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Number of Russians Trading Crypto Is Falling, Says Central Bank
5.12.2023
Source: prokop.photo/Adobe Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms. Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.”...
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
4.12.2023
Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin miners validated 710,579 transactions. On Sunday...
Is It Too Late to Buy Bittensor? TAO Price Rises 18% as All Eyes Turn to Meme Kombat – Next Pepe Coin?
4.12.2023
As Bitcoin price smashes $42K, the AI narrative is back in full-force, and emerging AI crypto Bittensor has seen native TAO price rise +18%, but is it too late to buy Bittensor? With TAO activity spiking following a new token listing on the Gate.Io exchange, which has seen an explosive surge...
Ethereum Technical Analysis: ETH’s Strong Averages Clash With Oscillator Signals
4.12.2023
As ethereum marks a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, ether demonstrates its continued and dynamic...
Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?
4.12.2023
Source: Pixabay A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21. Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe...
JPMorgan Report Highlights Resurgence in DeFi and NFT Sectors
1.12.2023
Source: Pixabay American banking giant JPMorgan has shed light of optimism in the decentralized finance (DeFi) and non-fungible tokens (NFT) sectors. A JPMorgan report published Thursday revealed notable revival in the DeFi and NFT activity, spurred by an improved crypto markets sentiment. Titled...
Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million
30.11.2023
In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bitcoin after lying inactive for more than ten years. Despite this flurry of activity, there were no further movements from these wallets for...
As PEPED Coin Races Up 1,500% on DEXTools, This Under-Radar Crypto Has Scooped Up $2 Million – What Does it Do?
29.11.2023
DEX market activity is fuelling seismic on-chain activity and PEPED coin is the latest DEX-launched to explode after a +1,500% skyrocket, but could this under-radar crypto be next following $2M presale? Recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
Is Pyth Network Going to Zero? PYTH Price Drops 10% Overnight as New Mining Protocol Steals the Limelight
28.11.2023
As airdrop tokens dominate market activity, Pyth Network’s decentralized oracle token $PYTH price dropped -10% overnight, leading some concerned airdrop participants asking ‘is Pyth Network going to zer0?’. This comes amid broader market interest in airdrops following...
Crypto exchange Zipmex suspends trading activity in Thailand
26.11.2023
Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand due to ensuring it is compliant with local regulations
Bitcoin Technical Analysis: Bulls Eye $38K Amid Stiff Resistance
24.11.2023
Bitcoin’s price on November 24, 2023, reflects a steady rise in value, standing at $37,903. Over the past 24 hours, BTC has fluctuated between $36,972 and $38,078, with a trading volume of $17.41 billion, signaling strong market activity to end the week. The crypto asset’s market...
Dogecoin Price Prediction as Technical Indicators Signal Increased Whale Activity – How High Could DOGE Go?
24.11.2023
The Dogecoin price has lifted by 2.5% in the past 24 hours, reaching $0.078085 on a day when the wider market is just shy of an overall 1% gain. DOGE is now down by 7.5% in a week, yet it remains up by close to 20% in the last 30 days, with the meme token […]
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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
23.11.2023
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000
US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security
23.11.2023
A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does...
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
Bittrex Global to Halt All Trading in December as it Winds Down Operations
21.11.2023
Source: ShutterStock Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users...
Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook
20.11.2023
On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading activity, totaling $15.33...
AVAX Soars Over 22% as Traditional Firms Increase Tokenization Efforts
20.11.2023
Avalanche (AVAX) has surged over 22% in the last seven data following partnerships with top financial giants to explore real-world asset tokenization. The network’s native token has recorded massive activity in recent weeks becoming one of the top gainers as the market rebounds. Data from...
Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume
19.11.2023
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap...
South Korea’s Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average
19.11.2023
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in...