Cryptocurrency News
In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside. The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million. NEW: Polygon acquired […]
The AltLayer token, ALT has been on a remarkable upward trajectory since its launch as the 45th project on Binance Launchpool. Over the past 24 hours, the token has witnessed a 9% increase in price, accompanied by a substantial 23% gain over the past week. However, it’s worth noting that […]
Wall Street Memes (WSM) cryptocurrency has experienced a notable downturn following a coordinated attack on its staking and liquidity systems. The exploit resulted in a drastic 30% price drop in the cryptocurrency, contributing to substantial losses across various time frames. The $WSM price has dropped ~35% (24H) as the exploiter […]
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]
The public layer 1 blockchain Conflux ($CFX) experienced a notable surge of over 24% in the past 24 hours. Thereby, positioning itself as one of the top gainers on Coinmarketcap for the day, with an impressive 450% increase in its 24-hour trading volume. This surge is largely attributed to Conflux’s […]
Amidst the struggle of Bitcoin (BTC) to maintain its position above $40,000 and Ethereum’s challenge around the $2200 mark, the overall sentiment in the cryptocurrency market leans towards bearishness. However, amidst this prevailing sentiment, Lido ($LDO) stands out as one of the altcoins exhibiting a slight bullish trend. In the […]
SatoshiVM’s SAVM cryptocurrency, which made its much-anticipated debut on January 19, quickly found itself at the center of controversy. Following its launch, the protocol experienced a surge in value, boasting a market capitalization of approximately $90 million, as reported by DEXTool’s data. However, the excitement surrounding the SAVM token was […]
Recent data indicates a notable decline in the total number of Bitcoin wallets, marking the swiftest rate since early October, just before the major crypto bull cycle began. Over the past four days, more than 487,000 wallets holding 1 $BTC or less have been liquidated. This reflects a 0.94% decrease […]
Bitcoin ($BTC) is currently undergoing a 21% decline after a 12-day period, mirroring past corrections during this bull market. Interestingly, historical data suggests that such dips have often preceded significant upward movements, presenting potential buying opportunities for investors anticipating Bitcoin’s rise. In this bull market, $BTC has experienced 4 notable […]
Blur ($BLUR) has emerged as a prominent player in both the cryptocurrency and NFT markets, gaining recognition for its prowess. Launched on October 19, 2022, Blur.io has swiftly climbed the ranks of the Ethereum mainnet NFT marketplace, boasting an impressive $770 million market cap. On-chain reports from Spotonchain reveal that […]
SatoshiVM (SAVM) faced a tumultuous turn of events as reports of concerning wallet activity linked to the founding team circulated, causing a swift 25% drop in the cryptocurrency’s price just two days ago. The turmoil escalated due to conflicts between Ape Terminal and Macn BTC. The price of $SAVM dropped […]
$LSK has experienced an impressive surge, soaring over 25% in the last 24 hours and achieving a substantial 2800% gain in its 24-hour trading volume. This recent upswing can be attributed to the team’s announcement of $LSK’s strategic move towards Ethereum and the Optimism Superchain. A Significant Packed 2024 For […]
Whales in the crypto sphere have made significant moves with Ethereum ($ETH), as revealed by recent on-chain reports. Celsius Network, in a notable development, released a pledge of 202,090 ETH, equivalent to $445 million, and initiated a transfer to the address 0xDb3…0998d. This address has now accumulated a total of […]
Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]
Whales in the crypto realm have recently shown a keen interest in three specific tokens – UMA, LDO, and AAVE, according to on-chain reports. UMA has been a standout performer, delighting investors with an impressive surge of over 190% in the past week and a remarkable 289% increase over the […]
Cardano remains in a red on the daily but has managed to recover briefly above the $0.45 level since yesterday. It lost 14% in the past week, but it may continue to dip until it finds strong footing for an increase. Two weeks ago, ADA rejected the $0.617 level and […]
After sliding by 27% to $6 in the last 30 days, Polkadot saw a recovery overnight and trades calmly above this price level. It is currently taking a break as it retests a crucial level. Likely to resume bleeding shortly. From around $9.3 at the top, DOT saw a roller […]
The cryptocurrency market witnessed a notable downturn as Bitcoin slipped below the $40,000 mark, accompanied by Ethereum’s decline to a low of $2,303. Reports reveal significant movements of Ethereum by Celsius and FTX. Celsius Network initiated the transfer of 15,200 ETH ($36.04 million) to Coinbase and FalconX. Despite this movement, […]