Wed, September 30

Whale Accumulates $5M ETH and DeFi Tokens – Price Explosion Incoming?

An anonymous cryptocurrency whale recently made a series of large purchases totaling around $5 million spread across Ethereum and several top DeFi tokens, including Lido, Uniswap, and Aave. The whale acquired the assets at prices largely in line with current market rates, buying 557 ETH at $1,676 each, 593,139 LDO

August 24, 2023 1 min read

Ethereum (ETH) Price Briefly Recovers as Crypto Market Bounces Back

The overall crypto market has witnessed brief recovery as the price of Bitcoin along with major altcoins are trading in green. This for the time being puts a halt on the recent bloodbath which brought the prices of almost all cryptocurrencies to record lows. Bitcoin is now trading at $26,505

August 24, 2023 2 mins read

Cardano’s Charles Hoskinson Believes ADA Won’t Face SEC Action

Charles Hoskinson, founder of Cardano, is certain that the U.S. SEC would not go after ADA, the project’s native token. In a recent video interview, Hoskinson said that despite ADA being cited as a security in a lawsuit against a cryptocurrency exchange, no regulatory action has been taken against the

August 24, 2023 1 min read

XRP: Most Popular Altcoin in South Korea, Surpasses Ethereum

Ripple (XRP), the world’s fifth-ranked cryptocurrency, has surpassed the leading altcoin as the most popular cryptocurrency in South Korea. According to the report, crypto traders in South Korea chose XRP as their first preference over other cryptocurrencies. On the other hand, Ripple has experienced a surge of around 2% in

August 24, 2023 2 mins read

XRP Ledger Hits Significant Milestone with 82 Million Ledgers

The XRP Ledger (XRPL), the underlying blockchain behind the XRP cryptocurrency, has now closed over 82 million total ledgers. According to tracker XRPL Services, the exact ledger index recently reached 82,043,421, crossing another major milestone. This comes just over a month after XRPL closed its 81 millionth ledger. The continuous

August 23, 2023 1 min read

Shiba Inu (SHIB) Achieves Major Adoption Milestone

The meme-inspired cryptocurrency Shiba Inu (SHIB) continues to see its community of holders grow, even as developers work to relaunch the troubled Shibarium layer-2 network. According to analytics site CryptEye, the number of SHIB holders has increased by nearly 1,000 in the past 24 hours. The current total sits at

August 23, 2023 1 min read

Ripple CEO Brad Garlinghouse Hires New Lawyer in U.S SEC Lawsuit

The CEO of Ripple, Brad Garlinghouse, has a new lawyer representing him in the XRP litigation, which has been pending in the United States District Court. This action follows a recent application for permission to pursue an interlocutory appeal in the matter filed by the U.S. SEC. In a court

August 23, 2023 1 min read

Shiba Inu Partner Unveils Additional SHIB Cold Wallets for Sale

Cryptocurrency hardware provider Tangem recently announced the manufacture of new cold wallets featuring the popular meme coin Shiba Inu. The company stated on X that the latest batch is now available for purchase after an initial 5,000 unit sale this past July. Tangem’s SHIB wallets operate by allowing users to

August 22, 2023 1 min read

Whale Alert: 4.6 Trillion SHIB Tokens Worth $38.35M Moved

On Tuesday, whale monitoring service Whale Alert revealed that a whale had transferred 4.6 trillion SHIB tokens worth around $38.35M from an unknown wallet to another unknown wallet. After lead developer Shytoshi Kusama launched the long-awaited L2 Shibarium mainnet last week, the chain saw an enormous load and entered fail-safe

August 22, 2023 2 mins read

Whale Activity Rises by 49% as Polygon (MATIC) Shows Signs of Rebound

Despite largely flat price action over the past week, Polygon has seen a notable uptick in large transactions on its blockchain network. According to crypto analytics platform IntoTheBlock, so-called “whale” transactions on Polygon exceeded $100,000 in value and increased by 49.44% over the last seven days. The number of these

August 22, 2023 2 mins read