Cryptocurrency News
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 […]
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 […]
Vitalik Buterin, the renowned Ethereum founder, recently made headlines by selling off a collection of memes he had accumulated over the past year, including the $Neiro token. This move has significantly impacted the $Neiro market, leading to a remarkable 700% surge in the token’s value. $NEIRO Price Settles Down Since […]
In recent activity, 36.78 million BLUR tokens, valued at approximately $5.64 million, were unlocked and moved from the Blur unlocking contract to the 0x0A0 multi-signature address five hours ago. Following this, the 0x0A0 address conducted a small test deposit to Coinbase Prime. This move indicates that the BLUR tokens will […]
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 […]
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 […]
Despite challenging market conditions, $BANANA has seen a remarkable 50% increase in value over the past five days. This surge comes as a significant transaction was made just a few hours ago, where 25,000 $BANANA tokens, worth approximately $1.11 million, were sent from a Galaxy Digital (@galaxyhq) address to Binance. […]
Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash. The recent price recovery from a monthly low of $110 appeared to have […]
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily. Last week, BNB bounced sharply off a key price level after witnessing a crash. […]
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 $121,000. iCrypto has identified three prominent wallets […]
VOW token experienced a dramatic 80% drop following a technical mishap involving the USD rate setter function of the V$ contract. The incident occurred as the development team was testing this function, which is critical for minting V$ for new lending pools and oracle functions. During testing, the team adjusted […]
On August 13, the Aptos network experienced an unprecedented surge in user activity, with transaction numbers skyrocketing to 51.6 million—a staggering increase of over 3,570% from the previous day. This marked the highest transaction count since May 25, 2024. Additionally, the network’s User TPS (Transactions Per Second) hit 14,300, the […]
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 […]
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 […]
Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily […]
Yesterday, the crypto market witnessed a significant event: over $1 billion in USDT was withdrawn from exchanges, marking the largest outflow of Tether since May. While large deposits on exchanges are often seen as bullish, signaling that investors are preparing to buy assets, withdrawals can be more complex and open […]
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. […]
Jump Trading, a major player in the cryptocurrency space, might be gearing up for a significant Ethereum sell-off. Just an hour ago, the firm unstaked 17,049 ETH (valued at $46.5 million) from Lido and transferred the funds to the selling address “0xf58.” This move has sparked speculation that a large-scale […]