In a recent analysis by Spot On Chain, a significant Ethereum whale has been identified engaging in notable accumulation activity that has caught the attention of the ETH community. The whale address in question has reportedly purchased a total of 64,501 ETH over the past three days, translating to a substantial $187 million at current
Bitcoin
There is a growing belief among crypto analysts that the altcoin season is on the horizon, thanks to Bitcoin’s recent price action. The altcoin season typically refers to a period when other cryptocurrencies start to outperform Bitcoin. According to Rekt Capital, a renowned crypto analyst, Bitcoin is expected to experience one final pre-halving retrace before
In a recent analysis by crypto investor Fred Krueger, Ethereum’s valuation at spot rates has come under scrutiny. Krueger argues that Ethereum is overvalued, with supporters being “detached from reality” as the native currency recently surpassed $3,000. One of the key points raised by Krueger is the declining on-chain activity in Ethereum, along with the
The recent surge in Bitcoin price to $53,000 has been met with significant volatility in the cryptocurrency space. Despite facing notable declines after hitting this level, a prominent crypto analyst, Michael van de Poppe, has predicted a potential continuation of the upward momentum for Bitcoin. While recent bearish trends have caused concern among investors, Poppe
As major cryptocurrencies experience profit-taking after recent strong gains, there is an ongoing search for top crypto gainers among micro-cap shitcoins and meme coins. Bitcoin (BTC) and Ether (ETH) are both seeing losses, with BTC down over 2.5% and ETH down around 3.5%. Despite this, these major cryptos have seen impressive gains in the past
The Bitcoin price has been facing some challenges recently, with fluctuations causing uncertainty among investors. However, there are still indicators that suggest a potential continuation of the upward trend. One such indicator is the Fisher Transform, as pointed out by crypto analyst Tony The Bull. The analysis of the Bitcoin Fisher Transform in comparison to
The recent surge in the cryptocurrency market is evident as Coinbase International Exchange, based in Bermuda, reported a milestone of hitting $1 billion in daily trading volume for the first time. The exchange offers crypto perpetual futures trading to professional non-US traders as an alternative to the ongoing regulatory challenges in the United States. CEO
Ladan Stewart, a key member of the US Securities and Exchange Commission’s legal team, recently made the decision to step down from her role at the agency to join White & Case, a pro-crypto law firm. Stewart, who previously served as Regional Trial Counsel in the SEC’s Crypto Assets and Cyber Unit, has joined White
Despite Bitcoin’s impressive journey beyond $52,000 in just two years, the cryptocurrency seems to have hit a roadblock recently. Trading below this significant psychological threshold, the overall sentiment remains positive. Recent data reveals an interesting pattern among long-term holders of Bitcoin. These investors have collectively sold approximately 200,000 BTC since the beginning of the year.
The cryptocurrency world is no stranger to controversy, and recent events have once again brought Cardano (ADA) to the forefront of the debate. Arthur Hayes, the Bitcoin millionaire and former CEO of BitMex, has not been shy about expressing his disdain for the Cardano network. In a recent interview with Coin Bureau, Hayes criticized Cardano