Author: NBTC
A prominent cryptocurrency whale has strategically bought 5,000 ETH, valued at approximately $11.46 million, during the recent market dip. The accumulation occurred over the past two days, indicating the whale’s confidence in Ethereum’s long-term potential despite short-term volatility. A smart whale bought 5,000 $ETH($11.46M) at the bottom again in the past 2 days!The whale bought 5,200 $ETH at an average price of $1,322 in November 2022.Then sold it at an average price of $2,093 in January, December 2023, and January 2024, making more than $4M!… pic.twitter.com/yTKB12dU4i — Lookonchain (@lookonchain) September 9, 2024 This isn’t the whale’s first major move. In…
This article highlights how Shiba Inu could record a jaw-dropping rally to $1.2. The ongoing mild recovery across the broader market is reflected in Shiba Inu’s price, which has surged 6.56% in the daily chart. Amid the mild recovery, Shiba Inu surged above the $0.000015 territory in the late hours of yesterday. Following its remarkable performance, several market watchers and analysts have issued favorable projections for the dog-themed token. CoinW Predicts SHIB Could Hit $1 As reported this week, leading crypto exchange CoinW hinted that SHIB’s price could soar by a whopping 7,627,665% to $1. CoinW made this forecast alongside…
Popular Solana NFT collection Claynosaurz and the 3D animation studio behind it are expanding into gaming. On Thursday, the makers of Claynosaurz announced a collaboration with leading game publisher Gameloft to develop a mobile game based on the brand. While specific details about the game have yet to be fully revealed, the development team hinted that it will combine elements of a “choose your own adventure” experience with gameplay reminiscent of hit location-based game, Pokémon Go. The game will be available on both Android and iOS platforms. Initially launched as NFT collectibles on Solana in 2022, the digital dinosaur characters…
The relationship between Solana (SOL), a top-tier layer-one (L1) blockchain, and FTX and its sister firm, Alameda Research, continues to this day, nearly two years after its collapse. As the defunct cryptocurrency exchange prepares to repay the distressed investors beginning the upcoming fourth quarter, the company is expected to expedite its Solana sales to cover the needed funds. Moreover, the court ordered FTX to repay the credit up to $16 billion, which the company intends to facilitate in stablecoins. As Coinpedia previously reported, FTX has already begun receiving stablecoins, despite the possible legal hurdles from the US SEC on the…
Recently, over 40,000 $ETH (worth around 92 million) has been withdrawn from derivative exchanges, according to CryptoQuant. This means more Ethereum is being taken out of these exchanges than is being deposited. This trend can affect the market, as it might indicate that people are choosing to hold onto their ETH rather than sell it. Negative netflow exceeding 40,000 $ETH on derivative exchanges“Indicates that more ETH is being withdrawn from Derivative Exchanges, which might suggest reduced selling pressure.” – By @3AMRTAHA_ Full post 👇https://t.co/5v0PWwq9Mw pic.twitter.com/MrE4zRNQro — CryptoQuant.com (@cryptoquant_com) September 9, 2024 Large $ETH Withdrawals Point to Declining Bearish Sentiment in…
Dogwifhat whale reinvests $35M, doubling down on WIF after $68M profit. WIF surged 17.69% in a week, attracting major investment from its largest holder. WIF sees bullish trends, with shorts liquidated as whale increases stake. The cryptocurrency market is heating up, and Memecoins are leading the charge. Among them, Dogwifhat (WIF) is standing out with an impressive price rally. Over the past week, WIF has surged by 17.69%, catching the attention of many investors. What’s even more intriguing is the move by the largest Dogwifhat (WIF) holder. This major player, who has already earned over $68 million in profits, is…
Binance has announced that it will support the network upgrade and hard fork for Firo (FIRO) which will begin on September 16, 2024 at approximately 07:00 UTC. Binance to Support Firo (FIRO) Network Upgrade and Hard Fork As part of this process, Binance will temporarily suspend token deposits and withdrawals on the Firo network to ensure a smooth transition and optimal user experience. The Firo network upgrade and hard fork will occur on the same day at around 08:00 UTC at block height 958,655. One of the biggest changes in this upgrade is that all future halvings for FIRO tokens…
Key takeaways Ethereum Name Service price prediction suggests a peak price of $21.57 in 2024. By 2027, ENS could see significant growth, with predictions suggesting a potential maximum price of $73.25. ENS could achieve its highest price yet, reaching up to $235.70 by 2030. Ethereum Name Service is a network that allows crypto-enthusiasts to rename their crypto addresses into something more uncomplicated for them to remember easily. Renaming crypto addresses through ENS will enable users to recollect and write them quickly. Even though Ethereum Name Service is based on the Ethereum blockchain, it uses its cryptocurrency, ENS. ENS is used…
The debate over the impact of the Ripple On-Demand Liquidity (ODL) product on the price of XRP has been a contentious topic. Mickle, a notable wealth advisor and market commentator, recently took to social media to dispel what he considers to be “persistent misinformation.” According to Mickle, the notion that Ripple’s ODL product does not affect XRP’s price has flaws. His argument suggests that ODL plays a significant role in driving up the value of XRP, contrary to claims that the buy and sell dynamics involved in ODL transactions cancel each other out. The Role of ODL in XRP Price…
OKX has announced its decision to delist several margin trading pairs, including KISHU/USDT, in an effort to increase market liquidity and improve the overall trading experience for users. OKX to Delisting KISHU Margin Trading Pairs for Better Market Liquidity The delisting schedule is as follows: Debt Stop Feature: September 12, 2024, 09:00 Delisting Time: September 19, 2024, between 10:00 and 12:00 During the delisting, OKX will suspend margin trading and flexible lending services for the affected pairs. Open margin orders will be cancelled and the suspension of each pair will last approximately one hour. Users with ongoing debts or collateral…