On Oct. 8, the on-chain analytics provider highlighted several crypto projects and altcoins that have seen major boosts in whale transactions in the past week compared to the previous week’s activity. It added that coins that have been dropping in value that suddenly see massive whale spikes “are prime candidates for upcoming bounces.” Cronos (CRO) […]
Several altcoins have surrendered their recent gains this week amid rising geopolitical tensions, with Polkadot (DOT) facing similar challenges. The latest market correction pulled the altcoin’s price down to $4.04, a drop of over 14% in just three days. At times like this, it’s important to take a step back and examine some fundamentals and […]
The identity of Satoshi Nakamoto has remained a secret ever since the pseudonymous creator of Bitcoin left the scene back in 2010. Now, “Money Electric: The Bitcoin Mystery” claims to have identified him. According to a Politico report, Cullen Hoback’s documentary is expected to air next Wednesday at 2 AM CET. Not much else is known at […]
September is often dubbed ‘Slumptember’ as Bitcoin and crypto assets have historically recorded losses during this month with the odd exception. However, this September ended with the best performance, as noted by analyst Rekt Capital on Sept. 30. He reported that BTC increased by 7.75% in September, beating its previous record of 6% in 2016. […]
Crypto markets were retreating heavily during early Monday morning trading in Asia, how low they go may be influenced by this week’s economic events. There are eleven Federal Reserve speaker events this week and a raft of economic data that could set the scene for the final quarter as Q3 comes to a close. Economic […]
Changpeng Zhao, the founder and former CEO of the world’s largest cryptocurrency exchange, has served his four-month prison sentence and has been released from custody as of Friday. Although he has stepped down as the chief executive of Binance, he is still the largest stakeholder. Recall the events that took place almost a year ago […]
On Sept. 26, CryptoQuant founder Ki Young Ju reported that America is regaining dominance in terms of BTC holdings. Its ratio compared to other countries is rising, “driven by spot ETF demand,” he added. According to the US reserve ratio chart he provided, holdings have been increasing for the past year but have yet to return […]
Crypto markets have held on to last week’s gains over the weekend following a boost from the Federal Reserve’s 0.5% interest rate cut. This week has a number of reports on consumer sentiment, gross domestic product, and more inflation data. “Expect more volatility and larger swings as markets shift attention to the next Fed meeting,” […]
As repeatedly said in the past few days, all financial markets, especially crypto, were focused on the FOMC meeting that took place on September 18 as the US central bank was expected to lower the interest rates for the first time in about four years. Once that came to fruition, markets went berserk, with massive […]
Bitcoin’s price ascend continued in the past 24 hours as the asset flew past $60,000 and tapped a multi-week peak of over $60,500. The altcoins are also in the green, which has boosted the total crypto market cap by more than $70 billion since yesterday. BTC Touched $60.5K After last Friday’s correction that drove BTC […]