Cryptocurrency News
On August 13, the Aptos network experienced an unprecedented surge in user activity, with transaction numbers skyrocketing to 51.6 million—a staggering increase of over 3,570% from the previous day. This marked the highest transaction count since May 25, 2024. Additionally, the network’s User TPS (Transactions Per Second) hit 14,300, the […]
Yesterday, the crypto market witnessed a significant event: over $1 billion in USDT was withdrawn from exchanges, marking the largest outflow of Tether since May. While large deposits on exchanges are often seen as bullish, signaling that investors are preparing to buy assets, withdrawals can be more complex and open […]
Jump Trading, a major player in the cryptocurrency space, might be gearing up for a significant Ethereum sell-off. Just an hour ago, the firm unstaked 17,049 ETH (valued at $46.5 million) from Lido and transferred the funds to the selling address “0xf58.” This move has sparked speculation that a large-scale […]
DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ […]
Bitcoin made a remarkable leap, briefly soaring past $62.6K—a staggering 25% increase in just over three days. This unexpected surge caught many average traders off guard, highlighting the volatile nature of the cryptocurrency market. As excitement builds, some investors are now eyeing potential price targets of $70K to $75K for […]
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost […]
Litecoin joined other top coins in the recent increase but it has slowed down buying today after facing a key level. While it appears weak, the asset may resume bearish momentum if the supply level increases. Last month’s trading was a bit relieving due to a slight break in selling […]
Within just 24 hours of its creation, the new MEMEcoin $RTR has already generated significant activity in the crypto market. In a surprising turn of events, five newly created wallets, suspected to be controlled by insiders, earned over $4 million in just six hours. These five wallets collectively spent approximately […]
In a significant market development, Bitcoin has surged past the $60,000 mark, signaling renewed investor enthusiasm. Recent data highlights notable institutional activity surrounding the cryptocurrency, particularly involving Cumberland and Tether Treasury. Over the past 24 hours, Cumberland has received $73 million in USDT from Tether Treasury. This influx is part […]
An institution recently suffered a significant loss after offloading its entire 25 million CRV holdings over the past three days. The sale, executed at an average price of $0.22 per CRV, resulted in a $4.58 million loss. Originally, the institution had invested $10 million to acquire these 25 million CRV […]
Aave has established itself as the leading decentralized lending protocol, boasting over $10 billion in Total Value Locked (TVL). Ranking as the third-largest decentralized application (dApp) by TVL, Aave trails only behind Lido’s $24 billion and EigenLayer’s $12 billion, solidifying its crucial role in the DeFi ecosystem. Lending remains a […]
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. 📈 Solana has been making some separation against other altcoins, surging +7.5% […]
$SOL is once again leading the market recovery among the top 10 cryptocurrencies by market cap, having surged 10% in the last 60 minutes. The price of Solana has shown strong signs of recovery, forming a “W” pattern on lower time frames. A sustained close above $125 could see $SOL […]
Arbitrum’s price has reached a critical trading level again in the latest dip. But it appeared to have found a temporal support and now trades calmly. A major move at this support will determine the next direction. After a three-week break from a low of $0.56 in July, Arbitrum retraced […]
Litecoin saw a notable 10% weekly drop in the latest dip and lost a key level. While the trend looks highly bearish on the daily chart, it has seen a slight increase in the past hour. Last week was a bit calm for Litecoin as it stayed in a consolidation […]
Last month saw Cardano through a small relief period after undergoing a two-week bounce off a key low level. However, it later encountered resistance and slowly resumed bearish momentum daily. ADA’s market structure has continued to turn bearish on a daily scale due to a lot of deductions in the […]
Uniswap remains a cornerstone in the crypto space, significantly contributing to the ecosystem’s growth. Here’s a look at some pivotal moments in Uniswap’s history: 1. Uniswap Launch (Nov 2, 2018) – The inception of Uniswap marked a new era in decentralized exchanges. 2. Uniswap V2 Launch (May 18, 2020) – […]
Digital asset investment products have seen their first outflow of funds in four weeks, totaling $528 million, according to CoinShares. This trend is attributed to the looming US recession, geopolitical tensions, and widespread market liquidation. Bitcoin and Ethereum funds were hit hardest, with outflows of $400 million and $146 million, […]