Bitcoin, the leading cryptocurrency by market capital, has been a pivotal force over the past week, reaching $44,705—an unprecedented peak in nearly two years. However, the recent two-day spell marked a slight volatility, causing the price to fluctuate within the $42,000 to $40,000 range. Today, BTC has surged by 5%,
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
Cryptocurrencies have witnessed a meteoric rise in recent years, with various tokens gaining fame for their unique attributes. Shiba Inu (SHIB) emerged as one of the prominent meme coins, capturing the fascination of investors worldwide. However, the crypto landscape is dynamic, and newer tokens like Retik Finance (RETIK) are making
Whales now possess a larger share of Ether than a year ago, according to IntoTheBlock. Recent reports suggested a significant growth in the holdings of Ethereum whales. An increase from 32% in January to about 35% was shown by the figures. There has been a noticeable rising tendency over the
On-chain data analyzed by leading crypto analyst Ali shows a significant rise in large transactions on the Cardano blockchain over the past three months. This indicates growing institutional interest that could propel the eighth-largest cryptocurrency to new price heights. Citing transaction data, Ali noted ADA transfers over $100,000 have regularly
New data from Bybit Research suggests that institutional investors are suspicious about altcoins, have mixed feelings about ether, and are positive on bitcoin. Institutional investors almost doubled their Bitcoin (BTC) holdings in the first three quarters of 2023. Due to bullish market mood and the expectation that the U.S. SEC
Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this
Dogecoin’s original meme cryptocurrency had its transaction count reach fresh all-time highs this week, even as its price remains constrained below the $0.087 level. According to developer Mishaboar, Dogecoin’s daily transaction volume recently topped 1.5 million transfers over a 24-hour span. That figure builds on the over 1 million transactions
Whales engaged in two major transactions at once, sending XRP tokens to both centralized exchanges and anonymous wallets. In the wake of the rise in whale moves, the price of XRP also saw minor declines. Two huge transactions took place recently, according to the data revealed by Whale Alert. An
In a tumultuous November for the crypto sphere, altcoins soared to unprecedented heights only to be swiftly brought down, tracing volatile patterns that tested support lines. Ethereum, the leading altcoin, surged to a seven-month high of $2140 in the second week of this month before succumbing to volatility in subsequent
