Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $ 100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution …
This year has been excellent for Solana, which saw its token reach a new ATH at $ 263.83 on November 23rd and the release of pump.fun, a meme coin launchpad that already recorded more than $ 300 million in revenue. However, its main blockchain still leverages Layer 1 technology, which can cause issues …
The concentration of over 50% of ETH’s supply in a small pool of wallets could pose key risks to Ethereum’s decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum’s (ETH) surge to $ 4,000 has rekindled interest in the second largest cryptocurrency by market cap. With BTC setting new all-time highs, ETH could be next …
Former U.S. President and presidential candidate Donald Trump has raised $ 25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if elected, including the replacement of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Trump Raises …
Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined with mixed market signals, suggests the leading crypto asset is at a critical juncture, according to the latest Cryptoquant report. Market Signals Mixed as Bitcoin Hits $ 53K: Whales and Miners Influence Future Bitcoin’s …