Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE. Go to Source
Month: August 2024
Dogwifhat open interest declines 28% amid fears of a $1.50 ‘likely retest’
Crypto traders claim that Dogwifhat will “likely retest” the critical support level as its price and open interest have both plummeted since July 27. Go to Source
Iran Backs Russia on BRICS Single Currency Initiative
Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate … Read more
OpenAI’s current business model is ‘untenable’ — Report
Technology commentator Edward Zitron claims OpenAI will need to make several changes to “survive” beyond two years, but some industry executives disagree. Go to Source
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the exchange cannot accept new business. The suspension follows a multi-state examination revealing financial discrepancies. Coinzoom is seeking an administrative hearing to address the … Read more
Insider Trader Buys Over 1 Trillion $MOG Despite Price Volatility
In the past 24 hours, the memecoin $MOG has experienced a 16% decline. However, data from iCrypto.ai has revealed an insider trader consistently capitalizing on $MOG’s price movements. This trader has a history of purchasing $MOG before significant price surges. On June 08, 2024, the trader acquired 280.18 billion $MOG at $0.00001241, spending approximately $350,000. … Read more
$PEPE Dips Amidst Market Downturn, Whale Profits Significantly
The crypto market is seeing a widespread downturn, with many coins experiencing significant losses. Among them, the meme coin $PEPE has notably added a zero to its value, now trading at $0.0000099. $PEPE DIPS LIKE NEVER BEFORE 😫🤔🤔🚨 BLOODY DAY Well the market is shading blood but some meme coins like Pepe have taken it … Read more
RENZO ($REZ) Reaches Double Bottom Amidst Intense Liquidations; Whale Takes Significant Loss
Renzo ($REZ) has hit a double bottom, facing intense liquidations since its listing. The selling pressure has driven the price down significantly. Today, a whale, likely an investor in the Renzo project, deposited 34 million $REZ (valued at $2.09 million) onto Binance. Previously, on June 27, 2024, this whale had received 50 million $REZ at … Read more
XRP Ledger Surges In July Amid High On-Chain Activity And Whale Transactions
The XRP Ledger (XRPL) emerged as one of the top performers in July, buoyed by significant on-chain activity. The coin experienced a remarkable 35% monthly increase, driven by major whale transactions and robust network growth. Additionally, its social dominance has reached new heights, despite a mild retracement in its price. 📊 XRP Ledger, among one … Read more
Solana’s Key Metrics Show Significant Growth And Bullish Potential
Since June 2024, Solana’s key metrics have shown impressive growth. DeFi Total Value Locked (TVL) has surged by 20%, net inflows have increased by 126%, and non-voting transactions have risen by 21%. 🚨REPORT: @Solana’s key metrics have shown significant growth since June 2024. ▶️ DeFi TVL: increased by 20% ▶️ Net Inflows: increased by 126% … Read more