Crypto Market

  • Huge Transfer of 68 Million USDT from Kraken to Bitfinex

    On March 17th, according to Whale Alert data, 68000000 USDTs were transferred from Kraken to Bitfinex. 68 million USDTs transferred from Kraken to Bitfinex Analysis based on this information:On March 17th, 2021, the cryptocurrency community witnessed a massive transfer of 68 million USDT from Kraken to Bitfinex, according to the Whale Alert data. USDT is a stablecoin backed by the US dollar, which has a fixed value, unlike other cryptocurrencies such as Bitcoin and Ethereum. Whale Alert is a platform that tracks and reports large transactions in the cryptocurrency market, mainly on Twitter. Whale Alert alerts the market about the transfer of funds equal to or greater than $1 million. Also, it provides real-time information about the transfer of billions of dollars worth of cryptocurrencies. Kraken is a prominent cryptocurrency exchange founded in 2011, while Bitfinex is one of the world’s biggest bitcoin exchanges. With this transfer, Bitfinex has become the significant holder of USDT in the cryptocurrency market. The…

    03/17/2023
    138
  • CoinRoutes Obtains US Patent for Enterprise Crypto Solution to Help Traders

    On March 16th, it was announced that CoinRoutes, a crypto software as a service developer, has approved its latest enterprise transaction solution, “Distributed Cryptocurrency Smart Order Router with Cost Calculator”, or a US patent. The company’s latest product is designed to help traders navigate the crypto market. Wall Street veteran and CEO of CoinRoutes said that the design allows CoinRoutes to provide secure enterprise solutions for every customer. CoinRoutes “Distributed Cryptocurrency Smart Order Router” is approved by a US patent Analysis based on this information:CoinRoutes has announced the approval of its latest enterprise crypto solution, the “Distributed Cryptocurrency Smart Order Router with Cost Calculator,” a US patent. This highly anticipated product is aimed at helping traders navigate the crypto market more efficiently and securely. CoinRoutes is a well-known software company that specializes in developing technology solutions for the crypto industry. In this new venture, they have set out to create a tool that helps traders make informed decisions at every…

    03/16/2023
    135
  • Massive Transfer of MATIC to Coin Security: What Does it Mean?

    According to the report, according to WhaleAert data, 60 million MATICs (worth about US $70.72 million) have been transferred from unknown wallets to coin security. 60 million MATICs were transferred from unknown wallets to Coin An, with a value of more than 70 million US dollars Analysis based on this information:Recently, according to the Whale Alert data, there has been a significant transfer of MATIC (Polygon) worth US $70.72 million, from unknown wallets to CoinSecurity. This move has caused a stir in the crypto market, igniting discussions among traders and investors as to what could be the potential implications of this transaction. MATIC, which is an Ethereum-based token, is one of the hottest cryptocurrency advancements in the market, experiencing significant gains in recent months. The crypto asset has become increasingly popular as its blockchain technology offers more efficient and cost-effective transaction processing compared to Ethereum’s network. Thus, the news of such huge amounts of MATIC transferred to CoinSecurity should be…

    03/14/2023
    146
  • Possible Impacts of USDC’s Two Key Nodes on the Crypto Market

    It is reported that the encrypted KOL \”Shenyu\” tweet analysis said that the USDC has two key nodes. The first is that there are 3 billion USDC mortgages in the…

    03/11/2023
    112
  • Vitalik Buterin Sells Off ‘Shitcoins’ Holding

    It is reported that the chain analyst Lookonchain disclosed that Vitalik Buterin, the \”V God\”, is selling some of its \”shitcoin\” holdings. At present, it has s…

    03/07/2023
    136
  • Institutional Investor’s Smart Crypto Trading Strategy

    On March 3, Lookonchain tweeted that an institution accumulated 7669 ETHs ($12 million), 83815 AAVEs ($6.37 million), 919998 UNIs ($5.74 million) and 86976 COM…

    03/03/2023
    105
  • Bitcoin’s Connection with Global Risk Assets Still Prevails

    It is reported that Arthur Hayes, the former CEO of BitMEX, said in the latest interview with Crypto Banter that Bitcoin has not really got rid of its connecti…

    02/26/2023
    105
  • USDC Activity Shows Stability Amidst Crypto Market Volatility

    According to reports, Glassnode data shows that the number of addresses sent by USDC has just reached 1407.131 in the past hour (the average of 7 days), reachi…

    02/26/2023
    112
  • USDC Active Addresses Dropping: Potential Implications for Crypto Market

    On February 25, Glassnode data showed that the number of active addresses (MA on the 7th) of USDC was 2407.268, reaching a one-month low.

    The number of…

    02/25/2023
    115
  • Large Transfer of ETHs to Binance Raises Questions on the Whales’ Intentions

    On February 24, according to Whale Alert data, 92170 ETHs (valued at $150939479) were transferred from unknown wallets to Binance.

    92170 ETH transferre…

    02/24/2023
    107
  • Audius Integration with TikTok Results in a Possible Price Rise for AUDIO

    It is reported that the Web3 music platform Audius announced that it will be integrated into TikTok. Users can use their TikTok profile to register for Audius …

    02/23/2023
    101
  • Paxos Destroys 91.19 Million BUSDs: What This Means for the Crypto Market

    According to reports, Whale Alert data showed that Paxos destroyed 91.19 million BUSDs today.

    Paxos destroyed 91.19 million BUSDs today

    Interpreta…

    02/20/2023
    89
  • STX Coin Price Surges by 71.54% in 24 Hours

    On February 20, the market showed that STX rose to 0.8USDT, and is now at 0.7USDT, with a rise of 71.54% in 24H.

    STX rose to 0.8USDT, while 24H rose 71…

    02/20/2023
    113
  • Decrease in New Token Applications Signals Maturity in Crypto Market

    On February 16, according to CoinMarketCap data, the number of new Token applications has dropped from 10264 in the first quarter of 2022 to 6350 in the fourth…

    02/16/2023
    140