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Ethereum has made a notable rebound, surpassing the $3,600 mark today, fueled by reports of whale accumulation of ETH tokens. According to data from Lookonchain, significant withdrawals from exchanges have been observed, indicating whale activity. One such example is wallet address 0xACc7, suspected to be associated with Matrixport, which withdrew 22,251 ETH ($80.06M) from exchanges in the past...
Bitcoin has surged back to the $70K mark, marking a significant rebound, even amidst a negative US Consumer Price Index (CPI) report indicating a 3.5% inflation rise in March.  This unexpected inflation increase initially led to a drop in equities markets, but the crypto markets displayed resilience, recovering well after Bitcoin briefly dipped to $67.5K just before the CPI results were announced...
BEFE is one of the new players revolutionizing the cryptocurrency industry positively. It has taken the crypto market by storm and has become the hottest crypto of the week. A reason for the fast-growing attention is that BEFE coin enjoys unique features that make it exceptional compared to other meme coins, and this has kept it on the radar of investors globally. BEFE has outperformed many meme...
Amidst the ocean of very dynamic cryptocurrency projects and innovations, Bitgert is a project with very evident growth and potential. It is exploding onto the scene as a favorite with the highest and cutting-edge solutions. Now, let’s look at what makes Bitgert stand out. The Bitgert Ecosystem Bitgert is an outstanding crypto initiative aspiring to bring radical changes into the blockchain space...
Meme coins are hot again, and a newcomer, Raboo, is topping the list of hot meme coins for 2024. It eclipses MAGA and the Pepe Coin price predictions this year despite these two established projects enjoying excellent performance in Q1 2024. While MAGA and Pepe Coin prices rise, meme coin enthusiasts have been drawn to the Raboo presale, which recently launched at just $0.0036. As analysts...
Solana (SOL), once a rising star among cryptocurrencies, is facing a critical test. Core developers are scrambling to fix network congestion issues that have emerged as the platform’s popularity skyrocketed. The source of the problem, according to many, is the QUIC protocol implementation, struggling to keep pace with the surge in demand. This isn’t the first time Solana has faced scalability...
The cryptocurrency ecosystem has made advancements over the years and is no longer on the same level it was when the first Bitcoin was created. Projects keep springing up consistently; some perform well, while the opposite can be said of others. However, one coin that has gotten the massive attention of the industry is Bitgert due to the escalating demand for its coin and services. This demand...
As the Bitcoin halving event and spot ETF approval date draw closer, Ethereum is in a critical position. With a very low likelihood of receiving approval, despite much attention being directed at the surging price of Bitcoins, Ethereum enthusiasts are anxiously waiting to know what the future holds for their preferred digital asset. While interest in an Ethereum ETF is declining, investors are...
Over the past day, the governance token of the Maker Protocol, MKR, has faced a downturn, with its value dropping by up to 8%. On the weekly chart, the decline extends to 13%. Despite this bearish trend, insights from Spotonchain, an on-chain data tracking platform, shed light on an interesting development: whales and institutions are seizing the opportunity to accumulate MKR during the dip....
Ethena, a crypto-native solution built on the Ethereum blockchain, continues to impress as it achieves new all-time highs, reaching $1.497 with a remarkable 15% gain today alone. In a flurry of recent activity, two Wintermute addresses received a substantial amount of ENA tokens from the Ethena project, totaling 8.43 million ENA, valued at $10.3 million. Wintermute, holding 21.82 million ENA and...