The recent surge of Ethereum purchases attributed to a wallet potentially linked to Justin Sun, founder of TRON and BitTorrent CEO, has caused a stir in the cryptocurrency community. The wallet in question acquired 13,780 ETH, valued at around $41.24 million, adding to a total of 168,369 ETH worth approximately $487 million. These acquisitions were
Crypto
In the world of meme coins, investors are always on the lookout for the next big opportunity to capitalize on potential gains. This quest for high returns has led many Shiba Inu ($SHIB) investors to make a shift towards a new ICO offering called Scotty the AI ($SCOTTY). The allure of Scotty the AI lies
Bitcoin ETFs have been making waves in the investment industry, with Bloomberg analysts predicting that they could soon surpass gold ETFs in terms of size. This prediction comes after Bitcoin ETFs absorbed over $5 billion in inflows within just a few weeks of their launch. According to Eric Balchunas and Andre Yapp of Bloomberg Intelligence,
Frog Wif Hat Token ($FWIF) has recently made its debut on the decentralized exchange Uniswap and is generating significant buzz in the crypto space. With a price surge of 226% in just a few minutes, $FWIF is attracting the attention of traders looking to capitalize on this momentum. The coin, initially an ETH meme token,
Recent trading activity of Bitcoin ETFs indicates a slowdown in outflows from Grayscale’s Bitcoin Trust (GBTC). This change comes as investor concerns regarding Grayscale’s Spot ETF appear to be easing. The entire ETF sector continues to experience significant trading volumes and rapid growth in assets under management, pointing to a positive trend in the market.
The recent -5.3% price drop in the Helium network has raised concerns among investors. Despite impressive growth in the past three months, with HNT price climbing +227%, the current market price of $8.18 represents a 24-hour change of -2.34%. The retreat from a local high at $11.05 on February 15th has led to a -25%
The recent surge in FOMO coin’s price, with an impressive +80,114% increase, has attracted a lot of attention. However, this kind of dramatic price action is often characteristic of meme coins, which are known for their pump-and-dump cycles. The initial hype and fear of missing out lead to a surge in price, followed by a
Following the suspension of its website and trading application on Feb 23, Hong Kong-based crypto exchange BitForex has left users in the dark. With over $2 billion in trading volume as recently as Feb 24, the sudden disappearance of the exchange has raised eyebrows. Data analysis suggests that BitForex may have inflated its volumes by
The price of Ethereum (ETH) has skyrocketed to over $3,100, marking a significant increase in value. This surge comes at a time when other major cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and Cardano (ADA), have either remained stable or experienced minor losses in the past 24 hours. One of the main reasons behind ETH’s rally
The cryptocurrency world has been plagued by scams and thefts, leaving victims devastated by the loss of their digital assets. However, amidst this chaos, on-chain researcher ZachXBT has emerged as a beacon of hope for those who have fallen prey to cybercriminals. One of his most recent successes involved the recovery of stolen funds from