Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Whales
Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?
As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater. New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that HODLers will find “max pain” at around $51,000. The dip is less than $10,000 from spot rates, suggesting that although there are cracks, the correction…
1 year ago
Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On?
Dogecoin (DOGE), the Shiba Inu-faced darling of the 2021 memecoin frenzy, has found itself shivering in the current crypto winter. Once a symbol of retail investor exuberance, DOGE has plummeted over 70% from its sky-high peak, leaving its future shrouded in uncertainty. DOGE Feels The Crypto Frost While Bitcoin, the heavyweight champion of the crypto world, grabs headlines with its recent wobble, the impact on memecoins like DOGE has been brutal. Unlike Bitcoin’s divided analyst opinions, the sentiment surrounding DOGE…
1 year ago
Ripple’s (XRP) Bullish Q2 Price Outlook; NEAR Protocol Gains Traction; RECQ Favored By Whales
The post Ripple’s (XRP) Bullish Q2 Price Outlook; NEAR Protocol Gains Traction; RECQ Favored By Whales appeared first on Coinpedia Fintech News TLDR XRP returns to bullish tracks, with sights set on $1 before the end of quarter two. NEAR Protocol trades on the upside, oblivious to bearish signals. Rebel Satoshi Arcade excites whales and is tipped for a 55x jump after its market debut. With the second quarter of the year shifting gears, it is a matter of time…
1 year ago
Raboo (RABT) Poised for 100x Surge as ETH, BNB Whales Invest: Crypto Market Buzz
Despite their relevance in the market, things have not been going well for Ethereum and BNB recently. This is why their investors have turned their interest to Raboo. Investing in up-and-coming promising projects like Raboo and its presale could be the best move for profit-oriented crypto whales. Keep reading to discover what is so special about Raboo and its presale: Ethereum Loses Investor Enthusiasm Due to Crypto Market Volatility and New Ecosystem Proposal Ethereum investors are growing more anxious as…
1 year ago
Pro-XRP Lawyer Analyzes SEC’s Ripple Settlement Delay Tactics Amid Whales’ XRP Transfers
Attorney Bill Morgan says that the SEC is seeking an injunction that would stop On-Demand Liquidity (ODL) XRP sales, which would be the biggest obstacle to the expected settlement. The agency is also seeking to appeal the court’s decision on the company’s programmatic sales of XRP, as sudden deposits of the token on exchanges spook investors. The precedent-setting lawsuit between the US Securities and Exchange Commission (SEC) and Ripple enters a critical stage this week. According to one crypto-friendly lawyer,…
1 year ago
Dogecoin Whales Transfer 456 Million DOGE to Coinbase: Price Under Scrutiny
Whale wallets moved 456 million Dogecoin (worth $69 million) to Coinbase, sparking concerns of an incoming dump that could further suppress the price of the meme coin. The tokens were sent from two whale wallets that have held Dogecoin since last year; they sent all their tokens, lending credence to the speculations of a looming dump. Dogecoin has dropped drastically over the past month, shedding close to a third of its value in that time. While the meme coin’s outlook…
1 year ago
Whales on Buying Frenzy for Ripple (XRP), Shiba Inu (SHIB), and NuggetRush (NUGX) Ahead of Potential Breakout Rallies
The post Whales on Buying Frenzy for Ripple (XRP), Shiba Inu (SHIB), and NuggetRush (NUGX) Ahead of Potential Breakout Rallies appeared first on Coinpedia Fintech News TLDR: Whales have snapped up over 31 million XRP coins in anticipation of a big price jump. A new SHIB whale address has amassed over 237 billion tokens in anticipation of a price surge. Whales have accumulated over 270 million NuggetRush tokens ahead of a rally to $1. With the altcoins recovering from the…
1 year ago
Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges
Recent on-chain data has shown a transfer of 456 million DOGE tokens into crypto exchange Coinbase amidst a flurry of Dogecoin whale transactions across various exchanges in the past 24 hours. The price of DOGE has majorly traded below the $0.165 price level in the past seven days despite the price uptick among other meme coins. These recent events of whale transfers, however, appear to be leading to a bearish view towards DOGE. Transfers of this nature into a crypto…
1 year ago
Bitcoin Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy?
While Bitcoin prices struggle for momentum and are caged inside a narrow range, on-chain data tells a different story. Taking to X, one analyst notes that whales, which are large crypto holders, are actively accumulating the world’s largest coin by market cap. Bitcoin Whales Accumulating Despite Weakness By the time this data was shared, Bitcoin whales held over 5.1 million BTC worth a staggering $331 billion. That there is still demand when the coin moves in a narrow range flies in…
1 year ago