The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite...
contributor Posted: December 20, 2024 XRP has declined by 2.82% over the past 24 hours. Ripples whales buy 110 million XRP tokens worth $242 million. Over the past 24 hours, the crypto market has experienced strong downward pressure. With most altcoins declining following BTC’s drop to $95k, XRP was not spared. Over this period, Ripple’s [XRP] has experienced a sharp decline, hitting a low of $2.15. This drop has created a buying opportunity among investors, especially whales. As such, whales have turned to buying the...
After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market...
The spot Ethereum exchange-traded fund (ETF) launched by the world’s largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock’s website, the iShares Ethereum Trust ETF (ETHA) the fund now holds 1.025 million ETH worth...
Journalist Posted: December 18, 2024 CAT had a strongly bullish bias after gaining nearly 50% in a day. The volume indicators showed steady buying pressure in recent weeks despite the consolidation at $0.00004. Simon’s cat [CAT] saw strong gains on the 16th of December. It surged by 48.6% on the day and its trading volume jumped higher by a factor of over 10. This indicated high enthusiasm to buy the breakout meme coin. Yet, CAT faced some trouble convincingly climbing past the local resistance zone...
Bitcoin jumped to a fresh high above $107,000 on Monday as crypto bulls were left giddy with excitement after President-elect Donald Trump floated the possibility of setting up...
MicroStrategy (Nasdaq: MSTR), a business intelligence company founded in 1985, made a bold move in August 2020 by adopting Bitcoin as its primary treasury reserve asset. This decision marked a significant shift for the company, transforming it into a quasi-Bitcoin investment vehicle. However, the question remains: Can this...
Journalist Posted: December 15, 2024 Miners sold over $13B BTC in the first half of December. Per Puell Multiple, BTC wasn’t overvalued or in a red zone yet. Bitcoin [BTC] miners have intensified selling since the cryptocurrency crossed the $100K milestone. In December alone, miners sold 140K BTC, worth $13.72B. Per Santiment data, the dumping spree has shrunk the miner balance from over 2M to 1.95M coins as of this writing. Source: Santiment
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