A long-dormant Ethereum (ETH) whale has resurfaced, making a substantial deposit of 5,000 ETH worth approximately $11.3 million to Coinbase. This revelation comes from insights provided by Lookonchain, a leading crypto-analytics platform. Typically, when large deposits are made to crypto trading platforms by dormant whales, it often signals an intention
December 14, 2023 2 mins read
According to the recent on-chain data, a colossal transaction has emerged, drawing attention to the Shiba Inu (SHIB) tokens. A single wallet has become the recipient of a staggering 290 billion SHIB, sparking curiosity and prompting questions about the motives behind this substantial transfer. This noteworthy event, unfolding just hours
December 13, 2023 2 mins read
In the last 24 hours, Whale Alert, a prominent cryptocurrency data tracker, has flagged significant XRP transactions, shedding light on large-scale movements within the market. Notably, two substantial transactions caught the attention of crypto enthusiasts and analysts alike. Ripple, the blockchain-based payment protocol, executed a sizable transaction by transferring 60
December 13, 2023 1 min read
The Dogecoin (DOGE) market finds itself at a pivotal juncture, with on-chain data revealing a nuanced narrative that weaves between the bearish and bullish camps. As of the latest data from CoinMarketCap, Dogecoin is valued at $0.09318, reflecting a 2% decline over the past 24 hours. Amidst this downturn, a
December 13, 2023 1 min read
In continuation of a trend spanning 11 weeks, digital asset investment products have seen a steady influx of funds, totaling $43 million, according to the latest CoinShares report. Notably, the report highlights a substantial increase in short position inflows, attributed to recent price appreciation and concerns about potential downside risks.
December 11, 2023 1 min read
The Solana blockchain is witnessing the meteoric rise of Bonk, a dog-themed meme coin, which has swiftly climbed the ranks to become the third-largest meme coin by market capitalization. According to recent CoinGecko data, Bonk has surged past the market cap of its counterpart, Pepe, marking an impressive milestone in
December 11, 2023 2 mins read
Uphold, a prominent trading platform, has unveiled its latest offering, the “Uphold Vault.” This self-assisted custody solution is set to redefine the user experience by combining the benefits of self-custody with instant trading, all while ensuring bank-grade security. Uphold formally introduced the Uphold Vault on its official X page, emphasizing
December 8, 2023 2 mins read
Shiba Inu recently reached a significant milestone, touching the elusive $0.00001 mark, symbolizing the removal of a zero from its value. The brief celebration, however, proved fleeting, lasting a mere 15 minutes before SHIB retraced its steps, promptly adding the zero back to its price figure. However, SHIB has surged
December 8, 2023 2 mins read
Eternl, a versatile Cardano light wallet, has unveiled its latest release, Eternl v1.11.17, bringing forth significant changes in collateral handling and several noteworthy improvements. The standout feature of this update is the alteration in collateral handling, ensuring that transactions made via Eternl collateral take precedence when no other UTxOs are
December 7, 2023 1 min read
The past 24 hours saw exponential growth in burning activity for popular meme coin Shiba Inu (SHIB), alongside several mammoth token transfers from mysterious crypto whales. According to data analytics platform Shibburn, over 10.3 million SHIB tokens were destroyed in the last day, catapulting the current burn rate up a
December 7, 2023 2 mins read