Bitcoin Mega Whale Holdings Hit One-Year High As BTC Recovers Above $31K
Bitcoin, the world’s largest cryptocurrency made a shocking rally above $30,000 in its last weekly close. This is its first-ever positive close over the last ten weeks. Bitcoin is currently trading 4.32% higher for $31,096 and a market capitalization of $589 billion as of the time of writing. Santiment, an on-chain data provider, reports that […]
Terra Whales Dumps Position To Retail Holders Amid Crash – Jump Reports
A report has revealed that several major Terra investors withdrew their holdings while retail investors continued to accumulate amid the crash. Some of the blockchain’s largest holders liquidated their holdings just as the UST stablecoin began to depeg in early May. Jump Capital – a major Terra investor reported . On the other hand, smaller […]
Here’s Why Ethereum Founder Supports Non-Token Governance For Optimism (OP)
Vitalik Buterin, the founder of Ethereum, has backed a proposal to change the use of OP tokens from a governance token to a major network token for gas payments. Buterin said in his recent tweets: “This is a great example of why I’m so proud of @optimismPBC for adding non-token governance (the Citizen House). Optimism explicitly has […]
Bitcoin, Ethereum Losses May Have Bottom At These Levels – Hayes
Crypto exchange BitMex co-founder, Arthur Hayes, says Bitcoin and Ethereum may have reached a bottom in their recent losses. Hayes said in a blog post that Bitcoin’s bottom range is between $25,000 and $27,000. While Ethereum will find support between $1,700 and $1,800. But, as Hayes pointed out, neither token is ready to make a significant […]
Here’s Why Sandbox Token (SAND) Will Drop Further After 5% Dip
Sandbox token (SAND) appeared to be among the metaverse tokens’ prices that took a massive hit amid the recent market crash after it dipped 5%. Meanwhile, the Sandbox announced a 5 million mSAND token distribution in a bid to entice its Land Owners. Over 5 million mSAND tokens available for grabs The Sandbox recently announced […]