Data from CryptoQuant shows daily Bitcoin deposits from wallets under 0.1 BTC fell from 552 BTC to just 92 BTC. New data has revealed a steep drop in activity from small-scale Bitcoin (BTC) investors on major trading platforms, with Binance experiencing an 80% collapse in daily deposits from this group since early 2023. Some…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is showing renewed fragility as price struggles to reclaim the $110,000 level, putting bulls on the defensive and exposing the market to further downside risk. Selling pressure has been building across the market, and BTC now finds itself probing lower demand…
Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital…
Key Takeaways Bitcoin whale moved 13,004 BTC in October, including $132M to Kraken, signaling renewed bearish positioning. The large BTC transfer is seen as a bearish signal and coincides with broader whale activity across exchanges. Share this article A prominent Bitcoin whale known for its short positions on Hyperliquid has resurfaced, offloading 13,004 BTC in…
Sygnum Bank’s fourth quarter outlook sees crypto markets under macro pressure, but Ethereum may be positioning for a major rally. Summary The crypto bull market is on thin ice, says the latest Sygnum report Macro pressure crushed the altcoin rally that traders expected While most are looking at Bitcoin, Ethereum may be preparing for a…
A painful decline or a renewed rally: what’s next for HYPE? HYPE – the native cryptocurrency of the decentralized exchange Hyperliquid – was among the crypto sensations this summer, reaching an all-time high price of almost $60 in mid-September. However, its valuation has retraced substantially since that peak, and one popular analyst believes the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s Chief Technology Officer, David Schwartz, has clarified that XRP’s core purpose is to give individuals direct control over their money. In a recent post on the social media platform X, Schwartz highlights how XRP is not intended to replace banks but…
Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that another one in December was “not a foregone conclusion,” combined with the absence of economic data due to the ongoing government shutdown, appears…
Key Takeaways A previously inactive (dormant) Bitcoin whale deposited 2,300 BTC (about $250 million) to Paxos. The whale still holds over 32,000 BTC, valued at $3.4 billion. Share this article A dormant Bitcoin whale deposited 2,300 BTC on Paxos, a regulated blockchain firm focused on issuing stablecoins and managing digital asset transfers. The whale maintains…
Strategy added 397 Bitcoin, continuing its relentless accumulation strategy despite market volatility. The company said it sold $69.5 million in various stock classes to fund the $45.6 million purchase at an average price of $114,771 per BTC. Summary Strategy acquired 397 Bitcoin between Oct. 27 and Nov. 2, bringing its total holdings to 641,205 BTC….
