Cryptocurrency News
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, […]
The cryptocurrency market has witnessed a remarkable surge in $PRIME, with a staggering 40% increase over the past seven days, reaching a high of $9.45 on August 25. Despite this significant price jump, smart traders continue to exhibit buying pressure, with their balances swelling by 22% in the last 24 […]
Fetch.ai’s native token, FET, has experienced a disheartening 12% decline, plummeting to $1.236. This downward spiral has raised concerns among investors, as breaking below the critical $1.25 threshold may signal further losses. Recent transactions have added to the uncertainty, with the Fetch.ai Foundation transferring 5M $FET ($6.4M) to wallet “0x925e” […]
The TON blockchain has finally resumed operations after a grueling 6-hour downtime, caused by network congestion triggered by the distribution of DOGS tokens. The overload led to validators becoming overwhelmed, resulting in a loss of consensus. NEWS: @ton_blockchain is back online after nearly 6 hours of downtime, and block production […]
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1.13M, to Binance at an average price of $1.622. This move is likely an effort to repay creditors amidst […]
In a surprising turn of events, $NEIRO has bucked the market trend, posting an impressive 85.7% price increase over the past 24 hours. Amidst the sea of red, savvy investors have capitalized on the opportunity, buying the dip and selling for substantial profits. Two notable wallets, 0xe1d9 and 0x0662, have […]
The cryptocurrency market experienced a significant downturn, with Bitcoin and Ethereum plummeting to lows of $58,034 and $2,392, respectively. This resulted in a staggering $313 million in liquidations across the network, with long orders accounting for $282 million and short orders totaling $31.36 million. Bitcoin briefly fell to a low […]
The cryptocurrency market witnessed a brutal sell-off, with Bitcoin ($BTC) and Ethereum ($ETH) prices dropping by 7% and 10%, respectively. The carnage resulted in 87,405 traders being liquidated for a staggering $318.46 million in the past 24 hours. The price of $BTC dropped by ~7% and $ETH dropped by ~10%! […]
With only one week left until the conclusion of Ethena’s Season 2 airdrop event on September 2, the platform’s data reveals a mixed picture. Ethena’s Total Value Locked (TVL) has declined to $2.92 billion, a significant drop from its peak of $3.612 billion in early July. Moreover, the platform has […]
In a remarkable achievement, Base has surpassed 1 million daily active addresses, marking an all-time high for the platform. The launch of Base Name Service (BNS) on August 21st is credited as the primary driver behind this surge. This impressive growth represents a tenfold increase in daily users compared to […]
A cryptic address, potentially linked to Justin Sun or the TRON Foundation, has been making waves in the $SUN market. This “smart money” player built a significant position in $SUN three years ago, sparking curiosity among analysts. After digging through transactions, researchers at Arkham identified over 20 addresses connected to […]
Arbitrium’s price has burst out of a bullish falling wedge pattern, setting the stage for a potentially explosive upward move. This development coincides with the project’s dominance in social activity, with a remarkable 6.8k engaged posts and 399k interactions in the past 24 hours, according to Phoenix. $ARB/USDT ANALYSIS ARB […]
Solana’s price is on the cusp of a significant breakthrough, having briefly touched $161.9 before retracing to $157. According to analyst Ali Martinez, this movement may be indicative of an Adam & Eve pattern, hinting at a potential surge to $164. If Solana clears this resistance, a staggering 33% increase […]
The Bitcoin bull market is officially back on track, according to the IFP index. On lower time frames, Bitcoin appears to be trading within a parallel channel, setting the stage for a potential price swing. The #Bitcoin bull market is officially back on, according to the IFP index! pic.twitter.com/oiTf00pwFL — […]
Digital asset investment products experienced a significant surge in inflows last week, totaling $533 million, the largest in five weeks, according to CoinShares. This influx was largely driven by Bitcoin, which saw inflows of $543 million, while Ethereum faced outflows of $36 million. According to CoinShares, digital asset investment products […]
In the ever-evolving world of cryptocurrency, understanding token supply trends is crucial for making informed investment decisions. Our analysis delves into the tokens that have experienced the most significant supply increases over the past month and year, as well as those poised for substantial growth in the coming weeks. Recent […]