Cryptocurrency News
The 1inch team continues to show strong confidence in their project by purchasing 7.96 million $1INCH tokens, valued at $1.75 million. This significant buy caused the price of $1INCH to break through $0.27, marking a rise of over 20%. As of 12:30 AM on September 5, 2024, the token’s price […]
The Tron ecosystem continues its steady expansion, with the number of unique $TRX holders reaching an impressive 111,111,065 as of August 26, 2024. This growing number of holders reflects increasing adoption and rising interest in Tron’s blockchain network. Along with $TRX, other tokens in the ecosystem like $BTT, $JST, and […]
While tokens on Tron and Solana struggle to reach a $2-3M market cap, Ethervista DEX is shaking up the Ethereum network with its explosive $VISTA token. In just four days, $VISTA’s market capitalization has surged to nearly $30M, outpacing its competitors. Its daily trading volume has hit an impressive $50M, […]
In a recent order issued by the U.S. Commodity Futures Trading Commission (CFTC), Uniswap Labs was fined $175,000 for offering illegal digital asset derivatives trading. This case specifically revolved around Bitcoin and Ethereum leveraged tokens that were deemed leveraged or margined commodity transactions. According to the CFTC, these tokens were […]
Addresses holding between 100 and 1,000 BTC have shown remarkable resilience amid recent market volatility. Over the past few months, these addresses have been steadily accumulating Bitcoin and now control 20.3% of the total circulating supply. This consistent accumulation highlights a strong belief in Bitcoin’s long-term value among significant holders. […]
Justin Drake from the Ethereum Foundation recently shared in an AMA that the foundation’s financial report is forthcoming. Currently, the foundation’s annual expenditure is around $100 million. With approximately $650 million held in ETH reserves and enough fiat reserves to sustain operations for about a decade, the foundation is well-positioned. […]
Today appeared calm across the crypto market as most altcoins see a minor daily gains. But Ripple’s trend is still looking weak due to a 4% decrease in a week. It may break below a multi-week support shortly. The sentiment for XRP remains positive on the macro level, although the […]
Continuing the bearish momentum, Sol’s price dipped near a key support level this week but quickly recovered. It is currently in the middle of consolidation, gathering momentum for the next major move. Sol closed last month’s trading very weak after failing to push above the $164 level. This led to […]
TRX is now undergoing a retracement after posting an impressive gain last month. However, it may resume buying as its overall market outlook remains bullish monthly following a 200% increase in the past year. Tron’s bullish trajectory has remained technically valid from a long-term scale despite past months of bearish […]
Fetch.AI (FET) is showing signs of strong investor interest and increasing on-chain activity despite recent market fluctuations. Currently, 48% of wallets holding FET are in profit, while 43% are in loss. This demonstrates a balanced but resilient market for the token. Over the past week, transactions involving amounts over $100,000 […]
The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) […]
In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, […]
The TON blockchain has reached a significant milestone, surpassing 1 billion transactions—a testament to the network’s rapid growth and increasing adoption. This achievement comes shortly after TON accomplished its ambitious goal of integrating USDT across more than 100 platforms, a target set earlier this year. TON recently achieved the ambitious […]
On August 31, 2024, cumulative daily DEX volume across all chains dropped to $2.58 billion, marking its lowest level since February 4. This significant decline highlights a sharp downturn in on-chain activity, raising concerns about the current state of decentralized exchanges (DEXs). 🚨Report: On August 31, 2024, cumulative daily DEX […]
The platform coin $VISTA made headlines after an astounding surge of 435 times following its online debut. This meteoric rise has placed $VISTA at the forefront of Ethereum’s ecosystem, even propelling the Ethereum main network’s 24-hour gas consumption to the top spot. Ethervista, the platform behind $VISTA, has also outpaced […]
As the new trading week kicks off, several cryptocurrencies have seen a notable rise in social volume, driven by various discussions and community activities. Bitcoin ($BTC) is at the forefront, with significant chatter centered around the challenges currently facing bitcoin miners. Conversations are also focused on potential price dips and […]
Bitcoin traders on Binance are showing a slight bullish inclination, with 51.79% currently holding long positions on $BTC. However, caution is in the air as a recent observation on Bitcoin’s two-month chart by analyst Ali Martinez highlights a potential trend reversal. The Stochastic RSI has shifted from bullish to bearish, […]
The noticeable drop in whale activity across major cryptocurrencies has been evident in recent months. For Bitcoin and Ethereum, peak weeks for transactions over $100,000 reveal a significant reduction in whale engagement. For Bitcoin, whale transactions peaked at 115,100 during the week of March 13-19, 2024. By the week of […]