Tag: Investors

Traditional investors persistently procuring Bitcoin from old whales

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On-chain data confirms that old Bitcoin (BTC) whales have been divesting their BTC tokens to traditional institutional investors, as the firstborn cryptocurrency continues to command growing interest in Wall Street. Ki Young Ju, the founder and CEO of CryptoQuant, highlighted this phenomenon in a recent analysis, drawing attention to a comparative analysis of Bitcoin’s demand and supply across old and new whale addresses. The data suggests that the Bitcoin network is experiencing a surge in demand from emerging whale entities, coinciding with heightened selling activity among established whale addresses.  This…

Investors withdraw $350m worth of ETH, USDT, USDC from KuCoin

KuCoin users have withdrawn a massive amount of Ethereum (ETH), USDT and USDC from the exchange over the past 24 hours. According to data provided by Coinglass, KuCoin witnessed a total of over $350 million in withdrawals over the past day: 19,722 ETH (worth $70.2 million), 275.3 million USDT, and $4.5 million USDC. The massive withdrawals come almost a day after two KuCoin founders, Chun Gan and Ke Tang, faced money laundering charges from the U.S. Department of Justice.  U.S. Attorney Damian Williams claimed that KuCoin processed over $5 billion…

Investors eye XRP, LUNC, and NuggetRush as Bitcoin halving nears

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The NuggetRush (NUGX) presale is attracting web3 investors, as the Bitcoin halving event rapidly approaches. NuggetRush combines gaming rewards with tangible assets like gold, gaining traction and raising over $3.3 million in funding. Ripple focuses on cross-border payments, while Terra Classic offers stable global payments, both positioned for growth amid the Bitcoin halving. The crypto community awaits the upcoming Bitcoin halving, just a few weeks away. With this event…

Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights

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Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance between the surging demand and the decreasing sell-side liquidity, with […] Original

Ripple Provided Big XRP Price Discounts To Select Investors: SEC

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In the XRP lawsuit, the US Securities and Exchange Commission (SEC) filed its motion for remedies and entry of final judgment against Ripple, proposing a suite of penalties that includes injunctive relief, disgorgement of profits, and a notable $2 billion in civil penalties today. But that’s not the whole story as the 210-page document contains some interesting statements and assertions. #XRPCommunity #SECGov v. #Ripple #XRP The @SECGov has filed its Motion for Remedies and Entry of Final Judgment, its Memorandum of Law in Support of that Motion, and its “Proposed”…

PEPE’s marketcap soars as KangaMoon presale draws investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As PEPE’s market cap aims for $50 billion after a tenfold surge, KangaMoon (KANG) emerges as a formidable contender with its presale results. Pepe (PEPE) has recently pumped 10x and now has its sights on a $50 billion market cap. Meanwhile, it seems like KangaMoon (KANG) is making huge strides as it grows during a presale event of discounted tokens. Pepe surges 968% Pepe the Frog, a popular internet…

IDEX surges 33%, investors interest skyrockets

IDEX, the native token of the hybrid decentralized exchange (DEX) and market-making protocol of the same name, has increased 33% over the past 24 hours as it records a surge in investor interest. The crypto asset, often leveraged for gas fees and liquidity provision on the Idex exchange, had witnessed a generally bearish trend over the past two weeks, dropping 30% from $0.0920 on March 13 to a low of $0.0642 on March 20 as the broader market fell. IDEX price – March 25 | Source: CoinMarketCap However, this price…

Rebel Satoshi’s RECQ token presale attracts FLOKI, PEPE investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi’s $RECQ token presale wows investors with its projected 525% presale ROI, as FLOKI and PEPE record price dips. FLOKI loses 31% in a week: Will bulls return soon? FLOKI plunges 31% in a week, but experts expect it to start climbing soon.PEPE shed 16% in a week, but analysts expect it to gain traction by month’s end. Some of the top crypto coins have wiped off significant…

BTC, ETH investors turn attention to Kelexo presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin (BTC) experiences a sharp decline to $63k and Ethereum (ETH) halts its bull run, investors are shifting their focus to the Kelexo (KLXO) presale, drawn by its features and potential. Recent bearish market moves have seen Bitcoin’s (BTC) value fall sharply to $63k. The popular crypto token, alongside Ethereum (ETH), has been a major winner in the recent crypto market boom that saw both tokens rise to…