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 […]
Tag: Profit
Crypto Whales Accumulate $3 Billion Worth Of Bitcoin In January
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, […]
Polygon Nearly Matches Ethereum In User Acquisition in 2023, Adds 2.8 Million Users This January
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 […]
AltLayer Token, ALT Surges Following Binance Launchpool Debut
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 Faces Significant Decline After Exploitation Incident
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 […]
Examining DAI’s Dominance In The CDP Ecosystem
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]
Bitcoin Wallet Liquidations Signal Capitulation Among Traders
Recent data indicates a notable decline in the total number of Bitcoin wallets, marking the swiftest rate since early October, just before the major crypto bull cycle began. Over the past four days, more than 487,000 wallets holding 1 $BTC or less have been liquidated. This reflects a 0.94% decrease […]
$LSK Sees Good 25% Price Increase While The Rest Of The Market Suffers Bitcoin’s Dip, Here’s Why
$LSK has experienced an impressive surge, soaring over 25% in the last 24 hours and achieving a substantial 2800% gain in its 24-hour trading volume. This recent upswing can be attributed to the team’s announcement of $LSK’s strategic move towards Ethereum and the Optimism Superchain. A Significant Packed 2024 For […]
Notable Recent Ethereum Crypto Whale’s Movement To Monitor
Whales in the crypto sphere have made significant moves with Ethereum ($ETH), as revealed by recent on-chain reports. Celsius Network, in a notable development, released a pledge of 202,090 ETH, equivalent to $445 million, and initiated a transfer to the address 0xDb3…0998d. This address has now accumulated a total of […]
Bitcoin Cash $BCH Takes The Spotlight While Bitcoin Battles Selling Pressure
Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]
Whales Target This Top Three Altcoins: $UMA, $LDO, $AAVE, Watch Out For Price Action
Whales in the crypto realm have recently shown a keen interest in three specific tokens – UMA, LDO, and AAVE, according to on-chain reports. UMA has been a standout performer, delighting investors with an impressive surge of over 190% in the past week and a remarkable 289% increase over the […]
Cryptocurrency Market Faces Contraction As Bitcoin And Ethereum Decline
The cryptocurrency market witnessed a notable downturn as Bitcoin slipped below the $40,000 mark, accompanied by Ethereum’s decline to a low of $2,303. Reports reveal significant movements of Ethereum by Celsius and FTX. Celsius Network initiated the transfer of 15,200 ETH ($36.04 million) to Coinbase and FalconX. Despite this movement, […]
Bitcoin’s Price Dips Below $40K Amid Industry Struggles
Bitcoin faced a significant downturn, dropping below $40K for the first time since December 4th, causing widespread concern across the cryptocurrency market. Monday witnessed notable setbacks for various digital assets, with Bitcoin and Ethereum experiencing a 35% and 21% reduction in discussions compared to the previous ETF approval week. 📉 […]
Ethereum’s Varied Signals: Whales Accumulate Amid Foundation Sales
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. […]
Blockchain Finance Firm Ondo Expands Into Asia Pacific Amid On-Chain Activity Concerns
Leading blockchain finance company Ondo Finance has made a strategic move into the Asia Pacific region, marking its entry with the opening of its inaugural office in the area. The expansion aims to strengthen Ondo Finance’s presence and offerings in the rapidly growing market. Ondo Finance is introducing three tokenized […]
Altcoins Forge Distinct Paths Amid Bitcoin Spot ETF Approval Buzz
Following the recent milestone of Bitcoin Spot ETF approval, altcoins are displaying notable divergence in market dynamics: Ethereum Name Service (ENS) has witnessed an impressive surge, marking a remarkable 163% gain in the last month. ENS, propelled by positive remarks from Ethereum founder Vitalik Buterin, reached a peak of $27 […]
Whale Sell-Offs Indicate Significant Downturn For $LDO And $AAVE
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable […]
Polygon Faces Allegations Of Token Allocation Issues And Suspicious Flows To Exchanges
Polygon, a prominent blockchain network, is under scrutiny for apparent discrepancies in its token distributions, raising concerns about potential collaboration with Binance, as reported by intelligence organization ChainArgos. ChainArgos conducted research revealing disparities between Polygon’s stated objectives for token distribution and the actual movement of tokens. The primary focus of […]