Francisco Memoria

News Reporter

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies

Articles by Author

Bitcoin Whales Accumulate at ‘Unprecedented Level’ after Adding 358,000 BTC in a Month

The price of the flagship cryptocurrency Bitcoin has risen more than 5% over the past week to currently stand above the $67,000 mark, seeing a price rise after a seismic market rout erased $1 trillion from U.S. equities in their worst day since 2022. The rise comes with Bitcoin in an “accumulation phase,” as over […]

XRP Ledger Activity Surges: New Wallets and Active Addresses Reach March Highs Amid 29% Price Spike

The XRP Ledger has experienced a surge in activity, with both new and existing addresses reaching levels not seen since March in an unexpected burst that came along with a significant price rise of nearly 29% in a 30-day period. On-chain data reveals a striking uptick in new XRP wallet creation, as in a single […]

Seismic Market Rout Erases $1 Trillion from U.S. Equities in Worst Day Since 2022

The day of reckoning arrived on Wednesday for the tech industry, as a seismic market rout erased a staggering $1 trillion in value from U.S. equities, led by the declines in shares of Tesla and Alphabet that marked the worst day for the S&P 500 and Nasdaq Composite since late 2022. At the heart of […]

Oracle of Omaha’s Warning Sign: Buffett Indicator Reaches Record High

The specter of a market bubble is once again haunting Wall Street as the Buffet Indicator, a metric favored by the Oracle of Omaha that measures the ratio between a country’s total stock market capitalization and its GDP, has hit a new all-time high. According to data shared by Barchart on the microblogging platform X […]
XRP

XRP Price Set to Soar? Whales Accumulate $84M in a Week Amid Breakout Hopes

The cryptocurrency XRP has been making waves in recent days, with investors eyeing a potential breakout from its extended trading range after the token surged more than 20% over the last 30-day period and as whales have been accumulating. According to popular cryptocurrency analyst Ali Martinez, crypto whales have bought over 140 million XRP worth […]

Crypto Analyst Predicts Explosive XRP Price Surge to Over $3 After 2,275-Day Accumulation

A popular cryptocurrency analyst has recently suggested that the price of the native token of the XRP Ledger, XRP, could soon see an exponential price rise to over $3 after enduring an accumulation period of 2,275 days. According to the analyst Alex Clay on the microblogging platform X (formerly known as Twitter), the price of […]

Bitcoin, Gold, and Silver Prices Set to Skyrocket with Trump’s Return: Bestselling Author

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has recently suggested the flagship cryptocurrency Bitcoin will a, long with gold and silver, see its price rise “when Trump becomes President again.” Per the bestselling author, Trump is looking to weaken the country’s fiat currency, the U.S. […]

Historic Launch: Spot Ether ETFs See $361 Million in Early Trading Frenzy

The U.S. Securities and Exchange Commission (SEC) greenlit the launch of spot Ether exchange-traded funds, which started trading today, and in just 90 minutes of trading a total of $361 million changes hands in these funds. That’s according to Bloomberg intelligence analyst Eric Balchunas, who noted that this trading volume would rank these ETFs “about […]

Crypto Investment Products See Over $1.3 Billion Inflows in a Week with BTC, ETH, and SOL in the Lead

Over the past week, cryptocurrency investment products saw total inflows of $1.35 billion, bringing their ttotal inflows over the last three weeks to $3.2 billion, with Bitcoin investment products bringing in the lion’s share of funds, followed by ETH, Solana, and multi-asset vehicles. According to CoinShares’ Digital Asset Fund Flows report, BTC-focused products saw $1.27 […]

Bitcoin Eyeing $190,000? Analyst Points to Key Technical Indicator Suggesting Incoming BTC Surge

The price of the flagship cryptocurrency Bitcoin has recently surged to the $67,000 mark and amid its recovery, a popular cryptocurrency analyst has recently suggested that a key technical indicator points to a potential move to between $140,000 and $190,000. In a post shared on the microblogging platform X (formerly known as Twitter), popular analyst […]

Mass Capitulation: 672,510 Bitcoin Wallets Dumped BTC in a Month, On-Chain Data Shows

The number of wallets holding Bitcoin has been dropping at a rapid pace, with data suggesting that traders are capitulating over the belief that the price of the flagship cryptocurrency won’t surpass its all-time high of $73,500 seen in March. According to data from on-chain analytics firm Santiment, the number wallets with a BTC balance […]

Bitcoin Eyes New Highs as $7 Billion Exodus Drains Exchanges

The price of the flagship cryptocurrency Bitcoin ($BTC) appears to be consolidating around its current level of $65.000 ahead of what could be a massive rise to a new all-tie high, with data showing over $7 billion worth of the cryptocurrency were withdrawn from exchanges this month. The exchange exodus, pointed out by popular cryptocurrency […]

Ethereum ETPs Could Help ETH Price Surge Past $5,000: Bitwise CIO

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, is forecasting a bright future for Ethereum, predicting the cryptocurrency will surpass its all-time high by year-end thanks in part to the launch of spot Ethereum Exchange-Traded Products (ETPs) to trade above $5,000. In a new blog post, Bitwise noted that he believes that the launch […]
XRP

Bullish XRP Price Narratives Soar as it Outperforms Wider Cryptocurrency Market

Bullish narratives surrounding the native token of the XRP Ledger have recently surged after the price of XRP moved up more than 38% in a single week to now trade above $0.6, in a trend that made it the seventh-largest cryptocurrency by market capitalization. The price of XRP has significantly outperformed Bitcoin, Ethereum, and other […]

Ethereum Foundation Moves $12 Million to Crypto Exchange Kraken, Raising Market Timing Concerns

The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has transferred a significant amount of Ether (ETH) to the popular cryptocurrency exchange Kraken, raising eyebrows given its history of wallet movements. According to on-chain analytics firm SpotOnChain, the Ethereum Foundation’s wallets and wallets linked to an Ethereum initial coin offering (ICO) […]

Over a Third of Mt. Gox Bitcoin Returned to Creditors Even as BTC tests $65,000 Mark

More than a third of the Bitcoin owed to creditors of the defunct Mt. Gox exchange has already been distributed, according to a report by crypto analytics firm CryptoQuant, with the data coming at a time in which the price of BTC has been rising. According to data shared by the cryptocurrency analytics firm on […]

Potentially Massive XRP Price Rally ‘Just Getting Started’, Popular Crypto Analyst Says

The price of the native token of the XRP Ledger has recently shot up more than 35% over the past week amid a wider cryptocurrency market rally, with XRP itself outperforming most other digital assets including Bitcoin itself, which moved up around 14.5% over the same period. As the cryptocurrency’s price rises, a popular cryptocurrency […]

Crypto Investment Surge: $1.44 Billion Inflows with BTC, ETH, and SOL Leading the Charge

Cryptocurrency investments products attracted inflows of $1.44 billion over the past week, with products focusing on Bitcoin, Ethereum, and Solana shining, while products shorting the flagship cryptocurrency saw outflows. According to CoinShares’ latest Digital Asset Fund Flows report, Bitcoin saw its fifth largest weekly inflows on record over this past week, with $1.35 billion entering […]

Bitcoin Price Drops Ahead of Potential $6 Billion Earthquake

The price of the flagship cryptocurrency Bitcoin (BTC) dropped after testing the $65,000 mark shortly after large outflows were detected from wallets associated with the defunct cryptocurrency exchange Mt. Gox, which is set to distribute over $8 billion to creditors. The cryptocurrency exchange, which was at one point the largest Bitcoin trading platform, was hacked […]

Bitcoin Whale Awakens From 12-Year Slumber to Over 500,000% Gains on Their BTC

A long dormant Bitcoin whale has recently transferred 1,000 BTC, worth over $60 million, to a new address after being inactive for a whopping 12 years, with the coins being worth around $11,900 at the time it was last active in 2012. The resurfacing of such a large holding tends to raise eyebrows in the […]

World’s Largest Asset Manager BlackRock Surpasses $10 Trillion AUM for the First Time

BlackRock, the world’s leading asset manager, announced today that its assets under management (AUM) surpassed $10 trillion for the first time, exceeding expectations in the second quarter. According to the Financial Times, BlackRock’s assets under management rose 13% from the same period last year to now stand at a record $10.6 trillion. The firm saw […]

‘Extreme Fear’ Grips Crypto Market as Bitcoin Fails to Recover $60,000 Level

Sentiment in the cryptocurrency space has plunged to its lowest level in more than a year after the price of the flagship cryptocurrency Bitcoin (BTC) failed more than once to retake the $60,000 level after dropping to a $53,000 low last week. The Crypto Fear & Greed Index, which serves as an aggregate for investor […]

Panic Mode? Analyst Points to ‘Imminent’ Stock Market Meltdown Over Recent BTC Market Signal

Bitcoin recent price slide could mean that the stock market’s benchmark index, the S&P 500, may be about to drop significantly as well, as the two assets often move in tandem as investors with greater risk appetite bet on both. According to Barry Bannister, managing, managing director and chief equity strategist at Stifel, Bitcoin’s recent […]

Germany’s Bitcoin Fire Sale Nears End After offloading Over $2 Billion in BTC

The German government’s Bitcoin sell-off may be about to end and its impact on the flagship cryptocurrency is close to being negligent, with its wallets recently sending an additional 3,250 coins worth roughly $190 million to exchanges, to the point it now has around $500 million worth of BTC left. The German government’s Bitcoin stash […]

Ethereum ICO Project Golem Starts Staking Over $120 Million in ETH After Massive Sale

An Ethereum-based project that financed itself through an initial coin offering (ICO), Golem (GLM), has recently moved 40,000 ETH worth around $124 million to start staking the funds, effectively becoming a validator on the network to secure yield by helping secure it. According to data from on-chain analytics firm Lookonchain, the move comes after Golem […]

Shiba Inu ($SHIB) Price Rally Signal? Whales are Accumulating as Exchange Holdings Decline

The meme-inspired cryptocurrency Shiba Inu ($SHIB) has showed early signs of a potential price upswing after decoupling from other altcoins, at a time in which large SHIB holders, colloquially known as whales, keep on accumulating. According to data from on-chain analytics firm Santiment, the group of large wallets that keep accumulating SHIB aren’t those belonging […]

Ethereum Whale Makes $50 Million Splash, Moves Holdings to Self-Custody as Price Rebounds

A large cryptocurrency holder, colloquially referred to as a whale, recently transferred 16,449 Ether ($ETH), valued at roughly $50.3 million, out of leading cryptocurrency exchange Binance exchange into self-custody. The move came as the price of the second-largest cryptocurrency by market capitalization recovered from a slump seen earlier this month to climb above the $3,000 […]

Tesla’s $5.7 Billion Blow to Short Sellers: Stock Surge Fuel Gains Amid Potential Bitcoin Accumulation

Tesla (TSLA) has emerged as a top performer in the S&P 500, inflicting significant losses on short sellers who have bet against the electric vehicle manufacturer that has invested in Bitcoin. Since releasing its second-quarter delivery report on July 2, Tesla’s stock has surged over 25%, building on gains exceeding 44% performance over the last […]

Bitcoin Price Rises Even as German Government Offloads Nearly $1 Billion in BTC

The German government has recently moved nearly $1 billion worth of the flagship cryptocurrency Bitcoin (BTC) from its cryptocurrency wallet in a single day, sending shockwaves in the space as analysts feared a massive sell-off. According to data from on-chain analytics firm Arkham Intelligence, the German government moved 16,000 BTC worth around $915 million to […]

Bitcoin May have Hit Local Bottom After $400 Billion Sell-Off: Bitfinex Report

The price of the flagship cryptocurrency plunged last week to little over $53,000 after a massive $400 billion sell-off hit the cryptocurrency market that came after BTC dropped below its 200-day moving average for the first time in 10 months, but Bitfinex has suggested that “a potential local bottom has been reached.” Bitcoin’s aggressive sell-off […]

S&P 500 Soars, But Indicator Flashes Warning Sign From 2008 Market Crash

The stock market’s benchmark index, the S&P 500, has been consistently rising over the last few months, moving up 16.7% year-to-date and around 4.5% in just the last 30 days to hit new highs, however the influence of some components of the index has raised concerns. As first pointed out by Zerohedge, the S&P 500 […]

Blood in the Streets? Crypto Market Sees $800 Million in Long Positions Liquidated Amid $400 Billion Market Cap Drop

The cryptocurrency space has experienced a wave of forced selling after mote than $800 million worth of long positions were liquidated in the past three days, representing the heaviest liquidation events since April, according to CoinGlass data. These liquidations came amid a wide cryptocurrency market sell-off that has seen the space’s total market capitalization drop […]

Major Ethereum Whale Risks Liquidation Amid Wider Crypto Market Downturn as ETH Drops 7% in a Week

A major cryptocurrency whale that deposited over $40 million worth of the second-largest cryptocurrency Ethereum ($ETH) into a lending protocol to borrow stablecoins is currently risking being liquidated and becoming a forced seller over the recent crypto market decline. According to on-chain analysis firm Lookonchain, the whale deposited 12,734 ETH to lending protocol Compound, at […]

Bitcoin Price Could See ‘Extreme’ Crash After Range Breakdown, Fund Manager Warns

The price of the flagship cryptocurrency Bitcoin has recently dropped below its 200-day trendline after hitting a low above the $57,000 mark and losing its key $60,000 support level, sparking concerns of a potentially “extreme” price crash that would see it trade near $40,000. Andrew Kang, co-founder of Mechanism Capital, highlighted parallels between the current […]

Bitcoin Bottoming Out? Coinbase Premium Discount Suggests BTC Could See ‘Splendid’ 6-12 Month Returns

Bitcoin could soon see a dramatic upward price swing according to the head of research at cryptocurrency brokerage FalconX, David Lawant, based on the current discount on the Coinbase Bitcoin premium and its historical significance. In a post shared on the microblogging platform X (formerly known as Twitter), Lawant noted that the last time the […]

Investment Strategist Warns of Potentially Worst Economic Downturn in 100 Years

Paul Dietrich, the chief investment strategist at B. Riley Wealth Management, recently painted a concerning picture of the stock market, suggesting a potential decline far exceeding those seen in the early 2000s and 2008 and potentially the worst one Wall Street has seen over the past century. Dietrich, in his latest commentary, argued that the […]

$HAWKTUAH Memecoin Skyrockets 800% Post-Launch, Plummets Amid Massive Sell-Off

A recently-launched meme-inspired cryptocurrency inspired by the words from a woman in Tennessee called Hailey Welch in a viral video that took the internet by storm, has seen its price explode upwards of 800% shortly after launch to then endure a significant correction. The memecoin, $HAWKTUAH, was inspired by a video of Welch being interviewed […]

Top Crypto Analyst Who Nailed Bitcoin’s Bear Market Bottom Predicts 400% Surge for Solana-Based Memecoin

A top cryptocurrency strategist who has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000 has recently suggested that meme-inspired cryptocurrency Dogwifhat ($WIF) could see a major price surge to the $11 mark. In a post shared on the microblogging platform X (formerly known as Twitter), pseudonymous […]

Ethereum Long-Term Holders Now Control 78% of Circulating Supply, On-Chain Data Shows

Long-term Ethereum ($ETH) investors now holding around 78% of the cryptocurrency’s circulating supply, which means that buyers who have been holding onto their funds for more than a year now control the majority of circulating ETH. That’s according to data from on-chain analysis firm IntoTheBlock, which revealed that long-term holders (LTH) recently added more to […]

Massive Ethereum Whale Moves Over $200 Million Off of Bitfinex, On-Chain Data Shows

A major cryptocurrency investor, believed to be the London-based Abraxas Capital Management, recently moved more than $206 million worth of Ethereum ($ETH) off the Bitfinex exchange over a 16-hour period. Abraxas, a crypto-focused investment manager with over $2 billion in assets under management as of April 2024, reportedly deposited the ETH into Spark, a decentralized […]

Dormant Bitcoin Whale Awakens, Moves 1,000 BTC to Coinbase After Six Years

A long-dormant Bitcoin ($BTC) whale has recently resurfaced, moving 1,000 BTC onto to Nasdaq-listed cryptocurrency exchange Coinbase after being inactive for six years, effectively adding selling pressure for the flagship cryptocurrency. According to data shared by on-chain analysis service Lookonchain, the wallet acquired the flagship cryptocurrency for around $6.68 million six years ago and simply […]

Major Crypto Trading Firm GSR Longs Solana ($SOL), Says Spot ETF ‘Likely Just a Matter of Time’

Cryptocurrency trading firm GSR has taken a long position on the smart contract platform Solana (SOL) citing its “superior technology,” and suggesting its “likely just a matter of time” before Solana gets a spot exchange-traded fund (ETF) trading in the United States. In a recently published note GSR highlighted Solana’s features including its Proof-of-History mechanism […]

Massive Crypto Whale Capitulates After Losing $1.7 Million on Memecoins

A cryptocurrency whale has moved a considerable portion of their holdings in the meme-inspired cryptocurrency PEPE to leading cryptocurrency exchange Binance, presumably to sell the tokens at a significant loss of around $1.57 million. According to data shared by on-chain analysis firm SpotOnChain, the cryptocurrency whale identified only by the initials of their wallet, 0x837, […]

Dogecoin to the Moon? Analyst Predicts 1,500% Surge for DOGE

A popular pseudonymous cryptocurrency analyst has recently predicted that the price of the meme-inspired cryptocurrency Dogecoin ($DOGE) could see a surge of 1,500% from its current level at $0.122. The analyst, known by the pseudonym Kaleo on the microblogging platform X (formerly known as Twitter), told his over 640,000 followers that Dogecoin could move to […]

Why is XRP Dropping? Price Analysis on Current Market Downturn

The price of the native token of the XRP Ledger, in which Ripple is a major ecosystem player, has kept on struggling over the last few months, to the point it lost 11.6% of its value in the past 30 days and 24% of it over the last six months. In a week, it lost […]

Bottoming Out? Bitcoin Whales Accumulate Over $400 Million in $BTC in a Single Day: Data

Large Bitcoin investors, colloquially known as whales, have been quietly accumulating the flagship cryptocurrency as its price seemingly starts to recover from a recent drawdown that saw it hit a low just above the $58,000 mark. According to data shared by on-chain analytics firm IntoTheBlock, holders who control at least 0.1% of Bitcoin’s total supply […]

Why is IOTA Down Today?

The price of IOTA is down by nearly 3% over the last 24-hour period amid a wider cryptocurrency market downturn that has seen the space as a whole lose around $200 billion in a single day. IOTA, a cryptocurrency designed for microtransactions between devices on the Internet of Things (IoT) using a unique consensus algorithm […]

$BTC: Key Technical Indicator Enters Oversold Territory Suggesting Potential 60% Price Surge

A key technical indicator for Bitcoin is raising eyebrows, suggesting that the price of the flagship cryptocurrency could soon surge after dropping below the $60,000 mark amid a wider market sell-off. The Relative Strength Index (RSI), a technical indicator meant to chart the current and historical strength or weakness of an asset‘s recent price changes, […]

Who’s Selling Bitcoin? German Government Offloads Part of Its $2.8 Billion BTC Hoard

The German government has sold over $54 million worth of Bitcoin on June 25 over a series of transactions that saw a wallet labeled “German Government (BKA) move 400 BTC to centralized cryptocurrency exchanges Kraken and Coinbase. According to data shared by Arkham Intelligence, the German government sold an additional $24 million and moved another […]

$9 Billion Earthquake: Bitcoin Briefly Price Crashes Below $60,000 as Mt. Gox Unveils Massive BTC Repayments

The price of the flagship cryptocurrency Bitcoin ($BTC) dipped below $60,000 for the first time since early May after Mt. Gox, a once-dominant cryptocurrency exchange, announced plans to distribute billions of dollars’ worth of recovered Bitcoin and Bitcoin Cash to creditors. Mt. Gox was the world’s leading Bitcoin exchange before collapsing in 2014 following a […]

Crypto Investment Products See $1.2 Billion Outflow in Two Weeks as Investors See ‘Weakness’ in Altcoins

Cryptocurrency investment products saw outflows of $584 million over the past week, which added to the previous week’s figure mean investors have taken around $1.2 billion from these products, although investments in altcoins grew significantly recently. According to CoinShares’ Digital Asset Fund Flows weekly report, these outflows could be a result of “pessimism amongst investors […]

Solana Price Analysis as SOL Dips Below 45-Day Low, Analyst Predicts Surge to $1,000

As the price of Solana’s native SOL token keeps dropping from a 45-day low, a cryptocurrency analyst has recently predicted that despite a current bearish trend the smart contract platform’s native token will move to surpass the $1,000 mark in the future. Solana is at the time of writing trading at $128 after losing around […]

Long-Term Bitcoin Investors are Cashing Out While ETH Holders Keep Accumulating: Data

Long-term Bitcoin (BTC) holders have started selling the holding they accumulated throughout the bear market back in January, when spot Bitcoin exchange-traded funds (ETFs) were listed in the United States. Long-term Ethereum (ETH) holders, however, are still accumulating. That’s according to data shared by on-chain analysis firm IntoTheBlock, with the firm noting that the behavior […]

Key Technical Indicator Suggests Bitcoin’s Price Will Soon Top $100,000

A key technical indicator suggests that the price of the flagship cryptocurrency Bitcoin could soon top the $100,000 mark, despite currently being in a bearish trend that has seen its price drop from a high of $72,000 to around $63,500. According to technical analysis published on TradingView by cryptocurrency trader TradingShot, Bitcoin’s price chart on […]

Dogecoin Set to Skyrocket? Crypto Analyst Predicts Huge $DOGE Price Surge Based on Rare Indicator

The meme-inspired cryptocurrency Dogecoin ($DOGE) could be poised to “surge incredibly” as a little-known technical indictor is suggesting the cryptocurrency’s price is due for a breakout. According to a popular pseudonymous cryptocurrency analyst on the microblogging platform X (formerly known as Twitter), Trader Tardigrade, the Gaussian Channel (GS) indicator turned green on Dogecoin’s weekly chart, […]

BTC Trader Fatigue Sets In: Bitcoin Struggles at $65,000 Ahead of Potential Bounce

Bitcoin has dropped by more than 9% over the last 30 days to now trade around the $65,000 mark in a plunge that has seen investors become “mainly fearful or disinterested” toward the cryptocurrency. That’s according to on-chain analytics firm Santiment, which noted in a post on the microblogging platform X (formerly known as Twitter) […]

Solana (SOL) Price Hits 45-Day Low Amid Broader Correction After Dropping 25% in a Month

The price of Solana’s native SOL token has plunged to a 45-day low amid a broader cryptocurrency market downturn that has seen the space lose over $100 billion in value. SOL is nevertheless underperforming the wider market. According to popular cryptocurrency analyst TOBTC, Solana’s underperformance can be attributed to its reduced on-chain activity and a […]

XRP Price Set to Skyrocket? Analyst Dark Defender Predicts Path to $1.88

A popular cryptocurrency analyst has recently reignited interest in the native token of the XRP Ledger, XRP, with technical analysis suggesting the cryptocurrency’s price could soon explode upward on a “road to $1.88.” According to a post by popular pseudonymous cryptocurrency analyst Dark Defender, the price of XRP reentering a symmetrical triangle it would then […]

Major Metaverse Firm The Sandbox Acquires $PEPE, $SHIB, $DOGE, and Other Memecoins

Popular metaverse and Web3 gaming firm The Sandbox has announced the purchase of several leading meme-inspired cryptocurrencies as it believes “that culture of creativity is a cornerstone of the open metaverse and take time to engage in and help grow the Web3 ecosystem to benefit those who are a part of it.” According to a recent […]

Crypto Investment Funds Face Largest Weekly Outflow Since March Amid Market Correction With BTC, SOL and XRP STanding Out

Cryptocurrency investment funds have experienced their largest weekly outflow since March, with data showing investors moved over $600 million away from these products amid a cryptocurrency market correction. According to CoinShares’ Digital Asset Fund Flows report, the week ending June 14 saw a net $600 million leave cryptocurrency investment products to reverse a five-week stretch […]

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