Data from the blockchain shows that around $109 million worth of Polygon ($MATIC) have been sent to wallets belonging to leading cryptocurrency exchange Binance over the past few hours, suggesting the cryptocurrency’s price is set to undertake significant selling pressure. The first transfer involved the movement of 40 million MATIC, […]

The removal of Dogecoin’s mascot comes just days after Elon Musk’s Twitter put it up on its homepage on 3 April. The move caused a massive spike in DOGE’s price and daily trading volume. The memecoin gained more than 30%, reaching as high as $0.101 within hours. By 4 April, […]

Cardano ($ADA), the seventh-largest cryptocurrency by market capitalization, has seen a surge in buying activity from large investors, colloquially referred to as whales. These large token holders have added a total of 150 million tokens over the past month. According to data shared by crypto analyst Ali Martinez from IntoTheBlock, […]

The price of $XRP, the native token of the XRP Ledger, has surged more than 10% over the last 24-hour period after some in the cryptocurrency community pointed out that in the lawsuit the Commodity Futures and Trading Commission (SEC) filed against Binance, it named several digital assets as commodities. […]

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The largest whales on the Ethereum ($ETH) blockchain have stockpiled an astounding 56 trillion Shiba Inu ($SHIB) tokens worth over $600 million, making it the largest altcoin holdings among these whale addresses. According to data from whale monitoring service WhaleStats, the 2,000 largest whales on the cryptocurrency’s network now hold […]

Institutional investors have dumped cryptocurrency investment products offering them exposure to top digital assets like Bitcoin ($BTC) and Ethereum ($ETH) over the past week, but have notably kept raising bets on products offering exposure to altcoins like $XRP, Solana ($SOL), Litecoin ($LTC), and Polygon ($MATIC). According to CoinShares’ latest Digital […]

Bankrupt cryptocurrency lender Voyager Digital has sent an additional 270 billion tokens of the meme-inspired cryptocurrency Shiba Inu ($SHIB) to the Nasdaq-listed cryptocurrency exchange Coinbase, alongside other tokens including Ethereum’s ether. According to data from blockchain analysis service Lookonchain, Voyager has sent an additional 270 billion SHIB tokens to the cryptocurrecy exchange, […]

Decentralized exchanges (DEXs) have experienced a significant trading volume surge during the stablecoin crisis seen earlier in the week, which saw the value of the second-largest stablecoin by market capitalization, USDC, plunge to a low of $0.87 before recovering, According to CryptoCompare’s latest Market Analysis blog post, this market USDC’s […]