Cryptocurrency News
Bitcoin’s trading volume surged to a highly-high as its market value peaked at $50k during the weekend frenzy, marking a +18% growth week. While Ethereum also experienced a slight boost, most other trading volumes remained relatively stagnant in comparison. 🚨 JUST IN: #Bitcoin Hits $50kFirst time since 12 months ago […]
As of 2024, Optimism stands out as the top performer in the layer 2 space, boasting the highest total active addresses compared to other layer 2 platforms. The growth rate of Optimism addresses surpasses its counterparts, positioning it as a frontrunner in the evolving landscape of layer 2 solutions. Optimism […]
Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data […]
The price of IMX has surged by more than 10% today and 32% over the past week, marking a significant uptick following a period of neutral trend. This notable increase indicates a growing bullish sentiment surrounding the currency, fueled by increased bull power within the cryptocurrency industry. In tandem with […]
Multibit ($MUBI), a dual-sided bridged token operating on both the BRC20 and ERC20 platforms, has experienced a significant downturn in its value over the past month. With losses exceeding 33% in the last 30 days and 21% in the past week, the token faces considerable downward pressure. Today, the decline […]
Bitcoin’s market value surged to $46.3K today, further solidifying its dominance over altcoins as traders remain cautious for the third consecutive week. The recent surge in Bitcoin’s price is attributed to crowd bearishness over the past three weeks. Santiment data reveals that only 5.3% of Bitcoin is currently held on […]
Litecoin (LTC) has shown signs of resurgence, climbing back above the $70 mark for the first time since January 22nd. Currently trading at $71.22, LTC has recorded a notable 3% gain in the past 24 hours. ⚡️📈 #Litecoin has had a mild emergence, rebounding back above $70 for the first […]
Despite recent speculation about a whale dump, the price of Lido DAO (LDO) has defied expectations, experiencing a 2.92% increase to reach $2.87 over the past 24 hours, countering the downward trend of the previous week. Reports surfaced a few hours ago indicating that MakerDAO founder Rune Christensen (@RuneKek) withdrew […]
The price of Space ID ($ID) has experienced a significant surge of approximately 87% after the announcement of its listing on Upbit. Recent on-chain reports have uncovered intriguing activity involving DWF Labs (DWFLabs), shedding light on a series of transactions. DWF Labs withdrew a substantial amount of $ID tokens, totaling […]
In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. 📉 […]
Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges. Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]
In recent hours, significant activity among whales has sparked attention in the cryptocurrency market, particularly surrounding the perpetual protocol’s token, $PERP. On-chain data analyzed by spotonchain revealed a noteworthy transaction involving Binance Labs, which deposited 750K PERP ($784K) into Binance at $1.05. This move follows a two-year period of inactivity […]
Bitcoin continues to assert its dominance in the financial landscape, with approximately $7.7 billion worth of economic value processed daily through Bitcoin transfers, underscoring its robustness. #Bitcoin Transfer Volumes remain extremely robust with around $7.7B/day in economic volume processed. However, an elevated presence of large size entities can be observed, […]
$LBR, a project in the LSDfi space, launched by an anonymous team with backing from Tornado Cash funds and endorsed by prominent figures like Blurr.eth ($RFD deployer) and Michael Patryn (@0xSifu), has encountered a substantial downturn. The project witnessed a remarkable TVL surpassing 100M within a month of its inception […]
Binance has officially declared the listing of $RON token, with preparations underway since the token collection on January 26th. As of now, the Binance hot wallet 0xb32…bAFA3 contains 432,000 RON, valuing at $1.21 million. Bingo😉币安官宣上 $RON 啦，01.26 的代币归集果然是在为上币做准备 目前 #Binance 热钱包 0xb32…bAFA3 已持有 43.2 万枚 RON，价值 121 万美金，地址传送门 👉 https://t.co/hZ4NJxSv6h […]
The price of Chainlink’s ($LINK) token has surged to new heights, reaching $19 and marking a significant 7.22% increase over the past 24 hours, hitting a yearly peak of $19.54. This surge reflects the massive bullish momentum that LINK has been experiencing, with a remarkable 34% gain over the past […]
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 […]
Aave, a prominent DeFi platform, has encountered a downward trend over the past three months, witnessing a significant 25% decline in its value. The bearish sentiment persists, with additional losses of 12% and 3% observed over the past 7 days and 24 hours, respectively. Insights from on-chain analytics provided by […]