GG
Amber Group Deposits $1.35M Worth Of $ID Tokens On Binance: Profit-Taking Or Loss-Cutting?
Amber Group recently deposited 2.6 million $ID tokens, equivalent to $1.35 million, onto Binance. This move has raised questions about whether the fund is taking profits or cutting losses. The timing of this deposit is intriguing, as it comes after a 20% increase in the price of $ID over the past two days. This uptick in value might suggest a strategic profit-taking maneuver by Amber Group. However, a deeper analysis of their recent trading history indicates that the situation might be more complex. Four months ago, Amber Group withdrew 4 million $ID tokens, worth approximately $4.76 million at the time....
XRP Breaks Multi-Year Resistance – Main Target Remains $2
XRP has broken through a key resistance level, reaching price points not seen since its multi-year highs set in 2021. The cryptocurrency has been on an aggressive upward trajectory for over three weeks, signaling strong bullish momentum in the market. Investors and analysts alike are closely monitoring XRP’s price action, as it shows no signs of slowing down. Renowned crypto analyst Ali Martinez recently shared a compelling technical analysis, suggesting that XRP is poised to reach the $2 mark in the near future. His analysis highlights XRP’s robust breakout above critical resistance levels, supported by strong trading volume and positive...
US Spot Bitcoin ETFs Flip Nakamoto To Become Largest BTC Holder, Here’s How Much They’ve Bought
US Spot Bitcoin ETFs have significantly transformed both Bitcoin and the broader crypto industry. These ETFs have seen their value and holdings grow massively since their launch in January 2024, breaking multiple ETF records in traditional finance. As it stands, US Spot Bitcoin ETFs have now surpassed BTC’s elusive creator, Satoshi Nakamoto, as the largest holder of Bitcoin. A Historic Milestone For Bitcoin ETFs US Spot Bitcoin ETFs have reached a remarkable milestone, becoming the single largest holder of the top coin. Currently, the 12 US Spot Bitcoin ETF providers collectively hold 1,104,534 BTC, which is around 5.62% of the...