Crypto market calm in South Korea: Transaction volume dropped 75%

Transaction volume on South Korea’s leading cryptocurrency exchange Upbit has fallen by a staggering 75% from its 2024 high. This significant decline may indicate a potential cooling period for alternative cryptocurrencies (altcoins) in the region. Data Clearly Shows According to CoinGecko, Upbit’s 24-hour trading volume is currently at $3.79 billion. This number is well off the $15 billion peak…

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Whales Unload $SHIB Worth Millions During Price Surge, According to Report

The recent surge in the price of Shiba Inu ($SHIB) has triggered a closer examination of the strategic moves made by key players in the cryptocurrency market. Smart trader 0x37d demonstrated sharp market foresight by withdrawing 75.91 billion $SHIB from Binance two days before the price surge, resulting in a 69% profit of around $614,000. This well-timed withdrawal showcased the trader's keen understanding of market dynamics.

Founder of MakerDAO, Rune Christensen, entered the $SHIB market with a strategic investment of 100,000 $USDC, acquiring 7.41 billion $SHIB just 13 hours before the price hike. The move led to a 47.1% gain, contributing to increased investor confidence in $SHIB. Christensen's high-profile purchase highlighted the influence of key figures in the cryptocurrency world.

In addition to individual moves, a wallet linked to Upbit, known as 0x02e, accumulated an impressive 2.13 trillion $SHIB in the past 24 hours, becoming the 7th largest $SHIB holder with a total of 12.45 trillion $SHIB valued at $247 million. This accumulation underscored the growing interest in $SHIB among major market players.

Despite strategic moves driving the surge, a whale seized the opportunity to realize profits by depositing 365.36 billion $SHIB, worth $5.76 million, into Binance over the past 11 hours for selling. These profit-taking transactions across five addresses reflected significant activity in response to the price surge.

Technical indicators aligned with the $SHIB price rally, with the 1-Day Relative Strength Index (RSI) peaking at 96.31, indicating potential overbought conditions. The 1-Day Know Sure Thing (KST) and Moving Average Convergence Divergence (MACD) readings signaled strong buying pressure and a bullish trend, respectively. The strategic moves by key players have played a crucial role in propelling $SHIB to a notable surge, capturing the attention of traders and investors in the cryptocurrency market.

Upbit Stops Fake APT Token Influx, Restores Services

Upbit, a South Korean cryptocurrency exchange, has reinstated Aptos APT deposits and withdrawals following the resolution of an incident in which a counterfeit APT token was mistakenly identified as a genuine item. After detecting an “abnormal deposit attempt,” Upbit unexpectedly discontinued Aptos token services on September 24, sparking an assessment of the wallet system.

The issue appears to have been caused by a freshly minted bogus APT token called “ClaimAPTGift.com,” which had made its way into 400,000 Aptos wallets after its formation on September 21. The bogus token was most likely part of a common token airdrop scam, in which consumers are airdropped tokens with links that direct naïve users to phishing websites. However, due to Upbit’s stated failure to adequately verify the source code of the scam tokens, the exchange recognized the phony tokens as genuine Aptos tokens. According to X user Definalist, several Korean users reported receiving APT without sending any themselves.

Upbit's Battle Against Counterfeit APT Tokens: Services Restored After Security Scare

Following the infiltration of a newly minted counterfeit APT token called “ClaimAPTGift.com” into 400,000 Aptos wallets, crypto exchange Upbit inadvertently mistook it for the genuine APT token. South Korean cryptocurrency exchange Upbit has reinstated Aptos APT deposits and withdrawals after resolving an issue that involved the misidentification of a fraudulent APT token as authentic. On…

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NFT Topic

🎉 Great news 🎉 Auction using NFTs is a success! 💰 Michael Winkelman's NFT artwork 'The Creator' sold for a record price of $1.88 million! 🚀 The artwork is unique on the Ethereum blockchain and the buyer retains ownership of the artwork. 🎨

These auctions are further diversifying the digital asset market and generating interest from around the world. 🔥 Exchanges like Upbit have also announced plans to launch NFT exchanges. The NBA has also started issuing digital cards using NFTs. 🏀

Are you interested in owning unique digital art? 🖼️ Follow the trend and start collecting NFTs! 💻

As the cryptocurrency space grows, the number of crypto owners also rises—making some earn up to millions and billions of dollars annually.

Crypto market calm in South Korea: Transaction volume dropped 75%

Transaction volume on South Korea’s leading cryptocurrency exchange Upbit has fallen by a staggering 75% from its 2024 high. This significant decline may indicate a potential cooling period for alternative cryptocurrencies (altcoins) in the region. Data Clearly Shows According to CoinGecko, Upbit’s 24-hour trading volume is currently at $3.79 billion. This number is well off the $15 billion peak…

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2022년 11월 한국 가상화폐 거래소 사용자 순위

2022년 11월 한국 가상화폐 거래소 사용자 순위

가상화폐 사용자 순위 관심 가상화폐 사용자 수와 한국의 가상화폐 거래소 앱 사용자 순위에 관심이 모아지고 있습니다. 테라, 루나 코인 사태와 FTX 파산 등으로 가상화폐 업계는 한겨울을 맞았습니다. 가상화폐 시장이 주춤하면서 관련 앱 사용량도 크게 감소한 것으로 나타났습니다. 빅데이터 플랫폼 기업 아이지에이웍스의 <모바일 인덱스> 분석 결과, 2021년 대비 월간 앱 사용 시간은 70% 이상 감소했고, 신규 설치 기기 수는 69% 줄었습니다. 아이지에이웍스는 데이터 분석 솔루션 모바일 인덱스를 통해 <증권 투자, 가상화폐 시장 분석 리포트>를 발표했습니다. 분석 기간은 2021년 11월 1일부터 2022년 11월 22일까지입니다. 하루평균 4000만개의 모바일 기기의 20억건…

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Upbit Borsasından Terra Yatırımcısını İlgilendiren Yeni Planlar

Upbit Borsasından Terra Yatırımcısını İlgilendiren Yeni Planlar

Güney Kore’nin önde gelen kripto borsası Upbit, Terra (LUNA) krizi sırasında tahsil edilen yaklaşık 4,6 milyon dolarlık Terra Classic (LUNC) işlem ücretlerini kısa vadeli ve orta-uzun vadeli planlara ayırmayı planlıyor. Bu planlar arasında sanal bir varlık izleme merkezi inşa etmek, Terra (LUNA) krizi hakkında bir white paper yazmak ve Terra yatırımcılarının uğradığı zararları hafifletmek için…

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Shadow

My main impression from Ten's 1st EP is "easy to listen to". There are no memorable or artistic songs (like with Taeyong), but the tracks run smoothly as background music. It's upbit and sugary. A very commercially safe album meant to deliver positivity. Ten's voice is lacking in a lot of places, however, the busy instrumental supports him taking attention on itself.

"Nightwalker" is maybe the weakest song though, heh. Not the track itself, but Ten not being able to pull off the concept with his voice. There is nothing dangerous or haunting in the vibe. A mismatch.

SM did their job well. I wonder if people who worked on Key's albums were involved.