While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data
Staked ETH tokens are still showing signs of investor confidence. Original Source
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US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades
U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers’ margin-backed swaps transactions. Original Source
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Otherside and Apes NFTs Dominate Today’s Trades, Nansen Data Suggests
Tuesday, Rocket Pool’s rETH staking token had the largest inflow into smart money wallets. Today’s data, however, tells a different story. Over the past 24-hour period, roughly $1.53 million worth of rETH has moved out of smart money wallets, the biggest outflow among tokens monitored by Nansen. Source
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ApeCoin Drops, Ether Trades Flat After Record $200M Gas Burn
Users paid over 71,000 ether – nearly $200 million at the time of publication as per CoinGecko – in gas fees trying to purchase land on Otherside. This is by far a record high for the network, surpassing a January peak of over 19,200 ether. The fees were burned, or
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Ethereum Trades Below $3,000 Support, Why Is ETH Falling Since November?
Ethereum has been on quite the journey, from splitting to creating its market presence within a few years. And now, they are looking at saving electricity and other concerns put forth by analysts with their latest validation protocol. The cryptocurrency supports several blockchain networks through its layers-2 services and validations. With
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Cryptos Mixed as Bitcoin Trades Near $40K
Most cryptocurrencies were mixed on Thursday, indicating uncertainty among traders. Ether (ETH), the second-largest cryptocurrency by market capitalization, is also trading around the midpoint of its three-month price range around $3,000. ETH is down 13% so far this month, compared with an 11% drop in Solana's SOL token and 4%
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Bitcoin Trades Above $40K Once Again, Will This Time Be Different?
Bitcoin has returned to the $40,000 levels as it bounced back from the high area of around $30,000. The first crypto by market cap managed to hold off the bears and retraced some of this week’s losses. Related Reading | TA: Ethereum Faces Key Challenge, Why Fresh Decline Still Possible At the time
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Market Wrap: Cryptos and Stocks Fall; Bitcoin Trades Below $40K
Bitcoin (BTC) and other cryptos declined on Tuesday, tracking losses in stocks. Some analysts are watching for signs of a decisive breakout or breakdown beyond $40K. Meanwhile DOGE pared most of yesterday's rally. Source
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Bitcoin Nearly Hits $43K, Trades at 10-Day High
"Bitcoin price action has continued to whipsaw between a wider range of $38 - $47,000 which has thus far remained intact since the beginning of the year,” said Tammy Da Costa, analyst at DailyFX, “Due to the high correlation recently seen between bitcoin and tech stocks, there was a degree
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Bitcoin Trades Near Key Support Level to Start the Weekend – Market Updates Bitcoin News
Bitcoin has been trading near its key support level, and the price of ETH was also lower to start the weekend, falling below $3,200 in the process. Bitcoin Cryptocurrency markets were down by over 2% on Saturday, with BTC falling by the same amount to start the weekend. On Saturday, BTC/USD was
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