Ripple has made an unexpected move by unlocking 400 million XRP tokens from its escrow account ahead of schedule. This has raised questions and sparked discussions within the XRP community. Timing and Transaction Details The transaction was brought to light by the on-chain analytics platform Whale Alert. The timing of the unlock is unusual as…
RiskOnBlast: A Victim of Rugpull Blast Network’s layer 2 project, RiskOnBlast, has fallen victim to a significant exploit known as a rug pull, resulting in the loss of approximately 500Ether (ETH). This incident has raised questions about the scrutiny involved in the RiskOnBlast venture, which was led by unknown founders with no established reputation. Blast…
The crypto market is constantly changing, with investor sentiment, regulations, and technological advances all playing a role. This week, we’re taking a closer look at five coins that are at critical junctures for various reasons. 1. Bitcoin: ETF Data, Monthly Close, and US PCE Bitcoin remains the market leader, and its movements are closely watched…
A Series of Large Purchases The cryptocurrency community is buzzing about a series of large Ethereum (ETH) purchases linked to a wallet potentially belonging to Justin Sun, founder of the TRON blockchain and CEO of BitTorrent. According to blockchain analytics firm Lookonchain, the suspected wallet recently acquired another 13,780 ETH, valued at approximately $41.24 million….
After a prolonged period of weakness against Bitcoin, Ethereum is showing signs of strength and could be poised for a significant move. Key Findings: Ethereum/BTC Chart Pattern: Raoul Pal, a renowned financial expert, highlights a compelling dual-chart pattern in the ETH/BTC trading pair. The formation of a “mega wedge” and an inner descending channel sets…
Zircuit, a new ZK-rollup focused on security, has launched its staking program. The program allows users to stake ETH, LSTs (liquid staking tokens), and LRTs (liquid restaking tokens) to earn Zircuit points. Staking Program Surpasses $129 Million TVL in Less Than 24 Hours The staking program has been a huge success, amassing over $129 million…
February 24, 2024 – Montreal, Canada: Solsniffer, the first blockchain intelligence tool for the Solana blockchain, is now live. With the rapid rise of Solana, traders have flocked to the platform, but with this growth came an increase in scams. Solsniffer aims to address this issue by providing traders with a tool to detect security…
Litecoin’s price has been positive in February, giving holders something to be optimistic about. Recent data shows that Litecoin holders have one of the highest holding times among digital assets, with an average of 2.4 years. Long-Term Sentiment Among Litecoin Holders Despite the relatively quiet activity surrounding Litecoin compared to other cryptocurrencies, the holding mentality…
Market Intelligence Expert Predicts Continued Stock Market Growth Tom Lee, head of research at FundStrat, believes the stock market has more room to grow. In an interview with CNBC Television, Lee stated that it’s too early to call the current market a bubble, as there is no consensus on its status. Lee’s Reasoning Lee’s reasoning…
Carson Group, a $30 billion investment advisory firm, recently announced that it’s now offering its clients exposure to spot Bitcoin for the first time. Spot Bitcoin ETFs Gaining Popularity Spot Bitcoin exchange-traded funds (ETFs) have become very popular even before the SEC approved them in January. These funds allow investors to gain exposure to Bitcoin…
