Cryptocurrency News
The past three weeks saw DOT through a major corrective phase after posting 80% gains in two months. But now, it appeared to have ended the phase as it bounced off a key support trendline, looking poise for another run-up. Looking at the latest daily price actions, the asset has […]
ARB appeared to have found support with the latest positive actions across the market. Although, it remains bearish weekly as it may dip lower in the coming week. Otherwise, more recoveries are expected. As expected in the past months, Arbitrum’s price corrected deeper for three weeks and traded as low […]
The Solana network is currently grappling with an unprecedented level of congestion, resulting in a surge in transaction failures. This surge in failed transactions coincides with a significant increase in network activity, largely driven by the recent frenzy surrounding platform memecoins. This surge has caused Solana’s transaction volume and unique […]
Pendle, a prominent yield platform, has experienced an extraordinary surge in activity, boasting a Total Value Locked (TVL) of $4 billion and trading volume reaching $10 billion. In the past 24 hours alone, Pendle’s price skyrocketed by 27%, reaching an all-time high of $6.629. Amidst this bullish momentum, notable whale […]
Bitcoin has staged a remarkable recovery, surging back above the $69,000 mark after a recent dip below $65,000 that left many traders on edge. The sudden drop is widely attributed to reports of U.S. government authorities selling nearly 10,000 bitcoins seized from the Silk Road. This news has sparked fear […]
Ethena, the latest sensation in the crypto space, encountered a momentary setback today, witnessing an 8% decline shortly after achieving an all-time high above $1 just hours after its launch. Despite this minor dip, data from Defillama indicates that Ethena’s Total Value Locked (TVL) surged to over $2 billion, underscoring […]
Despite recent market falls, BNB remains strong on the weekly outlook and simultaneously forms a continuation pattern on the daily. The bullish signal may turn invalid if the latest supply outweighs demand. Yesterday saw BNB through a slight retracement after experiencing a 5% cut in price since the start of […]
Following its highly anticipated launch, Ethena’s native token, ENA, has surpassed the $1 milestone, with a current market capitalization of $1.46 billion. This achievement underscores the strong investor interest and confidence in the project’s potential. Key players in the cryptocurrency market, such as GSR Markets, have demonstrated their support for […]
The Curve DAO Token, $CRV, has experienced a decline of 12% and 19% in the past 7 and 30 days, respectively, reflecting the broader downward trend in the cryptocurrency market. Despite the dip, there are signs of strategic buying activity. On-chain reports suggest that DWF Labs has once again entered […]
The price of MOEW (donotfomoew) has experienced an astonishing surge, skyrocketing by an impressive 38,000% within just 24 hours, and a remarkable 65% in the past 6 hours alone. Currently trading at $0.0025, data from dexscreener reveals a trading volume of $66.8M and a market cap of $24M. According to […]
The recent drop in Bitcoin’s price to $65.1K has had a ripple effect across the broader cryptocurrency market, leading to a 3.61% decrease in overall market caps over the past 7 days. Additionally, trading volume has experienced an 18.84% decline compared to the previous week. 📉 #Bitcoin's drop to as […]
Following a recent market dip, the price of MKR, the native token of MakerDAO, has experienced a notable rebound of approximately 7% within a span of 10 hours. However, insights from whale activity suggest varying perspectives on the token’s trajectory. A multisignature wallet, likely affiliated with MakerDAO, has made significant […]
As Bitcoin continues to consolidate below its recent all-time high of $73,000, a notable shift in market dynamics is taking place. Long-term holders of the cryptocurrency have entered a distribution phase, selling their holdings to new investors at higher prices. As the #Bitcoin Spot Price consolidates below the new ATH […]
Recent on-chain data analyzed by Spotonchain reveals significant movement of assets involving FTX and Alameda wallets. Approximately $105.9 million worth of 19 altcoins were transferred to two middle wallets in a recent transaction. #FTX and #Alameda wallets moved out $105.9M worth of 19 altcoins to 2 middle wallets ~14hrs ago, […]
The price of $UNI, the native token of the renowned decentralized Ethereum trading protocol, has experienced a 5% decline over the past 24 hours, signaling a period of market volatility. On-chain data provided by Lookonchain has shed light on a significant development: a whale in the $UNI market is actively […]
Losing 6% overnight, Litecoin is currently in the red due to the ongoing bloodbath in the crypto space. Despite that, the price is still looking strong and its short-term outlook remains bullish on the daily chart. After moving out from an accumulation phase in the past month, Litecoin increased significantly […]
The newest addition to Binance Launchpool, $ENA, is generating significant buzz within the cryptocurrency community. Positioned as a synthetic dollar protocol built on Ethereum, $ENA aims to provide a crypto-native solution for money, offering users a versatile and efficient financial tool. Reports indicate that GSR Markets and Wintermute, prominent market […]
The market capitalization of $MEW, a meme coin built on the Solana blockchain, has soared above $600 million once again, currently standing at $611 million. This surge represents a remarkable 280% increase in the past week alone, with a further 14% gain observed today. Recent on-chain reports from Lookonchain highlight […]