The TON blockchain has finally resumed operations after a grueling 6-hour downtime, caused by network congestion triggered by the distribution of DOGS tokens. The overload led to validators becoming overwhelmed, resulting in a loss of consensus. NEWS: @ton_blockchain is back online after nearly 6 hours of downtime, and block production […]
Tag: altcoin
Alameda Research Offloads $WLD Tokens, Repaying Creditors Amidst Financial Woes
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1.13M, to Binance at an average price of $1.622. This move is likely an effort to repay creditors amidst […]
Solana Soars: Breaking Barriers And Defying Expectations
Solana’s price is on the cusp of a significant breakthrough, having briefly touched $161.9 before retracing to $157. According to analyst Ali Martinez, this movement may be indicative of an Adam & Eve pattern, hinting at a potential surge to $164. If Solana clears this resistance, a staggering 33% increase […]
Token Supply Dynamics: Uncovering Hidden Gems And Future Projections
In the ever-evolving world of cryptocurrency, understanding token supply trends is crucial for making informed investment decisions. Our analysis delves into the tokens that have experienced the most significant supply increases over the past month and year, as well as those poised for substantial growth in the coming weeks. Recent […]
THORCHAIN PRICE ANALYSIS & PREDICTION (August 18) – Rune Faces Rejection After Testing $4, Can It Overcome This Key Level?
After providing bigger discounts for long-term accumulation earlier this month, Rune increased for two weeks and tested a key level today. It saw a rejection and turned weak, looking poise for a drop on the day. Rune’s bearish structure remains intact on the daily timeframe, although it has been showing […]
Aptos Network Sees Record Transaction Surge As Ecosystem Thrives In 2024
On August 13, the Aptos network experienced an unprecedented surge in user activity, with transaction numbers skyrocketing to 51.6 million—a staggering increase of over 3,570% from the previous day. This marked the highest transaction count since May 25, 2024. Additionally, the network’s User TPS (Transactions Per Second) hit 14,300, the […]
Whale Activity Signals Shifts In Blast Network Amid Rapid Growth And Challenges
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 […]
Over $1 Billion In USDT Withdrawn: What It Means For The Crypto Market
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 […]
Crypto Market Prepares For $230 Million Token Unlocks This Week
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’s USDe Stablecoin Fuels High Yields Amid Price Volatility
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 […]
DWF Labs’ $20M Cloudbreak Fund Gains Momentum With 90+ Projects In Just Four Weeks
DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ […]
SUI PRICE ANALYSIS & PREDICTION (August 9) – SUI Signals Bullish Following A 30% Surge But Yet To Break Bearish Structure
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost […]
Alameda Research Begins $WLD Deposits Amidst Ongoing Debt Settlement
Alameda Research has recently initiated the transfer of its $WLD tokens to centralized exchanges (CEX). Approximately nine hours ago, the company made its first significant move by sending 205,387 $WLD tokens, valued at $352,000, to Binance. This transaction occurred after Alameda vested the tokens from Worldcoin, which were acquired a […]
New MEMEcoin $RTR Sees Insider Profits Soar While One Trader Faces Major Losses
Within just 24 hours of its creation, the new MEMEcoin $RTR has already generated significant activity in the crypto market. In a surprising turn of events, five newly created wallets, suspected to be controlled by insiders, earned over $4 million in just six hours. These five wallets collectively spent approximately […]
Bitcoin Surges Past $60,000 As Major Institutional Moves Unfold
In a significant market development, Bitcoin has surged past the $60,000 mark, signaling renewed investor enthusiasm. Recent data highlights notable institutional activity surrounding the cryptocurrency, particularly involving Cumberland and Tether Treasury. Over the past 24 hours, Cumberland has received $73 million in USDT from Tether Treasury. This influx is part […]
RIPPLE PRICE ANALYSIS & PREDICTION (August 9) – XRP Explodes 25% To Reclaim July’s High, Poise For A Break-Up
After undergoing eight months of decline, Ripple found support and regained strength. The market is currently bullish on the daily chart following a 50% increase this week but is yet to break out of the structure. The past month of trading saw XRP through its highest buying volatile period since […]
Synthetix Founder Unlocks $6.5M, Donates $86K To Former Treasurer SynthaMan
On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge. SynthaMan had posted a message two days ago stating that he lost all his crypto assets due […]
Solana Surges 7.5%, Outpacing Other Altcoins
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. 📈 Solana has been making some separation against other altcoins, surging +7.5% […]