Whale activity in the cryptocurrency market is making waves, with a staggering $780 million worth of major cryptocurrencies being moved. Bitcoin transactions make up nearly $500 million of this total, indicating a potential shift in the crypto landscape.These massive transfers include 3,167 BTC to Coinbase, 2,250 BTC between unknown wallets, and 1,815 BTC from Kraken […]
Anatoly Yakovenko, co-founder of Solana, has expressed confidence in the ability of their blockchain to handle the increasing demand for decentralized applications (dapps) without the need for layer-2 solutions, unlike Ethereum.Yakovenko argued that Solana’s design, which uses a hybrid consensus mechanism, allows it to scale efficiently without the need for additional layers. He explained that […]
As the decision on Bitcoin exchange-traded funds (ETFs) looms, prominent figures in the industry are adopting a cautious stance. Arthur Hayes, the founder of BitMex, has forecasted a 20-30% drop in Bitcoin’s value in March, following the potential approval of a Bitcoin ETF. He also anticipates a significant correction in the crypto market.Hayes’ prediction is […]
As the decision on Bitcoin exchange-traded funds (ETFs) looms, prominent figures in the industry are adopting a cautious stance. BitMex founder Arthur Hayes has predicted a 20-30% drop in Bitcoin value in March, following a possible approval of a Bitcoin ETF. He also suggests that the crypto market could face a significant correction.Hayes’ prediction is […]
Max Keiser, a well-known Bitcoin advocate, has made a bold prediction about the future of Solana (SOL), a competitor to Ethereum (ETH). Keiser believes that SOL is on the brink of a significant crash, with its value potentially plummeting to $20. This would represent a drop of over 80% from its current price.Keiser’s forecast for […]
Arbitrum, an Ethereum layer 2 scaling solution, has for the first time in its history, led in daily volume on decentralized exchanges (DEX), according to recent data from crypto analytics firm DefiLlama. In the past 24 hours, the total value of transactions made on Arbitrum by crypto users reached $1.83 billion, surpassing Ethereum’s 24-hour volume […]
In a recent development in the cryptocurrency world, Ethereum staking has seen a significant increase in the exit queue. This surge has reached a record high, primarily driven by the unlocking of Celsius. The impact of this trend is quite noticeable, as it has led to a substantial increase in the wait time for unstaking.Previously, […]
Binance, a prominent cryptocurrency exchange, has recently announced the addition of three major privacy-focused coins to its monitoring list due to concerns about volatility and regulation. The coins in question are Monero (XMR), Zcash (ZEC), and Firo (FIRO), which join seven other coins under review for potential delisting.These coins have been given a “monitoring tag” […]
Binance, a prominent cryptocurrency exchange, has recently announced that it has placed three leading privacy-focused coins on its monitoring list due to volatility and regulatory concerns. The coins in question are Monero (XMR), Zcash (ZEC), and Firo (FIRO), along with seven other coins that are also under review and may face possible delisting.These coins now […]
Antonio Juliano, the founder of dYdX, a decentralized exchange (DEX), has expressed skepticism about the current crypto bull run. He attributes the recent price surge to “light trading volumes,” suggesting that this might not sustain the uptrend despite overall confidence.According to Juliano, a true bull cycle is not solely defined by price action but also […]
