Cryptocurrency News
Tether ($USDT) continues to reign supreme in the stablecoin market, with its market capitalization soaring to $112.5 billion in July 2024, up from $66.6 billion in January 2023. This remarkable growth highlights Tether’s sustained dominance in the sector. The stablecoin landscape has seen new entrants such as $PYUSD and $FDUSD, […]
$MNT is displaying strong bullish momentum today. After solidifying its support at $0.52, the token is continuing its upward trajectory, bolstered by a positive $BTC trend. At this rate, reaching the next target of $1.26 may happen sooner than anticipated. The previous rally saw impressive gains of 470%. Over the […]
Bitcoin whales, addresses holding 1,000 or more BTC, now possess a staggering 7.9 million BTC, marking a two-year high and representing 40% of the circulating supply. This accumulation trend signals strong confidence among large holders in the future value of Bitcoin. Bitcoin holdings for addresses containing 1,000 or more BTC […]
This week, a significant withdrawal of $126 million worth of Ethereum ($ETH) from exchanges suggests strategic accumulation in anticipation of the upcoming ETF launch. This move highlights growing confidence among investors as they prepare for potential market shifts. $126 million worth of $ETH was withdrawn from exchanges This week, signaling […]
Several altcoins went down earlier today due to a slight decrease in the global market cap but many are resurging along with Raydium, which just broke out to a three-month high following a massive surge. Picking up from a low of $1.4 last month, Ray has seen a notable increase […]
BNB’s price just broke out to a new monthly high after a slight pause in buying. Following this latest move, it will likely show more strength in the next few days as it sees a 30% recovery in two weeks. Following recent price recovery across the crypto space, BNB ended […]
The ETHFI Claiming Season 2 has commenced, offering traders double the claim amount compared to Season 1. As a result, traders are advised to be vigilant for a potential drop in the price of ETHFI. In the previous season, 11.1 million $ETHFI, valued at approximately $44.5 million, were claimed. This […]
According to Scopescan, a Safe Multisig wallet managed by LayerZero Labs withdrew 5 million $ZRO (worth $21.3 million) from Binance. This move led to a 6.8% surge in $ZRO’s price yesterday. A Safe Multisig created by @LayerZero_Labs withdrew 5M $ZRO ($21.3M) from #Binance. Price of $ZRO pumped by 6.8% today. […]
JUP’s price jumped by another 10% today in continuation of the latest recovery, although is yet to break out of its bearish structure on the daily chart. It appeared bullish but is now facing a psychological level. A few days ago, JUP traded as low as $0.64 after losing more […]
Despite a general decline in $CRASH on the BASE network, smart traders are still actively buying the token over the past two days. According to multiple reports, $CRASH has one of the fastest and strongest-growing communities on the BASE network, underscoring its potential and attracting savvy investors. $CRASH has the […]
Recent developments in the Bitcoin market have showcased notable shifts in both supply and institutional interest. The market absorbed over 48,000 BTC from sell-offs sourced by the German Government, coinciding with anticipated Mt. Gox distributions in the near future. Bitcoin’s daily on-chain volume now hovers around $46.4 billion, comparable to […]
On July 16th, Worldcoin ($WLD) announced a pivotal change to its unlocking schedule for investors and team members, extending it from three years to five years. This adjustment means that starting July 24th, only 2 million $WLD will be unlocked daily, compared to the previous 3.3 million. This news sparked […]
XRP has climbed above $0.58 for the first time since the market-wide retrace on April 12th. This significant rebound is largely supported by increased coin hodling from whales and sharks holding over 100,000 XRP coins. A notable turning point in supply accumulation began last August, indicating growing confidence among major […]
Following a slight crackdown from a range two weeks back, Ripple XRP saw a fast recovery and jumped consistently until the price broke above the range. It is looking highly bullish following a massive surge in volatility. Following past months of broader price correction, XRP appeared to have found solid […]
This week, Solana SOL advanced bullishly after lifting from a base support some days back. While the bears are currently in disbelief of the latest move, they may suffer more losses if the price keeps surging daily. As Solana continued to show signs of strength daily, it recently broke above […]
A report from Cyver Alert revealed a phishing attack that occurred over a year ago, resulting in the loss of nearly $32 million in staked Ethereum (stETH). The victim had fallen prey to a malicious contract, leading to the significant theft. On July 6th, the attacker unexpectedly reached out with […]
Render (RNDR), Aave (AAVE), and Maker (MKR) have recently seen significant increases in address activity, suggesting potential bullish trends for these altcoins. Historically, rising levels of wallet interactions on blockchain networks are often early indicators of future price gains. Six hours ago, the Render Network project’s multi-signature address transferred 1.6 […]
As the cryptocurrency market experiences impressive rebounds, Litecoin (LTC) and XRP are generating significant FOMO (Fear of Missing Out) among investors. These coins have the potential to continue their upward trends, but the crowd’s euphoria towards them could make them high-risk, high-reward investments this week. On-chain data from @santimentfeed reveals […]