Bitcoin (BTC) Whale Trade Indicates Recovery From $40k, Here’s Why
Bitcoin (BTC) has plummeted from its 2022 highs and is currently stuck in a trading pattern seen for most of the year. But Long-term traders with large holdings are taking advantage of the token’s lower valuation by buying dips. BTC is trading at about $40,000, down, and has dropped over 11% in the last seven […]
Terra’s Additional 2508 Bitcoin Purchase Fails To Boost Prices, Here’s Why
Terra’s community The Luna Foundation Guard (LFG) added 2508 bitcoins worth over $100 million in its Bitcoin treasury on Wednesday. The LFG now has 42,406.92 BTC in its wallet address as a result of the current purchase. However, despite purchasing Bitcoin for $250 million this week, it has been unable to boost the BTC price […]
Shiba Inu (SHIB) Surges 21%, Here’s Why It Will Continue To Rise
Shiba Inu (SHIB), the most searched cryptocurrency in 2021, has again managed to reclaim the spotlight. Crypto whales enthusiasts seem to be preparing to grab more of SHIB. The popular meme coins appearing on the Robinhood listing boosted SHIB prices, while the SHIB: The Metaverse land bidding event also supported it. As a result, SHIB’s […]
U.S. Inflation for March Soars to 8.5%, Has Bitcoin (BTC), Other Cryptos Priced In
The US Labor Department revealed inflation figures for March 2022 on Tuesday, April 12th, which stood at 8.5%, the highest in four decades since 1982. The crypto market has already awaited this event entering into a steep correction earlier on Monday. Bitcoin (BTC) and the broader crypto market are displaying a marginal bounce back, just […]
ETH Whales Purchase Over 393 Billion Shiba Inu (SHIB) Amid Price Drop
The Biggest Ethereum (ETH) wallets appear to be taking advantage of a buy the dip opportunity. This time, the whales have chosen the popular meme cryptocurrency Shiba Inu(SHIB). ETH whales have amassed almost 393 billion SHIB tokens in the last 24 hours. While the price of SHIB has not changed as a result of this […]