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Avalanche ($AVAX) is experiencing a surge in adoption, with its new user adoption rate climbing to 23.5%. This metric highlights the growing number of active addresses making their first-ever transaction on the network, showcasing the increasing role newcomers are playing in the platform’s overall activity. AVAX’s new adoption rate is on the rise, currently at … Read more
Chainlink ($LINK) has experienced nearly a month of consistent negative exchange netflows, signaling a strong trend of accumulation. This indicates that holders are withdrawing their assets from exchanges and moving them into cold storage or private wallets, reducing immediate sell pressure on the market. $LINK has seen consistent negative exchange netflows for almost a month, … Read more
Binance has announced that it will delist and cease trading for all spot trading pairs involving the following tokens on November 6: IDRT, KP3R, OOKI, and UNFI. The exchange emphasized that when a token fails to meet its standards, it undergoes a more thorough review, which could lead to delisting. Just In: Binance announced that … Read more
The value of ApeCoin ($APE) has seen a sharp decline following reports that the project owner may have sold a significant amount of tokens through Wintermute on October 22. As a result, the price of $APE dropped to $1.209, marking a 14.27% decrease in the last 24 hours alone. This sudden downturn has sparked speculation … Read more
The number of new SAFE token accumulators is skyrocketing after a 73% price surge, fueled by the announcement of South Korea’s largest exchange, Upbit, listing the token. This sudden spike in price has triggered significant buying activity, especially among first-time accumulators. In the last hour alone, the top five first-time buyers have collectively purchased 1.356 … Read more
According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been … Read more
Retail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger counterparts as 2024 unfolds. Cryptoquant Analysis: Can Retail Bitcoin Investors Keep up With the Big Players? As bitcoin (BTC) edges closer … Read more
Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are entertaining similar thoughts. Bitwise Head of Alpha Strategies Jeff Park’s Bold Bitcoin Projection If Donald Trump … Read more
On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over 13 years. This is the fifth occurrence this month of bitcoins from 2011 being spent, and it’s extremely likely that most of these transactions are all connected to the same individual or entity. … Read more
According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the company still holds control over the funds. Arkham revealed that the assets are now spread across seven separate wallets. Arkham Confirms Tesla’s Bitcoin Stash Remains Untouched—Spacex Holds $550M The crypto community buzzed last week when … Read more