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 […]
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Trump’s Election Odds Surge Amid Economic Policy Proposals From Harris
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, […]
Unveiling Bitcoin’s Hidden Dynamics: A Closer Look At Holder Behavior
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, […]
Arbitrum’s ARB Token Faces Pressure Amidst Supply Concerns
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 $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
Brett Token Poised For Major Move As Binance Announces Perpetual Contract Listing
The Brett token ($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% […]
Investor Reactivates Wallet To Withdraw $10.4M In $UNI Amid Ongoing Debate Over Token Utility
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 Deposits $CRV To Binance Amid Market Losses Following Curve Hack
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, […]
Base Surges Ahead In Layer 2 Networks, Dominating Active Addresses And NFT Creation
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 Surges As Top Trending Crypto Asset Following SunPump Launch
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 Expands DeFi Presence By Launching V3 On ZKSync Era, Smart Money Accumulates $AAVE
$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 […]
Base Memecoin BRETT Surges Amidst Market Excitement
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 to Support $FRONT Token Swap And Rebranding To $SLF Amidst Market Movements
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, […]
Bitcoin Whales Accumulate Amid Market Recovery As Mining Costs Surge In Q2 2024
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 Price Climbs As Exchange Balances Drop Below 10%
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. 👀 […]
Sandbox Moves $13.48 Million In $SAND Tokens Amidst Speculation
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 PRICE ANALYSIS & PREDICTION (August 20) – ETH Consolidates Amid Low Volatility, Deciding Next Major Move
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 PRICE ANALYSIS & PREDICTION (August 20) – BTC Gathers Liquidity For A Major Move, Where Is It Heading Next?
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. […]
Polygon Set To Migrate from MATIC To POL Tokens On September 4
Polygon has announced that the migration from MATIC to POL tokens will officially take place on September 4, 2024. POL will replace MATIC as the native gas and staking token of the Polygon Proof-of-Stake (PoS) network and will play a crucial role in the network’s AggLayer, a key part of […]