Cryptocurrency News
Bouncing off key support earlier this week, Toncoin appeared strongly bullish today because of a high-volume inflow in the last 24 hours. It is now amongst the market’s top gainers with a 15% surge since yesterday. In July, TON initiated a bearish move after posting several gains in the previous […]
August has proven to be an exceptionally eventful month for both equity and digital asset markets, marked by a significant market sell-off triggered by a “correlation-1” event. Bitcoin has been no exception, experiencing its largest drawdown of the current cycle, leading to capitulation among short-term holders. August has already been […]
Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Jump Trading […]
Yesterday marked a historic day for stablecoins, which experienced the highest number of single-day transfers ever recorded. This surge in activity comes as institutions begin to inject funds into the crypto market, taking advantage of lower prices to buy the dip. Cumberland, a major player in the crypto space, received […]
On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge. SynthaMan had posted a message two days ago stating that he lost all his crypto assets due […]
Jupiter Exchange has announced a significant decision following a recent governance vote: 30% of its $JUP team tokens will be burned. This proposal, which received overwhelming support with 95% of votes in favor, will see 3 billion $JUP tokens, valued at over $2.37 billion, burned over the next six months. […]
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. 📈 Solana has been making some separation against other altcoins, surging +7.5% […]
The number of active $LINK addresses has surged to its highest level since May, coinciding with a significant outflow from exchanges. This suggests a trend of accumulation during a period of market turbulence. The number of active $LINK addresses has reached its highest level since May. Interestingly, this surge occurred […]
Recent data from Crypto Differ places $BANANA in the 12th spot for top projects by daily active address growth over the past 30 days, boasting 413 daily active addresses, a 107% increase. Top-15 Projects by #DAA growth in the last 30 days DAA (Daily Active Addresses) is the number of […]
In the recent crash, Solana lost almost 40% of its valuation but suddenly regained strength after testing a five-month low yesterday. The price appeared strong today as it trades back in a green zone. Sol saw a noticeable growth last month following a major bounce off a critical support level. […]
Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled […]
In a surprising turn of events, $NEIRO on Ethereum has surged by 8% today and over 800% in the past seven days, despite challenging market conditions and a significant whale sell-off. On-chain reports reveal that Ethereum co-founder Vitalik Buterin sold all his 17.15 billion NEIRO tokens, amounting to 44.42 ETH […]
JupiterExchange recently announced a major decision to burn 30% of its $JUP team tokens, following a successful proposal that saw 95% of votes in favor and a record high turnout of 274 million $JUP staked. 🚨BREAKING: @JupiterExchange's proposal to burn 30% of the $JUP team tokens has passed with 95% […]
Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k […]
Pendle’s financial returns have been on a downward trajectory, reflecting broader challenges in the market. In the past six months, a notable whale, identified by the wallet address 0xfC0…1dcD6, locked up a substantial amount of PENDLE tokens only to face significant losses upon selling. This whale amassed a position of […]
Breaking down crucial multi-month support last week, Ethereum saw a heavy drop and crashed back to its yearly low. However, it recovered slightly earlier today following a sudden rejection. A week ago, Ethereum traded as high as $3,400 after making a short bounce from a reestablished support of $3,100. The […]
$SOL is once again leading the market recovery among the top 10 cryptocurrencies by market cap, having surged 10% in the last 60 minutes. The price of Solana has shown strong signs of recovery, forming a “W” pattern on lower time frames. A sustained close above $125 could see $SOL […]
Arbitrum’s price has reached a critical trading level again in the latest dip. But it appeared to have found a temporal support and now trades calmly. A major move at this support will determine the next direction. After a three-week break from a low of $0.56 in July, Arbitrum retraced […]