In a significant move reflecting growing confidence in the cryptocurrency market, a Bitcoin (BTC) whale has made a substantial purchase. According to a recent tweet by Lookonchain, the unidentified investor acquired 1,590 BTC from Binance, valued at approximately $106.8 million. This transaction occurred within the past 24 hours, highlighting a surge in market activity. Notably,…
Technical and fundamental analysis of Gold – May 19 If you switch your timeframe to weekly, you will notice that the global gold ounce, after two weeks of decline, has been green and upward for the second consecutive week and has managed to fly above $2422.In fact, the global gold ounce was able to increase by…
The Bored Ape Yacht Club’s (BAYC) recent unveiling of 3D models marks a critical turning point in the NFT world, paving the way for an immersive future. As Bored Apes venture into three-dimensional spaces, other NFT projects are evaluating their strategies in this fast-evolving environment. Pioneering projects like Kid Called Beast are already harnessing the power…
Amidst the multiple backslashes that the EigenLayer protocol has received over its EIGEN token distribution, Ethereum researcher Justin Drake has taken to X to offer some disclosure. Perks of an EigenLayer Advisor Drake confirmed that he recently became an advisor to the Eigen Foundation. This is in addition to the two other Ethereum Foundation staff…
A closely followed crypto analyst thinks that market participants are too pessimistic about the odds that regulators will green-light a spot Ethereum (ETH) exchange-traded fund (ETF). Pseudonymous analyst Altcoin Psycho tells his 501,800 followers on the social media platform X that people are not bullish enough on ETH right now. “Markets 100% underestimating odds of…
Over the last seven days, the non-fungible token (NFT) market saw sales reach $145 million, reflecting a decline of over 9% from the previous week. This downturn continues a trend of falling sales over recent weeks, with four out of the top five blockchains by sales volume seeing decreases during this period. Last week, as…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to…
Today’s market session has seen bulls loose out to bears as evidenced by the drop in the global market cap. The total cap stood at $2.43T as of press time, representing a 0.24% drop over the last 24 hours while the trading volume stood a $47.15B, a 28.5% decrease over the last 24 hours. Bitcoin…
There are few stocks on the TSX today that have seen the rising share price enjoyed by Cameco (TSX:CCO). And I’m not talking about a short-term rise. Cameco stock seems to have staying power, with shares up 84% in the last year and 402% in the last five years! Yet, given its recent earnings results…
The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a lower-than-expected inflation rate in the United States. According to the latest CryptoQuant weekly report, bitcoin’s latest rally has also been sustained by a recent decline in selling pressure. However, demand for the cryptocurrency has yet…