Cryptocurrency News
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash […]
In a surprising turn of events, Matrixport’s latest report has cast a shadow over the crypto market, suggesting that the U.S. Securities and Exchange Commission (SEC) is poised to reject all Bitcoin spot exchange-traded funds (ETFs) in January. Matrixport predicts that final approval might not materialize until Q2, coupled with […]
After ending last year in red, LTC found support and bounced off a key level to start the new year on a strong note. But it quickly lost buzz and now looks weak on a daily outlook. It lost 1% in the last 24 hours. Litecoin went through some hurdles […]
The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology. Globally, the perception of web3 […]
Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into […]
Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe. Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and […]
MetisDAO has experienced a substantial surge in its ecosystem, marked by strategic moves, particularly the introduction of a $360 million incentive program. The Ecosystem Development Fund (EDF), recently disclosed by the MetisDAO Foundation, amounting to 4.6 million METIS (which is equivalent to over $360 million), stands out as a pivotal […]
As January unfolds, the cryptocurrency market braces for a flurry of token unlocks, marking a busy start to the year. Token Unlock, a reputable tracker of locked tokens, has disclosed details about upcoming token releases set for the initial week of January 2024. Token unlocks represent the liberation of tokens […]
Tether, a major player in the crypto space, which is recognized for its fiat-backed stablecoins, has recently made a significant move involving the leading cryptocurrency, Bitcoin. This is coming as the continued craze around BRC-20 tokens is still very much in play. Many traders and investors are making arguments on […]
Bitcoin continued to suspend bullish to a sideway trend. Although it currently looks weak following a 1% loss in the past hour. It appeared to be gathering momentum for a big price movement. Since the price fell from $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]
Bounce Token experienced a decline of more than 11% in the recent hours following the triumphant conclusion of the $AMMX token launch. Participation in the $AUCTION Staking Pool exceeded expectations, with 2,126 participants committing a total of 2,741,970 $AUCTION, surpassing the initial goal of 12,857 $AUCTION. According to Lookonchain, after […]
IOTA Network’s ShimmerEVM has unveiled plans to incorporate LayerZero’s cross-chain messaging technology, enabling users to engage and transact seamlessly across multiple networks. Shimmer, situated within the IOTA ecosystem, serves as a blockchain platform granting developers access to unique features for creating and launching decentralized apps (dApps). ShimmerEVM, the platform’s layer […]
Despite candid admissions from Polygon’s MATIC founder, Sandeepnailwal, regarding the “painful ride” experienced throughout 2023, the platform is wrapping up the year on a positive note. MATIC, the native token of Polygon, has witnessed a significant uptick in value over the past week, managing to emerge from a position of […]
$Storj, positioned as the 157th ranked cryptocurrency, has witnessed a substantial decline in its value, experiencing a loss of over 25% in the past 7 days. Insights from on-chain activities reported by Lookonchain unveil a concerning trend. Over the last 17 hours, three whales, presumably acting as a single entity, […]
Recent data from Lookonchain highlights a notable increase in the accumulation of tokens like Aave ($AAVE) and Maker ($MKR), with prominent whales taking a leading role in this renewed interest. The accumulation, particularly by a whale wallet identified as “0x04e9,” raises expectations of a potentially bullish movement for these cryptocurrency […]
Analos, the Solana-based cryptocurrency, has experienced a substantial surge in value, skyrocketing by an impressive 147% within a 24-hour period. This surge precedes the anticipated launch of Analos’ $1,000,000 Buyback, set to go live in a few hours, marking a festive gesture to the community following a substantial $1,000,000 investment […]
Tellor ($TRB) has recently demonstrated notable price action, signaling heightened buyer engagement and the potential for new highs. The cryptocurrency surged above $80, reaching an impressive $165. However, a sudden decline took place on December 20, as TRB’s price sharply dropped from over $160 to $125. This decline triggered a […]