Cryptocurrency News
In an unexpected turn of events, Ethereum’s Layer 2 ecosystem recently hit a record-breaking 12.42 million transactions in a single day, largely fueled by the surging popularity of memecoins. Who could have imagined that digital coins based on memes would push Ethereum’s scalability solutions to such unprecedented heights? đź””Ethereum Layer […]
In a major move within the Blast Network, two addresses—likely controlled by the same whale—recently redeemed 6,197 ETH from the Blast cross-chain, transferring the entire sum, valued at $17.04 million, into Binance within the last hour. This whale, known for their significant contributions to the Blast ecosystem, initially invested 39,886.1 […]
Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily […]
Yesterday, the crypto market witnessed a significant event: over $1 billion in USDT was withdrawn from exchanges, marking the largest outflow of Tether since May. While large deposits on exchanges are often seen as bullish, signaling that investors are preparing to buy assets, withdrawals can be more complex and open […]
Since Bitcoin’s all-time high (ATH) in March, the cryptocurrency market has seen significant supply distribution across all wallet sizes. However, recent trends indicate a shift, particularly among the largest wallets—often linked to exchange-traded funds (ETFs)—which are now returning to accumulation mode. This trend reversal suggests growing confidence among major holders. […]
Jump Trading, a major player in the cryptocurrency space, might be gearing up for a significant Ethereum sell-off. Just an hour ago, the firm unstaked 17,049 ETH (valued at $46.5 million) from Lido and transferred the funds to the selling address “0xf58.” This move has sparked speculation that a large-scale […]
Getting started on the Tron network can be a daunting task for new users, primarily due to the requirement of TRX tokens to pay for gas fees and activate new accounts. This necessity adds a layer of complexity and cost that might deter those unfamiliar with blockchain technology from diving […]
Best 4 Cryptos to Buy Now Before Prices Jump – High ROIs Expected Looking for a good crypto investment? Experts believe some digital currencies are set to grow a lot before the market picks up again. Buying when the market is down means getting assets at lower prices, which could […]
After closing last week’s trading above a crucial resistance line, SUI advanced buying this week and reached a new milestone after two months of trading. It signals a bullish move but is currently down on the day. Lifting off the $0.46 level last week, Sui increased by over 100% and […]
In continuation of the recent recovery, Toncoin tapped a month high with a 14% surge overnight. The price may explode massively as it poises for a breakout following a new bullish formation on the daily chart. Following last week’s bounce in Bitcoin’s price that triggered a recovery amongst many altcoins, […]
Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, […]
Following a sharp bounce off the lower boundary of a long descending channel last week, Chainlink revisited its previous monthly low but is now stalled due to low volatility. It may resume bearish if supply rises. Starting the third quarter a bit strong, Chainlink later turned weak and began to […]
Aave, one of the leading decentralized finance (DeFi) protocols, has experienced a notable 28.83% increase in short-term traders over the past month, signaling a surge in new users and speculators. This influx reflects growing interest in Aave, as more participants enter the market to capitalize on short-term opportunities. $Aave saw […]
The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
Ethena Protocol has been making waves in the DeFi space by offering users high yields through its innovative stablecoin, USDe. This is achieved by holding specific assets like stETH or BTC and simultaneously shorting an equivalent amount in the perpetuals market, creating a unique mechanism for generating returns. However, the […]
A significant player in the crypto world, known as cookislandstrust.eth (icrypto.ai/wallet/0x315e7…), has recently made substantial investments in $PEPE, continuing to capitalize on market dips. On August 5, 2024, this whale investor seized the opportunity during a market downturn, spending $2.15 million to acquire 300 billion $PEPE tokens at an average […]
Mark your calendars for August 13 at 00:00 UTC, as @elonmusk and @realDonaldTrump are set for an intriguing conversation. Events like this, featuring such influential figures, can often spark the creation of new meme-driven cryptocurrency pools. Currently, several memecoins related to these two powerhouses are making waves on iCrypto.ai. Here’s […]
Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly […]