Crypto whales have gobbled up hundreds of millions of dollars worth of top altcoin Ethereum (ETH) over the past seven days, a closely watched analyst said. Crypto strategist Ali Martinez in a new thread says 36,100 followers on social media platform X, where wealthy traders have accumulated tens of thousands of ETH over the past week. “Some of the biggest Ethereum whales have gone on a buying spree, stealing over 100,000 ETH in the last week alone – a whopping $230 million!” Source: Ali Martinez/X As of this writing, Ethereum is trading at $2,171. Dog-Themed Meme Asset Shiba Inu (SHIB)…
Author: Crypto Flexs
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December 18th Exciting surprises await: A peek into Bitfinex Alpha’s 2024 outlook Post time: 13:47h On Bitfinex Alpha Maria Lobusova In lieu of today’s usual Bitfinex Alpha Report, analysts are diligently putting together a report. Bitfinex Alpha Special Edition, published on Thursdays. This will be our outlook for 2024. Get ready to learn more about predictions and trends for the coming year. Here’s what you can expect from this special edition: Cryptocurrency and Bitcoin Adoption Revealed: What is the expected path for Bitcoin adoption? How will El Salvador develop and who will be next? How is adoption going in Lugano…
FuturePlay Crypto Casino Launches: Pioneering ‘Machina Sports’ Will Revolutionize iGaming in 2023! – Chain wire housenewsroomFuturePlay Crypto Casino Launches: Pioneering ‘Machina Sports’ Will Revolutionize iGaming in 2023! We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network.…
Historically, the cryptocurrency market dominant Due to unregulated trading venues and retail investor activities. Nonetheless, this year shows how much market structure and participation have evolved and become institutionalized, Goldman Sachs (GS) said in a report last week. The bank said the cryptocurrency market saw growth in regulated and centrally cleared derivatives exchanges in 2023, including Coinbase Derivatives, CBOE, Eurex, GFO-X, AsiaNext and 24 Exchange. “The institutionalization of the market was most evident in the derivatives market,” the report said, adding, “CME saw a steady increase in Bitcoin and Ethereum futures and options trading, and in the fourth quarter, it…
Solana is riding a wave of positive news, hitting a major decentralized finance (DeFi) scale milestone amid surging demand for the devices that power its ecosystem. The blockchain network built for scale hit $1 billion in 24-hour decentralized exchange (DEX) trading volume this week, narrowly trailing Ethereum’s $1.164 billion for the first time ever. key point Solana reached $1 billion in 24-hour DEX trading volume, just behind Ethereum’s $1.164 billion. Solana phones are sold out in the US, showing growing demand for Solana-based projects. BONK, a meme coin associated with the Solana ecosystem, has surged 100% in price, breaking multiple…
avalanche Avex -7.10% Users paid $13.8 million in transaction fees over the past five days to mint and move tokens and NFTs created with the inscription.Inscription-based tokens are created by writing text from regular blockchain transactions and using an off-chain numbering system to track it. It was created as a workaround for the Bitcoin network due to the lack of native support for the token. They have recently spread to many other blockchains for various reasons. One of them is that it may be cheaper to move than the native token. These low costs apply to most blockchains. Blockchains like…
Bitcoin transaction fees are experiencing a significant surge, hitting a 20-month high as BTC transfer costs soar. According to recent on-chain transaction data from BitInfoCharts, the average transaction fee as of December 17 stands at around $40. This surge follows a recent wave of Bitcoin on-chain activity that has resulted in higher transaction fees for all network users. The average cost to send BTC on-chain currently exceeds $37, the highest since April 2021.The debate over high Bitcoin fees: inevitable or temporary?Increasing Bitcoin transaction fees have sparked debate within the cryptocurrency community. Some argue that these high fees are inevitable given…
The launch of a spot Bitcoin exchange-traded fund (ETF) is the subject of active discussion between the U.S. Securities and Exchange Commission (SEC) and a number of asset managers, most notably large investment firm BlackRock. This move could mark a major turning point in the acceptance of cryptocurrencies in traditional financial markets. Representatives from Chairman Gary Gensler’s office attended a recent discussion held by the SEC with asset managers considering creating a spot Bitcoin ETF in the United States. Representatives from BlackRock met with the SEC on December 14 to discuss proposed rule changes that would allow trading of cryptocurrency…
reporter Posted on: December 18, 2023 Over the weekend, BTC fell to $41,158 and ETH fell below $2,200. The market was expected to move sideways until the end of the year. Cryptocurrency trading activity cooled over the last non-holiday weekend of the year, the first possible sign that a 2023 peak may have been reached and the market will remain sideways until 2024. Over the weekend, Bitcoin (BTC), the world’s largest cryptocurrency, fell below $42,000. The decline has accelerated over the past 24 hours, with BTC falling to $41,158 as of this writing, AMBCrypto discovered using data from CoinMarketCap. Ethereum…
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