Looking at the cumulative activity of whales and Smart DEX, it appears that purchasing activity has increased. Past active addresses by profitability shows that most traders are profitable. AAVE It continues to establish itself as a leading DeFi asset for whales. One whale in particular amassed 96,800 AAVE through aggressive dollar cost averaging and spent $17.8 million at an average price of $183.4. The recent influx of 9,702 AAVE, purchased for $3.18 million from GHO and WBTC, highlighted whales’ continued investment despite falling prices. The whale’s position with unrealized profits of $15.31 million, reflecting an 86.2% increase in value, indicates…
Author: Crypto Flexs
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just alvin December 14, 2024 01:52 CleanSpark, Inc. announced the pricing of a $550 million convertible note to strengthen its financial strategy and expand its Bitcoin mining operations. CleanSpark, Inc. (Nasdaq: CLSK), a prominent player in Bitcoin mining, announced the pricing of a $550 million convertible note. The notes, which mature in 2030, carry a coupon of 0.00% and will be sold to qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, according to CleanSpark. Offering Details The transaction includes a capped call with an initial cap price of $24.66,…
As we approach the end of the year, Asia Express takes a look back at some of the most important developments for Bitcoin and cryptocurrencies in the region in 2024. MicroStrategy’s Bitcoin Blueprint MicroStrategy has become a leading example of Bitcoin, securing 439,000 BTC, or about 2% of the total supply, according to BitcoinTreasuries.NET. Across Asia, Saylor’s Bitcoin blueprint has inspired several companies to stake their future on Bitcoin, and many more are expected to follow suit. As Asia Express reported last week, Chinese selfie app developer Meitu invested in 31,000 ETH and 940 BTC in the spring of 2021…
Jessie A. Ellis December 14, 2024 03:47 Follow insights from BNB Chain to learn how tokenization is revolutionizing financial asset management with benefits such as lower costs, transparency, and improved liquidity. Tokenization is rapidly changing the landscape of financial asset management, offering a variety of benefits that streamline and enhance traditional financial systems. According to BNB Chain, this fast-growing technology is expected to significantly expand the market size from $3,528.6 million in 2023 to $12,605.4 million in 2030, reflecting a compound annual growth rate (CAGR) of 20%. Advantages of Tokenization in Financial Asset Management…
Chainwire, London, UK, December 19, 2024 As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting cryptocurrency holders. Existing wallets often lack safeguards to address real-world enforcement scenarios. To address these issues, Deus Wallet has introduced a new feature called Intimidation Mode. Integrated into Deus’ non-custodial framework, this technology provides an additional layer of security to help protect cryptocurrency assets and user safety in high-risk situations. The Problem: Cryptocurrency Security Is More Than Digital Although digital security has advanced through multi-signature wallets, biometric authentication, and hardware devices, physical security is still overlooked. Criminals have adapted their tactics…
Bitcoin (BTC)’s recent price rise above $100,000 coincides with a sharp decline in supply held by long-term holders. This means that some of the most seasoned Bitcoin investors in the market are posting record profits as BTC price rises towards the six-figure milestone. Realized profits from Bitcoin long positions hit an all-time high.The chart below shows companies that have held Bitcoin for more than 155 days as long-term holders (LTHs). Their behavior can often reflect changes in market sentiment.As of December 19, the supply of Bitcoin LTH had fallen to $13.31 billion, compared to a local high of about $14.23…
SHIB’s Potential: Could This Be Your Moment of Profit?Shiba Inu (SHIB), often referred to as the “Dogecoin killer,” is more than just a meme coin. Over the years, it has captured the imagination of traders with its extraordinary price volatility. For those who have been paying attention, SHIB has often shown the power to surprise with sharp moves that exceed market expectations. As December 19th approaches, traders and investors are turning their attention to where SHIB is headed next and the potential for significant price action to unfold. The cryptocurrency market is famous for its unpredictability, and Shiba Inu is…
Victoria, Seychelles, December 19, 2024, Chainwire BETY.com is improving the online gaming and betting environment by integrating blockchain technology and hash algorithms to provide a transparent, secure, and open gaming experience. The platform addresses long-standing challenges of traditional casinos such as fairness and trustworthiness by providing a decentralized and verifiable gaming ecosystem. Bety.com’s application of blockchain technology BETY.com’s core innovation lies in blockchain-based game outcome generation. By leveraging the immutability and transparency of blockchain technology, the platform has introduced a new standard for accountability to the gaming industry. Decentralization and Immutability All game data and betting records are stored securely…
Wang Long Chai December 17, 2024 06:49 Learn how AI-powered content moderation works, its importance in today’s digital environment, and a comparative look at the major content moderation APIs. Content moderation has become a pivotal tool in managing vast amounts of user-generated content across digital platforms. As online communication continues to expand through a variety of mediums, including social media, video platforms, and blogs, the need for effective content moderation has never been more important. According to AssemblyAI, advances in artificial intelligence (AI) have significantly improved the accuracy and efficiency of the content moderation…
The decentralized real estate trading platform built on smart contract platform Solana (SOL) has seen its price rise and fall since receiving support from Coinbase. Two days ago, America’s leading cryptocurrency exchange platform They said it was added. Own any property. Synthetic assets are tokenized blockchain-based representations of real-world assets, such as securities and real estate, that can be easily exchanged. Additional news caused the token price to fall from a high of $0.586 on December 17 to a low of $0.408 just two days later. PARCL is trading at $0.418 at the time of writing, down 9% in the…