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Litecoin price risks 20% drop as LTC whale activity spikes to monthly highs

The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021. Litecoin selloff ahead? On-chain analytics platform Santiment detected a total of 3,458 LTC transactions worth over $100,000 on April 5, calling it “an indicator of mid-term price direction

Attract the mainstream, focus on Web3 and use cases

Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT” was selected as Collins Dictionary’s word of the

Blockchain.com launches asset management for institutional investors

Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers. According to Bloomberg, the service is known as BCAM and will serve institutions, family offices and high-net-worth individuals. BCAM was founded in collaboration with Altis Partners, a futures portfolio manager that also manages investment portfolios using blockchain

FTX.US Chief Brett Harrison Makes Five-Year Predictions for Ethereum (ETH), Solana (SOL) and Avalanche (AVAX)

Crypto exchange FTX.US president Brett Harrison is predicting that many of today’s blockchains will be discarded by the market in the future. In a new interview with the Thinking Crypto YouTube channel, Harrison says he expects significant consolidation now that the space has ballooned to hundreds of unique blockchains. Here’s a couple off-the-cuff predictions that

Female investors led crypto market growth in 2021, says new report

The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the Australian cryptocurrency exchange, the crypto market’s growth in 2021 was driven by utility. The BTCM Investor Study Report 2021 is an in-depth analysis of data from the BTCM exchange

3 reasons why Ethereum price can hit $4K in April

Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike  Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect

Large-Cap Altcoin Replacing Bitcoin (BTC) As Driver of Crypto Market Trend, According to Glassnode Co-Founder

Market intelligence firm Glassnode says leading digital asset Bitcoin (BTC) has been usurped as the best indicator of the crypto industry’s momentum. In a new analysis, Glassnode co-founders Jan Happel and Yann Allemann note that leading smart contract platform Ethereum (ETH) appears to be the crypto market’s new benchmark. “Looking back to the time since

Crypto Hedge Fund CEO Su Zhu Predicts Global Adoption of Digital Assets Following Ukraine War

Crypto hedge fund veteran Su Zhu thinks widespread adoption of cryptocurrencies is inevitable as macro events accelerate use-case scenarios for blockchain technologies. In a new episode of the Uncommon Core podcast, the CEO and CIO of cryptocurrency hedge fund Three Arrows Capital says that one consequence of the US-led sanctions against Russia for invading Ukraine