The Ethereum market is currently experiencing a shift, with rising exchange reserves indicating a potential new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets, has shown an increase in recent times. This could be a sign that traders are moving their ETH onto exchanges in preparation
The crypto market has been experiencing a lackluster performance recently, with a noticeable decline in whale activity across major assets such as Bitcoin and Ethereum. According to a recent analysis by Santiment, the number of transactions valued at over $100k has significantly dropped. For instance, during the active period of March 13-19, Bitcoin recorded 115.1k
Digital asset securities have been gaining traction in the financial industry, presenting unique challenges for regulators like the US Securities and Exchange Commission (SEC). In a recent address at the Korea Blockchain Week 2024 event, SEC Commissioner Mark T. Uyeda called for the development of specialized S-1 registration forms tailored specifically for digital asset securities.
Binance CEO, Richard Teng, has recently spoken out against the Nigerian government’s treatment of Tigran Gambaryan, an American executive of the exchange who has been detained since February. Teng condemned the harsh actions taken against Gambaryan in a post on X, emphasizing the need for him to be allowed to go home for medical treatment
The Open Network (TON) and its native token have been encountering a series of challenges recently, with the most recent incident involving a drastic price drop of more than 90% in just a matter of minutes on CoinMarketCap. This sharp decline, as depicted in the graph, saw TON’s price plummet from $5.2 to approximately $0.3.
Recently, the crypto analyst known as the ‘Titan of Crypto’ revealed a unique technical pattern to his 90,000 followers. A golden cross is forming between the 100-day moving average and the 200-day moving average, a pattern that has never been seen before in the market. Typically, a golden cross indicates a bullish long-term trend reversal,
Ethereum’s price action has left many traders disappointed in recent months, with a significant underperformance compared to expectations. The current bearish trend has seen the price of Ethereum drop by 23% over a 30-day period, much to the dismay of investors who were hoping for a bullish surge post the launch of Spot Ethereum ETFs.
The recent filing by the US Securities and Exchange Commission (SEC) regarding FTX’s bankruptcy repayment strategy has raised significant concerns within the cryptocurrency industry. The plan to repay creditors using stablecoins or other digital assets has sparked a debate over its legality under federal securities laws. The SEC’s filing has cast a shadow of uncertainty
MetalCore Season 1 is bringing some significant changes to the gameplay, aimed at enhancing the overall experience for both new and experienced players. One of the key features is the introduction of the “Intro Mission,” which will provide players with a more refined understanding of the game’s mechanics and lore. This addition will not only
The Crypto Wealth Report 2024, compiled by Henley & Partners, indicates a substantial increase in the number of individuals holding over $1 million in digital assets. The report shows a staggering 95% surge to 172,300 individuals in this category. Moreover, the total value of the crypto market has seen a remarkable rise to $2.3 trillion,