Cryptocurrency News
August 2024 has been a dynamic month for Layer 2 platforms, with notable shifts in total addresses, transactions, and total value locked (TVL). Leading the charge in unique addresses are Optimism, Base, and Arbitrum, while Base and opBNB excel in transaction volume. Unique Addresses and Growth Optimism (162.5M), Base (113.3M), […]
An Ether.fi multi-signature wallet, associated with address 0x57C…15491, has once again made headlines by transferring 1.6 million $ETHFI tokens, valued at $2.05 million, to Binance. This transfer comes just a week after the previous transaction, marking the latest in a series of significant token movements. Since April 1, when the […]
Addresses holding between 100 and 1,000 BTC have significantly increased their share of the circulating Bitcoin supply, now controlling 20.3%, or approximately 4.01 million BTC. This represents a 5% rise from the 3.82 million BTC held six months ago, indicating a growing trend of accumulation among large holders. Addresses holding […]
Ethereum has reached a four-month peak in network growth, with 126,210 new wallets created on a traditionally quiet Sunday. This surge suggests rising network utility and hints at potential price rebounds from the $2,200-$2,300 range. 📈 Ethereum has just hit a 4-month high in network growth, on a day (Sunday) […]
While many altcoins are still dipping, STRK appears to have found support as it continues to rise daily. It currently looks indecisive, but the landscape may change soon as it shows signs of strength. The last two weeks have been a tough period in the overall crypto space as most […]
After a short retracement, Avax resumed bearish and continued to show signs of weakness. While the volatility appears low this week, it is likely to resume pressure as soon as the selling volume increases. Avax’s overall market outlook is still strongly bearish on the monthly scale as it continued to […]
Polkadot’s market cap has decreased significantly since it initiated drops in March. Selling pressure currently appears low on the day as the price stalled at around $4 after resuming bearish two weeks back. Nothing much has changed over the past week as DOT continued to lose momentum on a daily […]
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
This week, political meme tokens gained significant traction, largely fueled by RFK’s endorsement of Donald Trump and the arrest of Telegram’s CEO. The most notable among them is ConstitutionDAO’s PEOPLE token, which has surged to a market cap of $327 million, leading the political meme coin movement. 💰 Political Meme […]
The Penpie hacker remains active, continuing to funnel stolen Ethereum through Tornado Cash despite being offered a white hat bounty. To date, the hacker has transferred 4,000 ETH, worth approximately $9.66 million, to Tornado Cash from address 0xd44. They still retain 7,263 ETH, valued at $17.9 million, in their known […]
DeFi continues to evolve with Aave’s recent expansion onto the Aptos blockchain, signaling a move beyond Ethereum Virtual Machine (EVM) compatibility. Aptos brings the promise of faster, cross-chain solutions tailored for high-performance transactions, setting the stage for Aave’s growth as stablecoin adoption gains momentum. “DeFi will eat finance” DeFi's evolution […]
Vitalik Buterin (@VitalikButerin) recently transferred 2.1 million $STRK, valued at $858.7K, to a new wallet just an hour ago. As a seed investor in Starknet, Vitalik has received the $STRK tokens over two unlocks. vitalik.eth(@VitalikButerin) transferred 2.1M $STRK($858.7K) to a new wallet 1 hour ago. Vitalik is a seed investor […]
The 1inch team continues to show strong confidence in their project by purchasing 7.96 million $1INCH tokens, valued at $1.75 million. This significant buy caused the price of $1INCH to break through $0.27, marking a rise of over 20%. As of 12:30 AM on September 5, 2024, the token’s price […]
The Tron ecosystem continues its steady expansion, with the number of unique $TRX holders reaching an impressive 111,111,065 as of August 26, 2024. This growing number of holders reflects increasing adoption and rising interest in Tron’s blockchain network. Along with $TRX, other tokens in the ecosystem like $BTT, $JST, and […]
While tokens on Tron and Solana struggle to reach a $2-3M market cap, Ethervista DEX is shaking up the Ethereum network with its explosive $VISTA token. In just four days, $VISTA’s market capitalization has surged to nearly $30M, outpacing its competitors. Its daily trading volume has hit an impressive $50M, […]
In a recent order issued by the U.S. Commodity Futures Trading Commission (CFTC), Uniswap Labs was fined $175,000 for offering illegal digital asset derivatives trading. This case specifically revolved around Bitcoin and Ethereum leveraged tokens that were deemed leveraged or margined commodity transactions. According to the CFTC, these tokens were […]
Addresses holding between 100 and 1,000 BTC have shown remarkable resilience amid recent market volatility. Over the past few months, these addresses have been steadily accumulating Bitcoin and now control 20.3% of the total circulating supply. This consistent accumulation highlights a strong belief in Bitcoin’s long-term value among significant holders. […]
Justin Drake from the Ethereum Foundation recently shared in an AMA that the foundation’s financial report is forthcoming. Currently, the foundation’s annual expenditure is around $100 million. With approximately $650 million held in ETH reserves and enough fiat reserves to sustain operations for about a decade, the foundation is well-positioned. […]