A crypto whale known for its shrewd trading strategies offloaded a staggering $8.78 million worth of Ethereum (ETH), according to data from the on-chain analytics platform LookOnChain. The trader sold 3,360 ETH at an average price of $2,615, earning about $1.3 million in profit. This move follows a similar strategy where the same entity sold…
Peter Thiel’s Founders Fund has made a $200 million investment in bitcoin and ether. Thiel’s fund sold crypto holdings for $1.8 billion before 2022’s crypto winter. Peter Thiel’s Founders Fund made a $200 million investment in bitcoin and ether before the bull run, per report by Reuters. According to CoinDesk Indicies data, bitcoin (BTC) has…
According to Cardano founder Charles Hoskinson, algorithmic stablecoins are more suitable for the crypto industry. Hoskinson made the statement during an interview with the Discover Crypto crew while responding to questions about some stakeholders in the crypto ecosystem refusing to associate with the project. Hoskinson noted that Cardano’s uprightness may be why some projects and…
Dogecoin has experienced a notable 4.5% drop in value following news that the leader of the X platform, Elon Musk, is required to testify once more in a regulatory investigation into his acquisition of Twitter. This development casts a shadow of uncertainty over Dogecoin, a cryptocurrency often swayed by Musk’s social media influence. Dogecoin has…
GMT price poised for expansion with a forecasted surge beyond $0.885 in 2024. Anticipated stability at $0.963 by 2025. Positive market sentiment key to GMT’s continued success. STEPN GMT emerges as a frontrunner in the race for market dominance. Extensive forecasting and technical analysis project a promising trajectory, with expectations of the coin surpassing $0.885…
OpenAI revenue reportedly surpassed $2 billion in December and is looking to double this figure next year. ChatGPT Maker Looking to Double Revenue in 2025 On an annualized basis, OpenAI’s revenue has exceeded $2 billion and much of this value is as a result of the success recorded by the company’s flagship AI product ChatGPT. It is…
According to the latest information, Terra founder Do Kwon’s appeal was accepted by the Montenegrin Court. Kwon will not be extradited to the United States. After this news, LUNA and LUNC prices started to rise. *This is not investment advice.
The dog-themed cryptocurrency Shiba Inu (SHIB) appears to be on the cusp of a price reversal after falling since December 2023. SHIB is currently trading up 3.74% at around $0.00000921, up from its recent low of $0.0000088 on Feb. 6. The price recovery of SHIB puts it on the verge of breaching a 224 trillion…
Many crypto wallets pocketed over $1.3 million over the weekend after picking up an ample supply of the Ethereum version of meme coin dogwifhat (WIF). As such, the Ethereum version of dogwifhat isn’t connected to Solana-based WIF, which launched in late November and reached a market capitalization of over $350 million. Over 12 wallets, termed…
Binance, the world’s largest cryptocurrency exchange, continues its altcoin announcements without slowing down. At this point, Binance announced that it will list the altcoin named Dymension (DYM) with the seed tag and will start trading for spot trading pairs as of 06.02.2024 15:00 UTC. “Binance will list Dymension (DYM) and begin trading for these spot…
