The cryptocurrency market has been known for its volatility, and as it continues to experience dips and unpredictable movements, large investors are still actively involved in the space. Data intelligence firm Santiment recently conducted an analysis revealing the top ten crypto projects that have seen a significant increase in whale activity. These whales are investors
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Toncoin (TON) has experienced a significant downturn in its price, dropping by 40% from its peak in June. This sharp decline has left a large portion of investors at a loss, with nearly 80% of holders currently seeing their investment in the red. The negative news surrounding the arrest of Pavel Durov, the founder and
The recent data on Bitcoin Unspent Transaction Outputs (UTXOs) in profit indicates a significant decline, reaching its lowest point in the year. This decline is in line with the current downward trend in Bitcoin’s price and the broader cryptocurrency market. According to analysts, this could signal an upcoming massive rally in the market. The analysis
The recently released US jobs report fell short of expectations as the anticipated 160,000 job positions were not met. This news created uncertainty in the market, leading to a surge in Bitcoin price to $57,000. The lackluster job growth numbers highlighted concerns about the direction of the US economy and shed light on what actions
The cryptocurrency market is highly influenced by news, trends, and community discussions on various topics. Understanding these narratives is crucial for investors looking to make informed decisions that can safeguard their portfolios and investments in digital assets. Santiment, a crypto research and intelligence platform, has identified several key narratives that have shaped the market dynamics
The Future Forward USA PAC, which supports Vice President Kamala Harris’ presidential campaign, has recently announced that they are now accepting cryptocurrency donations through Coinbase Commerce. This decision comes after a clarification was made following comments made by Coinbase’s Chief Financial Officer, Alesia Haas, during Citigroup’s 2024 Global TMT Conference in New York. Initially, there
Ripple has recently expanded its University Blockchain Research Initiative (UBRI) program to include South Korea’s prestigious Yonsei University. This collaboration marks the 58th partnership for Ripple’s global UBRI program, with 12 of them being in the Asia Pacific region. Yonsei University will engage in a long-term research effort focusing on blockchain technology, including artificial intelligence,
The recent charges levied by the U.S. Securities and Exchange Commission against Galois Capital, a crypto-focused advisory firm, highlight a crucial failure in ensuring that client assets were custodied with a qualified custodian. The SEC’s investigation revealed that Galois failed to uphold this fundamental responsibility, instead opting to hold the crypto assets with unqualified platforms
Bitcoin’s recent drop below $56,000 has raised concerns among investors, with Arthur Hayes predicting a potential further decline to $50,000. Hayes, the co-founder of BitMEX, pointed to broader macroeconomic factors such as the Federal Reserve’s actions and the dynamics of the US Treasury market as reasons for his bearish outlook. He highlighted the rise in
Recent data from CryptoQuant’s Ethereum Exchange Reserve metric has raised concerns within the cryptocurrency market. The metric, which monitors the amount of ETH stored in exchange wallets, has shown a noticeable increase. This uptick suggests that traders are moving their Ethereum onto exchanges in anticipation of selling, potentially adding to supply pressure and contributing to