Cryptocurrency News
Crypto news
The NFT market on Bitcoin’s Ordinals protocol has been gaining momentum, with the NodeMonkes collection leading the charge. Over the past seven days, NodeMonkes jumped from the 10th to the 5th largest NFT collection by market cap, marking a significant rise in its standing. The @nodemonkes NFT collection jumped from […]
Polymarket, a leading decentralized prediction market platform, is reportedly exploring the launch of its own token as part of a $50 million funding push. The platform is offering token warrants to early investors, signaling that a token launch could be on the horizon. NEWS: @Polymarket seeks $50M in new funding, […]
Since 2021, the world of sports has seen a surge in crypto sponsorship deals, with soccer emerging as the clear leader. With 33 deals, soccer clubs like Manchester United, Chelsea FC, and Inter Milan were early adopters of crypto partnerships. Crypto companies have also made their mark on global soccer […]
The stablecoin market has grown exponentially, becoming a crucial component of the cryptocurrency ecosystem. From a modest $1 billion supply in 2018, the stablecoin market has expanded to over $160 billion by 2024. This massive growth underscores the critical role stablecoins play in providing liquidity, stability, and utility for numerous […]
The Base blockchain has experienced a meteoric rise, surpassing 2 million daily active addresses, outpacing other Layer 2 (L2) solutions. While the recent spike in activity is partly driven by airdrops and the introduction of $cbBTC, the main excitement seems to stem from the growing popularity of Basenames, Base’s equivalent […]
Bitcoin is now firmly in control of the cryptocurrency market, accounting for 73% of the total market share, a 6% increase in 2024 alone, according to analytics from Bitcoin. Investors have been steadily shifting from Ethereum to Bitcoin, driving the ETH/BTC ratio to its lowest point since April 2021. While […]
Six hours ago, a Galaxy Digital-associated address withdrew 9.03 million ENA tokens from FalconX, valued at approximately $2.56 million USD. 六小时前 Galaxy Digital 关联地址从 #FalconX 提出 903 万枚 $ENA ，价值 256 万美金 随着大盘反弹，ENA 币价近七日涨幅达 32.51%，现价 $0.2762📈 看能不能稳住到第二期空投发放的时候 钱包地址 https://t.co/zdToxqXkJA pic.twitter.com/VJ27bPTJ0T — Ai 姨 (@ai_9684xtpa) September 24, 2024 This move comes […]
Bitcoin’s correlation with gold has been steadily increasing, reaching its highest level since March 2024. This growing connection highlights Bitcoin’s evolving role as a hedge against macroeconomic uncertainty, particularly in times of recession fears and diminishing confidence in the U.S. dollar. Investors seeking a “safe haven” are turning to Bitcoin, […]
Since 2021, the world of sports sponsorships has witnessed 92 crypto-related deals, with the latest data as of September 2024 revealing significant fluctuations driven by market conditions. This year alone saw 26 new sponsorships signed, while 16 deals from previous years remain active. However, only 28.3% of the total 92 […]
Recently, Chainlink unlocked 18.75 million $LINK tokens (valued at $215 million) from its non-circulating supply contracts. Of this amount, 18.125 million $LINK ($208 million) was transferred directly to Binance, while 625,000 $LINK ($7.18 million) was sent to a multisig wallet, 0xD50f. This unlock follows Chainlink’s established pattern of releasing tokens […]
The TON blockchain is now home to one of the fastest-growing stablecoins, with USDT leading the charge based on 30-day supply growth percentage. Over the past week, the total circulating supply of USDT on TON surged by 41%, surpassing the $1 billion milestone for the first time. This impressive growth […]
Arthur Hayes, the former BitMEX CEO, recently sold a significant portion of his PENDLE holdings despite previously forecasting the token to reach $10. According to on-chain data from @lookonchain, Hayes offloaded $4.4 million worth of PENDLE over the past two days, representing roughly 61% of his family office fund, Maelstrom. […]
According to data from CoinGecko, the United States led global interest in Real World Asset (RWA) tokenization in 2024, accounting for 14.8% of the narrative’s attention. Following closely were Indonesia and Türkiye, representing 10.1% and 8.0% of global interest, respectively. This growing enthusiasm highlights the increasing adoption of blockchain technology […]
Since the linear unlocking of WLD investors’ tokens began in late July, two bankrupt institutions—Three Arrows Capital (3AC) and Alameda Research—have been steadily selling their unlocked WLD holdings. Both firms were major investors in the token and have taken to liquidating their assets following their respective financial collapses. Three Arrows […]
According to eyeonchain, the PEPE development team recently deposited 10 billion PEPE tokens, valued at $81.2K, into Binance from their wallet, 0x310. This transaction occurred around 22 hours ago and adds to a series of large deposits made by the team throughout 2024. In total, the PEPE development team has […]
Bitcoin has soared past $63,000, but the broader crypto market remains in the red. Major altcoins such as TON (-3.34%), SOL (-2.57%), and ETH (-0.11%) are seeing declines, reflecting cautious market sentiment. The overall crypto market capitalization now sits at $2.31 trillion, down by 0.39%, with Bitcoin’s dominance at 53.91%, […]
Ethereum and its Layer-2 solutions have faced sluggishness recently, yet data indicates strong fundamentals for both. Notably, Arbitrum stands out as a leading player in the Layer-2 narrative. 1. Total Value Locked (TVL) TVL is a crucial metric that reflects a network’s popularity and investor trust. It also helps gauge […]
In a significant show of confidence, whales and Smart Dex Traders (SDTs) have been actively accumulating $PEPE over the past 24 hours. Whales have bought an impressive 195.21 billion $PEPE, worth approximately $1.66 million. Meanwhile, SDTs have added 27.21 billion $PEPE to their portfolios, totaling $204,100. As a result, $PEPE […]