Based on the latest data from the on-chain indicator NUPL (Net Unrealized Profit/Loss), long-term Bitcoin holders increasingly signal greed. In previous bull runs, such behavior has preceded market tops by 8-11 months. Bitcoin could potentially hit a market peak between June and September 2025 if the trend holds. As of now, the current price of …
Despite persistent fear, uncertainty, and doubt (FUD), Binance’s customer Bitcoin (BTC) balances surged by 25% this year, according to crypto analyst Ki Young Ju. Binance now commands 40% of the global Bitcoin reserve market share among proof-of-reserves (PoR) exchanges, showcasing consistent annual growth. Ki Young Ju emphasized that losing Binance would significantly impact the global …
The Reserve Bank of India (RBI) is enhancing its cross-border payments platform to enable instant settlements by partnering with nations in Asia and the Middle East, including the UAE. Current agreements with Sri Lanka, Bhutan, and Nepal already support streamlined transactions. RBI is exploring central bank digital currencies (CBDCs) for settlement, with plans to expand …
On November 23, 2024, Wrapped Bitcoin (WBTC) experienced a sudden flash crash on Binance, briefly plunging to $5,200 due to an electronic trading error. The crash was isolated to Binance and did not affect WBTC’s price on other exchanges. Trading quickly stabilized, with WBTC rebounding to its normal levels near $97K. This incident follows Coinbase’s …
As per the latest Bloomberg report, Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral. While the firm will start lending against Bitcoin with $2 billion, it is expected to increase …
As Bitcoin approached the $100,000 price level, Stablecoin issuer Tether minted an additional $3 billion in USDT tokens on November 23 on the Ethereum and Tron networks amid increased trading volume in the crypto markets. Data from Arkham Intelligence revealed that $2 billion in USDt was minted on the Ethereum blockchain, and an additional $1 …
Bitcoin plunged to the $95,000 level after failing to touch $100,000 on Friday, currently trading around $96,653. Notably, $495 million worth of crypto has been liquidated over the past 24 hours. Long positions account for the vast majority of these liquidations ($382.7 million). Overall, 197,083 traders were liquidated over the past 24 hours, with the …
Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours. Large transactions greater than $100,000, often indicators of whale activity, signal significant buying or selling pressure. Large transaction volume for Shiba Inu came to $300.98 million, or 11.61 trillion SHIB, in the last 24 hours. The recent spike in …
With the Uniswap Total Value Locked (TVL) achieving the $4.7 billion mark, its chart has highlighted interesting facts. As per the latest reports by IntoTheBlock, it recorded the performance of Uniswap’s TVL across different chains in the yearly time frame. Notably, Arbitrum, Polygon, and Base chains have all recorded a similar flow in the TVL …
Recently, the investment giant and financial firm Charles Schwab expresses its plan about the crypto expansion. With Rick Wurster preparing to assume the CEO role on 01st January 2025, the company is set to undergo a leadership transition by replacing Walt Bettinger. Moreover, in a recent interview, Wurster shared his thoughts on digital currencies and …
The burn rate of Shiba Inu (SHIB) has surged by an astounding 49,464%, according to data from the Shibburn platform. This significant increase occurred as SHIB’s price jumped over 10% in just two hours, climbing from $0.00002523 to $0.00002784. As a result, the Shiba Inu community transferred a total of 175,311,356 SHIB to unspendable addresses. …
Binance is significantly expanding its compliance team by 34% by the end of 2024, aiming to strengthen its regulatory efforts. The company plans to have over 1,000 compliance professionals, with 645 full-time staff members, to enhance its ability to meet global regulatory standards. This move comes after Binance increased its spending on compliance by 36% …
Ripple Labs has taken another big step in preparing its RLUSD stablecoin for launch by minting 10.5 million tokens on the mainnet. This move is part of a series of tests designed to ensure the stablecoin can handle real-world demands before going live. The testing process includes minting, burning, and transferring RLUSD to evaluate its …
Kraken, the second-largest crypto exchange in the United States, has unveiled its latest coin listing roadmap featuring 19 tokens, including BNB, DYDX, AR, and LQTY. This move signals Kraken’s expansion strategy as it anticipates a more relaxed regulatory environment under President-elect Donald Trump. The crypto community expects fewer restrictions on token listings in the US, …
Almost a month ago, a trader spent 115 $SOL ($19.4K) to buy 20.51M $BULLY however, the investment quickly saw its value plunge by 90%. But instead of selling, the trader bought more. On November 18, the trader invested another 16 $SOL ($3.2K) to accumulate 19.93M more $BULLY. Fast forward to today—$BULLY surges past a $140M …
Bitcoin surged to $99,600, within 0.4% of the $100K milestone, as $1.38B USDT flowed into exchanges over the past 15 hours. Bitcoin ETFs saw net inflows of 10,495 BTC ($1.03B), with BlackRock adding 6,188 BTC ($606.5M), bringing its total holdings to 487,458 BTC ($47.78B). Ethereum ETFs gained 460 ETH ($1.52M), with Fidelity contributing 5,000 ETH …
In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and …
Polymarket, the blockchain-based prediction platform, has blocked users in France following an investigation by the French gaming regulator, Autorité Nationale des Jeux. The restriction prevents users in France from placing bets or trading on Polymarket, though the platform remains accessible in a view-only mode. The move comes amid scrutiny over the platform’s compliance with French …
Dan Gallagher, chief legal officer at Robinhood, who was a leading candidate considered for the position of SEC Chair, is not going to spearhead the U.S. SEC. He made a statement to CNBC that he has made it clear to relevant people that he is not interested in being considered for the role. Notably, Former …
In the latest development, after Gary Gensler, the US SEC Commissioner Jaime Lizárraga is leaving on January 17, which could give Republicans a head start in redirecting the regulator’s policies. Lizárraga conveyed that he was leaving because his wife has been suffering from a serious illness. Notably, Lizárraga’s departure leaves the Securities and Exchange Commission …
With Donald Trump winning the Presidential election, the market speculators had set a price target of $100k for Bitcoin (BTC) by the end of Q4 2024. However, in just 14 days, the BTC price has achieved a new ATH of $99,508.36 and currently requires less than $1,000 to achieve its target price. Notably, since the …
As per the latest reports, top researchers have found a unique trend in the memecoin-verse. This study reveals that 76% of the memes promoted by “X” influencers have lost nearly all their market valuation. In this research, over 1,500 memecoins were endorsed by 377 influencers with huge followers. Upon evaluation, it was revealed that two-thirds …
A giant whale had accumulated 398,889 ETH tokens between 18th January and 10th March 2016 with an average price of ~$6. Reportedly, this holding is now worth around $1.34 billion. Notably, this whale had accumulated 398,889 Ethereum tokens for $2.4 million. Following this, the whale went dormant for about 8 years. However, this whale has …
A new exchange-traded product (ETP) for XRP, dubbed WisdomTree Physical XRP (XRPW), has officially launched across three major European exchanges, Six Swiss Exchange, Euronext, and Deutsche Börse Xetra. The ETP provides secure, physically backed exposure to XRP with a competitive management fee of 0.5%. Backed by XRP tokens stored with regulated custodians, the product offers …
Robert Kiyosaki, the author behind Rich Dad Poor Dad, is once again backing Bitcoin, predicting it will soon soar beyond the $100,000 mark. In a recent post, Kiyosaki told his followers to “hang on tight” as Bitcoin hits new highs. Bitcoin is already close to breaking that massive barrier, recently touching an all-time high of …
Bitcoin is making waves in the crypto world, with its price surging to $99,520—just shy of the long-awaited $100,000 mark. This week alone, Bitcoin has gained 11%, fueling speculation of even higher prices. As traders eagerly anticipate more gains, the Bitcoin Fear and Greed Index has reached 94, signaling “Extreme Greed”—the highest level since February …
The Interchain Foundation, a key contributor to the Cosmos ecosystem, has sold 21,600 ETH since April 2024, securing $55.97 million. Over the years, the foundation has strategically liquidated 4,499 BTC and 223,305 ETH, amassing around $132.2 million. Despite these notable sales, the foundation continues to hold substantial reserves, signaling its sustained involvement in the crypto …
Donald Trump’s social media platform, Truth Social, is gearing up for a crypto revolution. Trump Media & Technology Group has filed a trademark for “TruthFi,” a platform poised to offer cryptocurrency payment processing, asset management, and digital trading services. The trademark application suggests ambitious plans, including card payment processing and secure custody services for digital …
WisdomTree, a leading asset management firm, has launched its latest cryptocurrency exchange-traded product (ETP), the WisdomTree Physical XRP (XRPW), on major European exchanges, including Deutsche Börse Xetra, Six Swiss Exchange, and Euronext. With a competitive management expense ratio of 0.50%, this ETP offers one of Europe’s most cost-efficient options for XRP exposure. The product is …
With the altcoin season heating up as Bitcoin inches near the $100,000 mark, Super Whale is buying Eigen Layer tokens. The whale 0x373 made a profit of $70 million from PEPE and has now bought 319,114 EIGEN tokens in exchange for 252.4 Ethereum tokens. This transaction was worth $870,000 nearly 7 hours ago. This increases …