Despite a decline, LINK whales have continued their accumulation spree. Chainlink’s (LINK) sharp 40% decline over the past month now raises questions about a potential rebound. The downturn coincides with a network contraction, indicating reduced activity. The token is currently trading at a little over $18. However, certain factors signal...
Binance US Reinstates USD Services After Nearly 3 Years
The services were halted in June 2023. The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be...
How One Crypto Trader Sniped TRUMP at Launch and Made $109 Million (Bubblemaps Investigates)
Despite strong blockchain ties, Naseem has refuted insider trading claims, and insisted that he discovered the TRUMP launch through on-chain activity, and not private tips. Bubblemaps, in collaboration with popular YouTuber Stephen Findeisen a.k.a. Coffeezilla, has identified pseudonymous crypto trader Naseem as the likely account that profited over $100 million...
MANTRA Secures a License From Dubai’s VARA to Operate as a Virtual Asset Exchange
The permit will also strengthen MANTRA's presence in the Middle East region. The DeFi platform MANTRA obtained a Virtual Asset Service Provider (VASP) license from Dubai’s dedicated regulator overseeing crypto operations. The approval now allows the entity to serve as a Virtual Asset Exchange and provide Broker-Dealer and Management and...
Ripple Whales Go on a Buying Spree Again: Is XRP Ready for New Heights?
"XRP looks to be breaking out of an ascending triangle on the lower time frames," Ali Martinez maintained. TL;DR Whales have purchased almost $400 million worth of XRP in the last two days, which could potentially drive upward pressure on the asset’s valuation. Growing anticipation for a spot XRP ETF,...
Illegal Bitcoin Mining Operation Exposed After Fire Erupts in Malaysian Home
Malaysia’s power crisis deepens as illegal crypto mining drains resources which, in turn, has pushed authorities to intensify raids, arrests, and equipment seizures. Malaysia was rocked by an unexpected discovery on Tuesday when an explosion and billowing smoke from a house along Lorong Cekara Purnama, Bandar Puncak Alam, led authorities...
Will Bitcoin Drop Below $80K Before Reaching a New ATH? (BTC Price Analysis)
Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi...
Is XRP About to Explode to $4 Soon? Ripple Price Analysis
Ripple’s price has been on a massive uptrend over recent weeks, even with the flash crash it experienced a couple of weeks ago. Yet, for a further bullish continuation to materialize, a specific resistance range needs to be overcome. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the...
Tron’s SunPump Transactions Spike as Meme Coin Activity Gains Momentum
SunPump transaction spikes could precede volatility, despite indicating strong market activity. There has been a resurgence in transactions per token on the Tron-based platform for the launch and trading of meme coins, SunPump. The latest trend indicates a renewed interest in meme coins within the Tron network, as this controversial...
From PENGU to zkSync: Pudgy Penguins’ Massive Airdrop Windfall Explained
Beyond PENGU, airdrops from Dymension, Omni Network, zkSync, and LayerZero boosted Pudgy Penguins holders' earnings significantly throughout 2024. Pudgy Penguins NFT holders have amassed significant rewards from a series of lucrative airdrops over the past year. The latest data suggest that this figure could be around $137,000 per NFT at...
