New data from market intelligence firm Santiment shows that one of the altcoins that has enjoyed huge returns this year is rife with whale activity. In a new thread on social media platform – It is one of the leaders in terms of whale activity. Santiment also said that during the recent cryptocurrency market crash, high-net-worth investors are making moves to accumulate 10 digital assets, including VIRTUAL. “Despite the sizable cryptocurrency correction this week, several altcoins are seeing very large whale trades, indicating potential dip buying.” Other notable altcoins on the list include stablecoin issuer Usual (USUAL) and stablecoin Usual…
Author: Crypto Flexs
Read More
reporter Posted on: December 22, 2024 XRP fell again after a slight bounce in the last trading session. Whales remained in accumulation mode despite falling prices. Ripple’s (XRP) recent price drop has caught the attention of large investors as on-chain data revealed significant whale accumulation. These developments, combined with a neutral MVRV rate and stabilization of key support levels, point to a potential bullish reversal for the token. Ripple whale accumulation in earnest The whale holdings distribution chart shows a steady increase in Ripple balances among large holders. An analysis of wallets holding between 1 and 100 million XRP showed…
Top news of the week Hawk Tuah Influencer Speaks Out After Allegations of Memecoin Rug Pull Haliey Welch, the influencer behind the viral ‘Hawk Tuah’ video clip, issued a statement after her handle-bearing memecoin was quickly pumped and abandoned following its December launch. In a December 20 post, Welch said he was “fully cooperating” with lawyers representing investors in Hawk Tuah (HAWK) tokens. Cryptocurrency users filed a lawsuit against the project’s founders and partners. Welch himself was not named as a defendant in the suit. They alleged that they were involved in the promotion and sale of unregistered securities products.…
Top news of the week Hawk Tuah Influencer Speaks Out After Allegations of Memecoin Rug Pull Haliey Welch, the influencer behind the viral ‘Hawk Tuah’ video clip, issued a statement after her handle-bearing memecoin was quickly pumped and abandoned following its December launch. In a December 20 post, Welch said he was “fully cooperating” with lawyers representing investors in Hawk Tuah (HAWK) tokens. Cryptocurrency users filed a lawsuit against the project’s founders and partners. Welch himself was not named as a defendant in the suit. They alleged that they were involved in the promotion and sale of unregistered securities products.…
BlackRock recently released an educational video explaining Bitcoin, which I thought was great. It’s amazing to see Bitcoin being discussed on such a large platform. But of course, Bitcoin Natural News’ HealthRnager argued that “Bitcoin has become so centralized that the wrong people now control most of its algorithms. They are telling us in advance what they plan to do.”Now let me be clear: this is complete nonsense. The controversy is overblown and the idea that BlackRock will change the supply of Bitcoin is ridiculous. While the statements in the video are technically true, they are only legal disclaimers. This…
HighlightsHaliey Welch’s $HAWK coin plummeted from a market cap of $500 million to $25 million, a dramatic 95% loss in value.The lawsuit involves OverHere Ltd., Clinton So and Alex Larson Schultz. Welch assumes responsibility but is not a defendant.Welch has ended his silence and promised legal cooperation and a solution, but investor confidence remains deeply shaken. Hawk Tuah Girl, Haliey Welch has finally broken her silence following the dramatic collapse of cryptocurrency $HAWK. The influencer, known for South’s viral and meteoric rise to fame, publicly addressed the fallout two weeks after leaving social media. Earlier this month, Welch launched $HAWK,…
The cryptocurrency market is buzzing with excitement as Litecoin (LTC) achieves another milestone. Hash rate has reached an all-time high. These developments have sparked renewed interest in Litecoin, with miners and investors alike eagerly watching Litecoin’s next move. But what does this mean for LTC prices, and how can investors strategically navigate this opportunity?Understanding the importance of hashrateFor those unfamiliar, a blockchain’s hash rate represents the total computing power used to process transactions and secure the network. If LTC’s hash rate rises to unprecedented levels, this signals strong trust from miners and highlights the health of the network.Here’s why this…
On December 4, the Altcoin Season Index hit 88, suggesting that non-Bitcoin cryptocurrencies may outperform the leading coin. However, altcoin season chances may have taken a huge hit. Nonetheless, it looks like the much-anticipated season will still return. Here are three indicators that suggest many of the top 50 cryptocurrencies could soon see notable gains. Alts are pushed down again. Altcoin season refers to a period when altcoins outperform Bitcoin in terms of market capitalization growth. The Altcoin Season Index measures these trends to determine whether 75% of the top 50 cryptocurrencies are outperforming Bitcoin. Typically, an index value above…
Veteran trader Peter Brandt is warning that bearish signals are flashing for Bitcoin and that BTC could be headed much lower. Brandt told his 763,600 followers on social media platform “Hey trolls, this is not a prediction. Always point to possibilities, not probabilities or certainties. No screenshots required. The BTC right-angled expanding triangle could be projected back to $70,000 to test its parabolic form.” Source: Peter Brandt/X Looking at the trader’s chart, he seems to be predicting that BTC could fall to $76,614 if it breaks support at around $90,000. Bitcoin is trading at $97,201 at the time of writing…
BONK’s RSI and OBV have shown strong declines over the past month. A rebound to $0.00004 is likely, but whether the market structure can turn bullish will depend on capital inflows. BONK fell 59% in the 30 days from November 20th to December 20th. This steady downward trend has seen significant selling on certain dates, such as December 9, when Bitcoin (BTC) was rejected from the $100,000 level. Since then, memecoin has struggled to maintain key support levels. In fact, the recent BTC correction has moved BONK to another important support level at $0.0000265. BONK bulls attempt to extend $0.0000338…