Chainlink (LINK) upsurge remains driven by growing confidence and cold wallet movement. This month, Chainlink (LINK) has displayed remarkable performance, surging by 25% in just two weeks. This increase coincides with a trend of LINK tokens consistently moving from exchanges to secure offline storage, reducing selling pressure. Notably, Altcoin Sherpa, a crypto analyst, holds a […]
The Shanghai Court’s ruling boosts Bitcoin’s bullish prospects. Justin Sun recently revealed a significant development for Bitcoin, highlighting its bullish potential. As per Justin Sun, the Shanghai No. 2 Intermediate People’s Court officially acknowledges Bitcoin as an exceptional digital currency, distinct from virtual coins like Q coins, due to its scarcity and inherent value. The […]
Telegram’s Toncoin Space sparks a 45% surge as investors remain optimistic. Last week, TON has seen a remarkable increase of approximately 45%. This notable surge can be attributed to Telegram’s recent launch of TON Space. Thanks to this new addition, the price of Toncoin has undergone a bullish reversal. Check out what experts have to […]
Whales start the week with a spike in activity on the Avalanche blockchain. Avalanche is currently experiencing an upsurge in supply on exchanges, together with whales transfers, leading to downside volatility. According to Santiment, a crypto intelligence tracker, the amount of tokens held by the whales is decreasing as the supply on exchanges increases. 🐳 […]
A supply shortage of Bitcoin looms as miners struggle with decreasing earnings. According to the data released by Glassnode, the total network fees paid to miners are now $21,256. This is the lowest amount attained in the past five months. 2. Miner’s Profitability: Miners need to evaluate their operations with reduced rewards. If the price […]
Today, we delve into EDX Markets, an innovative crypto exchange that has garnered support from major players such as Citadel Securities, Fidelity Investments, and Charles Schwab. With its trading operations already underway, EDX Markets aims to attract brokers, although potential investors in digital assets remain cautious following recent issues encountered by FTX and Binance. Key […]
Crypto investors and enthusiasts alike have been watching the current court battle between the U.S. Securities and Exchange Commission (SEC) and Ripple with bated breath. This legal dispute is focused on the registration status of XRP tokens and whether or not they are classified as securities. Ripple has taken the stance of contesting the allegations […]
Bitcoin price sentiment could continue in a state of flux as traders anticipate a rise or decline in price. Last week, two major crypto exchanges, Binance and Coinbase, were hit by lawsuits from the SEC. In addition, the SEC has labeled 23 more cryptocurrencies as securities, bringing the total number of securities to 67. Consequently, […]
Recently, there has been a substantial surge in transaction fees on the Bitcoin and Ethereum networks, reaching over twice their previous levels within a week. This article explains why this happened and what it means for the future. Although the fees are still far below the staggering heights seen during the 2021 bull run, the […]
