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Recent data suggests a favorable outlook for Bitcoin as long-term support levels remain strong. The 30-day Exponential Moving Average (EMA) of Binary Coin Days Destroyed (CDD) is fluctuating between 0.1 and 0.3, indicating that long-term holders are actively accumulating Bitcoin. Long-Term On-Chain Support Levels Signal a Positive Outlook for #Bitcoin “The 30-day EMA of Binary … Read more
Ethereum has surged back to as high as $2,700, riding the wave of a broader crypto market rally. Social media is abuzz with renewed excitement around the second-largest cryptocurrency by market cap, and margin trading activity is on the rise, with Ethereum wallets on leverage exchanges hitting 7-week highs. 🗣️ Ethereum’s market value has rebounded … Read more
Neiro on Ethereum ($NEIRO) has experienced a notable price rally, fueled by significant whale activity. One major investor recently made waves by purchasing 17.71 million $NEIRO tokens, investing a total of $1.53 million at an average price of $0.08662 over the last three days. A whale spent $1.53M to buy 17.71M $NEIRO(Neiro On Ethereum) at … Read more
The government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana Mondino stated on Monday before the UN Assembly that these agendas weren’t binding and that Argentina wanted to have “wings to grow in freedom.” Argentina … Read more
Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users … Read more
An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today. Arkham: Vintage Bitcoin Whale Sends 5 BTC to Kraken After Years of Inactivity … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change the Salvadoran economy and its outlook. Latam Insights Encore: Bukele’s Zero Debt … Read more
After the arrest and subsequent release of Telegram CEO Pavel Durov in France, his Telegram channel shared that the messaging platform has updated its terms of service and privacy policy. According to these changes, the platform may disclose the IP addresses and phone numbers of users who violate laws or Telegram’s rules “to relevant authorities.” … Read more
Memecoins on the Solana blockchain saw notable gains on Thursday following the Federal Reserve’s interest rate cut. Among the standout performers was Dogwifhat ($WIF), which surged by 6.55%, securing its place as one of the top-performing memecoins. The token boasted a trading volume of $424 million, drawing significant attention from traders. In a major move, … Read more
At around 4 AM on September 20 (Singapore time), BingX’s technical team detected unusual network activity, suggesting a potential hacker attack targeting the platform’s hot wallet. In response, an emergency plan was swiftly implemented, which included suspending withdrawals and urgently transferring assets to protect user funds. While some assets have been lost, the amount is … Read more