Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%

Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%. Digital Currency Market Grows: 17 […]

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Bitcoin and Ethereum Face Pessimistic Sentiment Amidst Price Declines

Following a significant drop in the prices of Bitcoin and Ethereum over the weekend, sentiment toward the two leading cryptocurrencies has turned notably bearish. Bitcoin plummeted to as low as $61.5K, while Ethereum dipped to $2,890, prompting a surge in negative sentiment among market observers. Today, Ethereum witnessed a further decline of 2.5%, exacerbating concerns among investors. Adding to the apprehension, a notable whale who previously bought Ethereum at the bottom in September 2022 has resurfaced, appearing to capitalize on profit-taking opportunities. The whale recently deposited 5,000 ETH to Kraken within the past day, showcasing a strategic move to capitalize

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27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks

27% of Ethereum Now Staked: $98 Billion Committed as Interest PeaksRecent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum. Staking Captures 27% of Ethereum Supply; […]

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Ethereum Sees 6% Surge As Whales Return Amid ETF Approvals

In a significant uptick, the price of Ethereum ($ETH) has surged by 6% in the past 24 hours, reflecting renewed investor interest and market optimism. Following the approval of spot Bitcoin and Ethereum ETF applications in Hong Kong, AI Bot’s analysis on Spotonchain has identified the return of 8 whales who had previously profited from ETH.  Shortly after Hong Kong approved spot #Bitcoin and #Ethereum ETF applications, our AI Bot detected 8 whales who had previously earned from $ETH returning to buy $ETH on-chain. Together, they spent a total of $31.88M in $USDT and $USDC to purchase 9,787 $ETH at

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Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April

Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $1.17 Billion Pulled From LSD Platforms In the initial two weeks of April, a notable reduction of 380,000 ether was observed in the […]

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Cryptocurrency Market Faces Significant Declines As Bitcoin, Ethereum, And Solana Lead The Drop

In the past 24 hours, the cryptocurrency market witnessed a notable downturn, with Bitcoin (BTC) plummeting to a low of $65,086, marking a 4.57% decrease. Ethereum (ETH) also experienced a significant drop below the $3,200 mark, down by 8.12%. Solana (SOL) followed suit, falling below $150 with a 12.68% decline.  BTC fell to a low of $65,086, a 24-hour drop of 4.57%. ETH once fell below $3,200, down 8.12% in 24h. SOL fell below $150, with a 24-hour drop of 12.68%, WIF dropped 24.1% and PEPE dropped 20.3%. The entire network liquidated $829 million in the past 12h, of which

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Ethereum Rebounds Above $3,600 As Whales Accumulate

Ethereum has made a notable rebound, surpassing the $3,600 mark today, fueled by reports of whale accumulation of ETH tokens. According to data from Lookonchain, significant withdrawals from exchanges have been observed, indicating whale activity. One such example is wallet address 0xACc7, suspected to be associated with Matrixport, which withdrew 22,251 ETH ($80.06M) from exchanges in the past few hours and a total of 33,925 ETH ($122.06M) over the past three days. Whales are accumulating $ETH! 0xACc7(probably #Matrixport) withdrew 22,251 $ETH($80.06M) from exchanges in the past 1 hour and has withdrawn 33,925 $ETH($122.06M) from exchanges in the past 3 days.https://t.co/R43ImnYb5H

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Ethereum Surges Past $3,700 Mark, On-Chain Activity Peaks

Ethereum has experienced a remarkable surge in its market capitalization, jumping by an impressive 9.2% in the last 24 hours and surpassing the $3,700 mark for the first time in over three weeks.  According to the Santiment feed, the Market Value to Realized Value metric indicated that traders were averaging significant losses from April 2nd to April 7th, creating an opportune window for buying ETH with minimal risk. 📈🤑 #Ethereum’s market cap has jumped a whopping +9.2% in the past 24 hours, crossing $3,700 for the first time in over 3 weeks. The @santimentfeed Market Value to Realized Value indicated

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Options Market Sees Unusual Activity Amidst Bitcoin’s Decline

As Bitcoin prices continued to slide, the options market presented a peculiar scenario with a notable absence of put options being traded.  According to data from Greekslive, the majority of trades yesterday were calls, indicating a bullish sentiment prevailing in the market. The situation was particularly striking in the Ethereum options market, where call option trades constituted a staggering 90% of the total trades—a level of extreme share rarely witnessed.  Bitcoin continues to fall, driving the crypto market down significantly, with panic spreading across the market and futures premium levels falling.However, in the options market, few puts were traded, and

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In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline

According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued at approximately $1.18 billion. $1.18 Billion Worth of […]

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