Bitcoin’s price has been a topic of much speculation and analysis, especially as it hovers around the $52,000 mark. While many traders focus on price movements, a deeper dive into Bitcoin’s liquidity reveals a complex ecosystem that underpins the market. CryptoSlate, in collaboration with Kaiko, has delved into the intricate dance of buy and sell
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Binance, the leading cryptocurrency exchange, recently announced the expansion of its margin trading options. The new additions included several new pairs and borrowable assets. This move was aimed at enhancing the user trading experience and providing more choices for traders on the platform. The new margin trading pairs added by Binance include ADA/USDC, AVAX/USDC, MATIC/USDC,
Michael Saylor, the co-founder and executive chairman of MicroStrategy, has made it clear that he and his company are committed to buying Bitcoin (BTC) indefinitely. Despite having an unrealized profit of approximately $4 billion from their BTC holdings, Saylor stated in a recent interview with Bloomberg that he has no intention of selling. He believes
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
In the fast-paced and constantly evolving world of cryptocurrency, a new trend has emerged that has captivated the attention of investors and enthusiasts alike – airdrops. These airdrops are essentially free tokens or coins distributed by blockchain projects to attract potential investors and users, ultimately aiming to increase visibility and promote their project. Airdrops come
After former CEO Daniel Alegre stepped down from the role, Greg Solano, co-founder of Yuga Labs, has announced his return to the position of chief executive officer. This decision marks a significant shift in leadership for the company known for creating the highly successful Bored Ape Yacht Club (BAYC) NFT collection. Solano expressed his excitement
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