In recent months, there has been a noticeable trend of large bitcoin holders, often referred to as “whales,” increasing their holdings of the cryptocurrency. Data analysis shows that a subset of these whale addresses now collectively possess over 40% of the total bitcoin supply. This accumulation by whales, particularly those holding more than 1,000 BTC,
Crypto
In the world of meme coins, one investor stands out for their extraordinary buying spree of Shiba Inu (SHIB) tokens. This whale recently spent a whopping 4,849 ETH, equivalent to around $18.44 million, to acquire an astounding 715.9 billion SHIB in just six hours. This level of accumulation is unprecedented, even for a seasoned investor
The launch of Ethereum-based exchange-traded funds (ETFs) in the United States has investors buzzing with excitement. Traders’ positions indicate a moderate degree of interest in these investment vehicles. According to K33 research, there is an expectation of around $4 billion flowing into spot Ethereum ETFs within the first five months after their launch. This projection
In recent years, Binance, the world’s largest cryptocurrency exchange, has faced a series of legal challenges and regulatory hurdles that have impacted its native token, Binance Coin (BNB). From legal disputes with Nigerian authorities to a multi-billion dollar settlement with the US Department of Justice, Binance has been embroiled in controversy. The exchange’s founder, Changpeng
Watford Football Club, a professional English football team, has taken a bold step by deciding to sell 10% of its equity to investors, including its fans. This innovative decision was shared in a press release with CryptoPotato, revealing that the shares will be offered on the Republic platform and its European crowdfunding arm Seedrs. The
In recent times, one particular frog-themed meme coin has been gaining a lot of attention and popularity in the cryptocurrency market. This particular coin experienced a significant 30% spike within a 24-hour period, bringing it close to a new all-time high price. Despite this surge, another meme coin named PEPE still holds the title of
The Polkadot Blockchain Academy recently launched its fifth cohort in Singapore, aiming to nurture developer talent in the region. With 184 lecture hours and 18 experienced instructors leading the program, participants can expect to receive top-tier guidance and gain a deep understanding of Polkadot and blockchain technology. Modules in the program include Smart Contracts, Governance,
Binance recently made an announcement to halt trading services for certain cryptocurrencies, which led to significant price drops for the affected assets. This decision is part of Binance’s strategy to continuously adjust its offerings to enhance user experience and respond to the latest market trends. Tokens Being Delisted Among the tokens that will no longer
The recent decision by Ripple to contribute $25 million to the Fairshake super PAC reflects the company’s commitment to advocating for pro-crypto policies and politicians. This move comes at a critical time when the cryptocurrency industry is facing increasing regulatory scrutiny, particularly from agencies like the Securities and Exchange Commission (SEC). Ripple’s decision to support
In a recent survey conducted by Harris Poll, it was revealed that geopolitical tensions and inflation have significantly impacted the way American voters view cryptocurrencies, particularly Bitcoin. The survey, which gathered responses from over 1,700 likely U.S. voters and funded by Grayscale, a Bitcoin ETF issuer, showcased that one in three voters will take into
