Celal Mutlu

Turkey

Writer at Coin Otag

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Articles

Shiba Inu Community Thanked Ryoshi and Took Action for SHIB ETF

Feb 26, 2024 | coinedition.com | Celal Mutlu

The SHIB Army is urging Grayscale to launch the SHIB ETF. The Shiba Inu community extends thanks to the project’s creator, Ryoshi. The Shiba Inu (SHIB) price has declined by 0.7% to $0.00000955. SHIB ARMY launched a campaign for Grayscale to launch a SHIB ETF. SHIB ARMY gathered 723 signatures in the campaign started on change.org. The goal was set at 1,000 signatures. Today, a total of 623 signatures have been collected.
Beyond Bitcoin: 3 Coins Poised for Explosive Growth as Super Cycle Gains Momentum

Feb 26, 2024 | coinedition.com | Celal Mutlu

A $0.57 candle close in XRP price could pave the way for a rise to $0.65. Solana’s TVL value surpassed $2 billion on February 20th. The number of daily new wallets created on the Cardano exceeded 3,000. Although the inflow into spot Bitcoin ETFs slowed down last week, more than $200 million entered during the 22nd and 23rd February trading sessions. Meanwhile, the price of Bitcoin fluctuated between $52,000 and $50,000. According to CoinGlass data, Bitcoin’s volatility was calculated at 1.51% today.
Airdrops Surge to Record Prices in Short Timelines: CoinGecko

Feb 23, 2024 | coinedition.com | Celal Mutlu

CoinGecko claimed that 23 out of 50 major airdrops achieved record prices within the first two weeks. Out of the analyzed tokens, 16 reached their peak price in less than 14 days. Four tokens reached their peak price 101 days or more after the airdrop. According to a recently published report by CoinGecko, 23 out of 50 major airdrops achieved record token prices within the first two weeks after the airdrop date. According to the research, the maximum profit could be obtained within 14 days.
What Concerns Corporates in Crypto Payments? Insights from Ripple's Report!

Feb 22, 2024 | coinedition.com | Celal Mutlu

Ripple engaged in a survey with over 100 payment leaders. 77% of participants stated that blockchain payments are beneficial. 60% of participants highlighted regulatory uncertainty in the crypto space. Ripple conducted a survey in collaboration with the US Faster Payments Council (FPC) to guide payment leaders on ongoing trends and technological developments in the payment ecosystem. More than 100 payment leaders participated in this survey, including CEOs, founders, and technical leaders.
200% Gains! These Top AI Crypto Tokens Outperform the Market

Feb 22, 2024 | coinedition.com | Celal Mutlu

AI-focused tokens rose with the introduction of OpenAI’s Sora. SingularityNET’s AGIX token saw a 117% increase in the last 7 days. The WLD token of Sam Altman’s founded Worldcoin project surged by 173%. In the cryptocurrency ecosystem, projects developed in the artificial intelligence (AI) category have garnered attention recently due to their rising performance. One of the triggering factors for the surge in these cryptocurrencies is the move made by OpenAI.
Bitcoin’s Market Depth Increased by 16% Since the Start of 2024

Feb 21, 2024 | coinedition.com | Celal Mutlu

Crypto data provider Kaiko announced a 19% increase in Bitcoin market depth. The data provider reported an increase in Bitcoin trade volume. Net inflow into Spot Bitcoin ETFs was $135 million on February 20. With Bitcoin maintaining its position above $50,000, recent data indicates an increase in market depth. Despite experiencing a dip to $38,555 after the launch of spot Bitcoin ETF products on January 11, BTC later recovered. #BTC market depth is up 19% since the start of 2024.
Increasing Daily Transactions on the Shibarium Network: Will SHIB Price Rise?

Feb 21, 2024 | coinedition.com | Celal Mutlu

The number of wallets on the Shibarium network exceeded 1.3 million. Daily transactions on Shiba Inu’s Shibarium network surpassed 4 million. Despite the increase in transactions on the Shibarium, SHIB dropped by 3%. The Layer-2 network Shibarium, developed by the Shiba Inu team and launched in August 2023, experienced a 40% increase in daily transactions on February 20, with daily transactions calculated at 4.21 million.
Are Whales Accumulating Ethereum? On-Chain Platform Shares Data

Feb 21, 2024 | coinedition.com | Celal Mutlu

The Ethereum whale accumulated 13,526 ETH below $3,000 apiece. The whale withdrew an additional 40 million USDT from Binance. According to data, the Ethereum whale has been accumulating ETH since Feb 19. Ethereum price has surged by over 30% since the beginning of 2024, reaching the $3,000 level. The highest level recorded in 2024 was $3,033. Following these developments, observed movements in on-chain data indicate that whales are accumulating more ETH.
SEC, Case Could Conclude in April If They Reach an Agreement with Ripple!

Feb 20, 2024 | coinedition.com | Celal Mutlu

If no resolution is found, the case outcome could extend into next year. The final submission for resolutions in the case will conclude on April 29. Today is the deadline for discovery regarding resolutions in the Ripple and SEC cases. In the ongoing Ripple and SEC case that has been ongoing since December 2020, there is still no definitive outcome.
BTC Spikes Despite US Reports Higher Than Expected Inflation in January

Feb 14, 2024 | coinedition.com | Celal Mutlu

US inflation data was reported at a higher than expected rate of 3.1%. Despite a higher-than-expected inflation rate, BTC’s price recorded a 4.89% surge in one day. The dollar index is showing an increase following the inflation report. US inflation data for January was announced at 13:30 UTC, just before the stock market opened. In January, inflation in the US occurred at an annual rate of 3.1%, while monthly inflation stood at 0.3%.