April 2024 – Page 39 – Coins Cap News
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Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana?

Injective

Injective (INJ) may be on the brink of a potential price surge following a recent wave of accumulation by crypto whales. This would undoubtedly be a much-needed relief for the INJ token, which has dipped significantly in the last seven days.  Crypto Whales Buy $24.8 Million Worth Of INJ Data from the market intelligence platform…

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Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin

Breaking News Ticker

In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD).  Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents. All of…

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Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates

Cryptocurrency Market News

The outlook for Binance Coin (BNB) has turned cloudy, with both futures market data and technical indicators flashing bearish signals. Based on our analysis of Coinglass data, negative funding rates and declining open interest in BNB futures contracts paint a picture of growing pessimism among traders. A negative funding rate suggests that more traders are…

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US Govt Moves $90 Million in Bitcoin, ETH From Estonian Scammers

Breaking News Ticker

In the early US hours, Arkham Intelligence reported that the United States government had transferred over $90 million worth of Bitcoin and Ethereum, previously seized from two Estonian nationals involved in a vast cryptocurrency fraud and money laundering scheme. This move captured the attention of the cryptocurrency community, just days after the transfer of approximately…

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XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil

Cryptocurrency Market News

The price of XRP, the native token used on RippleNet for cross-border payments, has remained stubbornly below the coveted $1 mark for months. This, despite a broader cryptocurrency bull run that began roughly six months ago. While some analysts predict a swift surge to bridge the gap, others remain cautious due to ongoing legal battles…

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Bitcoin Stuck Below $66,000: Are ETF Outflows Beyond Grayscale An Issue?

Bitcoin

On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of spot Bitcoin ETFs in the United States that one of the “Newborn Nine” surpassed the outflows of Grayscale’s Bitcoin Trust (GBTC). On April 2, ARKB…

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Fake NFT Project Hack? CTO Vanishes After Allegedly Stealing 94 SOL

Cryptocurrency Market News

A new rug pull alert sounded on Tuesday after crypto detective ZachXBT unveiled on-chain details of an alleged hack suffered by an NFT project last month. The project’s CTO announced that a response was in the works but ultimately vanished as criticism grew. Nuddies NFT, A Hack Or Rug Pull? On-chain sleuth ZachXBT revealed the…

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