Ripple’s XRP Trust Launch: What It Means for the Crypto Market
Grayscale has announced the launch of the first U.S. XRP trust, set for Thursday. This new trust provides accredited investors with direct exposure to XRP, the cryptocurrency driving Ripple’s XRP Ledger. This initiative is significant for crypto enthusiasts and XRP holders alike. Following the announcement, XRP experienced an 8% price surge. Trust vs. ETF: Key […]
Shiba Inu’s 2.1 Trillion SHIB Transfer: Are Whales Preparing for a Price Shift?
Shiba Inu’s on-chain activity has surged dramatically, with 2.1 trillion SHIB transactions occurring in a single day. This spike highlights a renewed interest in the Shiba Inu ecosystem, primarily driven by large investors, commonly referred to as whales. Recent on-chain data analysis shows that significant transactions peaked earlier this week, hitting 98 large movements. However, […]
Toncoin Nears $6.00 After 18% Rise: Can It Break Through Resistance Levels?
Telegram’s cryptocurrency, Toncoin, has recently experienced a remarkable 18% price increase, reaching $5.42 this week. The surge follows Telegram CEO Pavel Durov’s comments regarding his arrest in France, which has ignited renewed interest in the coin. Investors Flock to Toncoin Investors have taken note of the massive jump in Toncoin’s price. The total number of […]
Shiba Inu Whales Drive Market Shift with 1.11 Trillion Token Transfers
In the last 24 hours, a significant anomaly has surfaced in the on-chain movements of Shiba Inu (SHIB) tokens. Data from IntoTheBlock reveals a sharp uptick in the volume of large SHIB transactions. The number of major transfers, each valued at over $100,000, surged from 33 to 42, marking a notable increase of nine high-value […]
Charles Hoskinson Denounces Claims of Locked ADA Staking in Crypto Debate
Charles Hoskinson has voiced his frustration over what he describes as an “epic” rise in misinformation about ADA. A rumor falsely claims that Cardano’s large market cap stems from investors being unable to sell their ADA due to being locked in staking pools. This claim emerged during a podcast featuring crypto commentators InvestAnswers, CTO Larsson, […]
24-Hours Price Analysis: Toncoin Price Struggles, Retracing From $5.40 Resistance – Is a Deeper Correction Looming?
After a strong rally, Toncoin (TON) shows signs of weakness, with prices retracing from highs of $5.40 to the current level of $5.2560. The question now is whether this is the start of a larger correction or just a brief pause before another leg up. We’ll explore TON’s potential price action in the short term […]
Is Cardano (ADA) Ready to Rally? Active Addresses Hit 52,000!
Cardano (ADA) has seen a surge in daily active addresses, reaching a 5-month peak of 52,000. This rise in activity suggests more users are engaging with the blockchain, which often signals growing interest and adoption. A higher number of active addresses usually leads to price rallies as demand for the network increases. Crypto analyst Collin […]
SHIB Gains Momentum with 367% Increase in Whale Transactions
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, experienced a significant 367% increase in large transaction volumes, signaling heightened whale activity. According to data from IntoTheBlock, SHIB saw a total large transaction volume of $43.52 million, equivalent to 3.21 trillion SHIB tokens. Large transactions, typically carried out by whales and institutional investors, spiked considerably, indicating either […]
24-Hours Price Analysis: TON Approaching Resistance as it Tests $5.29 Price Level – Is a Breakout on the Horizon?
The Open Network (TON) is steadily approaching a critical resistance level at $5.29. TON has demonstrated resilience over the last 24 hours with a steady price increase. Still, the market now faces a crucial test: Will it break above its resistance and enter a new bullish phase, or will it retrace to consolidate further? This […]
Shiba Inu Expands Shibarium and Rolls Out New Shiba Eternity Features
The Shiba Inu team recently shared updates about its L2 blockchain, Shibarium, and its gaming project, Shiba Eternity. Shibarium Reaches Major Milestone Lucie, Shiba Inu’s marketing lead, announced on X that Shibarium has neared a significant milestone, approaching a three-month high in deployed contracts. This surge points to increased developer activity within the ecosystem. Shibariumscan […]