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Maker DAO’s Governance Token MKR Plunges 11% As Whales Move Tokens To Exchanges

The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX).  Whale address 0x09e/0xdbb made […]

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1inch Network Sees 5% Decline Amidst Ongoing Market Volatility

The 1inch network 1INCH, known for its decentralized protocol aggregation, experienced a further decline of 5% in its token value today. This downtrend comes amidst ongoing market volatility affecting various cryptocurrencies. According to on-chain reports, Wallet 0xde9, likely associated with Wintermute Trading, recently deposited 7.44 million 1INCH tokens, valued at […]

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Ethereum Faces Uncertainty Amid SEC’s Rumored Rejection Of Spot ETF Proposals

Ethereum has become the focal point of discussion within the cryptocurrency community, with traders closely following reports speculating on the SEC’s intentions to reject spot Ethereum ETF proposals in May.  This development comes after the approval of spot Bitcoin ETFs on January 11, 2024, and the much-anticipated Bitcoin halving event […]

bitcoin ethereum prices august 31st 2022
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Bitcoin Price Fluctuates Amid Predictions And Transaction Fee Surge

Bitcoin experienced a volatile trading session today, with its price fluctuating between highs of $65,000 and lows of $62,000. Analysts are closely monitoring these fluctuations and making predictions about future price movements using advanced models. According to predictions by The spotonchain’s analyst team utilizing Vertex AI from Google Cloud, Bitcoin’s […]

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Safe Protocol Secures $100 Million Funding, Welcomes Market Makers For $SAFE Token

Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong […]

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Altcoin Markets Surge As Bitcoin Rebounds: Analysis Of Top Tokens

As Bitcoin surges back above $67,000, altcoin markets are experiencing a resurgence, with profits flowing into more speculative cryptocurrency assets. According to insights from @santimentfeed’s dashboard, two tokens have particularly caught the attention of traders: $POPCAT: This memecoin has seen a remarkable 41% increase in market capitalization over the past […]