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August has seen a market downturn, leading to price dips for many assets. Whales, aiming to capitalize on the current conditions, have started accumulating certain altcoins in anticipation of potential gains in the coming month.
The assets seeing increased interest from whales include Toncoin (TON), Uniswap (UNI), and Lido (LDO).
Toncoin (TON)
The value of Toncoin (TON) has dropped by 21...
Ethereum (ETH) price is exhibiting both positive and negative signals, with the latter coming from investors.
The positive sentiment, however, comes from the market, which hints at the right conditions for accumulation.
Ethereum Investors Have an Opportunity
Following Ethereum’s price drop, along with the rest of the market, a wave of panic set in. The 8.3% drop in the last 24 hours...
The crypto market thrives on volatility, and the Daddy Tate (DADDY) meme coin’s recent downturn has drawn community attention. This instability has been compounded by high-profile promoter Andrew Tate, who is facing serious legal troubles.
Due to the legal challenges, there are uncertainties surrounding the future of the DADDY meme coin.
DADDY Meme Coin Declines 34% From Its Local Peak...
The price of Shiba Inu (SHIB), a leading meme coin, has dropped by 19% over the past month. This decline has created a buying opportunity for those looking to trade against the market.
As a result, SHIB whales have increased their accumulation and taken advantage of the dip.
Shiba Inu Price Dip Invites the Whales
An on-chain analysis of SHIB’s market value to realized value (MVRV) ratios...
Research commissioned by OKX exchange discovered institutional investors view entry into the digital asset space as inevitable. The report cites a “growing consensus” among institutional investors that digital assets like cryptocurrencies, NFTs, and tokenized private funds are critical to portfolio asset allocations.
Institutional interest in the crypto space continues to increase, partly...
Wirex Pay, a leading decentralized payment network, is excited to announce the launch of its mainnet, marking a major step toward creating a decentralized payment ecosystem.
Designed as a modular Zero Knowledge (ZK) chain for seamless payments, Wirex Pay is incubated by Wirex, a leading Web3 money app, and backed by industry giants like Visa, showcasing its commitment to innovation and...
Cardano (ADA) derivatives traders seem confident that the altcoin’s price will soon recover much of its recent losses, according to data obtained by BeInCrypto from Coinglass.
ADA, like many cryptocurrencies, has faced challenges over the past few days, currently trading at a seven-day low of $0.35. Despite the underwhelming market conditions, these traders appear unfazed. The question remains...
Crypto airdrops have long sparked debate within the digital currency community. For some, they are essential to foster engagement; for others, they attract freeloaders who disappear after farming tokens.
Today, Ethereum co-founder Vitalik Buterin provided his perspective, potentially reshaping airdrop strategies.
Win-Win Situation With Crypto Airdrops
According to Buterin, airdrops...
Bitcoin’s (BTC) price led the crypto market’s crash over the last 48 hours, and ironically, the reason was the bullish sentiment.
However, when it comes to crypto, there is never just one reason behind any incident, and such is the case with BTC.
Bitcoin Investors Are Skeptical but Optimistic
Bitcoin’s price touched the ground below the support of $60,000 after the market turned overtly...
Telegram Coin Toncoin (TON) has lost its market cap position to Tron (TRX) following a recent price correction and the ongoing detention of Pavel Durov. Before Sunday’s events, TON had a market cap of $17.20 billion, while Tron’s market cap was over $14 billion after surpassing Cardano.
However, with TON’s market cap declining, its position in the top 10 cryptocurrencies is now at risk,...