The $wQUIL token has recently garnered significant attention, ranking among the top five assets accumulated by Smart Money over the past 24 hours. Additionally, Smart Dex Traders have increased their $wQUIL holdings by 3%, with a net decentralized exchange (DEX) volume of over $121,000. iCrypto has identified three prominent wallets […]
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VOW Token Drops 80% After V$ Contract Exchange Rate Glitch Sparks Panic
VOW token experienced a dramatic 80% drop following a technical mishap involving the USD rate setter function of the V$ contract. The incident occurred as the development team was testing this function, which is critical for minting V$ for new lending pools and oracle functions. During testing, the team adjusted […]
Aptos Network Sees Record Transaction Surge As Ecosystem Thrives In 2024
On August 13, the Aptos network experienced an unprecedented surge in user activity, with transaction numbers skyrocketing to 51.6 million—a staggering increase of over 3,570% from the previous day. This marked the highest transaction count since May 25, 2024. Additionally, the network’s User TPS (Transactions Per Second) hit 14,300, the […]
Ethereum Layer 2 Sets Record With 12.42 Million Transactions, Driven By Memecoin Mania
In an unexpected turn of events, Ethereum’s Layer 2 ecosystem recently hit a record-breaking 12.42 million transactions in a single day, largely fueled by the surging popularity of memecoins. Who could have imagined that digital coins based on memes would push Ethereum’s scalability solutions to such unprecedented heights? đź””Ethereum Layer […]
Whale Activity Signals Shifts In Blast Network Amid Rapid Growth And Challenges
In a major move within the Blast Network, two addresses—likely controlled by the same whale—recently redeemed 6,197 ETH from the Blast cross-chain, transferring the entire sum, valued at $17.04 million, into Binance within the last hour. This whale, known for their significant contributions to the Blast ecosystem, initially invested 39,886.1 […]
Daily Token Unlocks: The Subtle Drivers Of Inflation In Crypto Markets
Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily […]
Over $1 Billion In USDT Withdrawn: What It Means For The Crypto Market
Yesterday, the crypto market witnessed a significant event: over $1 billion in USDT was withdrawn from exchanges, marking the largest outflow of Tether since May. While large deposits on exchanges are often seen as bullish, signaling that investors are preparing to buy assets, withdrawals can be more complex and open […]
Bitcoin’s Market Dynamics: Large Wallets Shift To Accumulation Amid Inflation Data
Since Bitcoin’s all-time high (ATH) in March, the cryptocurrency market has seen significant supply distribution across all wallet sizes. However, recent trends indicate a shift, particularly among the largest wallets—often linked to exchange-traded funds (ETFs)—which are now returning to accumulation mode. This trend reversal suggests growing confidence among major holders. […]
Jump Trading’s Potential Ethereum Sell-Off: What’s Next For The Market?
Jump Trading, a major player in the cryptocurrency space, might be gearing up for a significant Ethereum sell-off. Just an hour ago, the firm unstaked 17,049 ETH (valued at $46.5 million) from Lido and transferred the funds to the selling address “0xf58.” This move has sparked speculation that a large-scale […]
TRX Dependency: A Barrier To Entry On The Tron Network?
Getting started on the Tron network can be a daunting task for new users, primarily due to the requirement of TRX tokens to pay for gas fees and activate new accounts. This necessity adds a layer of complexity and cost that might deter those unfamiliar with blockchain technology from diving […]
Aave Sees Surge In Short-Term Traders Amidst Record Liquidations
Aave, one of the leading decentralized finance (DeFi) protocols, has experienced a notable 28.83% increase in short-term traders over the past month, signaling a surge in new users and speculators. This influx reflects growing interest in Aave, as more participants enter the market to capitalize on short-term opportunities. $Aave saw […]
Crypto Market Prepares For $230 Million Token Unlocks This Week
The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
Ethena Protocol’s USDe Stablecoin Fuels High Yields Amid Price Volatility
Ethena Protocol has been making waves in the DeFi space by offering users high yields through its innovative stablecoin, USDe. This is achieved by holding specific assets like stETH or BTC and simultaneously shorting an equivalent amount in the perpetuals market, creating a unique mechanism for generating returns. However, the […]
Whale Investor Cookislandstrust.eth Increases $PEPE Holdings After Profitable Buy
A significant player in the crypto world, known as cookislandstrust.eth (icrypto.ai/wallet/0x315e7…), has recently made substantial investments in $PEPE, continuing to capitalize on market dips. On August 5, 2024, this whale investor seized the opportunity during a market downturn, spending $2.15 million to acquire 300 billion $PEPE tokens at an average […]
Elon and Trump: Could A New Memecoin Be On The Horizon?
Mark your calendars for August 13 at 00:00 UTC, as @elonmusk and @realDonaldTrump are set for an intriguing conversation. Events like this, featuring such influential figures, can often spark the creation of new meme-driven cryptocurrency pools. Currently, several memecoins related to these two powerhouses are making waves on iCrypto.ai. Here’s […]
DWF Labs’ $20M Cloudbreak Fund Gains Momentum With 90+ Projects In Just Four Weeks
DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ […]
Coinbase Expands Its Crypto Offering By Adding ZetaChain And Across Protocol
Coinbase is stirring up the crypto market with its latest announcement to include ZetaChain and Across Protocol on its listing roadmap. Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. […]
Whale Cashes Out $5.07 Million Profit After Unloading 795.9 Billion PEPE
A savvy investor who strategically accumulated 795.9 billion PEPE tokens during a market low in early March has reportedly exited the position, securing a substantial profit of approximately $5.07 million. The exit occurred just five minutes ago, marking the end of a highly profitable five-month investment. The whale initially transferred […]