Cryptocurrency News
Litecoin saw a notable 10% weekly drop in the latest dip and lost a key level. While the trend looks highly bearish on the daily chart, it has seen a slight increase in the past hour. Last week was a bit calm for Litecoin as it stayed in a consolidation […]
Last month saw Cardano through a small relief period after undergoing a two-week bounce off a key low level. However, it later encountered resistance and slowly resumed bearish momentum daily. ADA’s market structure has continued to turn bearish on a daily scale due to a lot of deductions in the […]
Uniswap remains a cornerstone in the crypto space, significantly contributing to the ecosystem’s growth. Here’s a look at some pivotal moments in Uniswap’s history: 1. Uniswap Launch (Nov 2, 2018) – The inception of Uniswap marked a new era in decentralized exchanges. 2. Uniswap V2 Launch (May 18, 2020) – […]
Bitcoin’s brief dip below $50,000 coincided with the highest weekly trading volume (~$99B) since the November 2022 FTX collapse. Bullish trader sentiment leading up to this crash has pushed the average returns of BTC wallets active in the past 30 days to their lowest point in 26 months. 📊 Bitcoin's […]
Digital asset investment products have seen their first outflow of funds in four weeks, totaling $528 million, according to CoinShares. This trend is attributed to the looming US recession, geopolitical tensions, and widespread market liquidation. Bitcoin and Ethereum funds were hit hardest, with outflows of $400 million and $146 million, […]
The cryptocurrency market is experiencing a severe downturn, with 24-hour losses reminiscent of the dark days in late 2022. Despite this widespread turmoil, Aave’s native token, $AAVE, stands out with a remarkable resilience. Though $AAVE has dropped 28% in the past day, there is a silver lining for this DeFi […]
Bitcoin’s recent downturn has left many bulls reeling. Data from @coinglass_com reveals that over $2.50 billion in leveraged long positions were liquidated as BTC fell below $63,000. A bunch of #Bitcoin bulls got rekt in this downswing. According to data from @coinglass_com, over $2.50 billion in leveraged long positions got […]
Ethereum is currently at a pivotal point, with its key support level positioned around $2,700. The network is home to 11.11 million addresses holding a combined 59.07 million ETH. Data from @intotheblock indicates that approximately 3.69 million addresses each hold around 1.24 million ETH, with an average purchase price near […]
While most altcoins are currently weak amid latest dip, Aave appeared highly bullish following a recent monthly price break. However, it has lost buzz a bit today, but the price still looks strong on a weekly scale. Breaking below the crucial $80 support near $70 in July, Aave saw a […]
This week has been a tumultuous period across the crypto space as most altcoins continued to turn weak. Matic decreased by 3% since yesterday and is now looking weak daily, gathering momentum for a breakdown. Last month’s trading saw Matic through a small bounce (at $0.42) after reinitiating drops in […]
Polkadot has reached a crucial trading level again after posting a huge loss in the past two weeks. It has reclaimed key support and is now on the verge of breaking lower. The 2023 bottom is the next low to watch. The last two weeks have seen Dot’s price through […]
As of July 2024, the Total Locked Value (TVL) for Real World Assets (RWA) in DeFi protocols has reached an impressive $3.76 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, bridging the gap between traditional finance and decentralized finance. The market capitalization of all […]
The $BANANA token has experienced a significant decline, falling 37% from its peak of $78.5 to the current price of $49.7. Several factors have contributed to this drop. 1. Increased Market Supply: Following its listing on Binance, $BANANA airdropped 800,000 tokens to BNB holders. This influx of tokens has increased […]
AAVE has surged more than 20% in the past week, driven by several key factors. 1. Launch of Version V3.1: Aave recently launched version V3.1 across all networks, significantly improving the protocol’s security, operational efficiency, and usability. 2. Strong Financial Performance: Aave’s financial health is robust, with the protocol generating […]
The TON ecosystem, standing strong alongside Ethereum ($ETH) and Solana ($SOL), boasts rapid transactions and robust performance. Despite this, TON remains under the radar for many traders, which is surprising given its significant potential and current market impact. The $TON ecosystem stands strong alongside $ETH and $SOL, with rapid transactions […]
Cardano’s ($ADA) transaction volume in USD has been on a downtrend since March. Data from Santiment shows that Cardano’s daily transaction volume has consistently made lower highs, consolidating a downward pattern. In the last 24 hours, Cardano transacted $1.53 billion, a stark contrast to the over $11.56 billion confirmed during […]
As Bitcoin hovers just above $66,000, notable activity is observed in the transfer of unique tokens between wallets. Recently, 244,000 BTC were circulated in a single day, marking the highest level since March 5th. This uptick in Bitcoin activity suggests a gradual return of utility to levels last seen during […]
Today, Paradigm Capital made a significant deposit of 39,068 ETH, valued at approximately $129 million, into the custody platform Anchorage Digital. This marks their largest ETH deposit into Anchorage Digital in the past three months. Currently, Paradigm Capital holds only 8,373 ETH, worth about $27.5 million, suggesting a substantial shift […]