Cryptocurrency News
In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December […]
In a remarkable turn of events, the gaming NFT and rental token, $PROM, has experienced a staggering surge of over 78% in the past 24 hours. Of course , this is accompanied by a remarkable 3300% increase in its 24-hour trading volume, propelling it to achieve a new yearly high […]
In a surprising turn of events, a wallet associated with the Polygon Foundation recently transferred 9 million MATIC tokens to Binance, one of the leading cryptocurrency exchanges, sparking significant attention within the crypto community. According to insights from analytics firm Spotonchain, Wallet 0x57f, which is linked to the Polygon Foundation, […]
As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, […]
Bitcoin’s trading volume surged to a highly-high as its market value peaked at $50k during the weekend frenzy, marking a +18% growth week. While Ethereum also experienced a slight boost, most other trading volumes remained relatively stagnant in comparison. 🚨 JUST IN: #Bitcoin Hits $50kFirst time since 12 months ago […]
As of 2024, Optimism stands out as the top performer in the layer 2 space, boasting the highest total active addresses compared to other layer 2 platforms. The growth rate of Optimism addresses surpasses its counterparts, positioning it as a frontrunner in the evolving landscape of layer 2 solutions. Optimism […]
Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data […]
The price of IMX has surged by more than 10% today and 32% over the past week, marking a significant uptick following a period of neutral trend. This notable increase indicates a growing bullish sentiment surrounding the currency, fueled by increased bull power within the cryptocurrency industry. In tandem with […]
Multibit ($MUBI), a dual-sided bridged token operating on both the BRC20 and ERC20 platforms, has experienced a significant downturn in its value over the past month. With losses exceeding 33% in the last 30 days and 21% in the past week, the token faces considerable downward pressure. Today, the decline […]
Bitcoin’s market value surged to $46.3K today, further solidifying its dominance over altcoins as traders remain cautious for the third consecutive week. The recent surge in Bitcoin’s price is attributed to crowd bearishness over the past three weeks. Santiment data reveals that only 5.3% of Bitcoin is currently held on […]
Litecoin (LTC) has shown signs of resurgence, climbing back above the $70 mark for the first time since January 22nd. Currently trading at $71.22, LTC has recorded a notable 3% gain in the past 24 hours. ⚡️📈 #Litecoin has had a mild emergence, rebounding back above $70 for the first […]
Despite recent speculation about a whale dump, the price of Lido DAO (LDO) has defied expectations, experiencing a 2.92% increase to reach $2.87 over the past 24 hours, countering the downward trend of the previous week. Reports surfaced a few hours ago indicating that MakerDAO founder Rune Christensen (@RuneKek) withdrew […]
The price of Space ID ($ID) has experienced a significant surge of approximately 87% after the announcement of its listing on Upbit. Recent on-chain reports have uncovered intriguing activity involving DWF Labs (DWFLabs), shedding light on a series of transactions. DWF Labs withdrew a substantial amount of $ID tokens, totaling […]
In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. 📉 […]
Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges. Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]
In recent hours, significant activity among whales has sparked attention in the cryptocurrency market, particularly surrounding the perpetual protocol’s token, $PERP. On-chain data analyzed by spotonchain revealed a noteworthy transaction involving Binance Labs, which deposited 750K PERP ($784K) into Binance at $1.05. This move follows a two-year period of inactivity […]
Bitcoin continues to assert its dominance in the financial landscape, with approximately $7.7 billion worth of economic value processed daily through Bitcoin transfers, underscoring its robustness. #Bitcoin Transfer Volumes remain extremely robust with around $7.7B/day in economic volume processed. However, an elevated presence of large size entities can be observed, […]
$LBR, a project in the LSDfi space, launched by an anonymous team with backing from Tornado Cash funds and endorsed by prominent figures like Blurr.eth ($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 […]