Cryptocurrency News
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 Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month.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 […]
Token unlocks are often viewed as significant events that can impact market dynamics. The release of unlocked tokens introduces additional selling pressure on trading platforms, influencing price movements and investor sentiments. According to insights from Wublockchain, the upcoming month of February is poised to witness several notable token unlocks across […]
Aave, a prominent DeFi platform, has encountered a downward trend over the past three months, witnessing a significant 25% decline in its value. The bearish sentiment persists, with additional losses of 12% and 3% observed over the past 7 days and 24 hours, respectively. Insights from on-chain analytics provided by […]
Bitcoin is currently experiencing one of its most notable accumulation streaks in nearly three years, as indicated by the Accumulation Trend Score remaining near 1 for the past four months. This sustained trend reflects a growing confidence among larger entities in the Bitcoin market, signaling positive sentiment. #Bitcoin is witnessing […]
Pendle, known for tokenizing and trading future yield, has reached a new milestone as its native asset surges to an annual high of $2.791. The protocol’s developers facilitated this surge by depositing millions of PENDLE tokens to the Binance exchange. Two wallets, likely owned by investors in Pendle, deposited 477,211 […]
Bitcoin’s price surged past the $42,000 barrier, reaching $43,838, breaking through resistance levels at $42,500 and $43,200. Currently, the price is consolidating gains above the $42,500 resistance zone, although bears emerged after it hit the $43,800 mark. In recent on-chain reports, Grayscale deposited 4,419 BTC ($191M) into Coinbase Prime, bringing […]
Despite losing some chunks of dollars in the last couple of weeks, Radium’s price is still up by a staggering 550% in 90 days as it sits above a key support level. It resurged this week and saw a rejection few hours ago. The Solana-based automated market makes (AMM) and […]
According to intotheblock, prominent crypto whales and institutional investors have collectively amassed $3 billion worth of Bitcoin this month. The quantity of Bitcoin held in wallets with over 1,000 BTC has surged by more than 76,000 BTC, reaching a total of approximately 7.8 million BTC. 📊#Crypto whales, or large investors, […]
In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside. The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million. NEW: Polygon acquired […]
The AltLayer token, ALT has been on a remarkable upward trajectory since its launch as the 45th project on Binance Launchpool. Over the past 24 hours, the token has witnessed a 9% increase in price, accompanied by a substantial 23% gain over the past week. However, it’s worth noting that […]
Wall Street Memes (WSM) cryptocurrency has experienced a notable downturn following a coordinated attack on its staking and liquidity systems. The exploit resulted in a drastic 30% price drop in the cryptocurrency, contributing to substantial losses across various time frames. The $WSM price has dropped ~35% (24H) as the exploiter […]