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AAVE may retest $100 if the shorter period Moving Average (MA) continues to outpace the longer term MA. PEPE may hold strongly to $0.000001 but it could soon be overbought. UNI’s potential to reach $6 remains very valid based on the AO and MACD. The trio of Aave (AAVE), Pepe (PEPE), and Uniswap (UNI) were part of the top cryptocurrencies bought on exchanges on November 9. This data was disclosed by hitesh.eth, a crypto research specialist on X (formerly Twitter). According to hitesh.eth, PEPE had a net flow of $4.74 million. AAVE has $3.2 million while UNI has $2.64 million. The CEX netflow measures the difference between exchange inflow and outflow.  A positive netflow means there is more accumulation than sell-offs while a negative value of the metric implies that tokens are being dumped than they are bought. In the case, of AAVE, PEPE, and UNI, the analyst noted that it was more of an accumulation. Top 5 Coins Investors bought on Exchanges Yes...

The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data. The Chinese government released a statement on Nov. 10 declaring that anyone stealing digital collections, such as nonfungible tokens (NFTs), will be subject to theft sentences.  It outlines three views on the type of crime that theft of digital collections falls under, the first two classifying it as either data or digital property. However, the statement stresses the third view which sees digital collections as both data and virtual property that would fall under the umbrella of “co-offending.” The statement explained that stealing a digital collection includes intrusion into the system on which it is housed, therefore also committing the crime of illegally obtaining computer information system data and theft . “The theft of digital collections violates the protection law and interests of the crime of illegally ob...

Addresses holding between 100,000 to 10 million MATIC have been accumulating. Should MATIC retrace to $0.78, buying momentum may send it above $0.90. Open Interest increased alongside the price action, indicating surging bullish momentum. Like other altcoins, the price of Polygon’s MATIC token has been soaring. According to CoinMarketCap, MATIC’s value was $.080 at press time. The increase in price represents a 21.15% hike in the last seven days. Besides its price action, the market cap of MATIC has also risen by 54% in the last three weeks, according to data shared by on-chain analytic platform Santiment.  Santiment, in its November 9 post on X, noted that addresses holding between 100,000 to 10 million MATIC tokens have been accumulating heavily in the last two weeks. The surge in accumulation by these whales means there was an increase in buying pressure for MATIC. Hence, it was almost inevitable for the price not to increase, combined with the widespr...

Grayscale’s Chainlink Trust (GLINK) is currently trading at a 223% premium, signaling institutional investors are particularly eager to get their hands on the digital asset investment product. The trust offers institutions a way to gain exposure to the native asset of decentralized oracle provider Chainlink (LINK) without directly investing in the crypto asset. GLINK is selling for $44.11 a share at time of writing, and each share offers exposure to around 0.93 LINK, an amount that is currently only worth $13.62. Grayscale’s product is up around 120% in the past month. The trust’s massive gains have materialized while LINK itself has outperformed the vast majority of the crypto market. The 12th-ranked digital asset by market cap is trading at $14.95 at time of writing and is up nearly 13% in the past 24 hours, more than 28% in the past week, and more than 105% in the past month. By comparison, the overall crypto market cap is up around 25% over ...

Like the real-life exhibition, Gucci’s new initiative with The Sandbox lets visitors explore the brand’s history. While the hype surrounding the metaverse seems to perish, the famous Italian luxury fashion brand Gucci is doubling down on its virtual reality strategy with a new initiative in collaboration with The Sandbox (SAND), a blockchain-based gaming platform. In a blog announcement on Nov. 8, 2023, The Sandbox said the new Gucci Cosmos Land immersive hub will allow its visitors to explore “decades of iconic designs, offering a captivating exploration of their origins.” “Set within a reimagined London exclusively for Gucci, this adventure is a tribute to the brand’s beginnings and an homage to its enduring creativity.” The Sandbox By exploring each section of the exhibition, visitors can learn a unique aspect of the Gucci story, from its principles since its founding in 1921 to its inspirations and creativity, The Sandbox said. Gucci’s...

Santiment revealed in an X post today that Tellor (TRB) almost reached its all-time high today. According to the post, key whale addresses have accumulated 15% of the token’s supply over the past 7 weeks. Following its strong performance, TRB was able to become the 110th biggest project in terms of market cap. Santiment, the blockchain intelligence platform, revealed in an X post today that Tellor (TRB) jumped as high as $131 today to almost reach its all-time high (ATH) which was recorded in May 2021. According to the post, TRB is up more than 1,000% in 3 months. Furthermore, key 1K-100K TRB wallets have accumulated 15% of the supply in 7 weeks, noted Santiment. #Tellor continues to be a force in #crypto, jumping as high as $131 today and nearing its May, 2021 #AllTimeHigh. The asset is +1,025% in 3 months, now 112th in market cap rank, and key 1K-100K $TRB wallets have accumulated 15% of the supply in 7 weeks. https://t.co/ZZLpZC2LE1 pic.twitter.com/FvEGd...

Although many assets in the cryptocurrency market have started to slow down their previous gains, the downturn could represent a second chance for those investors who have been eyeing some of them but, for any reason, missed the opportunity to purchase at a low price , including XRP. Specifically, after XRP had a massive rally in the past few weeks, followed by it briefly touching the $0.93 level in July, then rolling back down to $0.45 and back up again, the asset is now looking at a possible correction to $0.54, as observed by crypto analyst Michaël van de Poppe on November 7. Another chance to buy Having said that, according to the expert crypto trader, if this does, indeed, occur, it would not necessarily be a bad thing for the asset in the long run but simply represent “another time to be a buyer” of the fifth-largest cryptocurrency by market capitalization for those who failed to purchase it at a lower price . XRP price action analysis. Source: Michaël van de Poppe As van ...

Custodia Bank founder and Bitcoin advocate Caitlin Long took to the X platform on Nov. 7 to announce the launch of its Bitcoin custody platform . According to the announce ment, the custody service is said to be designed for businesses such as fiduciaries, investment advisers, fund managers and corporate treasurers. In-house development As a non-lending bank, Custodia is introducing an integrated solution that combines Bitcoin custody and U.S. dollar services, although not FDIC-insured, within a single platform.  1/ BIG NEWS!! Custodia’s #Bitcoin custody platform recently went live. Custodia is a *BANK* built by Bitcoiners & we offer segregated (not omnibus) custody accounts on our custom-built Bitcoin custody platform. Our whitepaper describes how we're different: https://t.co/O6lgaWdSxK — Custodia Bank (@custodiabank) November 7, 2023 The approach is said to streamline user operations and minimize associated risks. It has already received regulatory ap...

In a surprising turn, Rain Lõhmus, the founder of Estonia-based LHV Bank, has been unveiled as owning an Ethereum wallet containing a staggering $470 million worth of Ethereum (ETH). However, a significant twist to this tale is that Lõhmus has lost access to his cryptocurrency fortune due to misplaced private keys. This predicament has left him searching for a solution, even willing to collaborate with others and share the recovered funds. The $470 Million Ethereum Conundrum In February 2023, Conor Grogan, a director at Coinbase, drew attention to an Ethereum wallet that had remained dormant since the cryptocurrency’s initial coin offering (ICO) in 2014. This wallet had silently accumulated a colossal $470 million worth of ETH over the years despite never being used for any transactions. One mystery solved: This address (which now holds $450M of crypto) belongs to Rain Lohmus, founder of LHV Bank Unfortunately he lost his keys and can't access these 100s...

Following the hype around the asset, recent data has shown that Bitcoin addresses with more than $1,000 worth of BTC have reached an all-time high of 8 million. Indeed, Glassnode reported a record high of Bitcoin addresses that hold around 0.028 BTC at its currency price of $35,115. Additionally, Blockware predicts that the figure could continue to grow shortly. Specifically, as Bitcoin continues to grow, there is a bullish sentiment permeating around predictions. Moreover, many predict the arrival of a Spot Bitcoin ETF in the coming months. Source: Bitcoinist Also Read: MicroStrategy Buys 155 More Bitcoin in October Bitcoin $1,000 Wallets Hits Record With Room to Grow Bitcoin has long been the most prominent cryptocurrency within the industry, but even this year feels like a step forward. Amid talk of asset management firms like BlackRock and Fidelity seeking Spot Bitcoin ETFs, the asset has renewed excitement surrounding its price. Subsequently, that excitement has equat...

Bullish Big Time (BIGTIME) price prediction ranges from $0.19 to $0.25. Analysis suggests that the Big Time price might reach above $0.255. The Big Time bearish market price prediction for 2023 is $0.090. What is Big Time (BIGTIME)? Big Time is a free-to-play action-adventure massive multiplayer online role-playing game (MMORPG) powered by “Openloot,” a provider of decentralized solutions for web3 games, offering marketplaces, NFT management platforms, and support services. The blockchain-based game offers players a chance to earn NFT rewards and BIGTIME tokens as they embark on their virtual adventures. Big Time’s captivating storyline revolves around a world on the brink of extinction, with various factions and dark forces battling in a space-time-altered reality. On October 10, Big Time launched its “pre-season,” where it immediately enjoyed great success among its community — thanks to the possibility of earning crypto coins within the game. A...

Saudi Arabia’s induction into the BRICS alliance threatens the US dollar’s prospects as the de-facto currency for oil payments. Mohammed Al-Jadaan, Saudi Arabia’s Finance Minister announced a week before the 15th BRICS summit in August that the Kingdom was considering dropping the US dollar for international oil trade. The statement ruffled a lot of feathers in the US and the Western world but was welcomed by developing countries. Also Read: BRICS: Argentina Ditches US Dollar For IMF Payment, Pays Chinese Yuan Oil is Saudi Arabia ’s primary and most valuable natural resource. The Kingdom exports millions of barrels of Oil every year to both developing and developed countries in the West. Al-Jadaan’s comments indicate that Saudi Arabia might someday accept all local currencies for Oil payments and not the US dollar. The move comes straight from the BRICS playbook as the alliance is looking to bring the US dollar down by controlling the Oil se...