The cryptocurrency community is buzzing once again as Ethereum-based memecoin Shiba Inu (SHIB) sees a massive whale accumulation. This accumulation has left many speculating about the reasons behind it. Recent data from crypto analytics firm Lookonchain reveals that new buyers are stacking Shiba Inu on Binance and, raising eyebrows among investors. According to Lookonchain,
The US Securities and Exchange Commission (SEC) is set to make a final decision on the approval of Spot Bitcoin ETFs. As this decision looms, the Depository Trust and Clearing Corporation (DTCC) has taken a significant step by officially listing the Spot ETF tickers of investment management firms VanEck and WisdomTree. This development positions both
The world of cryptocurrency is constantly evolving, with new altcoins emerging on a regular basis. As investors navigate through this ever-expanding landscape, it’s crucial to analyze the market conditions and identify opportunities for potential gains. Analytics firm Santiment has recently released a list of altcoins that are displaying significant bullish and bearish divergences. By examining
The recent report published by global media company Forbes has garnered significant attention in the crypto community. The column predicts a staggering $80,000 price surge for Bitcoin following the approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). This analysis, disclosed by MarketWatch from crypto analysts at AllianceBernstein, one of
The Ethereum market has been witness to a buying spree by whales, indicating their unwavering support for the king of altcoins. These large-scale purchases have surged in recent weeks, as on-chain data from Santiment reveals that Ethereum’s largest private wallets currently hold a record-breaking 56.25 million ETH, comprising 46.8% of the crypto’s total circulating supply.