Cryptocurrency News
In a rollercoaster ride for Yearn.finance ($YFI) enthusiasts, the token witnessed an unexpected plunge of 45% in just a few hours, wiping out a substantial chunk of its recent gains. The swift downturn was triggered as investors rushed to part ways with their YFI holdings amid the broader crypto market’s […]
Big news in the finance world! Fidelity Investments, the financial powerhouse, is diving into the Ethereum Exchange-Traded Fund (ETF) competition by filing a 19b-4 with the Chicago Board Options Exchange (CBOE). And guess what? They’re not alone—BlackRock, another heavy hitter, threw their hat in the ring just a day before. […]
In a surprising twist, Bitcoin has reclaimed its top spot for daily transaction fees, leaving Ethereum behind after a three-year stint as the fee frontrunner. Ethereum’s charm lay in its flexible blockchain tech, giving rise to a plethora of decentralized apps (dApps) and spiking transaction fees, especially in the realms […]
In a surprising development, Ethereum layer-2 Polygon experienced an exceptional surge in gas fees, soaring more than 1,000% to a pinnacle of $0.10. This surge was set off by a massive influx of users minting POLS tokens, inspired by Ordinals, indicating a substantial increase in transaction action on the network. […]
Once more Yearn Finance ($YFI), a prominent player in the decentralized finance (DeFi) sector, has grabbed the eye of the crypto community as it emerges as the top day to day gainer, hitting another yearly high in the past 24 hours. This DeFi project, with its multifaceted system, aims to […]
The native coin of the dYdX chain, DYDX/USD, has encountered an impressive surge, denoting an incredible 50% increase in value inside the past seven days. Of course, the main reason behind this market increase are twofold. One, the expectation surrounding an impending token unlock event. Then, the new presentation of […]
Ripple’s XRP has made a triumphant return to the United States cryptocurrency market through the centralized exchange Cex.io. Of course, this marks the conclusion of a two-year absence since several significant exchanges, including Coinbase and Kraken, delisted XRP. These delistings happened due to legal concerns coming from a lawsuit filed […]
Kaspa cryptocurrency officially entered the crypto scene in November 2021 and as such, is celebrating its subsequent birthday. It’s notably doing that in style with a noteworthy price rally. Throughout the span of its presence, $KAS has seen a substantial 51.0% gain, starting from $0.07 and as of now soaring […]
In a strategic move to bolster on-chain insights across the blockchain ecosystem, Binance Labs, the venture capital and incubator arm of Binance, has invested in $ARKM, the native token of Arkham. Notably, Arkham is a powerhouse in AI-driven blockchain intelligence and data platforms. It aims to reform transparency in the […]
Lido DAO’s native coin, $LDO, has hit a pinnacle not seen in four months, coming to $2.5 with a 12% surge in the past day. Notably, this surge comes as Lido DAO continues to cut out its job as the go-to liquid staking protocol on the Ethereum network. Notably, $LDO […]
In the last two weeks, PancakeSwap’s native token, $CAKE, has encountered a staggering 100% gain. This is a surge credited to the strategic moves embraced by the PancakeSwap team. Rather than arbitrary market movements, these positive developments are the outcome of a purposeful investment for future growth. PancakeSwap Seals Off […]
Elon Musk’s Grok AI bot-inspired memecoin $GROK has turned into the focal point of a crypto controversy, shaking the cryptocurrency community as questions about its realness come up. Zachxbt raised concerns on X (formerly Twitter) on November 13, suggesting that Grok’s online presence may be a façade with assets repurposed […]
Solana, the cryptocurrency that caught institutional investors’ consideration this month with its noteworthy surge from $21 to $63, is currently under a magnifying glass as late price movements suggest an expected shift in market sentiment. While the recent spike raised Solana’s status in the crypto community, ongoing developments have provoked […]
The cryptocurrency market experienced a brief however significant surge in XRP prices following false reports of BlackRock’s contribution in a XRP exchange-traded fund (ETF). The saga unfolded on X (formerly Twitter) when users stumbled upon a Delaware filing indicating the registration of “iShares XRP Trust,” seemingly indicating BlackRock’s move towards […]
ZRX token, the governance token of the 0x decentralized exchange protocol, has encountered an impressive 100% price spike in only two days. This surge in price is joined by a record-breaking accumulation of ZRX tokens by whales. Of course, this signals a positive long haul viewpoint for the decentralized protocol, […]
Bancor (BNT), the decentralized liquidity protocol, has encountered a momentous circle back lately, seeing its market capitalization over triple in the range of only four days. Of course, this unprecedented spike appears to have been incited by Whale’s investment and huge holders reliably. 10,000 $BNT Wallet Holders Continues Massive Accumulation […]
In a remarkable new development, Ethereum (ETH) soared to another milestone by breaking the $2,000 price resistance, driven by the optimism surrounding the news that the crypto giant, BlackRock, submitted another ETF for SEC review. Record-Breaking Daily Revenue For Ethereum Following this accomplishment, Ethereum’s daily revenue witnessed a significant surge, […]
In a huge development, Chainlink, the decentralized oracle network, has presented LINK staking v0.2, a significant upgrade to its staking platform. This delivery, highlighting a capacity of 45 million LINK tokens, expands upon the foundation laid by v0.1, expecting to make a more unique, extensible, and upgradable staking system. #Chainlink […]