The recent surge in the price of Bitcoin has captured the attention of large Bitcoin whales, who are taking advantage of the dip to buy more coins at discounted prices. These whales, holding at least 1,000 BTC, have been increasing their holdings over the past three months, signaling their bullish outlook on the cryptocurrency market.
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The cryptocurrency market has seen a significant surge in meme coins, with popular tokens like DogWifHat (WIF) and Dogecoin (DOGE) experiencing substantial gains. Over the last week, DogWifHat has shot up by an impressive 42%, while Dogecoin has surged by 37%. These meme coins have outperformed other leading cryptocurrencies like Bitcoin and Ethereum, which have
Recent US criminal charges against KuCoin have raised concerns about the exchange’s operational stability. However, CEO Johnny Lyu has reassured users that their funds are safe and that the platform will continue to function without any disruptions. Despite facing allegations of flouting anti-money laundering laws, KuCoin remains confident in its ability to provide a secure
Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has reached a 9-year low. This significant drop in Bitcoin balance on the popular exchange suggests that investors are opting to move their holdings off exchanges and hold for the long term, rather than engage in short-term selling.
In a surprising turn of events, the fifth richest Bitcoin address recently made a massive transfer of $6 billion worth of the digital asset to three new wallets. This transfer, which took place over the weekend, has left the cryptocurrency community buzzing with speculation and curiosity. The address, initially funded with a whopping 94,500 BTC
As a cryptocurrency enthusiast, Rekt Capital has pointed out a compelling similarity between the recent Bitcoin pre-halving retrace and the one that occurred in 2020. This observation comes at a time when Bitcoin has shown momentum in its price, surging above $70,000 after a period of decline. According to Rekt Capital, the current pullback may
Ark Invest has recently made a significant move by selling 74,291 Coinbase shares, valued at $20.8 million, across three exchange-traded funds. This decision follows their previous sale of over $100 million worth of Coinbase shares last week when the price of COIN reached new yearly highs. The firm sold shares from its Innovation ETF (ARKK),
As Ethereum (ETH) continues its journey towards the $4,000 price mark, it is facing a critical challenge in the form of scrutiny from the US Securities and Exchange Commission (SEC). The recent market conditions have not been particularly favorable for Ethereum, with the digital asset experiencing a significant drop of more than 15% over the
Recently, Binance announced that it would be ending support for Tron network-based USD Coin (USDC) stablecoins by April 5. This decision comes after Circle, the company behind USDC, decided to pull out of the Tron blockchain entirely. This news means that Binance users now have less than two weeks to withdraw their assets or convert
In the realm of cryptocurrency, Bitcoin remains a key player that is closely scrutinized by experts and analysts alike. Doctor Profit, a renowned cryptocurrency expert, has recently shed light on specific regions that hold great importance for Bitcoin at this juncture. His insights have sparked optimism within the crypto community, hinting at a potential surge