Category

Cryptocurrency Market Plunges: Ether Below $270, Bitcoin Below $6,000 Where is the Confidence?Following several days of weak market performance, the cryptocurrency market experienced another significant downturn on Tuesday. Major cryptocurrencies like Ether (ETH) and Bitcoin (BTC) hit new lows, severely impacting market confidence

TRON Founder Justin Sun Denies ETH Sell-Off Rumors, Reasserts Long-Term Confidence in Ethereum EcosystemOn December 24th (Beijing time), Justin Sun, founder of the TRON blockchain, issued a statement on X (formerly Twitter) refuting circulating rumors that TRON had sold off its Ethereum (ETH) holdings. Sun explicitly denied these claims, explaining that the large ETH transfers observed on the network were internal transfers between different TRON wallets, not a liquidation as speculated

Ethereum Breaks $4,000: A Comprehensive Analysis of Market Confidence, Technological Upgrades, and Potential RisksEthereum surpassing the $4,000 price mark is a significant milestone in the cryptocurrency market deserving in-depth analysis. This breakthrough isn't accidental but rather a confluence of market forces, technological advancements, and macroeconomic conditions, encompassing complex factors

Is the Whale's Recent ETH Buy-In a Sign of Confidence in Ethereum's Future?The cryptocurrency market has once again been stirred by an intriguing development. On-chain analyst @ai_9684xtpa has observed that a whale, previously known for losing $8

Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest DeclineBitcoin network's hash rate remains near all-time highs with miners continuing to invest in new hardware despite declining miner revenue, demonstrating their unwavering confidence in the network. However, interactions between investors and exchanges are showing a declining trend, with overall trading volume shrinking, indicating waning market participant interest

Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC

Bitcoin Breaks Below $60,000 Despite Rising Fed Rate Cut Expectations, Is Crypto Confidence Waning?The latest data from the U.S

Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly UnfazedGrayscale Investments updated its holdings data for its Bitcoin and Ethereum-related funds on August 12th. Data shows that the Grayscale Bitcoin Trust (GBTC) holdings decreased to 232,333

CZ Exits Binance, BNB Spot Market Takes a Hit: Liquidity Flees, Investor Confidence ShakenCZ steps down as Binance CEO, triggering a wave of outflows from the Binance platform, BNB price plunges double-digits, market depth shrinks significantly, investor sell-off intensifies, Chaikin Money Flow indicator reveals massive liquidity withdrawal.The recent cryptocurrency market has experienced a dramatic upheaval