As traders eagerly await a possible rebound in Bitcoin and the broader crypto market, three notable assets—Cardano (ADA), Quant (QNT), and Holo (HOT)—have seen a sudden spike in address activity. Historically, when coins experiencing a decline in value suddenly witness such activity increases, it often indicates a potential price bounce. […]
Tag: crypto
Bitcoin Sees Major Withdrawals As Large Holders Accumulate Amid Price Decline
This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoin’s price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]
$AAVE Surges As Top DeFi Token, Expands Revenue Streams Amid Market Growth
$AAVE, one of the leading DeFi tokens, is experiencing a notable surge, climbing 6% in the past hour. It’s been one of the top tokens accumulated by “smart money” over the last 24 hours, signaling strong interest from investors. Even during the bear market, $AAVE consistently generated over $1 million […]
Friend.tech Faces Uncertainty As $FRIEND Token Drops 40% Amid Smart Contract Renouncement
Once a top SocialFi project backed by tier 1 venture capital firm Paradigm, Friend.tech $FRIEND is now facing serious challenges. Today, the $FRIEND token experienced a significant drop of 40%, leaving investors increasingly concerned about the future of the project. The price decline comes on the heels of the development […]
Whales Accumulate $SUNDOG As It Gains Momentum Across Major Exchanges
Recent on-chain data from Lookonchain reveals that whales are increasingly accumulating $SUNDOG. In the past four days alone, three newly created wallets have withdrawn a significant amount of $SUNDOG from MEXC. Wallets labeled TEKzxy, TGNrkv, and TPXvFH were all created within the same timeframe and collectively withdrew 6.8 million $SUNDOG, […]
$MAGA Token Dominates DEXTools Amid Increased Accumulation By Smart Money
The $MAGA token, a leading force in the Politifi sector, is currently trending as the #1 token on DEXTools, even as buyers seize the dip opportunity. The biggest Politifi brand, narrative, and ticker, $MAGA, is trending #1 on DEXTools, even during a buy-the-dip opportunity. 🚀💰 pic.twitter.com/yPyqYzdn8s — $MAGA (@MagaHAT_ETH) September […]
Magic Eden Dominates Ordinals NFT Market With 61% Share And $1.79B Trading Volume
A recent study from CoinGecko has revealed Magic Eden as the top marketplace for Bitcoin-based Ordinals NFTs, commanding an impressive 61% market share. Our study shows Magic Eden is the top Ordinals marketplace, with a 61.0% share and $1.79B in NFT trading volume on Bitcoin YTD, more than doubling OKX's […]
Helium (HNT) Surges 18%, Defying Market Trends With Growing Ecosystem Momentum
Helium (HNT) has seen a remarkable surge of 18% over the past week, standing out in a period where most major cryptocurrencies faced losses. With HNT’s price climbing above $8.3, the token has demonstrated resilience and impressive performance against broader market trends. #CMCNews: Helium (HNT) has surged by 18% over […]
Chainlink (LINK) Hits Peak Social Media Buzz Of 2024 Amid Holder Decline
Chainlink (LINK) is experiencing its highest level of social media discussion in 2024. This surge in engagement, combined with a drop in the total number of holders, could signal positive potential if market conditions stabilize in the coming week. Currently priced at $10.22, LINK has dropped 18% since reaching a […]
August 2024 Layer 2 Report: Key Highlights And Trends
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), […]
Ether.fi Multi-Signature Address Transfers 1.6 Million $ETHFI To Binance Amid Steady Token Sell-off
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 […]
Bitcoin Accumulation Surge: Large Holders Control 20.3% Of Circulating Supply Amid Market Pressures
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 Hits 4-Month High In Network Growth Amid Whales’ Selling Activity
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) […]
STARKNET PRICE ANALYSIS & PREDICTION (September 8) – STRX Poises For A Reversal As It Faces This Minor Resistance
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 […]
POLKADOT PRICE ANALYSIS & PREDICTION (September 6) – DOT Consolidates at $4 As It Signals A Potential Surge In Volatility
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 6) – BNB Sits Above $500 After Two-Week Drops, Will It
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 […]
Political Meme Tokens Surge Amid Debate And RFK Support
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 […]
Aave Expands On Aptos As Whales Withdraw Millions Of $AAVE From Binance
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 […]