Analyzing impact of $6.46M whale action on ENA’s price

by

Whale deposits prompt volatility, pushing ENA below key support levels. Stable active addresses and MVRV suggest underlying market resilience. The recent deposit of 7.85 million Ethena [ENA] tokens by Arthur Hayes, co-founder of BitMEX, into Binance and Bybit, valued at $6.46 million, has sent ripples through the market. Currently trading at $0.803 and down by … Read more

Cumberland Receives $61.38 Million in ETH from Fidelity’s FETH ETF, Transferred to Binance

by

In a significant move within the cryptocurrency market, Cumberland, a prominent liquidity provider, recently acquired a distribution of 20,000 ETH, valued at approximately $61.38 million. This transaction, reported by COINOTAG News on January 14th, originated from Fidelity’s FETH ETF address. Following the distribution, the entire amount was promptly transferred to Binance, indicating a potential shift … Read more

Solana (SOL) Price Prediction For January 14

by

Despite significant price fluctuations in the past 24 hours, Solana (SOL) has maintained its crucial support at $175. However, this volatility has led some whales to lose confidence and dump their holdings, impacting the market today. Crypto Whale Dump $22 Million of SOL On January 13, 2024, Whale Alert, a blockchain-based transaction tracker, posted on … Read more

Chainalysis Expands Anti-Fraud Efforts With Alterya Acquisition

by

Chainalysis, the blockchain analytics firm, has announced its acquisition of Alterya, a firm that harnesses artificial intelligence (AI) to combat fraud. Blockchain Analytics Firm Chainalysis Acquires Fraud Detection Startup Alterya Alterya, positioning itself as a preemptive scam detector, claims expertise in thwarting fraudsters before they target their victims. Its clientele reportedly includes major players such … Read more

Robinhood To Pay $45M To Settle US SEC’ Securities Charges

by

The US Securities and Exchange Commission (SEC) charged the American commission-free trading platform Robinhood Markets Inc for violating Federal securities provisions. The markets regulator specifically charged two of the exchange’s affiliated broker-dealers. The Robinhood and US SEC Settlement The US SEC publication announcing the charges noted that the Robinhood entities violated up to 10 securities … Read more

MOVE Price Falls 11% Amid Sustained Selling Pressure

by

Movement (MOVE) has dropped approximately 11% in the past 24 hours, extending its correction to 26% over the last seven days. Technical indicators, including the RSI and Ichimoku Cloud, point to a strongly bearish outlook, with MOVE trading near oversold levels and far below the cloud. The recent formation of a death cross has intensified … Read more

Coinbase Adds PNUT Meme Coin On Solana Network

by

Peanut the Squirrel (PNUT), a Solana-based meme coin that emerged in 2024, will join Coinbase platform. Pending liquidity requirements, trading for the PNUT-USD pair is set to commence on January 14, 2025, at 9:00 AM PT. The announcement follows a previous roadmap update in December. Coinbase Confirms Solana-Based PNUT Meme Coin Trading to Begin This … Read more

20+ Countries Seek to Join the Bloc

by

The BRICS bloc’s push for de-dollarization and its rising prominence in reshaping global economic dynamics have drawn significant interest from Africa, Asia, and Latin America. U.S. President-elect Donald Trump has threatened 100% tariffs on countries supporting a BRICS currency to challenge the U.S. dollar. Yury Ushakov, a senior side to Russian President Vladimir Putin, announced … Read more