Tag: cryptocurrency

Crypto, News

AAVE’s Lending Platform Sees Major Borrowing Activity And Deleveraging Amid Prolonged Accumulation

The $AAVE lending platform remains the leading protocol where borrowers and lenders can create a money market without intermediaries or custodians. Remarkably, $AAVE has been in an accumulation zone for 777 days, marking the longest accumulation period for any fundamentally strong cryptocurrency, underscoring its robust support. The Sleeping Giant is […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (July 1) – ETH Recovers Slowly But Can This Lower Timeframe Breakout Activate Bullish?

Bouncing off a key price area into a brief consolidation phase last week, Ethereum suspended bearish actions and increased above $3,500 earlier today. Despite retracing slightly, it is still up 4% on the weekly scale. A week ago, Ethereum tested the $3,240 level after witnessing several crackdowns for a month. […]

Crypto, News

Curve Founder Michael Egorov Engages In Major OTC Deal Amid CRV Price Drop

Michael Egorov, the founder of Curve, has reportedly transferred another 3.75 million CRV tokens, worth $1.04 million, to christian2022.eth (@Christianeth) in what is believed to be an over-the-counter (OTC) deal. Did Michael Egorov (@newmichwill) and christian2022.eth (@Christianeth) close another 3.75M $CRV OTC deal after the recent 5% price drop? Note […]

Crypto, News

Long-Term BTC Holders Reduce Holdings Amid Market Volatility And Increased Retail Activity

Throughout 2024, long-term Bitcoin holders have been steadily reducing their holdings. In May, there was a notable sell-off, with 160,000 BTC (approximately $10 billion) sold. This trend slowed somewhat in June, with 40,000 BTC leaving long-term holders’ wallets. Long-term BTC holders have been reducing their holdings throughout 2024. May saw […]

Market Analysis

AKASH NETWORK PRICE ANALYSIS & PREDICTION (June 28) – AKT Reclaims $3 Following A 25% Weekly Gain, Will It Hold?

Amid recent market recovery, Akash’s AKT landscape has briefly changed to bullish following an impressive gain since yesterday. While the market sentiment remains bearish, we may see a continuation of the supply level increases. During the last leg down, AKT lost the vital $3 level following a steady meltdown since […]