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DEXs are moving in recent market action.

Whale activity has become a source of concern for Ethereum developers in recent days. Despite this, $3K is within the crosshairs for the asset class.

The outflows of ETH from exchanges are reaching new highs as the price of the second-biggest cryptocurrency surges so let’s take a closer look at today’s latest Ethereum news. The large outflows of ETH from exchanges are considered a sign that the traders are not looking to sell which could be quite bullish for ethereum. […]

After surging to new highs in November last year, VVS Finance (VVS) has tanked.…

The post VVS Finance (VVS) remains in a bear market – Can the DeFi token turn around? appeared first on Coin Journal.

The RFR Adoption Indicator hit new all time highs in February of 36.3%. Nearly 100% of the GBP, JPY and CHF markets are now traded vs RFRs. SOFR adoption has increased to 33.4% of overall USD Rates risk. The increase in RFR activity has happened in very active markets. February 2022 saw the most amount […]

As a matter of fact, Cardano is one of the tokens that have the strongest potential to reach new highs.

The post has appeared first on thenewscrypto.com

Everyone knows that the Non-fungible token space was one of the best performing crypto niches last year, a new report from Nonfungible, an NFT data company reveals the extent of the growth.

The post Report: NFT trades top $17 billion in 2021 appeared first on CryptoSlate.

Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that does not mean that investors believe that the digital asset is done for. In fact, Dogecoin whales themselves look to be the biggest believers of the meme coin given how much they have bought recently. These whales which hold the majority supply of the digital asset continue to add to their holdings at what can only be described as ‘discount prices.’ Related Reading | Bitcoin Jumps To $40k As Putin Sees “Positive Movement” In Negotiations IntoTheBlock documents cryptocurrencies and what percentages are held by larger wallets. Data from the site shows that Dogecoin whales have been ramping up their buying during the recent downtrend. Dogecoin which had recently crumbled to the $0.11 point saw a significant uptick in trading volume as these large wallets went on a shopping spree. DOGE trading at $0.115 | Source: DOGEUSD on TradingView.com Over a 24-hour time frame, these wallets had raised their holdings by another 6.8% putting the current percentage of Doge held by whales at 66%. It is a significant uptick given the low momentum that has rocked the altcoin of late. Doge has lost more than 60% of its all-time high value, presenting a buying opportunity for those interested. Still Making Money Even at what is categorized as low prices given how high the meme coin had rallied last year, the majority of Dogecoin holders are in no way losing money. IntoTheBlock shows that 54% of all Doge holders are still in profit at current prices. Inversely, 45% of all holders are in the loss territory, so not much of a wide gap from their money-making counterparts. While only 1% remain in the neutral territory. Related Reading | Bitcoin Falls Below $40,000 Trimming The Gains From US Crypto Order As for market sentiment, indicators point to investors being mostly bearish in the digital asset. However, this does not seem to deter the meme coin’s whales as they have added millions of dollars worth of coins to their holdings. This move on the part of whales could point to a recovery trend in the near future. However, with so many investors still bearish, it may require higher accumulation numbers than currently recorded to move the needle that much. Featured image from Laptop Mag, chart from TradingView.com

Ethereum’s gas fees reach 8-month low as the interest in DEFI and NFT is cooling down, reaching levels now seen since August 2021 as we can see in our Ethereum latest news. With the NFT and DEFI activity starting to cool down, Ethereum’s gas fees reach a new low and are hovering around 20-24 Gwei […]

A leading crypto analyst is updating his outlook on the altcoin markets while analyzing the current price levels for Bitcoin (BTC). In a new series of tweets, crypto trader Michaël van de Poppe tells his 575,000 followers that altcoins such as Chainlink (LINK) are maintaining higher time frame support against the US dollar (USD). “I must […]

The post Crypto Trader Updates Outlook on Altcoins, Says He’s Not Bullish on Bitcoin (BTC) at Current Levels – Here’s Why appeared first on The Daily Hodl.

Describing the complex world of bonds with two distinct voices to set the stage for explaining why bitcoin is critical portfolio insurance.