Ethereum (ETH), the second-largest cryptocurrency by market cap, saw its price decline by more than 3% in the last 24 hours. This could be attributed to a large sell-off by a notable whale. The whale transferred 25,000 ETH (worth about $47.24 million) to Binance and then withdrew a large amount of USDT shortly after.
Author: jose
Etherscan Code Reader is a useful tool for users who want to avoid falling victim to malicious contracts and gain valuable insights about various crypto applications. It can analyze the code of any contract on the Ethereum blockchain and provide information such as its functionality, security, and popularity.
One of the most prominent supporters of Bitcoin is Michael Saylor, the founder, and CEO of MicroStrategy, a software intelligence company. Saylor has been buying large amounts of Bitcoin since 2020, believing that it is a superior store of value and hedge against inflation than traditional assets like gold or fiat currencies.
BlackRock has filed for a spot Bitcoin Exchange Traded Fund (ETF) and experts suggest that the US Securities and Exchange Commission (SEC) is more likely to approve the application as its concerns have been largely addressed. The market for spot Bitcoin ETF is prone to fraud and manipulation, according to the US SEC. This is why the agency has been turning down proposals for this type of investment product.
A whale has shocked the crypto world by buying 1.93 trillion PEPE tokens, worth $3.03 million, from Binance in the last 11 hours. This huge PEPE purchase has sparked a lot of curiosity and debate among cryptocurrency enthusiasts. What’s more, before getting this enormous amount of PEPE tokens, the whale had sold about 97,735 LINK tokens and 9,883 BNB coins, losing around $342K in the process.
Binance, the world’s largest crypto exchange, has recently announced that it has enabled API functionality on its Auto-Invest feature for all users. This new development allows users to automatically invest in their preferred cryptocurrencies from a selection of over 210 options supported by Auto-Invest.
In the past week, several altcoins associated with decentralized finance and NFTs have experienced significant growth, with double-digit percentage increases. This is due to a shift in investment from larger cryptocurrencies such as Bitcoin and Ethereum to more speculative tokens like Blur and Arbitrum.
A group of old wallets that were created in 2010 and had not been used for more than 12 years moved 100 bitcoins worth over $3 million for the first time on June 26. This came after another batch of 50 bitcoins from 2010 was spent on June 15, breaking a long period of inactivity.
Binance, the world’s largest crypto exchange, has recently withdrawn its license registration in Austria, following similar actions in the UK, Belgium, Cyprus, and the Netherlands. This move comes amid increasing regulatory challenges from financial regulators globally. Binance Austria GmbH, a subsidiary of Binance, has recently retracted its application for a license from the Financial Market Authority (FMA) in Austria.
In a turbulent market, Bitcoin (BTC) has achieved a remarkable milestone. The monthly transfer volume of Bitcoin has surpassed its yearly average baseline for the first time since Terra (LUNA) collapsed. This significant development indicates a revival in on-chain activity, reflecting stronger network fundamentals and increased network utilization.