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Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours. AVAX Declines Amid Onchain Analyst’s Discovery of Major Transfers Zachxbt, a well-known onchain analyst, … Read more
Recent activities by Shiba Inu (SHIB) whales have stirred significant interest and speculation among investors. These large holders have been transferring substantial amounts of SHIB from exchanges, raising questions about their intentions and the potential impact on the market. In a notable move, Shiba Inu whales transferred a total of 2.55 trillion SHIB from exchanges. … Read more
The TON blockchain is experiencing a significant surge in activity, with the Total Value Locked (TVL) surpassing $500 million as Season 4 of the Open League Digest gets underway. This period has also seen a remarkable influx of over 1,000 applications for The Open League Hackathon, showcasing strong developer interest. Meanwhile, limited early-bird tickets for … Read more
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its shares at a “comparative disadvantage.” Grayscale: Ethereum Trust Strategy Could be Impacted by Staking Limitations While multiple exchange-traded fund (ETF) issuers … Read more
On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling, repairing, and supporting computers and related products and services, shared his thoughts on bitcoin via the social media platform X. This interaction began with a response from Michael Saylor, the founder of Microstrategy. Dell CEO Michael … Read more
According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa’s average daily transaction volume. Additionally, despite a general downturn in the crypto economy, tron (TRX) has achieved a 2% gain against the U.S. dollar over the past week. Tron Network’s USDT Volume Hits $53 … Read more
The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch Bitcoin and Ethereum Trading Operations On June 21, Bloomberg’s Emily Nicolle cited sources knowledgeable about the plans, stating that Standard Chartered is on the … Read more
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin ETFs Experience Sustained Outflows The 11 spot bitcoin ETFs reported $1.16 billion in trade volume … Read more
DEGEN has recently achieved an impressive ranking, securing the #2 spot across various on-chain metrics for memecoins. This includes trader numbers and transaction counts, placing DEGEN just behind the renowned Dogecoin (DOGE). This is particularly noteworthy given DEGEN’s market cap stands at a mere 0.79% of Dogecoin’s. Despite this achievement, DEGEN has seen a significant … Read more
Address 0x846…f82D7 is suspected to have successfully cleared its 640,000 $RNDR coins acquired five months ago, potentially realizing a profit of $2.25 million. On January 17, 2024, this address transferred 640,000 RNDR from Binance at an average price of $4.16. For several months, there was no activity involving these holdings. However, just five hours ago, … Read more