Cryptocurrency News
Bitcoin addresses holding between 1,000 and 10,000 BTC have been the primary accumulators during the recent price surge to $70,000. Over the past seven days, these addresses have collectively added 20,000 BTC, equivalent to $1.4 billion, to their balances. This significant accumulation highlights the strategic moves of large holders in […]
Solana-based memecoin Zack Morris ($ZACK) has captured attention by soaring 35% in the last 24 hours. According to on-chain data tracking platform Lookonchain, the developer behind $ZACK has been accumulating the token at remarkably low prices on the Pumpfun platform. A significant portion of $ZACK’s supply is held by developer-related […]
GALA is still looking indecisive on the short-term perspective but it is currently showing signs of strength following a 13% increase in the last 24 hours. A daily close above $0.05 could bring a new shift in the trend. The fundamentals surrounding Gala lately look positive and have generated a […]
Ethena (ENA) has seen a significant price surge today, climbing 20% with a 24-hour trading volume increase of 242%, pushing the token’s price towards the $0.90 mark. This impressive rise highlights the growing interest and trading activity around ENA. On-chain reports from Spotonchain reveal that a multisignature wallet linked to […]
Ethereum and its associated memecoin, $MOG, have seen a significant surge, with $MOG’s price increasing by 57% in the past 24 hours. This boost has propelled its market cap to over $351 million. The price of $Mog increased by 45% today. An address named "mogillionaire.eth" caught my eye. He spent […]
Bitcoin markets have seen a period of calm following months of significant distribution pressure. While capital inflows have remained modest, the reduction in sell-side activity and compression of volatility suggest that a significant move could be imminent. #Bitcoin markets have experienced a cool down after several months of intense distribution […]
As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback. So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
Amid the resurgence of Real-World Assets (RWA) and the Tokenfi trend, DWF Labs has made a significant move by depositing 3 million TOKEN ($322K) to Gate.io at $0.107 per TOKEN. This transaction highlights DWF Labs’ strategic engagement with the TOKEN ecosystem. Notably, DWF Labs received 120 million TOKEN from two […]
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor. Even if the ETF is rejected, there is a high likelihood of […]
Chainlink (LINK) has experienced a significant surge, with its market cap climbing by 19% in the past 24 hours, decoupling from the broader altcoin market. This rally has brought the number of 100,000+ LINK holders to 564, marking a 4.6% increase in just five weeks. If social dominance remains stable […]
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
Bitcoin ETF volumes are gaining significant momentum, with the seven largest ETFs recording a combined $5.65 billion, marking the highest daily volume since March 24th. This surge indicates a shift in market dynamics, moving beyond the days when whales predominantly accumulated Bitcoin on-chain. 📈 #BitcoinETF volume is picking up major […]
Transaction fees on the Ethereum network have reached their lowest point in six months, largely due to the increasing adoption of layer 2 (L2) scaling solutions. In April, L2 projects accounted for a record-breaking 82% of all transactions, signaling a significant shift in how users interact with the blockchain. The […]
Bitcoin’s recent surge in funding rate on exchanges like DyDx and Deribit is causing concern among crypto enthusiasts, who are wary of history repeating itself after last week’s market top. With bullish sentiments prevailing, there’s a desire to keep Bitcoin FOMO (Fear of Missing Out) in check, ensuring that shorts […]
Render Token, an Ethereum-based distributed GPU rendering token, faced a sharp decline of 11% in its value today, marking a significant downturn in its price. This drop comes amidst a period of volatility in the cryptocurrency market, with investors closely monitoring developments within the ecosystem. According to data from Spotonchain, […]
The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion. This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]
The latest surge in Bitcoin’s price seemed to have restored bullish hope as it bounced off a key level last week. It reiterated positive actions today and is now looking poise for a shift amid a fresh surge. Starting this month on a bullish note, Bitcoin recovered nicely from a […]