Cryptocurrency News
MakerDAO has achieved an impressive milestone, marking five consecutive quarters of revenue growth. Despite this, $MKR continues to trade at historical price-to-sales (P/S) lows, making it an enticing prospect for investors. The anticipation surrounding the rebrand and launch of NewStable further solidifies $MKR as a token too cheap to ignore. […]
July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token […]
This month, Aave V3 saw a dramatic spike in liquidations, with $10 million liquidated in a single day, the highest amount since April. This surge in liquidations has contributed to a downward spiral in asset prices, as the selling pressure from these liquidations exacerbates market declines. $10M was liquidated in […]
While several altcoins have recorded a heavy loss in the past months with some trading back at their bottom, OM traded well above a key price level for three months and resumed bullish. During the past months of the clampdown, OM saw little reduction compared to other cryptocurrencies that recently […]
As the trading start of the ETH ETF nears, institutional interest in Ethereum is set to rise. On-chain reports indicate significant accumulation of Ethereum ecosystem tokens by whales and institutions. A recent activity highlights aavebank.eth withdrawing a substantial amount of tokens from Binance, including 21,027 $AAVE ($1.98M), 205,493 $UNI ($1.62M), […]
One hour ago, wallet 0x3dfe (icrypto.ai/wallet/0x3dfed…) withdrew 2.5 million $RNDR, valued at $14.96 million, from OKX and transferred the entire amount through Wormhole to swap to the Solana chain just 10 minutes ago. This significant movement occurs in the context of $RNDR undergoing a migration to $RENDER. The token migration […]
$ENA is currently not looking promising, with its price approaching the next support level of $0.30 amidst persistent bearish trends. Despite this, there is anticipation for a reversal, as Ethena holds the potential to excel during the upcoming bull market, having seen 140% gains in the previous rally. $ENA is […]
A recent cyber alert has detected multiple suspicious transactions involving the @DoughFina account. Following communication with the AAVE team, it has been confirmed that AAVE pools remain unaffected by these activities. The attacker, who was funded through Railgun, managed to swap all the stolen $USDC into $ETH, resulting in a […]
In a significant development for the XAI project, an address associated with the project’s owner (0xe4d…c6FeF) transferred 11.01 million XAI tokens to GSR Markets. These tokens, valued at $3.89 million, have now been deposited into Binance. This address had previously received 37.34 million tokens on January 8, 2024, prior to […]
In just over a month since its launch, $PEIPEI has established itself as a powerhouse in the memecoin sector, even amidst recent market volatility. With over 25,000 holders, the “Chinese Pepe” has surged past the $100 million market cap, demonstrating its strong appeal and resilience. $PEIPEI has quickly ascended to […]
Today, Binance, the world’s largest crypto exchange, announced its support for the $RNDR token swap to $RENDER, with a 1:1 conversion ratio. This development solidifies $RENDER as a true Solana ecosystem coin, potentially setting the stage for significant growth with Solana Breakpoint as a major catalyst. 🚨BREAKING: @binance, the world's […]
In the past 30 days, Bitcoin has witnessed notable shifts in ownership patterns, particularly among custodial wallets categorized as permanent holders, which have accumulated 85,000 BTC. These entities, distinct from ETFs, exchanges, or miners, have shown a steadfast commitment with no outflows recorded. Conversely, ETF holdings saw a net outflow […]
In a significant development an hour ago, two whale addresses, possibly controlled by the same individual, deposited substantial amounts of $MKR and $LDO onto FalconX. The activity has drawn considerable attention in the crypto community. Wallet 0x3a2c (icrypto.ai/wallet/0x3a2C4…) deposited 2.4 million $LDO, valued at $3.78 million, while retaining a balance […]
The daily market outlook is still much dicey despite the latest recovery. However, Avalanche has seen a nice 7% increase since yesterday but the price looks indecisive as it continues to maintain a sideways trend. Avax’s performance over the past three weeks has been relatively low as it entered a […]
This month, Chainlink underwent another downturn after staying above key support since the start of the year. It recently bounced off and is now showing signs of strength daily following the latest market recoveries. Following past weeks of drops, which led to a significant breakdown of a key support level […]
Kaspa recently rejected a key price level but is currently footing a fresh increase after experiencing a serious reduction in the past week. A surge above a minor resistance should bring significant gains in a few days. Starting this month on a negative note, Kaspa underwent a retracement after rising […]
A noteworthy transaction involving a major holder of Pendle tokens has emerged in the cryptocurrency market. Yesterday, an early investor deposited 447,350 PENDLE, valued at approximately $1.74 million, into Binance. This investor had received 562,500 PENDLE tokens two years ago and had not sold any until now. 5 hours ago, […]
AethirCloud, a project dedicated to decentralized GPU cloud infrastructure, has been making significant strides recently. Despite the broader market downturn, Aethir is showing bullish trends on all timeframes on CoinMarketCap, currently up 4% over the past 24 hours. On-chain data reveals that Whale 0xe2338 (icrypto.ai/wallet/0xe2338…) recently withdrew 3.6 million $ATH, […]