Ripple Whales Accumulate Over 380 Million XRP in Just 10 Days: Is A Breakout Near?

Este artículo también está disponible en español. XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days.  Related Reading This aggressive accumulation suggests a growing confidence among large holders as the market rallies toward higher prices. Analysts and investors closely watch XRP, anticipating a breakout from key supply levels that could trigger a rally to new highs.  With…

Bingx Hit With $52 Million Hack, Lazarus Group Suspected

Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were not targeted by the hackers. A security firm believes a North Korea-linked hacking group, Lazarus Group, […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the $63,000 level. The chart below shows what the asset’s recent performance has looked like. The graph shows that after this 5% jump over the last 24 hours, the cryptocurrency is no longer far from reaching…

Solana Active Addresses Hit 75 Million As SOL Breaches $140

Este artículo también está disponible en español. Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses. The surge speaks to growing popularity of the network, especially in areas like developer and user activity within the decentralized applications (dApps), DeFi, and NFT sectors. Related Reading With such an increase in Solana’s activities, the platform stretches even further away from others as it remains one of the most scalable and efficient blockchains available. Despite this positive momentum, recent market activity has seen significant volatility for SOL. On…

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023. BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business. This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase in South Asia and Southeast Asia also increased by 729% and 216%, respectively. In the first half of 2024, the net inflow of assets on BitGet reached $779 million. The platform’s daily trading volume is…

17 Million Users Claimed Dogs Airdrop on TON Reaching ‘Unheard of’ Levels of Web3 Engagement

The TON team highlighted the magnitude of the recently concluded dogs token generation event and its subsequent airdrop, which disrupted its network several times. On social media, the TON team stated that unique active users rose to 1.1 million, reaching 14.4 million transactions in one day. In addition, dogs made history as the token with […] Source CryptoX Portal

Metaplanet Grows Bitcoin Holdings With $2.2 Million Acquisition

Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin […] Original