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Showing posts with the label liquidity

Ripple just moved over 600 million XRP; Incoming crash?

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Blockchain firm Ripple Labs has moved 630 million XRP, worth roughly $1.3 billion at current prices, in a departure from its usual 1 billion token unlock schedule. According to blockchain tracking platform Whale Alert , the first major transaction occurred at 11:00 p.m. UTC on June 1, when an anonymous wallet sent 330 million XRP to an address linked to Ripple. 330,000,000 #XRP (716,729,507 USD) transferred from unknown wallet to #Ripplehttps://t.co/TDrDt6mFTl — Whale Alert (@whale_alert) June 1, 2025 However, data from XRPScan confirmed the move was an internal transfer between two Ripple-controlled wallets, Ripple 26” and “Ripple 1.”  Just two minutes later, “Ripple 26” transferred another 170 million XRP to “Ripple 15,” bringing the total internal movement to 500 million XRP. Ripple XRP internal transactions. Source: XRPScan Shortly after, Ripple locked up 670 million XRP in escrow across two transactions. The first, via wallet “...

New Meme Coins to Buy Today, February 5 — dogwifhat, Pudgy Penguins, 888

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Investors are actively reevaluating their portfolios as the anticipated crypto bull run approaches. Amidst this waiting phase, some tokens are experiencing an upsurge in value. Notably, several new meme coins are leading this pack today. Consequently, Insidebitcoins has carefully compiled a selection of some relatively new meme coins to buy today. Our Analysis examines their use cases, tokenomics, partnerships, and price Analysis . Therefore, readers can be assured of a balanced and comprehensive Analysis of each token and their prospects; read on to discover these hidden gems. New Meme Coins to Buy Today Pudgy Penguins is our best-performing meme coin today. Although the token is down 71.65% in the past month, analysts believe it might trade higher soon due to the exponential growth of its trading activity. Its modest price also gives investors a perfect entry point to buy the token before its price rally begins. Similarly, Meme Index (MEMEX) allows investors to engage in a po...

$TRUMP Meme Coin Price Prediction – Can It Rebound From Its Current Dip?

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The Official Trump meme coin, currently priced at $29, has seen a sharp decline from its previous high of $75. Despite a current dip, the coin remains a topic of interest in the market. It’s also important to note that some early investors may still be in significant profit, as the coin’s market cap reached $5 billion within just five days of launch. Although the price is falling, there’s potential for a rebound. One potential factor to consider is the executive order signed by Donald Trump aiming to make America the global capital of crypto. This could positively impact the coin in the long run. Additionally, the coin has gained real-world utility, being accepted for bookings through Travala, a company that allows crypto payments for flights, hotels, and activities. This could lead to more selling as people cash out, but it may also help increase the coin’s value over time. $TRUMP Price Prediction The coin’s market cap is hovering around $5.85 billio...

Crypto trader turns $727 into $2.42 million in just four days

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A cryptocurrency trader made a 3,329-fold return in four days while speculating in a Solana (SOL)-based meme coin. The accomplishment happens as these primarily speculative tokens regain market share and demand amid controversies and related discussions. On October 14, a trader started and ended up selling 5.7 million of the meme coin $GOAT for Solana. This rendered him 5,949 SOL, worth $931,000, when Lookonchain reported the activity from the Solana domain stupidmoney.sol. Interestingly, the crypto trader had bought 15.15 million $GOAT four days before, spending 5 SOL, worth $727. From the initial purchase and after the partial sales, stupidmoney.sol is left with $1.49 million worth of 9.5 million $GOAT – totaling $2.42 million in both realized and unrealized gains. Picks for you Is Gold accumulation trend by BRICS countries signaling in...

Investor Chris Burniske Says Crypto Emerging From ‘Early Bull’ Reset, Sees Favorable Conditions for Asset Class

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Digital asset veteran Chris Burniske thinks the crypto market looks ready for a new bull run after witnessing months of correction. The former crypto analyst at ARK Invest says on the social media platform X that digital assets have sufficiently cooled off after rallying from late 2023 to early 2024. He shares a chart posted by Real Vision analyst Jamie Coutts to suggest that technical conditions are ripe for fresh surges. “Crypto’s now emerging from a textbook ‘early bull’ reset. While the path remains volatile, don’t get shook, and it’s not too late if you’re sidelined.”  Source: Jamie Coutts/X Looking at the overall landscape for crypto, Burniske says conditions are aligning in favor of the asset class. “It’s not just favorable rates and liquidity that are promising for our asset class, it’s maturation of the infrastructure, builder experimentation with apps, and continued user growth with act...

Crypto Reaches New All-Time High in Active Addresses Amid ‘Healthy Correction in Bull Market’: Jamie Coutts

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Smart contract platforms have reached all-time highs in active addresses in the face of a price correction – a good sign for the asset class, according to analyst Jamie Coutts. Citing active address data from the analytics platform Artemis, Coutts says that the surge during the current price dip is a positive sign. “The daily active addresses metric for Smart Contract Platforms (SCP) hits an all-time high of 17 million, up from 5 million 12 months ago. Total Mkt Cap is down -35% since March but up 63% from a year ago. This is a healthy correction in a secular bull market.” Source: Jamie Coutts/X According to Artemis’ data, active addresses for Solana have been skyrocketing since late 2023, and have since eclipsed Ethereum (ETH). However, Ethereum still leads Solana in stablecoin market cap, stablecoin transfer volume, total value locked (TVL) and other metrics. Source: Artemis In a new video update, Coutts says that market liquidity is start...

Exploring BNBChain’s BTCB

BTCB (Bitcoin BEP2) is a tokenized representation of Bitcoin (BTC) on the BNBChain, formerly known as Binance Smart Chain (BSC). Issued by Binance, BTCB is backed 1:1 by actual Bitcoin reserves, which are publicly verifiable, ensuring transparency and trust. This pegged token enables users to access the value of Bitcoin within the BNBChain ecosystem, bridging the gap between Bitcoin and decentralized finance (DeFi) opportunities. One of the key advantages of BTCB is its ability to bring Bitcoin’s liquidity to the BNBChain, a network known for its low transaction fees and fast processing times. BTCB holders can participate in a wide array of DeFi activities, such as yield farming, staking, and lending, without having to leave the BNBChain. Additionally, BTCB can be traded on decentralized exchanges (DEXs) like PancakeSwap, providing seamless liquidity. BTCB expands Bitcoin’s utility by allowing it to be used in smart contracts, opening up possibilities for more complex financial in...

Global liquidity nears $100 trillion: Bitcoin bull run’s ‘most important chart’ hits new all-time high

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Global liquidity has surged to nearly $100 trillion, fueling bullish expectations for the Bitcoin (BTC) market.  This unprecedented level of liquidity is seen as a significant boost to Bitcoin’s ongoing bullish rally, with the cryptocurrency now trading at $71,000. A recent analysis by Philip Swif t, creator of the on-chain data platform LookIntoBitcoin , reveals that the global M2 money supply stands at $94 trillion — the highest ever recorded. Picks for you Crypto expert Michaël van de Poppe updates his altcoin portfolio 52 mins ago Solana trader turns $53,500 into $2.86 million in five months 1 hour ago How rich is Iowa senator Jon...

Turbos Finance pioneers new liquidity strategies for Sui

Turbos Finance, a decentralized exchange (DEX), has unveiled two market-first liquidity strategies within the Sui (SUI) ecosystem, according to the information shared with Finbold on May 2. The new strategies aim to revolutionize automated liquidity management and simplify liquidity provision. Turbos Finance’s liquidity strategies The first strategy is a network-centric automated liquidity management vault for CLMM positions on the Turbos DEX within the Sui network.  Picks for you Bullish: Shiba Inu whale stacks $40 million in SHIB 26 mins ago FOMO takes over as April’s 'Nonfarm Payrolls' data favor interest rate cut 33 mins ago AI sets Solana price for May 31, 2024  53 mins ago Navigating the market: How to realign your investment portfolio in volatile times 1 hour ago The second is an innovative Auto-swap capability combined with Dollar-Cost Averaging (DCA) strategies meant to simplify liquidity provision. With these automat...

Wormhole-backed cross-chain liquidity provider Pike debuts testnet

Cross-chain liquidity provider Pike Finance has announced the launch of its testnet on Ethereum and its layer-2 solutions. In an X thread on Dec. 11, 2023, Pike said blockchain developers can now experiment with the protocol’s cross-chain functions using a testnet available on Ethereum as well as Goerli’s versions on Optimism, Arbitrum and Base. While no timetable is in place, Pike said other networks such as Solana, Monad and Fraxchain are also expected to be supported by the protocol. The @PikeFinance Testnet is live! Pike is a Universal Liquidity Protocol powered by @wormholecrypto's cross-chain message passing protocol & @circle’s Cross-Chain Transfer Protocol (CCTP). Native asset liquidity is becoming a reality across chains! pic.twitter.com/AghDCCwhk3 — Wormhole (@wormholecrypto) December 11, 2023 You might also like: ChainGPT integrates Chainlink to unlock cross-chain crypto hub With the testnet , Pike Finance’s users can explore su...