In recent months, Ethereum whales have been making significant moves in the cryptocurrency market. These whales, representing the largest investors in the space, have been actively increasing their holdings of Ethereum. According to a report by Santiment, the on-chain data shows a surge in whale activity, potentially triggered by the SEC’s approval of spot Ethereum
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Gemini exchange recently announced that users of its Earn product have received $2.18 billion worth of their digital assets, which accounts for 97% of the total digital assets owed to them. This distribution is a significant milestone following the collapse of crypto lender Genesis, which had ceased withdrawals in November 2022. Gemini confirmed that the
Gemini’s recent announcement of successfully recovering almost all of its customers’ digital assets has sent ripples throughout the cryptocurrency community. This unprecedented recovery by the crypto exchange, established by the Winklevoss twins, has showcased a level of responsibility and commitment that is commendable in the industry. The news broke on Wednesday, with Gemini revealing that
The enigmatic world of Bitcoin continues to captivate investors with its price fluctuations. A recent analysis by Cryptorphic, a prominent crypto analyst, suggests a potential bright future for Bitcoin. Cryptorphic’s prediction of Bitcoin hitting a staggering $156,000 by May 27th, 2025, is based on a historical phenomenon known as the halving. Every four years, the
The recent pump of the new Solana meme coin SHIB has caught the attention of many traders in the crypto market. With a staggering 24-hour change of +5,300%, SHIB on Solana is currently trading at a market price of $0.00388. The price action suggests that the token is in a consolidation phase, primed for a
In the bustling world of NFTs, Magic Eden Marketplace has emerged as a vibrant hub for enthusiasts in 2024. Initially focused on the Solana-based NFT sector, this decentralized marketplace has expanded to support Ethereum NFTs and the latest Bitcoin ordinals. With an impressive user count and reputation for low transaction costs, Magic Eden is the
The approval of spot Ether ETFs by the U.S. Securities and Exchange Commission has sparked discussions about the potential impact on the market. According to a report by Kaiko, if Grayscale’s upcoming Ether ETF follows the trend set by the company’s Bitcoin Trust, it could see an average outflow of $110 million per day. The
Following a crucial week for Ethereum, a technical candlestick arrangement indicates that ETH prices could be gearing up for a significant uptrend in the near future. An analyst points out events in the monthly chart, highlighting the reversal of the ETH/BTC ratio from a multi-year support trend line. Historically, when prices bounce off this line,
Shiba Inu ($SHIB) has emerged as one of the top digital asset investments of 2024, outperforming Bitcoin, Ethereum, and even its top competitor, Dogecoin. With a current price of $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. In comparison, Bitcoin is up 158%, Ethereum has added 115% over
In the past 24 hours, Floki Inu (FLOKI) experienced a significant 20% rise, propelling its market cap to approximately $2.6 billion and reclaiming the fifth spot in the meme coin sector. This surge in price has caught the attention of many traders and investors alike, leading to a renewed interest in this dog-themed cryptocurrency. Several