Cryptocurrency News
According to Token Terminal, Morpho Labs is currently the fastest-growing lending protocol, with active loans increasing by 31.1% over the past seven days. This growth added $291 million to Morpho’s total value locked (TVL), which now stands at $1.23 billion. Fastest growing lending protocol: @MorphoLabs Active loans on Morpho are […]
A recent Coinwire research report reveals a troubling trend for memecoins promoted by cryptocurrency influencers on X (formerly Twitter). According to the study, 76% of memecoins endorsed by influencers have fallen to zero, while only 1% of these coins have experienced a tenfold increase. In fact, a staggering 80% of […]
Ethereum is witnessing a surge in accumulation as on-chain data highlights a steady increase in holdings, indicating rising confidence in $ETH’s future potential. Historically, Ethereum has often benefited from profit rotations following Bitcoin’s major price moves, and the current market setup seems primed for a similar scenario. Ethereum accumulation is […]
The price of $Pnut recently surged by over 1,300% after Binance announced its listing, and one savvy trader made substantial gains. This trader, who had already invested $721,000 to acquire 1.92 million $Pnut at $0.38 right after the Binance announcement, has held onto the position, now boasting an unrealized profit […]
Base Chain continues to show remarkable growth, leading the way among Layer 2 (L2) scaling solutions. In the past 24 hours alone, the top three smart contracts on Base recorded a combined total of 1.7 million transactions, underscoring its rapid adoption and the surge in DeFi activity on the network. […]
Uniswap’s governance token, UNI, saw a 22% price increase over the past 24 hours, driven by significant transfers from early investors. A key wallet recently deposited UNI worth $20.59 million to Coinbase, suggesting investors may be taking advantage of the price surge to cash in on holdings. Since September 2024, […]
As many altcoins took a breathe in buying this week, Bome found support and resumed positive actions daily. It has rejected a key level but the bias remains bullish, recording its biggest monthly gains since March. This month’s trading saw Bome through a notable increase as it rallied massively to […]
ApeCoin has quickly gained attention as the latest memecoin to see its market cap soar, following in the footsteps of Neiro, which dominated much of the spotlight during the early days of “Uptober.” However, recent developments suggest a potential shift in focus, with rumors swirling that the ApeCoin project owner […]
As the Defi sector gains traction this week, ENA turned more bullish as it doubled its price in a month. Despite witnessing a rejection today, it still leads the top gainers spot with an 8% surge in the last 24 hours. Two months ago, ENA’s price reached an extremely oversold […]
Base chain has experienced a significant boost in transaction volume in recent months, now commanding 40-60% of all activity across the three major Layer 2 (L2) blockchains. Base transaction volume has surged in the past months, with it capturing 40-60% of all volume among the three L2 blockchains pic.twitter.com/xusRTyGLkk — […]
BNB’s outlook is becoming bullish again after losing grip above key price levels in the past month. Amid a recent bounce, it posted losses overnight but the price is slowly picking up on the lower time frame. The $600 – $618 levels have been a critical resistance zone for BNB […]
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) […]