Day: January 20, 2024

Uniswap, Pullix, and Tezos outperform; exceed analysts’ forecasts

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The past week has been a rollercoaster in crypto. While attention is fixed on Bitcoin and Solana, a few other altcoins like Uniswap (UNI), Pullix (PLX), and Tezos (XTZ) have also been trending higher. UNI rose to a yearly high of $7.8 in December.  Despite a recent dip, UNI is still bullish, adding 10% in the past month.  Overall, UNI averaged $6 in 2023. This suggests that the token…

Bitcoin Whale Carries Out Massive Sell-Off

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An anonymous Bitcoin whale may have triggered a massive sell-off panic in the crypto market recently. According to an X (formerly Twitter) post by Ali Martinez, the whale sold off a whopping 59,000 BTC totaling over $2.45 billion.  Bitcoin Whale Dumps 59,000 BTC In his X post, Martinez announced that a Bitcoin whale has initiated a large-scale dump, selling off approximately 59,000 BTC. He shared a chart displaying the Bitcoin Spend Output Age Bands which revealed that the Bitcoin whale had initially acquired 59,346.950 BTC during the last six months…

Crypto Exchange Giant HTX Hit With DDOS Attack, Justin Sun Says User Funds Are Safe

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Hackers hit the crypto exchange giant HTX with a distributed denial of service attack (DDoS) on Friday morning, causing a brief outage. A DDoS attack is a malicious attempt by bad actors to flood the target website with traffic to overwhelm the site’s infrastructure. HTX is the newly rebranded name of Huobi. Tron (TRX) founder Justin Sun, who says he’s an “advisor” for the exchange, announced the hack early Friday morning. The crypto mogul noted a few minutes later that services had been restored and all user funds were safe. The…

Bitcoin Spot ETFs Approved After 14 Years- The Journey So Far

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The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s now the era where the past will be appreciated for its foresight and doggedness.  When the pioneer cryptocurrency and digital currency, Bitcoin launched in January 2009, it was nothing like a real-world asset or of an ‘agreed’ digital value, but an almost neglected bag of gold as it faced enough rejection from all phases. Even with Satoshi’s Whitepaper, Bitcoin wasn’t…

Spot bitcoin ETFs will make new market options, according to experts

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Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products. Cboe Global Markets’ Catherine Clay believes options are a natural progression for bitcoin ETFs. “We believe that the utility of the options, what they provide to the end investor in terms of downside hedging, risk-defined exposures into bitcoin, really would help the end investor and the ecosystem,” the firm’s global head of derivatives told CNBC’s “ETF Edge” this week. The Cboe, the largest U.S. options exchange, filed with the SEC on…

Astar Makes History, Investors Celebrate 16% Price Hike

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Astar ( ASTR), a parachain on the Polkadot ecosystem, has been making waves recently, not with flamboyant pronouncements, but with solid numbers and genuine growth. Source: Coingecko Astar: A Community Blossoming Astar has made a historic achievement, boasting an impressive 650,000-strong community of ASTR enthusiasts, showcasing its growing appeal within the Web3 space. This isn’t just passive fandom; a staggering 3.4 billion ASTR tokens, over 63% of the circulating supply, are staked within the ecosystem, demonstrating remarkable faith in the network’s future. Astar isn’t chasing fleeting trends; its focus is…

BTC vs ETH: a comprehensive comparison

Bitcoin vs. Ethereum: read our exploration of the key differences, features, performances, and prospects. Cryptocurrency has changed the financial landscape, with Bitcoin (BTC) and Ethereum (ETH) emerging as two leading players in the space. In this comprehensive comparison, we will delve into the key differences between Bitcoin and Ethereum, exploring their features, recent performances, and prospects. Understanding the nuances of these cryptocurrencies is crucial for investors, developers, and enthusiasts alike, given their significant impact on the digital economy. Understanding Bitcoin and Ethereum In the world of crypto, BTC vs ETH…

Analyst Reveals Key Levels Of Importance

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Crypto analyst Egrag Crypto has revealed key price levels to watch out for in one of his latest analyses of XRP. The analyst hinted that these prices could be crucial especially following his prediction that the crypto token will rise to $5 in 90 days.  Targets That Confirm An XRP Bull Run  In a post on his X (formerly Twitter) platform, Egrag highlighted $0.60, $0.75, $0.95, and $1.3 as price levels to keep an eye out for as they will validate a bullish trend. He says, “A weekly close above…

Terra Luna Classic fans bullish as new tokens take off

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Terra Luna Classic falling NuggetRush concludes round four of presale Wall Street Memes firm ahead of expected bull run Bitcoin (BTC) and other altcoins are edging lower. This downtrend has affected projects like Terra Luna Classic (LUNC). Amidst this market slump, new meme coins like Wall Street Memes (WSM) and NuggetRush (NUGX) remain firm, grabbing investor attention. NuggetRush is trending in crypto gaming NuggetRush is a new meme coin that…