WLFI jumps 12% after whale inflows — $0.18 in sight ONLY IF…
Key takeaways What’s driving the renewed interest in World Liberty Financial? WLFI whales accumulated nearly 300 million tokens as the price reclaimed the EMA20 and EMA50. What threatens WLFI’s recovery? Positive Spot Netflow showed stronger selling, increasing the risk of a pullback towards EMA20 support. The decline in the broader market has eased for several weeks, and many mid-cap companies are showing early signs of stabilizing. World Liberty Financial joined that list after publishing its first meaningful recovery structure in weeks. This shift has seen whales return to accumulation as traders attempt to position themselves early for a potential trend…
Whale Accumulation Pushes $PENGU Toward Reversal After Hitting $0.01 Support
One of the most closely followed tokens, $PENGU, is signaling its best rebound since the tough seven-day decline. On-chain data provided by Nansen shows that the token fell 6.4 percent in the past week, falling between 0.012007 and 0.011238. The decline has put pressure on the upside, but the asset is now starting to show strong signs of stabilization and a revival in interest. $PENGU is showing signs of life🐧 Support was found at $0.01🐳 Whales buy 2.9 times more than average🆕 New $1 Million Wallets Just Launched🔝 Top traders still hold more than 85% of the total stack🤑 $174…
Monad Airdrop Farmer Spends All $112K On Failed Trades
A cryptocurrency farmer lost more than $112,000 in newly issued tokens after burning the entire reward on failed blockchain transactions. In the field of cryptography, a professional Airdrop A farmer (or squatter) is an entity that interacts with emerging protocols solely for airdrop rewards, often using multiple wallets to multiply the rewards. Cryptocurrency wallet “0x7f4” received approximately $112,700 in Monad (MON) tokens as a reward for its previous activity leading up to the launch. In an unfortunate turn of events, the trader lost a full $112,000 across hundreds of failed blockchain transactions, all of which were deducted from gas fees…
Tom Lee’s BitMine Buys $82 Million ETH, Shares Soar 11%
join us cable A channel to stay up to date with the latest breaking news Tom Lee’s BitMine Immersion Technologies bought $82 million worth of Ethereum (ETH), sending its shares up 11%. According to the series Data From Arkham Intelligence, cited by Lookonchain, the world’s largest ETH treasury has purchased another 28,625 tokens. The rebound comes after a difficult month for BitMine during which its shares fell more than 42% amid doubts about whether its ETH treasury business model is sustainable. BitMine stock price (Source: Google Finance) Shares are still down 6% last week but are up 190% in the…
Bitcoin’s Sharp Drawdowns Are Healthy and Expected: Pompliano
Institutional investors new to cryptocurrencies may have been caught off guard by bitcoin’s volatility, putting downward pressure on its price, according to cryptocurrency entrepreneur and investor Anthony Pompliano. During an interview on CNBC’s Squawk Box on Monday, in Pompliano He said Bitcoin (Bitcoin) declines about once every 1.5 years, and the recent recession is unlikely to be a surprise Bitcoiners who have been in the game For a long time. “Over the past decade, bitcoin has fallen by 30% or more 21 different times,” Pompliano said. “So Bitcoin users are used to this. Now, the ones who aren’t used to…
My medium term Bitcoin bear thesis – and why this winter could be the shortest yet
Despite all the talk about this course being somewhat “different”, so is its structure Bitcoin The market still seems unambiguously cyclical to me. Every summit brings the same chorus that claims The cycle model is deadAnd every cooling stage renews the idea of this Liquidity alone Now defines the path. But the evidence continues to point in the other direction. The bears may be shorter, the rhythm may be compressed, and all-time highs may continue to creep in early in each epoch, yet the underlying rhythm has not disappeared. My basic thesis about a bear market My practical view is…
What Is Tectonic Crypto – Coinlabz
Tectonic Crypto stands out in the world of cryptocurrencies, as it *offers real-time data* and *insights* to its users. It shines brightly because it uses advanced technology to enhance its system. By delving into Tectonic Crypto, users can get a comprehensive understanding of its functions and how it works in the digital asset space. This platform is designed to provide users with valuable information and analysis, contributing to a deeper understanding of the cryptocurrency landscape. Key takeaways Tectonic Crypto provides real-time data and insights into the cryptocurrency space, using advanced technology and governance functions. The platform offers competitive APYs, an…
XRP sees investor demand rise during one of the largest outflow runs since 2018
Key takeaways XRP saw notable inflows of $89 million last week despite widespread market outflows. Digital asset investment products faced outflows of $1.9 billion, the third largest since 2018. Share this article XRP was one of the few major digital assets to record net inflows last week. CoinShares Research I mentioned About $89 million was transferred into XRP investment products, while most other high-value tokens saw significant withdrawals. However, the positive flow of XRP was not enough to offset losses in other digital assets. Digital asset investment products saw widespread outflows totaling $1.9 billion last week, representing a four-week cumulative…
Crypto Market Cap Flirts With $3T Mark as Bitcoin Was Stopped at $88K: Market Watch
M is the big winner today, while ZEC has lost some of its momentum. The Bitcoin price rebound that began on Friday saw the asset rise to $88,000 earlier in the day, where it faced immediate rejection and now stands $2,000 below it. Most large-cap altcoins were very slow on a daily basis, but ETH remained above $2,800, and XRP stabilized above $2.00. BTC fails at $88k The previous work week started off on the wrong foot, and the moodiness persisted for days. On Monday and Tuesday, BTC was violently rejected at $96,000 and pushed south to below $90,000. Although…
Solana (SOL) Recovery Underway But Momentum Still Needs Stronger Follow-Through
Solana started a recovery wave above the $125 area. SOL price is now consolidating and facing hurdles near the $135 area. SOL price started a good recovery wave above $125 and $128 against the US Dollar. The price is now trading above the $130 level and the 100 hourly simple moving average. There is an uptrend line forming with support at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to rise if it crosses $135 and $140. Solana price aims to recover Solana price remained stable and started a good recovery…