Cryptocurrency News
Bitcoin fundamentally opened this month on a short after failing to push above $67k in the previous month. However, it appears to have found a strong footing and is now climbing back on a daily scale. The recent monthly drop in Bitcoin’s price was seemingly triggered by the new conflict […]
Despite an 86% plunge in Bitcoin transaction fees this quarter, market confidence remains resilient, with Bitcoin’s dominance hitting its highest level since April 2021. BTC's market share reached its highest since April 2021 this quarter Bitcoin's price traded mostly sideways throughout the quarter, while ETH and smaller tokens set new […]
After a slight market rebound, a prominent whale who previously incurred an $8.22 million loss from long-leveraged Ethereum positions is ramping up their investments again. Just 10 hours ago, this whale withdrew 1,401 ETH, worth approximately $3.39 million, from Binance. They subsequently deposited these funds into Compound and borrowed 2.3 […]
In line with the recent higher high and higher low formation, Link found new support in the mid-week and gradually regained momentum on a daily scale. This increase could lead to a breakout of a falling channel. The past two months of trading have brought notable increases in Link’s price […]
Amid this week’s meltdown, XRP lost momentum after failing to sustain buying above a key level. It appears bearish on the day but is currently indecisive as it decides on the next move with a 15% loss in a week. During last month’s trading, XRP’s price rose briefly above the […]
Currently, 6% of all wrapped Bitcoin is being staked through various yield protocols, highlighting a growing trend in the market. The wrapped Bitcoin sector is primarily dominated by $WBTC and $BTCB, which together account for over 81% of the total supply. However, the landscape is evolving, with liquid staking and […]
The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited […]
As altcoins make a strong rebound, familiar names are topping the list of trending tokens with exciting new developments driving market interest. XRP ($XRP) takes the top spot, with traders buzzing over Bitwise’s ETP filing and renewed discussions surrounding the SEC’s appeal of a ruling that classified XRP as a […]
Amid bearish sentiment and technical indicators suggesting potential further dips, a recent decline in Bitcoin futures liquidations is offering a glimmer of hope. On October 1, over 4,000 Bitcoin longs were liquidated, marking the second-largest liquidation event of the year. This massive shakeout hints at a potential local bottom, which […]
In the past 24 hours, 108,000 ETH, worth approximately $259.2 million, was transferred to cryptocurrency exchanges, signaling increased selling pressure. A prominent Ethereum ICO participant has been at the center of this activity, offloading another 6,000 ETH, valued at $14.11 million, just 45 minutes ago. 108,000 $ETH were sent to […]
Since the price dropped from a key level last weekend, FTT has been in the middle of consolidation, trading calmly under $2.5. However, it looks poise for another rally following a 15% gain in the last 24 hours. Last Sunday saw FTT through a sudden surge in volatility after slowly […]
Last month, POL went through a small retracement, but it seemed to be back in a sell mode after witnessing a double rejection under $0.45. It currently looks set for a breakdown while approaching a key support. After the upgrade from MATIC to POL over a month ago, the market […]
Following a short bearish break in August, Litecoin saw a notable recovery above a key level but it recently lost steam. The price appears weak on the day following a fresh monthly crackdown. As seen among top altcoins across the crypto space, last month’s trading was exciting for the bulls […]
In the cryptocurrency landscape, token performance varies widely, particularly when assessing unlocked value and price movements. Recent trends reveal stark contrasts among different sectors. The DeFi and decentralized exchange (DEX) sectors have collectively unlocked over $1.6 billion in value. However, their price performances tell a different story, with DeFi tokens […]
Over the past 90 days, TRON has generated a remarkable $567 million in fees, surpassing major blockchain competitors. TRON’s fee revenue is more than double that of Ethereum ($253 million), five times higher than Solana ($105 million), and nine times greater than Bitcoin ($57 million). This significant lead underscores TRON’s […]
Aave V3, the latest version of the decentralized lending protocol, has reached a significant milestone, crossing $10 billion in total value locked (TVL) on the Ethereum network. This impressive growth represents a 197% increase from its starting point of $3.36 billion at the beginning of 2024, underscoring Aave’s position as […]
Recently launched $HIPPO, developed by @hippo_cto, is already gaining significant traction within the crypto community. Often referred to as the SU-DENG (MOODENG) of Sui Network, $HIPPO is quickly becoming a favorite among traders. It has emerged as a top hot pair on DEXscreener and boasts impressive stats: a market cap […]
Following its listing on centralized exchanges (CEXs) yesterday, $EIGEN has garnered considerable attention, now appearing on leaderboards for Tokens Accumulated by Smart Money and Gems of Smart Dex Traders with Good Entry. The question remains: will $EIGEN see a significant rise in value? 🤔Will $EIGEN rise significantly after its listing […]