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The world of cryptocurrency is extremely unstable. Market trends can swing quite dramatically in just a couple of days or even hours. Yet one whale has taken this uncertain scene and made it even more tumultuous. Over the past three months, the whale has built up positions in a number of memecoins. He spent $13.64 … Read more
Chainlink’s Link appears weak today following another daily reduction. It looks set to break lower amid bearish but there’s currently not enough supply to set the stage for another drag down. Link posted a minor gain this week following a buy from the $17.5 level during last weekend’s trading. This buy didn’t last long as … Read more
In a daring and unexpected maneuver, Elon Musk has put forward a bid for $97.4 billion to buy OpenAI, a top artificial intelligence research outfit. Musk’s offer comes as many are worried that OpenAI has become too much like a typical Silicon Valley company and is no longer fully committed to its founding mission of … Read more
In a development that is hard to miss, cryptocurrency is witnessing a big uptick in both social chatter and price action today. To some extent, this is an artificial intelligence (AI) moment, and the market seems awash with trading activity related to AI-powered blockchain projects. Of this, $AIXBT is a major player, commanding a good … Read more
In the cryptocurrency world, almost nothing gets one’s attention like the transfer of sizable quantities of Bitcoin (BTC) and Ethereum (ETH), particularly when an industry titan like Binance is involved. Lately, Binance has found itself in the news, having recently offloaded a significant portion of its assets held in BTC and ETH, and this has … Read more
The on-chain AI sector has experienced an extraordinary turnaround in recent hours, drawing the attention of both investors and market observers. One of the main forces behind this upward movement seems to be the address 8u6u3…MCecT, who has been heavily backing the sector with some serious cash. In the last three hours, this individual has … Read more
In the turbulent realm of cryptocurrency, large investors—large holders of a token, known as whales—usually cause a stir when they make a move. Just recently, a whale known by the wallet address 0x8f9 made a big one by unstaking all of their 17.875 million $ENA tokens (worth about $8.78 million) and transferring them to Binance … Read more
In a shocking twist, a key investor in the cryptocurrency market, identified by the wallet address GJwCU, has gone and done the opposite of what investors are advised to do in a bear market—by withdrawing 30,901 SOL tokens (worth an impressive $6.24 million) from Binance. Right before this big withdrawal, the wallet had been completely … Read more
The payments industry is on the verge of a seismic transformation. Recent projections from the management consultancy McKinsey & Company place the annual value of cross-border payments at $195 trillion in 2024 and expect the figure to ascend to $320 trillion by 2032. This dramatic increase will be driven by many different factors, one of … Read more
An X user going by the name AB Kaui Dong sounded the alarm early Tuesday, when he noticed suspicious onchain activity by the world’s largest cryptocurrency exchange, Binance. “The most discussed topic among peers today should be Binance, which is selling off a large amount of its own BTC and ETH assets,” Dong said. “Most … Read more
