Tag: Million

Whale Scoops Up $84 Million Worth Of LINK

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The cryptocurrency market has been abuzz with excitement as a mysterious Chainlink (LINK) whale embarks on a remarkable shopping spree, accumulating an astonishing volume of LINK tokens. Recent data from Lookonchain reveals that this enigmatic whale wallet has acquired more than 4.5 million LINK tokens over the course of just three days. Based on the current LINK price, this accumulation is valued at a staggering $84 million. Chainlink Whales Surge, Holders Optimistic This relentless accumulation activity by the Chainlink whale has captured the attention of analysts and investors, generating anticipation…

Bitcoin (BTC)’s Price Faces Threat As Analyst Foresees $54.73 Million Liquidation

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According to data from CoinMarketCap, Bitcoin (BTC) has maintained its upward price trajectory over the last day, gaining by 4.04% to briefly trade above the $48,000 mark. As BTC now hovers around the $47,100 price zone, investors and market experts remain highly speculative about the token’s next action. On that note, popular analyst Ali Martinez has called a major prediction that could spell weighty losses for many investors.  Liquidity Hunters Target $45,810 In Potential Bitcoin Price Manipulation Plot  In an X post on Friday, Martinez predicted an incoming dip in…

Chainlink Breeds New Whales As $49.9 Million Accumulation Spree Cause Prices To Surge

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Chainlink (LINK) has traders buzzing as its price has been up by 40% since the last week of January, massively outpacing the broader cryptocurrency market. Amidst this price spike, mysterious whale wallets have been topping up their holdings, as evidenced by on-chain data.  According to blockchain tracker Lookonchain, there’s been a massive outflow of LINK from crypto exchange Binance in the past two days, particularly with 49 new wallets receiving 2,745,815 LINK within this timeframe.  Massive LINK Accumulation Occurs On Binance Before Withdrawal Details from Binance point to an ongoing…

BTC To Reach $1 Million Amid Banking Turmoil

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Arthur Hayes, co-founder of BitMEX and a well-known figure in the crypto community, has made headlines with a bold prediction for Bitcoin (BTC). Hayes, recognized for his unique views of the crypto space, shared his thoughts on Bitcoin’s potential trajectory in light of the current financial challenges the New York Community Bank (NYCB) faces. NYCB, grappling with significant financial troubles, was reported by Bloomberg as having its credit rating downgraded to “junk” by Moody’s. Hayes interprets the bank’s struggle and the broader banking sector’s difficulties as indicators of systemic issues…

Coinbase-Backed DeSo SocialFi App Focus Raises $75 Million in One Week – Blockchain News, Opinion, TV and Jobs

Los Angeles, California, February 7th, 2024, Chainwire Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited time Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by amassing over $75 million in token reservations within its first week of launch. This unprecedented achievement not…

100 Million DOGE Floods Robinhood

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In a surprising turn of events within the cryptocurrency realm, Dogecoin (DOGE), the popular meme coin, experienced a frenzy in the broader crypto market. The cause of this excitement was a recent significant whale transaction that caught the attention of traders and investors globally. DOGE Whales: Surging Transfers, Market Speculations According to blockchain metrics highlighted by the tracker Whale Alert, a staggering 100 million DOGE, equivalent to $7.83 million, was observed on the move. This notable transfer from an unknown wallet, identified as …wwKF, to the renowned American financial services…

Massive $29.3 Million Whale Transfer Threatens XRP Price With More Sell Pressure

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The XRP price has yet to recover from the latest exploit, which resulted in Ripple’s co-founder Chris Larsen being hacked and 213 million XRP worth $120 million carted away. This seems to have further spooked a depleting whale account base, as on-chain data points to XRP whales already exiting their positions in the past few weeks.  Particularly, on-chain data from whale transaction tracker WhaleAlerts points to a recent transaction of 29 million XRP tokens transferred from an unknown wallet to the crypto exchange Bitstamp. Massive XRP Whale Transfer To Crypto…

Bitcoin, Solana Take Center Stage In $721 Million In Institutional Inflows

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According to a CoinShares report, Bitcoin and Solana led the way in the amount of institutional inflows into digital asset investment products last week. The report also highlighted an emerging trend among Spot Bitcoin ETFs in the US.  Bitcoin Records $703 Million In Inflows Bitcoin is reported to have seen inflows totaling $703 million last week, thereby accounting for 99% of all flows into these investment products. Solana came in a distant second with an inflow of $13 million, outperforming the second-largest crypto token, Ethereum, which saw an inflow of…

Global Crypto Assets Record $708 Million in Weekly Inflows

CoinspeakerGlobal Crypto Assets Record $708 Million in Weekly Inflows Global crypto assets posted $708 million in inflows last week, marking the first net positive inflows in the past three weeks, according to Coinshares’ weekly fund flow report. The inflows saw the total assets under management increase to $53 billion. Since the introduction of US spot BTC ETFs, the total inflows from the ETFs hit $7.7 billion. Total outflows from other issuers shot to $6 billion, but the momentum has reduced significantly. GBTC was responsible for most of the outflows, totaling…

Nibiru Chain Secures $12 Million to Fuel Developer-Focused L1 Blockchain – Blockchain News, Opinion, TV and Jobs

Dallas, Texas, February 5th, 2024, Chainwire Nibiru Chain, a general-purpose layer 1 blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth. Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital.  “Nibiru has taken all of the best in class technology and research developed over the past few cycles and packed them into the best new chain we have ever analyzed. They optimize for developers with a built-in dev toolkit,…