Mysterious Whale Withdraws $8 Million in $PEPE Tokens Amid Memecoin Surge

A mysterious cryptocurrency whale has made a splash on the memecoin market after moving nearly $8 million worth of $PEPE from Binance, effectively withdrawing 592 billion tokens after the recent price rise. According to on-chain analytics firm Lookonchain, the whale likely bought the tokens as the price of PEPE surged. PEPE, it’s worth noting,  recently […]

BitMEX Co-Founder: Weak Yen Could Push Bitcoin Price to $1 Million

Arthur Hayes, co-founder of popular cryptocurrency derivatives trading platform BitMEX, has recently revealed a theory on the exchange rate between the U.S. dollar and the Japanese yen, and how a weakening yen could see Bitcoin’s price top the $1 million mark. In his latest newsletter titled “The Easy Button” Hayes, currently the Chief Investment Officer […]

Markets

Cardano Price Analysis

Cardano (ADA/USD) Price Analysis – 6 July 2023

Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]

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Ethereum SEC Spot Ethereum ETFs

Why Is the Ether ($ETH) Price Going Down Despite the Good News From U.S. SEC Regarding Spot Ether ETFs?

On May 23, the U.S. Securities and Exchange Commission (SEC) gave the green light to applications from major exchanges like Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) tied to the price of Ether. This move has the potential to open the doors for these products to start trading later this year, pending final […]

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