Criptos News

Latest news about blockchain and cryptocurrencies

Crypto Market Rises Amid ‘Altseason’ Hopes, Some Bitcoin Whales Selling

Following heavy selling earlier in the week, the crypto market moved higher on Thursday on boosted sentiment in stocks. However, some on-chain metrics could be a cause of concern for bitcoin (BTC) investors. At 10:05 UTC, BTC stood at USD 41,215, up almost 3% for the past 24 hours and down almost 5% for the week, after strong selling action on both Sunday and Monday. Read more →

Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance

Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen….Read More: Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance… Continue reading on https://cryptonews. Read more →

Olympus Sheds 35% in Price and USD 474M in Market Cap as Whale Dumps the Coin

OHM, the native token of decentralized finance (DeFi) protocol Olympus, plunged by nearly 35% at around 2 am UTC on January 17, as a whale unloaded OHM 82,526 (worth USD 13.3m at the time), which triggered a series of liquidations that exacerbated the price drop. In terms of market capitalization, OHM shed nearly USD 474m following the sell-off, plummeting from USD 1. Read more →

Crypto Traders Shocked That Solana Whales Can Dump Their Cheaply Bought SOL Too

A widely shared video from a podcast discussion between several well-known venture capitalists on their investments in Solana’s native token SOL has raised eyebrows in the crypto community, with many questioning their intentions….Read More: Crypto Traders Shocked That Solana Whales Can Dump Their Cheaply Bought SOL Too… Continue reading on https://cryptonews. Read more →