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Bitcoin Price Could Face Decline as Crypto Exchanges Experience $1 Billion USDT Withdrawal: IntoTheBlock
August 14, 2024Bitcoin’s recent downtrend was triggered by USDT exchange outflows exceeding $1 billion earlier this year, signaling a shift towards a risk-off stance among investors, according to insights from IntoTheBlock. Drawing…
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Investors pull out $1.2 billion from crypto funds as expectations for Fed rate cut decrease
June 24, 2024Crypto products experienced their second consecutive week of outflows, totaling $584 million, contributing to a total outflow of $1.2 billion in the market. According to insights from asset management firm…
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Intelligent Whale Returns to Bitcoin Market with $1 Billion in Profit from Earlier Investment
June 20, 2024A prominent Bitcoin investor, known in the industry as a “smart whale,” has re-entered the Bitcoin market by acquiring a substantial amount of 6,070 Bitcoins worth $395 million during a…
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Major US Exchange in Shock as 231 Billion PEPE Withdrawal Leaves Traders Wondering: A Positive Sign for the Market?
June 9, 2024On Sunday morning, an unidentified crypto whale made a significant investment in PEPE tokens, purchasing 231.6 billion tokens from Kraken. This move, valued at approximately $2.9 million, adds to the…
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Ripple’s Transfer of 3 Billion XRP Tokens Sparks Concerns About Market Stability
June 3, 2024Ripple’s XRP token has been the focus of significant activity in the past 24 hours, attracting attention from the crypto community. According to blockchain tracker Whale Alert, there have been…
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Dogecoin Price Expected to Surge to $0.32 as Large Investors Acquire 10 Billion DOGE
May 28, 2024Despite recent losses, Dogecoin (DOGE), the meme-inspired cryptocurrency, has garnered attention and excitement within the crypto community due to its recent price surge above $0.16. Despite the current struggle, there…
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Nvidia Reports $26 Billion in Revenue for Q1, Showing Correlation with Gains in AI Crypto Tokens
May 22, 2024Chip-making technology giant Nvidia has reported its impressive Q1 earnings, showcasing a record-breaking quarterly revenue of $26 billion, surpassing market expectations by 5.5%. In addition to this, Nvidia has confirmed…
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Binance Destroys 1.4 Billion Terra Luna Classic (LUNC) Tokens through Burn
May 2, 2024Binance, a prominent player in the crypto industry, recently conducted its 21st batch of the Terra Luna Classic (LUNC) token burn, eliminating a staggering 1.4 billion tokens from circulation. This…
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$100 Billion Surge in Bitcoin ETFs and Investments in Cryptocurrency Noted
March 15, 2024The digital asset industry is buzzing with excitement following an announcement by CoinShares’ Head of Research, James Butterfill, revealing that total digital asset Exchange-Traded Products (ETPs) have surpassed the monumental…
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Intelligent Whale Trades 2 Trillion PEPE for 76 Billion SHIB
February 29, 2024In the ever-evolving world of cryptocurrency, meme coins like PEPE, SHIB, and DOGE have been making waves recently, capturing the attention of crypto enthusiasts worldwide. Of particular interest is the…
