Author: NBTC
A Chinese crypto user on X has spotted notable losses on Galaxy Digital’s holdings across some cryptocurrencies on the Solana blockchain. According to the crypto user, they identified a crypto wallet belonging to a well-known asset manager that spent $16.41 million to take positions in three crypto tokens. 「近三个月花费 1641 万美金建仓 $PNUT & $ai16z & $arc」的地址大概率归属于 Galaxy Digital🧐目前该机构在这三个 Memecoin 上的累计亏损高达 849.3 万美金，尚不确定是否参与了做市🔸PNUT：持有 2146 万枚，成本 $0.3743，浮亏 493.5 万美金🔹ai16z：持有 753 万枚，成本 $0.7446，浮亏 313.3… https://t.co/a1JShknEP6 pic.twitter.com/U9g6huoHl9 — Ai 姨 (@ai_9684xtpa) February 18, 2025 Related: Solana Meme Coin Chaos: Scandals Spark Investor Risk Debate $16 Million Crypto Wager on PNUT, AI16Z, ARC Turns Red…
Arbitrum is now integrated with Rarible, enabling seamless NFT trading while ensuring full creator royalty support. Rarible stopped aggregating orders from other marketplaces to prioritize artist royalties and maintain creator rights in all transactions. Arbitrum has joined Rarible, providing greater chances for the NFT community. Users of Arbitrum-based NFTs can trade and explore directly on Rarible with this integration, guaranteed to keep creator royalties. The key benefits of this Layer 2 blockchain include faster transaction speeds and reduced costs, providing a more efficient experience than other solutions now on the market. Following this latest move, Arbitrum’s native token, ARB, has…
After trading at the same support level over past couple of years, Ethereum price broke down, below $2K for the first time since late 2023. Analysis of Ethereum’s long-term holders showed a great deal of concern as the current Net Unrealized Profit/Loss (NUPL) level stood at 0.38, indicating a shift from hope to fear. Previously, NUPL levels of the same size had indicated significant corrections, such as in May 2022 when NUPL dropped below 0.35 and led to ETH dropping. ETH long-term NUPL | Source: Glassnode If the fear escalates and ETH could continue falling below current levels of support…
Asset manager Grayscale Investments, known for its bitcoin and ether exchange-traded funds (ETFs), said on Tuesday it has launched the Grayscale Pyth Trust, giving investors exposure to PYTH, the governance token of the Pyth network. Pyth provides price feeds that help decentralized applications function efficiently. The network sources pricing information from institutional traders and market makers and delivers updates that are critical for decentralized finance (DeFi) applications. Pyth’s services are particularly crucial in the Solana ecosystem, where 95% of decentralized protocols use the network’s data, Grayscale said. “The Pyth network plays one of the most significant roles in the Solana…
Despite this recent period of strong uncertainty, blockchain-based gaming withstands and continues to evolve, attracting considerable investments and technological innovations. In February, the sector experienced a slight decline in the number of daily active users, recording a decrease of 16% and reaching 5.8 million unique active wallets (dUAW). Despite this decline, user engagement has remained strong, demonstrating the resilience of the sector. Additionally, investments in blockchain gaming have shown impressive growth, with 55 million dollars raised just this month, marking an increase of 243% compared to January. Below, we analyze the main trends that are defining the future of Web3…
Bitcoin’s price movements dominate headlines, but the real story of BTC lies beneath the surface. Beyond technical analysis and price speculation, on-chain data offers an unparalleled view of supply, demand, and investor behavior in real time. By leveraging these insights, traders and investors can anticipate market trends, follow institutional movements, and make>Mastering Bitcoin On-Chain Data Realized Price & MVRV Z-Score On-chain data refers to the publicly available transaction records on Bitcoin’s blockchain. Unlike traditional markets, where investor actions are obscured, Bitcoin’s transparency allows for real-time analysis of every transaction, wallet movement, and network activity. This information helps investors identify major…
Ethereum (ETH) has been on a slow and steady upward trajectory, inching closer to a crucial technical indicator: the 100-day Simple Moving Average (SMA). This level is more than just a line on a chart—it’s a key battleground for bulls and bears, often dictating the next major move. As ETH approaches this critical resistance, speculations on whether this could catalyze a sustained rally or a stumbling block that triggers a pullback arise. The 100-day SMA is a widely followed indicator that reflects the medium-term trend, and its significance cannot be overstated. For Ethereum, breaking above this level could reignite bullish…
A prominent figure in the XRP community, WrathOfKahneman (WOK), recently shared his insights on two approaches to investing in XRP. The two strategies highlight different perspectives on how to approach the asset, focusing on adoption and its utility within the XRP Ledger (XRPL). Approach One: Betting on XRP Adoption Beyond Ripple WOK pointed out that one potential investment approach focuses on the adoption of XRP, particularly beyond Ripple’s ecosystem. This strategy revolves around the belief that XRP could gain wider use across various industries and platforms outside Ripple’s direct effort. Other influential voices in the XRP community, such as Panos…
Bitcoin (BTC) price has been trading below $100,000 for the past two weeks, with technical indicators showing a battle between bulls and bears. Despite attempts at recovery, BTC remains in a consolidation phase, with key resistance levels preventing a breakout. Meanwhile, the number of Bitcoin whales has increased slightly, signaling some accumulation, but remains far below the peaks seen in December and January. Whether BTC can reclaim its bullish momentum or continue facing downward pressure will depend on how it reacts to crucial support and resistance levels in the coming days. Bitcoin Ichimoku Cloud Shows a Consolidation Phase The Ichimoku…
The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week. However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term support. Investors Boost Accumulation By 300,000 ETH At This Price Region – What Could It Mean? In an X post on March 14, Glassnode provided an intriguing analysis of the ETH market highlighting a potential strong support level. Based on the Cost Basis Distribution…