Droppers of btc

2024-04-10 18:30:52 Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market

TON Overtakes ADA, Shuffling the Rankings

Despite a crypto market surge, Cardano (ADA) finds itself slipping to the 10th position. While bitcoin and ethereum have soared, ADA's growth has been more subdued.

ADA vs. AVAX: The Battle for Market Cap

ADA may have slipped, but it still holds a lead over Avalanche (AVAX) in terms of market capitalization. ADA stands at over $22 billion, while AVAX trails at $18.27 billion.

ADA's Struggle to Reach Previous Heights

While BTC and many other cryptos are reaching new heights, ADA is still a staggering 80% below its peak of $3.09 per coin in September 2021.

Trading Insights: Bearish Indicators and Busy Binance

Stats show that ADA's market indicators are currently "bearish," with only 54% of holders seeing profit. Meanwhile, Binance remains the top platform for ADA transactions.

USDT Dominates, Korean Won Makes Its Mark

When it comes to trading partners, ADA sees significant activity with USDT, USD, KRW, BTC, EUR, and USDC. Notably, over 10% of all ADA exchanges happen in Korean won.

ADA's Defi Ranking and NFT Sales

In the world of decentralized finance (defi), ADA ranks 17th in terms of total value locked (TVL). And when it comes to NFT sales, ADA-centric NFTs secure the eighth spot among top blockchains.

The Future of ADA: A Bullish Turn?

ADA's recovery from its underperformance remains uncertain. But as with any cryptocurrency, unexpected turns are always on the horizon, making the future of ADA an intriguing one to watch. Open / Comment

2024-04-10 17:25:09 The moment is here! Scorpion Casino's pre-sale on Pinksale is LIVE NOW! They’re in the running to potentially break the Pinksale record, with the action unfolding until April 14th at midnight UTC.

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2024-04-07 19:50:52 NFT Sales Slide Continues: Crypto enthusiasts, brace yourselves for another week of declining NFT sales. Despite the crypto market's record-breaking trading volumes, the NFT space is experiencing a fourth consecutive week of decline.

Bitcoin and Ethereum Take a Hit: Even the mighty Bitcoin couldn't escape the downward trend, with $66.67 million in NFT sales but a 17.99% drop from the previous week. Ethereum followed suit with $63.98 million, down by 8.89%.

Uncategorized Ordinals and Bored Ape Yacht Club Shine: Amidst the gloom, some collections managed to stand out. The enigmatic Uncategorized Ordinals led the pack with a whopping $21.11 million in sales, while the beloved Bored Ape Yacht Club claimed second place at $6.68 million.

Noteworthy Sales: Last week's highest-priced NFT was a jaw-dropping BNB Lockdeal, fetching an impressive $651,963. Meanwhile, BAYC #591 found a new owner for a cool $301,563, and Bitcoin Shroom #173 sprouted up at $216,657.

The NFT market may be facing headwinds, but as history has shown us, this digital art revolution is full of surprises. Keep an eye on those collections and who knows what treasures await in the next auction! Open / Comment

2024-03-29 15:00:12 Crypto Community Outraged: Sam Bankman-Fried's 25-Year Sentence Sparks Controversy

In a courtroom showdown, Judge Kaplan delivered a resounding blow to SBF, dismissing defense arguments and slamming the gavel on his illicit activities. Losses in the billions were not taken lightly.

Market gains? Irrelevant, according to Kaplan. The judge drew a clear line, stating that even if a thief strikes gold in Vegas, it won't lessen their sentence. Crypto crimes are no game.

Victims' voices echoed through the courtroom, shattering any notion of minimal impact. The suffering was real, and Kaplan took note, highlighting the chasm between defense claims and harsh reality.

Manipulation tactics didn't go unnoticed either. Bankman-Fried's attempts at witness tampering and perjury only added fuel to the legal fire, further stacking the deck against him.

The sentence itself left many stunned. Comparisons to other high-profile cases like Chelsea Manning and Ross Ulbricht flooded social media, with some questioning if justice had truly been served.

While prosecutors celebrated the outcome as a victory for justice, critics argued that 25 years behind bars and an $11 billion restitution might not be enough to balance the scales.

In this high-stakes drama, the crypto community watches closely as one chapter closes and another begins – a stark reminder that financial crimes will not go unpunished. Open / Comment

2024-03-28 16:30:13 ATTENTION COSMIC PIONEERS! LAIKA IS OFFICIALLY BLASTING OFF!

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#LaunchLaika #ToTheMoon Open / Comment

2024-03-26 21:01:36 Philippines Takes a Stand: Binance Blocked for Investor Safety

The Philippine SEC has made a bold move, announcing the blocking of Binance in the country. Why? Well, it seems that this crypto giant was operating without a license, putting Filipino investors' funds at risk.

In a letter to the National Telecommunications Commission, SEC Chairperson Emilio B. Aquino didn't mince words. He stated that the public's access to Binance's platforms was a clear and present danger to their financial security.

It's not just about websites either. Binance's app is available for download on both Google Play and the Apple App Store, making it even more accessible to potential investors.

This isn't a sudden decision either. The SEC has been keeping an eye on Binance since November 2023, warning the public against getting involved with the platform.

The message is clear: when it comes to investor protection, the Philippines means business. Open / Comment

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2024-03-20 19:05:19 GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days

Grayscale's Outflows Continue: On March 18, 2024, Grayscale faced a massive withdrawal of $643 million, marking its largest outflow to date. The total volume for spot bitcoin ETFs reached $4.19 billion, with Blackrock leading the pack at $2.02 billion.

GBTC's Share: Out of the day's total volume, GBTC accounted for $1.06 billion. However, it also experienced a significant decrease in its bitcoin holdings, shedding 238,910.62 BTC valued at $15.4 billion since January 12.

A Weekend Dip: Just over the weekend, GBTC saw a reduction of 2,071.31 BTC in its assets. This downward trend aligns with Grayscale CEO Michael Sonnenshein's recent comments on the expected decline in management fees for GBTC.

Anticipating Outflows: Sonnenshein acknowledged that the outflows were not unexpected, citing various factors such as investors taking profits and unwinding positions related to bankruptcies.

Despite these challenges, Grayscale remains proactive by planning to introduce a smaller-scale version of GBTC pending regulatory approval. Open / Comment

2024-03-18 19:00:56 Top 3 Altcoins To Buy Likely To Turn $10 Into $1000 This Week

Read more Open / Comment

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