Lookonchain, a cryptocurrency analysis platform, has observed increased whale activity in certain altcoins recently. Analysts reported that a cryptocurrency whale purchased $4.3 million worth of Arbitrum (ARB) tokens hours ago at an average price of $1.03. This whale has been actively trading Arbitrum since July 18, 2023. The data reveals that the whale wallet has … Read more
Over the past 24 hours, the trading volume of Cardano (ADA) surged by approximately 41.95%, reaching $461.96 million, indicating a notable uptick in interest in the cryptocurrency. ADA has emerged as one of the beneficiaries of the recent cryptocurrency market rally. Charles Hoskinson, the founder of Cardano, celebrated ADA’s ascent by sharing a video highlighting … Read more
Ripple’s Q1 2024 XRP Markets Report, published on May 17, 2024, highlights substantial progress within the XRP markets and the wider cryptocurrency landscape. In Q12024, Ripple Trading Volumes Rise Despite Regulatory Inspection The research highlights a notable 40% rise in Ripple trading volumes to $865 million in Q1 2024 compared to Q4 2023, highlighting a … Read more
Despite widespread skepticism from crypto analysts and the larger crypto community regarding the approval of spot Ether exchange-traded funds (ETF) by the United States Securities and Exchange Commission (SEC), some analysts are suggesting that there might be room for a surprise. Crypto trader Matthew Hyland, in a post to his 142,000 followers on May 17, … Read more
Notcoin (NOT) achieved a noteworthy milestone by swiftly climbing into the top 10 cryptocurrencies in terms of daily trading volume following its listing on major centralized exchanges on May 16. Within a mere 24 hours, NOT surged to the eighth position, boasting a remarkable trading volume surpassing $1.4 billion. Despite experiencing an initial price decline … Read more
Bitcoin (BTC) has witnessed a notable surge in trading volumes, particularly in its new institutional investment products. Approximately 1,000 companies in the United States have reportedly purchased Bitcoin exchange-traded funds (ETFs). According to data from research firm Santiment shared on X (formerly Twitter) on May 16, daily spot Bitcoin volumes have exceeded $5 billion. Bitcoin … Read more
On May 16, there was a notable increase in inflows for the US spot Bitcoin ETF, reaching $257 million. This surge can be attributed to the rising optimism and enthusiasm surrounding Bitcoin ETFs. Inflow Into Spot Bitcoin ETF Hits $257 Million in the US HODL15Capital data shows that Bitwise experienced a sizable net influx of … Read more
Bitpanda, a cryptocurrency exchange based in Europe, has disclosed its financial performance for the year 2023, revealing a resurgence in profitability following a period of substantial investments. Following substantial investments made in the company during 2022, Bitpanda experienced notable growth throughout 2023 and anticipates continued expansion in the initial quarter of 2024. Growth in revenue … Read more
Bithumb, a prominent cryptocurrency exchange in South Korea, revealed its intentions to introduce Bonk (BONK) and Zeta Chain (ZETA) to the Korean won market commencing May 16, 2024. Zeta Chain (ZETA) and Bonk (BONK) to be listed on the Korean Won MarketZeta Chain (ZETA) trade will start at 21:00, and Bonk (BONK) trading will start … Read more
In the recent 13F filings with the United States Securities and Exchange Commission (SEC), over 600 firms have disclosed substantial investments in the spot Bitcoin ETF. The chief investment officer of cryptocurrency asset management firm Bitwise predicts that by the May 15 deadline, close to 700 professional companies will have collectively invested $5 billion in … Read more