🐶 PEPE Whale Dumps Coins and Buys Four Other Altcoins, Including Shiba Inu (SHIB)!
Bitcoin’s rise made all other coins go up, especially meme coins like Dogecoin. Some meme coins like DOGE and PEPE got very high, and a clever whale used this chance to sell PEPE.
The whale sold all of its 1.97T PEPE ($6.07 million) and earned $3.49 million from PEPE. The whale used some of this money to buy Shiba Inu (SHIB) and also bought Sandbox (SAND), GALA and Decentraland (MANA).
Lookonchain said that the whale got 75.9 billion SHIB ($893 thousand), 1.6 million MANA ($1.07 million), 2.43 million SAND ($1.48 million) and 36.88 million GALA ($1.46 million).
PEPE went up by 164% in one week, and its investors made a lot of money. 💰
🚀 Bitcoin blasts past $56,000 as investors flock to ETF 🚀
Bitcoin, the king of crypto, soared by 8.38% on Tuesday, reaching as high as $57,000 in early trading. This is the highest level in two years for the digital currency, which has gained $4,263 in just one day.
The main driver behind Bitcoin's rally is the growing demand for Bitcoin ETF, a fund that tracks the price of Bitcoin and allows investors to trade it on stock exchanges.
😍 Ether joins the party, other cryptos follow 😍
Ether, the second-largest cryptocurrency by market value, also enjoyed a surge in price, rising by $216 in one day. It broke the $3,220 barrier for the first time in two years, after hovering around $3,000 for a while.
Other popular cryptos, such as Solana, Binance Coin, Ripple, Cardano, Tron, Chainlink, Near Protocol and Elrond, also saw their prices increase. The total market capitalization of crypto jumped by 6.05% to about $2.12 trillion.
👀 What experts say 👀
Trading volume for Blackrock's Spot Bitcoin ETF has reached $1.3 billion. However, it will not be easy for Bitcoin to reach previous highs of around $69,000," the markets desk at crypto app CoinSwitch told Gadgets360.
Edul Patel, CEO of crypto exchange Mudrex, said, "Ether has crossed the level of $3,200 after two years. This is indicating bullish sentiment in the market #Write2Eam #BTC #pepe #Meme
Google Playstore Kicks Out Binance App in India: How to Trade Crypto Safely
Binance, the leading crypto exchange, has been removed from the Google Play Store in India. This is a big blow for Indian crypto users, who depend on Binance for buying and selling digital currencies.
The removal could be due to the Indian government's plan to ban all private cryptocurrencies and launch its own digital rupee.
If you are a Binance user in India, here are some tips to trade crypto safely:
🔸️Use the Binance website or download the app from other sources.
🔸️ Secure your account with a strong password and two-factor authentication.
🔸️Do your own research before investing in any crypto project.
🔸️ Follow the local laws and regulations regarding crypto activities.
Binance is working to get its app back on the Play Store as soon as possible. It has also promised to comply with the Indian authorities and support the Indian crypto community.