According to recent court filings by the Securities and Exchange Commission (SEC), the Chicago-based firm Jump Trading LLC secretly propped up Terra (UST), the algorithmic stablecoin created by Do Kwon, a year before its eventual collapse. The Wall Street Journal reported on the findings, revealing that Jump Trading made a staggering $1.28 billion from the…
On-chain data from Glassnode shows the Bitcoin whales have recently broken a pattern that was previously held through the halving cycles. Bitcoin Whale Growth Had Previously Been Diminishing With Each Cycle According to data from the on-chain analytics firm Glassnode, the current cycle is displaying an interesting deviation from the rule followed during the last…
The price of Shiba Inu has been consolidating, leading to a downward trend. In the last 24 hours, SHIB has lost 2% of its value, and there has been limited movement on the weekly chart. This indicates a decrease in buying interest and an increase in selling pressure. The market for SHIB appears oversold, but…
On-chain data shows a Bitcoin indicator is currently retesting a crucial level that could decide the direction the market takes from here. Bitcoin Short-Term Holder SOPR Has Plunged To A Value Of 1 As pointed out by an analyst in a CryptoQuant post, the short-term holders are currently selling at their break-even mark. The relevant…
In the world of cryptocurrency, the market can be a confusing and volatile place. This is especially true for Bitcoin (BTC), which has seen its fair share of ups and downs in recent days. Jackis, a well-known analyst in the crypto community, has recently commented on the current state of the market, and his words…
In the fast-paced world of cryptocurrencies, Lido DAO (LDO) has made significant waves in the past week, experiencing an impressive surge of nearly 20%. Though the surge comes at a time the global crypto market is not deep in a downtrend, Lido’s current rally can be attributed to two notable factors. Over the past seven…
Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the price of ALGO by more than 6% in the past few days. Traders are optimistic…
With the rise of crypto at online casinos, Bitcoin slots are becoming a go-to choice for players worldwide. In this comprehensive guide, we’ll explore the top-rated Bitcoin slot sites you need to sign-up for in 2023, as well as the best slot machines accepting Bitcoin. BC.GAME – Outstanding Casino Metaspins – Best Crypto Casino Betplay…
Rook DAO, a decentralized autonomous organization (DAO) operating in the decentralized finance (DeFi) space, made headlines recently as it executed a “rage quit” that resulted in a significant price surge for its native token, ROOK. The move saw the token’s value skyrocket by a staggering 475%, making it one of the best-performing DeFi tokens this…
Shiba Inu ‘burns’ dominate headlines in 2023 as more whale addresses participate in the event. Notably, the Shiba Inu community burnt a massive 3.03 billion SHIB tokens in 24 hours. Blaze token currently leads as the top burner on the network. This record burn occurred in two separate transactions. The burning mechanism aims to remove excess tokens…
