$AAVE, one of the leading DeFi tokens, is experiencing a notable surge, climbing 6% in the past hour. It’s been one of the top tokens accumulated by “smart money” over the last 24 hours, signaling strong interest from investors. Even during the bear market, $AAVE consistently generated over $1 million […]
Tag: Profit
Friend.tech Faces Uncertainty As $FRIEND Token Drops 40% Amid Smart Contract Renouncement
Once a top SocialFi project backed by tier 1 venture capital firm Paradigm, Friend.tech $FRIEND is now facing serious challenges. Today, the $FRIEND token experienced a significant drop of 40%, leaving investors increasingly concerned about the future of the project. The price decline comes on the heels of the development […]
Helium (HNT) Surges 18%, Defying Market Trends With Growing Ecosystem Momentum
Helium (HNT) has seen a remarkable surge of 18% over the past week, standing out in a period where most major cryptocurrencies faced losses. With HNT’s price climbing above $8.3, the token has demonstrated resilience and impressive performance against broader market trends. #CMCNews: Helium (HNT) has surged by 18% over […]
August 2024 Layer 2 Report: Key Highlights And Trends
August 2024 has been a dynamic month for Layer 2 platforms, with notable shifts in total addresses, transactions, and total value locked (TVL). Leading the charge in unique addresses are Optimism, Base, and Arbitrum, while Base and opBNB excel in transaction volume. Unique Addresses and Growth Optimism (162.5M), Base (113.3M), […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 6) – BNB Sits Above $500 After Two-Week Drops, Will It
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
Vitalik Buterin Moves $858.7K In $STRK As Starknet Introduces New Update
Vitalik Buterin (@VitalikButerin) recently transferred 2.1 million $STRK, valued at $858.7K, to a new wallet just an hour ago. As a seed investor in Starknet, Vitalik has received the $STRK tokens over two unlocks. vitalik.eth(@VitalikButerin) transferred 2.1M $STRK($858.7K) to a new wallet 1 hour ago. Vitalik is a seed investor […]
Tron Ecosystem Sees Steady Growth With Over 111 Million $TRX Holders
The Tron ecosystem continues its steady expansion, with the number of unique $TRX holders reaching an impressive 111,111,065 as of August 26, 2024. This growing number of holders reflects increasing adoption and rising interest in Tron’s blockchain network. Along with $TRX, other tokens in the ecosystem like $BTT, $JST, and […]
TRON Network Sees Surge In Activity, Leading Blockchain Revenue In August
In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, […]
Wintermute Continues Large-Scale ETH Withdrawals from Lido, Potential Sale Looms
Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute 的 Lido […]
Bitcoin Rebounds To $61.2K Amid Tight Correlation With S&P 500
Bitcoin surged to a high of $61.2K today, coinciding with a bounce in the S&P 500. While it’s debated whether crypto is leading the equities market or the other way around, the strong correlation between the two is undeniable. Historically, Bitcoin tends to break out when its correlation with equities […]
$PRIME Skyrockets 40%, But Traders Remain Cautious Amidst Resistance
The cryptocurrency market has witnessed a remarkable surge in $PRIME, with a staggering 40% increase over the past seven days, reaching a high of $9.45 on August 25. Despite this significant price jump, smart traders continue to exhibit buying pressure, with their balances swelling by 22% in the last 24 […]
Fetch.Ai’s FET Token Slumps 12%: A Cause For Concern?
Fetch.ai’s native token, FET, has experienced a disheartening 12% decline, plummeting to $1.236. This downward spiral has raised concerns among investors, as breaking below the critical $1.25 threshold may signal further losses. Recent transactions have added to the uncertainty, with the Fetch.ai Foundation transferring 5M $FET ($6.4M) to wallet “0x925e” […]
TON Blockchain Back Online After 6-Hour Downtime: Congestion Causes Chaos
The TON blockchain has finally resumed operations after a grueling 6-hour downtime, caused by network congestion triggered by the distribution of DOGS tokens. The overload led to validators becoming overwhelmed, resulting in a loss of consensus. NEWS: @ton_blockchain is back online after nearly 6 hours of downtime, and block production […]
Alameda Research Offloads $WLD Tokens, Repaying Creditors Amidst Financial Woes
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1.13M, to Binance at an average price of $1.622. This move is likely an effort to repay creditors amidst […]
Ethena Season 2 Airdrop Event: A Week To Go, But Challenges Persist
With only one week left until the conclusion of Ethena’s Season 2 airdrop event on September 2, the platform’s data reveals a mixed picture. Ethena’s Total Value Locked (TVL) has declined to $2.92 billion, a significant drop from its peak of $3.612 billion in early July. Moreover, the platform has […]
Arbitrum’s ARB Token Faces Pressure Amidst Supply Concerns
In a recent development, GSR Markets withdrew 7.91 million ARB tokens, worth $4.38 million, from Coinbase. Historical transaction data suggests that these tokens will be replenished after a brief period. However, ARB’s struggles continue, with the token hitting an all-time low of $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
Bitcoin Whales Accumulate Amid Market Recovery As Mining Costs Surge In Q2 2024
Over the past six weeks, Bitcoin’s largest holders, specifically wallets containing between 100 to 1,000 BTC, have increased their holdings by an additional 94,700 coins. This accumulation comes as many traders, shaken by recent market volatility, have exited the crypto space, while key stakeholders have continued to bolster their positions. […]
StableJack: Transforming The Stablecoin Market On Avalanche With Innovative Solutions
StableJack is making waves in the stablecoin sector on the Avalanche blockchain with two innovative products designed to enhance capital efficiency and reduce risks. These offerings allow users to mint $xAVAX, providing leveraged exposure to AVAX without the risk of liquidation, and $aUSD, a yield-bearing stablecoin that offers an impressive […]