Author: NBTC
In a significant development within the crypto market, a notable transfer of 250 million Dogecoin (DOGE), valued at approximately $20.67 million, has been observed today. The transaction, originating from prominent U.S. brokerage Robinhood and directed to an undisclosed wallet, has garnered attention within the digital currency community. Whale Alert, a platform tracking large crypto transactions, brought this transfer to light, prompting speculation regarding its implications. 🚨 150,000,000 #DOGE (12,404,079 USD) transferred from #Robinhood to unknown wallethttps://t.co/uhpUXARgIO — Whale Alert (@whale_alert) February 13, 2024 Although the exact intent behind the transfer remains speculative, one may assume potential involvement from institutional or…
Bitcoin hits $51k as bulls roar into life: Will BTC reach new ATH before halving? Bitcoin (BTC) price skyrocketed past the $51,000 level on Wednesday morning, recouping all losses suffered as the benchmark crypto mirrored stocks on Tuesday. The gains have seen the pioneer crypto reach a market capitalization of $1 trillion, a milestone last seen in December 2021. According to data from CoinGecko, the price of Bitcoin hovered around $51,500 early morning on February 14. The BTC/USD pair traded more than 2% up across major cryptocurrency exchanges, with prices on Coinbase having shot to an intraday high of $51,708…
Lookonchain, the smartmoney on-chain platform, has reported significant ETH transfers involving crypto whales and the embattled crypto lender Celsius. According to Lookonchain, Celsius appears to have continued with the recent practice of making significant deposits to centralized exchanges. Whales are accumulating $ETH today, with a total of 26,841 $ETH($64.5M).0x55C1 withdrew 7,779 $ETH($18.7M) from #Binance 2 hours ago.https://t.co/k5s2t0kKec0xDa17 and 0x278f (possibly the same person) withdrew 8,077 $ETH ($19.4M) from #Bitfinex.https://t.co/CyfU4ZMcV8… pic.twitter.com/YDJqpeTLTU — Lookonchain (@lookonchain) January 22, 2024 The smartmoney on-chain platform posted details of large ETH withdrawals from some top exchanges in the last 24 hours. It reported that a whale…
MAVIA, the native cryptocurrency of the free-to-play Web3 mobile game Heroes of Mavia, has made strong gains surging 30% in the last 24 hours and hitting a high of $8.59. At press time, the MAVIA price is up 12.78% currently trading at $7.76 with a market cap of $232 million. Interestingly, the MAVIA price is already trading at 170% gains since its inception on February 6. Whale Frenzy Drives MAVIA Price Rally On-chain analytics platform Spot-on-Chain reports that an Ethereum wallet identified as 0x82886ad5e67d5142d44ed1449c2e41b988bfc0ab recently made significant purchases of MAVIA tokens, totaling over 12,000 tokens valued at $100,000 USDC across…
Over the last few months, investor sentiment towards individual cryptocurrencies has favored Ethereum (ETH) over Bitcoin (BTC). However, the release of the first-ever spot exchange-traded funds (ETFs) for BTC has changed the balance of market forces, and now there is a much more bullish positioning towards the oldest cryptocurrency. This is especially true as its price has reached the highest levels in two years, exceeding $50,000. Spectrum Markets, a pan-European trading venue, released data showing diverging sentiment among retail investors regarding Bitcoin and Ethereum cryptocurrencies in January 2024. The company’s Spectrum European Retail Investor Index (SERIX) for Bitcoin rose to…
In a surprising move that has captured the attention of the cryptocurrency community, an Ethereum (ETH) whale has orchestrated a series of transactions involving major exchanges, moving a staggering $46.02 million in ETH over the past two days. The entity, utilizing a network of eight wallets, withdrew funds from Binance and Bitfinex before staking with Lido, a liquid staking solution. Blockchain analytics platform Spot On Chain first brought attention to the substantial transactions through a tweet, revealing intricate details of the massive ETH movement. The whale withdrew the Ethereum holdings from crypto exchanges Binance and Bitfinex at an average price…
The financial firm YieldMax has reportedly submitted an application to the Securities and Exchange Commission (SEC) to launch a Bitcoin options income strategy ETF (YBIT) on the New York Stock Exchange. As per the Chinese reporter Colin Wu, YieldMax’s recent move involves a “synthetic covered call strategy ETF based on other spot Bitcoin ETFs.” YieldMax has submitted an application to the U.S. SEC and plans to launch a Bitcoin options income strategy ETF (YBIT) listed on the New York Stock Exchange. This ETF is a synthetic covered call strategy ETF based on other spot Bitcoin ETFs.https://t.co/jIhqwNg0zc — Wu Blockchain (@WuBlockchain)…
Shiba Inu has continued to succumb to the resistance around $0.00001 despite on-chain data showing remarkable growth in weekly active and newly registered addresses. As the broader crypto market enjoys a relief rally on the back of Bitcoin’s (BTC) rally above $50,000, investors have shown significant interest in Shiba Inu. Shiba Inu Active Addresses Surge This growing interest in Shiba Inu is reflected in a spike in the number of new and active addresses over the past week. On-chain data from IntoTheBlock (ITB) suggests that the number of new registered Shiba Inu wallets has increased by 4.76% since last week.…
On February 13, BlackRock’s Bitcoin ETF reached over 100,000 BTC under management. In fact, this milestone made it the first US spot Bitcoin ETF to surpass $1 billion in inflows, with $493.1 million coming in on that day alone. This achievement underscores the growing traction of Bitcoin as a legitimate asset class in the eyes of institutional investors. BlackRock’s Bitcoin ETF Makes New Records Data from K33 Research unveiled that BlackRock’s Bitcoin ETF – iShares Bitcoin Trust (IBIT) – has surged past 100,000 Bitcoin under management. IBIT has notably become the first US spot Bitcoin ETF to surpass the $1…
YouTube channel Discover Crypto’s host has spotted signals that could lead to a 10-time rally on Ethereum in the next year. In a recently uploaded video, the host used Ethereum’s historical behavior to interpret the current trend, highlighting that a significant bull run could be close. According to the Discover Crypto host, Ethereum broke out of long-term horizontal resistance to kickstart the previous bull cycle. Using the ETH/USD daily chart on TradingView, the host showed that the horizontal resistance channel lasted approximately 1,029 days. He noted that the flagship altcoin surged rapidly shortly after the breakout. The channel host showed…