Crypto Whales Go on Buying Spree: Accumulate $16.8 Billion in Bitcoin After Spot ETF Launch

August 31, 2026May 21, 2024 by Vaibhavv Ali

Institutional investors have made a significant entrance into the cryptocurrency market, particularly following the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States. Data indicates that these deep-pocketed investors have shown increased interest in the space, resulting in whales accumulating over $16 billion worth of BTC since the ETFs’ launch. According to insights … Read more

Russia’s Crypto Mining Industry Poised for 20-40% Growth in 2024

August 31, 2026May 21, 2024 by Vaibhavv Ali

According to a report from BitRiver, Russia’s largest crypto mining entity, the Russian crypto mining sector is anticipated to see growth ranging between 20% and 40% in 2024. This information was shared by industry insiders and reported by Overclockers. BitRiver has been a key player in the Russian crypto mining scene and has been actively … Read more

Bitcoin Price Surges Past $71,000 for the First Time in Over a Month

August 31, 2026May 21, 2024 by Vaibhavv Ali

Bitcoin (BTC) has surpassed the $71,000 threshold, marking its first time crossing this milestone since April 12. Presently, it’s trading at $71,200. This notable achievement coincides with a larger market upswing fueled by optimism surrounding the potential approval of a spot Ethereum exchange-traded fund (ETF). The positive sentiment arises from recent statements made by Eric … Read more

Bitcoin Soars in Asia and South America, Hitting New Highs in Local Currencies

August 31, 2026May 21, 2024 by Vaibhavv Ali

Bitcoin, also known as BTC, experienced a significant rise in value, reaching new record highs in various countries across Asia and South America. Following a 7% surge in a single day. Bitcoin reached $71,268, approaching its previous peak in USD.Within a 24-hour period, Bitcoin saw a gain of over 7%, hitting a high of $71,650, … Read more

Dogecoin and Shiba Inu Fear Gauge Neutral: Should You Buy Now?

August 31, 2026May 21, 2024 by Vaibhavv Ali

Shiba Inu and Dogecoin remain popular options for investors as the bull market progresses. However, recent crashes have not only affected their prices but also dampened market sentiment surrounding these meme coins. With sentiment declining for both, it may indicate an opportune moment to reconsider investing in them. Shiba Inu And Dogecoin Fall To Neutral … Read more

Can Litecoin Whales Spark a Price Reversal with their $230 Million Spree?

August 31, 2026May 21, 2024 by Vaibhavv Ali

Recent on-chain data indicates that Litecoin whales have collectively engaged in a buying spree, amounting to approximately $230 million. This significant investment surge suggests a potentially bullish outlook for the coin. Whales of Litecoin Have Lately Seen Net Inflows Into Their Wallets Over the past month or two, the Litecoin whales have seen significant net … Read more

Ethereum Explodes 20% on ETF Buzz!

August 31, 2026May 21, 2024 by Vaibhavv Ali

The price of Ethereum surged by more than 20%, driven by growing optimism surrounding the possibility of an Ethereum Exchange-Traded Fund (ETF). ETH managed to overcome several obstacles and even surpassed the $3,500 resistance level. Ethereum Price Initiates New Bull Run The price of Ethereum established a base and increased above the $3,200 resistance level. … Read more

Cardano Development Surges: Will ADA Price Follow?

August 31, 2026May 21, 2024 by Vaibhavv Ali

Last week, developers working on Cardano (ADA) made significant strides, evidenced by increased development activity on the blockchain. The latest weekly report from the project highlighted the collaborative efforts of various teams. Despite this progress, the price of ADA experienced a downward trend, signaling a bearish turn in its price action. The development of Cardano … Read more

FDIC Chair Martin Gruenberg to Step Down

August 31, 2026May 21, 2024 by Vaibhavv Ali

Martin Gruenberg, the chairman of the FDIC, announced his intention to step down following a damning investigation exposing a toxic workplace culture within the bank regulator. He stated he would resign once a successor is confirmed, emphasizing his commitment to transforming the FDIC’s workplace culture in the interim. The FDIC, an independent U.S. government agency … Read more

Venezuela Bans Crypto Mining to Safeguard Power Grid

August 31, 2026May 20, 2024 by Vaibhavv Ali

Venezuela’s government has taken a significant step by implementing a ban on cryptocurrency mining, citing concerns about safeguarding the national electrical grid. This decision comes in the wake of a crackdown on crypto-related activities, including the confiscation of 2,000 mining devices in Maracay. Venezuela: The energy situation forces the ban on cryptocurrency mining According to … Read more