Cryptocurrency News
In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), […]
There’s a buzz in the crypto trading community surrounding two standout tokens: VELO and UMA. VELO, often dubbed the “XRP of South East Asia,” has seen an impressive surge in its price, gaining 358% in just six weeks. Meanwhile, UMA has caught the attention of traders with a significant 50% […]
The sentiment surrounding top cryptocurrency assets continues to lean towards negativity, a trend that has persisted since the Bitcoin halving on April 19th failed to immediately spur market growth across the crypto sector. With uncertainty prevailing, the departure of small wallets from the market may serve as the catalyst needed […]
Recent on-chain data suggests that notable cryptocurrency whales may have initiated substantial sales of ENA, a project launched on Binance’s Launchpool platform, which has garnered significant attention in the market. According to insights from Spotonchain, two whales executed deposits totaling 17.33M $ENA (equivalent to $15M) to Bybit within the past […]
The past week has witnessed a remarkable uptick in the market capitalization of the top 50 memecoins, collectively growing by over 10%. This surge coincides with a broader rebound in the cryptocurrency and speculative altcoin sectors during the month of May. Among the standout performers in the past 24 hours […]
In a recent announcement, Binance unveiled its 54th project on Binance Launchpool: Notcoin (NOT). This community token introduces users to the world of web3 through an innovative tap-to-earn mining mechanism. Participants will have the opportunity to stake their BNB and FDUSD tokens into separate pools to engage in farming activities. […]
The Lido DAO token (LDO), integral to the decentralized finance (DeFi) protocol operating on the Ethereum network, has experienced a 7% decline in value today. Currently ranked at number 65 among cryptocurrencies, LDO’s performance appears bearish across daily, weekly, and monthly charts. In recent hours, notable activity involving LDO has […]
Despite the prevailing bearish sentiment in the cryptocurrency market today, Frontier $FRONT, the decentralized finance aggregator, has emerged as a standout performer, boasting a remarkable 112% gain over the past 7 days. At the time of writing, FRONT is up by an additional 8%, demonstrating its resilience in the face […]
Bitcoin experienced a dip in value today, falling below the $62,000 mark and recording a 2.5% loss. However, amidst this downturn, a significant whale in the cryptocurrency market seized the opportunity to purchase an additional 250 BTC, totaling $15.56 million, at the bottom of the price drop. This whale has […]
Throughout the 2023-23 cycle, a notable discrepancy has emerged in the performance of Ethereum compared to Bitcoin. While Bitcoin has demonstrated resilience and maintained its price stability, Ethereum has experienced weaker price performance. There has been a growing divergence in performance between #Bitcoin and #Ethereum during the 2023-23 cycle thus […]
The modular ZkEVM Layer 2 token, $PROM, experienced a 5% decline in value today, reflecting the volatility inherent in the cryptocurrency market. On-chain data has revealed significant withdrawal activity involving Wallet 0x3a2, shedding light on potential market dynamics influencing $PROM’s price movement. Wallet 0x3a2 recently withdrew 49,999 $PROM, equivalent to […]
Render Token (RNDR), a prominent player in the AI Coins category, has captured the attention of the crypto markets with a remarkable 40% increase in weekly charts, despite experiencing a 6% decline today. With a current market capitalization of $3.86 billion USD, RNDR has emerged as a standout performer in […]
As the new trading week kicks off, several cryptocurrencies are making waves in the market, capturing the attention of investors and analysts alike. According to data from Santiment, three tokens stand out as the top trending assets in the crypto space. 🗣️👀 The top trending tokens in #crypto today are: […]
The memecoin $PEPE has experienced a 4% decline today, dampening the bullish momentum it started the new trading week with. This downturn coincides with on-chain reports indicating outflows from some whales. Spotonchain data suggests that Whale 0x1a2 is preparing to deposit a substantial amount of $PEPE tokens, totaling 1.24 trillion […]
Despite experiencing a 7% decline in value today, the cryptocurrency token $FRIEND is witnessing increased accumulation by whales, signaling growing investor interest in the project. This trend is evident as on-chain data reveals notable inflows into the $FRIEND ecosystem. Machi Big Brother, a prominent figure in the cryptocurrency space, has […]
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April. This decline comes as the robust bitcoin fee market briefly mitigated the impact of the halving, which occurred earlier. Public […]
Over the weekend, Ethereum experienced a notable rebound, surpassing the $3,200 mark and showcasing significant network expansion. A staggering 196.71K new addresses were generated on the Ethereum network on May 4, 2024, marking the largest single-day surge in address creation since October 8, 2022. 📈 #Ethereum rebounded back above $3,200 […]
Fetch.ai, the artificial intelligence (AI) token, has experienced an impressive 21% gain over the past week, signaling renewed investor interest and bullish sentiment in the market. This positive price movement has attracted the attention of savvy traders, with one particular individual making notable moves within the Fetch.ai ecosystem. Smart trader […]