Tag: crypto

BlackRock Expands Crypto Reach: BUIDL Fund Goes Multi-Chain Across These 5 Blockchainsc

Crypto ETF issuer and asset manager BlackRock announced on Wednesday the expansion of its USD Institutional Digital Liquidity Fund (BUIDL) to include five new blockchain ecosystems: Aptos, Arbitrum, Avalanche, Optimism, and Polygon.  Initially launched on the Ethereum network in March 2024, BUIDL rapidly gained traction among investors, becoming the largest tokenized fund globally regarding assets…

Solana Rising: Key Metrics Hint At Serious Ethereum Competitor

The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital’s recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth…

Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance. According to CryptoQuant analyst Joao Wedson, this behavior suggests that investors with shorter time horizons may be positioning…

Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This news is perceived by analysts to have…

Ethereum Whale Data Signals Big Moves Ahead As Stakeholder Activity Spikes

Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors. The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry. Growing Whale Activity Santiment…

Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be Coming

A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market. According to the analyst, fluctuations in the Coinbase premium—a key metric that tracks the price difference between Bitcoin on Coinbase and other exchanges—can offer significant insights. Retail Leverage And Premiums: A Double-Edged Sword Rising or…

All-Eyes On Altcoins: 4 Crypto Expected To Challenge Their All-Time Highs Soon

As Bitcoin (BTC) continues its notable ascent, breaking through the $85,000 mark and setting new all-time highs, market experts predict a shift in capital towards several major crypto altcoins that have yet to retest their previous peaks.  Price Appreciation For Leading Crypto Post-Election Market expert Jesse Olson recently shared his altcoin watchlist on social media…