Big money is flowing into two cryptocurrencies, Solana (SOL) and Neiro on ETH (NEIRO), according to blockchain tracker Lookonchain. Solana Surge Three big investors, known as “whales,” have bought up nearly $35 million worth of Solana from Binance and Kraken in the past few days. They’re not just buying it, they’re also staking it, which…
Ethereum co-founder Vitalik Buterin has defended the Ethereum Foundation’s decision to sell ETH, arguing that the revenue is crucial for supporting the development of the Ethereum ecosystem. Vitalik’s Defense Buterin, responding to questions about the Foundation’s sales on social media, highlighted the importance of these funds in supporting various projects: Research and Development: The Foundation…
Analyst Predicts Big Things for Bitcoin, But With a Catch Bitcoin is hanging around the $70,000 mark, and everyone’s wondering what’s next. Will it break through and keep climbing? Or will it take a tumble? Crypto analyst Benjamin Cowen thinks the answer lies in the upcoming US jobs report. He’s watching the numbers closely because…
Bitcoin has been on a roll lately, breaking through the $71,000 mark. This surge can be attributed to a few key factors: Bitcoin ETFs are a Hot Commodity Investors are pouring money into Bitcoin Exchange-Traded Funds (ETFs). This massive influx of cash, especially from big players like BlackRock and Fidelity, is directly linked to Bitcoin’s…
Bitcoin is back on top, trading above $70,000 for the first time in months. This surge comes at the end of October, a month often known for Bitcoin’s strong performance. Analysts are predicting that November could be even bigger for Bitcoin. November: A Historically Bullish Month Crypto analyst Ali Martinez is calling November “Moon-vember,” referencing…
Bitcoin is on a roll, breaking through $71,000! This surge comes just a week before the US elections, and experts say it’s fueled by a combination of factors. Election Excitement and Bitcoin ETFs The crypto community is buzzing with anticipation for the election, with many believing a Trump win would be good for Bitcoin. Trump…
Bitcoin has been on a tear lately, and it seems miners are jumping on board. The hashrate, which measures the total computing power used to secure the Bitcoin network, has been climbing rapidly, reaching new all-time highs. What Does a Rising Hashrate Mean? A rising hashrate means more miners are joining the network, or existing…
Bitcoin (BTC) is making a strong comeback, briefly touching $69,000, just shy of its all-time high of $73,737 reached earlier this year. Experts are predicting a bullish setup for Bitcoin, especially as the US presidential election approaches. Election Hype and Bitcoin’s Potential After months of sideways movement, Bitcoin is showing signs of life, with many…
Big investors are moving their Ethereum off of exchanges, which could be a good sign for the price. Whales Are Moving Their Ethereum Recently, a lot of Ethereum has been leaving exchanges. This means investors are taking their coins off of platforms where they could be sold. This is often seen as a bullish sign,…
Big investors are loading up on Ethereum (ETH), and it could be a sign that the crypto market is about to rebound. According to crypto data company Santiment, the number of new Ethereum wallets created by whales (big investors) has reached a six-week high. This is a strong indicator that these investors are accumulating ETH,…
