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Bitcoin price is attempting a recovery wave above $111,500. BTC is now rising and might gain pace if it clears the $112,000 resistance level. Bitcoin started a recovery wave above the $111,000 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $111,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $112,500 zone. Bitcoin Price Eyes Upside Break Bitcoin price started a fresh recovery wave above the $109,650 zone. BTC…
In brief XRP momentum has faded after breaking an eight-year all-time high price. Solana charts tell a different story today than the price action would indicate. And Pump’s PUMP is pumping once again, but can it last? The crypto market has rolled into September with characteristic uncertainty, as “Red September” fears collide with mounting optimism...
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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
In brief A wallet linked to Tron founder Justin Sun was blacklisted by World Liberty Financial after moving $9 million in WLFI tokens. WLFI token has dropped 19% to $0.18, with retail traders who bought at launch prices above $0.33 now down 45%, while early investors like Sun remain profitable with 10x+ gains Sun denied...
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New data from Santiment has revealed that the top 10 Shiba Inu (SHIB) addresses control over 62% of the entire token supply. The crypto analytics platform shared the update on Tuesday, posting percentages of supply held by the top blockchain wallets of popular Ethereum-based tokens on X. Santiment Data Reveals Top 10 Wallets Hold Over 62% Of Shiba Inu Supply According to the Santiment report, the concentration of Shiba Inu supply in the hands of the top 10 wallets is striking. According to the data, out of Shiba Inu’s original one quadrillion tokens, 62.3% are now controlled by only ten…
In brief A Bitcoin address holding over $50 million in the leading cryptocurrency moved some of its stash on Thursday. It was the first time since 2012 BTC had been moved from the address, blockchain data shows. The movements come as a number of large crypto holders have made transactions. An address holding 479 Bitcoin—worth...
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After hitting its latest all-time high (ATH) on August 14, Bitcoin (BTC) has been on a steady decline, trading just above the $110,000 level at the time of writing. While some analysts opine that the crypto bull run may be over, on-chain data suggests that there is at least one more major leg up ahead for BTC. Bitcoin Bull Market Over? Not Quite According to a CryptoQuant Quicktake post by contributor CoinCare, as much as 50,000 BTC has been withdrawn over the past two days from crypto exchange Kraken. This was followed by another major withdrawal of 15,000 BTC. Source:…
Investors are clearly bullish about former Salesforce co-CEO Bret Taylor’s AI agent startup Sierra. Sierra, which helps enterprises build customer service AI agents, announced it raised a $350 million funding round on Thursday. The round, led by earlier investor Greenoaks Capital, values the startup at $10 billion, according to a company blog post that confirmed an earlier report from Axios on Wednesday. Sierra was founded in early 2024 by Taylor and longtime Google alum Clay Bavor. The company claims to have landed hundreds of customers, including SoFi, Ramp, and Brex, among others, in its 18 months of operation. Sierra has…
In brief Porsche will unveil its 11 kW wireless charging system in Munich next week, the automaker said Thursday. Wireless charging will be offered in Europe from 2026, with global markets to follow. A floor pad transfers power to a receiver under the SUV; efficiency is ~90%, comparable to plug-in charging. Porsche will unveil its...
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XRP’s large holder cohort, specifically addresses holding between 10 million and 100 million XRP, has shifted from accumulation in the second half of August to significant dumping at the start of September. On-chain data from analytics platform Santiment reveals a sharp reversal in holdings, both in terms of circulating supply percentage and the number of coins held by this cohort. This change raises concerns about the sustainability of XRP’s price, which has been facing rejections above $2.8, and whether September could be a bearish month for the token. XRP Millionaires Start September With A Selloff XRP millionaire wallets, which are…