Cryptocurrency News
Ethereum’s derivatives market has seen significant growth, thanks to the rise of Layer-2 solutions, which have drastically reduced transaction fees that once held back the sector. This cost reduction has paved the way for a surge in derivatives protocols, driving impressive gains in the market since the beginning of the […]
Bitcoin recently reached a new all-time high, but key indicators suggest the rally might still have room to grow. The MVRV (Market Value to Realized Value) ratio shows Bitcoin isn’t yet overvalued; its price remains close to the cost basis for traders, indicating that the market isn’t overheated. Bitcoin’s new […]
In the wake of Donald Trump’s recent election win, decentralized finance (DeFi) tokens, particularly Uniswap ($UNI) and Lido DAO ($LDO), are seeing notable gains as investor sentiment turns positive. Both tokens, which previously faced scrutiny from the U.S. Securities and Exchange Commission (SEC) with Wells Notices indicating possible regulatory action, […]
The token generation platform, Pump.fun, has reached an impressive milestone, creating a record 3 million tokens. Since its launch, token creation has averaged seven new tokens per minute, underscoring the platform’s popularity and the relentless activity on Solana. Within just the past five days, Pump.fun’s transaction fee revenue surged, resulting […]
Uniswap’s governance token, UNI, saw a 22% price increase over the past 24 hours, driven by significant transfers from early investors. A key wallet recently deposited UNI worth $20.59 million to Coinbase, suggesting investors may be taking advantage of the price surge to cash in on holdings. Since September 2024, […]
October 2024 data highlights CryptoPunks’ impressive grip on the NFT market, commanding a substantial 30.9% share and solidifying its lead among the top NFT collections. CryptoPunks has held this dominant position since overtaking Bored Ape Yacht Club (BAYC) in May 2023, underscoring its staying power in a highly competitive space. […]
Bitcoin’s appeal as “digital gold” is captivating institutional investors, reinforcing its status as a straightforward, inflation-resistant asset. This growing interest has intensified Bitcoin’s dominance over Ethereum, whose focus on decentralized finance (DeFi) attracts a more niche audience. The market cap ratio of ether to bitcoin has plunged to 24.52%, its […]
Bitcoin’s market value has reached an all-time high of $75,000, driven by the momentum surrounding the U.S. election night. As election results started to show a lead for Donald Trump, a perceived pro-crypto candidate, Bitcoin saw a rapid surge in both price and positive sentiment. Across social media, comments are […]
Solana ($SOL) is making headlines with a strong rally, surpassing $180 and solidifying its position as one of the top players in the cryptocurrency world. Recently, $SOL overtook Binance Coin (BNB) to claim the 4th spot in market capitalization, marking a significant milestone in Solana’s growth trajectory. #Solana ($SOL) has […]
The last 48 hours have seen ENA through another milestone after pausing buying actions for a month. It resumed bullish this week and now leads the daily altcoins rally with a 30% surge since yesterday. From a short-term perspective, ENA has recovered well from its two-month low but it seems […]
After a short break in buying, Ray regained momentum and exploded massively to a multi-year high. Bringing the bulls back in action, it has activated long-term buys following an over 200% increase since last month. Following a bullish reversal pattern that led to a break above the key $2 level […]
Last week, Sol experienced a serious correction and dipped under $160. Surprisingly, it bounced back after finding support this week and is now looking strongly bullish following a sudden 15% surge. Looking back from where the price picked from the $120 level in September, Sol’s performance has been highly impressive […]
As the crypto market turns down ahead of the upcoming US elections, Ethereum shows strength today as it bounced off a key level overnight. It remains weak on the day while the bulls are trying to come back. Following several attempts to come back in the past months, Ethereum struggled […]
Bitcoin’s bias remains bullish in the short term but has briefly lost buzz due to the recent drops. However, it appeared to have found temporal support but still looks weak as it follows negative sentiment daily. Bitcoin surprised many traders during last month’s trading as it exploded massively close to […]
In October, Solana set a record with 123 million active addresses, a remarkable 42% increase from September’s levels and a significant leap from just 12.7 million at the start of the year. Solana's active addresses reached a record high of 123 million in October, marking an increase of over 42% […]
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars In a remarkable turn of events, the $TON blockchain has seen its USDT holdings skyrocket from just $130 million in May 2024 to over $1.02 billion—an astonishing increase of 670% in just six months. This surge […]
As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]
As Ethereum ETH hovers around $2,458.51, an analysis of address profitability reveals that a significant majority of holders are in the money. Currently, there are approximately 59.08 million ETH held by addresses in profit, accounting for around 79.92% of total addresses. Conversely, about 14.62 million ETH addresses are facing losses, […]