Category: Activity
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Cash flow crisis drags down private sector activity
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Kenya’s private sector activity deteriorated marginally in September due to persistent cash flow challenges affecting production and demand for goods and services, results of a monthly survey showed on Thursday. The Kenya Stanbic Purchasing Managers’ Index (PMI), which measures the performance of key private sector indicators such as production, new…
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Bitcoin Whale Activity Hints At Upside: Big Players Bought 50,000 BTC In Just 10 Days
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Bitcoin recently faced a 10% correction since last Friday, but is now settling above a crucial support level that could pave the way for a price rally. Analysts and investors are eagerly watching the market, hoping that BTC will regain momentum. With the potential for increased demand on the horizon,…
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World’s top miners set for hit from sharp slump in industrial activity, Deutsche Bank says
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Dazman/E+ via Getty Images The largest global mining companies are: Expected to suffer from lower metal prices Analysts at Deutsche Bank said this week that the decline in crude oil prices has slowed demand for copper, nickel and iron ore due to a sharp slowdown in industrial activity in China,…
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Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity
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The risks of money laundering and other related crimes have prompted Singaporean authorities to ban the use of cryptocurrencies for gambling. Singapore Parliament The US Senate has passed amendments to the Casino Control Act, which aim to strengthen the effectiveness of the country’s casino regulatory system and its safeguards for…
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Litecoin Sees Massive Surge In Whale Activity: Price Surge Incoming?
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Litecoin may be off the radar for many retail crypto traders, but on-chain data suggests that Otherwise for crypto whalesInsights from Santiment, a highly regarded on-chain analytics platform, indicate a significant increase in whale activity on the Litecoin blockchain since the last week of August. While a surge in whale…
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Quant, Cardano prices spike; wallet activity hot: Santiment
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Cardano and Quant prices rose on Sunday, September 8, as the recent crypto selloff eased slightly. Quant (QNT) rose for the second day in a row, reaching a high of $70, its highest level since August 26. It is up more than 23% from its low point last week but…
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Quant, Cardano prices spike; wallet activity hot: Santiment
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Cardano and Quant prices rose on Sunday, September 8, as the recent crypto selloff eased slightly. Quant (QNT) rose for the second day in a row, reaching a high of $70, its highest level since August 26. It is up more than 23% from its low point last week but…
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Litecoin sees higher whale activity: Santiment
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The peer-to-peer cryptocurrency Litecoin remained in a consolidation phase as open interest in the futures market remained muted and whale activity picked up. Increased LTC whale activity Litecoin (LTC), created by former Google engineer Charlie Lee, is trading at $64, a price it has held for the past two weeks.…
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Litecoin sees higher whale activity: Santiment
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The peer-to-peer cryptocurrency Litecoin remained in a consolidation phase as open interest in the futures market remained muted and whale activity picked up. Increased LTC whale activity Litecoin (LTC), created by former Google engineer Charlie Lee, is trading at $64, a price it has held for the past two weeks.…
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Bitcoin, XRP See Declining Whale Activity: What It Means
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This article is also available in Spanish. On-chain data shows that Bitcoin, XRP, and other leading cryptocurrencies have seen significantly less whale activity recently compared to earlier in the year. Bitcoin and XRP are among the assets seeing a decline in whale transactions In new mail In X, on-chain analytics…
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Bitcoin, XRP See Declining Whale Activity: What It Means
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This article is also available in Spanish. On-chain data shows that Bitcoin, XRP, and other leading cryptocurrencies have seen significantly less whale activity recently compared to earlier in the year. Bitcoin and XRP are among the assets seeing a decline in whale transactions In new mail In X, on-chain analytics…
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Polygon on-chain activity spikes despite MATIC price dip
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Polygon has seen a significant increase in on-chain activity despite the bearish reversal in cryptocurrencies that has seen MATIC decline. While the price of Polygon (MATIC) may continue to struggle amid the weakness currently surrounding Bitcoin (BTC) and the broader crypto market, analysts say the surge in on-chain activity points…
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M&A activity remains subdued in Q2 2024, keeping lid on investment bank fees (NYSE:MS)
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Frank Reporter Global mergers and acquisitions activity remained weak in the second quarter of 2024, S&P Global Market Intelligence said in a recent report. This comes as the Federal Reserve has kept interest rates high in its bid to reduce inflation, making financing deals more expensive. The number of announced…
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Aave price rallies 12% amid surging whale activity
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Aave price has seen a surge of over 12% amid increased whale activity and a broader rally in the global cryptocurrency market. At the time of writing, Aave (AAVE) is the 47th largest cryptocurrency by volume, with a market cap of over $1.89 trillion as its price surged 12.4% on…
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NFT buyer activity surges over 173%, sales plummet
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Over the past week, the NFT market has generally been a mixed bag. NFT sales volume decreased by 11.92%, totaling $81.8 million, while the number of NFT buyers increased by 173.25% to 327,594. Let’s take a look at some of the key metrics that have characterized the NFT market over…
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NFT buyer activity surges over 173%, sales plummet
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Over the past week, the NFT market has generally been a mixed bag. NFT sales volume decreased by 11.92%, totaling $81.8 million, while the number of NFT buyers increased by 173.25% to 327,594. Let’s take a look at some of the key metrics that have characterized the NFT market over…
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On-Chain Activity Surges in July, Stats Show
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The ongoing decline in the cryptocurrency market as a whole began in July with the global cryptocurrency market cap initially falling to $2.5 trillion from $2.7 trillion earlier in May. However, despite this July decline, Cardano (ADA), the ninth-largest cryptocurrency by market cap, appears to have defied the downward trend.…
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Kenya’s private sector activity in sharpest fall in 39 months on GenZ protests
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Kenya’s private sector activity fell by the most in more than three years in July as deadly social unrest disrupted businesses. Business conditions such as output, new orders and employment in July deteriorated at the fastest rate from June since April 2021 when the world was grappling with the shocks…