Cryptocurrency News
With elevated funding rates and increasing demand for leverage, Ethena Labs’ stablecoin, sUSDe, has been delivering impressive returns exceeding 27% APY. This attractive yield has spurred significant growth in sUSDe’s circulating supply, which has more than doubled since October 2024. Pendle Finance has emerged as the primary beneficiary of this […]
Activity among Aave’s largest holders has surged, with last week witnessing 3,310 transactions exceeding $100,000 in $AAVE—the highest weekly total since 2022. This heightened activity suggests a renewed focus on the token by major players. Blockchain Capital, a prominent holder of $AAVE, has also made significant moves. Following its initial […]
Whale activity in the crypto market has intensified, with a recent purchase highlighting growing interest in Chainlink ($LINK). Over the past five hours, a whale spent 1,263 ETH, equivalent to $4.94 million, to acquire 175,424 LINK at an average price of $28.18. Whales are buying $LINK! A whale spent 1,263 […]
The crypto market is seeing a massive injection of liquidity, with 972.6 million USDT flowing from Tether’s Treasury to exchanges in the past 24 hours. This significant movement of funds appears to be a driving factor behind Bitcoin’s ongoing rally and broader market dynamics. A massive amount of money is […]
A recent study by CoinGecko reveals that Binance continues to dominate the centralized exchange (CEX) market, holding a commanding 39.1% market share in November 2024. Binance’s spot trading volume surged to an impressive $979.1 billion during the month, marking a 130.9% increase from October’s $424 billion. Crypto.com secured the position […]
Ripple’s XRP is experiencing a strong rally, climbing 6% in the past 24 hours to reach $2.37. The surge comes amid significant developments that have bolstered market confidence in the cryptocurrency. 📰 XRP Surges Amid Regulatory Approval🟠 Ripple's RLUSD Stablecoin Approved: New York's Department of Financial Services has greenlit Ripple's […]
Bitcoin has reached the monumental $100,000 milestone, cementing its position as a transformative force in global finance. Since the creation of its Genesis Block, Bitcoin has facilitated an astonishing $131 trillion in transfer volume and successfully processed over 1.12 billion transactions. #Bitcoin crossing $100K is a monumental milestone in its […]
Ethereum ($ETH) has triggered a key bullish signal with the formation of a Golden Cross, as its 50-day simple moving average (SMA) crossed above the 200-day SMA. Historically, this technical pattern has indicated significant upward momentum. In 2023, a similar event preceded a 130% rally, sparking speculation that Ethereum could […]
Polkadot’s ecosystem has seen a dramatic surge in activity, with daily transaction counts tripling since January 2024. This impressive growth highlights Polkadot’s scalability and its increasing role as a key player in the blockchain space. ICYMI: Daily transaction count in the @Polkadot ecosystem is up ~3x since Jan '24. pic.twitter.com/IOwuRZhQf1 […]
The $MOVE token has become a sensation in the crypto market, delivering massive returns and showcasing extraordinary resilience. Over the past 24 hours, $MOVE has surged by an incredible 46,000%, thanks to strategic exchange listings, community-driven airdrops, and robust trading activity. With its Fully Diluted Valuation (FDV) exceeding $13 billion, […]
Pump.fun has made headlines again by transferring 109,587 SOL, valued at $24.36 million, to Kraken just four hours ago. However, the pace of SOL selling from Pump.fun is expected to slow down in the coming months due to several factors: 1. Depleted Reserves: Pump.fun has nearly exhausted its SOL holdings […]
Ethereum’s scaling roadmap is picking up pace, with significant growth seen across Layer 2 (L2) platforms. Uniswap, one of the largest decentralized protocols, has processed over $279 billion in L2 trading volume this year alone, demonstrating the growing adoption of Ethereum’s scalability solutions. Ethereum scaling roadmap is accelerating 🫣 More […]
Whale 0xad7 has made another significant move, withdrawing 1.242 million WLD tokens, valued at $3.48 million, from OKX. This brings the whale’s current holdings to 2.69 million WLD, worth approximately $7.52 million. Despite the recent downturn in WLD’s price—down 25.10% in the last 24 hours—the whale remains in profit. The […]
A trader’s $3,000 investment in $PEPE has turned into a jaw-dropping $73 million profit, delivering one of the most remarkable returns in crypto history. This incredible 24,656x gain showcases the unpredictable yet rewarding potential of the meme coin market. Before the recent market dip, $PEPE soared to a new all-time […]
The profitability of #Toncoin (TON) wallets has taken a substantial hit, with only 65% of wallets currently in profit, compared to a peak of 90% just a week ago. This sharp decline points to changing market dynamics surrounding the cryptocurrency. Recent data indicates that 25% of Toncoin wallets are now […]
The price of $KOMA skyrocketed today, leaping from $40 million to $130 million in market capitalization within a single trading candle. This dramatic surge came shortly after Binance announced the listing of $KOMA on its Futures platform. A huge congratulations to the @komabnb team going from raising 300 #BNB with […]
Cyclical long-term holders of Bitcoin, excluding those who have held for over seven years, now control less than 50% of Bitcoin’s total supply, a notable decline from over 60% earlier this year. This shift signals changing dynamics in the Bitcoin market, with significant implications for its current cycle. Cyclical long-term […]
Ethereum’s balance on accumulation addresses has reached 19.5 million ETH, valued at approximately $78 billion. While Bitcoin accumulation addresses hold 2.8 million BTC worth around $280 billion, Ethereum’s balance is four times smaller in USD terms, which reflects its market cap being roughly a quarter of Bitcoin’s. ETH: Balance on […]