Browsing:News

ORDI Token Skyrockets by 81% Following Its Inclusion on Binance
6 months ago 1 min read

Ordinals Token (ORDI) Surges by 81% Following Binance Listing

Ordinals (ORDI) token prices have surged by a whopping 81% in the past 24 hours following an announcement that categorized it as a “seed” development project on the Binance crypto exchange. The “Seed Label” signifies experimental projects and tokens that may carry higher volatility and risk than the average offerings. Binance’s decision to assign the Seed Tag to ORDI was made public recently, and the exchange further revealed that ORDI would be available for spot trading with pairs like ORDI/BTC, ORDI/USDT, and ORDI/TRY. Withdrawals for ORDI started at 6:30 a.m. UTC on November 8. The listing of ORDI on Binance

Coinbase Advises Bitcoin SV Holders to Sell Before January 9
6 months ago 2 mins read

Sell Off Your Bitcoin SV Before January 9, Says Coinbase

Coinbase has issued a warning to its users, urging them to take action regarding their Bitcoin SV (BSV) holdings by January 9. The exchange has stated that if users do not sell or transfer their BSV by this date, Coinbase will proceed to sell it on their behalf. This announcement has had a notable impact on the price of BSV, leading to a decline in value. At the time of the announcement, BSV’s market activity was characterized by limited trading, and its market capitalization stood at $945 million. The decision to distance itself from BSV is not unique to Coinbase.

Chainlink Surges Beyond $12.50, Achieving Milestones in Wallet Holdings
6 months ago 1 min read

Chainlink LINK Surges to Over $12.50, Hitting a New Yearly High

Chainlink, the decentralized oracle network, has experienced a notable surge in its price, surpassing the $12.50 mark over the weekend. This price level is significant as it marks the first time Chainlink has reached this threshold since April 2022. Simultaneously, the number of wallets holding a minimum of 1,000 LINK tokens, currently valued at $12,150 or more, has reached a new all-time high, totaling 27,152 wallets. Data from Glassnode also highlights a positive correlation between the LINK price uptrend and the growth in the number of addresses holding non-zero balances. This trend reflects an increasing adoption of the Chainlink network

Bitcoin Approaches $35,000 Amidst Wall Street Closure: Steady Above $34,000
6 months ago 1 min read

Bitcoin Holds its Ground on $34,000: Will It Break $35,000 Barrier?

Bitcoin (BTC) finds itself in a tight consolidation phase, with its price fluctuating between the $34,800 and $35,250 levels. While the bulls have attempted to breach the resistance at $35,250, the bears have demonstrated resilience around the $35,300 and $35,550 levels, leading to a balancing act in the market. Recent data reveals that Bitcoin is maintaining stability as it approaches the $35,000 mark. The $34,000 price point has emerged as a temporary support level, suggesting the potential for upward movement in the near future. Notably, Credible Crypto, a prominent analyst, envisions Bitcoin surpassing the $35,000 threshold and identifies three crucial

In the last 24 hours, XRP has experienced a notable price spike, making it the top-performing crypto among the majors.
6 months ago 1 min read

XRP surges by over 11% to become the top-performing crypto majors

In the last 24 hours, XRP has experienced a notable price spike, making it the top-performing crypto among the majors. XRP experienced a price increase of over 11%, which caught the attention of traders and investors. Although the price saw a slight retreat on Monday, it still managed to maintain solid upward momentum. Trading volumes also exhibited a surge, rising from $1 billion on Sunday to $2 billion, according to data from CoinMarketCap. At the time of writing, XRP was trading at $0.72, and interestingly, it managed to surpass Binance Coin (BNB) to become the fourth-largest token by market capitalization.

FTX Explores Sale of $744 Million in Grayscale and Bitwise Assets
6 months ago 2 mins read

FTX Considers Liquidating $744 Million in Grayscale and Bitwise Holdings

The bankrupt crypto exchange FTX, along with its debtors, has submitted a request to the U.S. bankruptcy court in Delaware. They are seeking approval to sell trust assets that include funds from Grayscale and Bitwise, valued at an estimated $744 million. The sale is proposed to be carried out with the assistance of an investment adviser, as outlined in a court filing made on Friday. According to the filing, the sale or transfer of these trust assets is intended to help prepare the estates for forthcoming distributions in dollars to creditors. It also aims to provide FTX with the flexibility

FTX has initiated the movement of 750K in Solana (SOL)
6 months ago 1 min read

Solana price drops as FTX transfers $30 million in SOL to Binance and Kraken

The FTX exchange has initiated the movement of 750,000 Solana (SOL), which is valued at around $30 million, to crypto exchanges Binance and Kraken. This move is the initial step in preparation for a potential sale, and it has had a notable impact on the token’s price, causing a 5% drop over a 24-hour period. The FTX estate, previously a cryptocurrency exchange, has already shifted a total of $102 million in SOL to various exchanges through a series of transactions. This series of movements is creating selling pressure on the token. SOL holds a significant place on the FTX estate’s

The Simpsons Delve into NFTs and Blockchain in Halloween Special
6 months ago 1 min read

The Simpsons Features NFTs and Blockchain in Halloween Episode

In a special Halloween episode of The Simpsons, titled “Treehouse of Horror 34,” non-fungible tokens (NFTs) and blockchain technology took center stage. The episode, known for its spooky and satirical takes on pop culture, made several humorous references to the world of on-chain NFTs in its first chapter, titled “Wild Barts Can’t Be Token.” For those not familiar, NFTs are a unique type of cryptocurrency asset that allows holders to prove their ownership of real or digital items. In this animated adventure, Marge embarks on a journey through the blockchain to rescue Bart, who has transformed into a living NFT.

SushiSwap experienced a price surge of over 80%.
6 months ago 1 min read

SushiSwap surges by 80% amid Bitcoin holding above $34,000

SushiSwap experienced an impressive price surge of over 80%. This surge was driven by the recent rally in the crypto market, particularly with Bitcoin’s strong performance holding above the $34,000 mark. The primary catalyst for SushiSwap’s surge can be attributed to a significant trade that occurred on November 1st. While there was a small dip shortly after the surge, SushiSwap’s price is currently holding steady at around $1.0. However, some indicators, such as the Relative Strength Index (RSI), suggest that it may be approaching overbought territory. This could potentially signal a price correction in the near future. What’s intriguing is

The attack on Monero resulted in the theft of a significant sum, totaling 2,675.73 XMR
6 months ago 1 min read

Monero Wallet Loses $460,000 to Hackers

On September 1st, Monero, the popular privacy-focused cryptocurrency, fell victim to a hacking incident. The attack resulted in the theft of a significant sum, totaling 2,675.73 XMR, which was valued at approximately $460,000. The news of this breach was brought to light by crypto journalist Colin Wu, who reported the incident involving Monero’s Community Crowdfunding System (CCS). What makes this situation particularly concerning is that, as of now, the exact cause of the breach remains a mystery. However, security experts are leaning towards the idea that there might be a flaw in Monero’s design that played a role in this

This Ethereum whale withdrew 8,968 ETH on November 4th
6 months ago 1 min read

Ethereum Whale Moves Millions in ETH from Binance Exchange

It appears that a major Ethereum (ETH) whale has been on the move, shifting a substantial amount of ETH away from the Binance exchange. As per data uncovered by Lookonchain, this Ethereum whale withdrew 8,968 ETH on November 4th, followed by another withdrawal of 8,618 ETH on November 5th. In just two days, the total amount withdrawn added up to a significant 17,316 ETH. To put this into perspective, at the time of this report, the total value of this whale’s withdrawal from the exchange hovered around $32 million. Note that during this period, the supply decreased from over 10.7

A staggering 4.4 trillion SHIB tokens were recently transferred from Bitvavo to a wallet held by an anonymous user.
6 months ago 1 min read

Over 4.3 Trillion Shiba Inu (SHIB) Moved By Whales

Whale Alert has once again unearthed a jaw-dropping SHIB transaction from Bitvavo, a cryptocurrency exchange. Around 4.4 trillion SHIB tokens were recently transferred from Bitvavo to a wallet held by an anonymous user. The total sum moved by this enigmatic whale amounted to a mind-boggling 4,454,530,677,374 SHIB tokens, with a jaw-dropping value of $34,314,122. Notably, another sizable transaction involving over 3.4 trillion SHIB tokens from a Bitvavo wallet was detected earlier this week by Whale Alert. However, this transaction was identified as an internal one, meaning it likely involved Bitvavo’s own operations. Interestingly, SHIB on-chain flows have surged by an