Ethereum and altcoins could face correction according to Benjamin Cowen’s analysis
TL;DR Analyst predicts a major correction in Ethereum and altcoins. A possible capitulation of the market is expected after a last bullish push. It is...
Search Results for: bitcoin
Hong Kong Approves BTC and ETH ETFs and Prepares for Fee War
TL;DR The Hong Kong Securities and Futures Commission (SFC) has approved three new Bitcoin and Ethereum ETFs, which will start trading on April 30 in...
DAI Reaches a Historic Record of $240 Billion in On-Chain Transaction Volume
TL;DR DAI reached a historic record of $240 billion in on-chain transaction volume last week, surpassing the combined volume of other stablecoins. The surge occurred...
FTX’s $247 Million Token Transfer: Market Implications
TL;DR FTX Treasury Wallet Activity: The FTX Treasury Wallet has transferred assets including 195.87 million FTT tokens (worth approx. $247 million), 2,010 ETH, and 6.36...
Celsius Network’s Significant Ethereum Transfer to Coinbase
TL;DR Celsius Network’s Significant Ethereum Transfer: Celsius Network, a crypto lending platform, transferred $24.5 million worth of Ethereum (ETH) tokens to Coinbase. This transfer, involving...
PancakeSwap’s Monumental Token Burn
TL;DR Token Burn: PancakeSwap has destroyed 9.2 million CAKE tokens, worth over $27 million, to reinforce the token’s deflationary mechanism and respond to the increasing demand...
CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
Grayscale Adjusts Portfolio and Removes ADA from GDLC: Market Reactions and Perspectives
TL;DR Grayscale Investments adjusts its portfolio by removing ADA from the GDLC fund based on the index methodology. Charles Hoskinson, founder of Cardano, reacts with...
Cryptocurrencies On Volatile Ground: $400 Million Liquidated in Record Time
TL;DR More than $400 million liquidated from the crypto market in the last 4 hours. Binance recorded the highest number of liquidations. BTC and ETH...
Andrew Tate: From Millionaire Profits in Cryptocurrencies to Legal Controversy
TL;DR Andrew Tate made $85 million during the last cryptocurrency market boom. It highlights the importance of distinguishing between speculative cryptocurrencies and innovative blockchain projects....