The crypto market as a whole was higher this morning, with the majority of…

The post Highlights March 2: Cryptos in the green, tech firms stage Russia boycott appeared first on Coin Journal.

The war in Ukraine has become a turning point in the world order in…

The post Cryptocurrencies rise against backdrop of sanctions appeared first on Coin Journal.

A dark week looms for macro markets while the weekend succeeds in providing some respite for crypto traders.

A massive whale is turning heads after relocating nearly half a billion dollars worth of Bitcoin (BTC) in a single transaction. Whale-tracking bot Whale Alert initially detected the huge BTC transaction involving a deep-pocketed crypto investor who relocated 11,000 BTC, worth $489.97 million at the time, between two unknown wallets. 🚨 🚨 🚨 🚨 🚨 […]

The post Bitcoin Whale Suddenly Moves Over $489,000,000 in BTC – Here’s Where the Crypto Is Going appeared first on The Daily Hodl.

The Solana price has been on an upswing ever since the bloodbath that followed DeFi’s largest hack of 2022. The Wormhole network stated that stolen money had been restored, giving Solana price some much-needed relief. Related Reading | Solana price recovers from downtrend after $325 million restored on Wormhole network After hours of being lost to what some call the largest DeFi hack, the crypto was restored. Jump Crypto’s currency-focused arm worked in tandem with other Quant trading firms, and together, they were able to restore all funds that hackers had stolen from investors last week. Jump Crypto stated; “we believes in a multichain future and that Wormhole is essential infrastructure. That’s why we replaced 120k ETH to make community members whole and support Wormhole now as it continues to develop.” The firm’s decision to replace 120,000 Ether in support of community members on the Wormhole network revealed that hackers failed to refabricate stolen cryptocurrencies. Yesterday’s exploit compromised $325 million worth of Ether, and the Wormhole network offered a 10-million dollar bounty for information on who did it. Unfortunately, the hacker still has access to these funds, meaning they have rejected the offer. Related Reading | Wormhole Token Bridge Lost $321M In Crypto Heist Solana Price Recovery From Bloodbath The price of Solana dropped nearly 10% after news broke about the Wormhole exploit. The largest DeFi hack on Solana acted as a negative factor for this altcoin, heavily influenced by lousy publicity.  A cryptocurrency analyst and trader widely followed for his accurate price predictions by investors of all sizes across the board, Johny noticed that Solana might be ready to make its next move up. Further, he noted an upward pattern developing within range lows before Ethereum killer could start its leg straight back down again. “$SOL beautiful retest of range lows. Flip range highs and next leg upstarts. Haven’t seen this much strength from Solana in what feels like forever.” Bitcoin’s fall to the $36,250 level triggered a dip for major altcoins. While most coins were red on Thursday, Solana also dipped nearly 10%. The larger market experienced a dip as well due to bitcoin’s movements. What a difference a day makes! Solana dipped more than most of its counterparts in the top ten cryptocurrencies by market cap, but it charted an equally good recovery at press time. After an attack on Wormhole, SOL dipped to as low as $94 on February 3. However, the price saw some recovery and even managed a decent pump before long. The price of Solana is rising once again. As I’m writing these words, the currency had traded at $108 and presented 11.7% daily and 18.75% weekly gains. With trade volumes still maintaining low, some say that the spot markets are still too uncertain about investing in, but a decent price push could change investors’ mood for good. Featured image from Pixabay, chart from TradingView.com  

The crypto market was seen higher over the past 24 hours, as all top…

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Mike McGlone says Bitcoin and Ethereum prices could rally higher given their respective supply-demand…

The post Demand-supply dynamics will send Bitcoin and Ethereum prices higher: Bloomberg analyst appeared first on Coin Journal.

On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down […]

Memecoin markets added 5% in the past 24 hours according to the latest analysis that we have in today’s altcoin latest news. Dogecoin had a good week jumping more than 20% in the past week and 14 other meme coins surpassed DOGE’s weekly jump as a few other tokens saw triple-digit spikes in the past […]

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. […]