A new development tracked by the Whale Position Sentiment indicator shows that whales are continuing to influence Bitcoin’s price movements. This indicator monitors leveraged positions held by large-scale investors across various exchanges. A decline typically points to increasing short positions, while a rise suggests more long positions. Given the close connection between whale activity and … Continue reading "Whale Activity Signals Potential Bitcoin Price Shift" The post Whale Activity Signals Potential Bitcoin Price Shift appeared first on Cryptoknowmics-Crypto News and Media Platform .
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XRP News: SEC Could Win in Potential Ripple Appeal; Pro-XRP Lawyer Explains Why
The post XRP News: SEC Could Win in Potential Ripple Appeal; Pro-XRP Lawyer Explains Why appeared first on Coinpedia Fintech News The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has generated significant attention in the cryptocurrency world. Recently, there has been speculation about whether the SEC will appeal a pivotal ruling from July 2023, which stated that secondary sales of Ripple’s XRP token do not qualify as securities. Background … Cryptoknowmics
ParaFi Capital Moves $13.84M in ETH to Coinbase Prime Following EigenLayer Withdrawal
ParaFi Capital Moves $13.84M in ETH to Coinbase Prime Following EigenLayer Withdrawal ParaFi Capital, a prominent crypto investment firm, recently moved 5,134 ETH (approximately $13.84 million) to Coinbase Prime, according to an on-chain report by @EmberCN on X (formerly Twitter). The ETH transfer occurred roughly five hours ago and represents assets that ParaFi had initially Cryptoknowmics