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On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing a $29.85 billion slice of that pie. … Read more
David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more … Read more
Bitwise’s recent filing for an XRP ETP (Exchange-Traded Product), not to be confused with an ETF (Exchange-Traded Fund), has triggered a notable on-chain reaction. The filing coincides with increased whale activity and social media buzz, alongside an impressive $2.39 billion in transaction volume—the highest in eight months. These signals hint at possible bullish momentum for … Read more
From January to September 2024, the total supply of stablecoins expanded significantly, increasing by 32.4%. Ethereum, which remains a key player in the space, saw its own stablecoin supply rise by 25.5%, amounting to $17.2 billion. Despite this growth, Ethereum’s dominance in the stablecoin market dropped slightly, from 51.9% to 49.1%, as the overall sector … Read more
Grayscale Investments, the world’s largest cryptocurrency asset manager, has introduced a new fund that offers investors exposure to Aave’s native token, $AAVE. This latest addition to Grayscale’s portfolio follows closely on the heels of the company’s recent launch of the Grayscale Avalanche Trust, which provides exposure to $AVAX. GRAYSCALE DEBUTS NEW AAVE FUND THAT GIVES … Read more
Bitcoin has experienced a significant retracement, dropping 9.2% since reaching a local high of $66,400 on September 27. This decline has dampened the enthusiasm of investors, which may be a positive signal for the market. Historically, price movements in financial markets often go in the opposite direction of prevailing sentiment, and the current cooling of … Read more
The $EIGEN token is gaining attention as it sees increasing accumulation from Smart Dex Traders (SDTs) and Smart Money (SM). Currently, $EIGEN ranks #1 among tokens accumulated by Smart Money and #3 in the top tokens highlighted by SDTs for good entry points. Notably, five hours ago, the wallet 0xcfc5, associated with Robert Leshner, purchased … Read more
Recent data has unveiled the top 50 tokens most commonly held in iCrypto Whale portfolios on Ethereum each month, offering insight into which categories dominate their allocations. Analyzing these trends reveals how the investment focus of large crypto holders has shifted over time. In the early months of the year, stablecoins such as $USDT, $USDC, … Read more
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market. Go to Source
While Binance and other centralized exchanges saw activity decline in September, Crypto.com witnessed its trading volume reach an all-time high. Go to Source