Bitcoin dumped hard on Monday but the bulls are back in control now as they propelled a massive rally that resulted in BTC tapping a 3-week peak above $61,000. This comes at a particularly intriguing time as the US Federal Reserve is expected to cut the key interest rates tomorrow or the next day for the first time in years. Bitcoin/Price/Chart 17.09.2024. Source: TradingViewThe last time BTC traded this high was in the middle of August, when its price plummeted from over...
Read More »Dormant Whale Sells 350 ETH, Reaping Massive 446x Gain
An early Ethereum (ETH) investor who received 16,636 ETH in 2016 has sold a portion of their holdings, marking an extraordinary return on investment. According to on-chain data shared by EmberCN, the whale originally acquired the Ethereum for $5.23 per token, totaling $87,135. As of September 16, 2024, that same amount of ETH is worth more than $37.6 million, representing an astonishing 446x increase in value. Slumbering Trader Makes $819K Profit The investor, who held onto...
Read More »Ethereum Price Analysis: ETH Tumbles 4% Daily as Bears Regain Control, $2K Next?
Ethereum remains in a downward trend, with price action showing insufficient bullish momentum for a reversal. In the near term, the cryptocurrency is likely to enter a consolidation phase within a critical range, with mild bearish retracements seeming far more likely. By Shayan The Daily Chart On the daily chart, Ethereum has been in a sustained downtrend since getting rejected at its yearly high of $4K. The price has consistently formed lower lows and lower highs, creating...
Read More »Will Bitcoin Skyrocket to New ATH as This Crucial Metric Falls to 8-Year Low?
The number of Bitcoin addresses depositing into exchanges has dropped to 132,100. According to insights published on CryptoQuant by analyst CryptoOnchain, this is a figure last seen in 2016. Decreased Selling Pressure This metric, which tracks the number of addresses sending inflow transactions to exchanges, suggests a decrease in selling pressure as fewer investors are moving their BTC to trading venues for liquidation. This reduced sell-off activity follows bitcoin’s recent...
Read More »Why Aave Outperforms other DeFi Blue Chips Like Maker and Lido
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Crypto Inflows Surge with $436 Million as Rate Cut Speculation Intensifies
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Ancient Ethereum Whale Awakens after 8 Years to Sell ETH Holdings
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »These Are the Latest Trends in the Crypto Staking Landscape
The crypto staking landscape is constantly evolving, with new and remarkable shifts coming to light every now and then. A feature that was once primarily attributed to networks with proof-of-stake consensus mechanisms like Ethereum, developers have now brought staking and restaking to the Bitcoin blockchain. A report by the non-custodial staking services provider P2P.org outlined some major staking trends seen in the market over the past month. Trends in Ethereum Staking The...
Read More »SEC Leaves Ether Off Securities Column In eToro Case
Trading app eToro recently reached a settlement with the US Securities and Exchange Commission. The SEC announced Thursday that eToro “agreed to pay $1.5 million to settle charges that it operated an unregistered broker and unregistered clearing agency in connection with its trading platform that facilitated buying and selling certain crypto assets as securities.” But eToro also agreed to halt trading for any cryptos except for Bitcoin, Bitcoin Cash, and Ether. “By removing...
Read More »Looking For The Next Bitcoin (BTC)? Crypto Whales Are Going All-In On This Altcoin
Crypto whales are making waves again, and this time, they’ve set their sights on a promising altcoin that could follow in the footsteps of Bitcoin (BTC). As investors search for the next big opportunity, one rising Ethereum token has captured their attention – ETFSwap (ETFS). With its innovative utilities and a low presale price of $0.03846, smart investors are moving quickly to secure their shares before the ICO window closes. Could ETFSwap (ETFS) be the next million-making opportunity,...
Read More »