The crypto market capitalization has reportedly achieved a new all-time high (ATH) of $3.12 Trillion. Notably, on 11th November, the total crypto market cap experienced a jump of 7% in 24 hours. The prime reason for this surge was due to a sudden spike in the Bitcoin price. Notably, with a 24-hour jump of 9.41%, …
Since Donald Trump’s victory, Elon Musk has added ~$70 billion to his net worth. Reportedly, Musk’s major wealth comes from his holdings in Tesla. Notably, since the election results the stock price of Tesla has soared 39%. This has further resulted in the company achieving the $1 Trillion milestone. With this, Elon Musk has a …
Bitcoin price has achieved a new milestone by hitting the $88,000 mark during the early Asian trading hours. With this, the BTC price market cap has surpassed the silver with a valuation of $1.736 Trillion. This makes it the world’s 8th largest asset. Notably, this achievement comes as this crypto token gained 10% on the …
Amidst Bitcoin hitting new highs and building momentum in the crypto market, El Salvador has witnessed its Bitcoin investment exceed a $119 million profit. In 2021, the country officially made the asset legal tender within the country, which appears to be paying off greatly. With Donald Trump emerging victorious in the 2024 presidential election, the …
MicroStrategy, in the latest announcement, revealed that during the period between October 31, 2024, and November 10, 2024, the Company acquired approximately 27,200 bitcoins for approximately $2.03 billion in cash, at an average price of approximately $74,463 per bitcoin. It has achieved BTC Yield of 7.3% QTD, with a net benefit to shareholders of 18,410 …
Crypto investment products experienced a surge in inflows, totaling $1.98 billion from November 3-9, marking the fifth consecutive week of positive momentum. According to CoinShares, these recent inflows contributed to $7.7 billion in total inflows over five weeks, representing 24% of the $31.3 billion year-to-date. Spot Bitcoin ETFs in the United States were the primary …
MicroStrategy the world’s first Bitcoin Treasury Company has acquired about 27,200 bitcoins between October 31 and November 10, 2024, worth around $2.03 billion. The company purchased these bitcoins at an average price of $74,463 each. As of November 11, 2024, the company now holds a total of 279,420 bitcoins, with an overall investment of approximately …
Cathie Wood, CEO, of Ark Invest founder, has recently suggested that President-elect Donald Trump may turbocharge the U.S. economy during his term. Cathie believes that Trump’s administration may support innovation and development in technology. Notably, the main beneficiaries may rise from the healthcare industry, the automobile sector, and the digital currency ecosystem. She also believes …
Alameda Research has sued “Aleksandr Ivanov”, the founder of Waves and its affiliates. In the recent filing, Alameda said that it seeks assets worth ~$90 million that belong to it and its debtors. Reportedly, in March 2022, Alameda deposited $80 million worth of USDT and USDC, which had later been converted to ~90 million worth …
Cameron Winklevoss, co-founder of Gemini has recently given an optimistic outlook about the future of Bitcoin. As per his statement, he still thinks that the BTC price has room to grow as the recent spike to a new all-time high was not driven by retail fear of missing out. In a recent post on “X”, …
A recent move by a whale trader has captured attention, showing both profit-taking and a costly re-entry. According to data from Lookonchain, this whale initially sold 619 Wrapped Bitcoin (WBTC) worth $46.48 million four days ago for $75,029, securing a profit of $8.9 million. However, after Bitcoin’s price surged past $80,000, the whale repurchased 562 …
As Ethereum whales are offloading, other whales are on an accumulating run for Solana. As the Solana market cap hits $100 billion, a whale with wallet address “AA21….VxH9” has bought 7,500 Solana tokens worth $1.57 million today. This whale has been on a buying spree since October 22 and has accumulated 257,599 Sol tokens worth …
Amid the recent surge in Ethereum, which briefly crossed above $3200, a giant whale is coming back to sell its ETH tokens, holding 398,891 ETH tokens worth $1.28 billion. The whale has recently offloaded 46,853 ETH tokens in exchange for 138.8 million USDC at an average price of $2,920 since November 7. Recently, the whale …
A much anticipated Trump victory in the 2024 US presidential elections has impacted all financial markets, with the crypto industry at the forefront of gains. As the initial gains were witnessed only in Bitcoin, the altcoins have now caught up. Dogecoin, jumped by 20% to a three-year high today and Shiba Inu, has performed even …
In the latest development, Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. The company revealed that its bitcoin holdings have now reached 1,058. According to Semler Scientific’s chairman, the company is seizing an opportunity to boost value for stakeholders by expanding its …
The SUI price has witnessed a massive increase of 32.4% within the last 24 hours and by 60% over the past 7 days, with its market capitalization nearing $8.7 billion. This has put SUI in the 15th position among the most valuable cryptocurrencies. Over the past 24 hours, SUI trading volume has also increased by …
Market analyst Mikkybull has recently shared an XRP chart noting that XRP has a historical tendency to experience massive upsurges following the elections. This pattern had played out in 2016 and 2020. Following the 2016 election, XRP’s price initially dipped for about four months. However, by March 2017, XRP experienced an astonishing surge of 60,000% …
As Bitcoin soared higher and managed to achieve another all-time high of $80,772, Michael Saylor, the Bitcoin Maximalist and MicroStrategy’s CEO, took to X and shared an enthusiastic post. He reacted to the cryptocurrency’s latest milestone by posting Lil Bubble’s music track called “There Is No Second Best” on his social media profile. The leading …
Solana’s native cryptocurrency SOL has hit a new milestone on Sunday as bitcoin hit a new milestone as it reached $80K. There is a broader crypto rally going on following Trump’s victory and the recent Federal Reserve’s rate cut. Notably, SOL broke above its March-April cycle highs and touched $212 for the first time since …
Blockchain tracking platform Whale Alert has spotted a huge DOGE transfer that has sent ripples through the crypto community. A cryptocurrency whale made a stunning withdrawal of a whopping 200,000,000 DOGE worth $45,746,453 from the popular trading platform Robinhood. The funds were sent to an unknown blockchain wallet -1pMke, which currently contains 30,237,003,292 Dogecoin valued …
In yet another significant milestone, Bitcoin has reached a new all-time high of $80,000. This surge in value comes amidst a boost in trading volume and growing interest from both retail and institutional investors. However, there are varied views on whether the asset will continue to rise or might face a potential correction. With the …
Amidst the surges in Solana’s price and a boom in the Defi sector, the Coinbase Wrapped BTC (cbBTC) product, which was recently launched on the Solana blockchain, has hit the $1 billion market capitalization milestone. The cbBTC is an SPL token backed 1:1 by Bitcoin (BTC) and held in custody by the exchange. cbBTC joins …
According to data from Shibburn, on November 9, the burn rate of Shiba Inu showed a 1323.66% increase, resulting from the destruction of 34.91 million tokens. As a result of this significant rise in the burn rate, the total supply of the meme token has decreased to 589.26 trillion SHIB. 110.64 million coins were burned …
An Ethereum ICO whale has sold 3,367.5 ETH, worth $10.16 million, as Ether’s price surpassed $3,000. The whale, which had been holding the ETH for eight years, liquidated a significant portion of its holdings, sparking concern among traders. Despite this sale, the whale still holds 37,069.8 ETH, valued at around $112 million. This sale follows …
During the early trading hours, 625,000 PENDLE tokens worth ~$3.36 million were deposited to the Binance crypto exchange. Reportedly the whale wallet linked to this transaction was “04e214”. The PENDLE price is currently trading at $5.40 with a volume of $136.7 million. On the other hand, 2 whale wallets together have deposited 226,741 TRB tokens …
Roman Sterlingov, the founder of Bitcoin Fog—a darknet cryptocurrency mixer—has been sentenced to 12.5 years in prison and ordered to forfeit $395.5 million. This follows his conviction on charges of money laundering, conspiracy, and operating an unlicensed money-transmitting business. Bitcoin Fog, which became popular among criminals, is believed to have handled over 1.2 million Bitcoins, …
Bitcoin may be gearing up for a massive rally as it enters “Phase 2” of its historic bull run. On-chain data from CryptoQuant reveals a striking pattern similar to 2017, with long-term holders (LTHs) reversing their recent sell-off. This suggests fresh capital is flooding in, and Bitcoin could soon experience a second phase of explosive …
According to Lookonchain, a blockchain analytical platform, a smart whale recently withdrew 6.9 million WIF (worth $15.87 million) from Binance just 10 hours ago. This same whale had previously bought 9.8 million WIF for $15.05 million at $1.53 per coin between August 30 and September 2. By September 29, the whale sold all 9.8 million …
With the institutional support for Bitcoin, Ethereum, and all things crypto growing with Trump’s political win, the BlackRock ETFs are scaling new heights. BlackRock’s Ethereum spot, Ethereum ETF, saw an inflow of $6.3 million on Nov. 8. This is the highest-ever inflow since Aug. 7. Meanwhile, Bitcoin ETF recorded an inflow of $1.43 billion, a …
In a unique bet, theunipcs.ETH, a diamond-handed believer, is gaining the spotlight. The holder bought Dogecoin by spending 235 ETH tokens worth $584,000 to buy 33.35 million Dogecoin at an average cost of $4.7 million. Currently, the unrealized profit stands at $4.12 million. They also bought MAGA tokens at a $3 million market cap, by …