The recent on-chain data analysis reveals that there has been a significant shift in Bitcoin exchange netflow, which could potentially have positive implications for the asset. In a detailed analysis by an analyst in a CryptoQuant Quicktake post, it was pointed out that investors have been withdrawing their coins from exchanges in recent times. This
Bitcoin
Binance, one of the leading cryptocurrency exchanges, has recently made an announcement regarding the halt of 39 liquidity mining pools. This decision comes after a thorough assessment of the platform’s liquidity mining performance. According to Binance, the objective of this action is to concentrate liquidity for users, optimizing their trading experience and minimizing issues related
The cryptocurrency market has been buzzing lately, with Toncoin (TON) catching the attention of investors due to its remarkable price surge of over 8% in just one week. This surge has sparked discussions about Toncoin’s future growth potential and renewed interest in the overall cryptocurrency market. Currently sitting at $1.46 per coin, Toncoin ranks as
Shibarium, the layer 2 blockchain, has recently relaunched after a temporary shutdown. This relaunch has had a significant impact on the price of Bone Shibaswap (BONE), with the token experiencing a massive 17% increase in the last 24 hours. The relaunch of Shibarium has generated renewed interest in the project and has resulted in new
While many XRP investors rejoiced when Judge Analisa Torres declared that XRP programmatic sales do not qualify as securities, the euphoria has since faded. The United States Securities and Exchange Commission (SEC) has taken action, and as a result, the coin’s price is experiencing a correction and witnessing massive sell-offs. The recent movement of 29.3
Solana’s native token, SOL, has experienced heavy losses in the past few days amid the recent downtrend in the crypto market. However, there seems to be a glimmer of hope as the token’s price moves on the daily chart showed the formation of a green candlestick yesterday after a series of vivid red ones. Over
The Kenyan government has recently established a committee to investigate the activities of American-based cryptocurrency firm, Worldcoin. This decision comes as the company’s collection of biometric data fails to comply with Kenya’s data privacy laws, raising concerns about security risks and potential health hazards. The committee, consisting of 17 members, has been given a limited
Bitcoin, the most valuable cryptocurrency, is currently facing a critical juncture as indicated by the candlestick formation in the weekly chart. Notably, renowned analyst Tony Spilotro sounded the alarm after identifying a bearish head-and-shoulder pattern in the chart. While the pattern is in its final phase of formation, its realization could have dire consequences for
The Bitcoin market has been relatively stable around the $29,000 level for the past week. This indicates a lack of activity and momentum, as well as investor reluctance to engage with the digital asset at this point. Many investors anticipate another crash before the bull market resumes, but a crypto analyst known as “Tony The
The cryptocurrency market is no stranger to unexpected fluctuations, and recently, XRP has experienced a remarkable surge in trading volume. With an impressive increase of $3 billion reported by Messari, this surge reflects the cryptocurrency’s enduring appeal, adaptability to market trends, and potential to disrupt traditional finance. However, this surge has left market analysts puzzled,
