Cryptocurrency News
After pausing buying pressure in the mid-week due to a slight rejection, LTC dropped and found nearby support. It bounced back and continued to show signs of strength but is yet to break higher weekly. Earlier this month, Litecoin found support at around $ 57 and started to climb back […]
Trondao, a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced its support from OMNIA Protocol. This collaboration enables users to generate secure TRON Network RPC endpoints, significantly enhancing cross-chain communication. BREAKING🗞️@trondao – a community-governed DAO dedicated to accelerating the […]
Tether ($USDT) continues to reign supreme in the stablecoin market, with its market capitalization soaring to $112.5 billion in July 2024, up from $66.6 billion in January 2023. This remarkable growth highlights Tether’s sustained dominance in the sector. The stablecoin landscape has seen new entrants such as $PYUSD and $FDUSD, […]
$MNT is displaying strong bullish momentum today. After solidifying its support at $0.52, the token is continuing its upward trajectory, bolstered by a positive $BTC trend. At this rate, reaching the next target of $1.26 may happen sooner than anticipated. The previous rally saw impressive gains of 470%. Over the […]
Bitcoin whales, addresses holding 1,000 or more BTC, now possess a staggering 7.9 million BTC, marking a two-year high and representing 40% of the circulating supply. This accumulation trend signals strong confidence among large holders in the future value of Bitcoin. Bitcoin holdings for addresses containing 1,000 or more BTC […]
Several altcoins went down earlier today due to a slight decrease in the global market cap but many are resurging along with Raydium, which just broke out to a three-month high following a massive surge. Picking up from a low of $1.4 last month, Ray has seen a notable increase […]
BNB’s price just broke out to a new monthly high after a slight pause in buying. Following this latest move, it will likely show more strength in the next few days as it sees a 30% recovery in two weeks. Following recent price recovery across the crypto space, BNB ended […]
The ETHFI Claiming Season 2 has commenced, offering traders double the claim amount compared to Season 1. As a result, traders are advised to be vigilant for a potential drop in the price of ETHFI. In the previous season, 11.1 million $ETHFI, valued at approximately $44.5 million, were claimed. This […]
JUP’s price jumped by another 10% today in continuation of the latest recovery, although is yet to break out of its bearish structure on the daily chart. It appeared bullish but is now facing a psychological level. A few days ago, JUP traded as low as $0.64 after losing more […]
Recent developments in the Bitcoin market have showcased notable shifts in both supply and institutional interest. The market absorbed over 48,000 BTC from sell-offs sourced by the German Government, coinciding with anticipated Mt. Gox distributions in the near future. Bitcoin’s daily on-chain volume now hovers around $46.4 billion, comparable to […]
A report from Cyver Alert revealed a phishing attack that occurred over a year ago, resulting in the loss of nearly $32 million in staked Ethereum (stETH). The victim had fallen prey to a malicious contract, leading to the significant theft. On July 6th, the attacker unexpectedly reached out with […]
Render (RNDR), Aave (AAVE), and Maker (MKR) have recently seen significant increases in address activity, suggesting potential bullish trends for these altcoins. Historically, rising levels of wallet interactions on blockchain networks are often early indicators of future price gains. Six hours ago, the Render Network project’s multi-signature address transferred 1.6 […]
The SEC has given the green light for spot Ethereum ETFs to commence trading on July 23. According to Bloomberg analyst Eric Balchunas, the SEC has instructed issuers to submit the final S-1 form by Wednesday and apply for effectiveness after the market closes next Monday, allowing trading to start […]
The cryptocurrency market is witnessing a significant resurgence, with Bitcoin climbing back to $63.3K. This rally began almost immediately after the near-assassination of former President Trump on Saturday, and the bullish momentum has shown no signs of slowing down. However, experts recommend caution, as the crowd’s overwhelming bullish sentiment could […]
Interest in $MKR has surged recently, primarily due to its robust financial performance and strategic potential. MakerDAO, the project behind $MKR, is generating $85 million in quarterly revenue, reaching an all-time high. With nearly all $MKR coins already in circulation, the project stands out in a market where many are […]
This week, from July 15 to 21, ten notable cryptocurrency projects are scheduled to unlock significant amounts of their tokens. These unlock events often influence market dynamics as investors anticipate potential price movements. 1. $ARB: On July 16, $ARB will unlock $67.85 million worth of tokens, representing 0.93% of the […]
Posting a 20% gain in two weeks, Bitcoin broke through several crucial resistance levels and swiftly changed negative sentiment to positive. A monthly close above June’s high will confirm a complete trend reversal. Following the latest movement in Bitcoin’s price, which drove the global crypto market cap up lately, a […]
Chainlink’s key stakeholders, those holding between 10,000 and 1 million LINK, have been in a significant accumulation phase during the recent market downturn. Since June 24th, these stakeholders have added a substantial 9.2 million LINK to their collective holdings, representing a 4.65% increase. 🐳📈 Chainlink's key stakeholders with 10K-1M coins […]