Cryptocurrency News
Worldcoin ($WLD) has emerged as a dominant force within the Optimism ecosystem, showcasing remarkable growth over the past year. The number of unique addresses holding $WLD skyrocketed from 477,000 in August 2023 to a staggering 4.7 million by August 26, 2024. This rapid expansion highlights a strong surge in community […]
Amid recent price falls, Litecoin regained strength after locating support this week. This puts the asset in a 4% gain with a traded volume of $331 million in the last 24 hours. Still, it remains bearish on the mid-term. Two weeks ago, Litecoin rejected the $70 level after recovering nicely […]
The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which […]
According to Lookonchain, Ethereum co-founder Vitalik Buterin made a notable transaction today, transferring 800 ETH, valued at approximately $2.01 million, to a multi-signature wallet. He then exchanged 190 ETH for 477,000 USDC. Buterin has previously stated that he hasn’t sold ETH for personal gain since 2018, opting instead to donate […]
Ripple’s recent strategic alignments with major banks and the potential adoption of its new stablecoin, RLUSD, could signify a transformative moment for XRP’s growth. As Ripple positions itself within the stablecoin market, its latest developments hint at a promising future for both the company and the broader XRP ecosystem. Ripple […]
Kamino Lend has reached a major milestone, generating a total of $26 million in interest for its lenders. This achievement underscores the platform’s growing popularity and the robust returns it offers to users. The majority of the interest earned on Kamino Lend comes from two key assets: USDC and SOL. […]
In a notable transaction, the Ether.fi multi-signature address 0x57C…15491 recently transferred 1.48 million $ETHFI tokens to Binance. This address, associated with Ether.fi, received 10 million $ETHFI tokens from the project on April 1, 2024. The recent transfer is part of a broader pattern of activity, as the same address has […]
Following several bounces off crucial support in the past months, Sol faced tough resistance again and began to lose traction. The price is currently on the verge of breaking through a three-week support. This month’s trading has been quite interesting as Sol bounced sharply from a dip but things turned […]
Gala’s market structure is still looking bearish on the daily chart but the trading landscape might change soon as it recently revisited a local bottom. A surge above the previous high could activate a reversal. As several altcoins post losses today, Gala remained strong as it resumed buying after finding […]
Institutional investors, also known as smart money, have identified RCO Finance (RCOF) as a more promising investment compared to mainstream players like Cardano (ADA) and Avalanche (AVAX). As these larger coins grapple with various uncertainties and market fluctuations, RCOF emerges as a compelling alternative with potential outsized gains. This shift […]
BNB Chain Launches New Cross-chain Bridge As SHIB Gets Warning, Intel Market Set To Impact Perpetual Futures Trading BNB Chain has released a new cross-chain bridge. The aim is to improve blockchain interoperability. Also, Shiba Inu’s marketing lead has asked investors to carry out due diligence before investing in any […]
Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute 的 Lido […]
BlackRock has officially announced the launch of a spot Ethereum ETF in Brazil, which will be traded on the B3 stock exchange under the ticker ETHA39. This development underscores the growing global interest in cryptocurrencies, signaling that digital assets are becoming an increasingly important part of the financial landscape. The […]
Bitcoin surged to a high of $61.2K today, coinciding with a bounce in the S&P 500. While it’s debated whether crypto is leading the equities market or the other way around, the strong correlation between the two is undeniable. Historically, Bitcoin tends to break out when its correlation with equities […]
Solana’s staking ecosystem is gaining significant attention, with several major exchanges announcing the launch of Liquid Staking Tokens (LSTs) on the Solana blockchain. Bybit recently revealed the upcoming release of bbSOL, a liquid staking token that users can obtain by staking SOL on Bybit Web3. Following Bybit’s lead, both Bitget […]
Polygon, one of the networks experiencing a downturn since the broader crypto retrace began in March, may be on the verge of a turnaround. Recent on-chain activity suggests that a reversal for $MATIC could be brewing. Notably, spikes in active addresses and dormant coin movements, which often precede price rebounds, […]
Investors Flock to Pawfury: 100 Million PAW Tokens Sold, $5.6 Million Raised in Record-Breaking Presale Pawfury, the latest sensation in the cryptocurrency world, has just shattered expectations with its presale, selling 100 million PAW tokens and raising a staggering $5.6 million in record time! This explosive growth is creating a […]
Exploring Top Altcoins of September 2024: The Rise of BlockDAG Presale, Tron, and Cardano The crypto universe is on the brink of a breakthrough as the consolidation phase winds down, heralding a bullish wave. Amidst this exciting pivot, Cardano is catching the eye with its bustling network activity, hinting at […]