TL;DR Whales accumulated almost $160 million worth of ADA in the span of only 48 hours. Continuous buying efforts, paired with non-declining demand, could trigger a price rally. Increasing Exposure The renowned analyst Ali Martinez revealed on X that Cardano whales (those having between 100 million and 1 billion tokens) scooped up more than 200 […]
The pace of profit-taking by veteran Bitcoin (BTC) holders has cooled off in August as they resist selling, signaling a shift in market dynamics after a record-breaking July. Data shared by on-chain analytics platform Glassnode shows realized profits by long-term holders, measured over a seven-day moving average, have dipped sharply from July’s $1 billion per […]
Crypto and stock markets have continued to rally despite ongoing tariff uncertainty. The rally may have been aided by some signs of economic softness and increasing odds of a rate cut in September. However, analysts tend to think that the path ahead may remain choppy, with trade, macro, and geopolitical developments still casting darker clouds […]
Flare, the EVM-compatible interoperative chain has unveiled its new product—a seedless wallet, along with some other upcoming plans. It is steadily increasing in user engagement, as evidenced by certain metrics. Shiny New Wallet In a press release shared with CryptoPotato, Flare announced the launch of its seedless, non‑custodial wallet Luminite. Turnkey’s embedded wallet technology was used to […]
The largest bank in the United States continues its stride into DeFi innovation with TradFi roots, marking a partnership with two financial institutions. Improving Solid Foundations Marex Group Plc, a publicly traded financial services company listed on the NASDAQ (MRX), made an announcement last week regarding a collaboration with Brevan Howard Digital (BHD), a digital asset management division, […]
July proved to be a breakout month for Web3. The decentralized finance (DeFi) sector, especially, which drover much of the momentum, according to DappRadar. Total value locked (TVL) surged over 30% to end the month at $259 billion and briefly touched an all-time high of $270 billion on July 28. Tokenized Stock Boom The spike […]
Bo Hines, who has led the Trump administration’s White House Crypto Council since December 2024, is stepping down to return to the private sector. During his tenure, Hines oversaw key policy initiatives, including the administration’s push for dedicated crypto regulations and the passage of the GENIUS Act, which established a framework for dollar-pegged stablecoins. Bo […]
Ethereum (ETH) has surged past the $4,200 mark for the first time since December 2024. The latest milestone comes with a retail optimism, which is overshadowing bearish views. Bullish Hashtags Dominate Social Media Ether is currently trading above $4,200, and this surge has sparked optimism among traders. In fact, social media sentiment shows a strong […]
Maestro, a leading Bitcoin Finance (BitcoinFi) infrastructure provider, has published the “State of BitcoinFi” report, which brings forward an ecosystem-wide analysis on its financial applications, infrastructure, and ongoing development from a store of value to empowering traditional finance’s (TradFi) on-chain transition. Maestro anticipates volumes to keep surging as enterprises continue to stack BTC in their […]
The US Securities and Exchange Commission (SEC) may be entering a new phase in its approach to digital assets. This shift may have gone largely unnoticed by the market, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. Market Sleeping On SEC’s Pivot? In a recent investor note, Hougan pointed to the speech […]