Tag: crypto

Market Analysis

LITECOIN PRICE ANALYSIS & PREDICTION (August 18) – LTC Continues Retracement Amid Bearish, Recovers 10% Weekly

While most altcoins took a slight downturn this week, Litecoin’s price remained strong and showed signs of strength daily. It seems to have reached a rejection point, where a fresh drop may occur. Litecoin’s market structure is still bearish on the daily chart following a lower low and lower high […]

Crypto, News

Massive $ETHFI Transfer Hits Binance As Airdrop Data Unveiled

In recent developments, EtherFi, Renzo, and AltLayer have collectively airdropped approximately $5 million in tokens to EigenLabs employees, according to CoinDesk. The airdrop figures reveal significant token distributions across these platforms, which have also seen notable trading activity. EtherFi distributed 10,491 $ETHFI tokens to each of 44 addresses, amounting to […]

Crypto, News

DeFi Embraces Real-World Assets With $3.74 Billion In TVL

As of August 2024, the integration of Real-World Assets (RWA) into decentralized finance (DeFi) has surged to $3.74 billion in total value locked (TVL), highlighting the growing connection between DeFi and traditional financial systems. One of the most transformative innovations brought by blockchain technology is tokenization. This process converts ownership […]

Crypto, News

AAVE’s Growth Surge: Dominating The Lending Sector And Preparing For Major Upgrades

In the past month, the total supply of $AAVE on exchanges has dropped by approximately $18.4 million, signaling a notable shift. Simultaneously, some high-profile wallets have accumulated substantial amounts of $AAVE, indicating increased confidence from smart money investors. The total supply of $AAVE on exchanges have decreased by ~$18.4m over […]

Crypto, News

Smart Money And Smart Dex Traders Re-Accumulate $wQUIL As Prominent Wallets Make Strategic Moves

The $wQUIL token has recently garnered significant attention, ranking among the top five assets accumulated by Smart Money over the past 24 hours. Additionally, Smart Dex Traders have increased their $wQUIL holdings by 3%, with a net decentralized exchange (DEX) volume of over $121,000. iCrypto has identified three prominent wallets […]

Crypto, News

Ethereum Layer 2 Sets Record With 12.42 Million Transactions, Driven By Memecoin Mania

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? 🔔Ethereum Layer […]

Crypto, News

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 […]

Crypto, News

Bitcoin’s Market Dynamics: Large Wallets Shift To Accumulation Amid Inflation Data

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. […]