Cryptocurrency News
Celsius Network has made a significant move by burning a substantial portion of its CEL tokens, totaling 652.2 million CEL, equivalent to $85.75 million. This action represents a staggering 93.7% of the total CEL supply, effectively reducing the current total supply to 40.6 million CEL, as reported by CoinGecko. Following […]
Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong […]
Starting this week on a strong note, Hbar exploded massively and saw the most gains in the last 24 hours. As a result, it appeared super bullish on the daily chart, leading the altcoins rally today with a 70% increase. Coming from a major correction phase, Hbar found solid ground […]
Blur (BLUR) is facing significant challenges in the cryptocurrency market, with its recent struggles reflected in a 31.67% decrease in market cap over the past week and a further 6% decrease today. These declines underscore the difficulties the project is currently encountering. Recently, Blur unlocked 38.42 million BLUR tokens, valued […]
Initiating another sell-off this week, ORDI dipped to a four-month low and held it as support. The price bounced briefly in the past hours but it is currently the biggest loser of the day with a 17% drop in under 24 hours. Starting this week a bit strong, Ordi managed […]
The past three weeks saw DOT through a major corrective phase after posting 80% gains in two months. But now, it appeared to have ended the phase as it bounced off a key support trendline, looking poise for another run-up. Looking at the latest daily price actions, the asset has […]
ARB appeared to have found support with the latest positive actions across the market. Although, it remains bearish weekly as it may dip lower in the coming week. Otherwise, more recoveries are expected. As expected in the past months, Arbitrum’s price corrected deeper for three weeks and traded as low […]
Arbitrum’s value has seen a continuous decline as the new trading week unfolds, with a 4% decrease recorded today. Spotonchain reports indicate that Wintermute Trading has made additional deposits of 5 million ARB ($8.24 million) to Binance, averaging at $1.65 over the past 6 hours. Notably, this market maker has […]
Bouncing back from a slight correction mode, WIF resumed bullish and broke out to a new high a few hours ago. The price is up by 30% since yesterday, making it the top gainer of the market at the time of writing. During the past weeks of drops, Dogwifhat corrected […]
In March, Arbitrum ARB tokens have been experiencing notable movement onto exchanges, contributing to declines across monthly, weekly, and daily charts, with losses of 14%, 6%, and 3% respectively. According to reports from Spotonchain, the past week has seen significant activity from two tier-1 market makers, GSR Markets and Wintermute, […]
Following the recent release of a substantial number of vested tokens on March 16, whales holding Arbitrum (ARB) tokens have begun transferring their digital assets to cryptocurrency exchanges. On March 16, Arbitrum unlocked a staggering 1.1 billion ARB tokens, valued at $2.32 billion. This significant unlocking coincided with a market […]
After facing some hurdles in the past months, Waves finally broke out and tapped a year high today. It temporarily halted buying and retraced briefly. However, the price remains strong as bigger moves under way. Going back to when the price started to recover from $1.4 in late 2023, Waves […]
The cryptocurrency community is bracing for potential price fluctuations in ARB tokens as a significant number of tokens are set to be unlocked soon. On March 16, 1.11 billion ARB tokens, amounting to $2.26 billion and constituting 76.62% of the circulating supply, will become available for trading. This unlocking event […]
In recent market developments, Spell Token (SPELL), the native cryptocurrency of Abracadabra Money, has witnessed a notable surge in its value, marking a remarkable 13% increase in the last 24 hours and an impressive 59% surge over the past seven days. This surge in price follows a series of significant […]
Blur (BLUR) is swiftly capturing attention with its groundbreaking NFT trading platform built on Ethereum. Leveraging the Ethereum blockchain as an ERC-20 token, Blur benefits from the robust security provided by Ethereum’s Proof-of-Stake consensus mechanism. Setting itself apart from other NFT marketplaces, Blur boasts a plethora of features designed to […]
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 […]
The Shiba Inu (SHIB) token blockchain is currently witnessing a staggering surge in whale transactions. Particularly those amounting to $100,000 or more, which skyrocketed by an astonishing 1,314% in the last 24 hours. Large transactions involving $SHIB, valued at $100,000, have skyrocketed the price surge by 1,314% within the last […]
$DYDX, the Ethereum-based token, witnessed a notable shift in its dynamics after the recent token unlock event on December 1. With 150 million $DYDX tokens, equivalent to around $485 million and representing 83.2% of the circulating supply, being unlocked, the token’s Smart Money Outflow ranking on SpotOnChain rose to the […]