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Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
29.5.2024
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices...
Russian Central Bank Flags Sharp Rise in Crypto-related Activity
27.5.2024
The Russian Central Bank says it has noticed a rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms.
The post Russian Central Bank Flags Sharp Rise in Crypto-related Activity appeared first on Cryptonews
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
26.5.2024
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said...
Blockchain Data: Bitcoin Whale Activity Surging, Confidence in Bull Market Returning
25.5.2024
Bitcoin whales have shown an increased appetite for accumulating more coins, signaling a return of confidence in the bull market, as per blockchain data.
The post Blockchain Data: Bitcoin Whale Activity Surging, Confidence in Bull Market Returning appeared first on Cryptonews
Solana eyes 2025 for Firedancer rollout as DePIN activity surges
24.5.2024
With DePIN activity surging, Solana targets Firedancer upgrade to enhance network performance and accommodate growth
Bonk Price Prediction as Daily Volume Hits $900 Million – Are Whales Buying
24.5.2024
BONK price prediction as it experiences $900M in 24-hour volume signalling potential whale activity as the price retraces.
The post Bonk Price Prediction as Daily Volume Hits $900 Million – Are Whales Buying appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
Shiba Inu Price Prediction as SHIB Spikes Up 6% as Attention Returns to Meme Coins – Time to Buy?
21.5.2024
Shiba Inu price prediction rises as SHIB sees a 6% surge while "Roaring Kitty," known for the 2021 GameStop frenzy, returns, sparking meme coin activity.
The post Shiba Inu Price Prediction as SHIB Spikes Up 6% as Attention Returns to Meme Coins – Time to Buy? appeared first on Cryptonews
Insider trading claims over MAGA token sell-off debunked as MEV bot activity
21.5.2024
An insider sold MAGA tokens worth over $1 million, sparking debate over market manipulation and revealing potential MEV bot activity
XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs
20.5.2024
The XRP Ledger (XRPL) has experienced an increase in transaction activity, with the number of transactions more than doubling from the fourth quarter of 2023 to the end of the first quarter of 2024.
The post XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs...
Cardano surges on whale accumulation and increased network activity
20.5.2024
Cardano’s (ADA) network is gaining traction. Major participants have increased their ADA holdings and now control 6.71% of the total offerings. IntoTheBlock, a market analytics portal, said that Cardano whales—those with 100 million to 1 billion ADA—have added 11% more ADA in the past...
Bitcoin Price Prediction as $17 Billion Trading Volume Comes In – Are Chinese Whales Buying?
19.5.2024
Bitcoin is trading at $67,330.50 with a market cap of $1.33 trillion, driving speculation of Chinese whale activity amid a $17 billion trading volume.
The post Bitcoin Price Prediction as $17 Billion Trading Volume Comes In – Are Chinese Whales Buying? appeared first on Cryptonews
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
18.5.2024
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes...
Is It Too Late to Buy Fantom? FTM Price Blasts Up 10% as New AI Project Raises $2 Million
17.5.2024
Fantom ($FTM) has outperformed all other Layer 1 tokens this week and risen 10% amidst a flurry of recent activity on the network, with FTM trading at $0.80 at the time of writing.c Crypto’s two biggest coins, also Layer 1 coins, couldn’t keep the pace over the seven days. Bitcoin...
Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates
15.5.2024
In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month.
The...
Tether Takes Action: $5.2M in USDT Frozen Due to Phishing Links
14.5.2024
Tether is still keeping an eye out for illegal activity taking place on its blockchain. Tether detected and blocked USDT worth $5.2 million on May 14 as part of its efforts to impose stringent network controls and stop money laundering.
The post Tether Takes Action: $5.2M in USDT Frozen Due...
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
14.5.2024
Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more bitcoin in the past two weeks than during the whole...
Linea’s LXP Mint delayed due to Sybil activity surge
13.5.2024
The release of Linea Voyage XP (LXP) tokens of Consensys’ approach to increasing the capacity of the Ethereum Virtual Machine, Linea, has slowed down, stemming from an increase in Sybil activity. This is the act of people setting up several accounts to acquire benefits undeservingly. As a result...
Runes protocol sees significant decline in activity
12.5.2024
Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last twelve days, signaling a notable decline
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
10.5.2024
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow