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Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

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XRP Surges 45% In A Week Amid Record Whale Accumulation, Speculation Trump May Include Ripple Token, Solana, USDC In Strategic Reserve

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Remittance token XRP pumped more than 45% in the past week to a 7-year high as crypto whales piled in following wild speculation yesterday that Donald Trump might add the Ripple token, Solana, and USDC to his proposed strategic crypto reserve. XRP broke above the $3 mark earlier this week for the first time since 2018. It continued to rise in the last 24 hours, posting a more than 6% gain to trade at $3.33 as of 2:14 a.m. EST. The crypto has also become the third largest digital asset in terms of market cap after overtaking stablecoin Tether (USDT) with a valuation of around $137.36 billion. New York Post Report A spike in the XRP price yesterday was triggered by a New York Post report, widely dismissed by analysts, that said Trump is receptive to the idea of including the Ripple token, Solana and USDC in a US strategic crypto reserve. This is a ridiculous idea and will never happen. https://t.co/61E1QFKyg8 — Quinn Thompson (@qthomp) January 16, 2025 Trump has pledged t...

Which of These New Crypto ICOs Have More Upside Potential?

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The cryptocurrency market is abuzz with activity as new ICOs (Initial Coin Offerings) with immense potential emerge, attracting the attention of both whales and retail investors. Five projects stand out for their creativity, strong demand, and promising early growth. These range from meme coins trending on social media to cutting-edge blockchain ideas, offering a chance for big gains in the current bull run. Here’s a closer look at these exciting projects. Wall Street Pepe (WEPE) Wall Street Pepe is smashing records with its presale. It raised nearly $500,000 in 24 hours and has now crossed $29.7 million in less than a month. The token is priced at $0.0003648, but the price will increase in 13 hours as the ICO continues. Its staking program offers a 42% APY that decreases as more tokens are staked, giving early stakers better returns. Over 18 billion $WEPE tokens are already staked. The team ensured security with a smart contract audit by Coinsult. Wall Street Pepe isn...

1.4 Billion Dogecoin bought by whales in 48 hours as DOGE spikes

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Dogecoin (DOGE) is currently in the midst of a significant spike in volume combined with very rapid price action to the upside. The meme coin, which is up 27.55% year-to-date (YTD) at press time, has seen a 4.30% upswing over the last 24 hours, bolstering weekly gains to a total of 8.89%. At the time of publication,  it is trading at a price of $0.1148. DOGE price daily chart. Source: CoinMarketCap That, in and of itself isn’t necessarily unusual — however, there is something peculiar to be seen when taking a closer look at those volume spikes. Picks for you Crypto expert says XRP looks like a ‘time bomb waiting to explode’ 58 mins ago SHIB price rockets 14% in a day amid stablecoin hype 2 hours ago ...

Opportunity? Bitcoin whales open ‘massive long positions’ at $69,000

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With Bitcoin (BTC) failing to make notable moves in either direction, on-chain data suggests that investors might be anticipating a pump in the cryptocurrency’s price. Particularly, according to Ki Young Ju, founder of crypto Analysis platform CryptoQuant , Bitcoin whales have opened massive long position s at the $69,000 mark, signaling potential bullish sentiment.  This move indicates confidence among large investors in Bitcoin’s future price trajectory amid the ongoing consolidation. Picks for you Buy signal for 2 oversold cryptocurrencies this week 1 hour ago Bullish: Bitcoin network activity breaks a 3-month downtrend 2 hours ago ...

Ethereum holds above $1.8k, whale activity drops

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Ethereum has been consolidating above the $1,800 mark over the past week while the asset witnessed a significant drop in whale activity. According to data provided by a market intelligence platform Santiment, Ethereum (ETH) whale s’ activity has been constantly on a downward momentum. Ethereum whale s completed 3,976 transactions, each worth at least $100,000, on Aug. 1. ETH price, supply, and whale activity – Aug. 7 | Source: Santiment At the time of writing, Santiment recorded only 744 such transactions in the past 24 hours. Quite similarly, whale transactions consisting of at least $1 million worth of ETH have also dropped from 672 on the first day of the month to 95 at the time of writing. You might also like: Valkyrie moves to convert BTF into dual Bitcoin, Ethereum ETF On the other hand, an ETH whale , nd4.eth, sent 2,500 coins to a dead wallet after his “girlfriend” allegedly “cheated on him.” The burned tokens are currently worth ove...