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XRP Surges Over 14%, Surpassing ETH’s FDV as Ripple Anticipates Bright Future

In a remarkable turn of events, XRP has experienced a significant surge, rising by over 14% in the past 24 hours to hit a price of $2.55. This upward movement has driven XRP's Fully Diluted Valuation (FDV) to a staggering $254.87 billion, pushing it ahead of Ethereum's FDV of $244.24 billion, making it the cryptocurrency with the second-highest FDV, just behind Bitcoin. This surge comes on the heels of important developments surrounding Ripple, the company behind XRP, and its ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). https://twitter.com/WuBlockchain/status/1902365046321361111?t=L0OeVm8YZZGv8nlq4yXZgQ&s=19 The network has been much busier and surged right along with the price. And now we have major players, some of whom haven't touched XRP in years, suddenly throwing tens of millions into the asset. This is certainly sending the message that XRP, as a whole, is moving right […]

Will Izuchukwu March 20, 2025

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BNX Price Soars 57.41%, Marking a Strong Surge as Market Confidence Grows Amid Contract Liquidation

The cryptocurrency market saw an incredible 57.41% jump in the price of $BNX in merely a day, taking its worth to $1.78 per coin. This has pushed its market cap in the general direction of $679.69 million, whereas in trading, $BNX has seen an outrageous uptick of 154.01% in volume. All of these developments should catch the eye of not just the average crypto investor, but also institutional types, as they are more likely to be drawn into the space when a single token sees such a sharp increase. Binance to Liquidate $BNX/USDT Contract, Shorts Surrendering in Large Numbers The bullish momentum around $BNX has been further amped up by a big update from Binance. The exchange has now announced that it will automatically liquidate the $BNX/USDT contract trading pair at 5 pm today. That is expected to have a […]

Will Izuchukwu March 20, 2025

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$SHELL Sees Massive Withdrawals and Token Hoarding, Sparks Speculation Around Potential Market Moves

The price and market activity of $SHELL have been attracting a lot of attention lately—especially today, in the past few hours. Within the past five hours, we have seen a new address connected to the hoarding of $SHELL tokens add an additional 2.89 million tokens worth about $880,000. This is really raising eyebrows across the crypto community. And for a good reason. This is happening at a time when the token has been showing a lot of volatility: large-scale withdrawals coupled with some pretty serious pump action. Massive Withdrawals and Hoarding of $SHELL Tokens The most recent data shows that a total of $15.04 million worth of $SHELL tokens has been taken off the Binance exchange since March 13. That's 15.04 million tokens—the equivalent of around $4.37 million—that have been moved from exchange custody to some other type of custody. […]

Will Izuchukwu March 19, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (March 20) – XRP Remains Above $2 But is Likely to Lose Grip Soon

XRP survived last week’s bearish heat and finally managed to hold above a critical support level when they struck the market with another heavy supply. Facing a rejection, it now trades calmly after a bounce.  Last week's trading started painfully as several altcoins posted double-digit losses due to a severe decline. During that period, XRP was on the verge of breaking below $2, which has been a critical support level for months. Surprisingly, the price bounced back and increased to where it currently trades at $2.3 after a slight rejection. This led to a suspense in the drop and the price is now looking strong on the day. Following the recent price bounce, which looks more like a retracement movement, XRP will likely resume bearishness anytime soon. It seemed to be gathering momentum for a big crash on the daily […]

Michael Fasogbon March 19, 2025

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Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (March 20) – BTC Selling Remains Intact as it Consolidates For The Next Drawdown

The past few days have been a relief in the crypto space as Bitcoin bounced off a new multi-month low with a 59% market dominance. This brought slight gains but is now consolidating for the next major move. This year has been very rough for Bitcoin following a consistent weekly drop since it lost grip above the historic $109k level last December. Aside from the huge loss, this drop has generated a lot of controversy among traders and investors, and at the same time raised concern about whether the price will bounce back or not due to the fear, uncertainty and doubt – FUD surrounding the space lately. But still, the bulls remain hopeful of a positive move once it finds a solid ground level. However, the primary crypto has taken a little break in selling over the past week […]

Michael Fasogbon March 19, 2025

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News

Whale’s Strategic Moves in the Market Cause Major Shifts, Leaving Hyperliquidity Provider With Losses

A handler that has large amounts of resources concentrated in an account has been doing some trading, and it's stirred up some activity in the crypto market. This account has opened a long position on Ethereum with 50 times leverage, meaning that for every 1 Ethereum it times by 50, which is causing some ripples across the crypto market. For this handler had a good day and walked away from the whole shebang with some profits; they turned around and made the same trading move on USD Coin but haven't quite finished that story. Because of this handler's moves, Hyperliquidity Provider—an account that not only provides liquidity to the market but also handles a fair amount of arbitrage trades—has taken some noticeable losses. Whale’s Bold Positioning with $ETH Leverage and Market Impact Today, the whale initiated by establishing a large […]

Will Izuchukwu March 16, 2025

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News

Twitter Account Hack Leads to Fake News and Costly Losses in the Crypto Market

In a dramatic turn of events, the popular crypto influencer @tier10k found their Twitter account hacked. The hacker took advantage of this influencer's significant following in order to announce a series of unfounded claims that sent the cryptocurrency market into a tizzy. Most of the falsehoods being propagated via @tier10k's account concerned the $TRUMP token, a cryptocurrency backed by the Donald Trump swaps and the entire Trump family. The truth of those claims was already sufficiently in doubt that the token's price, which just a few hours earlier had been hovering around 1 cent, was by then falling back down to about the same position it had traded in before this whole fiasco began. The Fake News and Its Immediate Impact on $TRUMP The chaos started when the hacked @tier10k account spread false information saying that $TRUMP, a not-so-well-known cryptocurrency, […]

Will Izuchukwu March 16, 2025

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News

Mysterious Whale Activity Sparks Curiosity in Crypto Markets

An unexpected and somewhat puzzling development has occurred in the cryptocurrency arena, thanks to the actions of a newly installed whale. This appears to be a fairly straightforward purchase: 1.908 million USDC changed hands to acquire a whopping 282.446 billion PEPE at an average price of about $0.000006754 per token. What makes the purchase noteworthy is the particular means by which the whale obtained the stablecoins that fueled the acquisition. https://twitter.com/EyeOnChain/status/1900017941032386618 The Unusual Source of Funds What isn't raising eyebrows is just the transaction's huge size; rather, what is raising eyebrows is the stash of stablecoins, which are MIA. The whale isn't receiving USDC through conventional means. The whale was just reported to be acquiring funds from a null address using a gimmick known as the "Receive Message" method. This move, particularly pulling USDC from a null address (which usually […]

Will Izuchukwu March 16, 2025

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Market Analysis

MAKER PRICE ANALYSIS & PREDICTION (March 17) – MKR Signals a Fresh Increase Above $1k, Potential Shift Ahead 

Following several ups and downs in the past month, MKR found support this week and is now showing signs of strength due to a 7% increase in the last 24 hours. It signals a shift but is unclear at the moment. Last month saw MKR through a notable increase after dropping straight for three months, although the increase was quickly short-lived under $1.8k and the crypto lost grip. After two weeks of bearishness, it stayed well above $1k this week and traded calmly after multiple rejections. Holding this psychological level as support, it has shown strength today due to rising demand but still needs to close above well $1.2k to validate a bullish move. If that happens, we can expect a major rally in the next few days. A rally above the previous monthly high should trigger a shift. In […]

Michael Fasogbon March 16, 2025

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News

Crypto Whale Moves $13.7 Million UNI to Kraken After Months of Accumulation

In the cryptocurrency trading universe, not much happens without the say-so of whaling institutional investors. These big players hold massive amounts of certain tokens and can move the markets with just a few keystrokes. Hello, Kraken! Recently, one of these 'whales'—famous in the crypto hoarding scene, Schnibbles the Whale, last known to be hoarding large amounts of the two prominent tokens, UNI and AAVE—made a major move. Schnibbles transferred massive amounts of the Uniswap (UNI) token to the crypto exchange, Kraken. If your first reaction is to suggest that Schnibbles might be preparing for a market downturn, don't. The Whale's Massive UNI Holding: From Profit to Loss As of 2023, this whale has obtained a remarkable 2.248 million pieces of the UNI token, which at the current market price is equivalent to about $13.71 million. The average price the whale […]

Will Izuchukwu March 14, 2025

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