Only 1,032 Addresses Control Over 60% Of All Litecoin (LTC) In Circulation
1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege? Records from the “Top 100 Litecoin Rich List” show that 7,355,585 LTC in circulation worth $639,814,097 are…
Stablecoins Interest Spikes As Traders Look To Exit Market
Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the…
Ripple Transaction Count Down 65%, Will This Affect XRP Prices?
The number of on-chain Ripple (XRP) transactions on the XRPL is down 65% from 2.5 million on March 19 to less than 900,000 on May 14, 2023. XRP Transactions Crashing As of May 14, 2023, 852,000 transactions were processed by the XRPL, a…
Dogecoin Clone Doge CEO Skyrockets Nearly 200% As Meme Coin Mania Rages On
Doge CEO, the cryptocurrency inspired by Dogecoin, has witnessed an extraordinary surge, skyrocketing nearly 200% in the face of an ongoing mania surrounding meme coins. As investors continue to embrace the eccentricity and unpredictability of the…
Dogecoin Sees Highest Transactions Count Ever Due DRC20 Madness
The Bitcoin Inscriptions craze is spreading to Dogecoin. The number of transactions that the Dogecoin blockchain has had to process in the last few days have risen to an all-time high, mainly due to the new DRC20 token standard. DRC20 tokens on…
PEPE Outperforms Bitcoin In Social Media Buzz, Triggers Bullish Run For Frog Coin
Pepecoin (PEPE) has recently gained significant attention on social media platforms, outperforming Bitcoin in terms of buzz and hype. As the cryptocurrency market continues to evolve rapidly, the power of social media in driving prices and market…
Data from BitcoinInfoCharts, an analytics platform, shows that there are far more tweets about Bitcoin than Dogecoin despite the spike of meme token activity in the past month. Tweets About Bitcoin Exceed Those Of Dogecoin As of May 14, there were…
Shiba Inu Coin Holders Hit Hard As 80% Of Addresses Smothered In Red
Shiba Inu is causing significant losses for its investors. Recent data reveals that the hype surrounding SHIB, the once darling of the meme coin industry, may have led many investors astray. At the time of writing, a staggering 80% of all Shiba Inu…
Ripple CLO Exposes How SEC Ignores Law And Brags About It
The legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) in the US District Court of Southern New York is still awaiting a ruling from Judge Analisa Torres. Just last week, Ripple CEO Brad Garlinghouse downgraded…
US DoJ Goes After Rogue Exchanges As Crypto Crimes Grow ‘Significantly’
Eun Young Choi, the first director of the National Cryptocurrency Enforcement Team (NCET), has told reporters that crypto-related crimes have risen significantly in recent years. Through her team, the United States Department of Justice (DoJ) now…
This Week In Bitcoin And Crypto: Key Dates That Will Impact Prices
After eight consecutive red daily candlesticks, the Bitcoin price ended the day yesterday (Sunday) with a green daily candle. The Bitcoin and crypto market is entering a week that, while not a macro blockbuster week, could still be trend-setting…
Trader Has Over $10 Million Of PEPE And LADYS, But Can’t Sell
As PEPE prices recover after a 76% slump from May 2023 peaks, a trader holding over $10 million worth of Pepe Coin (PEPE) and Milady Meme Coin (LADYS) meme tokens can, reportedly, not sell as both projects have blacklisted his addresses. Striking…
Bitcoin Price Restarts Increase But This Resistance Is The Key
Bitcoin price is recovering higher above the $27,000 resistance. BTC must clear the $27,800 resistance to start a decent increase in the near term. Bitcoin tested the $26,000 support zone and is currently recovering higher. The price is trading…
Ethereum developers have taken measures to address the finality issues that occurred on the Beacon chain in the past week. On May 11 and May 12, the Beacon chain, the consensus layer of the Ethereum network, was unable to reach finality on two…
KAVA Soars 31% This Week With Anticipation Of Mainnet Upgrade
KAVA, the utility token of decentralized blockchain Kava, has been on a strong bullish trend in the last few days. The cryptocurrency maintained this momentum despite the bearish market sentiment in the past week, garnering an impressive 31% price…
Bitcoin SV Tallies 10% Gains On Weekly Chart, Nears $40 Mark
While the global crypto market capitalization has plunged in the past week, with most coins trading in the red, Bitcoin SV (BSV) bucked the bears. BSV has scored 10% price gains on the weekly chart. The coin gained 2.47% on the last day, showing a…
Coinbase Engages Legal And Political Aids In Battling SEC
The largest crypto exchange in the US, Coinbase, has made a notable move regarding the allegation from the US Securities and Exchange Commission on securities law violation. Coinbase engaged a Global Advisory Council for the battle with the SEC…
Ripple’s Chief Technology Officer (CTO), David Schwartz, responded to a tweet from a crypto enthusiast, calling the BEN Coin project a 100% rug pull. Schwartz asked the poster why he believed such but still stated his reservations about the…
BRISE Gains 21% In 24 Hours – Could This Be A Market Recovery?
BRISE, the native token of the Bitgert blockchain, has recorded some significant positive price movement in the last 24 hours. Although the BRC-20 token is still trading in the red zone, it appears to be attempting a market recovery following this…
Tether Holds $3.4 Billion In Gold Reserves, Nears ATH Market Cap 1 Year Post Terra Collapse
Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, the stablecoin has reclaimed its stable…
BRC-20 Tokens Lose 40% Market Cap In 7 Days – Here’s Why
The crypto market has been looking to consolidate following a major price correction earlier in the week. One market that has felt the brunt of this correction is BRC-20 token which has suffered a major dip in its market cap. According to…
PEPE, DOGE, SHIB See Fierce Competition From New FETH Token
The meme coin space has long been dominated by the likes of DOGE, SHIB, and PEPE, but now a new entrant into the space has signaled a shift in the market. ETH Furbo (FETH) is an Ethereum-based token that gives PEPE reflections to all holders…
Dogecoin Traders Watch For A Breakout On Higher-Than-Average Volume
Dogecoin (DOGE) has been one of the most talked-about cryptocurrencies of 2021, thanks to the involvement of high-profile figures like Elon Musk and Mark Cuban. Its value skyrocketed earlier this year, but has since retreated. As investors and…
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South Korea’s LG Electronics Files For NFT-Trading TV Patent
A recent report published on WIPO’s global database for intellectual property disclosed LG Electronics’ application to acquire an NFT trading patent for its Smart TV. Notably, the WIPO guide states that a filing application can only be…
Bakkt Streamlines Apex Crypto Platform By Removing 25 Tokens
In a recent development, the digital asset firm Bakkt delisted 25 tokens used in decentralized finance transactions from its trading platform, Apex Crypto. Bakkt acquired the platform in 2022 with 36 tokens, now 11 after the overhaul exercise…
Bitcoin Price Dip Could Be Linked To On-Chain Activity
Bitcoin (BTC) has experienced downward price pressure in May, with the token failing to surpass the $30,000 resistance mark. This development could be linked to on-chain activities that indicate an increase in the number of Bitcoins sold on…
PayPal share prices are plunging and currently down 80% from 2021 peaks; the largest draw down ever, market data on May 12 shows. PYPL closed the week at $61.69, down 3% from Thursday, March 11. PayPal Shares Crumbling Analysts observe that the…
Litecoin (LTC) Records Spike In Active Addresses Following Launch of LTC-20: Santiment
Popular Bitcoin hard fork and one of the earliest cryptocurrencies, Litecoin (LTC), have recorded some interesting network activity in recent times. According to data from the on-chain analytics platform, Santiment, the number of daily active…
Former Executive Backs Up Lawsuit Against FTX Celebrity Promoters
A former FTX regulatory officer, Daniel Friedberg, has come forward to back the lawsuit against FTX celebrity promoters, adding weight to the allegations leveled against the cryptocurrency exchange. Due to his knowledge of the company’s…
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