Bookmarking Crypto Insights
A noteworthy business deal occurring on the cryptocurrency network has South Korean blockchain investment firm Hashed throwing 17.03 million $SAND tokens, worth close to $4.1 million, into the Binance exchange. Onchain Lens, an analytics platform that works with blockchain data, made this transaction known and has consequently raised a few eyebrows. Selling that many tokens … Read more
Open interest in Bitcoin ($BTC) futures has been fluctuating quite a lot recently. At last count, it was at $34.5 billion, down quite a bit from its previous highs. We did see a brief recovery where it was at $33.8 billion on April 3, and then it hopped back up to $34.5 billion, but, on … Read more
Bitcoin ($BTC) has more recently come to rest around the $74,000 mark, a key price point that aligns with some very significant on-chain data. For many traders and analysts, this level has become an important psychological threshold, as it happens to coincide with one of the largest supply clusters in the current market. These clusters … Read more
Aptos, one of the hewing blockchain platforms, occupies a position of leadership in the crypto and decentralized finance (DeFi) ecosystem as it heads into April 2025, with ample good news to share. Over the course of the first week of the month, Aptos has made some impressive strides, including these three headline-grabbing achievements: 1. Stablecoin … Read more
One of the most significant cryptocurrency scams of recent memory has taken a major turn, with the scammer behind the fraudulent platform ZkCasino now suffering a loss of $27.1 million after their highly leveraged position in Ethereum (ETH) was liquidated. ZkCasino, which falsely claimed to be a blockchain-based gambling platform, has now also been linked … Read more
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws. The SEC needs to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities laws,” OpenSea general counsel Adele Faure and deputy general counsel Laura Brookover said in … Read more
XRP has struggled to find sustained bullish momentum since reaching its cycle peak at $3.40 on Jan. 16, 2025. XRP (XRP) dropped as much as 46% over the past three months, but despite its recent drawdown, Glassnode data indicates that 81.6% of XRP’s current circulating supply remains in profit. While the profit supply percentage is … Read more
Institutional crypto investment firm Bitwise has doubled down on its big Bitcoin price prediction for this year despite escalating global trade tensions. “In December, Bitwise predicted that Bitcoin would end the year at $200,000. I still think that’s in play,” Bitwise chief investment officer Matt Hougan said in an April 9 blog post. He suggested … Read more
Japanese bitcoin treasury firm Metaplanet received its first third-party coverage by an equities research company when it was featured in a report on Monday by UK-based Storm Research. The boutique equities research shop founded in 2009, specializes in small to mid-cap Japanese stocks. “The world’s third largest economy is host to hundreds of listed companies … Read more
Ether’s (ETH) most recent sell-off saw it lose the crucial $1,500 support level, and a number of technical indicators suggest that ETH may witness a deeper correction before embarking on a sustained recovery. Data shows Ether’s price dropped below its realized price — an onchain metric that recalculates the market value of a cryptocurrency based … Read more