Despite the dual shocks of the “Black Saturday” geopolitical escalation in Iran two weeks ago, combined with a disappointing United States Non-Farm Payrolls (NFP) print showing the loss of 92,000 jobs, the $60,000–$64,000 floor for bitcoin has demonstrated unexpected resilience. Oil prices moving nearly 80 percent higher since then will likely play a role in…
Institutional investors are accumulating Ethereum (ETH), XRP and Solana (SOL) investment products as the new year begins. According to a new update from CoinShares, digital asset investment products recorded $582 million in net inflows over the past week, despite outflows earlier in the period. “The year also began on a high note with inflows of…
One mid-cap layer-1 altcoin recently saw a boost in whale activity, according to the crypto analytics firm Santiment. Santiment tracks the number of altcoin transactions worth more than $100,000, which it considers “whale transactions.” The firm subsequently identifies which altcoins clock the biggest percent changes in whale transactions week over week. This week, Fasttoken (FTN)…
A closely followed crypto strategist is warning that layer-1 protocol Solana (SOL) may be on the verge of a severe corrective move. Analyst Ali Martinez tells his 122,400 followers on the social media platform X that Solana is in danger of plunging to levels last seen in October of 2024. According to the trader, SOL…
A closely followed analyst says that deep-pocketed crypto investors have scooped up over $2.5 billion worth of XRP and Dogecoin (DOGE) in just a couple of days. In a new thread, crypto trader Ali Martinez tells his 111,500 followers on the social media platform X that whales have been making moves to accumulate payments-focused altcoin…
A whale has been spotted aggressively accumulating LINK, the native token of the decentralized oracle network Chainlink, according to blockchain tracking firm Lookonchain. Lookonchain reports that a whale suddenly created 30 new wallets to accumulate $34.1 million worth of LINK tokens from Binance. “Suspicious LINK accumulation spotted! Over the past 5 days, 30 newly created…
Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA’s surprising 25% jump last week will prompt retail investors to jump into the crypto asset. “Cardano has been one of the…
ATLANTIC CITY, N.J. (AP) — The U.S offshore wind energy industry says it needs to fight back against disinformation being spread by opponents of wind farms. During the first day of a national offshore wind conference Tuesday in New Jersey, which has become ground zero for vocal, well-organized opposition to such projects, numerous industry officials…
Data tracked by Glassnode and André Dragosch, director and head of research for Europe at Bitwise, shows the number of so-called whales or network entities owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021. Source link
The CEO of blockchain analytics firm CryptoQuant says that Bitcoin’s (BTC) on-chain market structure looks similar to 2020 before its bull market finale. Ki Young Ju tells his 346,000 followers on the social media platform X that Bitcoin’s current price action is reminiscent of four years ago when BTC consolidated for over half a year…