Animoca Brands, the developer behind The Sandbox, has recently withdrawn $20 million worth of $SAND tokens from Binance, amounting to approximately $4.95 million. This transaction occurred in two separate batches, with the first withdrawal taking place around 17 hours ago. Subsequently, the tokens were transferred to a new address, 0x3Ac…a9192, […]
Crypto
GSR Markets Returns 7.41% Of Neiro’s Total Supply To Bybit, Likely Aiming To Boost Liquidity
In the last 14 hours, GSR Markets has deposited 7.41% of Neiro’s ($NEIRO) total supply back into the Bybit exchange. This move comes shortly after a series of significant withdrawals: between October 8 and October 21, GSR Markets pulled approximately 74.13 million $NEIRO from Bybit at an average price of […]
Tokenomics Insights: Unpacking the Distribution Models Of $TIA, $SUI, $ARB, And $OP
In the cryptocurrency space, each project has a distinct approach to token distribution, reserves, and investor relations. By examining the tokenomics of $TIA, $SUI, $ARB, and $OP, we can better understand how these projects aim to create sustainable ecosystems and manage circulating supply effectively. Unlocked Allocation Each project uses unlocked […]
Babylon Protocol Achieves New Milestone With $1.6 Billion In Staked Bitcoin
Babylon Protocol has reached a major milestone by successfully completing its second staking round, signaling strong momentum in the Bitcoin staking ecosystem. On October 8th, Babylon significantly boosted its staked Bitcoin holdings, increasing deposits from 1,000 BTC to 24,000 BTC—valued at approximately $1.6 billion. This remarkable growth highlights the platform’s […]
Tether Denies Reports Of U.S. Investigation Amid Minor USDT Depeg
The Wall Street Journal recently reported that U.S. authorities are investigating Tether, the issuer of the stablecoin USDT. However, Tether’s CEO swiftly denied these claims on the platform X (formerly Twitter). He clarified that the company maintains regular communication with law enforcement to prevent any misuse of USDT by rogue […]
Top Blockchains By Staking Yield: Cosmos Leads, Followed By Polkadot And Tezos
In a recent study by CoinGecko, Cosmos emerged as the blockchain offering the highest staking yield, rewarding participants with up to 18.5% returns. This high yield comes with a staking ratio of 59%, reflecting significant community involvement, as approximately 248.8 million $ATOM tokens are currently staked. Cosmos’s robust staking appeal […]
AI Memecoins Surge As Market Cap Hits $2.438T And Stripe Expands Through $1.1B Acquisition
This week, AI-themed memecoins stole the spotlight in the cryptocurrency market, with the overall market cap reaching $2.438 trillion. Leading the pack, the $GOAT token surged by 173%, propelling its valuation to $940 million within two weeks. This explosive growth underscores the strong narrative surrounding AI-driven tokens, with major exchanges […]
Ethereum Whale Activity Reaches Six-Week High Amid Price Decline
Ethereum’s recent price drop to as low as $2,380 on Friday has prompted a notable increase in whale activity, reaching a six-week high. Historically, such spikes in whale transactions indicate accumulation by key stakeholders with significant capital. While this does not guarantee an immediate price rebound, it is a positive […]
Moonshot: The Rising Meme Trading Platform With Explosive Growth
Moonshot (@usemoonshot) has been making waves in the crypto world, generating $498K in revenue over the last 30 days, representing a staggering 1,657% month-over-month growth. With around 4,000 daily distinct users, Moonshot has rapidly gained attention, particularly since its frequent mention in tweets beginning in October. Contrary to some reports, […]
Insider Sells 500M $SHAR, Leading To A 96% Price Crash
An insider has caused chaos in the $SHAR market, selling 500 million $SHAR tokens—equivalent to 50% of the total supply—in a single transaction, netting 19,620 $SOL (approximately $3.38 million). This massive sale triggered a 96% collapse in the price of $SHAR, leaving many investors reeling from heavy losses. Before executing […]
Toncoin Faces Centralization Concerns As Active Users Drop And Wallets Suffer Losses
According to data from @intotheblock, daily active users on the Ton Blockchain have drastically fallen from 5 million to around 1 million. As of today, Toncoin is valued at $5.16, with only 13.80% of wallets currently profitable, translating to about 12.62 million wallet addresses seeing gains. In contrast, a significant […]
TRON Network Sees Surge In Energy Capacity And Active Users As TRX Burn Continues
The amount of Energy on the TRON DAO network has doubled over the past three months, signaling increased capacity for smart contract activity. Energy is essential for executing smart contract transactions on TRON, and with more Energy available, the network can handle higher demand while mitigating cost spikes during periods […]
Top Blockchains Offering The Highest Staking Yields
A recent study from CoinGecko highlights the top blockchains with the most attractive staking yields. Notably, only three blockchains provide yields exceeding 10%. Leading the pack is Cosmos ($ATOM), offering an impressive staking yield of 18.5%. With a staking ratio of 59%, approximately 248.8 million ATOM tokens—valued at around $1.2 […]
Solana Surges: TVL Hits $6 Billion, Strong Staking And DeFi Activity Drive Growth
Solana is making waves this week, outperforming most altcoins as prices rebound following a sharp decline on Wednesday. The #5 cryptocurrency by market cap continues to defy bearish sentiment, with many seeing this negativity as a signal that $SOL could continue its upward momentum. 📈 Solana is outperforming most altcoins […]
Avalanche Strengthens Its Position With $1B TVL And Crypto Visa Card Launch
Avalanche continues to solidify its standing as a leading player in the decentralized finance (DeFi) space, boasting a strong ecosystem and growing user activity. With over $1 billion in Total Value Locked (TVL) and an active user base, Avalanche demonstrates resilience and growth in a competitive landscape. One of the […]
Bitcoin Sees $21.8B Inflow As Whales Reach Record Holdings And Price Momentum Builds
Bitcoin has experienced a significant rise in capital inflows, with a net increase of $21.8 billion (+3.3%) over the past 30 days. This surge has driven the asset’s Realized Cap to an all-time high of over $646 billion, indicating that liquidity is rising across the market. This capital influx is […]
Ethereum Hits Lowest Valuation Against Bitcoin Since 2021 Amid Gas Fee Reduction Plans
Ethereum ($ETH) has fallen to its lowest valuation against Bitcoin ($BTC) since April 2021, but co-founder Vitalik Buterin has unveiled plans to turn the tide. BREAKING 🚨: Ethereum $ETH falls to its lowest valuation against Bitcoin $BTC since April 2021 pic.twitter.com/GcIZPtI4ur — Barchart (@Barchart) October 24, 2024 In a recent […]
GSR Markets Transfers 440 Million GALA In Major Move Amidst Increasing Holdings
In a notable transaction, GSR Markets transferred 440 million GALA tokens, valued at approximately $10.55 million, to address 0xB44…68459 within the last five hours. This marks the largest single GALA transfer made by GSR in the past year. GSR Markets 过去五小时向地址 0xB44…68459 转移了 4.4 亿枚 GALA,价值 1055 万美金🧐 这也是 GSR […]