The Ethereum market has recently experienced a shift, with rising exchange reserves indicating a potential new distribution phase. The CryptoQuant Ethereum Exchange Reserve metric tracks the amount of ETH held in exchange wallets, and when this metric increases, it often suggests that traders are preparing to sell their ETH, leading to increased supply pressure and
Bitcoin’s price was initially expected to steadily increase this year, leading to a bullish market outlook. However, the reality has been quite different, with severe price declines pushing Bitcoin below the $60,000 threshold. This has raised concerns among crypto analysts, with some predicting a potential crash below $40,000. A crypto analyst known as ‘Magog PhD’
The latest analysis by Santiment has revealed a significant decline in whale activity across major crypto assets, such as Bitcoin and Ethereum. The number of transactions valued at over $100k has dropped noticeably from the highly active period of March to August. Bitcoin, which previously saw 115.1k transactions, now only accounts for 60.2k transactions, showing
The recent video of Tigran Gambaryan, the American executive of Binance who has been detained by the Nigerian government since February, struggling to walk into a courtroom has sparked outrage. Binance CEO Richard Teng has strongly condemned the harsh treatment of Gambaryan, emphasizing that he deserves to be allowed to go home for medical treatment
The Open Network and its native token, TON, are facing a series of challenges, with the most recent being a dramatic price plummet. Following last week’s outages due to high demand for DOGS, TON’s price dropped by over 90% in just a matter of minutes on CoinMarketCap. This steep decline, as shown in the graph,
Crypto analyst ‘Titan of Crypto’ recently shared with his 90,000 followers a unique technical pattern that is unfolding in the cryptocurrency market. This pattern involves a golden cross forming between the 100-day moving average and the longer time frame 200-day moving average. Unlike the typical golden cross, which involves a shorter time frame moving average
The recent price action of Ethereum has left many traders disappointed as it has failed to meet their expectations. The cryptocurrency is currently stuck in a bearish trend, with a 23% decrease in price over the last 30 days. This downturn has come as a surprise to many investors who were hopeful for a bullish
Season 1 of MetalCore is set to bring about some exciting changes to the gameplay that will enhance the overall experience for both new and experienced players alike. The introduction of the “Intro Mission” will provide players with a more refined understanding of the game’s mechanics and lore, making it easier for new players to
The Crypto Wealth Report 2024 by Henley & Partners has revealed some staggering numbers in the world of digital assets. The report shows a significant increase of 95% in individuals holding over $1 million in digital assets, totaling at 172,300. This surge comes as the crypto market’s total value has reached $2.3 trillion, marking an
The recent filing by the US Securities and Exchange Commission (SEC) regarding the repayment strategy in the ongoing FTX bankruptcy case has raised significant concerns within the industry. The SEC expressed worries about the plan to repay creditors using stablecoins or other digital assets, potentially challenging these transactions under federal securities laws. While the SEC
