Cryptocurrency News
The SEC has given the green light for spot Ethereum ETFs to commence trading on July 23. According to Bloomberg analyst Eric Balchunas, the SEC has instructed issuers to submit the final S-1 form by Wednesday and apply for effectiveness after the market closes next Monday, allowing trading to start […]
The cryptocurrency market is witnessing a significant resurgence, with Bitcoin climbing back to $63.3K. This rally began almost immediately after the near-assassination of former President Trump on Saturday, and the bullish momentum has shown no signs of slowing down. However, experts recommend caution, as the crowd’s overwhelming bullish sentiment could […]
Interest in $MKR has surged recently, primarily due to its robust financial performance and strategic potential. MakerDAO, the project behind $MKR, is generating $85 million in quarterly revenue, reaching an all-time high. With nearly all $MKR coins already in circulation, the project stands out in a market where many are […]
Three days ago, Smart Trader 0x60f2 made a strategic move by purchasing $21,000 worth of $PAAL during a market dip. Since his purchase on July 12, the price of $PAAL has surged by 35%. Despite this rapid increase, the trader took a conservative approach by only taking 10% profit when […]
This week, from July 15 to 21, ten notable cryptocurrency projects are scheduled to unlock significant amounts of their tokens. These unlock events often influence market dynamics as investors anticipate potential price movements. 1. $ARB: On July 16, $ARB will unlock $67.85 million worth of tokens, representing 0.93% of the […]
Ethereum is starting this week with another 5% gain after closing last week with a huge profit. While testing a minor resistance level, the price looks strong, forming a new bullish pattern on the daily timeframe. As mentioned in the past weeks, the crucial $2,800 support level has produced a […]
Posting a 20% gain in two weeks, Bitcoin broke through several crucial resistance levels and swiftly changed negative sentiment to positive. A monthly close above June’s high will confirm a complete trend reversal. Following the latest movement in Bitcoin’s price, which drove the global crypto market cap up lately, a […]
Chainlink’s key stakeholders, those holding between 10,000 and 1 million LINK, have been in a significant accumulation phase during the recent market downturn. Since June 24th, these stakeholders have added a substantial 9.2 million LINK to their collective holdings, representing a 4.65% increase. 🐳📈 Chainlink's key stakeholders with 10K-1M coins […]
MakerDAO has achieved an impressive milestone, marking five consecutive quarters of revenue growth. Despite this, $MKR continues to trade at historical price-to-sales (P/S) lows, making it an enticing prospect for investors. The anticipation surrounding the rebrand and launch of NewStable further solidifies $MKR as a token too cheap to ignore. […]
July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token […]
This month, Aave V3 saw a dramatic spike in liquidations, with $10 million liquidated in a single day, the highest amount since April. This surge in liquidations has contributed to a downward spiral in asset prices, as the selling pressure from these liquidations exacerbates market declines. $10M was liquidated in […]
While several altcoins have recorded a heavy loss in the past months with some trading back at their bottom, OM traded well above a key price level for three months and resumed bullish. During the past months of the clampdown, OM saw little reduction compared to other cryptocurrencies that recently […]
According to data from iCrypto.ai, there is significant buying pressure from Smart Money for $MOCA. The Moca_Network token began trading at 12:00 UTC+0 yesterday on prominent exchanges including Bybit, Gate, Uniswap, Bitget, and Kucoin. Notable activities observed by iCrypto include strategic airdrops and substantial deposits. One wallet, 0xe0de, received an […]
As the trading start of the ETH ETF nears, institutional interest in Ethereum is set to rise. On-chain reports indicate significant accumulation of Ethereum ecosystem tokens by whales and institutions. A recent activity highlights aavebank.eth withdrawing a substantial amount of tokens from Binance, including 21,027 $AAVE ($1.98M), 205,493 $UNI ($1.62M), […]
One hour ago, wallet 0x3dfe (icrypto.ai/wallet/0x3dfed…) withdrew 2.5 million $RNDR, valued at $14.96 million, from OKX and transferred the entire amount through Wormhole to swap to the Solana chain just 10 minutes ago. This significant movement occurs in the context of $RNDR undergoing a migration to $RENDER. The token migration […]
$ENA is currently not looking promising, with its price approaching the next support level of $0.30 amidst persistent bearish trends. Despite this, there is anticipation for a reversal, as Ethena holds the potential to excel during the upcoming bull market, having seen 140% gains in the previous rally. $ENA is […]
A recent cyber alert has detected multiple suspicious transactions involving the @DoughFina account. Following communication with the AAVE team, it has been confirmed that AAVE pools remain unaffected by these activities. The attacker, who was funded through Railgun, managed to swap all the stolen $USDC into $ETH, resulting in a […]
In the ongoing market recovery, Cardano has increased by roughly 16% in the past week of trading but the trend remains bearish on the monthly outlook. It may resume selling pressure if the supply level increases. Cardano has technically suspended selling pressure for more than a week and as we […]