Posts

Showing posts with the label network activity

Ethereum Network Activity Heats Up As Fees Hit $1.4M In 24H

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Will Bitcoin crash below $100k as network activity nosedives 45%?

Image
As Bitcoin (BTC) consolidates around the $107,000 mark, on-chain data is showing signs of fatigue, suggesting a potential price move may be imminent. Specifically, the number of large Bitcoin transactions exceeding $100,000 has decreased by 45.3% over the past month. The transactions peaked at around 30,840 on May 22 but fell to just 16,860 by June 29, according to data from the crypto analytics platform IntoTheBlock . Bitcoin whale transaction data. Source: IntoTheBlock The steep decline often signals reduced activity from whales and institutions. This drop indicates potential weakening confidence and thinning liquidity, which increases the risk of Bitcoin slipping below the key $100,000 support level. If large-scale buying continues to wane, the market could face deeper volatility unless new demand emerges. Capital inflow into crypto plunges $20 billion  At the same time, broader cryptocurrency market trends echo this caution. Capital inflows into cr...

TRON Activity Hits All-Time High, Is a TRX Price Breakout Coming?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Crypto Whales and Institutions Possibly Positioning for Bullish Dogecoin (DOGE) Move, According to Analyst

Image
A popular on-chain strategist says the top meme token Dogecoin (DOGE) is seeing an abrupt increase in network activity. Analyst Ali Martinez tells his 73,400 followers on the social media platform X that institutional investors may be behind the sudden rise in large Dogecoin transactions. “The number of large Dogecoin transactions on the network continues rising, which suggests institutional players and DOGE whales are positioning themselves for a potential upside move.”  Source: Ali Martinez/X Last week, Martinez noted that crypto whales accumulated over $100 million worth of DOGE in just one day. “Dogecoin whales bought over 1 billion DOGE in [24 hours], totaling roughly $108.7 million!” Source: Ali Martinez/X With Dogecoin flashing signs of life, Martinez now says DOGE may be on the cusp of repeating the massive rallies it witnessed during the 2017 and 2020 cycles. “History often repeats itself, and Dogecoin might be doing j...