One of the prevalent myths surrounding Bitcoin is the belief that long-term holders, often referred to as “HODLers,” never engage in selling their assets. On-chain analyst James Check recently highlighted this misconception, arguing that HODLers do indeed sell, impacting the price movements of Bitcoin more than widely assumed. This underscores a critical understanding that the
Crypto
In a notable development within the cryptocurrency market, Bitcoin has witnessed substantial withdrawals amounting to $457 million over the past week. This marks the first significant outflow since early September, a trend that many analysts attribute to a round of profit-taking among investors, particularly after Bitcoin tested the psychologically important $100,000 threshold. Such high price
In recent weeks, the cryptocurrency landscape has witnessed an intriguing explosion of meme tokens on the XRP Ledger (XRPL). This upsurge follows a notable resurgence in Ripple’s flagship token, XRP, which has posted an impressive 88% increase in value over the past seven days, propelling it to the rank of the third-largest cryptocurrency by market
In the rapidly evolving world of cryptocurrency, centralized exchanges (CEXs) have emerged as vital platforms for trading digital assets. They facilitate transactions smoothly, offering user-friendly interfaces and a range of services that attract millions of users globally. However, this convenience often comes at a price, as evidenced by recent incidents highlighting serious flaws in customer
Bitcoin (BTC), the pioneering cryptocurrency, is presently trading within a narrow band of $94,000 to $96,000. This price range has generated mixed sentiments among investors as they closely monitor market dynamics for signs of a breakout. Various on-chain analytics continue to provide insights into potential price movements, with many analysts fostering optimism about the upcoming
In the ever-evolving world of cryptocurrencies, XRP has recently emerged as a surprising contender, ascending to the third position in market capitalization. Overtaking prominent figures such as Tether (USDT) and Solana (SOL), XRP now boasts a market cap exceeding $135 billion. This accomplishment is not merely a fluke; it comes after XRP’s price skyrocketed to
On December 1, 2023, at 4 AM UTC, Clipper, a decentralized exchange (DEX), faced a significant security breach that specifically targeted its liquidity pools on the Optimism and Base chains. This incident highlights the vulnerabilities still present in the DeFi space, revealing that even well-developed platforms are not immune to attacks. Chaofan Shou, co-founder of
XRP has recently captivated the attention of traders and investors alike with a remarkable price increase that has taken it to heights not seen in nearly seven years. Doubling in value in a mere week, XRP has surged past significant milestones, including breaching the $2 mark and achieving a new peak of $2.5. This drastic
In the fast-paced world of cryptocurrency, few platforms have captured attention like Pump.fun. Launched in early 2024 on the Solana blockchain, this launchpad quickly became a magnet for meme coin enthusiasts, driving an impressive volume of investment. By the third week of November, Pump.fun achieved a staggering revenue of $33.83 million, marking its highest earnings
In a significant development in the world of cryptocurrency, Japanese exchange DMM Bitcoin has announced that it will cease operations by March 2025, a decision triggered by a catastrophic hack that resulted in losses exceeding $300 million. This situation highlights the vulnerabilities in digital asset security and raises urgent questions about the safety measures employed
