Cryptocurrency News
Crypto news
This summer, $AAVE has seen a significant rise, nearly doubling in value against ETH and climbing 50% in dollar terms, fueled by the excitement surrounding a new “Aavenomics” update proposal. The update aims to reduce risks and enhance rewards for stakers by utilizing revenue instead of relying on inflationary yields, […]
Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease […]
Recent developments in the U.S. presidential race show a significant shift in betting markets. According to Polymarket, former President Donald Trump’s odds of winning the upcoming election have surged to 53%, while Vice President Kamala Harris’s odds stand at 46%. This shift follows Harris’s recent announcement of her economic policies, […]
A recent snapshot of Bitcoin’s holder landscape reveals intriguing insights. As of August 21, 8.08 million addresses held mere crumbs of BTC, worth less than $1, while a mere 10,130 addresses boasted impressive holdings of over $10 million. Meanwhile, a staggering 54.07 million addresses held BTC at its current price, […]
In a recent development, GSR Markets withdrew 7.91 million ARB tokens, worth $4.38 million, from Coinbase. Historical transaction data suggests that these tokens will be replenished after a brief period. However, ARB’s struggles continue, with the token hitting an all-time low of $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
The Brett token ($BRETT) is set to make waves in the crypto market as Binance gears up to list the BRETT perpetual contract. This development is expected to significantly impact the token’s market performance, as $BRETT already dominates the meme coin sector on the Base network, accounting for over 80% […]
A significant investor’s wallet recently reactivated after six months of dormancy, making waves by withdrawing 1.48 million $UNI, valued at $10.4 million, from Coinbase Prime just two hours ago. This wallet now holds a substantial 3.91 million $UNI, worth approximately $27.2 million. This isn’t the first time this wallet has […]
DWF Labs has recently made a significant move by depositing 2 million $CRV tokens, valued at approximately $683,000, to Binance just five hours ago. This transaction has caught the attention of the crypto community, particularly given DWF Labs’ involvement in Curve’s past financial challenges. Last year, during a liquidation crisis, […]
The gap between Layer 2 networks is widening, with Base now recording nearly 40% more daily active addresses than both Arbitrum and Optimism combined. As of August 2024, Base has solidified its position as a key player in the Layer 2 space, drawing significant attention from the crypto community. The […]
TRON has emerged as the leading trending asset in the cryptocurrency market, driven by a significant price pump. Since the debut of SunPump, the project’s new memecoin deployer, on August 12th, the network has seen the launch of over 7,000 new tokens, with TRX’s market value climbing by 22%, peaking […]
$AAVE, a prominent player in the decentralized finance (DeFi) space with close to $12 billion in total value locked (TVL), has rolled out its V3 version on the Ethereum Layer 2 network, ZKSync Era. This network leverages zero-knowledge technology to enhance both scalability and privacy, setting the stage for a […]
The Base network’s leading memecoin, BRETT, is experiencing a significant rally today, as its market cap soars back over $1 billion. In the last 24 hours, BRETT has surged over 36%, far outpacing most other major cryptocurrencies, which have struggled to post gains of more than 10%. Trading volume for […]
Binance has announced its support for the rebranding of the $FRONT token to $SLF, coinciding with a 33% surge in the token’s value. The token swap and rebranding are part of Frontier’s transition to Self Chain, a modular, intent-centric Layer 1 blockchain with keyless wallet infrastructure. Starting on August 27, […]
Over the past six weeks, Bitcoin’s largest holders, specifically wallets containing between 100 to 1,000 BTC, have increased their holdings by an additional 94,700 coins. This accumulation comes as many traders, shaken by recent market volatility, have exited the crypto space, while key stakeholders have continued to bolster their positions. […]
Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. 👀 […]
Earlier today, a multi-signature address associated with The Sandbox transferred 52 million $SAND tokens—valued at $13.48 million—to two different addresses. The reasons behind this large transfer remain unclear. 七小时前，Sandbox 多签地址将累计 5200 万枚 $SAND 转移至两个地址，价值 1348 万美金，用途未知 参考之前多签地址的转出记录，接收地址会将部分代币充值进交易所，剩余部分分发至各个钱包👀 本次接收地址https://t.co/1hxSRBYdwjhttps://t.co/vxOEPKijc4 pic.twitter.com/tuChhwfgjE — Ai 姨 (@ai_9684xtpa) August 20, 2024 Based on historical data […]
Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as […]
Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time. After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. […]