In the wake of a more than 5% decline in the past 24 hours on Monday, Ethereum ($ETH), the second-largest cryptocurrency, underwent a noticeable correction. Despite this dip, the resilience of investors to capitalize on the lower prices suggests that the market’s bullish momentum may not be dissipating. According to […]
News
Crypto news
Optimism Has Spiked To 8-Month High At $2.188 As Kraken Introduces USDT On OP Mainnet
Optimism has experienced a significant surge, reaching an 8-month high at $2.188, following Kraken’s announcement of Tether $USDT deposits and withdrawals now being available on Optimism through their platform. 👀 Kraken unleashing USDT on OP Mainnet https://t.co/CoJAkzZhRd — Optimism (✨🔴_🔴✨) (@optimismFND) December 7, 2023 The native governance token for Optimism, […]
Chainlink Gains Momentum As Binance Funding Rate Tilts Favorably With Over 50% Spike In Trading Volume
Chainlink, the decentralized oracle network, is experiencing a positive shift in its Binance funding rate, predominantly favoring long positions. This development, reaching the highest level in four weeks, coincides with Chainlink’s surge in value, surpassing the $16 threshold and advancing toward $20 with minimal resistance, according to insights from market […]
Ethereum Achieves 18-Month High At $2,380 Amidst Whales’ Divergent Moves
Ethereum has reached an impressive milestone, surging to its highest level in 18 months and securing a position at $2,380. The latest trends in whale wallet activities shed light on intriguing dynamics within the Ethereum market, indicating potential for sustained growth. Insights from market intelligence platform Santiment reveal a noteworthy […]
$CIRUS Achieves 7-Month High At $0.05707 Following Innovative Partnership
The Cirus Foundation, a Web3 initiative based on blockchain technology, has joined forces with Shift Markets, a prominent crypto exchange infrastructure provider. This will be inorder to spearhead the creation of non-custodial wallets seamlessly integrated with a global centralized exchange network. 🤝 We’re excited to announce our partnership with @shiftmarkets! […]
Cardano’s ADA Market Value Surges, Nearing Yearly High, Hitting Major Market Cap Milestone
Over the last 24 hours, Cardano’s native cryptocurrency, ADA, has experienced a remarkable surge, witnessing an impressive increase in market capitalization exceeding $1 billion. This surge has propelled Cardano to a total market capitalization of $15.83 billion, solidifying its position as the 8th-largest cryptocurrency according to CoinMarketCap. In this recent […]
Litecoin Whales Maintain Positions Amidst Declining Small Wallet Activity In The Last 10 Days
Recent insights from market intelligence platform Santiment have shed light on a notable trend in the Litecoin (LTC) market. Small wallet addresses, holding micro amounts of LTC, have seemingly reduced their involvement with the digital asset. ⚡️ Approximately 199K wallets that held $LTC 10 days ago, no longer hold any […]
Polkastarter’s $POLS Achieves Yearly High with Over 52% Surge
$POLS has recently joined the ranks of tokens hitting a yearly high, reaching an impressive $0.8292 with a remarkable surge of over 52% within a 24-hour period. Functioning as a decentralized fundraising platform, Polkastarter empowers Web3 projects to initiate and raise funds through multi-chain token pools while simultaneously expanding their […]
Helium ($HNT) Surges Over 48% To New High Following Sudden Price Uptick
Helium ($HNT) stands out as a decentralized blockchain network dedicated to empowering Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet facilitates communication among low-powered wireless devices, leveraging a network of nodes for seamless data transfer. These nodes, known as Hotspots, function as a combination of wireless […]
Bitcoin Achieves New Milestone, Surpassing Recent Yearly High, As It Hits $44,000 Level
Despite the notable sell-offs witnessed as Bitcoin breached the $40,000 threshold over the past weekend, the leading cryptocurrency has sustained its bullish trajectory. In the face of significant declines in major tech stocks, a surge in Treasury yields, and a retracement in gold prices following a previous record high, Bitcoin […]
IOTX Shows Strong Bullish Momentum With Over 50% Gain
Iotex’s IOTX has experienced a substantial surge, climbing from $0.2816 to $0.4425, marking an impressive gain of over 50% within the past 24 hours. The cryptocurrency is now eyeing the possibility of surpassing its previous yearly high if this upward momentum continues. The sudden surge was triggered after a significant […]
Aurora Achieves Remarkable Yearly Highs At $0.6746 Following Recent Performance
Under the governance of AuroraDAO, Aurora emerges as a valuable tool facilitating the smooth transition of Ethereum users and dApps to the NEAR blockchain. Its versatile functionalities include allowing users to upload and interact with Solidity smart contracts on the NEAR blockchain and facilitating the movement of assets, including ERC-20 […]
Shiba Inu’s Burn Rate Surges Exponentially, Exceeding 7,686,774% In A Single Day
In the last 24 hours, Shiba Inu, the widely popular meme coin, witnessed a remarkable increase in its burn rate, with 8,241,856,589 SHIB tokens incinerated in a single transaction. The total Shiba Inu tokens burnt in this period reached 8,349,329,301, marking an astounding surge of over 7,686,774%. 🚨JUST IN: #ShibaInu's […]
Cardano’s $ADA Transaction Volume Witnesses Significant Surge
There’s currently a notable shift in the cryptocurrency space, marked by a growing curiosity from institutional investors toward Cardano and its token, ADA. According to recent data, shared by analyst Ali Charts on X, it shows an increasing frequency of substantial transactions within the Cardano ecosystem. Also, this suggests active […]
$DYDX Experiences Increased Smart Money Outflow After Token Unlock Event
$DYDX, the Ethereum-based token, witnessed a notable shift in its dynamics after the recent token unlock event on December 1. With 150 million $DYDX tokens, equivalent to around $485 million and representing 83.2% of the circulating supply, being unlocked, the token’s Smart Money Outflow ranking on SpotOnChain rose to the […]
Terra Ecosystem Excels As $LUNA Surpasses The $1 Mark; $LUNC Achieves $1B Market Cap
In the past few weeks, the Terra ecosystem has demonstrated impressive performance, outshining broader market trends with significant gains. During November, Terraform Labs, overseeing Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) altcoins, distributed over $17 million across various liquidity pools. This strategic move, including allocations like $1.5M for LUNA/axlUSDC, $1M […]
Ethereum ($ETH) Marks Noteworthy Surge Towards Yearly High Amidst Positive Whale Activity
In a surprising turn of events, Ethereum ($ETH) has experienced a substantial surge today, delighting the Ethereum community with a notable 4% increase (currently at $2,104). As the cryptocurrency inches closer to its previous yearly high at $2,137, speculations are rife among market analysts, enthusiasts, and investors regarding the driving […]
DYDX Faces Market Headwinds Amidst Token Unlock Event and Whale Movements
The past week has witnessed a downward trend for DYDX, with a decline exceeding 10%, and recent whale activity has contributed to this negative sentiment, especially following the token unlock event today. A substantial amount of 150 million $DYDX ($505.5 million), constituting 81.63% of the circulating supply, was unlocked just […]