Cryptocurrency News
CORE has solidified its position as the leading Bitcoin sidechain, boasting an active DeFi ecosystem with 46 protocols and a total value locked (TVL) exceeding $600 million. 🟠@Coredao_Org Total Value Locked Overview With a buzzing ecosystem of 46 DeFi protocols, CORE has emerged as the dominant #Bitcoin sidechain. Since […]
Bitcoin’s recent performance has been impressive, with its price climbing over 8% to break the $73,000 mark. This rally has been fueled by factors like strong inflows into spot ETFs, renewed monetary easing across major economies, and growing optimism for crypto-friendly policies under a potential Donald Trump presidency. QCP: The […]
Crypto researcher Justin Bons has stirred debate by declaring Ethereum “cooked,” suggesting it may be sliding into irrelevance like Bitcoin. Bons criticized Ethereum’s reliance on Layer 2 (L2) solutions, arguing that the primary Layer 1 (L1) base is being neglected. This hot take quickly polarized the community: some labeled Bons […]
Yesterday, the STEP project executed its final planned token burn for 2024, incinerating 49.6 million STEP tokens—equivalent to 12% of the total supply. This burn involved tokens accumulated over the past four months, with approximately 51 million STEP purchased from the open market through strategic buybacks. Following this burn, the […]
According to Ember CN, a major investor who accumulated 160,710 AAVE at a low of $89 per token during June-August has started to take profits. Approximately 40 minutes ago, the whale transferred 19,592 AAVE, worth around $3.02 million, to Binance, signaling the start of a potential exit strategy. Currently, the […]
Cardano’s Network Value to Transactions (NVT) ratio has recently spiked to its highest level since June, signaling a concerning trend: on-chain activity has slowed relative to ADA’s price growth. This heightened NVT ratio is often viewed as a classic sign of overvaluation, and it’s particularly noteworthy in light of ADA’s […]
The journey of WazirX, India’s top crypto exchange, took a dramatic turn on July 18, 2024, as hackers breached its multi-signature wallet, stealing around $235 million—nearly 45% of the platform’s reserves. Cyvers Alerts initially detected the intrusion, where the attackers exploited WazirX’s wallet, which required four out of six signatures […]
Bitcoin has soared past the $70,000 mark for the first time in over seven months, driven by robust spot ETF inflows totaling nearly $1 billion over the past week. The latest rally has ignited excitement not only in the crypto market but also in crypto-related equities, with companies like IREN, […]
As cryptocurrency integrates deeper into the financial mainstream, Ethereum (ETH) has evolved beyond a digital asset to a favored choice among institutional investors. Grayscale’s dominance in Ethereum-based exchange-traded funds (ETFs) is particularly notable, with its ETHE fund controlling a substantial 56.98% share of the Ethereum ETF market. Grayscale’s 1,606,070 ETH […]
Following a slight pullback in the past week, BNB resumed bullish and traded back in a crucial resistance zone. This brought some notable gains, but whether the price will break out is unknown. The $600 and $618 levels have remained a crucial resistance zone for BNB, preventing major upward movement […]
Over the past week, Ethereum initiated another drop and lost some key levels as it rolled back near the monthly low. The crypto outlook changed and the market turned bearish while remaining trapped in a range. As ETH continues to gather momentum, its market structure becomes tighter on the weekly […]
After experiencing a little setback due to a drop from around $69,500, Bitcoin ended last week’s trading a bit strong as it formed a new bullish pattern. The price is up 1% today following the latest recovery. From a technical standpoint, Bitcoin’s landscape has changed to the upside in the […]
In the cryptocurrency space, each project has a distinct approach to token distribution, reserves, and investor relations. By examining the tokenomics of $TIA, $SUI, $ARB, and $OP, we can better understand how these projects aim to create sustainable ecosystems and manage circulating supply effectively. Unlocked Allocation Each project uses unlocked […]
In a recent study by CoinGecko, Cosmos emerged as the blockchain offering the highest staking yield, rewarding participants with up to 18.5% returns. This high yield comes with a staking ratio of 59%, reflecting significant community involvement, as approximately 248.8 million $ATOM tokens are currently staked. Cosmos’s robust staking appeal […]
Ethereum’s recent price drop to as low as $2,380 on Friday has prompted a notable increase in whale activity, reaching a six-week high. Historically, such spikes in whale transactions indicate accumulation by key stakeholders with significant capital. While this does not guarantee an immediate price rebound, it is a positive […]
Switching from buying to selling in a week, Avax dipped below a crucial support line and turned weak again. While it has managed to hold above the monthly low, a further break below could lead to a bigger sell-off. Following August’s bounce that brought positive sentiments back into the market, […]
Amidst this week’s drops, TON lost almost 5% of its value to test a key support level. However, the price has recovered briefly in the past hours but its bearish trajectory is still intact from a short-term perspective. Unlike many altcoins, which have recovered significantly from their local bottom over […]
Following a fresh breakdown this week, NOT lost a key holding support and resumed bearishness after failing to reverse the trend. It is currently down by more than 10% today, charting major losses on the day. In September, Notcoin suspended bearish correction after locating solid support above the $0.007 level. […]