In spite of a downturn in the larger cryptocurrency market, metrics for RNDR, an AI-powered token by Render (RNDR), have surprisingly surged. According to ITB’s data, large transactions for this token increased by as much as 140% within a day, resulting in a dollar evaluation of approximately $74.29 million. Unusual Render trend The market data … Read more
Based on blockchain records, approximately 32 million XRP have been moved from Upbit, a major South Korean cryptocurrency exchange, to an undisclosed wallet. The large-scale shift of XRP from Upbit to an unidentified wallet has ignited discussions within the crypto world about the possibility of a big investor buying XRP. According to the crypto data … Read more
WOO X, a popular crypto exchange, has created buzz in the digital currency world today by introducing groundbreaking index perpetual contracts. In collaboration with respected market maker Wintermute and indices provider GMCI, WOO X now grants traders exposure to an extensive collection of indices. These indices encompass meme coins, leading cryptocurrencies, and tokens from layer-2 … Read more
The data from Shiba Inu’s transactions indicates a noticeable decrease in large deals, usually made by big investors or “whales.” Historically, this pattern has been a warning sign for market instability or a potential price decline. Consequently, some investors are wondering about the upcoming direction of SHIB based on this observation. Whale activities with substantial … Read more
According to Michael Sonnenshein, CEO of Grayscale Investments, the Grayscale Bitcoin Trust (GBTC) seems poised for a pivotal moment following a prolonged spell of outflows. In an interview with Reuters during the most recent episode of Inside ETFs, Sonnenshein discussed the hurdles and evolutions confronting GBTC. Since 2013, Grayscale Investments has led the way in … Read more
To safeguard your investments, it’s essential to hold a variety of asset classes. By incorporating cash, digital currencies such as Bitcoin, and commodities into your portfolio, you can minimize risks when stock markets experience downturns. The role of cash and other liquid assets is crucial during volatile stock market conditions. When share prices decrease, cash … Read more
The Shiba Inu initiative, famous for its meme token SHIB, is creating ripples in the crypto market with two significant advancements: a tactical partnership and a spike in online buzz. This action underscores Shiba Inu‘s ambition to become a dominant force in the emerging Web3 sphere. Shiba Inu Sponsors Web3 Summit Dubai 2024 At the … Read more
According to IntoTheBlock’s latest report, the number of unique Shiba Inu (SHIB) cryptocurrency wallet addresses has surpassed the four million milestone. Reaching this achievement highlights the increasing popularity and curiosity around SHIB, signifying a significant milestone in its crypto market adventure. In simpler terms, the term “total addresses” refers to all the unique addresses on … Read more
A fresh perspective emerged in the ongoing debate between Bitcoin (BTC) and gold as renowned trader Peter Brandt presented his analysis. On the X app, Brandt displayed a chart demonstrating Bitcoin‘s superiority over gold in terms of price performance over the past year. Bitcoin versus gold rivalry Gold has been an essential protective asset against … Read more
ExSat simplifies the process of checking Bitcoin and related ecosystem token balances by allowing for straightforward inquiries. This results in a smooth transfer of assets and data between various networks and Bitcoin Layer 2 scaling solutions. exSat bridges the gap between “native” Bitcoin and L2s According to the announcement from exSat’s team, they have introduced … Read more