Posts

Cryptocurrency: Whales Scooped Up These Coins Amidst Market Dip

In the wake of a recent cryptocurrency market drop, a fresh wallet has withdrawn $17.43 million worth of coins from Binance. The move, spotted by blockchain analytics firm Lookonchain, suggests that whale s are taking advantage of the dip to buy a diverse range of altcoins. The substantial withdrawal includes a variety of popular coins, with Avalanche (AVAX) leading the pack at 48,922 tokens, worth approximately $1.86 million. Fetch.ai (FET) follows closely, with 621,003 tokens valued at $1.45 million. Other notable coins in the withdrawal include The Graph (GRT) at 5.14 million tokens ($1.44 million), Polygon (MATIC) at 1.9 million tokens ($1.41 million), and Optimism (OP) at 532,444 tokens ($1.29 million). Also read: Shiba Inu: This Pattern Suggests A SHIB Surge To $0.000045 Which #altcoins did whale s buy after the market dropped? We noticed a fresh wallet withdrew $17.43M #altcoins from #Binance in the past 3 hours, including: 48,922 $AVAX($1.86M) 621,003 $FET($

VALR crypto exchange receives regulatory license as a CASP in South Africa

VALR, the Pantera-backed crypto exchange based in Johannesburg, South Africa announced on April 15 that it has been awarded both a Category I and Category II license by the Financial Sector Conduct Authority (FSCA) of South Africa as a Crypto Asset Service Provider (CASP).  This achievement positions VALR among the initial cryptocurrency asset platforms to secure regulatory approval in both categories in South Africa. The FSCA initiated CASP license applications in June 2023, granting crypto asset providers a six-month window to seek licensure and comply with South African regulations. The regulatory framework established by the South African authority encompasses crypto asset exchanges, wallet providers, custodians, and other financial service providers dealing with crypto assets.  Picks for you 2 silver-backed cryptocurrencies to invest in as demand skyrockets 25 mins ago Cardano smart contracts soar with over 1,000 added in April 49 mins ago Geopolitics

US Loses Control, BRICS Becoming Mouthpiece of Non-Western Countries

Image
BRICS is controlling the decision-making of trade, commerce, and payment settlements across developing countries and not the US. The stronghold of the US among non-Western countries is declining and the vacuum of power is being filled in by BRICS . The alliance is appealing to the majority of developing countries as it’s the only bloc that’s challenging the US dollar. Also Read: US Reacts to Middle East Countries Joining BRICS On the other hand, the US is losing control of global domination as developing countries fear three things: Sanctions US debt Decline of local currencies BRICS Filling The Global Power Vacuum Left By the US Source: Reuters All three economic developments are occurring in real-time, making developing countries stay away from the US dollar. The US Treasury Secretary Janet Yellen confirmed earlier that the White House pressing sanctions on other countries is what led to BRICS and other countries deciding to cut ties with the dollar. Read he

Waiting For The Bitcoin Bull Run To Resume? Here’s The Indicator To Watch For

Image
The bullish momentum of the Bitcoin price has dwindled over the past few weeks, putting the progression of the crypto bull cycle into question. On Friday, April 12, the crypto market witnessed a flash crash, causing the premier cryptocurrency’s value to drop from $70,000 to below $67,000. This latest downturn underscores the struggle of the Bitcoin price to return to its recent all-time high of $73,737, which was forged in mid-March. On-chain analytics platform Santiment has identified a particular Bitcoin metric that may signal the resumption of the bull run. Bitcoin Bull Run May Resume If This Metric Falls In a recent post on X, blockchain intelligence firm Santiment provided an exciting insight into the current cycle and the price performance of Bitcoin. The firm pinpointed the Mean Dollar Invested Age metric as one of the indicators to watch as the market leader moves sideways.

Best Crypto to Buy Now April 12 – Chainlink, Tezos, Helium

Image
This article assesses a selection of top cryptocurrencies based on recent market shifts, updates in blockchain technology, and trending stories. Investors are increasingly exploring alternative coins with the potential for significant returns. This article highlights promising altcoins poised to make a notable impact. For those seeking to anticipate upcoming crypto trends, the following Analysis could provide valuable insights into potential revolutions within the market. Best Crypto to Buy Now Toncoin’s market cap is closing in on that of Dogecoin, as it experienced a 42% surge over the past week. Chainlink has introduced Transporter, a blockchain bridge application. eTukTuk’s presale has raised over $2.9 million, showing increasing interest in TUK. Tezos has announced its integration with Openpad, opening new avenues for decentralized project management and document integrity. 1. Chainlink (LINK) Chainlink recently introduced its blockchain bridge application, Transporter. Th

Gold Price: How Will it React to the Bitcoin Halving?

Image
Throughout the year, both gold and bitcoin have emerged as two primary investment options for traders. Moreover, they have both thrived amid the uncertain macroeconomic factors present. Yet, with the digital asset market approaching, how will the gold price react to the impending Bitcoin Halving ? The Bitcoin Halving event is currently scheduled to take place on April 19th. Moreover, gold has continued to find solid ground, acting as a haven asset and sustaining its $2,330 level amid less-than-positive inflation data. However, the upcoming impact on BTC circulating supply could make it surpass gold as the premier investment option. Also Read: Gold Prices Move Towards Hitting $2,500 in April 2024 Could Gold Price Be Threatened by Upcoming Bitcoin Halving? Throughout 2024, the investment sector has seen both gold and bitcoin emerge as clear winners. The former has reached a plethora of all-time highs dating back to its skyrocketing value in December. Alternatively, BTC r

Ethena Price Prediction: ENA Surges 65% In A Week, But Experts Say This World-First AR/VR Crypto May Be The Best Crypto To Buy Now

Image
The Ethena price rose 4% in the last 24 hours and 65% in a week to trade at $1.35 as of 00:18 a.m. EST on trading volume that dropped 27% to $1 billion. This comes as the team announced an increase in staking rewards in its Season 2 update. With the update, users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will have a 50% increase in their wallets. Today we introduce $ENA into Season 2 in order to more closely align the growth in USDe with $ENA Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive i) 50% increase in their rewards ii) the highest number of rewards per day of any pool pic.twitter.com/zxVmpGZSN6 — Ethena Labs (@ethena_labs) April 8, 2024 Ethena also introduced a Bitcoin purchasing and shorting strategy for yield generation, building on the same approach previously applied to Ether. Ethena Price Set To Sustain Its Surge Within The Rising Channel ENAUSD Chart Analysis After its launch, the Ethe

Solana Price Prediction: SOL Plummets 3% As This 420-Friendly Solana Meme Coin Offers A Last Chance to Buy

Image
The Solana price dropped over 3% in the last 24 hours to trade at $175.58 as of 8:30 a.m. EST as investors dump a portion of their SOL holdings on the market.  This latest drop in price may be nothing more than a minor pullback, as veteran trader Peter Brandt predicts that SOL will outperform Ethereum (ETH) by more than 2x. Brandt highlighted a “huge” resistance level that SOL is currently challenging on the SOL/ETH chart in an Apr. 5 X post. Should the market absorb the large amount of tokens at this barrier, the trader believes SOL will skyrocket.  The $SOLETH chart is at huge resistance. Resistance = supply. If this supply line is absorbed, then there is a prospect of $SOL doubling in value vs. $ETH. BTW, if you have not figured it out yet, I love dumping FUD on ETH — I am actually not as bearish as my FUD indicates pic.twitter.com/jCiOey7SyU — Peter Brandt (@PeterLBrandt) April 5, 2024 The Solana Price Might Break Out To The Upside Soon 4-hour chart for SOL/USDT (Source:

Funding rates remain high on BTC amid market dip, while $RBLZ could be primed for big gains

Image
TLDR Funding rates have soared recently and could affect the bullish trajectory of Bitcoin (BTC). Yet many market analysts believe BTC can rebound by the end of the year to reach a price of $98,190. Several experts have suggested Rebel Satoshi ($RBLZ) could be one of the best crypto investment opportunities right now amid a broader market dip. Soaring Bitcoin funding rates on perpetual futures contracts hint at the possibility of an imminent price correction phase for Bitcoin ( BTC ) in the upcoming weeks. Meanwhile, some experts believe Rebel Satoshi’s $RBLZ could be one of the best ICO choices for investors to make 10x gains amid a broader market dip. Let’s discuss what’s driving the optimism around $RBLZ and find out if it is the best crypto to invest in now. Bitcoin funding rates soar; Is price correction imminent? Bitcoin has witnessed significant growth in 2024, reaching its all-time high (ATH) of $73,750 in March. However, the momentum was not s

Velo and Solana partner to establish a clearing house for Laos’ Digital Gold

This strategic initiative aims to expand Laos’ Digital Gold user base. Solana will act as the blockchain settlement layer. Velo will be responsible for securely validating transactions. Velo and the Solana Foundation have signed a Memorandum of Understanding (MOU) to establish a clearing house for transactions related to Laos’ Digital Gold. Under the signed agreement, Solana will act as the blockchain settlement layer, while Velo will serve as both the backbone infrastructure layer and the designated clearing house . Velo’s role involves validating transactions securely, upholding trust, and ensuring the smooth execution of contractual obligations. The MOU also includes plans to enhance interoperability between Solana’s L1, Nova, and EVM-compatible chains, promoting connectivity and accessibility across different blockchain networks. Furthermore, the partnership entails implementing liquidity management protocols, including on-ramp and off-ramp facili

1 Cent Dream: Shiba Inu Member Forecasts SHIB To Reach $0.01

Image
The 1 Cent dream is alive and kicking as millions of Shiba Inu investors want the cryptocurrency to hit the $0.01 mark. If SHIB reaches 1 Cent, the majority of present day holders will turn into millionaires and lead a comfortable life. The journey to reach there is long and rough with several obstacles coming along the way. Also Read: Shiba Inu: New Prediction Indicates SHIB To Rise Another 220% Despite all the odds, SHIB investors firmly believe the cryptocurrency will breach $0.01 in their lifetime by hook or crook. Such strong is their belief in the token and it commands a larger-than-life fanfare by investors in the cryptocurrency market. A Shiba Inu team member touched upon the $0.01 topic recently mimicking the community’s 1 Cent dream milestone ideals. Also Read: New Prediction Indicates Dogecoin To Reach $2 to $3 The 1 Cent Dream: Shiba Inu Team Member Talks About SHIB Hitting The $0.01 Mark Source: Freepik.com Shiba Inu’s marketing specialist LucieSHIB rev

New Cryptocurrency Releases, Listings, & Presales Today — Love Power Coin, Frictionless, MetaShipping 

Image
InsideBitcoins provides curated selections of new cryptocurrency releases, listings, and p resales , spotlighting promising prospects within the crypto sphere. Tokens such as  Love Power Coin, Frictionless, and MetaShipping  are gaining traction due to their perceived potential. This Analysis dives into their tokenomics, use cases, partnerships, and other vital attributes that position them as attractive investment opportunities. New Cryptocurrency Releases, Listings, & Presales Today 5th Scape is set to transform the VR gaming industry with innovative offerings that promote direct mind-to-mind connections. During its Presale Stage 4, the project has surpassed $4 Million, almost hitting the $5 Million mark. Additionally, Frictionless plans to announce partnerships with legacy market makers. These collaborations will harmonize and enhance tool development through industry feedback and expertise.  However, these updates don’t summarize what is happening in the cryptocurrency mark