Crypto Follies: Whales, Swings, and Shib Shenanigans!

And lo, Ripple’s XRP doth tumble by 4%, while the whales-those leviathans of the deep crypto seas-move with a purpose unknown to mere mortals. Yet, in this comedy of errors, an anonymous rogue hath turned 800 billion SHIB tokens into millions, leaving us all to ponder: is this genius or madness?

SBI Eyes Bitbank Buyout to Dominate Japan’s Crypto Market

SBI Moves to Acquire Bitbank in Strategic Crypto Expansion SBI Holdings is close to buying Bitbank, a move that would strengthen its position as a leader in Japan’s growing digital asset market. The purchase is still subject to standard checks and regulatory approval, and the details of the deal haven’t been made public. This acquisition … Read more

Bitcoin Rejected at Key Cost Basis Zone-Is $68,000 the Next Support?

Glassnode’s recent report highlights an important price level for Bitcoin that it recently touched. This level is determined by looking at two key on-chain indicators: the average price short-term Bitcoin holders paid for their coins, and the True Market Mean, which represents the average cost basis across the network.