In recent weeks, Ethereum has witnessed a noticeable uptick in its market price, reaching a one-month high and showcasing a growing demand for the asset. Amid this development, the on-chain analytics platform Lookonchain revealed an Ethereum whale’s noteworthy strategy, marking a bold stance on Ethereum’s future trajectory. Strategic Accumulation Amid Rising Prices According to Loookonchain, …
Monthly archives: February 2024
The Tipping Point: Altcoins Bull Market Incoming, Predicts Analyst – Here’s Why
A renowned crypto analyst on X has recently sparked discussions within the altcoin community by predicting an imminent “altcoins bull market.” This anticipation is rooted in observing a notable pattern in the altcoin market cap chart. Accumulation Pattern Suggests Bull Market Incoming According to the crypto analyst Mags on X, the market capitalization of cryptocurrencies, …
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Solana Surges: Open Interest Hits $1.75 Billion, Price Up 8% Today
Solana (SOL), a leading cryptocurrency known for its fast transaction speed, is currently experiencing a surge in investor confidence. According to recent market data, the open interest in Solana has increased by over 108%, reaching a new high of $1.75 billion. This surge indicates a significant rise in investor activity and market participation across major …
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Bitcoin Continues To Break Wall Street Records: The Whales Are Here
Bitcoin is making waves on Wall Street, with BlackRock and Fidelity, two of the popular spot Bitcoin exchange-traded funds (ETF) issuers shattering records. Looking at recent trends, spot Bitcoin ETFs are surging in popularity, indicating that institutional investors, or “whales,” are diving headfirst. Fidelity And BlackRock Spot Bitcoin ETFs Break Wall Street Record Mark Wlosinski, …
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Expert Who Predicted 2021 Bitcoin Peak Expects $600,000 By 2026
Tuur Demeester, a Bitcoin OG and researcher for Adamant Research shared his bullish outlook for Bitcoin via X (formerly Twitter), anticipating its price could escalate to between $200,000 and $600,000 by 2026. Demeester’s prediction is predicated on the influx of trillions of dollars through global bailouts and stimulus measures, which he believes will significantly propel …
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Former Binance CEO Changpeng Zhao’s Criminal Sentencing Postponed Until April: Report
The founder and former chief executive of Binance, the world’s largest crypto exchange platform, has reportedly had his criminal sentencing postponed until April. According to a new CNBC report, Changpeng Zhao’s sentencing from charges brought forth by the U.S. Department of Justice, which claimed that the executive failed to maintain adequate anti-money laundering protocols, will …
Solana Mobile Chapter 2 Hits 100,000 Pre-Sales In A Month
The Solana Chapter 2 mobile phone has amassed 100,000 pre-sales just 30 days after launch. Interest in Solana Mobile’s Chapter 2 has seen it outperform […] Go to Source
Crypto Gaming Tokens Soar As Bitcoin’s Bullish Momentum Flows Over
Crypto gaming tokens surged during the past week as Bitcoin’s bullish wave opened up opportunities for the broader crypto market. The Immutable X (IMX) price […] Go to Source
Franklin Templeton Joins BlackRock, Fidelity, Grayscale In Ethereum ETF Race
Franklin Templeton is joining the race to launch a spot Ethereum ETF (exchange-traded fund) alongside competitors including BlackRock, Fidelity and Grayscale. The fund manager filed an […] Go to Source
Spot ETH ETFs have 50% chance of May approval: Bitwise, Grayscale, Galaxy execs
Executives at three asset management firms agreed during a Feb. 13 panel discussion that pending spot Ethereum ETFs have a 50% chance of approval this May. Matt Hougan, Global Head of Research for Bitwise Asset Management, said “I think it’s probable we will get an ETH ETF reasonably soon. I think there’s a 50/50 chance …
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Bitcoin recovers to $49.7k after failing to find support above $50k
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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ENS considering $300k settlement over eth.link litigation
ENS Labs has shared a $300,000 settlement offer from Manifold Finance to resolve a contentious dispute over the eth.link domain name with the decentralized autonomous organization (DAO) governing the platform. The settlement offer includes confidentiality and non-disparagement clauses, according to the Feb. 13 proposal. The legal contention began in August 2022 after the domain, crucial …
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Bitcoin ETF inflows in US mark largest price boost since approval
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportunities in a market valued at $500 trillion. Umoja Debuts Beta Hedging Platform The crypto platform Umoja has announced the beta …
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Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $30,000. Founders Fund’s Renewed Interest in Crypto In the latter half …