Cryptocurrency News
Crypto news
Bitcoin experienced a sharp drop yesterday, hitting a 3-week low of $58.9K, but many traders are now identifying this dip as a prime buying opportunity. The shift in sentiment came after the release of the US Consumer Price Index (CPI) report, which fueled optimism around potential interest rate cuts. This […]
In the early hours of October 10, BlockTower Capital made a significant financial move by selling 1,815 MKR tokens, worth $2.48 million, through Galaxy Digital. This transaction marks the continuation of BlockTower’s gradual sale of its MKR holdings, which has been ongoing for nearly a year. Between May and November […]
This week in the GameFi space, market sentiment has taken a hit, but there are signs of bullish trends emerging from key industry events. The GameFi market cap has dropped from $22 billion to $17.93 billion amid global economic tensions, and trading volumes have fallen sharply from $2.88 billion to […]
The landscape of cryptocurrency in the US has been shaped by a series of high-profile enforcement actions, with regulators aggressively pursuing companies that have breached financial rules. The largest action to date was against FTX and its affiliate, Alameda Research, spearheaded by the Commodity Futures Trading Commission (CFTC). In August […]
The appetite for Bitcoin among institutional investors is growing rapidly, with U.S. spot ETFs now holding an impressive $58 billion worth of the cryptocurrency. This amount represents approximately 4.6% of Bitcoin’s total circulating supply. Investment giants such as BlackRock, Fidelity, and Grayscale are actively buying Bitcoin, focusing their purchases within […]
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 […]