CryptoGlobe Writer

News Reporter

Articles by Author

Solana and XRP ETPs Could Draw in Billions: JPMorgan

The launch of spot Solana (SOL) and XRP exchange-traded products could eclipse the performance of established exchange-traded funds (ETFs) offering exposure to bitcoin and ether in their first few months of trading, according to a recent JPMorgan report. The report, as reported by Cointelegraph, highlights the volatile nature of investor interest in altcoins, noting that […]

Ethereum Price Could Surge Toward $6,000 as it Follows Key Technical Pattern

The price of the second-largest cryptocurrency by market capitalization, Ethereum’s ether, could soon surge toward the $6,000 mark as it’s currently following a key technical pattern. According to popular cryptocurrency analyst Ali Martinez, ether is following as ascending parallel channel, which could mean that a dip to the $2,800 mark would lead to a massive […]

How China’s Currency Could Impact Bitcoin in the Near Term, Says Bitwise Exec

The exchange rate between the Offshore Chinese Yuan (CNH) and the U.S. Dollar has become a focal point for global macro traders as it approaches a critical threshold of 7.368. On Jan. 7, 2025, André Dragosch, European Head of Research at Bitwise Asset Management, explained on the social media platform X why this matters — […]

Crypto Whale Turns $2 Million Into $2 Million with AI-Powered Token

A cryptocurrency whale has managed to turn an investment of around $2 million into more than $21 million by betting on a popular cryptocurrency linked to an artificial intelligence agent in a matter of months. According to data from on-chain analysis service Lookonchain, the trader bought 10.6 million tokens of the decentralized artificial intelligence (AI) […]

Cryptocurrency Trader Strikes Gold, Turning $10,500 into $1.26 Million in Minutes

While many in the cryptocurrency space adopt a “buy and hold” strategy, there are various active traders pursuing increasingly risky strategies in a bid to turn their balances into millions. One trader recently struck gold, managing to snipe the launch of a cryptocurrency to make over $1.25 million in just eight minutes. According to data […]

Ripple Exec Highlights Key Crypto Trends for the Middle East and Africa in 2025

Reece Merrick, Ripple’s Managing Director for the Middle East and Africa (MEA), took to the social media platform X earlier today to reflect on a transformative year for cryptocurrency while outlining Ripple’s vision for the future of digital assets in the region. Merrick emphasized the UAE’s pioneering role in shaping the global digital finance ecosystem, […]

XRP Exhibits Bullish Technical Pattern as Bollinger Bands Tighten, Analyst Predicts Surge to $11

While the price of the native token of the XRP Ledger has dropped by more than 3% over the past week, a prominent cryptocurrency analyst has recently suggested its prospects for 2025 are extremely bullish. In a series of posts shared with his over 100,000 followers on the microblogging platform X, analyst Ali Martinez shared […]

‘Bitcoin Is Less Decentralized Than Ethereum’: Anthony Sassano Explains Why

Anthony Sassano, a prominent Ethereum advocate and educator, shared his views on Dec. 30, 2024, regarding why he believes Bitcoin is less decentralized than Ethereum. In his post on social media platform X, Sassano detailed several points comparing the two blockchain networks. Sassano began by stating that Bitcoin’s reliance on Bitcoin Core—the dominant implementation of […]

Massive Stablecoin Deposits on Binance Signal Bullish Sentiment Among Whales

Cryptocurrency markets are currently seeing an “encouraging trend of whales moving stablecoins to exchanges,” with data showing that at least seven different deposits  entered leading cryptocurrency exchange Binance in the last 24-hour period. According to data from on-chain analytics firm Santiment, at least one of these deposits was worth $50 million, equivalent to 2.33% of […]

Institutional Investors Flock to BlackRock’s Ethereum ETF, Accumulating Over $3.5 Billion in ETH

The spot ether exchange-traded fund (ETF) launched by the world’s largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock’s website and the Ethereum blockchain — first spotted by Arkham Intelligence — the iShares Ethereum Trust ETF (ETHA)  fund now holds 1.065 […]

Binance Bitcoin Reserves Plummet, Signaling Potential 90% BTC Price Surge

Bitcoin reserves held on leading cryptocurrency exchange Binance have dwindled to levels that hadn’t been seen since January of this year, raising prospects of a potential 90% BTC price rise as witnessed earlier this year, when reserves dropped to these levels. According to analysis published by CryptoQuant contributor Darkfrost, Binance’s bitcoin reserves have fallen to […]

Altcoin Surge Imminent? Key Technical Indicator Flashes Buy Signals for XRP, SOL, MKR, and WLD

Several altcoins including the native token of the XRP Ledger, Solana’s native token SOL, Maker’s governance token MKR, and Worldcoin’s WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these. According to data shared by on-chain analyst Ali Martinez, the TD Sequential indicator has just formed […]

Crypto Trader Turns $10,000 into $5 in Seconds Over Failed Token Swap

While various cryptocurrency traders and non-fungible token (NFT) enthusiasts have recently benefitted from the massive Pudgy Penguins airdrop, one crypto trader saw massive losses during a failed token swap associated with low liquidity. The trader attempted to capitalize on the cryptocurrency’s airdrop and moved 45 wrapped Solana (WSOL) tokens worth around $10,300 on the Jupiter […]

BlackRock’s Ethereum ETF Surpasses 1 Million ETH Holdings

The spot Ethereum exchange-traded fund (ETF) launched by the world’s largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock’s website, the iShares Ethereum Trust ETF (ETHA) the fund now holds 1.025 million ETH worth a market value of over $4 […]
XRP

Technical Pattern Suggests XRP’s Price Will Surge to $4

A popular cryptocurrency analyst has posited that the native token of the XRP Ledger could see a dramatic price surge to a new all-time high of $4 over a key technical pattern that suggests a breakout could be coming after a brief correction. In a post shared on X, popular cryptocurrency analyst Ali Martinez noted […]

Little-Watched Indicator Suggests DOGE and XRP Are Poised for Price Surge

A little-watched indicator is flashing a bullish signal for two major cryptocurrencies, leading meme-inspired token Dogecoin (DOGE) and the native token of the XRP Ledger, suggesting they may be poised for a price surge in the near future. The metric Mean Dollar Invested Age, tracked by on-chain analytics firm Santiment, measures the average age of […]

Key Technical Indicator Suggests Solana (SOL) Could Surge to $4,000

A key technical indicator seemingly suggests that the price of Solana, the fifth-largest cryptocurrency by market capitalization, could see an exponential rise otherwise the $4,000 mark in the future. According to popular cryptocurrency analyst Ali Martinez, based on a cup and handle pattern the price of Solana could move to the $4,000 mark in the […]

Buddhist Kingdom Bhutan Transfers $40 Million in Bitcoin to Crypto Firm QCP Capital

The Royal Government of Bhutan has transferred 406.074 Bitcoin, worth around $40 million, to prominent cryptocurrency investment firm QCP Capital in a move that is believed to be leading to the sale of these funds. The transaction was first spotted by Onchain Lens, and according to Arkham Intelligence’s data, Bhutan’s sovereign holding company Druk Holdings is […]
XRP

Whale Transactions on Coinbase Fueling XRP’s Price Surge, Data Suggests

The price of XRP has surged by more than 370% over the past month from around $0.50 to now stand at $2.4, and the rise was seemingly fueled by whales using Nasdaq-listed cryptocurrency exchange Coinbase. According to CryptoQuant co-founder Ki Young Ju,, over the last 30 days minute-level price premiums on Coinbase for XRP ranged […]

Bitcoin Whale Resurfaces After 11 Years After Its BTC’s Value Rose Over 15,000%

A Bitcoin whale that had been inactive for 11 years has resurfaced with a transaction of around $257 million in BTC after seeing the price of their holdings surge by over 15,300% since their last action. According to data shared by on-chain analysis service Lookonchain, the long-dormant Bitcoin whale received 2,700 BTC back in December […]

Bluntz Capital Sees Big Potential in Dogecoin, Calls for ‘Violent’ Price Surge

A prominent cryptocurrency analyst who has gained a large following on social media after accurately calling Bitcoin’s 2018 bear market bottom above $3.000 has recently revealed he believes the price of the meme-inspired Dogecoin ($DOGE) could soon see a significant breakout. In a post shared on the microblogging platform X (formerly known as Twitter) with […]

Bitcoin Holders Cash In: $2.02 Billion in Daily Profits as Price Nears $100,000 Milestone

Long-term Bitcoin holders have realized $2.02 billion in daily profits, an unprecedented figure that highlights the intensity of profit-taking activity as the price of Bitcoin neared the $100,000 mark earlier this month. According to a Glassnode report, the figures surpasses a previous record seen back in March of this year and a “robust demand side […]

Trader Turns $160 into $6.14M with Meme-Inspired Cryptocurrency on Solana

A cryptocurrency trader has managed to turn just $160 into a $6.14 million fortune after securing a 38,399x return on a meme-inspired cryptocurrency on the Solana blockchain, having invested less than 1 SOL into it. According to data from on-chain analytics firm Lookonchain, the cryptocurrency trader spent 0.75 SOL to buy 12.5 million $CHILLGUY tokens […]

Are the Minutes of the Fed’s November 2024 FOMC Meeting Quietly Warning of a Potential U.S. Labor Market Collapse?

On Tuesday, the Federal Reserve released the minutes from its Federal Open Market Committee (FOMC) meeting held on November 6–7, 2024. These minutes offer a detailed glimpse into the discussions that shaped their monetary policy decisions. While the headlines highlight a cautious stance, Kevin Paffrath has raised serious concerns, suggesting that the Fed may be […]

Barclays Warns of Cryptocurrency ‘Bubble’ as Market Hits $3.2 Trillion

Barclays analysts have issued a cautionary note regarding the current state of the cryptocurrency market, suggesting signs of a potential “bubble” after cryptocurrency prices surged to the point the space’s total market capitalization is now at $3.2 trillion. The initial surge in cryptocurrency prices, particularly Bitcoin which moved to a near $100,000 all-time high before […]

Alpha DEX Introduces Innovative Trading Features for Meme Coin Enthusiasts

Moscow, Russia, November 25th, 2024, Chainwire Alpha DEX aims to provide an efficient and user-friendly platform for meme coin trading. Alpha DEX Introduces Innovative Trading Features for Meme Coin Enthusiasts. Built as a full-fledged DEX trading app inside Telegram, Alpha DEX provides a seamless experience for trading meme coins across major blockchains like Solana, Ethereum, Base, […]

Cardano ($ADA) Price Hovers Around $1 After Surging Over 200% in a Month

The price of the native token of the smart contract platform Cardano ($ADA) has been hovering around the $1 mark amid a wider cryptocurrency market surge that has seen th price of the flagship cryptocurrency Bitcoin near $100,000 before a correction saw it drop to $95,000 at the time of writing. If Cardano were to […]

WSJ: Trump’s Commerce Secretary Pick Leads Firm That Allegedly Struck $600M Tether Deal

According to a Wall Street Journal (WSJ) investigation, Howard Lutnick, Trump’s nominee for Commerce Secretary and current presidential transition adviser, maintains significant business connections with cryptocurrency giant Tether through his firm Cantor Fitzgerald. The Journal reported on Saturday that Cantor Fitzgerald, where Lutnick serves as chairman, holds the majority of Tether’s $134 billion in assets, […]

Cardano ($ADA) Surges Over 40% in a Week as Whale Transactions Hit New Highs

The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 43% over the past week and over 140% in the last 12-month period amid a wider cryptocurrency market rally. ADA’s surge was notably accompanied by a rise in whale transactions.  The cryptocurrency, as CoinDesk reported, has recently briefly […]

Whales Fuel $ADA Rally: Cardano’s Market Cap Surpasses $28 Billion as Large Transactions Surge

The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 41% over the past week to now trade at around $0.8 per token, giving it a total market capitalization above the $28 billion mark. According to popular cryptocurrency analyst Ali Martinez, the price rise came amid an increase […]

$462 to $1 Million in Three Hours: A Crypto Trader’s Windfall

A fortunate cryptocurrency trader has managed to turn around $462 worth of the native token of Solana, SOL, into nearly $1 million in just three hours, to secure a 2,141x return on a cryptocurrency that was newly launched. According to data shared by on-chain analytics firm Lookonchain, the trader made $988,000 with their 2 SOL […]

Crypto Comeback: Community Turns Trader’s Dumped Token into a $4M Missed Opportunity

The cryptocurrency community has turned around a young cryptocurrency trader’s rug pull by taking over the project and helping its market capitalization soar to over $80 million after they dumped their tokens on the market. The young cryptocurrency trader created a token called Gen Z Quant, which trades unther the ticker $QUANT, on the Pump.fun […]

Key Technical Indicator Signals Potential Rise for Meme-Inspired Token Dogwifhat ($WIF)

The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keep on rising in the near future after seeing a surge of more than 20% over the past week, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery. According to a chart shared by popular cryptocurrency analyst Ali Martinez […]

Bitcoin Whales Accumulate Amidst Record Price Highs and Wall Street’s Growing ETF Interest

Bitcoin’s largest holders, colloquially known as “whales,” haven’t seemingly taken advantage of the cryptocurrency’s massive price rise so far this year, and instead are still accumulating BTC at current price levels. According to data from on-chain analysis firm IntoTheBlock, net outflows among the biggest Bitcoin wallets have remained exceptionally low throughout the year as these […]

Cryptocurrency Investment Products See Record $33.5 Billion Year-to-Date Inflows

Cryptocurrency investment products saw a record $33.5 billion inflows so far this year after seeing more than $2.2 billion coming in over the past week amid a cryptocurrency market rally that helped the price of Bitcoin hit a new all-time high above $93,000. According to CoinShares’ latest Digital Asset Fund Flows report, the total assets […]

Binance Sees Persistent Bitcoin Outflows as Price Holds Near $90,000, Signal of Long-Term Bullish Sentiment

On-chain data shows that there have been persistent outflows from leading cryptocurrency exchange Binance, even as the price of Bitcoin hovers around the $90,000 mark, down from a new all-time high above $93,000. As highlighted by a recent CryptoQuant Quicktake post, Binance’s Exchange Netflow has consistently registered negative values over the past few weeks. The […]

Pepe Memecoin ($PEPE) Soars Over 100% Following Coinbase Listing

The price of the frog-themed memecoin Pepe ($PEPE) has surged by more than 100% over the last 24-hour period after the token was listed on the popular cryptocurrency exchange Coinbase. According to market data, PEPE is currently up by more than 103% over the past 24 hours after seeing an explosive surge from the recent […]

Trump Nominates a Bitcoin Advocate and Military Veteran as U.S. Defense Secretary

President-elect Donald Trump has nominated Pete Hegseth, a seasoned military officer, Harvard-educated policy expert, and cryptocurrency enthusiast, as his Secretary of Defense. The announcement came via a Trump-Vance transition statement on Tuesday, marking a significant shift in potential defense leadership. Hegseth, 44, brings a diverse background spanning military service, veterans’ advocacy, and media influence. A […]

Whale Alert: Massive 200 Million DOGE Transaction Worth $45.7 Million Withdrawn from Robinhood

A massive Dogecoin (DOGE) transactions has caught the eye of the cryptocurrency community, as a massive 200 million tokens worth over $45.7 million were withdrawn from major cryptocurrency trading platform Robinhood Crypto. The transaction, first flagged by whale monitoring service Whale Alert, shows that the funds went to a previously untagged wallet, deemed an “unknown […]

$DOGE Sees Nearly 75,000 New Wallets in One Week, Fueling 140% Price Surge

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price surge more than 140% over the past week to trade above the $0.4 mark amid a wider cryptocurrency market rally. The price rise, according to on-chain analytics firm Santiment, came with a growing number of users on the cryptocurrency’s network, with 74,885 new wallets holding less […]

Ripple’s Upcoming XRPL-Powered Stablecoin RLUSD Gains Momentum with Early Customer Interest

Ripple’s President Monica Long has announced that the company’s forthcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments ahead of its official launch. Speaking at the Singapore Fintech Festival in an interview with CNBC, Long highlighted the burgeoning market for stablecoins, emphasizing their potential to revolutionize the payments industry. Long told […]

$DOGE Defies Gravity: Meme Coin Jumps 140%, Analyst Predicts Price Could Skyrocket to $23

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price skyrocket amid a wider cryptocurrency market rally, and is now trading above the $0.40 mark after rising more than 140% in the last seven days. To a popular cryptocurrency analyst, however, DOGE’s price rise may only be the beginning of a larger upward movement that could […]

Massive Stablecoin Inflows to Binance and Coinbase Hint at Bullish Market Rally After Trump Victory

Two leading cryptocurrency exchanges, Binance and Coinbase, saw a whopping $9.3 billion worth of stablecoin inflows on the Ethereum network after Republican candidate Donald Trump won the U.S. presidential election. According to analysis from on-chain analytics firm CryptoQuant, out of the $9.3 billion worth of ERC-20 stablecoins deposited not these exchanges, $4.3 billion flowed to […]

Bybit and Aptos Launch Airdrop Ahead of Massive APT Token Unlock

The second-largest cryptocurrency exchange by trading volume Bybit, has partnered with Aptos, a high-performance Layer-1 blockchain, to launch an exclusive airdrop for Web3 creators and enthusiasts. The airdrop, hosted on Bybit’s Airdrop Arcade, offers 18,000 APT tokens up for grabs in an initiative that aligns with Bybit’s commitment to fostering innovation and empowering the Web3 […]

Bitcoin Transfers Worth $2.19 Billion Linked to Mt. Gox Raise Market Jitters

Wallets associated with the now-defunct cryptocurrency exchange Mt. Gox have nived around $2.19 billion worth of the flagship cryptocurrency in a move that could bring relief to more of its thousands of creditors. According to on-chain cryptocurrency analysis firm Spot On Chain, Mt. Gox moved 31,371 BTC worth around $2.19 billion to three new cryptocurrency […]

Polymarket Reportedly Paid US Content Creators for Election Content Ahead of Trump v. Harris Showdown

Popular predictions market Polymarket has reportedly been paying social media influencers based in the United States to promote election-related content ahead of the upcoming 2024 US Presidential elections. According to a Bloomberg report, in September Polymarket’s senior director of Growth Armand Saramout created a sponsorship deal with US influencers, and over the past few weeks […]

Tether Reports $2.4 Billion Q3 Profits on Treasuries and Gold Gains, Sees Global USDT Growth

Tether Holdings Limited (BVI), the issuer of the stablecoin USDT, has announced strong Q3 2024 financial results, driven by a combination of investment gains and rising demand for its digital dollar. Tether CEO Paolo Ardoino shared details of the quarter on the social media platform X on October 31, emphasizing the company’s diverse revenue sources, […]

Bitcoin Sees Growing Institutional Demand Amid Surge Past $70,000 Mark: Analyst

The price of the flagship cryptocurrency Bitcoin ($BTC) topped the $73,000 mark over this week and nearly hit its previous all-time high before enduring a significant correction, seemingly as institutional demand for BTC in custodial wallets has kept on rising. According to data shared by the CEO of on-chain analytics firm CryptoQuant, over the past […]

Solana’s TVL Surges Amid $2.36 Billion Inflows from Ethereum, but ETH Recovers Nearly Half

High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana’s inflows. According to data from Artemis Labs shared by DeFi Report […]

Crypto Whales Amass Over 200,000 SOL as Solana Eyes Breakthrough to Top 4 Cryptos

As the price of the native token of smart contract platform Solana, SOL, keeps on rising, various cryptocurrency whales have started amassing it, with whales adding over 200,000 SOL worth around $35 million to their wallets. According to data shared by on-chain analysis service Lookonchain, three different cryptocurrency whales added over $35 million worth of […]

Coinbase Revenue Set to Double in Q3, But Retail Traders Still Reluctant to Re-engage

A projected surge in revenue for the third quarter may not be enough to buoy Coinbase, as investor wariness lingers around the cryptocurrency exchange giant over retail trader wariness of the cryptospace. The company, according to a Bloomberg report, is expected to see revenue double for the second consecutive quarter and return to profitability when […]

Nasdaq Hits New Record High as Middle East Tensions Ease and Tech Stock Optimism Grows

The Nasdaq Composite hit a fresh record high on 29 October 2024, buoyed by optimism around major tech earnings and an easing of tensions in the Middle East. The tech-centric Nasdaq gained 0.7%, crossing the 18,700 mark, with the S&P 500 up 0.2%. Meanwhile, the Dow Jones Industrial Average lagged, dipping by 75 points or […]

Ethereum Supply on Exchanges Falls by $750 Million—Implications for ETH’s Price Outlook

The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms. According to on-chain data from on-chain analysis firm CryptoQuant shared by popular cryptocurrency analyst Ali Martinez, 300,000 ETH tokens worth approximately $750 million were withdrawn […]

Investor Turns $3,500 in SOL Into $3.2 Million with Bold Bet on AI Trading Token

A cryptocurrency investor has managed to turn 20 Solana (SOL) worth around $3,500 into over $3.2 million in just two days by betting on a token linked to a decentralized artificial intelligence (AI) trading fund ai16z. The fund functions as an “AI investment DAO” (decentralized autonomous organizations), whose primary goal is to leverage AI agents […]

Wall Street Journal Alleges Tether Faces Federal Scrutiny; Tether CEO Dismisses Claims as ‘Old Noise’

U.S. authorities are scrutinizing Tether for potential breaches of anti-money-laundering laws and sanctions, according to sources cited by The Wall Street Journal (WSJ) in a report written by Angus Berwick, Vivian Salama, and Ben Foldy and published earlier today. The WSJ says that sources familiar with the matter told them the probe, which is apparently […]

Massive Ethereum ICO Participant Cashes Out 3,000 ETH, Still Holds $93.8 Million in Crypto

A massive Ethereum initial coin offering (ICO) participant that received an astounding 254,908 ETH during the cryptocurrency’s launch for a total cost of $79,000, has recently sold 3,000 ETH worth around $7.64 million. The massive Ethereum whale’s total ICO investment exploded from $79,000 into over $645 million, and the whale has over time kept on […]

$454,000 Loss: Trader’s High-Stakes Memecoin Bet Ends in Disaster

A cryptocurrency trader’s high-stakes gamble on a newly minted meme coin, ANT, has ended in a spectacular failure, with the investor losing around $454,000 in less than an hour as a result of their massive bet. The investor spent 3,396 Solana (SOL) worth $587,000 to buy 14.7 million ANT tokens in a single transactions, but […]

Bitcoin Whale Entities Surge to Highest Level Since 2021 as Accumulation Intensifies

The total number of Bitcoin (BTC) whale entities has recently hit its highest level since January 2021, with data from on-chain analytics firm Glassnode showing there are 1,678 BTC whales. The data suggests that large cryptocurrency investors have been accumulating, to the point that those who have over 1,000 BTC in their wallets, equivalent to […]

Consensys Urges Clear Crypto Regulations in Open Letter to Future U.S. President

On October 23, Consensys, a leading company in the blockchain and Web3 industry, made a strong appeal for clearer digital asset regulations in the United States. This comes amid its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC), which Consensys accuses of regulatory overreach that hampers innovation. Clarissa Watson, the firm’s Editorial Lead, […]

Massive DOGE Rally Incoming? Analyst Forecasts Parabolic 5,220% Surge

A popular cryptocurrency analyst has recently suggested that the price of the meme-inspired cryptocurrency Dogecoin ($DOGE) could see a massive price increase in the near future, based on historical data. The pseudonymous analyst going by Zer0 on the microblogging platform X (formerly known as Twitter) noted that DOGE looks “ready” to see a 5,220% price […]

Most Read