In a significant development, Huobi Token (HT) is undergoing a transformative shift as HTX, under the helm of Justin Sun, sets in motion the conversion from HT to HTX. Meanwhile, the move, outlined in a recent press release, unfolds an array of changes, including the listing of HTX DAO (HTX) and the option for HT […]
API3 Price Jumps 100% In A Day, Is It A Good Investment?
The API3 cryptocurrency has witnessed a strong rally gaining over 100% in the last 24 hours. As of press time, the API3 price is trading 95% up at $3.05 with a market cap of $260 million. Also, the trading volumes have skyrocketed by a staggering 3500% to $343 million. What’s Behind the API3 Price Jump? […]
Here’s Why Bitcoin (BTC) Price Is Falling After Spot Bitcoin ETFs: CryptoQuant
Bitcoin price loses steam after the spot Bitcoin ETFs’ approval and listing on exchanges, falling over 15% from $48,969 to $40,297. In a paradigm shift, trading volumes dropped significantly on crypto exchanges. Moreover, there’s a narrative in the market over Grayscale Bitcoin Trust (GBTC) selling Bitcoin holdings, but CryptoQuant team asserts it’s not actually the […]
Pro-XRP Lawyer Shares SEI Investment Story As Price Dips 8%
The SEI token curated a tidal wave of speculations across the broader crypto market on Saturday, as the token’s price traded in the negative territory following a highly volatile movement over the past week. Amid the token’s price action, pro-XRP lawyer Bill Morgan shared an intriguing investment story orbiting SEI, garnering significant attention globally. Meanwhile, […]
Bitcoin Dominance Surges Past 51% In Pre-Halving Phase, What’s Next?
Bitcoin (BTC), the world’s first cryptocurrency, has been attaining lower lows a week after the iconic approval of Spot Bitcoin ETFs. In addition, the BTC price extended below the $42,000 level. Moreover, Bitcoin dominance has peaked in the pre-halving phase and crypto analysts are now expecting Bitcoin to hit the bottom, which could propel altcoins […]
Terra Classic Community Turns Down Major Proposal; LUNC Price Retraces
The Terra Luna Classic (LUNC) community proposal to restore the number of validators to 130 was officially rejected. It became one of the two key proposals turned down by the community that would have helped boost the utility and security of the Terra Classic chain. Validators voted against the proposal reasoning it as selfish and […]
Just-In: Ark Invest Purges ProShares BITO & AMD To Buy Over 1 Bln ARKB Spot Bitcoin ETF
Cathie Wood’s asset management firm Ark Invest continues to offload parked holdings in ProShares Bitcoin Strategy ETF (BITO) to invest in its newly launched Ark 21Shares spot Bitcoin ETF (ARKB). ETF experts believe it could be a matter of time before Ark Invest brings its active fund management strategy to entire crypto exchange-traded funds (ETFs). […]
FTX & Celsius Transfer $43 Mln ETH, WBTC, MATIC Amid Bankruptcy Liquidation
Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges. This comes after both institutions promised to repay their formal clients or creditors via their crypto treasury. Celsius […]
Bitcoin Price Sees Some Bounce Back, Whale Activity At 15-Month High
Experiencing significant selling pressure earlier in the month, Bitcoin (BTC), the world’s largest cryptocurrency, saw a modest recovery on Friday, January 19. At press time, the Bitcoin price is trading at $41,500 levels with a market cap of $803 billion. Bitcoin Sees Bullish Divergence on RSI In a recent update, on-chain data provider Santiment brings […]
Solana Price Prediction: Will Market Correction Push $SOL Below $60
Solana price trends have recently undergone a minor retreat following bearish market influences. Currently pegged at $91.93, SOL manifests a modest intraday depreciation exceeding 3%, hinting at a prevalent selling momentum. Market analyses suggest this minor dip might fuel expectations of an impending price descent. The market valuation of SOL presently stands at approximately $39 […]