Cryptocurrency News
MakerDAO has achieved an impressive milestone, marking five consecutive quarters of revenue growth. Despite this, $MKR continues to trade at historical price-to-sales (P/S) lows, making it an enticing prospect for investors. The anticipation surrounding the rebrand and launch of NewStable further solidifies $MKR as a token too cheap to ignore. […]
July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token […]
This month, Aave V3 saw a dramatic spike in liquidations, with $10 million liquidated in a single day, the highest amount since April. This surge in liquidations has contributed to a downward spiral in asset prices, as the selling pressure from these liquidations exacerbates market declines. $10M was liquidated in […]
While several altcoins have recorded a heavy loss in the past months with some trading back at their bottom, OM traded well above a key price level for three months and resumed bullish. During the past months of the clampdown, OM saw little reduction compared to other cryptocurrencies that recently […]
According to data from iCrypto.ai, there is significant buying pressure from Smart Money for $MOCA. The Moca_Network token began trading at 12:00 UTC+0 yesterday on prominent exchanges including Bybit, Gate, Uniswap, Bitget, and Kucoin. Notable activities observed by iCrypto include strategic airdrops and substantial deposits. One wallet, 0xe0de, received an […]
As the trading start of the ETH ETF nears, institutional interest in Ethereum is set to rise. On-chain reports indicate significant accumulation of Ethereum ecosystem tokens by whales and institutions. A recent activity highlights aavebank.eth withdrawing a substantial amount of tokens from Binance, including 21,027 $AAVE ($1.98M), 205,493 $UNI ($1.62M), […]
One hour ago, wallet 0x3dfe (icrypto.ai/wallet/0x3dfed…) withdrew 2.5 million $RNDR, valued at $14.96 million, from OKX and transferred the entire amount through Wormhole to swap to the Solana chain just 10 minutes ago. This significant movement occurs in the context of $RNDR undergoing a migration to $RENDER. The token migration […]
$ENA is currently not looking promising, with its price approaching the next support level of $0.30 amidst persistent bearish trends. Despite this, there is anticipation for a reversal, as Ethena holds the potential to excel during the upcoming bull market, having seen 140% gains in the previous rally. $ENA is […]
A recent cyber alert has detected multiple suspicious transactions involving the @DoughFina account. Following communication with the AAVE team, it has been confirmed that AAVE pools remain unaffected by these activities. The attacker, who was funded through Railgun, managed to swap all the stolen $USDC into $ETH, resulting in a […]
In the ongoing market recovery, Cardano has increased by roughly 16% in the past week of trading but the trend remains bearish on the monthly outlook. It may resume selling pressure if the supply level increases. Cardano has technically suspended selling pressure for more than a week and as we […]
Breaking down from a three-month range bound last week, Ripple’s XRP saw a sharp rejection and retraced back in the range. The price looks strong following a 3% gain but is currently facing resistance. Following a lower low and lower high movement in a month, XRP fell sharply below a […]
In a significant development for the XAI project, an address associated with the project’s owner (0xe4d…c6FeF) transferred 11.01 million XAI tokens to GSR Markets. These tokens, valued at $3.89 million, have now been deposited into Binance. This address had previously received 37.34 million tokens on January 8, 2024, prior to […]
In just over a month since its launch, $PEIPEI has established itself as a powerhouse in the memecoin sector, even amidst recent market volatility. With over 25,000 holders, the “Chinese Pepe” has surged past the $100 million market cap, demonstrating its strong appeal and resilience. $PEIPEI has quickly ascended to […]
This morning, the $TRUMP token made a notable comeback in the portfolios of Smart DEX Traders. The resurgence follows widespread news reports that U.S. presidential candidate Donald Trump will speak at the 2024 Bitcoin Conference, sparking renewed interest in both $TRUMP and $MAGA tokens. OFFICIAL: 🇺🇸 DONALD TRUMP TO SPEAK […]
The Ethereum-based memecoin $PEPE (@pepecoineth) is making waves in the crypto world, positioning itself as a top beta play with the anticipated launch of a spot Ethereum ETF. Despite the broader market decline, $PEPE has seen record growth, surpassing 255,000 token holders, a testament to its increasing popularity and investor […]
Solana’s bias looks technically bullish daily following a recent bounce back, but the price is currently stuck under a key resistance. Failure to break above this price level could lead to another notable sell-off. Despite the latest increase in the global market cap, Sol remained calm and showed signs of […]
An additional 2% gain in the past 24 hours has sustained BNB’s bulls in the latest recovery. While it traded in a green zone over the past few days, the trend remains bearish daily with no signs of reversal yet. Breaking lower this month, BNB found support after rejecting the […]
Today, Binance, the world’s largest crypto exchange, announced its support for the $RNDR token swap to $RENDER, with a 1:1 conversion ratio. This development solidifies $RENDER as a true Solana ecosystem coin, potentially setting the stage for significant growth with Solana Breakpoint as a major catalyst. 🚨BREAKING: @binance, the world's […]