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KuCoin Expands User Base to 31M, Doubles Trading Volume

2023 proved to be positive for companies in the cryptocurrency industry, as confirmed by another report summarizing the past year published by a large digital asset exchange. KuCoin joins its competitors and boasts an increase in its customer base to over 30 million, doubling its spot market volumes. According to the report, KuCoin has seen […]

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Crypto Bear Says Fakeout Rallies and Then Massive Corrections Coming for Bitcoin and Ethereum

A widely followed crypto bear believes that major corrections are coming for Bitcoin (BTC) and Ethereum (ETH) after fleeting rallies. Pseudonymous trader Capo tells his 83,873 Telegram subscribers that the possible approval this week of a spot Bitcoin exchange-traded fund (ETF) will likely ignite a short-lived rally for Bitcoin and other digital assets. “Whales are […]

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Do They Know Something You Don’t?

On-chain data shows the largest of the Ethereum whales have continued to buy more recently as their supply sets another new all-time high. Largest Ethereum Wallets Have Been Rapidly Accumulating According to data from the on-chain analytics firm Santiment, the largest non-exchange Ethereum wallets have continued to show some rapid accumulation recently. The relevant indicator […]

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XRP ETF Is Trending On X, Here’s Why

As anticipation builds around the potential approval of the first spot Bitcoin ETFs in the US by the Securities and Exchange Commission, the keyword “XRP ETF” is currently trending on X (formerly Twitter). Numerous XRP community members have posted supposed proof that an ETF in the US is on its way and could soon become […]

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Ethereum Layer 2 Networks Just Set A New Record

The total value locked (TVL) on Ethereum layer-2 networks recently hit a new all-time high in January, a testament to the continued adoption of Ethereum. Layer 2 networks sit on top of the Ethereum blockchain and help scale it by processing transactions off-chain before sending data back to the main blockchain.  According to data from […]

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Under-the-Radar Ethereum-Based Altcoin Defies Crypto Doldrums and Surges 110% This Week Amid New Product Update

An Ethereum (ETH)-based altcoin that’s flying under the radar is moving against the largely bearish crypto price action this week after surging over 110% in the past seven days. Power Ledger (POWR) is a blockchain that’s designed for decentralized and distributed energy markets. The project’s native token, POWR, is trading at nearly $0.737 at time […]

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Ethereum Price Crash Looming? Celsius To Unstake $465 Million

Celsius Network, the bankrupt cryptocurrency lending company, is gearing up to unstake approximately $465 million worth of Ethereum (ETH) as part of its efforts to compensate creditors. This development follows the company’s bankruptcy filing in July 2022, leaving creditors in a prolonged 18-month wait for financial recompense. Celsius’s decision to unstake a substantial amount of […]

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