Can the meme coin craze ignite a Solana price rally? Aneena Alex Cryptocurrency Oct 19, 2024 Share Memecoins have once again captured the cryptocurrency spotlight, with Solana (SOL) emerging as a key network supporting this growing trend. Several memecoins on Solana’s blockchain have posted impressive gains recently, pushing the platform’s native token, SOL, up by […]
Samara Cohen, BlackRock’s Chief Investment Officer for Exchange Traded Funds (ETFs) and Index Investments, revealed that 75% of buyers of the company’s Bitcoin ETF are cryptocurrency enthusiasts who are unfamiliar with traditional Wall Street investments. BlackRock Says Majority of Bitcoin Spot ETF Buyers Are From Cryptocurrency Community, Not Traditional Finance Speaking at the Permissionless Conference […]
Crypto executives unveil FTX market manipulation from the early days Vinicius Barbosa Cryptocurrency Oct 19, 2024 Share In a recent podcast episode, executives of a top 100 cryptocurrency unveiled a market manipulation scheme by the FTX exchange. The now-bankrupt FTX has allegedly operated many similar market manipulation activities, intentionally harming some projects for the benefit […]
Spot Bitcoin exchange-traded fund inflows shot up more than 580% this week, as one analyst pointed out that whales were loading up on Bitcoin at a pace akin to the lead-up to the 2020 rally. Over the past week, inflows into the 12 spot Bitcoin ETFs reached $2.13 billion, following six consecutive days of positive […]
Bitcoin has been steadily climbing since crossing the $60,000 mark and is currently hovering closer to the $70,000 level, a price it hasn’t reached in months. With the market sentiment heating up, investors are wondering whether Bitcoin has the strength to reach new all-time highs or if it will struggle to break past key resistance […]
Smartest trader or insider? Anonymous prints $3 million in profits twice Vinicius Barbosa Cryptocurrency Oct 19, 2024 Share An anonymous smart trader printed over $3 million in profits twice, trading two different cryptocurrencies this month. While an analyst praised this address as the “smartest trader [he had] seen recently,” commentators speculate on being an insider. […]
Bloomberg analyst Eric Balchunas has commented on yet another historic moment for the crypto market. On Friday, the U.S. Securities and Exchange Commission (SEC) granted accelerated approval for 11 exchange-traded funds (ETFs) to list and trade options tied to spot Bitcoin prices on the New York Stock Exchange (NYSE). According to Balchunas, the SEC approved […]
As per latest data, whales are getting ready for a potential Bitcoin price surge. The current whale ratio on spot exchanges, tracked via a 30-day moving average, mirrors patterns seen after the COVID crash in 2020, according to CryptoQuant. This suggests that large Bitcoin holders are actively accumulating coins. Whales are ready “When looking at […]
Bitcoin surged past $68,000, signaling a bullish breakout and potential price increase. An Ichimoku golden cross and rising fear and greed index indicate strong market momentum. External factors, like Trump’s election odds, fuel investor interest in Bitcoin as an inflation hedge. Recently, Bitcoin (BTC) surged past a key psychological price level at $68,000. This breakout […]
Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that appear quite appealing to investors. According to a recent CryptoQuant analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active Address Momentum Signals Upward Market Structure Active addresses represent the number of unique addresses […]