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
Bitcoin, the most well-known cryptocurrency, has not been performing as expected this year. Despite initial predictions of a steady increase in price and a strong bull run, Bitcoin has faced severe declines, pushing its price below the $60,000 threshold. The prolonged bearish performance of Bitcoin has raised concerns among crypto analysts, with some warning of
The US Securities and Exchange Commission (SEC) Commissioner, Mark T. Uyeda, recently highlighted the need for the development of specialized S-1 registration forms tailored to digital asset securities. Speaking at the Korea Blockchain Week 2024 event, Uyeda emphasized the importance of updating the SEC’s regulatory tools to effectively address the unique characteristics of digital assets.
Binance CEO Richard Teng did not hold back in his condemnation of the Nigerian government’s treatment of Tigran Gambaryan. The American executive, who has been held in custody since February, was shown in a viral video struggling to walk into a courtroom. Teng’s plea for Gambaryan’s freedom for medical treatment and to be with his
In recent times, the cryptocurrency market has experienced a decrease in whale activity across major assets like Bitcoin and Ethereum. According to Santiment’s latest analysis, transactions valued at over $100k have seen a noticeable drop. For example, Bitcoin went from 115.1k high-value transactions during March 13-19 to just 60.2k by August 21-27. Ethereum followed a
Recently, the renowned crypto analyst known as the ‘Titan of Crypto’ shared with his 90,000 followers on Twitter a unique technical pattern that has never been witnessed before. This pattern involves the formation of a golden cross between the 100-day moving average and the longer 200-day moving average. A golden cross is typically seen as
The Open Network and its native token, TON, recently experienced a significant drop in price. The price plummeted by over 90% in just a few minutes on CoinMarketCap. This sudden crash saw TON’s value decrease from $5.2 to around $0.3. Despite the alarming drop, this issue was not directly caused by Toncoin or its team.
Season 1 of MetalCore is bringing a plethora of exciting new features and gameplay improvements that promise to enhance the overall gaming experience. One of the most anticipated additions is the introduction of two new mission types: PvP bounties and PvE raids. These new missions will provide players with challenging content that requires both skill
In recent months, Ethereum has failed to meet the expectations of traders, with its price plummeting by 23% over a 30-day period. This bearish trend has dashed the hopes of many ETH investors who were anticipating a surge in price following the launch of Spot Ethereum ETFs. Despite the current downturn, a closer look at
The Crypto Wealth Report 2024 by Henley & Partners has revealed a significant surge in the number of individuals holding over $1 million in digital assets, with a staggering increase of 95% to 172,300. This growth is parallel to the booming crypto market, which has witnessed a remarkable rise in its total value to $2.3