Cryptocurrency News
August 2024 has been a dynamic month for Layer 2 platforms, with notable shifts in total addresses, transactions, and total value locked (TVL). Leading the charge in unique addresses are Optimism, Base, and Arbitrum, while Base and opBNB excel in transaction volume. Unique Addresses and Growth Optimism (162.5M), Base (113.3M), […]
An Ether.fi multi-signature wallet, associated with address 0x57C…15491, has once again made headlines by transferring 1.6 million $ETHFI tokens, valued at $2.05 million, to Binance. This transfer comes just a week after the previous transaction, marking the latest in a series of significant token movements. Since April 1, when the […]
Addresses holding between 100 and 1,000 BTC have significantly increased their share of the circulating Bitcoin supply, now controlling 20.3%, or approximately 4.01 million BTC. This represents a 5% rise from the 3.82 million BTC held six months ago, indicating a growing trend of accumulation among large holders. Addresses holding […]
Ethereum has reached a four-month peak in network growth, with 126,210 new wallets created on a traditionally quiet Sunday. This surge suggests rising network utility and hints at potential price rebounds from the $2,200-$2,300 range. 📈 Ethereum has just hit a 4-month high in network growth, on a day (Sunday) […]
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
DeFi continues to evolve with Aave’s recent expansion onto the Aptos blockchain, signaling a move beyond Ethereum Virtual Machine (EVM) compatibility. Aptos brings the promise of faster, cross-chain solutions tailored for high-performance transactions, setting the stage for Aave’s growth as stablecoin adoption gains momentum. “DeFi will eat finance” DeFi's evolution […]
Vitalik Buterin (@VitalikButerin) recently transferred 2.1 million $STRK, valued at $858.7K, to a new wallet just an hour ago. As a seed investor in Starknet, Vitalik has received the $STRK tokens over two unlocks. vitalik.eth(@VitalikButerin) transferred 2.1M $STRK($858.7K) to a new wallet 1 hour ago. Vitalik is a seed investor […]
The 1inch team continues to show strong confidence in their project by purchasing 7.96 million $1INCH tokens, valued at $1.75 million. This significant buy caused the price of $1INCH to break through $0.27, marking a rise of over 20%. As of 12:30 AM on September 5, 2024, the token’s price […]
The Tron ecosystem continues its steady expansion, with the number of unique $TRX holders reaching an impressive 111,111,065 as of August 26, 2024. This growing number of holders reflects increasing adoption and rising interest in Tron’s blockchain network. Along with $TRX, other tokens in the ecosystem like $BTT, $JST, and […]
While tokens on Tron and Solana struggle to reach a $2-3M market cap, Ethervista DEX is shaking up the Ethereum network with its explosive $VISTA token. In just four days, $VISTA’s market capitalization has surged to nearly $30M, outpacing its competitors. Its daily trading volume has hit an impressive $50M, […]
In a recent order issued by the U.S. Commodity Futures Trading Commission (CFTC), Uniswap Labs was fined $175,000 for offering illegal digital asset derivatives trading. This case specifically revolved around Bitcoin and Ethereum leveraged tokens that were deemed leveraged or margined commodity transactions. According to the CFTC, these tokens were […]
Addresses holding between 100 and 1,000 BTC have shown remarkable resilience amid recent market volatility. Over the past few months, these addresses have been steadily accumulating Bitcoin and now control 20.3% of the total circulating supply. This consistent accumulation highlights a strong belief in Bitcoin’s long-term value among significant holders. […]
Justin Drake from the Ethereum Foundation recently shared in an AMA that the foundation’s financial report is forthcoming. Currently, the foundation’s annual expenditure is around $100 million. With approximately $650 million held in ETH reserves and enough fiat reserves to sustain operations for about a decade, the foundation is well-positioned. […]
TRX is now undergoing a retracement after posting an impressive gain last month. However, it may resume buying as its overall market outlook remains bullish monthly following a 200% increase in the past year. Tron’s bullish trajectory has remained technically valid from a long-term scale despite past months of bearish […]
Fetch.AI (FET) is showing signs of strong investor interest and increasing on-chain activity despite recent market fluctuations. Currently, 48% of wallets holding FET are in profit, while 43% are in loss. This demonstrates a balanced but resilient market for the token. Over the past week, transactions involving amounts over $100,000 […]
The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) […]
In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, […]
The TON blockchain has reached a significant milestone, surpassing 1 billion transactions—a testament to the network’s rapid growth and increasing adoption. This achievement comes shortly after TON accomplished its ambitious goal of integrating USDT across more than 100 platforms, a target set earlier this year. TON recently achieved the ambitious […]