Cryptocurrency News
Crypto news
On August 31, 2024, cumulative daily DEX volume across all chains dropped to $2.58 billion, marking its lowest level since February 4. This significant decline highlights a sharp downturn in on-chain activity, raising concerns about the current state of decentralized exchanges (DEXs). 🚨Report: On August 31, 2024, cumulative daily DEX […]
The platform coin $VISTA made headlines after an astounding surge of 435 times following its online debut. This meteoric rise has placed $VISTA at the forefront of Ethereum’s ecosystem, even propelling the Ethereum main network’s 24-hour gas consumption to the top spot. Ethervista, the platform behind $VISTA, has also outpaced […]
As the new trading week kicks off, several cryptocurrencies have seen a notable rise in social volume, driven by various discussions and community activities. Bitcoin ($BTC) is at the forefront, with significant chatter centered around the challenges currently facing bitcoin miners. Conversations are also focused on potential price dips and […]
Bitcoin traders on Binance are showing a slight bullish inclination, with 51.79% currently holding long positions on $BTC. However, caution is in the air as a recent observation on Bitcoin’s two-month chart by analyst Ali Martinez highlights a potential trend reversal. The Stochastic RSI has shifted from bullish to bearish, […]
The noticeable drop in whale activity across major cryptocurrencies has been evident in recent months. For Bitcoin and Ethereum, peak weeks for transactions over $100,000 reveal a significant reduction in whale engagement. For Bitcoin, whale transactions peaked at 115,100 during the week of March 13-19, 2024. By the week of […]
PolitiFi coins have taken the crypto world by storm in 2024, boasting an impressive 782.4% increase year-to-date, far outpacing the broader meme coin category, which rose by 90.2% during the same period. But what’s driving this surge in PolitiFi tokens? The growing interest in the U.S. political landscape within crypto […]
A prominent early Shiba Inu ($SHIB) investor has recently made a significant move by swapping a large portion of their $SHIB holdings for Fetch.ai ($FET). Over the past 10 hours, the whale exchanged 255.62 billion $SHIB, valued at $3.5 million, for 3.114 million $FET. This shift comes after the whale’s […]
Worldcoin ($WLD) has emerged as a dominant force within the Optimism ecosystem, showcasing remarkable growth over the past year. The number of unique addresses holding $WLD skyrocketed from 477,000 in August 2023 to a staggering 4.7 million by August 26, 2024. This rapid expansion highlights a strong surge in community […]
The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which […]
According to Lookonchain, Ethereum co-founder Vitalik Buterin made a notable transaction today, transferring 800 ETH, valued at approximately $2.01 million, to a multi-signature wallet. He then exchanged 190 ETH for 477,000 USDC. Buterin has previously stated that he hasn’t sold ETH for personal gain since 2018, opting instead to donate […]
Ripple’s recent strategic alignments with major banks and the potential adoption of its new stablecoin, RLUSD, could signify a transformative moment for XRP’s growth. As Ripple positions itself within the stablecoin market, its latest developments hint at a promising future for both the company and the broader XRP ecosystem. Ripple […]
Kamino Lend has reached a major milestone, generating a total of $26 million in interest for its lenders. This achievement underscores the platform’s growing popularity and the robust returns it offers to users. The majority of the interest earned on Kamino Lend comes from two key assets: USDC and SOL. […]
In a notable transaction, the Ether.fi multi-signature address 0x57C…15491 recently transferred 1.48 million $ETHFI tokens to Binance. This address, associated with Ether.fi, received 10 million $ETHFI tokens from the project on April 1, 2024. The recent transfer is part of a broader pattern of activity, as the same address has […]
Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute çš„ Lido […]
BlackRock has officially announced the launch of a spot Ethereum ETF in Brazil, which will be traded on the B3 stock exchange under the ticker ETHA39. This development underscores the growing global interest in cryptocurrencies, signaling that digital assets are becoming an increasingly important part of the financial landscape. The […]
Bitcoin surged to a high of $61.2K today, coinciding with a bounce in the S&P 500. While it’s debated whether crypto is leading the equities market or the other way around, the strong correlation between the two is undeniable. Historically, Bitcoin tends to break out when its correlation with equities […]
Solana’s staking ecosystem is gaining significant attention, with several major exchanges announcing the launch of Liquid Staking Tokens (LSTs) on the Solana blockchain. Bybit recently revealed the upcoming release of bbSOL, a liquid staking token that users can obtain by staking SOL on Bybit Web3. Following Bybit’s lead, both Bitget […]
Polygon, one of the networks experiencing a downturn since the broader crypto retrace began in March, may be on the verge of a turnaround. Recent on-chain activity suggests that a reversal for $MATIC could be brewing. Notably, spikes in active addresses and dormant coin movements, which often precede price rebounds, […]