Cryptocurrency News
The Base blockchain has experienced a meteoric rise, surpassing 2 million daily active addresses, outpacing other Layer 2 (L2) solutions. While the recent spike in activity is partly driven by airdrops and the introduction of $cbBTC, the main excitement seems to stem from the growing popularity of Basenames, Base’s equivalent […]
Since the price recovered significantly from the bottom last month, SUI has been in an upward range as demand level rises. Its popularity is becoming strong by the day following a steady price growth. The past couple of weeks have been an interesting period for SUI as it continued to […]
Earlier today, a suspicious transaction involving SeamlessFi on the BASE network raised alarm after a malicious contract was deployed on September 13, 2024, at 11:57:04 UTC. Just minutes later, at 13:04:40 UTC, a hack was executed, resulting in the theft of approximately $130,000. The stolen funds were quickly bridged to […]
After breaking above a resistance line in August, SUI went through a short retracement and regained momentum. It advanced bullishly this month and led daily altcoins rally with 18% gains in the last 24 hours. Last month saw SUI through an end of a serious five-month correction after testing a […]
The 1inch team continues to show strong confidence in their project by purchasing 7.96 million $1INCH tokens, valued at $1.75 million. This significant buy caused the price of $1INCH to break through $0.27, marking a rise of over 20%. As of 12:30 AM on September 5, 2024, the token’s price […]
Fetch.AI (FET) is showing signs of strong investor interest and increasing on-chain activity despite recent market fluctuations. Currently, 48% of wallets holding FET are in profit, while 43% are in loss. This demonstrates a balanced but resilient market for the token. Over the past week, transactions involving amounts over $100,000 […]
The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) […]
In a remarkable achievement, Base has surpassed 1 million daily active addresses, marking an all-time high for the platform. The launch of Base Name Service (BNS) on August 21st is credited as the primary driver behind this surge. This impressive growth represents a tenfold increase in daily users compared to […]
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily. Last week, BNB bounced sharply off a key price level after witnessing a crash. […]
The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge. SynthaMan had posted a message two days ago stating that he lost all his crypto assets due […]
Bitcoin has historically exhibited exponential gains during bull cycles, although each cycle has also seen significant drawdowns. The current upward momentum is driven by the anticipated approval and influence of spot ETFs, which are expected to bring more investors into the market. New inflows haven't even started yet “Bitcoin's upward […]
The attempted assassination of Donald Trump yesterday caused an immediate reaction in the crypto markets. Bitcoin (BTC) rebounded to as high as $60.3K, marking a 10-day high. Meanwhile, the $TRUMP token surged by 63% as the news broke. Given the gravity of any assassination attempt on a public or non-public […]
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 […]
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 […]
Ethereum is currently the top trending token in the cryptocurrency market, following the filing of updated S-1 forms for Spot Ethereum ETFs by major financial players including Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock. Ethereum’s market value has climbed to $3,080, positioning it to potentially separate itself from the broader […]
MANTRA has successfully launched its first $OM Liquidity Pool (LP) on the Base chain. Following approval, MANTRA worked swiftly to integrate $OM into the Base chain ecosystem. The existing OM/ETH LP on Uniswap, which already boasts over $5 million in liquidity, allows for seamless swaps on Ethereum. The deep liquidity […]
In the past seven days, meme token HONK has surged 250%, drawing significant attention from smart money. Between June 27 and 29, new buy orders from savvy traders marked a notable shift (Image 1), while early holders of HONK, who entered during the initial listing phase, began to take profits […]