Bitcoin holdings on the Coinbase crypto exchange have reached their lowest level in nine years as users move a significant amount off the exchange. According to a CryptoQuant report, whales moved 18,000 Bitcoin worth nearly $1 billion over the weekend, with transfer values ranging from $45 million to $171 million. Coinbase’s public order book now holds around […]
Coinbase Whale Exodus: Bitcoin Holdings Plunge to 2015 Lows Read More »
Analyst Ali Martinez reaffirms his prediction that Cardano (ADA) could reach $7 during the anticipated bull run, foreseeing a potential gain of 1,767% following its breakout from consolidation. Despite Cardano’s recent struggles around the $0.50 mark, experiencing a 7.16% decline over the past week to a low of $0.4875, market sentiment remains optimistic about its
Analyst Forecasts Cardano (ADA) to Surge to $7.92 As ADA 574-Day Consolidation Nears End Read More »
A Chainlink whale has recently engaged in a vigorous buying spree, utilizing multiple wallets for their LINK purchases. Insights provided by blockchain analytics firm Lookonchain suggest that this Chainlink whale could be an institutional entity with a presence on Binance. According to Lookonchain’s data, the whale has withdrawn a significant amount of LINK—2,237,504 tokens, valued
Chainlink Whale’s Aggressive Accumulation Strategy Raises Eyebrows in Crypto Community Read More »
The anticipated approval of exchange-traded funds (ETFs) for spot bitcoin (BTC) by the U.S. Securities and Exchange Commission (SEC) has the potential to set a precedent for regulatory nods across Asia. While some regions may not immediately establish ideal policies, analysts suggest that the SEC’s approval could catalyze momentum in the crypto space. Concerns among
Online pastor Eli Regalado claims he sold over $3 million worth of tokens to his community because he believed “the Lord” instructed him to give his followers a 10X return. Charged with fraud for marketing a “worthless” cryptocurrency, a Colorado-based online pastor, Eli Regalado asserts that he engaged in the activity solely because he felt
The recent Texas deep freeze has led to a substantial decline in the Bitcoin hash rate, as miners had to scale back operations to assist the state’s energy grid. YCharts data reveals a notable 34% reduction in the total Bitcoin network hash rate, dropping from over 629 exahashes per second (EH/s) on January 11 to
Crypto investing is an excellent way to stay ahead in the global financial curve and spice up your portfolio. However, inadequate knowledge of the crypto waters could be tumultuous for any investor. That being said, being well-informed before entering the crypto market could reduce the risk of losses. With the proper insight, you could make
A recent move by the Internal Revenue Service (IRS) has stirred controversy within the crypto community, as the agency now mandates reporting for transactions involving at least $10,000 in cryptocurrencies. Effective since January 1, 2024, this regulation stems from the infrastructure bill signed into law by U.S. President Joe Biden in November 2021. Under this
IRS Enacts 2024 Tax Reporting Rule for Crypto Transactions Over $10K, Prompting Debate Read More »
The cryptocurrency market is ever-evolving, and Litecoin (LTC) stands at the forefront of discussions with intriguing price predictions spanning the next decade. Here’s an overview of the anticipated LTC prices from 2023 to 2032. Litecoin Price Predictions: Current Market Snapshot: As of today, the current price of LTC stands at $71.2, accompanied by a 24-hour
Litecoin Price Outlook: Projections and Analysis for 2023-2032 Read More »
Avalanche defied the recent downturn in the cryptocurrency market by recording an impressive 79% weekly gain, while other major tokens experienced declines. Analysts attribute this outperformance to Avalanche’s perceived undervaluation, coupled with new partnerships formed with JPMorgan and Citi. Despite Bitcoin (BTC) dropping to $41,558 and Ether (ETH) to $2,226, both experiencing a 6% decline
Analysts Note Avalanche’s 79% Weekly Surge Following Previous Undervaluation Read More »
