Over half a million dollars were spent by a large Ethereum whale on the native asset of a crypto derivatives exchange. As per the resources, Crypto whale purchased 15,720,427 FTX tokens worth $637.14 million in a single transaction. FTX tokens are the utility token of the FTX crypto exchange, a trading platform for leveraged tokens, […]
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Wonderland Controversy Causes a Dump in ...
The native token of the Terra ecosystem dropped sharply after the controversy surrounding Wonderland. The token was down by 17% on Friday. It traded as low as $47.56, the lowest it has traded since November. Recently, Luna was trading around $51.89 and was down from its all-time high price of $100.17 which it reached in […]
Analyst Justin Bennett Believes That Cry...
In a recent interaction with his Twitter followers, Justin Bennett said that markets don’t crash when they are most expected to do so. He explained that the crypto Bull market is still not over, but the correction is months away. Bennett has also revealed that “Federal Reserve will not hike interest rates and bring a […]
Kraken Differentiates Between Cardano (A...
A difference between Ethereum and Cardano was explained by the crypto exchange Kraken. The exchange highlighted that both the smart contract platforms offer the same thing but have “different philosophies.” According to Kraken, “ADA emphasizes on research-driven approach to design,” Ethereum was developed to “be a kind of operating system for any number of custom […]
Trading Veteran Shows Confidence in Bitc...
Trader Tone Vays, in a recent session with his YouTube subscribers, said that he is still biased towards a bullish run in Bitcoin despite the sharp decline in its prices from an all-time of $69,000. The trader yet believes that Bitcoin has not entered a bear market. To support his argument, Vays gives several reasons […]
Time Taken by Bitcoin to Recover After a...
According to the host of InvestAnswers, Bitcoin (BTC) isn’t much away from making a recovery. The host made these predictions after referring to the historical data. Addressing his YouTube subscribers, InvestAnswers host said that 89 days are taken by average correction and average pullback devaluates BTC about 57% from the top, adding that after a […]