Tokyo’s Metaplanet investment firm recently announced the acquisition of an additional 57.273 BTC, valued at approximately 500 million yen or $3.4 million. This move comes amidst a market lull and is part of a broader strategy that the company unveiled on August 8. Following an earlier acquisition of a 1 billion yen loan, worth around
The recent choppy consolidation in bitcoin’s price action has left many market players feeling uneasy. However, amidst this uncertainty, a certain group of investors holding between 100 and 1,000 BTC are showing growing confidence in the world’s largest crypto asset. According to Santiment, these bitcoin whales have significantly increased their holdings by acquiring an additional
Cardano has recently experienced a resurgence of bullish sentiments amidst a recovering crypto market, despite its persistent underperformance in comparison to other major cryptocurrencies. This uptick in optimism comes at a time when the broader market is showing signs of recovery, with Bitcoin reclaiming the $61,000 price mark. According to Santiment, Cardano’s weighted sentiment score
Semilore Faleti is a well-respected cryptocurrency writer who has carved out a niche for himself in the field of journalism and content creation. His journey in the world of blockchain and cryptocurrency writing began with a wide range of subjects before he delved deeper into the complexities of digital assets. Semilore is particularly fascinated by
In a surprising turn of events, Cardano (ADA) has recently been dethroned from the top 10 cryptocurrencies by market capitalization, a position it had held for quite some time. Tron (TRX) has now taken the place of Cardano in this elite group, signaling a significant change in the dynamics of the crypto market. This unexpected
Opeyemi is a dedicated writer with a passion for the dynamic world of cryptocurrency. Despite not initially choosing the digital asset industry, he has found himself deeply intrigued by it for over two years now. Opeyemi takes pride in his ability to dissect the complexities of blockchain technology and share his insights on the latest
Recently, a malicious browser extension named “Bull Checker” has been identified as targeting Solana users on Reddit. This extension poses as a meme coin tracker but in reality, it is draining users’ wallets without their consent. Users have reported unauthorized token drains after using this extension, leading to significant concerns within the Solana community. The
The United States spot Bitcoin exchange-traded fund (ETF) market experienced a significant drop in daily trading volume on Monday, totaling $779.87 million. This decline marks the third lowest recorded trading volume, following the records set on February 5th and 6th at $649.17 million and $692.11 million, respectively. Despite an inflow of $61.98 million into spot
Bright Star Studios, the developers behind the highly anticipated MMORPG Ember Sword, have made a significant decision to switch from Immutable X to the Mantle Network. This bold move is aimed at elevating the gaming experience by harnessing Mantle’s cutting-edge technology. The impact of this transition is not only crucial for the game itself but
German authorities recently carried out a coordinated nationwide operation to seize $28 million in cash and 13 crypto ATMs in an effort to combat unlicensed activities within the country’s crypto market. Spearheaded by the Federal Financial Supervisory Authority (BaFin), this operation is part of a larger initiative to enhance oversight and regulation in the rapidly
