Articles by Author
Volatility Ahead? Massive $18 Billion Cryptocurrency Options Expiry Looms Over Crypto Market
- Francisco Memoria
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- 27 Dec 2024
A total of $14.17 billion worth of bitcoin options are set to expire today, December 27, 2024, while an additional $3.74 billion worth of Ethereum’s ether options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $18 billion, the expiry of these contracts, representing 150,000 […]
Why is XRP Down Today?
- Francisco Memoria
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- 26 Dec 2024
The price of the native token of the XRP Ledger is down by more than 4.2% over the last 24-hour period to now trade at $2.174. The cryptocurrency is down more than 20% from its monthly high of $2.85. The cryptocurrency is nevertheless up more than 320% since Nov. 5, when Republican presidential candidate Donald […]
Spot Bitcoin ETFs Suffer $1.5 Billion Outflows in Four Days
- Francisco Memoria
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- 26 Dec 2024
The spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) earlier this year have registered more than $1.5 billion in outflows over the last four days, with data showing these funds’ largest-ever outflow occurred on Dec. 19 as $671.9 million were moved out. According to data from Farside Investors, spot […]
XRP Wallets Have Been Seeing ‘Parabolic’ Growth Since Mid-October, Data Shows
- Francisco Memoria
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- 24 Dec 2024
On-chain data reveals that there has been a “parabolic” rise in the number of wallets holding onto the native token of the XRP Ledger, XRP, as the value of the cryptocurrency rose more than 310% after Republican presidential candidate Donald Trump won the U.S. elections. According to data from on-chain analytics firm Sentiment, which used […]
Why is XRP up Today?
- Francisco Memoria
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- 24 Dec 2024
The price of the native token of the XRP Ledger has risen little over 1% over the last 24-hour period as the cryptocurrency market capitalization remained largely unchanged during the same period as investors bet on XRP. The cryptocurrency’s price is likely to be rising after an abrupt sell-off from its high near $2.875 seen […]
MicroStrategy Continues Bitcoin Buying Spree, Adds $561 Million Worth of BTC
- Francisco Memoria
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- 23 Dec 2024
Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total. In a post on the microblogging platform X, the company’s co-founder and chairman, Michael Saylor, revealed that the firm has achieved a […]
Why is the Crypto Market Down Today?
- Francisco Memoria
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- 23 Dec 2024
The total market capitalization of the cryptocurrency market has dropped by around $42 billion over the last 24-hour period as the prices of major cryptocurrencies, including bitcoin, Ethereum’s ether, and XRP, see drops between 1% and 2.7%. Despite the drop, BTC is now trading at $96,000 after rising more than 2.6% from the December low […]
Bitcoin Whales Scoop Up $1 Billion Worth of BTC During Dip
- Francisco Memoria
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- 21 Dec 2024
The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite still being down more than 6.8% […]
Why is DOGE Down Today?
- Francisco Memoria
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- 20 Dec 2024
The price of the meme-inspired cryptocurrency Dogecoin is down nearly 7% over the last 24-hour period to now stand at $0.31 per DOGE, down from around $0.40 a week ago amid a wider cryptocurrency market downturn. According to CryptoCompare data, DOGE has lost around 24% of its value over the past week and is underperforming […]
Why is Crypto Down Today?
- Francisco Memoria
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- 20 Dec 2024
The cryptocurrency market is down by over $200 billion in the last 24-hour period and by around $600 billion in the past week amid a significant downtrend that has been caused by several factors, including the Federal Reserve cutting interest rates by 25 basis points and its Chair Jerome Powell suggesting fewer cuts are coming […]
Why is Cardano (ADA) Down Today?
- Francisco Memoria
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- 19 Dec 2024
The cryptocurrency market has endured a significant downturn that wiped around $300 billion from its total market capitalization amid a wider sell-off in risk assets after the Federal Reserve cut interest rates by 25 basis points and signaled a more hawkish stance. The Federal Reserve’s Chair, Jerome Powell, pointed to a potential easing of interest […]
Why is XRP Down Today?
- Francisco Memoria
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- 19 Dec 2024
The Federal Reserve has cut interest rates by 25 basis points yesterday in a widely expected move, yet markets crashed after its Chair Jerome Powell suggested a potential easing of the interest rate-cutting cycle next year. Powell’s comments led to a wide sell-off in risk assets across both the cryptocurrency market and traditional finance. The […]
Cardano Whales Capitalize on ADA Price Dip to Scoop Up $160 Million in Tokens
- Francisco Memoria
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- 18 Dec 2024
Whales on the Cardano ecosystem took advantage of the recent cryptocurrency market dip to keep accumulating, after realizing some of their gains when the price surpassed the $1.15 mark earlier this month. According to data shared by popular cryptocurrency analyst Ali Martinez, when Cardano traded between $1.15 and $1.33, Cardano whales sold their tokens to […]
Why is XRP Down Today?
- Francisco Memoria
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- 18 Dec 2024
The cryptocurrency market has been on a significant uptrend over the past month, adding in around $600 billion to its total market capitalization over the period amid a bull run that helped Bitcoin top the $100,000 mark for the first time ever. XRP was a major beneficiary of the recent cryptocurrency rally, surging more than […]
Crypto Trader Makes Over $8 Million in 20 Minutes from Pudgy Penguins’ PENGU Airdrop
- Francisco Memoria
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- 17 Dec 2024
A cryptocurrency trader has managed to make around $8.36 million with the recent airdrop of the native token of the popular non-fungible token (NFT) project Pudgy Penguins, all in less than 20 minutes. According to on-chain data analysis service Lookonchain, the trader spent 23,742 SOL to buy 239.6 million PENGU tokens as soon as they […]
Bitcoin Whales Accumulate Over $7 Billion in BTC Over 48 Hours
- Francisco Memoria
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- 17 Dec 2024
The price of the flagship cryptocurrency, Bitcoin, has surged by more than 17% over the past month to now stand around $106,000 after hitting a new all-time high above $108,200 earlier today. The cryptocurrency’s price performance has drawn in a flurry of large-scale acquisitions. According to data shared by popular cryptocurrency analyst Ali Martinez, over […]
Why is the Price of XRP Up Today?
- Francisco Memoria
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- 17 Dec 2024
Renewed bullish fervor in the cryptocurrency market has led to new upward movement for most major digital assets, with bitcoin registering a new all-time high below $108,000 and ether managing to remain above $4,000. XRP, now the third-largest digital asset by market capitalization, has however outperformed and is up nearly 14% today. The performance of […]
Crypto Investment Products Surge Past $44 Billion in Assets as Bitcoin, Ethereum, and XRP Funds Attract Massive Inflows
- Francisco Memoria
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- 16 Dec 2024
Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds. According to CoinShares’ Digital Asset Fund Flows report, Ethereum-focused investment […]
Why is the Price of XRP Down Today?
- Francisco Memoria
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- 13 Dec 2024
The price of XRP is down by more than 4% over the last 24-hour period to now trade at $2.3, down from a high of around $2.4, with the drop seeing the cryptocurrency’s market capitalization drop to around $132 billion at the time of writing. While the rice of XRP is down over the last […]
$11.5 Trillion Asset Manager BlackRock Advocates for 1-2% Bitcoin Allocation in Traditional 60/40 Portfolio
- Francisco Memoria
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- 12 Dec 2024
The world’s largest asset manager, BlackRock, with $11.5 trillion in total assets under management, has unveiled a new report from the BlackRock Investment Institute advocating for a 1% to 2% allocation in Bitcoin on the traditional 60/40 portfolio, composed of a larger portion of equities than bonds. According to a report from Forbes, BlackRock’s analyst […]
SUI Price Hits New All-Time High Total Value Locked Grows, Backpack Joins Forces with Sui Network
- Francisco Memoria
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- 12 Dec 2024
The price of the native token of the Layer-1 blockchain Sui (SUI) has soared by more than 23.8% in the last 24-hour period to now stand at $4.69, after hitting a new all-time high around $4.9 following an announcement on the integration of Backpack with the Sui network. The announcement details that Backpack, a leading […]
Why is Cardano (ADA) Up Today?
- Francisco Memoria
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- 12 Dec 2024
The price of the native token of the Cardano ecosystem, ADA, is up by more than 10.6% in the last 24-hour period, outperforming the wider cryptocurrency market over the same period, in which BTC and ETH rose 2.1% and 5.3% respectively. The cryptocurrency’s price has been rising shortly after the network’s Daedalus v7.0.0. upgrade of […]
Magic Eden Airdrop Frenzy: One Farmer Cashes in Over $2 Million
- Francisco Memoria
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- 11 Dec 2024
The popular non-fungible token (NFT) marketplace Magic Eden has seen the ME Foundation recently launch its ME token via an airdrop to the platform’s users. One airdrop farmer, according to blockchain data, managed to make over $2 million through it via 1,350 wallets. According to data shared by on-chain analysis platform Lookonchain, the airdrop hunter […]
MassMutual’s Strategic Bitcoin Investment Grows Fivefold to $500 Million
- Francisco Memoria
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- 11 Dec 2024
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.” The firm’s Bitcoin holdings, if it didn’t sell any BTC, are […]
XRP Whales Accumulated Heavily in Recent Price Dip, Data Shows
- Francisco Memoria
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- 11 Dec 2024
Large whales on the XRP Ledger have been heavily accumulating the network’s native cryptocurrency, with data showing that as the price of the XRP token rises, so do large whales’ holdings. According to data from on-chain analytics firm Sentiment, as first pointed out by popular cryptocurrency analyst Ali Martinez, cryptocurrency whales with between 1 million […]
Why is the Price of XRP Up Today?
- Francisco Memoria
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- 11 Dec 2024
The price of the native token of the XRP Ledger, XRP, has been outperforming the wider cryptocurrency market over the last 24-hour period, having risen by 4.7% at a time in which most digital assets are down over the same period. According to data from CryptoCompare, XRP is currently trading at $2.35 after its rise […]
Top Signal? Ethereum Foundation Sells $374,000 ETH on Decentralized Exchange
- Francisco Memoria
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- 10 Dec 2024
The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has moved 100 Ether (ETH) tokens other than decentralized exchange CowSwap. The funds were then sold for the DAI stablecoin. According to data from on-chain analysis service Lookonchain, the Ethereum Foundation has sold a total of $12.2 million so far this year […]
Crypto Analyst Predicts Dogecoin (DOGE) Could Surge to $18 if ‘Things Go Wild’
- Francisco Memoria
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- 10 Dec 2024
A prominent cryptocurrency analyst has recently suggested that the leading meme-inspired cryptocurrency could soon see a massive cryptocurrency price rise “if things go wild,” with the cryptocurrency having the potential to surge to $18. In a post shared on the microblogging platform X (formerly known as Twitter), popular crypto analyst Ali Martinez noted that we […]
Crypto Trader Turns $3,000 into $73 Million with Meme-Inspired $PEPE Token
- Francisco Memoria
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- 10 Dec 2024
A cryptocurrency trader has managed to turn around $3,000 into $73 million using the meme-inspired cryptocurrency $PEPE in a massive trade that netted them a 24,656 return over more than a year. According to data shared by on-chain analysis service Lookonchain, the trader invested around $3,000 in the meme-inspired cryptocurrency back in April 2023 to […]
Crypto Investment Funds Shatter Records with $3.85 Billion in Weekly Inflows, with ETH and XRP Standing Out
- Francisco Memoria
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- 9 Dec 2024
Cryptocurrency investment products saw their highest weekly inflows ever last week, as investors poured $3.85 billion into these funds amid a cryptocurrency market rally that saw the price of Bitcoin briefly top the $100,000 mark before correcting lower. According to CoinShares’ Digital Asset Fund Flows report, Bitcoin-focused investment products saw a $2.56 billion inflow last […]
Spot Bitcoin ETFs Attract $9.9 Billion in Inflows After Trump’s Election Victory
- Francisco Memoria
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- 9 Dec 2024
Spot Bitcoin exchange-traded funds (ETFs) have seen nearly $10 billion inflows since Republican presidential candidate Donald Trump won the US elections, as investors flocked into the cryptocurrency sector since the results were revealed. The 12 spot Bitcoin ETFs from various major asset managers, including BlackRock and Fidelity Investments, attracted $9.9 billion in net inflows following […]
Crypto Analyst Who Called 2018 Bear Market Bottom Predicts ‘Violent Upside Move’ for Dogecoin ($DOGE)
- Francisco Memoria
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- 7 Dec 2024
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 “violent upside move.” In a post shared on the microblogging platform X (formerly known as Twitter) with […]
Ethereum Reclaims $4,000 as Spot ETH ETF Inflows Top $1.3 Billion
- Francisco Memoria
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- 6 Dec 2024
The price of Ether, the cryptocurrency that powers the Ethereum blockchain, has broken past the $4,000 price level, reclaiming levels not seen since March of this year after the network saw lackluster performance and significant outflows to other networks. The release of the Dencun upgrade in March dramatically lowered fees for Ethereum layer-2 scaling networks, […]
Shiba Inu Burn Rate Surges 95% to Nearly 3 Billion SHIB Tokens Amid Crypto Market Rally
- Francisco Memoria
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- 6 Dec 2024
The meme-inspired cryptocurrency Shiba Inn ($SHIB) has seen its weekly burn rate soar by over 95% to near 3 billion SHIB tokens amid a cryptocurrency market rally that has seen the token’s value rise by 64% over the last 30 days. According to data from Shiba Inu burn rate tracker Shibburn a total of 2.98 billion SHIB […]
Cardano (ADA) Network Surpasses 100 Million Transactions Amid Rapid Growth
- Francisco Memoria
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- 6 Dec 2024
The Cardano (ADA) network has processed over 100 million transactions since launch, according to a recent update from Input Output Global (IOG), the organization responsible for Cardano’s research and development. In a series of posts on X, Input Output detailed that as of November 29, the organization was aware of 1,979 projects building on Cardano, […]
Volatility Ahead? $2.3 Billion in Bitcoin Options, $570 Million in Ethereum Options Expire Soon
- Francisco Memoria
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- 6 Dec 2024
A total of $2.3 billion worth of Bitcoin ($BTC) options are set to expire today, December 6, 2024, while an additional $570 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $2.87 billion, the expiry of these contracts, representing […]
TRON ($TRX) Surges Over 220% to New All-Time High as Large Holder Netflows Explode
- Francisco Memoria
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- 5 Dec 2024
The price of TRON’s TRX token has exploded upward this year, surging more than 220% to a new all-time high close to the $0.42 mark before enduring a slight correction that brought it back to the $0.33 level at the time of writing. TRON’s price rise is part of a wider cryptocurrency market rally that […]
Ethereum ETF Inflows Surge 4,363% in November, Reaching $1.42 Billion
- Francisco Memoria
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- 5 Dec 2024
In November, spot Ethereum exchange-traded funds (ETFs) added a total of 362,474 ETH tokens worth around $1.42 billion, an astounding 4,363% increase from the previous month in which 8,121 ETH worth around $31.8 million were added. That’s according to data shared by on-chain analysis service Lookonchain on the microblogging platform X (formerly known as Twitter), […]
Viral Influencer Hailey Welch’s Meme-Inspired Crypto Sees 90% Plunge After Alleged Insider Dump
- Francisco Memoria
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- 5 Dec 2024
Viral influencer Haliey Welch has recently launched her own meme-inspired cryptocurrency called Hawk Tuah ($HAWK) on the Solana network, but the launch was mired in controversy as it saw a quick pump before insiders seemingly dumped their holdings, leading to a correction of over 90%. According to market data, the rice of Welch’s meme-inspired cryptocurrency […]
Bitcoin Exchange Reserves Hit Lowest Level in Years Amid Whale Accumulation
- Francisco Memoria
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- 4 Dec 2024
The total amount of Bitcoin exchange reserves has dropped to its lowest level in years after massive outflows have been seen since the US presidential election in early November led to a massive cryptocurrency market rally. According to data from on-chain analytics firm CryptoQuant, over 171,000 BTC have moved off of cryptocurrency trading platforms since […]
BNB Price Surges to New All-Time High Near $800 as Open Interest Explodes
- Francisco Memoria
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- 4 Dec 2024
The price of BNB, the native token of Binance’s BNB Chain, has surged exponentially over the last 24-hour period to outperform most other major cryptocurrencies and hit a new all-time high near the $800 mark. According to data from CryptoCompare, the price of BNB surged from around $648 to over $773 at the time of […]
XRP Whale Activity Soars to Record High as Price Rockets Over 440% in a Month
- Francisco Memoria
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- 3 Dec 2024
Whale activity for the native token of the XRP Ledger, XRP, has hit a new all-time high after the token’s price exploded upward over the past month, allowing the cryptocurrency to become the third-largest digital asset by market capitalization. According to CryptoCompare data, the price of XRP is up more than 440% over the last […]
BlackRock’s iShares Bitcoin Trust ETF Now Holds $48 Billion in BTC
- Francisco Memoria
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- 3 Dec 2024
The world’s largest asset manager BlackRock has quickly become a major player in the cryptocurrency space after the U.S. Securities and Exchange Commission (SEC) approved the launch of various spot Bitcoin exchange-traded funds back in January, to the point it now holds over 500,000 BTC. According to data from the firm’s website its spot Bitcoin […]
Cardano’s Total Value Locked Surpasses $700 Million, Marking a Major Recovery
- Francisco Memoria
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- 3 Dec 2024
The total value locked (TVL) on the Cardano (ADA) ecosystem has soared past the $700 million mark as it recovers from the cryptocurrency bear market that saw it drop to a $50 million low back in November 2022. According to DeFiLlama data, there are currently $709 million locked in smart contracts on the Cardano network, […]
MicroStrategy’s Bitcoin Holdings Surpass 400,000 BTC After New $1.5 Billion Investment
- Francisco Memoria
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- 2 Dec 2024
Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 15,400 Bitcoin for $1.5 billion, at an average price of $95,976 per coin, which helped its total BTC balance surpass 402,100 coins. According to a post shared on the microblogging platform X (formerly known as Twitter) by the company’s co-founder and chairman, Michael Saylo, […]
Ethereum (ETH) Futures Open Interest Soars to Record $23 Billion as Analyst Predicts ‘Heavy Fireworks’
- Francisco Memoria
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- 29 Nov 2024
Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.” According to data from CoinGlass, there are now $23 billion […]
Bitcoin Whales Accumulated $1.5 Billion in BTC Amid Panic Selling
- Francisco Memoria
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- 29 Nov 2024
Bitcoin whales have been taking advantage of the flagship cryptocurrency’s recent price dip to keep on accumulating BTC after short-term holders moved nearly $4 billion in the cryptocurrency to exchanges. According to CryptoQuant analyst Cauê Oliveira, Bitcoin whales took advantage of the “panic selling” to accumulate, with 16,000 BTC worth nearly $1.5 billion entered whale […]
Cardano Hits 2.5-Year High in Transaction Fees After ADA Surpasses $1 Mark
- Francisco Memoria
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- 29 Nov 2024
The total maount of transaction fees paid on the smart contract platform Cardano has recently hit its highest level in two and a half years, reaching levels that hadn’t been seen since March 2022 at 279,000 ADA. According to data shared by pseudonymous cryptocurrency analyst “C_THUMBS” on the popular microblogging platform X (formerly known as […]
Shiba Inu Burn Rate Surges 24,000% Amid Wider Crypto Market Rally
- Francisco Memoria
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- 28 Nov 2024
The meme-inspired cryptocurrency Shiba Inu has seen its daily burn rate soar last month by over 24,000% to 270.7 million tokens as the price of the cryptocurrency soared around 35.1% over the last 30 days. According to data from Shiba Inu burn rate tracker Shibburn a total of 270.75 million SHIB tokens were burned over […]
Pantera Capital’s Bitcoin Fund Achieves 131,000% Lifetime Return
- Francisco Memoria
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- 28 Nov 2024
Crypto hedge fund Pantera Capital has revealed in a new post that its Patnera Bitcoin Fund’s lifetime return has recently topped 131,000% net of fees and expenses after the price of the flagship cryptocurrency Bitcoin surged to near $100,000 after the US elections. In the post, Pantera Capital’s CEO Dan Morehead shared an email forecasting […]
Ripple Invests in Bitwise’s XRP ETP as Token Price Surge
- Francisco Memoria
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- 27 Nov 2024
Popular FinTech firm Ripple is set to invest in the exchange-traded product (ETP) offered by Bitwise and offering investors exposure to the native token of the XRP Ledger, XRP, the Bitwise Physical XRP ETF, which recently rebranded from ETC Group Physical XRP. According to a recent announcement from Bitwise, the rebranding wont alter the ETP’s […]
Crypto Funds See Record $3.13 Billion Weekly Inflows, Led by Bitcoin, Solana, and XRP
- Francisco Memoria
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- 26 Nov 2024
Cryptocurrency investment products saw a record weekly inflow of $3.13 billion over the past week, bringing their total year-to-date inflows to $37 billion as the crypto market rally keeps on going. According to CoinShares’ latest Digital Asset Fund Flows weekly, Bitcoin investment products saw a total of $3.07 billion inflow over the past week, with […]
Bitcoin Nears 1 Million Daily Active Addresses as Bull Run Spurs On-Chain Surge
- Francisco Memoria
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- 26 Nov 2024
Bitcoin’s bull run this year has seen on-chain activity surge along with the flagship cryptocurrency’s price, to the point the number of daily active addresses is now nearing 1 million after its first prolonged increase in three years. According to data from on-chain analytics firm IntoTheBlock, Bitcoin’s long-term activity trend has “decisively shifted” as on-chain […]
Rumble Diversifies Treasury with $20M Bitcoin Bet, Inspired by MicroStrategy
- Francisco Memoria
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- 26 Nov 2024
Nasdaq-listed video-sharing and cloud services platform Rumble has announced it’s allocating up to $20 million of its cash reserves to Bitcoin as its board of directors approved a “corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin.” In a recent announcement, the company’s CEO Chris Pavlovski emphasized Bitcoin’s […]
Bitcoin Rally Stalling? Coinbase Premium Disappears as BTC Nears $100,000 Resistance
- Francisco Memoria
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- 23 Nov 2024
As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.” According to a post from CryptoQuant analyst “maartunn,” the index disappeared “as soon as Bitcoin tagged $98,000,” which means that spot exchange-traded funds […]
Allianz Bets Big: Germany’s Insurance Giant Acquires 24.75% of MicroStrategy’s $2.6 Billion Convertible Bonds
- Francisco Memoria
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- 22 Nov 2024
Germany’s largest insurance company Allianz has made a significant investment in MicroStrategy’s recent $2.6 billion convertible note offering, acquiring 24.75% of the bonds. Data on the investment was shared by pseudonymous analyst Petruschki, who added a screenshot from the Bloomberg Terminal on a post on the microblogging platform X (formerly known as Twitter) showing Allianz’s […]
Massive Ethereum Whale Dumps 73,356 ETH, Retains $1.1 Billion in Holdings
- Francisco Memoria
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- 22 Nov 2024
A massive Ethereum whale that accumulated nearly 400,000 ETH when the second-largest cryptocurrency by market capitalization was trading at around $6 per token has recently restarted selling. According to data shared by on-chain analysis firm Lookonchain, the whale accumulated a total of 398,889 ETH for around $2.4 million between January and March 2016, with the […]
Spot Bitcoin ETFs Cross $100 Billion Milestone Amid $30 Billion Inflows and BTC Price Surge
- Francisco Memoria
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- 21 Nov 2024
The total assets under management of the 11 spot Bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission earlier this year have crossed the $100 billion milestone after seeing nearly $30 billion inflows and amid BTC’s price rise. According to data from SoSoValue, spot Bitcoin ETFs in the US now have around […]
Bitcoin Breaks $98,000 as Stablecoin Inflows Hit All-Time Highs Near $10 Billion
- Francisco Memoria
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- 21 Nov 2024
A surge in stablecoin inflows to cryptocurrency exchanges has ignited speculation that Bitcoin could reach the coveted $100,000 milestone before the end of November. Stablecoin inflows to cryptocurrency trading platforms have recently skyrocketed to a new monthly high near the $10 billion mark, suggesting investors are allocating additional capital to the cryptocurrency space as prices […]
Colossal Shiba Inu Whale Unveiled: $2.5 Billion in SHIB Across 150 Addresses
- Francisco Memoria
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- 20 Nov 2024
A colossal Shiba Inu (SHIB) whale holdings a staggering $2.5 billion worth of the meme-inspired cryptocurrency has been discovered, with their entire holdings being spread through a network of roughly 150 addresses. The whale holds 10% of SHIB’s supply. Shiba Inu was launched in 2020 as a fair launch accessible to anyone, and around 50% […]