Chainlink ($LINK) has surged past $13.65 for the first time since July, decoupling from other altcoins as it eyes a potential breakout. Whale activity around $LINK is at a three-month peak, with key holders of between 100,000 and 10 million $LINK tokens accumulating an impressive $369.8 million worth over the […]
Author: Will Izuchukwu
Ethereum’s Derivatives Market Thrives As Layer-2s Lower Costs, Whales Unload Large Holdings
Ethereum’s derivatives market has seen significant growth, thanks to the rise of Layer-2 solutions, which have drastically reduced transaction fees that once held back the sector. This cost reduction has paved the way for a surge in derivatives protocols, driving impressive gains in the market since the beginning of the […]
Bitcoin’s New High Sparks Optimism As Market Indicators Suggest Room For Growth
Bitcoin recently reached a new all-time high, but key indicators suggest the rally might still have room to grow. The MVRV (Market Value to Realized Value) ratio shows Bitcoin isn’t yet overvalued; its price remains close to the cost basis for traders, indicating that the market isn’t overheated. Bitcoin’s new […]
DeFi Tokens Surge As Trump’s Election Spurs Investor Optimism
In the wake of Donald Trump’s recent election win, decentralized finance (DeFi) tokens, particularly Uniswap ($UNI) and Lido DAO ($LDO), are seeing notable gains as investor sentiment turns positive. Both tokens, which previously faced scrutiny from the U.S. Securities and Exchange Commission (SEC) with Wells Notices indicating possible regulatory action, […]
Pump.fun Sets Records As SOL Transactions And Liquid Staking Tokens Surge
The token generation platform, Pump.fun, has reached an impressive milestone, creating a record 3 million tokens. Since its launch, token creation has averaged seven new tokens per minute, underscoring the platform’s popularity and the relentless activity on Solana. Within just the past five days, Pump.fun’s transaction fee revenue surged, resulting […]
$RAY Emerges As A Top Contender Amid Solana’s On-Chain Activity Surge
Among the tokens demonstrating significant growth, $RAY stands out, with a meteoric rise that has captivated investors. Since October 10, the token has surged from $1.60 to $4.60—a remarkable 187% increase. This growth has drawn attention from both retail and institutional players, who are keen to capitalize on the ongoing […]
DWF Labs Adds Millions In FET Deposits To Binance Amid AI Token Volatility
Just three hours ago, DWF Labs transferred 2 million Fetch.ai (FET) tokens, valued at $2.8 million, to Binance. Over the past three weeks, DWF has deposited a total of 6 million FET tokens on the platform, amassing an impressive $8.36 million in value. However, FET’s price has seen a downturn, […]
Binance Futures Welcomes $MOG: Meme Coin With A Judgmental Cat Theme Hits New Highs
In a nod to the diversity of meme culture, Binance Futures has officially listed $MOG, a meme coin featuring a cat known for its iconic “judgmental” expressions. This listing brings a fresh angle to the meme coin world by expanding beyond the typical dog-themed tokens and embracing a character rooted […]
Trump Meme Coins Suffer Major Losses as $TRUMP, $TREMP, and $MAGA Drop 60%+
The Trump-themed meme coin market has experienced a significant downturn, with $TRUMP, $TREMP, and $MAGA all suffering losses of over 60% in the past 24 hours. This decline has sent shockwaves through the meme coin community, particularly for those who were betting on Trump’s political advantage translating into financial gains. […]
UNI Price Jumps 22% As Early Investors Move $20.59M To Coinbase
Uniswap’s governance token, UNI, saw a 22% price increase over the past 24 hours, driven by significant transfers from early investors. A key wallet recently deposited UNI worth $20.59 million to Coinbase, suggesting investors may be taking advantage of the price surge to cash in on holdings. Since September 2024, […]
CryptoPunks Leads October 2024 NFT Market, Bored Ape Yacht Club Sees Further Decline
October 2024 data highlights CryptoPunks’ impressive grip on the NFT market, commanding a substantial 30.9% share and solidifying its lead among the top NFT collections. CryptoPunks has held this dominant position since overtaking Bored Ape Yacht Club (BAYC) in May 2023, underscoring its staying power in a highly competitive space. […]
Brace For Impact: Arbitrum’s $ARB Token Supply Release Looms
The crypto community is gearing up for the upcoming release of 92.65 million $ARB tokens on November 16, 2024. Valued at approximately $48.5 million, these tokens will be distributed to Arbitrum’s team, advisors, and investors, marking a significant event for the project. This release follows a much larger distribution earlier […]
Bitcoin Dominance Grows As Institutional Investors Favor Simplicity, While Ethereum DeFi Thrives
Bitcoin’s appeal as “digital gold” is captivating institutional investors, reinforcing its status as a straightforward, inflation-resistant asset. This growing interest has intensified Bitcoin’s dominance over Ethereum, whose focus on decentralized finance (DeFi) attracts a more niche audience. The market cap ratio of ether to bitcoin has plunged to 24.52%, its […]
Bitcoin Hits Historic $75K High On Election Night As Pro-Crypto Sentiment Soars
Bitcoin’s market value has reached an all-time high of $75,000, driven by the momentum surrounding the U.S. election night. As election results started to show a lead for Donald Trump, a perceived pro-crypto candidate, Bitcoin saw a rapid surge in both price and positive sentiment. Across social media, comments are […]
Solana’s Meteoric Rise: $SOL Breaks $180 As DeFi TVL And Memecoin Market Cap Surge
Solana ($SOL) is making headlines with a strong rally, surpassing $180 and solidifying its position as one of the top players in the cryptocurrency world. Recently, $SOL overtook Binance Coin (BNB) to claim the 4th spot in market capitalization, marking a significant milestone in Solana’s growth trajectory. #Solana ($SOL) has […]
Avalanche Sees Explosive Stablecoin Growth, Strengthening DeFi Ecosystem
The Avalanche ecosystem is experiencing notable growth in stablecoin usage, a trend that is driving the development of a robust DeFi landscape. Fiat-backed stablecoins, especially USDT, are currently dominating on Avalanche. With a 70% market share and a market cap of $1.7 billion, USDT has become the most widely used […]
Solana Surges In Activity As Active Addresses and Memecoin Trading Reach New Highs
In October, Solana set a record with 123 million active addresses, a remarkable 42% increase from September’s levels and a significant leap from just 12.7 million at the start of the year. Solana's active addresses reached a record high of 123 million in October, marking an increase of over 42% […]
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars In a remarkable turn of events, the $TON blockchain has seen its USDT holdings skyrocket from just $130 million in May 2024 to over $1.02 billion—an astonishing increase of 670% in just six months. This surge […]