Bookmarking Crypto Insights
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Render token (RNDR) continues its impressive bullish momentum, gaining an additional 7% today and achieving a remarkable 38% surge over the past 7 days. The sustained uptrend in RNDR’s value is attracting significant attention from investors and market observers. Amidst this increasing surge in value, wallet 0x537, which is linked to Render Network, has been … Read more
The current landscape of the crypto market reveals an interesting divergence from traditional markets and commodities, with the 30-day correlation of Bitcoin (BTC) and Ethereum (ETH) hovering close to 0. This suggests that the crypto market is charting its own course, independent of broader financial trends. The 30-day correlation of BTC & ETH with traditional … Read more
The AI token, $FET, experienced a 6% decline in value today as it approached the $2 mark, reflecting ongoing outflows from wallets associated with the Fetch.ai Foundation. This movement in price coincided with significant deposit activity on Binance, shedding light on potential market dynamics influencing $FET’s performance. Wallet 0x633, linked to the Fetch.ai Foundation, recently … Read more
Today marks another milestone for Bitcoin as its price surges to a high of $65.4k, according to data from CoinMarketCap. Behind this upward momentum lies intriguing insights into whale behavior and a surprising movement from a long-dormant wallet. Whales, those holding substantial amounts of Bitcoin, have been actively accumulating during market dips, as indicated by … Read more
Over the weekend, Ethereum, the second-largest cryptocurrency, surged past the $3000 mark, reaching a peak of $3220 today. However, amidst this bullish momentum, an interesting development unfolds as a whale takes advantage of the price surge to secure profits. The whale in question, who purchased Ethereum a year ago, has decided to capitalize on the … Read more
In a significant development within the cryptocurrency space, GSR Markets has deposited a substantial sum of 6 million ARB tokens to Binance, valued at $6.42 million, over the past 8 hours. This influx of tokens has piqued the interest of market observers, prompting speculation about the source and motives behind the deposit. Upon tracing the … Read more
Excitement brews in the cryptocurrency community as Ethena experiences a notable 9% surge in value today. However, amidst this upward momentum, significant developments regarding token distribution and market dynamics have come to light. In a move to enhance token distribution and decentralization, Ethena has implemented a phased airdrop strategy. The top 2000 Ethena holders will … Read more
In a whirlwind 24-hour period, Ethereum, the second-largest cryptocurrency, made waves by surpassing the $3,000 threshold before settling back to $2,977 at the time of reporting. Adding to the excitement, Ethereum also saw a surge in new wallet creations, with a staggering 267,000 fresh wallets recorded. This influx marks the highest number of new wallets … Read more
Bitcoin, the world’s leading cryptocurrency, has seen a significant resurgence in its market value, climbing back up to $59.3K after a period of volatility. This surge is accompanied by an intriguing indicator: 84.4% of the network’s available supply is now in profit, marking its lowest level in two months. Traditionally, such dips in this ratio … Read more
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.” Go to Source
