Crypto Millionaire Whales Target These Assets: Are The Coins Ready To Soar?

A significant uptick in whale activity has been observed, particularly influencing the performance of several altcoins. What Happened: A recent analysis by Santiment suggested these large-scale investors are actively participating in networks with transfers exceeding $10 million, leading to increased volatility.

Timeline of Aave, Bitcoin-cash, Conflux-network, Compound, Immutable-x, Stacks, Xinfin, Yield-guild-games

Litecoin was down by as much as 5% during Friday's session, as markets reacted to the nonfarm payrolls report from the United States. 187,000 jobs were added to the economy in August, compared to the revised sum of 157,000 in July. Bitcoin cash also slipped, extending recent losses.

Recently, Bitcoin Cash (BCH) and other major altcoins are marking an upward trajectory in their exchange values, thanks to a recent announcement indicating a favorable decision by the US federal appeals court.

Since Tradeteq's tokenized US Treasury offering debuted on Tuesday's layer 1 blockchain XDC Network, positive momentum has been dominant. As a result, the XDC price increased from an intra-day low of $0.05929 in the previous 24 hours to a 7-day high of $0.06659 before encountering resistance.

Bitcoin cash (BCH) was one of Wednesday's biggest gainers, as markets remained jubilant following the Grayscale court ruling. Following a recent streak of consolidation, the global crypto market cap rose by as much as 4% on the news. toncoin (TON) also surged, climbing nearly 16% higher.

Bitcoin Cash (BCH) has reclaimed the $200 territory as the bulls look to reclaim losses from the altcoin market slump in mid-August. A vital on-chain indicator suggests that the BCH price rally is still some way off peak momentum.

Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court. The court's decision suggests that the US Securities and Exchange Commission (SEC) erred in its rejection of Grayscale's application for a spot bitcoin exchange-traded fund (ETF).

Bitcoin price jumped by more than 5% on Tuesday after Grayscale won a major lawsuit against the Securities and Exchange Commission (SEC). The coin rose by more than 5%, triggering a major rebound in the altcoins market.

The XDC Network (XDC) token price is skyrocketing after a slight dip between August 24 and August 28. Today's XDC price surge is attributed to the launch of a tokenized US Treasury offering on XDC Network today.

Cryptocurrencies are more than just price action, market capitalization, and tokenomics. Such innovative technology, moving a trillion-dollar market, is actually meant to be used by people, in order to solve real-world problems.

This week, a 1,500% spike in large transactions has sent the BCH price into the recovery zone according to the daily RSI signal. Can larger investors drive the BCH price toward reclaiming $250 in the coming weeks?