Amid the ongoing market uncertainty, Dogecoin (DOGE), the popular meme coin, is poised for a massive upside rally as it has garnered widespread attention, with crypto whales strongly betting on it. Recently, a prominent crypto expert posted on X (formerly Twitter) that whales have accumulated a significant 560 million DOGE in the past week.Crypto Whales Buy 560 Million DOGE CoinsThe post on X also stressed that this significant accumulation comes after an intense sell-off, which is currently signaling growing interest from long-term holders, whales, and investors. In addition, whales and long-term holders have been consistently found accumulating the tokens.Data from…
Author: cryphedge
During Friday’s U.S. trading session, the crypto market witnessed a slight downtick as Bitcoin teased another breakdown below $100k. While the renewed selling pressure stalled breakout potential for most major altcoins, Polkadot price shows resilience as the recent S-1 filing for Polkadot Trust has boosted market sentiment. By the press time, the DOT price trades at $6.387, with an intraday gain of 1.06% Key Highlights: On January 31st, 21Shares submitted an S-1 registration filing to the U.S. SEC to launch the Polkadot Trust A rectangle pattern within $11.6 and $3.6 drives the current consolidation In Polkadot price. The DOT coin…
On January 31st, Friday, the crypto market witnessed a hindered recovery as Bitcoin price struggled to surpass All-time high resistance at $108,000. While the overhead supply restrained major altcoins from key breakouts, the AAVE price shows potential for a sustained rally amid growing whale interest. According to Coingecko data, the AAVE coin holds a market cap of $5.06 Billion, while the 24-hour trading volume is at $830 million. Key Highlights: A cup and handle pattern drives the current recovery trendline AAVE price The ongoing rally could witness overhead supply at $343 365, followed by $400. On-chain data highlights a surge…
Joseph Bankman and Barbara Fried have met with lawyers and members of president Donald Trump’s administration Trump has already pardoned Silk Road creator Ross Ulbricht who served 12 years in prison Early Bitcoin investor Roger Ver, who faces a 109-year prison sentence, has also asked Trump to help him The parents of former FTX CEO Sam Bankman-Fried are seeking to get their son a presidential pardon from Donald Trump. Stanford law professors Joseph Bankman and Barbara Fried have reportedly met with lawyers and members of Trump’s administration. According to Bloomberg, the pair hopes to receive clemency for their son, who…
Solana (SOL) is known for its incredible speed and efficiency and is one of the top platforms for DApp developers. However, the rise of 1Fuel (OFT) could rival Solana’s dominance in the DeFi space. 1Fuel is an emerging cross-chain exchange platform that offers better blockchain interoperability compared to Solana. The 1Fuel presale has been the talk of the town, raising $1.6 million in record time. Find out why experts are backing OFT to overtake SOL in 2025 Solana outlook: Imminent ETF approval could spur another all-time high Solana outlook: Imminent ETF approval could spur another SOL all-time high Solana has…
Ethereum has been the top choice in the DeFi space for many years, especially with new partnerships and its functionality, but it’s reign is showing cracks now, and traders are paying attention to a new altcoin which features an impressive DeFi ecosystem. 1Fuel (OFT) remains a top alternative to Ethereum right now, despite being a new player in the crypto space. It might actually increase by 88x after its public listing, which has attracted so many investors to the presale stage. Ethereum’s Dominance Reveals Cracks Ethereum (ETH) has always been one of the largest cryptocurrencies by market cap, but other…
The altcoin market witnessed intense growth in January following Donald Trump’s return to the White House. In January, the Official Trump meme coin gained significant spotlight as it recorded multiple ATHs in a few hours. As a result, January was a rocky month for the market. Several cryptocurrencies reached record highs only to drop significantly shortly after. Despite these ups and downs, some cryptocurrencies have bounced back and are now close to important price levels. This could mean they might reach new highs in February.Cryptos are Historically Bullish in FebruaryCryptocurrency prices could do well in February based on past trends.…
Crypto exchange Coinbase has announced the acquisition of Spindl. The on-chain ads and attribution platform was founded in 2022 by former Facebook ads team member Antonio Garcia-Martinez. Coinbase has acquire Spindl, an on-chain ads and attribution platform. The US-based cryptocurrency exchange announced the acquisition on Jan. 31, noting in a blog post that the deal is crucial to the exchange’s plans to the next one billion users on-chain. Coinbase will use the newly-acquired platform to accelerate onchain ads traction. Bringing 1 billion people onchain starts with backing the builders making it happen Welcome to the @spindl_xyz team, helping builders go…
The Graph (GRT), a leading decentralized indexing protocol, has gained significant traction since its launch. Its role in powering blockchain data queries makes it a popular choice among investors. We’ll guide you through simple, fast, and secure ways to buy and store The Graph (GRT). To keep things concise, we believe that Coinbase is the best platform to buy GRT. Why Coinbase? Coinbase is trusted by BlackRock and has a Deposit protection. Coinbase has super low fees and is almost an industry leader in this category. Coinbase has the best customer support in the industry according to our tests. The following…
Grayscale Investments announced the launch of the Grayscale Dogecoin Trust on Jan. 30, marking a significant milestone in institutional access to Dogecoin, the crypto initially created as a joke but now valued at billions.The new single-asset fund offers accredited investors exposure to Dogecoin (DOGE) through a traditional security format, eliminating the complexities of directly purchasing, storing, and securing digital assets.The move comes amid heightened institutional interest in blue chip memecoins from traditional financial players.Dogecoin TrustThe Grayscale Dogecoin Trust officially began operations on Jan. 30. Its shares are designed to track the CoinDesk Dogecoin Reference Rate. Each share represents 30 DOGE,…
