In an unexpected turn of events, Solana meme coins have gained significant attention in the cryptocurrency world. Large investors, or “whales,” have been drawn to these coins during the broader crypto market recovery. According to on-chain data, whales from Binance have amassed nearly 500 million MEW and 4 million SLERF in the last 24 hours. … Read more
In the face of market instability, Toncoin‘s cryptocurrency TON recovered strongly, increasing by 18% and reaching a new record high of $7.0. Currently, Toncoin ranks as the eighth largest cryptocurrency by market capitalization, surpassing Dogecoin (DOGE) with a market cap exceeding $24 billion. This price growth follows Toncoin’s collaboration with HasKey. Toncoin (TON) Price Rally … Read more
After dipping below the $3,000 mark shortly following the intensification of the Israel-Iran conflict, Ethereum‘s price has rebounded nicely, reaching over $3,150 as of now. This significant recovery in Ethereum can be attributed to whales purchasing large quantities from exchanges during price drops. Ethereum Whale Scoops $50 Million Worth of ETH According to information from … Read more
What are AI tokens? In simpler terms, AI tokens function as the payment method inside AI-driven systems, letting users purchase services, obtain data, and take part in platform functions. Some AI tokens come with the added benefit of giving their owners a say in shaping the future of the associated project through voting rights. Many … Read more
With international political conflicts intensifying, the crypto market experiences instability, putting Bitcoin, the leading digital currency, to the challenge of demonstrating its strength once more. Michael Saylor, one of MicroStrategy’s co-founders, has fueled debate in the cryptocurrency world with his thoughts on how chaos could benefit Bitcoin. Nevertheless, the present market scenario presents a conflicting … Read more
Bitcoin and Ether exchange-traded funds (ETFs) listed on the spot market in Hong Kong are anticipated to secure final approvals as soon as the following week. As suggested by a Matrixport analysis, there is potential for these financial instruments to tap into approximately $25 billion of investment interest from Chinese traders through the Southbound Stock … Read more
Coinbase has filed for a interim appeal in its ongoing legal dispute with the SEC (United States Securities and Exchange Commission). This request is the most recent turn of events in a closely-watched lawsuit that started in June 2023. In documents submitted on April 12, Coinbase is asking the court to clarify a constitutional issue … Read more
The cryptocurrency sector is an exciting yet unpredictable journey. There’s a wide range of views regarding Bitcoin‘s future, with some analysts being optimistic and others pessimistic. Currently, Bitcoin hovers around $64,000, leaving many unsure about its next move. Crypto: A Tale of Bullish Optimism According to Adam Back, the head of Blockstream, he remains confidently … Read more
Over the past day, the open interest for Solana’s (SOL) futures contracts decreased significantly by 21%, amounting to approximately $1.62 billion as of now, according to CoinGlass data. This number reflects the aggregate value of all incomplete Solana futures deals on various trading platforms. The drop in OI is part of a larger pattern in … Read more
Over the past week, Spot Bitcoin ETFs have gone through extreme ups and downs. This volatility was driven by fluctuating investor attitudes and substantial transfers of funds. The turbulence began on Monday when these ETFs saw an unprecedented withdrawal of $223.8 million, establishing a new benchmark for the largest Bitcoin ETF outflow ever recorded. Spot … Read more