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...
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...
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...
Dogecoin (DOGE) Price Predictions: Is a New ATH Incoming?
Despite the optimistic predictions, DOGE remains deep in red territory on a monthly scale. TL;DR Dogecoin has retraced to the key 0.618 Fibonacci level, with analysts predicting a potential rebound and even a surge to a new all-time high of $2.30. The SEC’s acknowledgment of Grayscale’s DOGE ETF application boosts...
US Officials Crack Down on Bitcoin Mining Hardware Imports: Report
Bitcoin miners in the US face growing uncertainty as customs detainments of foreign ASICs increase. Bitcoin mining hardware is facing increased scrutiny from US officials. Recent seizures at entry points hint at a broader enforcement push that could impact major manufacturers and miners alike. At the request of the Federal...
BTC-e Operator Released in US-Russia Prisoner Swap
The exchange comes amid strained U.S.-Russia relations over Ukraine, highlighting the complexities of high-profile prisoner swaps. Russian national Alexander Vinnik, previously convicted for running a multi-billion-dollar money-laundering operation through his BTC-e crypto exchange, has been released in a prisoner exchange between Russia and the United States. In return, Moscow freed...
