According to on-chain information, a large proportion of Bitcoin investors are now making purchases. This trend might be indicative of an upcoming price increase for the cryptocurrency. Bitcoin Mega Whales Have Shown Net Inflows In The Past Day Over the past three weeks, Bitcoin’s price has had trouble gaining substantial upward thrust. Instead, it has … Read more
An uplifting turn of events for the Shiba Inu community: The daily burn rate of Shiba Inu has risen once more. Yet, a closer look at the numbers being torched reveals valuable insights, particularly concerning the involvement of Shiba Inu token holders in the SHIB burning program. Shiba Inu Burn Rate Rises 81% The rate … Read more
The chief researcher at CryptoQuant’s on-chain analysis company shares his perspective on why Bitcoin sellers may be decreasing in number. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In his latest blog post on X, CryptoQuant research chief Julio Moreno explains why the selling pressure from Bitcoin owners with short-term holdings might be decreasing. … Read more
The Bitcoin Halving, an eagerly awaited occurrence in the cryptocurrency world, is approaching soon. This event is believed to influence the Bitcoin price significantly in the long run. Some people worry that the Bitcoin price might have already taken into account the upcoming quadrennial event, as it hit a new record high of $73,700 on … Read more
Bitcoin owners continue to demonstrate their confidence in the leading cryptocurrency, even as its price drops. Notably, there has been an increase in the number of Bitcoin wallets amassing coins, reaching a new record high during this market slump. Accumulation Addresses Record New All-Time High Of Bitcoin Inflows According to the data from cryptocurrency analytics … Read more
Renowned trader Peter Brandt has recently provided intriguing perspectives on the prospective direction of Bitcoin‘s price, implying that a substantial shift could be in store for the cryptocurrency. Bitcoins value seems to be rebounding slightly after a week-long dip, with an almost 5% increase in the last 24 hours and a present market price of … Read more
Lately, the crypto market has caused most cryptocurrencies to display decreasing values. Despite this, some investors remain unbothered by the market swings. However, certain parts of the crypto world have grown more anxious, and they appear to be selling off their holdings instead of holding on for potential gains. In spite of certain setbacks, some … Read more
Brad Garlinghouse, CEO of Ripple, has adjusted his previous bold forecast about the crypto industry’s future market value, recognizing now that he had underestimated its potential growth. Ripple CEO Underpredicts Crypto Market Cap In a recent interview with Fox Business, Garlinghouse discussed the expanding opportunities within the cryptocurrency market and its developments so far in … Read more
Change is blowing through Ethereum (ETH), the second largest cryptocurrency globally. The Ethereum network is abuzz with action, yet the value of ETH has dropped noticeably in the past few days, leaving investors puzzled. A ray of optimism surfaced as Tether (USDT), the well-known issuer of the globe’s most frequently used stablecoin linked to the … Read more
Starting on May 10, HashKey exchange will no longer accept deposits from cryptocurrency wallets connected to Binance or approved on their platform. Withdrawals from such wallets will be halted beginning May 17. HashKey made this announcement on April 19. A Change in Policy The Hong Kong corporation explained that they had to halt transactions for … Read more