Cryptocurrency News
Dogecoin is proving its resilience, with 68% of its wallets still in profit. Currently, it ranks 4th among assets with a market cap exceeding $1 billion. However, for Dogecoin to achieve further growth, the network needs a catalyst. Recent data shows a gradual decline in the number of new addresses, […]
Yesterday marked a historic day for stablecoins, which experienced the highest number of single-day transfers ever recorded. This surge in activity comes as institutions begin to inject funds into the crypto market, taking advantage of lower prices to buy the dip. Cumberland, a major player in the crypto space, received […]
On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge. SynthaMan had posted a message two days ago stating that he lost all his crypto assets due […]
Jupiter Exchange has announced a significant decision following a recent governance vote: 30% of its $JUP team tokens will be burned. This proposal, which received overwhelming support with 95% of votes in favor, will see 3 billion $JUP tokens, valued at over $2.37 billion, burned over the next six months. […]
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. 📈 Solana has been making some separation against other altcoins, surging +7.5% […]
Cyver Alert System has detected a suspicious transaction involving the Nexera @Nexera_Official proxy contract. An address gained control of the proxy contract and executed an upgrade. Shortly after, the address used the “withdraw admin” function to transfer all $NXRA tokens. The malicious actor is currently selling the tokens for $ETH, […]
The number of active $LINK addresses has surged to its highest level since May, coinciding with a significant outflow from exchanges. This suggests a trend of accumulation during a period of market turbulence. The number of active $LINK addresses has reached its highest level since May. Interestingly, this surge occurred […]
Recent data from Crypto Differ places $BANANA in the 12th spot for top projects by daily active address growth over the past 30 days, boasting 413 daily active addresses, a 107% increase. Top-15 Projects by #DAA growth in the last 30 days DAA (Daily Active Addresses) is the number of […]
In a surprising turn of events, $NEIRO on Ethereum has surged by 8% today and over 800% in the past seven days, despite challenging market conditions and a significant whale sell-off. On-chain reports reveal that Ethereum co-founder Vitalik Buterin sold all his 17.15 billion NEIRO tokens, amounting to 44.42 ETH […]
JupiterExchange recently announced a major decision to burn 30% of its $JUP team tokens, following a successful proposal that saw 95% of votes in favor and a record high turnout of 274 million $JUP staked. 🚨BREAKING: @JupiterExchange's proposal to burn 30% of the $JUP team tokens has passed with 95% […]
Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k […]
Pendle’s financial returns have been on a downward trajectory, reflecting broader challenges in the market. In the past six months, a notable whale, identified by the wallet address 0xfC0…1dcD6, locked up a substantial amount of PENDLE tokens only to face significant losses upon selling. This whale amassed a position of […]
Breaking down crucial multi-month support last week, Ethereum saw a heavy drop and crashed back to its yearly low. However, it recovered slightly earlier today following a sudden rejection. A week ago, Ethereum traded as high as $3,400 after making a short bounce from a reestablished support of $3,100. The […]
$SOL is once again leading the market recovery among the top 10 cryptocurrencies by market cap, having surged 10% in the last 60 minutes. The price of Solana has shown strong signs of recovery, forming a “W” pattern on lower time frames. A sustained close above $125 could see $SOL […]
Uniswap remains a cornerstone in the crypto space, significantly contributing to the ecosystem’s growth. Here’s a look at some pivotal moments in Uniswap’s history: 1. Uniswap Launch (Nov 2, 2018) – The inception of Uniswap marked a new era in decentralized exchanges. 2. Uniswap V2 Launch (May 18, 2020) – […]
Bitcoin’s brief dip below $50,000 coincided with the highest weekly trading volume (~$99B) since the November 2022 FTX collapse. Bullish trader sentiment leading up to this crash has pushed the average returns of BTC wallets active in the past 30 days to their lowest point in 26 months. 📊 Bitcoin's […]
Digital asset investment products have seen their first outflow of funds in four weeks, totaling $528 million, according to CoinShares. This trend is attributed to the looming US recession, geopolitical tensions, and widespread market liquidation. Bitcoin and Ethereum funds were hit hardest, with outflows of $400 million and $146 million, […]
The cryptocurrency market is experiencing a severe downturn, with 24-hour losses reminiscent of the dark days in late 2022. Despite this widespread turmoil, Aave’s native token, $AAVE, stands out with a remarkable resilience. Though $AAVE has dropped 28% in the past day, there is a silver lining for this DeFi […]