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The discussions that continue to revolve around Binance and its potential asset movements have captured the attention of the crypto community. Recently, Julio Moreno, who heads research at CryptoQuant, took a clear stance on where he believes the exchange currently sits, offering an analysis of sorts that is both seemingly bullish (for Binance, at least) … Read more
This week’s State of the Network report from @coinmetrics offers an insightful preview of Coinbase’s Q4 2024 earnings. The report is from Research Analyst @TanayVed. He highlights the factors that have positioned the company for what could be an exceptional quarter, indeed. The report notes that trading volume has been surging, stablecoin supply is growing, … Read more
Rolling back to a year low during recent breakdown, Pol located a solid ground and bounced back with a long-wick. It currently sits well above a key level while trading flat, deciding where next to head. The aftermath of the recent crash is still causing a lot of FUD among Pol traders as they appear … Read more
The artificial intelligence sector is experiencing robust growth, with the market capitalization of AI-related assets rising 1.3% just over the past week. The capital for AI tokens has reached a fabulous $34 billion. This wonderful growth isn’t being powered by just a couple of tokens but is instead being driven by a healthy mix of … Read more
A large quantity of $EIGEN tokens, approximately worth $3.18 million, has recently been transferred to Binance, the largest cryptocurrency exchange in the world by volume. A “whale,” or significant holder of cryptocurrency, moved the tokens into the exchange, while previously two months prior, the same whale withdrew 2 million $EIGEN tokens—then substantially higher in price … Read more
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 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
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 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
