Tag - ethereum
21Oct

Insider whale opens $255M BTC, ETH longs as Trump confirms Oct. 31 meeting with China

A crypto whale has opened $255 million in Bitcoin and Ethereum long positions as markets react to signs of easing U.S.-China tensions. On Oct. 20, on-chain analyst Wimar.x reported that an insider with a perfect trading record opened large leveraged longs on both Bitcoin and Ethereum. https://twitter.com/defiwimar/status/1979922292969705622?s=46&t=nznXkss3debX8JIhNzHmzw Another on-chain analyst, Emelu.eth, flagged a major position by wallet 0x89Da, which opened...

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27Dec

Thai baby hippo Moo Deng gets US$300,000 Christmas gift from Ethereum co-founder

BANGKOK: Moo Deng, the celebrity baby pygmy hippopotamus at a Thai zoo, has just received a huge Christmas present from one of the most influential figures in the crypto world. Vitalik Buterin, the co-founder of the Ethereum blockchain platform, “adopted” the beloved Moo Deng through a generous donation of 10 million Thai baht (US$300,000) to the...

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07Dec

Bitcoin ETF trading volume spikes 50% amid BTC drop below 100k

U.S. spot Bitcoin exchange-traded funds recorded $7.1 billion in trading volume on Dec. 5, marking a 50% surge from the previous day, as Bitcoin’s price dropped below $100,000. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $766.66 million on Dec. 5, extending their six-day streak to a total of over $2.7 billion. BlackRock’s...

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06Dec

Bitcoin breaks $100K: What’s next for Ethereum, altcoin season and key levels to watch

Bitcoin crossed the $100,000 milestone on Wednesday, hitting a new all-time high at $104,088 on December 5. Crypto traders’ enthusiasm was rewarded with significant capital inflows to Spot Bitcoin ETFs and increase in BTC options trade volume. Post Bitcoin’s rally to $100,000 btc-3.12%Bitcoin, traders are looking for the next altcoin to shift their focus to, expecting higher...

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04Dec

Bitcoin dominance crumbles: Top 10 beginner friendly altcoins to watch

Bitcoin dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season, with over 75% of the top 100 altcoins consistently outperforming Bitcoin. Let’s deep-dive into the top 10 altcoins for beginners to buy in December 2024. Table of Contents Why Bitcoin dominance matters...

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03Dec

Bitcoin dominance drop and ready to break multi-year support, analyst says

Bitcoin dominance is in the analyst’s eyes, which indicates another cycle of the cryptocurrency market, after it is dominating for a few months. Bitcoin dominance, which measures the market capitalization of Bitcoin influence in the cryptocurrency market, has dropped to 56% or shrunk from 60% in the past month, according to the data from TradingView. Analysts also projected...

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03Dec

Ethereum recorded an inflow of $2.2 billion this year

The second-largest cryptocurrency in the world, Ethereum, has seen a major inflow from the financial market, with a total of $2.2 billion this year. According to CoinShare’s published report on Dec. 02, Ethereum eth0.39%Ethereum has an outstanding record, along with Bitcoin as the most prominent crypto in the world, receiving a large amount of inflow this year. Ethereum has gained market...

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03Dec

Spot Bitcoin ETFs record fourth straight day of inflows, $353.67m added

Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of inflows on Dec. 2, with $353.67 million flowing into the funds. According to data from SoSoValue, BlackRock’s IBIT fund led the charge, recording a massive $338.33 million in inflows. Fidelity’s FBTC and ARK’s ARKB funds contributed to the trend with inflows of $25.14 million and...

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02Dec

Bank of Russia: Citizens still hold $6.8b in crypto on exchanges

Russian crypto holdings on centralized exchanges still worth billions despite volatility, Bank of Russia reveals. Russian crypto holdings on centralized exchanges still amount billions despite nearly a 16% decline comparing to March’s figures, per the Bank of Russia’s latest report. According to the central bank’s data, Russians held $6.8 billion in crypto on centralized exchanges, marking a 15.8%...

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02Dec

Chart of the week: XRP could jump another 12%, what to expect

XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. Table of Contents XRP on-chain indicators signal price growth  XRP eyes retest of April 2021 peak XRP derivatives traders turn bullish Strategic considerations XRP on-chain indicators signal price growth XRP...

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