Bitcoin whales are quietly scooping up BTC, according to the latest analysis by IntoTheBlock. There has been a shift in Bitcoin accumulation patterns with a surge in net inflows to the largest wallets despite the prevailing market sentiment of FUD. Bitcoin Whales Increase Holdings By 7,130 BTC The data revealed that holders with control of at least 0.1% of the total Bitcoin supply increased their holdings by 7,130 BTC in a single day, with the stash worth around $436...
Read More »Notcoin Leads Top Crypto Gainers as PlayDoge Could Emerge as Next Big P2E Token Contender
Notcoin (NOT) has again stolen the spotlight, leading the pack of top crypto gainers today. Meanwhile, a new Play-to-Earn project called PlayDoge (PLAY) is quietly making a name for itself – and some early backers believe it’s primed for massive growth in the weeks ahead. NOT Bounces Back as Spot Trading Volumes Skyrocket Notcoin has been reminding everyone why it became a crypto market sensation. After hitting a low on Monday, NOT has staged a comeback, surging by 23% to...
Read More »32,916 Traders Liquidated in Crypto Market as Market Slump Continues
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Read More »The Two Reasons Bitcoin’s Price Is Taking A Beating: Bitwise
Bitcoin’s price took a steep tumble early this week, driving over $300 million in crypto market liquidations in a single day. Why the sudden volatility? Gayatri Choudhury, Quantitative Research Analyst at Bitwise, says there have been two key drivers of the selloff – and neither relates to the Bitcoin ETFs. Miners Are Dumping The analyst first noted on Tuesday that the activity of Bitcoin miners – a cohort “often overlooked” by market watchers. Since the fourth Bitcoin...
Read More »AI Tokens Surge Despite Nvidia’s $430 Billion Market Cap Loss
Nvidia’s stock has experienced a sharp decline over the past three consecutive trading days, resulting in a loss of over $430 billion in market capitalization and a 13% drop from its peak. Despite this downturn, popular AI crypto tokens have shown significant surges in the last 24 hours. AI Tokens Rally as NVDA Plunges Crypto traders closely monitor Nvidia as a key indicator for the AI cryptocurrency market. While there have been instances of parallel movement, such as during...
Read More »Bybit is Now the Second-Largest Crypto Exchange: Kaiko
The Singapore-based cryptocurrency exchange Bybit has overtaken its rival, the U.S.-based Coinbase, to become the second-largest digital asset trading platform after Binance. According to a press release citing a report from crypto analytics platform Kaiko, Bybit’s market share has surged from 8% to 16% since October 2023, while Coinbase’s share increased by 1% over the same period. Due to the steady growth, Bybit surpassed Coinbase in March to become the second-largest...
Read More »GolfN Tees Up Play-to-Earn Golf Following $1.3M Pre-Seed Raise
[PRESS RELEASE – Chicago, United States, June 25th, 2024] GolfN is the first golf app to use the power of tokenization and digital collectibles to empower its members to earn rewards for playing and engaging with a physical sport. GolfN, Inc., today announced the closure of its $1.3 million Pre-Seed funding round. The round saw participation by prominent blockchain investors, including leading personalities and projects in the Solana ecosystem – CitizenX, Fourth Revolution...
Read More »Ordinal Hive and Merlin Chain Join Forces to Revolutionize Ordinals Trading
[PRESS RELEASE – Los Angeles, California, June 25th, 2024] Ordinal Hive, a cutting-edge player in the Bitcoin ecosystem, has announced a groundbreaking partnership with Merlin Chain. This collaboration aims to create the first Ordinal trading protocol specifically designed for professional traders, addressing a significant gap in the current market landscape. The partnership between Ordinal Hive and Merlin Chain represents a major step forward in the evolution of...
Read More »Cega Unveils Innovative DeFi Shark Fin Products
[PRESS RELEASE – Singapore, Singapore, June 25th, 2024] Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offering—Shark Fin vaults. Cega aims to address a gap in the market for conservative investors and DeFi lenders that want to outperform existing lending rates, while protecting their principal and maintaining a delta-neutral profile. The “Bull Shark” vaults deliver on both these objectives. In addition, Cega supports...
Read More »Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains
[PRESS RELEASE – New York, NY, United States, June 25th, 2024] The company expands flagship Ethereum mainnet support to accommodate rising user adoption of layer 2 blockchains. Harpie, a blockchain security suite that protects retail investors and their digital wallets from theft, today announces the expansion of their flagship Ethereum wallet protection to include coverage for assets on layer 2 blockchains Base, Polygon, and Arbitrum. Layer 2 market capitalization has surged...
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