Cryptocurrency News
As decentralized finance (DeFi) continues to evolve, token unlocks have become a key event to monitor. These unlocks, where a portion of a project’s tokens are released into the market, can significantly influence price dynamics. However, the effect of these releases can be quite varied, highlighting the need for a […]
The overall market outlook is still very bullish for Sol in the long term as it managed to stay above the important $100 level during the correction. It currently gathers momentum while preparing for a massive explosion. So far, the crucial $120 level has stood well as threshold support for […]
As expected, BNB advanced higher in the past week and completed the bullish head-and-shoulder pattern on the daily chart. Yesterday, it broke out slightly but now sits at the neckline as the price sets for a big rally. This month’s bounce has restored the bulls’ hope after defending the $400 […]
Arthur Hayes, founder of BitMEX, has recently made significant moves in the crypto market by reducing his PENDLE holdings. Over the last four days, Hayes has deposited a total of 1.835 million PENDLE, valued at $6.57 million, to both Binance and Bybit. This reduction represents 87% of his PENDLE position, […]
According to recent on-chain reports, BitMEX founder Arthur Hayes (@CryptoHayes) has made a significant move by selling his PENDLE holdings and shifting his focus to ATH. Just 25 minutes ago, Hayes withdrew 30.89 million $ATH, valued at $1.92 million, from Bybit to his personal wallet, marking his largest single accumulation […]
Since 2021, the world of sports has seen a surge in crypto sponsorship deals, with soccer emerging as the clear leader. With 33 deals, soccer clubs like Manchester United, Chelsea FC, and Inter Milan were early adopters of crypto partnerships. Crypto companies have also made their mark on global soccer […]
The stablecoin market has grown exponentially, becoming a crucial component of the cryptocurrency ecosystem. From a modest $1 billion supply in 2018, the stablecoin market has expanded to over $160 billion by 2024. This massive growth underscores the critical role stablecoins play in providing liquidity, stability, and utility for numerous […]
The Base blockchain has experienced a meteoric rise, surpassing 2 million daily active addresses, outpacing other Layer 2 (L2) solutions. While the recent spike in activity is partly driven by airdrops and the introduction of $cbBTC, the main excitement seems to stem from the growing popularity of Basenames, Base’s equivalent […]
Six hours ago, a Galaxy Digital-associated address withdrew 9.03 million ENA tokens from FalconX, valued at approximately $2.56 million USD. 六小时前 Galaxy Digital 关联地址从 #FalconX 提出 903 万枚 $ENA ，价值 256 万美金 随着大盘反弹，ENA 币价近七日涨幅达 32.51%，现价 $0.2762📈 看能不能稳住到第二期空投发放的时候 钱包地址 https://t.co/zdToxqXkJA pic.twitter.com/VJ27bPTJ0T — Ai 姨 (@ai_9684xtpa) September 24, 2024 This move comes […]
Bitcoin’s correlation with gold has been steadily increasing, reaching its highest level since March 2024. This growing connection highlights Bitcoin’s evolving role as a hedge against macroeconomic uncertainty, particularly in times of recession fears and diminishing confidence in the U.S. dollar. Investors seeking a “safe haven” are turning to Bitcoin, […]
Ethereum continued to retrace higher after failing to advance lower this month. The price is approaching August’s high as it maintains a bearish daily. A break above this high could bring a small shift in the trend. The past week has been stunning for Ethereum as it increased by another […]
In just two weeks, Bitcoin recovered well and turned bullish after finding solid ground above $52k in the last leg down. It saw rejection and faces hurdles after posting a notable 10% gain near the $65k level in a week. Since last week, Bitcoin has moved higher following a strong […]
Pendle’s bearish trajectory has continued to suspend amid the latest price growth. This positive action has changed the market landscape as it currently leads the daily altcoin rally with 24% gains since yesterday. Pendle’s price action is still within the bearish zone on a mid-term but its market structure appeared […]
Recently, Chainlink unlocked 18.75 million $LINK tokens (valued at $215 million) from its non-circulating supply contracts. Of this amount, 18.125 million $LINK ($208 million) was transferred directly to Binance, while 625,000 $LINK ($7.18 million) was sent to a multisig wallet, 0xD50f. This unlock follows Chainlink’s established pattern of releasing tokens […]
The TON blockchain is now home to one of the fastest-growing stablecoins, with USDT leading the charge based on 30-day supply growth percentage. Over the past week, the total circulating supply of USDT on TON surged by 41%, surpassing the $1 billion milestone for the first time. This impressive growth […]
Arthur Hayes, the former BitMEX CEO, recently sold a significant portion of his PENDLE holdings despite previously forecasting the token to reach $10. According to on-chain data from @lookonchain, Hayes offloaded $4.4 million worth of PENDLE over the past two days, representing roughly 61% of his family office fund, Maelstrom. […]
According to data from CoinGecko, the United States led global interest in Real World Asset (RWA) tokenization in 2024, accounting for 14.8% of the narrative’s attention. Following closely were Indonesia and Türkiye, representing 10.1% and 8.0% of global interest, respectively. This growing enthusiasm highlights the increasing adoption of blockchain technology […]
Since the linear unlocking of WLD investors’ tokens began in late July, two bankrupt institutions—Three Arrows Capital (3AC) and Alameda Research—have been steadily selling their unlocked WLD holdings. Both firms were major investors in the token and have taken to liquidating their assets following their respective financial collapses. Three Arrows […]