Tag:

Hours

$670M in Bitcoin Moved to Major U.S. Crypto Exchange In Mere Hours

by admin May 22, 2025

On May 22, leading U.S.-based crypto exchange Coinbase received large transfers involving a total of 6,016 BTC from multiple unknown whales, according to recent data from on-chain tracking platform Whale Alert.

According to the data source, the massive Bitcoin transfers, worth more than $670 million, were executed consecutively in 13 separate, identical transactions.

The 13 transactions saw transfers made in identical amounts, with different unknown wallets sending 463 BTC to Coinbase 11 times. The remaining two transfers involved 462 BTC and 461 BTC, bringing the total Bitcoin inflow to 6,016 BTC in just a few hours.

Although the tracker could not identify the sender’s address, it revealed that the transactions were made from separate unknown accounts.

Whales dump on Bitcoin Pizza Day?

With the large BTC transfers coming during a major Bitcoin bull run that saw the leading cryptocurrency set new records and hit a new all-time high, the move has sparked discussions among the crypto community.

The timing has caught the attention of market participants as it coincides with the legendary Bitcoin Pizza Day, causing enthusiasts to speculate about the motive behind the transfer.

While the transfers were consistent in size and happened in rapid sequence, there are suggestions that it might be a coordinated activity from a single institution attempting to dump its Bitcoin stash.

You Might Also Like

Oftentimes, large transfers to a highly liquid platform like Coinbase have been associated with major players preparing to sell off their assets to take profits after amassing gains from Bitcoin’s upsurge.

While movements like this often negatively influence Bitcoin’s price, the cryptocurrency has remained bullish, trading in the green zone since yesterday. Although the reason behind the massive Bitcoin transfers remains uncertain, it has not directly impacted the asset’s price.

Over the last day, Bitcoin has surged by 4.56%, according to data provided by CoinMarketCap. While it achieved a new high of $111,915 today, the coin is trading at $111,538 as of press time.

Source: CoinMarketCap

Although market participants expect Bitcoin’s price to remain bullish in the long run, recurring dump activities from whales could slow down its potential to continue rising.

Source link

May 22, 2025 0 comments

GameFi Guides

Dogecoin (DOGE) Realized Profits Soar 225% in 24 Hours

by admin May 22, 2025

Dogecoin defies meme status
DOGE trading volume spikes to $2.71 billion

Dogecoin (DOGE) is once again attracting attention in the crypto market following a massive increase in profits and activity lately. According to Whale.io data, there has been a significant rise in its realized profits in the past 24 hours, reaching $36.1 million.

This 225.58% rise indicates that many traders are making impressive gains with DOGE’s price movements. With a 7.93% increase, there has also been a sharp rise in daily transactions to $595.9 million, suggesting increased user interest and market activity around the meme-themed crypto asset.

Dogecoin defies meme status

The data also showed that the average buy price for DOGE dropped 1.02% in the last 30 days but still stands at $0.159. Even though the drop isn’t huge, it is a sign that new buyers are making their purchases at prices slightly below previous buy prices.

The sharp surge in realized profits suggests that many DOGE holders are in profit at this price level. At about 931, the HODL days show the average period investors have held onto their DOGE.

The 1.73% rise in the last month shows that their confidence in Dogecoin remains as strong as ever. These data show that Dogecoin continues to demonstrate profit potential despite still being considered a joke asset by many in the crypto ecosystem.

You Might Also Like

It remains popular among active traders and long-term holders. While whales play a major role in its price action, DOGE keeps attracting serious investment despite its meme origins.

Analysts suggest that this fresh wave of activity could be part of a broader positive movement in the altcoin space.

DOGE trading volume spikes to $2.71 billion

According to CoinMarketCap data, Dogecoin currently trades at $0.2296 after gaining 2.47% in the last day. Its trading volume increased by 63.39% to $2.71 billion over the past 24 hours. This suggests increased interest from retail and institutional investors.

Source: CoinMarketCap

This trading volume shouldn’t be confused with the transaction value mentioned above. The former is the value of DOGE trades across exchanges, while the latter refers to the value of DOGE moved among wallets.

The 24-hour price chart shows that Dogecoin reached a peak price of $0.237 before a slight price correction, even though it has retained most of its gains. DOGE has maintained relevance over the past years, partly due to its endorsements by high-profile personalities like Elon Musk and its use in small transactions such as tipping.

Source link

May 22, 2025 0 comments

GameFi Guides

Only 473 Million XRP in 24 Hours: This Is Not Good

by admin May 21, 2025

XRP’s price action and on-chain activity are sending conflicting signals, and none of them are particularly bullish. Over the last 24 hours, only 473 million XRP were moved between accounts, according to payment volume metrics, a notable drop from the recent high of 640 million just days ago. This decline in transactional volume could indicate waning momentum and growing market hesitation around Ripple’s native asset.

From a technical perspective, XRP is currently flirting with the 26 EMA, a key support level that often acts as the final threshold before momentum reversals become more serious. A decisive close below this EMA would likely trigger further downside toward the 50 EMA and possibly even the 100 EMA, currently around the $2.20 and $2.05 levels, respectively.

XRP/USDT Chart by TradingView

Volume on the price chart is also tapering off, which means that the recent moves upward are not supported by a strong market base. This makes the asset particularly vulnerable to sharp corrections or a prolonged sideways drift. The daily RSI has dropped from overbought territory and now hovers near the midline, showing indecision among traders.

You Might Also Like

While XRP had broken out of a descending wedge earlier in May, that breakout now appears to be weakening. The recent failed attempts to reclaim the $2.70-$2.80 range further confirm that bulls are running out of steam.

From an on-chain perspective, the decline in daily payment volume — especially below the 500 million threshold — is a red flag. It signals reduced utility activity or large-holder apathy, both of which typically precede a downturn in price performance.

In summary, the technical and fundamental signals are aligning on the bearish side. Unless XRP sees a strong resurgence in volume or a bounce off of current EMA levels, the outlook for the asset looks weak in the short term. A retest of lower support levels may be unavoidable if market conditions do not improve swiftly.

Source link

May 21, 2025 0 comments

Crypto Trends

Wall Street Ponke breaks 300k in hours and sets sights on 100x memecoin status

by admin May 21, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Wall Street Ponke raises $300k fast, aiming to restore integrity to memecoins with AI tools that protect and empower traders.

Wall Street Ponke is not just another memecoin riding the trend, it’s a statement. Launched with a bold mission to restore value and integrity to the memecoin space, this project has already raised over 300,000 dollars in its opening presale hours. That kind of explosive momentum shows there is serious demand for memecoins with substance. Investors are no longer just chasing hype, they’re looking for purpose , and Wall Street Ponke delivers exactly that.

The project was born from a rejection of what the memecoin space has become. Too many coins launch with flashy branding and empty promises, leaving behind a trail of disappointed investors. Wall Street Ponke stands against that. Its core vision revolves around empowering traders with tools that genuinely matter. At the heart of its platform is an artificial intelligence engine that scans new tokens and detects red flags in real time. This feature gives users the kind of insight that can help them avoid scams, fake liquidity, and other traps that plague the crypto market.

Wall Street Ponke launches e-learning hub to educate and empower all levels of traders

In addition to fraud detection, the project is rolling out an e-learning center focused on trader education. Whether someone is a beginner trying to understand basic crypto terms or an experienced holder looking to deepen their market strategy, Wall Street Ponke provides interactive and useful content tailored to real-world crypto situations.

Wall Street Ponke is creating an ecosystem where traders can actually grow and trade smarter, not just hope for luck.

But what’s really catching the community’s attention is how quickly this vision is turning into reality. The fact that the presale crossed 300k in just hours is not just a number, it’s a sign. A sign that the market is tired of the same recycled narratives and is finally supporting projects that bring utility, ethics, and long-term thinking into the world of memecoins. Wall Street Ponke is here to change the game, and early backers know they might be sitting on the next 100x opportunity.

For more information, visit the official website, X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Source link

May 21, 2025 0 comments

GameFi Guides

79.89% Crash In 24 Hours: What’s Going On With The Shiba Inu Burn?

by admin May 21, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a rather unexpected turn of events, the Shiba Inu (SHIB) burn rate has plummeted by a staggering 79.89% in just 24 hours. Once considered the cornerstone of Shiba Inu’s deflationary strategy and a key driver behind the meme coin’s long-term value, this dramatic decline in token burns now sparks serious concerns about what’s behind the sharp drop and its impact on the meme coin’s future price.

Shiba Inu Burn Rate Suffers Dramatic Decline

Shiba Inu’s once-celebrated burn mechanism has recently hit a significant roadblock, with the burn rate crashing almost 80% in just a day. According to Shibburn, the on-chain analytics platform designed to track token burns within the Shiba Inu ecosystem, only 8,258,774 SHIB coins were eliminated in this period. This is a steep drop compared to over 49 million tokens incinerated just a day earlier.

The sudden drop in Shiba Inu’s burn rate comes as the meme coin’s price experiences a significant decline. Notably, Shiba Inu’s burn mechanism is a vital part of its tokenomics model. By sending coins to a dead wallet, SHIB tokens are permanently removed from its large circulating supply, which in turn helps increase scarcity and possibly drive up its price over time.

Unlike projects with protocol-level burn mechanisms, Shiba Inu’s burning process is mainly community-based. This means that the recent drop in burn rate could reflect a negative shift in market sentiment.

Source: Chart from Shibburn

This decline in market sentiment may also be attributed to Shiba Inu’s lacklustre price performance and failure to sustain a meaningful rally in recent months. At the time of writing, SHIB is trading lower alongside many altcoins, reflecting market uncertainty. According to CoinMarketCap, its price is sitting at $0.0000144, representing a sharp 39.8% decline from its yearly high.

Despite the community’s strong presence and analysts’ optimistic projections, sentiment around SHIB appears muted, with CoinCodex data highlighting indifference rather than enthusiasm. If the burn rate continues to decline, particularly after this 79.89% drop, it could erode confidence in the meme coin’s deflationary narrative and future price.

Currently, Shibburn data reports that the total number of SHIB tokens burnt since inception is over 410.7 trillion, leaving approximately 589.2 trillion remaining out of the original maximum supply of over 999.9 trillion.

SHIB Price Targets $0.000035

Despite low prices and burn rate crashes, analysts still view Shiba Inu in a bullish light. One of the latest price predictions by market expert ‘Crypto Catalysts’ on X (formerly Twitter) suggests that the Shiba Inu price could soon see a dramatic surge to $0.000035.

The analyst noted that SHIB is showing signs of strong upward momentum. According to the shared chart, SHIB has been forming a clear accumulation base between $0.000007 and $0.000014. This zone, which previously acted as a launchpad for the meme coin’s explosive rallies in 2021 and 2023, is once again highlighting strength as SHIB aims for a 147% increase to $0.000035.

SHIB trading at $0.000014 on the 1D chart | Source: SHIBUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

May 21, 2025 0 comments

Crypto Trends

$23.35 Billion Dogecoin (DOGE) Moved by Whales In Just 24 Hours

by admin May 20, 2025

Dogecoin has seen its daily large transaction volume surge massively by 41.12% with whales actively moving large amounts of tokens, according to data from IntoTheBlock.

DOGE whales in action

The data shows that a total 60.9 billion DOGE worth about $23.35 billion have been moved by DOGE’s large transaction holders over the last 24 hours.

While the broad crypto market has been experiencing mixed actions after cooling off from the recent massive bull run, this notable whale movement suggests that investors are still bullish despite ongoing price corrections.

While large transaction volumes like this indicate increased whale activities on the concerned crypto currency, there are speculations that Dogecoin whales are preparing for something big, possibly anticipating a massive price rally in the near future.

You Might Also Like

Although the major drive behind Dogecoin’s massive large transaction volume remains uncertain, recent trading activities among whales suggests the metric might have been spurred by increased buying activities.

Earlier today, the Dogecoin ecosystem saw a mysterious whale pull out a significant 260 million DOGE from a major U.S.-based brokerage platform, Robinhood, according to a report from U.Today.

While transactions like this often suggest buying activities from whales, the move signals increased demand for Dogecoins among large holders, potentially driving a surge in the price of the token.

Nonetheless, latest data from CoinMarketCap shows that the increased whale activities on DOGE have not had any direct impact on the price performance currently as the leading memecoin have been trading sideways over the last day.

The data shows a decent 0.41% increase in DOGE’s price since the last 24 hours. As such, the token is trading steadily around $0.2252 as of press time.

Source: CoinMarketCap

Despite the positive surge in DOGE’s large transaction volume, DOGE’s trading volume has remained in red as it has declined by up to 25% since the last day.

While this suggests that market sentiments are shifting, it signals decreased interest for the meme token among retail investors.

This indicates that whales are actively accumulating while retailers are silent, causing investors to be more watchful about DOGE’s on-chain movement and potential performance.

Source link

May 20, 2025 0 comments

GameFi Guides

Aave (AAVE) Price Jumps by 25% in 24 Hours: Key Reasons

by admin May 20, 2025

AAVE price spikes by 25% amid market apathy: Reasons
Aave (AAVE) now responsible for 20% of all DeFi TVL

AAVE, a core cryptocurrency token of Aave, a leading DeFi protocol on EVM blockchains, outperforms all of the major cryptos. While the market benchmark is in the red, the AAVE price has logged a 25% overnight price increase. AAVE crypto might benefit from the U.S. GENIUS Act gaining support.

AAVE price spikes by 25% amid market apathy: Reasons

Today, May 20, 2025, AAVE, a native governance crypto of the eponymous blue-chip DeFi, has seen its price spiking by 25% in less than one day. The AAVE price jumped from $213 to a three-month high over $267. AAVE becomes the best performer in the top 100.

Image by CoinGecko

On social media, the cryptocurrency community attributed the success of AAVE to the GENIUS Act, which eases crypto regulation in the U.S. and makes it less hostile to DeFi and stablecoins.

Affected by this optimism, other DeFi tokens are also outperforming today. For instance, CRV crypto of Curve Finance DeFi is the second best performer with an 8% upsurge, while JUP of Solana’s DeFi Jupiter is up by 5%.

By contrast, the market benchmark is in red today. The total capitalization of the cryptocurrrency segment dropped by 1.5% overnight, while Bitcoin (BTC) is only up 0.3%.

Aave (AAVE) now responsible for 20% of all DeFi TVL

Ethereum (ETH), the second-largest cryptocurrency, is up by 1%, while other majors XRP, BNB, DOGE and ADA are all losing value.

Aave (AAVE) also accomplished a number of records in its total value locked (TVL) metrics. After a recent upsurge, its TVL hit a new all-time high over $30 billion.

That said, it exceeds all CeFi TVL combined and is equal to an unbelievable 20% of aggregated TVL of all DeFis in Web3.

Many analysts see the run of AAVE as the first signal of altcoin season incoming. Optimists see the token reaching $280-$200 in the near future.

Source link

May 20, 2025 0 comments

NFT Gaming

137% Shiba Inu (SHIB) Surge in 24 Hours: What’s Happening?

by admin May 20, 2025

With a 137% increase in just one day, Shiba Inu is seeing a huge spike in large transaction activity, which is bringing the meme coin back into the spotlight. Whale activity has increased significantly enough to suggest a potential market shift even though price action has not reflected this jump with the same vigor.

Currently SHIB is trading close to $0.000014, which is just above the 100 EMA, a crucial support level that served as the catalyst for its most recent breakout. The token is nevertheless perilously close to losing its 26 EMA, which was a useful short-term trend indicator during the most recent surge. Any short-term bullish continuation could be rendered invalid by a break below this level.

SHIB/USDT Chart by TradingView

Technically speaking, despite SHIB’s efforts to consolidate close to its local highs, the volume profile shows declining activity. This discrepancy, which shows a lower volume and a persistently rising price, frequently indicates buyer exhaustion or the beginning of a reversal. Given the high percentage of large holders (74%) and the comparatively small order book, SHIB may see significant price swings in either direction based on how whales play it next.

You Might Also Like

With “In the money” metrics and net network growth flashing red, on-chain signals are still primarily bearish. Retail interest appears to be stagnating and the number of Telegram users decreasing. The $36.78 million trading volume of SHIB, however, indicates that liquidity is present and that any sudden catalyst – whether favorable or unfavorable – could quickly cause volatility.

Even with its meme coin origins, SHIB still has a cultlike following and a huge $8.76 billion market capitalization. But this is a make-or-break area based on the available data. Resurgent volume and a bounce off the 100 EMA could cause SHIB to retest $0.000016.

On the other hand, if important support is not maintained and the transaction momentum keeps dropping, it could fall back to $0.000012 or even $0.0000113. Keep an eye on the 26 EMA; if it folds, the current rally may end quickly.

Source link

May 20, 2025 0 comments