Cryptocurrency News
Last week, Bitcoin’s price surged from $62,800 to $69,000, marking an 11% increase and bringing it within 6% of its all-time high of $73,600. This price movement closely mirrors trends seen in previous Q4 periods of 2012, 2016, and 2024, suggesting a potential seasonal effect driving the recent rally. Six […]
Ethereum’s price continues to face significant pressure, yet there are emerging signs of potential movement. The total amount of ETH held in accumulation addresses has reached an impressive 19.2 million, indicating a strong interest among investors. Additionally, the latest trading day for ETFs recorded an inflow of $48 million, highlighting […]
The continuous recovery in Bitcoin’s price has restored bullish hope and sentiments are now turning positive daily in the market. While the price reached a critical level, it may retrace a little before resuming bullish. Bitcoin’s performance has been awe-inspiring in the past month as the price continued to break […]
After initiating a short pullback this week, Jup found support nearby and continued to show strength. It is negotiating the next major move as the price stalls near a two-month resistance, looking poise for a breakout. Crossing over into this month bearishly, Jup charted a loss for some days but […]
Following an 11% gain in the past 24 hours, Axie’s AXS price looks strong daily as it resurged near a key resistance. Painting a green scenario on the day, it signals a buy and looks ready for a new rally. The late September drops brought a little drawdown in the […]
Arthur Hayes, the founder of BitMEX, has recently made significant moves in the cryptocurrency space by acquiring 116.6 million Aethir (ATH) tokens, valued at $7.62 million, at an average purchase price of $0.065 each. This follows his decision in September to sell his holdings of Pendle ($PENDLE). Arthur 这是要割肉 $ATH […]
Litecoin (LTC) is experiencing a notable uptick, surpassing the $73 mark for the first time since July. This marks its first substantial breakout from Bitcoin and other altcoins since the spring, driven by two key factors: ⚡ A significant increase in on-chain transaction volume, with daily transactions nearing an impressive […]
Tapioca DAO has fallen victim to a severe social engineering attack, leading to the compromise of the TAP token vesting contract. The attacker gained control of the contract’s ownership, enabling them to claim and sell 30 million vested TAP tokens. This incident significantly impacted the TAP/ETH liquidity pool (LP) owned […]
USDT and USDC now account for nearly 50% of the total transaction volume across major crypto assets, highlighting the growing importance of stablecoins in providing liquidity and market stability. USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins […]
While Bitcoin dominance remains a key metric in the crypto space, Total Value Locked (TVL) has emerged as a crucial indicator, reflecting the strength and influence of various decentralized finance (DeFi) protocols. In the realm of decentralized exchanges (DEXs), Uniswap leads the pack with over 25% of the total TVL. […]
Bitcoin’s number of large holders, or “whales,” saw a significant rise as the cryptocurrency’s price bottomed around $59K on October 10th. Between October 10th and 13th, the network added 268 wallets holding between 100-1,000 BTC. This surge in whale activity likely played a role in the current bull rally. 🐳 […]
Ethereum’s staker revenue has taken a sharp dive, plunging 30% since March to reach just $174 million in September, mirroring the broader downturn in the crypto market and reduced on-chain activity. Despite this drop in revenue, the number of Ethereum validators has surged to an impressive 1.09 million, reflecting strong […]
Bitcoin’s whale activity has reached its highest level in over ten weeks, with a staggering 11,697 transactions exceeding $100K recorded on Tuesday. Wednesday is on track to see a similar spike, indicating significant movement among large holders. 🐳 Bitcoin's whale transactions have spiked to their highest level in over 10 […]
This week, Solana saw a mix of highs and lows across its ecosystem, with its native token SOL dipping 1.61% to $141.85. Despite the slight decline, the DeFi space on Solana continues to grow, with the total value locked (TVL) in decentralized finance surging to $5.41 billion. However, the overall […]
As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67.6% of total activity. Arbitrum follows with 22.6%, and Optimism holds 9.7%, according to data from IntoTheBlock. This shift in transaction shares marks a significant change in the L2 landscape compared to a year ago. Back […]
Smart Dex traders have been aggressively accumulating $ENA in the past 48 hours, purchasing 973.2K tokens worth approximately $381.7K. This buying spree has significantly increased their holdings, coinciding with a notable rise in $ENA’s price, which has surged nearly 5% in the last 24 hours. 🚨Update: Smart Dex Traders Continue […]
The Storj team has resumed depositing tokens into Binance after a seven-month hiatus, transferring 5 million STORJ tokens (worth approximately $2.99 million) via GSR Markets. This move comes after a long period of inactivity and mirrors previous patterns observed in late 2023 and early 2024. Last year, on November 9, […]
The price of $TURBO experienced a sharp 11% drop in the past three hours following the deposit of 810 million tokens (valued at $9.97 million) to Binance and OKX. This large transfer was made by a wallet linked to the TurboToadToken team, raising suspicions of another major sell-off. This activity […]