Whales have been accumulating Pepe Coin for over a month that led to PEPE price hitting new all-time highs daily. As per IntoTheBlock data, wallet addresses with over $100K have increased their Pepe Coin holdings in the last few days and 100% of PEPE holders are currently in profit. PEPE price hit an all-time high […]
Cathie Wood’s Ark Invest On Coinbase, Nvidia, Robinhood Selling Spree
Cathie Wood’s investment management firm Ark Invest is on a selling spree for Coinbase (COIN), Nvidia (NVDA), and Robinhood (HOOD) shares, despite better-than-expected earnings. Prices of all three stocks have surged over 30% in a month. Cathie Wood’s Ark Invest Continues Selling Coinbase Shares Cathie Wood’s Ark Invest sold a total of 72,242 Coinbase shares worth […]
Key Bitcoin (BTC) Price Range to Watch, $40K Correction Not Ruled Out
The world’s largest cryptocurrency Bitcoin (BTC) has continued to show sideways movement as the price consolidates around $51,000. BTC registered its first negative weekly closing in around four weeks as the Bitcoin price started a rally towards $52,000 in late January. At press time, BTC is trading 0.14% down at a price of $51,500 with […]
BitForex Down: Crypto Operations Stop After Suspicious $56 Million Exit Scam
BitForex, one of the prominent cryptocurrency exchanges, has abruptly halted all withdrawals, leaving users in the dark about the reasons behind this sudden move. The exchange’s decision comes amidst alarming revelations of a staggering $56 million cryptocurrency outflow detected from BitForex’s hot wallets. Adding to the growing unease, BitForex has remained conspicuously silent, offering no […]
AI News: Cathie Wood Clears Slate on Nvidia Sale After Stellar Results
Cathie Wood cleared the air regarding Ark Invest’s prior Nvidia share sale on social media site X. Nvidia shares have soared recently on the back of the stellar earnings posted by the company. Amidst the stock surge, Wood’s Ark Invest has likely missed a huge profit with the previous share sale. Cathie Wood Clears Slate […]
Key Reasons Why Theta Price May Prolong Recovery By 40%
Theta Price: The crypto market witnessed a renewed recovery force as the Bitcoin price rebounded from the $50600 support last weekend. The positive turnaround propelled several altcoins back to recovery sentiment including Theta. The coin price surged from $1.17 to $1.66 within three days to register 42% growth, the recent price breached the resistance trendline […]
XRP Whale Offloads 27 Mln Tokens As Ripple Tackles New Class Action
In a thrilling turn of events, an XRP whale’s 27 million selloff appears to be birthing a tidal wave of speculations among crypto market enthusiasts across the globe as Ripple, the company behind XRP, faces a new class action suit in California. The mentioned whale transfer, surfacing soon after the news of Ripple’s new class […]
Bitcoin Price Analysis: Is BTC Going To $70,000 With Open Interest Reaching $24.5B?
Bitcoin price analysis: The largest cryptocurrency suddenly broke out on Monday following a period marked by market doldrums. In the initial February rally, Bitcoin price made it above $50,000 with the leg extending to $53,000. Due to the lack of momentum to keep the uptrend going and perhaps in good faith of allowing re-accumulation, BTC price consolidated […]
Binance Backs Babylon to Unlock Bitcoin Staking on PoS Chains
Binance Labs, the venture capital and strategic initiative arm of Binance, has made a significant investment in Babylon, a pioneering Bitcoin staking protocol. Babylon, a project initiated by Stanford Professor David Tse and Dr. Fisher Yu in 2022, aims to revolutionize the integration of Bitcoin with Proof-of-Stake (PoS) blockchains. This investment underscores Binance Labs’ dedication […]
Kraken Launches Institutional Service to Stem Coinbase Dominance
Amidst the rave for dominance in the cryptocurrency industry, digital asset service provider Kraken has taken the industry unawares with the introduction of a new service dubbed Kraken Institutional. Kraken Institutional Designed for Corporate Clients This novel solution is designed as a one-stop shop where firms that are looking to delve into the digital asset […]