[ad_1] The recent activities of Ethereum’s large investors have raised hopes of a continued bull market. After a strong price move last week that saw Ethereum surpass $3,000 for the first time since August, this new wave of accumulation could be a positive signal for the crypto market. The third quarter saw significant selling from Ethereum whales as multiple large holders offloaded their assets, dampening price momentum. At the time of publication, the second-largest crypto was trading at $3,049 after a 3% drop in the past day. The price has experienced a 4% jump in the past week. Whale ActivityHowever,…
Author: dfrancis36
[ad_1] A recent survey by Swiss digital bank Sygnum found that 72% of institutional investors – including family offices, external asset managers, fund managers, and hedge funds – are open to investing in crypto assets. Institutional Investors Getting Comfortable With Crypto Assets Conducted at the end of Q3 2024, the Sygnum Future Finance Survey gathered responses from over 400 institutional and professional investors across 27 countries. Notably, 33% of the respondents were Sygnum clients and investors. The survey highlighted an increase in risk appetite among traditional institutional investors toward digital assets. Over 53% of client portfolios have allocated more than…
[ad_1] Este artículo también está disponible en español. Solana-based Memecoin Dogwifhat (WIF) is among the tokens leading the crypto market. The cryptocurrency surged over 40% in the last 24 hours, breaking above the $4 resistance zone following its Coinbase listing. As a result, some market watchers forecasted a massive WIF rally before year-end. Related Reading Dogwifhat Rallies 40% Amid Coinbase Listing Dogwifhat has been one of the best-performing memecoins of this cycle, seeing a 2000% surge to its $4.83 all-time high (ATH) in March. The token led the Solana meme frenzy during Q1 but faced a significant 66% price drop…
[ad_1] A small Asian country sitting in the Himalayas is now among the largest holders of Bitcoin in the world. Bhutan might be occupying a small land area but it achieved a huge milestone in its cryptocurrency investments hitting $1 billion worth of Bitcoin. Strategic Move The landlocked Himalayan country has been increasing its presence in the crypto space by building its Bitcoin reserves. This move which analysts see as a strategic investment approach now bore positive results. Arkham Intelligence reported that Bhutan became a major player in the cryptocurrency industry, owning $1 billion worth of BTC, an outstanding feat…
[ad_1] A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “Have been scalping CRV and shared most of those scalps here live over the…
[ad_1] They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling…
[ad_1] AirDAO’s $HBR token presale has surpassed expectations, marking a successful launch for the first of three innovative tokens under the Star Fleet Initiative. With significant early participation, the $HBR presale has highlighted the strong demand for AirDAO’s accessible DeFi products, and excitement is already building for the $AST presale, set to launch on [date]. $HBR Presale Draws $200K+ Value With the $HBR presale now closed and achieving upwards of 200k USD raised and 5% of the supply sold, early adopters have eagerly embraced Harbor’s flexible liquid staking model. Powered by $HBR, Harbor allows users to earn $AMD and $BOND…
[ad_1] Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with leading exchanges, particularly Binance, at the forefront of this trading frenzy. Record Trading Volumes And Market Volatility Risks A CryptoQuant analyst known as Crazzyblockk shared insights into the trading frenzy phenomenon, noting that the futures market for Bitcoin has become “exceptionally overheated.” According to…
[ad_1] On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently. The “Exchange Netflow” here refers to an indicator that keeps track of the net amount of Bitcoin moving into or out of the wallets of a given exchange or group of platforms. When the value of this metric is above zero, it means the investors are transferring a…
[ad_1] BNB price struggled to clear the $665 resistance zone. The price is consolidating and might aim for a fresh increase above the $635 level. BNB price started a downside correction from the $665 resistance zone. The price is now trading below $640 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $620 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $600 level to start another increase in the near term. BNB Price Holds Support After a close above the $620 level,…