Cryptocurrency News
Bitcoin experienced a sharp drop yesterday, hitting a 3-week low of $58.9K, but many traders are now identifying this dip as a prime buying opportunity. The shift in sentiment came after the release of the US Consumer Price Index (CPI) report, which fueled optimism around potential interest rate cuts. This […]
VOW token experienced a dramatic 80% drop following a technical mishap involving the USD rate setter function of the V$ contract. The incident occurred as the development team was testing this function, which is critical for minting V$ for new lending pools and oracle functions. During testing, the team adjusted […]
The $BANANA token has experienced a significant decline, falling 37% from its peak of $78.5 to the current price of $49.7. Several factors have contributed to this drop. 1. Increased Market Supply: Following its listing on Binance, $BANANA airdropped 800,000 tokens to BNB holders. This influx of tokens has increased […]
A major whale identified as 0xC54…4d62E, once the second-largest holder of $PENDLE, recently transferred 250,000 $PENDLE tokens to Binance. Valued at $1.13 million, this move, if sold, would net the whale a substantial profit of $1.03 million. This whale initially acquired $PENDLE at a cost of just $0.35 per token, […]
Bitcoin has dropped to a two-month low, with most altcoins experiencing even more significant declines. ‼️ BREAKING: #Bitcoin Drops Below $53K, Levels Last Seen Since February 2024. In the past 24 hours, 231,775 traders were liquidated, the total liquidations comes in at $669.48 million! 🟥#cryptomarket #cryptocrash #bitcoincrash pic.twitter.com/xezI6yjEvX — CoinEcho […]
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
Whale activity from wallet 0x099, suspected to be linked to a Starknet developer, has raised concerns as 2.6 million STRK tokens, valued at $2.42 million, were deposited to Wintermute Trading OTC. This wallet, believed to be associated with the Starknet team, received 149.5 million STRK, worth $530 million, from the […]
Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]
Coolcoin has emerged as the second hottest trending token on Dex screener, experiencing an astronomical surge of 700,000% in the past 24 hours. With a market capitalization of $32.1 million and a current trading price of $0.032, Coolcoin has captured the attention of traders and investors alike. However, amidst the […]
As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move. The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred […]
$LBR, a project in the LSDfi space, launched by an anonymous team with backing from Tornado Cash funds and endorsed by prominent figures like Blurr.eth ($RFD deployer) and Michael Patryn (@0xSifu), has encountered a substantial downturn. The project witnessed a remarkable TVL surpassing 100M within a month of its inception […]
SatoshiVM’s SAVM cryptocurrency, which made its much-anticipated debut on January 19, quickly found itself at the center of controversy. Following its launch, the protocol experienced a surge in value, boasting a market capitalization of approximately $90 million, as reported by DEXTool’s data. However, the excitement surrounding the SAVM token was […]
The native token of the OKX platform, OKB, experienced a sudden and substantial drop in value on January 23. Plummeting from $52 to $25 before stabilizing, this abrupt decline underscores the inherent volatility of the cryptocurrency market, sparking concerns about its stability and the factors contributing to such rapid price […]
Render $RNDR has been generating considerable buzz in the cryptocurrency community, reaching a yearly high in the past 30 days. However, the enthusiasm surrounding $RNDR has been tempered by a recent slight decline in its price, noticeable both over the week and in the most recent 24-hour chart. The token […]
Multibit ($MUBI) experienced a significant setback after a robust week that saw its value surge by an impressive 230% in the last seven days. Despite this bullish run, the token faced a sudden downturn, plummeting by over 20% within the past 24 hours. One of the early investors of $MUBI […]
In a rollercoaster ride for Yearn.finance ($YFI) enthusiasts, the token witnessed an unexpected plunge of 45% in just a few hours, wiping out a substantial chunk of its recent gains. The swift downturn was triggered as investors rushed to part ways with their YFI holdings amid the broader crypto market’s […]