29, 2024 1 min read
Bitcoin Reaches 25-Day High as Whales Trade and Shorts Liquidate

Is Whale Activity Driving Bitcoin Bearish Trend?

Bitcoin has been under heavy bearish pressure over the past three days, hitting a 12-day low of $57,860 yesterday. Currently trading at $59,978 with a 0.19% decline, Bitcoin’s trading volume is down by 24%. Over the past month, the cryptocurrency has seen a 14% decline. Amid this downturn, significant whale

August 29, 2024 1 min read
Can the PEPE Diamond Whale 173B Purchase Spark a Rally?

Can the PEPE Diamond Whale 173B Purchase Spark a Rally?

A notable move by a PEPE memecoin whale has caught traders’ attention. The investor, known for their diamond hand approach, initially spent $200,000 USDC to acquire 170 billion PEPE tokens on October 25, 2023. They held the tokens until July 25, 2024, when they sold them for $1.97 million USDC,

August 29, 2024 2 mins read
DOGS Memecoin Surges 23% in a Day Despite Network Chaos

DOGS Memecoin Surges 23% in a Day Despite Network Chaos

The TON blockchain experienced a significant disruption yesterday as it faced a six-hour power outage due to a surge in network traffic. The native token of the TON blockchain resumed block production after the outage, which raised concerns about network stability and potential security risks. Such prolonged disruptions are rare

August 29, 2024 2 mins read
Can Upcoming Fed Rate Cuts Spark a Crypto Market Recovery?

Can Upcoming Fed Rate Cuts Spark a Crypto Market Recovery?

The cryptocurrency market has been under bearish pressure, with bearish sentiment driving a 5.58% decline in overall market capitalization. Bitcoin, the leading cryptocurrency, dropped to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.  Amid this

August 28, 2024 2 mins read
Memecoins Sink to New Lows as Crypto Market Falters

Memecoins Sink to New Lows as Crypto Market Falters

The cryptocurrency market has been under significant pressure as bearish sentiment led to a 5.58% drop in the overall market cap. Bitcoin, the leading cryptocurrency, plunged to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.

August 28, 2024 2 mins read
Nasdaq Proposes Bitcoin Index Options Amid Rising Institutional Interest

Nasdaq Proposes Bitcoin Index Options Amid Rising Institutional Interest

Nasdaq, a major American stock exchange operator, is seeking approval from U.S. regulators to launch options on a Bitcoin index. On August 27, Nasdaq announced its intention to offer index options on the Bitcoin index, providing institutions and traders with a new avenue to hedge their Bitcoin exposure. The proposed

August 28, 2024 2 mins read