News

Auto Added by WPeMatico

Latam Insights: Mexican Billionaire Ricardo Salinas Recommends Purchasing Bitcoin, Cardano Partners Argentine Province

by

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas advises purchasing Bitcoin, Cardano partners with an Argentine province, and Argentina launches a VASP registry. Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under … Read more

Litecoin Activity Surges Despite Stable Prices, Outpacing Ethereum In Address Activity

by

Despite Litecoin’s price remaining relatively stable over the past 30 days, data from Lookonchain reveals a significant spike in activity. Yesterday, the number of active Litecoin addresses soared by 75%, reaching its highest level since January and surpassing Ethereum by over 100,000 active addresses. https://x.com/intotheblock/status/1799006336451244319?t=6uowNSmKiFD9rhWCBOrNzw&s=19 In addition to this surge in address activity, the number … Read more

GMX Experiences Brief Decline Amidst Whale And Institutional Accumulation

by

The decentralized exchange GMX, operating on the Arbitrum and Avalanche blockchains, saw a brief decline of 4% today after a strong performance, having surged 15% over the past week. On-chain data from Lookonchain indicates significant buying activity from whales and institutions. 66 Wallets Withdrew 344,502 GMX Tokens In the past two days, six new wallets … Read more

BRETT Memecoin Surges 24% Amid Insider Sell-Offs: Major Wallet Activity Observed

by

The BRETT memecoin experienced a 24% surge today, followed by significant sell-offs from early buyers and insiders who capitalized on the price rebound. Over the past 32 hours, five prominent “insider” wallets collectively transferred 71.76 million BRETT tokens, valued at $9.94 million, to exchanges such as Gate.io, KuCoin, and Bybit. These transactions led to notable … Read more

Bitcoin’s Momentum Builds: Market Conditions Ripe For A Breakout

by

Bitcoin’s daily transaction volumes have surged past $70.9 billion, signaling heightened market activity. The In/Out of the Money Around Price (IOMAP) indicator suggests that there is minimal resistance up to the $73,000 level, hinting at the potential for Bitcoin to rise further. Daily transaction volumes in $BTC have reached over $70.9 billion, pointing to increased … Read more

Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January 

by

Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13 billion. Roughly 90.95% of this bitcoin withdrawal originated from cryptocurrency exchange reserves. Exchanges and Miners See Massive Reductions From Jan. 1 to June 7, 2024, … Read more

Whales Dump $12.37M In LINK and UNI, Triggering 4% Price Drop

by

In the last five hours, two significant whales, likely representing an institutional entity, offloaded 371,000 LINK ($6.48 million) and 541,000 UNI ($5.89 million) on Binance, causing the prices of both tokens to plummet by approximately 4%. These whales had accumulated the majority of these tokens in late May, driven by the Ethereum ETF approval hype. … Read more

The New Wave of AI Platform Coins in the Crypto Market and RACA’s Strategic Bet on 4090 GPU Graphics Cards

by

AI platform coins are emerging as a dominant force in the cryptocurrency landscape, effectively becoming the new breed of meme coins. Over the past 18 months, these coins have demonstrated remarkable resilience and growth, often outperforming even Bitcoin during market fluctuations. Every minor uptrend in Bitcoin’s price curve sees AI and meme coins not only … Read more

$ALICE Token Surges 71% Amid Market Enthusiasm And Strategic Moves

by

The value of $ALICE has surged by over 71% in the past seven days, breaking through previous resistance levels with impressive “god candles” that reflect the token’s growing strength.  This bullish momentum has seen $ALICE surpass the $2 mark, suggesting a potential rally towards $4 if it maintains this level. Despite this robust performance, $ALICE … Read more

Profit-Taking Hits PEPE: Whale Cashes In

by

After a surge that put many holders in profit, the price of PEPE has declined by 3% today as traders start to take profits. This shift is marked by a significant transaction from a major whale, who just deposited 365.96 billion PEPE (worth $5.3 million) into Binance. This whale originally withdrew the same amount of … Read more

You have not selected any currencies to display