Tag: Million

Ethereum Whales Scoop Up $230 Million In ETH In One Week

In the past week, some of the biggest Ethereum whales, those with holdings ranging from 1 million to 10 million ETH, have accumulated an impressive 100,000 ETH, valued at a staggering $230 million. This active buying stance by influential investors highlights their unwavering belief in the long-term potential of Ethereum, even in the face of recent price corrections. Despite the recent downtrend in prices, indications from recent Ethereum whale activities suggest a persistent confidence in a bullish market continuation. Wealthy Traders Accumulate Millions In Ethereum Subsequent to the promising start…

Michael Saylor Remains Bullish on Bitcoin as Future Digital Gold, Targets $1 Million per Coin

“I think Bitcoin is going to go into the stratosphere,” Saylor commented when asked about Bitcoin’s 56% value surge since October. During a recent interview with CNBC, Michael Saylor, the Executive Chairman and co-founder of MicroStrategy Inc (NASDAQ: MSTR), expressed his unwavering confidence in Bitcoin’s (BTC) long-term path. He highlighted certain fundamental aspects that will position BTC as the digital equivalent of gold, making it a crucial component of institutional investment portfolios worldwide. Michael Saylor on Bitcoin While the broader cryptocurrency landscape faces uncertain prospects in the eyes of many…

MicroStrategy’s Michael Saylor Calls Bitcoin An Institutional-Grade Asset Destined For $1 Million

Microstrategy’s Executive Chairman and Co-founder, Michael Saylor, is one who always uses every opportunity to heap praises on the flagship cryptocurrency Bitcoin. Once again, he didn’t disappoint, as BTC was the center of discussion in his latest media appearance.  Bitcoin Going To $1 Million In an interview with CNBC, Michael Saylor stated that Bitcoin is going to $1 million if it isn’t going to “zero.” He noted that the “big question” in relation to BTC’s potential was whether or not the digital asset was legitimate. According to him, if Bitcoin…

Dogecoin Miners Dump 240 Million Tokens, Can DOGE Price Still Recover To $0.2?

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Dogecoin began a recovery with the rest of the crypto market in October and by December, the altcoin’s price would rise to a local peak of $0.107. Amid this recovery, DOGE miners have been selling off a significant portion of their holdings, which could explain the decline in the asset’s price earlier in the week. Dogecoin Miners Sell $25 Million Worth Of Tokens Dogecoin miners are some of the largest holders of DOGE with their holdings running into the billions. So any significant activity from them in one direction or…

Terra Classic Validator Presents ‘Legally Absolved Route’ To Burn 800 Million USTC

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Back in August 2023, the Terra Classic community passed a proposal that would see 800 million USTC incinerated. This move came about as the community worked to help the token recover and be re-pegged back to the US dollar. Naturally, the proposal passed and the community prepared for the massive burn. That is until the plan hit a snag. Terra Classic Validators Worried About Code Changes The 800 million USTC mentioned in the proposal to be burned are the tokens held in the community treasury and managed by Risk Harbor.…

SHIB Roars as Shibarium Hits 100 Million Transactions – Big Things Unfolding

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Shiba Inu’s layer-2 blockchain Shibarium has breached the 100 million transaction milestone. This brought more exposure to SHIB which has led to a big jump in price. According to Coingecko, the token is up nearly 8% in the weekly, with the biggest bump happening in the bi-weekly timeframe at 23%.  Shibarium’s recent achievement isn’t the only thing positive on SHIB this week. With the broader market seemingly ending the year on the green, Shiba Inu aims to follow suit.  Shibarium In The New Age According to Shibariumscan, the L2 chain…

Is A Mega Bull Run Incoming? Whale Transfers Over $780 Million Of Stablecoin To Binance

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Data Nerd Data on December 13 shows that over the past 24 hours, the wallet “0xea8” moved 200 million BUSD from Binance, the world’s leading cryptocurrency exchange by client count. The whale transfer caught the attention of keen crypto users, who also noted that the transfer was soon followed by a deposit of 99.95 million FDUSD, a stablecoin supported by the exchange. Whale Address Accumulating FUSD Stablecoin On Binance That the address is shuffling and accumulating large amounts of stablecoins is noteworthy. Data Nerd Data shows that the address has transferred over…

Shiba Inu Rally To $0.0001? Shibarium Transaction Count Breaches 90 Million Milestone

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Shibarium, the Shiba Inu Ethereum Layer 2 network, has been ramping up in the last few weeks. The rapid rate of adoption has led to a rise in the number of transactions being carried out on the network on a daily basis, leading to a new milestone. Over 90 Million Transactions Carried Out On Shibarium According to data available from ShibariumScan, the total number of transactions carried out on the Shiba Inu Layer 2 network has now crossed the 90 million mark. This comes after multiple days of over 6.5…

Sam Altman-Backed Crypto Startup Looks To Secure $100 Million For Bitcoin Private Credit Fund

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Meanwhile Advisors, a crypto startup backed by the American entrepreneur Sam Altman, has announced plans to raise $100 million for a Bitcoin (BTC) private credit fund.  The fund, known as Meanwhile Private Credit Fund aims to provide institutional investors with access to BTC while targeting an additional 5% yield denominated in the cryptocurrency. Bitcoin Rally Sparks Launch Of Meanwhile Advisors Fund According to a report by The Block, Meanwhile Advisors has launched the fund as Bitcoin continues its recent rally, with prices currently falling from the $44,000 level down to…

Micheal Saylor’s Poll Unveils Bitcoin Enthusiasts Aiming For $1 Million Mark

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Recently, Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin (BTC) proponent, took to social media to gauge the Bitcoin community’s sentiment on the future price of the digital asset. Saylor, who has transitioned from CEO to head of Bitcoin strategy at MicroStrategy, posed a significant question to the Bitcoin community on X. Saylor’s inquiry was straightforward yet profound: “How high will BTC need to rise before you would consider selling a small portion of your Bitcoin?” This question, aimed at understanding the threshold that might trigger selling decisions, garnered…