Like Bitcoin and many other cryptos on the market, Ethereum has seen a price drop all the way down to $3,170 in the past seven days. The crypto market has been in a steady decline following the recent macroeconomic situation worldwide, but prominent analysts predict that ETH will nearly double following Donald Trump’s inauguration on…
Within the past week, an aggressive accumulation of 420 billion PEPE tokens in two transactions worth 3.13 million USDT has been made by a crypto whale identified as “cookislandstrust.eth”. This strategic move, starting at the height of the market dip on August 5, has returned a profit of $170,000—equating to a 5.5% gain. Related Reading…
Substantial Bitcoin (BTC) transfers have been reported again, often setting the stage for market speculation. Over the past 24 hours, there have been two significant BTC transactions. This transaction has sparked debate within the crypto community, especially since it comes shortly after the US Federal Bureau of Investigations (FBI) warned crypto firms that funds associated with…
An anonymous Bitcoin wallet holding 1,005 BTC recently woke up after 13 years of dormancy. This dormant wallet was one of the earliest Bitcoin wallets created, having received its first 1,000 BTC transaction in November 2010, just a little over a year after the Bitcoin mainnet launched. During this time of Bitcoin’s humble beginnings, its…
After 14 years with no movement, a Satoshi-era Bitcoin wallet awoke this week. The wallet, whose owner is unknown, moved two batches of 40,000 BTC each—valued at over $9.5 billion at Bitcoin’s current price. One of these batches went to a wallet associated with institutional crypto firm Galaxy Digital, suggesting the tokens could already be…
The crypto verse has recently witnessed a massive splash as an unidentified entity dove deep into the Ethereum ecosystem. A recent report from Lookonchain reveals that in a span of 24 hours, the whale has purchased $10 million worth of Lido Staked Ethereum (stETH). The Big Purchase And Past Activities Lookonchain, an on-chain analytics firm,…
An Ethereum whale was recently revealed to have made $16 million from a single trade involving the second-largest crypto token by market cap. This whale’s story again highlights how conviction in an investment can be very rewarding in the crypto space. How This Ethereum Whale Made $16 Million In A Single Trade On-chain analytics platform…
For the longest time, Bitcoin has been deemed useless by mainstream economists, investors, and others. LendingTree Chief Economist Tendayi Kapfidze told Yahoo Finance in an interview that he thinks Bitcoin is a “pyramid scheme,” citing his sentiment that you can “only make money [with BTC] based on people who enter after you.”But, a recent transaction…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
The Dogecoin price has been put in a perilous position once more after a DOGE whale made a massive transaction to an exchange. The transaction which was flagged by a DOGE community member has raised eyebrows in the space and could possibly be putting sell pressure on the altcoin. Dogecoin Whale Transfers Full Balance To…