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Shiba Inu Developer Reacts As $2.5 Billion Mega SHIB Whale Controls Staggering 10% of Total Supply
A detailed analysis by blockchain analytics platform Bubblemaps has uncovered the activity of an early Shiba Inu whale whose investment has grown significantly but continues to HODL.
The whale in question has accumulated a total of $2.5 billion worth of SHIB distributed across 150 addresses — representing 10% of the canine-themed crypto’s total supply.
Turning $10,000 Into $2.5 Billion
Shiba Inu, the world’s second-largest meme coin went live in July 2020 as a fair launch project with equal o
Bulls Hold Still As Ripple’s XRP Records Slight Correction Following 50x Week
XRP bulls look to maintain positions amid recent price falls that have shocked the market. On-chain analysts point to a tricky situation of a reversal, but this has little impact on retail investors looking to avoid short-term losses. The dynamics of bulls and retail investors are evident in recent XRP holdings across centralized exchanges. It should be noted that several assets also traded similarly in the last 24 hours.
XRP Tanks 3% Today
On-chain charts show XRP on a path to a slight correc
Binance Exchange Makes Major Shiba Inu and Cardano Update, What’s Next for Asset’s Price
Binance has announced changes to the leverage and margin tiers of several assets on its futures platform. The changes will apply to USD-M perpetual contracts ranging from Cardano (ADA), Shiba Inu (SHIB), Hesera (HBAR), and Floki (FLOKI).
Centralized exchanges update their listings and service offerings to improve user participation and experience on their platform. As the exchange competition thickens, Binance seeks to extend its dominance to reach more users.
Grayscale to Launch Bitcoin ETF Options After BlackRock’s ‘Unheard Of’ $2B Trading Volume on Day One
Cryptocurrency giant Grayscale Investments plans to introduce options trading on its spot Bitcoin ETFs on Nov. 20 as the debut of options on BlackRock’s spot Bitcoin EFT saw huge volumes.
Options tied to BlackRock’s iShares Bitcoin Trust (IBIT) saw almost $2 billion in notional exposure traded on day one, a feat some analysts described as “unheard of” for those metrics. This record-breaking activity propelled Bitcoin to a new all-time high.
Little-Known but Significant Dogecoin Indicator Goes Off — Is a Supersonic Rally to $5 DOGE Under...
After a post-election pump that sent the leading meme crypto to a three-year high of approximately $0.43, Dogecoin is finally climbing back up the charts.
A little-known but crucial indicator called the Gaussian Channel (GC) suggests DOGE could parabolically rally 5,000% from its current levels.
DOGE Gaussian Channel Flashes Bullish Green
According to a Dogecoin chart shared on X social media platform by analyst Trader Tardigrade, the recent price movement has seen the canine-themed crypto re
Will Microsoft Buy Bitcoin After Michael Saylor’s 3-Minute BTC Strategy Pitch to Board?
Bitcoin uber-bull and MicroStrategy Executive Chairman Michael Saylor revealed that he agreed to present a Bitcoin investment strategy to Microsoft’s board of directors, advocating for the premier crypto as a treasury asset.
Saylor sees a potential Microsoft Bitcoin investment as a game-changer for the tech giant, especially as Bitcoin inches closer to the highly coveted $100,000 zone.
Can Michael Saylor Win Over Microsoft Board?
Speaking during a Tuesday X space discussion hosted by crypto E
Analyst Eyes 120% Dogecoin Surge As Elon Musk Revives “Dogefather” Title
Dogecoin (DOGE) continues to garner attention across the crypto market after outperforming all the top ten largest cryptocurrencies by market capitalization with a 167% monthly gain. Dogecoin’s rally could start, with one analyst on X predicting an upcoming all-time high.
According to Ali Charts on X, the largest meme coin by market cap appeared to be breaking out of a bull flag. Once this breakout happens, DOGE could rally 120% towards an ATH.
$100,000 Bitcoin in 2024? Fundstrat’s Tom Lee Bold Prediction Packs a Punch
Bitcoin is currently valued at $91,800 and has risen by about 170%, defying most macroeconomic odds.
Appearing on the business news channel CNBC, Fundstrat’s Head of Research, Tom Lee, confirmed that he does not doubt that with the same pace, BTC would “comfortably” be trading for over $100,000 by the close of 2024. His projection reflects a modest 10.49% gain from its current price but follows a 33.33% revision of his earlier $150,000 target.
"I think comfortably over $100K makes sense before
Meme coins are gaining community traction after multiple tokens rebounded to 100X gains last week. Experts point to several ecosystems, including Solana and Cardano, as the focus shifts to these highly volatile assets. The rise in Bitcoin to multiple all-time highs changed the market dynamics, sparking similar optimism in altcoins and meme tokens. The total meme coin market cap is $124 billion, a 2% growth over intraday trading. In the same period, the crypto market jumped 1.6%.
Bitcoin Hits Fresh Record High Above $94,000 As Spot Bitcoin ETF Options Trading Kicks Off
The price of Bitcoin punched past another all-time high above the $94,000 mark on Tuesday after options trading on spot Bitcoin exchange-traded funds (ETFs) officially went live, with BlackRock’s iShares Bitcoin Trust (IBIT) product kicking things off.
BlackRock and other asset managers have been seeking to list and trade options for their spot BTC ETFs following the Securities and Exchange Commission’s approval of nearly a dozen Bitcoin ETFs in January. Although the SEC greenlighted the listin
Donald Trump’s Media Group Is Close to Buying Beleaguered Crypto Exchange Bakkt
Bakkt, the once-promising darling of traditional finance entering the crypto space, could soon be owned by pro-crypto president-elect Donald Trump.
A recent report disclosed that Trump’s media company is in advanced talks to acquire the Intercontinental Exchange-founded trading venue in an all-stock deal.
Trump Deepens Involvement In Crypto
The Financial Times reported on Monday, citing two anonymous individuals privy to the matter, that Trump Media and Technology Group (TMTG), which runs Tru
Cardano Price Spike: Here’s Why Bulls Anticipate More Gains for ADA
Cardano (ADA) has gained momentum in the last seven days, pushing up coins within its ecosystem. ADA exchanges hands at $0.75, recording over 6% gains today. A look at crypto price charts shows the asset ranks second place behind XRP in terms of daily price gains among the top 10 cryptos by market capitalization. The last seven days saw Cardano move 24%, while monthly trading keeps the coin in triple gains.
XRP Whales Splurge Over Half a Billion Dollars in a Week — Biggest Buying Spree in 3 Years
XRP recently hit a major milestone, surpassing $1.26 for the first time since November 2021, reaching its highest price in over three years.
This surge was part of a broader rebound in the cryptocurrency market, led by Bitcoin (BTC), which has reignited interest in XRP. As a result, the asset’s market capitalization has risen, propelling it from 8th to 6th place, now valued at $63 billion.
Notably, the price spike prompted a surge in activity from large buyers, particularly whales, suggesting
President-Elect Trump to Reportedly Discuss Cabinet Appointments Privately With Coinbase CEO
Brian Armstrong, the CEO of America’s top crypto exchange Coinbase is reportedly set to privately meet with President-elect Donald Trump to discuss personnel appointments for his upcoming administration, according to a Monday report by the Wall Street Journal.
JUST NOW FROM THE WSJ:Donald Trump will be meeting privately with Coinbase $COIN CEO Brian Armstrong to discuss cabinet appointments. This is SO bullish. The President of the USA speaking to the CEO of a major crypto exchange to figure ou
Bitcoin Price Gigantic Explosion to $200,000 Now ‘Looks Not As Delusional’ for These Reasons
Despite Bitcoin’s recent spectacular upsurge, one firm confidently forecasts that the price of the leading cryptocurrency could more than double the current rate of $93K in the next year or so.
Yes, you read that right. According to analysts at Bernstein, BTC’s target of $200,000 no longer looks delusional following the asset’s recent rally to nearly $100K.
Bernstein Reiterates $200K BTC Price Target
Bernstein has highlighted key catalysts that could drive the price of Bitcoin to its cycle ta
Bitcoin to Hit $138,000 in Current Cycle, Says Crypto Analyst
The BTC price holds above $90,000 again, and a $100,000 Bitcoin appears to be within reach in the near term. But could it go even higher? Crypto analyst Ali Martinez has suggested that the answer could be yes, but only after a powerful downturn.
Martinez suggests that Bitcoin may rise to as much as $138,000 in this cycle and then tank by 30%. His thoughts, posted on November 19 through X, effectively compare the current and past BTC bull market trends.
Michael Saylor’s MicroStrategy Plans Another Mega $1.7 Billion Convertible Note Issuance to Boost...
Nasdaq-listed Bitcoin holder firm MicroStrategy announced Monday evening that it intends to raise $1.75 billion through a private offering of zero-interest convertible senior notes, proceeds of which will be used to acquire additional bitcoin and on other corporate affairs.
MicroStrategy’s 0% senior convertible note indicates that it will not pay regular interest to bondholders. The notes are set to mature in December 2029, and will be offered to individuals believed to be qualified as institut
Bitcoin Braces for Huge Price Shock As MicroStrategy’s BTC Holdings Reach $30 Billion Following L...
Michael Saylor’s software company-turned-Bitcoin development firm MicroStrategy has added to its Bitcoin stack. MicroStrategy now owns $30 billion worth of BTC after snapping up 51,780 tokens for $4.6 billion over the past seven days.
MicroStrategy Buys Another $4.6 Billion Of BTC Using Proceeds From Share Sale
MicroStrategy announced on Nov. 18 that it had bought 51,780 Bitcoin, spending just around $4.6 billion — an average price of $88,627 per coin.
‘I’m Fully Committed’ — Robert Kennedy Jr. Says After Putting Most of His Wealth in Bitcoin
Robert F. Kennedy Jr., former presidential candidate and Donald Trump’s nominee for the U.S. Secretary of Health and Human Services, has doubled down on his support for Bitcoin, revealing that he has most of his wealth invested in the world’s oldest and largest cryptocurrency.
Bitcoin-Friendly RFK Jr. Is Fully Committed
Robert F. Kennedy Jr. is putting his money where his mouth is.
In a recent post, the former independent U.S. presidential candidate called BTC the “currency of freedom”, emph
Bitcoin’s soaring price to multiple highs this month opened up a series of on-chain reactions. On the one hand, hitting an all-time high above $93,000 sent bullish signals, with whales setting sights on new targets before the end of the year. However, massive surges in the crypto market led to corrections as Whales withdrew some holdings, looking to make a profit. BTC price trades at $90,717, a 4% growth over the last day.