Author: NBTC
Popular cryptocurrency tracker Whale Alert spreads the word about yet another whale, which stayed dormant since the times of Satoshi Nakamoto, awakening containing Bitcoin worth millions of US dollars. This dormant wallet was reactivated after Bitcoin’s massive plunge on Saturday and its partial recovery since then. Satoshi-time wallet awakens The above-mentioned source revealed that a blockchain address that contains 50 BTC worth $3,314,211 at the time of the tweet publication has been awakened after staying untouched for 14 years. Last time it saw any Bitcoin movements on it was 2010 – the year when the mysterious BTC creator Satoshi Nakamoto…
San Francisco-based company Ripple has announced a tie-up with HashKey DX, a Tokyo-based specialized consulting company in blockchain technology. HashKey DX, which is part of the HashKey Group, provides support for foreign companies that aim to speed up their growth in the Japanese market. The main purpose of the partnership is to roll out enterprise solutions for Japanese customers with the help of the XRP Ledger. They will be launched in collaboration with SBI Ripple Asia, a joint venture between Japanese financial giant SBI and Ripple that went live back in 2018. Notably, SBI Group is going to pioneer this…
In the digital currency realm,pricing trends are often a bellwether for market sentiment, and recent analyses show an intriguing pattern. Despite a shake-up from various market news, Bitcoin’s trading price resiliently remains above the key threshold set by short-term holder (STH) whales. Bitcoin Stays Bullish Above STH Whale Benchmarks As we navigate through the intricate world of cryptocurrency investments, it’s notable that Bitcoin is maintaining a price point well above the Realized Price of whales holding sizeable amounts—over 1,000 bitcoins. The data shows that STH whales have a Realized Price of $60.7K, and yet, Bitcoin steadfastly hovers above this level,…
April 30 (Reuters) – A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service Telegram could bring the cryptocurrency to the app’s estimated 900 million users. Telegram endorsed TON in September last year, saying the blockchain and associated token would be its “official Web3 infrastructure”. Earlier this month, TON said that Tether tokens could also be issued on its blockchain, allowing Telegram users to send the stablecoin to each other within the app. The TON token has surged, reaching as high as $7.63 on April 11, compared with around $2.21 a…
Outspoken gold supporter and Bitcoin skeptic Peter Schiff has made yet another bold prediction regarding Bitcoin’s future price trajectory, highlighting $60,000 as a crucial support level. He asserts that a decisive break below this threshold could establish a ‘triple top’ pattern, paving the way for a decline to $20,000. This figure would signify significant losses for companies like MicroStrategy, which holds substantial Bitcoin investments. However, Schiff’s dire prognosis of a plummet to $20,000 is not only strange but somewhat disconnected from current market trends and the institutional support Bitcoin has gained after the approval of the first Bitcoin ETF. Since…
Shytoshi Kusama, the Shiba Inu lead developer, sees the recently transitioned ShibaSwap DEX as a central hub for “innovators and Shibizens.” In a recent post on X, Lucie, Shiba Inu’s content marketer, raised awareness of Kusama’s reaction to the migration of the ShibaSwap DEX platform to Shibarium. Lead Developer @ShytoshiKusama – “The new #ShibaSwap is a hub for innovators and Shibizens alike. It’s where community tokens thrive, creating a dynamic marketplace filled with unique projects, causes, and #SHIBARMY members.” Are you ready to #BridgeToShibarium?Soon? Post a… pic.twitter.com/Zswg3hZaqq — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 29, 2024 As reported by The Crypto…
Large holders or wallets owning at least 0.1% of bitcoin’s circulating supply are yet to resume accumulation, according to IntoTheBlock. Traders should closely watch the ETF flows on Monday. Bitcoin (BTC) has recovered 3% since hitting lows near $61,000 over the weekend. Whales, however, are yet to buy the positive turnaround aggressively. Blockchain analytics firm IntoTheBlock’s “large holder netflow” indicator shows that addresses owning at least 0.1% of BTC’s circulating supply have added just over 3,000 BTC ($198 million) today. That’s significantly less than the net inflow of nearly 80,000 BTC ($5.3 billion) seen a day after March 20’s dip…
Bitcoin’s (BTC) price has been making mild moves despite the halving that occurred towards the end of April. Thus, institutional investors have moved to accumulate altcoins in the meanwhile to capitalize on the potential bull run that the crypto market could witness once BTC rises. BeInCrypto has analyzed three tokens that have been noted to be of the most interest to these large wallet holders. Cardano (ADA) Whales Add More ADA to Their Holdings Cardano has been noting increasing accumulation at the hands of the whales since November 2023. This buying streak noted a sudden uptick in the last few…
The price correction of Bitcoin that occurred over the weekend brought the RSI to levels not seen since it was around $40,000 USD. In fact, Bitcoin’s daily RSI on Saturday dropped to just over 42 points, a level that had not been seen since January 25th. The RSI index follows Bitcoin’s price correction below 65,000 USD Comparison with previous months The weekend problem The RSI index follows Bitcoin’s price correction below 65,000 USD RSI stands for Relative Strength Index, and it is an index of the relative strength of prices. This is one of the most widely used indices by…
The improvements show that Yuga Labs is heavily investing in game-centric innovation. The group is investigating the possibility of integrating BAYC with other tangible goods. Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became the largest digital collector series in the sector, Yuga Labs has been trying to sell functional products. Solano identified the major upgrades that excite him,…