Cryptocurrencies, such as Bitcoin and Ethereum, have seen a surge in transaction volumes, surpassing those of Mastercard and PayPal. This has the potential to revolutionize the financial landscape.Stablecoins, a type of cryptocurrency, have been particularly successful in this regard. They are designed to maintain a stable value, making them attractive to investors and users alike. […]
Bitcoin supply on exchanges has dropped to its lowest level in six years, according to crypto analytics platform Santiment. On-chain data shows that only 5.8% of the total BTC supply is currently sitting on trading platforms.The low level of BTC supply on exchanges indicates that investors have not regained their trust in centralized platforms, and […]
XRP has been struggling to maintain its upward momentum following Judge Torres’ summary judgment that XRP is not a security. This has caused investors to sell off their holdings, and a large whale has moved 29 million XRP, valued at over $15 million, to a crypto exchange. This has caused the XRP price to decline […]
Magnate Finance, a cryptocurrency platform with a Total Value Locked (TVL) of $6.4 million on Base, has come under scrutiny following allegations of an exit scam. On-chain analyst ZachXBT highlighted potential red flags, such as the discovery that Magnate Finance’s deployer address had been directly linked to a $4.8 million rug pull executed by a […]
Bitcoin (BTC) has seen a drastic drop in its price below $26,000, losing all of Wednesday’s price gain amidst the declines in traditional markets. Ethereum (ETH) has seen a 0.88% decrease in the last 24 hours but up to 3% drop from Wednesday’s high.Traditional assets are also caught in the sudden turbulent market; the equity […]
A substantial purchase of XRP tokens totaling $1.5 million was recently executed, causing a stir among traders and analysts speculating about its potential impact. This acquisition led to the creation of two notable green candles on the XRP chart, sparking conversations about a potentially more impressive price surge soon.In the crypto market, sudden and significant […]
Band Protocol is a cryptocurrency that is currently trading at $1.03 with a market cap of $138.3 million and a circulating supply of 133.2 million. It is currently ranked #159 on Coinmarketcap.The Band Protocol price prediction reveals that the coin is trying to cross above the 21-day moving average, which could lead to further gains. […]
ChatCrypto, the leading AI community in the world of cryptocurrencies, is launching its revolutionary AI subscription product, AI AssistPro. This product is designed to provide subscribers with cutting-edge AI-driven insights, analyses, and predictions for the dynamic cryptocurrency market. Subscribers will gain access to real-time market sentiment analysis, trend predictions, and personalized investment suggestions powered by […]
The U.S. Dollar Index has been surging recently, indicating a strong performance for the currency. This has had a knock-on effect on other global currencies and cryptocurrencies, with many feeling the heat of the dollar’s strength. This has been reflected in the markets, with the dollar’s value increasing against other currencies and cryptocurrencies. The surge […]
An on-chain sleuth, ZachXBT, recently alerted the community of a potential scam masquerading as a legitimate lending protocol called Magnate Finance on the Base blockchain. The deployer address was linked to two DeFi projects that turned out to be exit scams. The project’s website is now offline and its Telegram group was deleted.The analyst revealed […]
