Cryptocurrency News
According to Benjamin Cowen, CEO and Founder of ITC Crypto, Ethereum could be heading towards a significant price correction by the end of 2024. Cowen notes that the wedge pattern Ethereum has formed this cycle features higher lows, nearly 10x those of the wedge formed in 2019. However, the similarities […]
A few months ago, optimism around Bitcoin was at its peak, with many expecting new all-time highs. However, that enthusiasm has since shifted, leaving investors wondering whether this is merely a quiet phase or the start of a prolonged bear market. đ§”A few months ago, optimism was soaring, with many […]
TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRONâs stablecoin market cap, accounting for approximately 99% at $58.5 […]
The bulls have continued to suffer a loss on a monthly scale as the market recently resumed a sell-off. This puts Ethereum in a more bearish state as it declined by 45% in four months. It is redistributing for a huge drop. ETH saw a slight rejection after almost reclaiming […]
Polygon’s recent migration from $MATIC to $POL has sparked significant changes, leading to data anomalies in its first few days. After a year of community discussions, the MATIC to POL upgrade is now live, marking a major milestone in Polygonâs evolution. From now on, all transactions on Polygon PoS will […]
As traders eagerly await a possible rebound in Bitcoin and the broader crypto market, three notable assetsâCardano (ADA), Quant (QNT), and Holo (HOT)âhave seen a sudden spike in address activity. Historically, when coins experiencing a decline in value suddenly witness such activity increases, it often indicates a potential price bounce. […]
This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoinâs price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]
$AAVE, one of the leading DeFi tokens, is experiencing a notable surge, climbing 6% in the past hour. It’s been one of the top tokens accumulated by “smart money” over the last 24 hours, signaling strong interest from investors. Even during the bear market, $AAVE consistently generated over $1 million […]
Once a top SocialFi project backed by tier 1 venture capital firm Paradigm, Friend.tech $FRIEND is now facing serious challenges. Today, the $FRIEND token experienced a significant drop of 40%, leaving investors increasingly concerned about the future of the project. The price decline comes on the heels of the development […]
The $MAGA token, a leading force in the Politifi sector, is currently trending as the #1 token on DEXTools, even as buyers seize the dip opportunity. The biggest Politifi brand, narrative, and ticker, $MAGA, is trending #1 on DEXTools, even during a buy-the-dip opportunity. đđ° pic.twitter.com/yPyqYzdn8s — $MAGA (@MagaHAT_ETH) September […]
Helium (HNT) has seen a remarkable surge of 18% over the past week, standing out in a period where most major cryptocurrencies faced losses. With HNT’s price climbing above $8.3, the token has demonstrated resilience and impressive performance against broader market trends. #CMCNews: Helium (HNT) has surged by 18% over […]
Chainlink (LINK) is experiencing its highest level of social media discussion in 2024. This surge in engagement, combined with a drop in the total number of holders, could signal positive potential if market conditions stabilize in the coming week. Currently priced at $10.22, LINK has dropped 18% since reaching a […]
August 2024 has been a dynamic month for Layer 2 platforms, with notable shifts in total addresses, transactions, and total value locked (TVL). Leading the charge in unique addresses are Optimism, Base, and Arbitrum, while Base and opBNB excel in transaction volume. Unique Addresses and Growth Optimism (162.5M), Base (113.3M), […]
An Ether.fi multi-signature wallet, associated with address 0x57C…15491, has once again made headlines by transferring 1.6 million $ETHFI tokens, valued at $2.05 million, to Binance. This transfer comes just a week after the previous transaction, marking the latest in a series of significant token movements. Since April 1, when the […]
Addresses holding between 100 and 1,000 BTC have significantly increased their share of the circulating Bitcoin supply, now controlling 20.3%, or approximately 4.01 million BTC. This represents a 5% rise from the 3.82 million BTC held six months ago, indicating a growing trend of accumulation among large holders. Addresses holding […]
Ethereum has reached a four-month peak in network growth, with 126,210 new wallets created on a traditionally quiet Sunday. This surge suggests rising network utility and hints at potential price rebounds from the $2,200-$2,300 range. đ Ethereum has just hit a 4-month high in network growth, on a day (Sunday) […]
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
DeFi continues to evolve with Aave’s recent expansion onto the Aptos blockchain, signaling a move beyond Ethereum Virtual Machine (EVM) compatibility. Aptos brings the promise of faster, cross-chain solutions tailored for high-performance transactions, setting the stage for Aave’s growth as stablecoin adoption gains momentum. âDeFi will eat financeâ DeFi's evolution […]