Tomiwabold Olajide

1 week ago | u.today | Tomiwabold Olajide

In a recent development, 1,995 Bitcoin worth nearly $216 million were moved to Coinbase Institutional across two transactions. According to blockchain data tracker Whale Alert, the two transactions were as follows: 1,083 BTC worth $117,242,199 were transferred from unknown wallet to Coinbase Institutional; 912 BTC worth $99,201,426 were transferred from Cumberland to Coinbase Institutional.

1 week ago | u.today | Tomiwabold Olajide

Dog-themed cryptocurrency Shiba Inu (SHIB) is trading near a pivotal price point that could determine its next major move. A total of 95 trillion SHIB tokens are currently parked at a crucial support range between $0.000008 and $0.000014, according to on-chain data. According to IntoTheBlock data, 95 trillion SHIB are being held by 339,180 in the range of $0.00008 and $0.000014 at an average cost basis of $0.000011.

1 week ago | u.today | Tomiwabold Olajide

A significant 180 million Cardano (ADA) have been caught up in whale activity in recent days. According to Ali, a crypto analyst, whales have bought over 180 million Cardano (ADA ) in just the past week. The accumulation stint might be bullish, especially as the crypto market experiences mixed price action and uncertainty surrounding broader economic developments. Whales, or large holders, are often known to accumulate during periods of decline or consolidation.

1 week ago | u.today | Tomiwabold Olajide

According to CoinGlass data, XRP's open interest (OI) has increased to $4.87 billion in the last 24 hours. Open interest refers to the total number of outstanding futures or options contracts on the market and can provide insight into the sentiment of market participants toward the cryptocurrency. This comes as the XRP price continues to consolidate, with traders positioning themselves for potential price movements. XRP has been locked in a tight range of $2.65 and $2.26 since early May.

1 week ago | u.today | Tomiwabold Olajide

Major crypto exchange Binance has officially surpassed 275 million users, marking a significant milestone in its global expansion. The announcement has sparked a wave of excitement across the crypto space, highlighting the crypto exchange's expanding presence and ongoing adoption worldwide. Reacting to the milestone, Binance CEO Richard Teng shared a message of gratitude on social media X: "275 million strong & growing. Thank you for being part of this incredible journey.