Cryptocurrency News
In the last 24 hours, the Solana blockchain has witnessed a remarkable surge in token creation, with nearly 20,000 new tokens minted, predominantly memecoins. A significant portion, approximately 70%, of these tokens debuted on the platform known as Pumpdotfun, highlighting the growing trend of memecoins on Solana. 🚨 REPORT: Nearly […]
Sui Network is experiencing a significant rise in Total Value Locked (TVL) following the launch of native USDC by Circle. This major development is propelling the Sui ecosystem forward, especially benefiting native protocols like NAVI. As a key liquidity provider on Sui, NAVI is receiving a substantial liquidity boost thanks […]
In the world of cryptocurrencies, the relationship between unlocked tokens and circulating supply can often vary significantly, influencing market dynamics and investor perceptions. While circulating supply is a standard metric, it doesn’t always directly correlate with the percentage of tokens unlocked as outlined in project whitepapers. Let’s examine several notable […]
A notable transaction occurred two hours ago when address 0x4b4…452db airdropped 365,000 $EIGEN tokens, valued at $1.34 million, into Binance, raising suspicions of a potential sell-off. This same address had received 536,000 $EIGEN tokens through an airdrop from P2P.org a week ago and has been gradually moving smaller amounts to […]
$HIPPO has quickly emerged as the leading memecoin on the SUI blockchain, dominating 24-hour trading volume and setting new all-time highs almost daily. This rapid ascent has earned $HIPPO the crown in the Moodeng narrative, surpassing $MOODENG with a current market capitalization of $162 million. $HIPPO is the new king […]
AI tokens are experiencing a strong performance today, with $TAO leading the charge, posting a 14.46% gain. Other notable tokens such as $NEAR and $FET have also seen significant increases. Currently, $TAO commands around 50% of all crypto AI mindshare. Once accounting for only 2.92% of Grayscale’s AI fund, it […]
According to NYDIG, Bitcoin has emerged as the best-performing asset of 2024, boasting a year-to-date gain of 49.2%, even in light of a lackluster Q3. A long-dormant whale, who recently reactivated after a lengthy period of inactivity, moved another $634,000 worth of Bitcoin to Kraken this morning. This whale’s BTC […]
In the third quarter of 2024, Bitcoin’s dominance surged to its highest level since April 2021, as $BTC traded sideways while both $ETH and smaller tokens reached new yearly lows. This trend suggests that Bitcoin is increasingly being viewed as a form of money, whereas Ethereum’s valuation appears more closely […]
In an impressive 24-hour performance, Solv Protocol achieved $1.48 million in protocol fees, securing the 6th position in DeFiLlama’s rankings. This achievement places Solv ahead of notable competitors such as Solana, which garnered $1.24 million, and Uniswap, with fees of around $1.15 million. With a total value locked (TVL) now […]
Activity among large Dogecoin ($DOGE) holders is ramping up, suggesting that institutional investors and major DOGE whales are positioning themselves for a potential price surge. The volume of high-value transactions on the Dogecoin network has been steadily increasing, a clear sign that big players are making moves. The number of […]
As the Base ecosystem continues to expand, certain applications are making their mark, with AerodromeFi emerging as a clear leader. Currently, it commands 60% of all decentralized exchange (DEX) activity on the network, surpassing Uniswap, which holds 30%. AerodromeFi’s trading volume hit $3 billion weekly, significantly higher than Uniswap’s $1.1 […]
Despite an 86% plunge in Bitcoin transaction fees this quarter, market confidence remains resilient, with Bitcoin’s dominance hitting its highest level since April 2021. BTC's market share reached its highest since April 2021 this quarter Bitcoin's price traded mostly sideways throughout the quarter, while ETH and smaller tokens set new […]
After a slight market rebound, a prominent whale who previously incurred an $8.22 million loss from long-leveraged Ethereum positions is ramping up their investments again. Just 10 hours ago, this whale withdrew 1,401 ETH, worth approximately $3.39 million, from Binance. They subsequently deposited these funds into Compound and borrowed 2.3 […]
Currently, 6% of all wrapped Bitcoin is being staked through various yield protocols, highlighting a growing trend in the market. The wrapped Bitcoin sector is primarily dominated by $WBTC and $BTCB, which together account for over 81% of the total supply. However, the landscape is evolving, with liquid staking and […]
Dogecoin is facing a crucial moment as 60,210 addresses that collectively purchased 36.4 billion DOGE at an average price of $0.11 may be looking to avoid losses. If Dogecoin, currently trading at $0.10, fails to reclaim this critical level, a sell-off could ensue as investors look to minimize their downside. […]
The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited […]
As altcoins make a strong rebound, familiar names are topping the list of trending tokens with exciting new developments driving market interest. XRP ($XRP) takes the top spot, with traders buzzing over Bitwise’s ETP filing and renewed discussions surrounding the SEC’s appeal of a ruling that classified XRP as a […]
Amid bearish sentiment and technical indicators suggesting potential further dips, a recent decline in Bitcoin futures liquidations is offering a glimmer of hope. On October 1, over 4,000 Bitcoin longs were liquidated, marking the second-largest liquidation event of the year. This massive shakeout hints at a potential local bottom, which […]