Cryptocurrency News
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1.13M, to Binance at an average price of $1.622. This move is likely an effort to repay creditors amidst […]
The cryptocurrency market experienced a significant downturn, with Bitcoin and Ethereum plummeting to lows of $58,034 and $2,392, respectively. This resulted in a staggering $313 million in liquidations across the network, with long orders accounting for $282 million and short orders totaling $31.36 million. Bitcoin briefly fell to a low […]
The cryptocurrency market witnessed a brutal sell-off, with Bitcoin ($BTC) and Ethereum ($ETH) prices dropping by 7% and 10%, respectively. The carnage resulted in 87,405 traders being liquidated for a staggering $318.46 million in the past 24 hours. The price of $BTC dropped by ~7% and $ETH dropped by ~10%! […]
With only one week left until the conclusion of Ethena’s Season 2 airdrop event on September 2, the platform’s data reveals a mixed picture. Ethena’s Total Value Locked (TVL) has declined to $2.92 billion, a significant drop from its peak of $3.612 billion in early July. Moreover, the platform has […]
In a remarkable achievement, Base has surpassed 1 million daily active addresses, marking an all-time high for the platform. The launch of Base Name Service (BNS) on August 21st is credited as the primary driver behind this surge. This impressive growth represents a tenfold increase in daily users compared to […]
Arbitrium’s price has burst out of a bullish falling wedge pattern, setting the stage for a potentially explosive upward move. This development coincides with the project’s dominance in social activity, with a remarkable 6.8k engaged posts and 399k interactions in the past 24 hours, according to Phoenix. $ARB/USDT ANALYSIS ARB […]
The Bitcoin bull market is officially back on track, according to the IFP index. On lower time frames, Bitcoin appears to be trading within a parallel channel, setting the stage for a potential price swing. The #Bitcoin bull market is officially back on, according to the IFP index! pic.twitter.com/oiTf00pwFL — […]
In the ever-evolving world of cryptocurrency, understanding token supply trends is crucial for making informed investment decisions. Our analysis delves into the tokens that have experienced the most significant supply increases over the past month and year, as well as those poised for substantial growth in the coming weeks. Recent […]
Since last week, Bitcoin’s price has increased notably following a sharp rise to $65k. It has paused buying and now looks calm with choppy price actions. A surge above the $70k level should confirm a bullish breakout. Bitcoin started this month rough following a massive breakdown from $63k to $49k […]
Following a slight pullback this week, Litecoin found support nearby and resumed buying pressure but is now facing small hurdles at a key resistance level, where the next major move is likely to take place. Litecoin has recovered nicely from the recent dip and is now footing a bullish move […]
This summer, $AAVE has seen a significant rise, nearly doubling in value against ETH and climbing 50% in dollar terms, fueled by the excitement surrounding a new “Aavenomics” update proposal. The update aims to reduce risks and enhance rewards for stakers by utilizing revenue instead of relying on inflationary yields, […]
Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease […]
In a recent development, GSR Markets withdrew 7.91 million ARB tokens, worth $4.38 million, from Coinbase. Historical transaction data suggests that these tokens will be replenished after a brief period. However, ARB’s struggles continue, with the token hitting an all-time low of $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
$AAVE, a prominent player in the decentralized finance (DeFi) space with close to $12 billion in total value locked (TVL), has rolled out its V3 version on the Ethereum Layer 2 network, ZKSync Era. This network leverages zero-knowledge technology to enhance both scalability and privacy, setting the stage for a […]
Over the past six weeks, Bitcoin’s largest holders, specifically wallets containing between 100 to 1,000 BTC, have increased their holdings by an additional 94,700 coins. This accumulation comes as many traders, shaken by recent market volatility, have exited the crypto space, while key stakeholders have continued to bolster their positions. […]
Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. 👀 […]
Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time. After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. […]
Polygon has announced that the migration from MATIC to POL tokens will officially take place on September 4, 2024. POL will replace MATIC as the native gas and staking token of the Polygon Proof-of-Stake (PoS) network and will play a crucial role in the network’s AggLayer, a key part of […]