This summer, $AAVE has seen a significant rise, nearly doubling in value against ETH and climbing 50% in dollar terms, fueled by the excitement surrounding a new “Aavenomics” update proposal. The update aims to reduce risks and enhance rewards for stakers by utilizing revenue instead of relying on inflationary yields, […]
Tag: trading
Ethereum’s Quiet Strength: A Deep Dive Into Its Fundamentals
Despite a lull in on-chain activity, Ethereum’s gas fees have remained remarkably low, hovering below 2 Gwei since April. Meanwhile, the total ETH supply has grown by a modest 228,000, translating to an annual inflation rate of 0.5%. But beneath the surface, Ethereum’s fundamentals are flourishing. Due to the decrease […]
Arbitrum’s ARB Token Faces Pressure Amidst Supply Concerns
In a recent development, GSR Markets withdrew 7.91 million ARB tokens, worth $4.38 million, from Coinbase. Historical transaction data suggests that these tokens will be replenished after a brief period. However, ARB’s struggles continue, with the token hitting an all-time low of $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
Bitcoin Whales Accumulate Amid Market Recovery As Mining Costs Surge In Q2 2024
Over the past six weeks, Bitcoin’s largest holders, specifically wallets containing between 100 to 1,000 BTC, have increased their holdings by an additional 94,700 coins. This accumulation comes as many traders, shaken by recent market volatility, have exited the crypto space, while key stakeholders have continued to bolster their positions. […]
Ethereum Price Climbs As Exchange Balances Drop Below 10%
Ethereum has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. 👀 […]
BITCOIN PRICE ANALYSIS & PREDICTION (August 20) – BTC Gathers Liquidity For A Major Move, Where Is It Heading Next?
Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time. After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. […]
Polygon Set To Migrate from MATIC To POL Tokens On September 4
Polygon has announced that the migration from MATIC to POL tokens will officially take place on September 4, 2024. POL will replace MATIC as the native gas and staking token of the Polygon Proof-of-Stake (PoS) network and will play a crucial role in the network’s AggLayer, a key part of […]
Behind The Scenes Of $RARE’s Meteoric Rise: How Smart Money Profited Ahead Of Binance Listing
On August 15, Binance Futures listed $RARE, sparking a massive surge in the token’s value. But according to data from Arkham Intelligence, something significant was happening long before the official listing. Was RARE pump pre-planned? Binance futures listed $RARE on 15th August But something was happening way before #Binance listing […]
Digital Asset Investment Sees $30M Inflow, Bitcoin Dominates Amid Solana Outflows
According to a recent report from CoinShares, digital asset investment products attracted a total inflow of $30 million last week. Bitcoin led the charge with $42 million in inflows, signaling renewed investor confidence as the cryptocurrency continues to navigate the early stages of the post-halving cycle. Ethereum, by contrast, saw […]
StableJack: Transforming The Stablecoin Market On Avalanche With Innovative Solutions
StableJack is making waves in the stablecoin sector on the Avalanche blockchain with two innovative products designed to enhance capital efficiency and reduce risks. These offerings allow users to mint $xAVAX, providing leveraged exposure to AVAX without the risk of liquidation, and $aUSD, a yield-bearing stablecoin that offers an impressive […]
Neiro Surges To New All-Time High Amidst Smart Money Activity
Neiro ($NEIRO) has seen a remarkable surge, climbing 130% since iCrypto’s post yesterday and reaching a new all-time high. This rapid ascent has drawn significant attention, particularly from savvy investors closely tracking the token’s movements. One Smart Wallet highlighted by iCrypto yesterday has yet to sell, despite sitting on an […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 18) – LTC Continues Retracement Amid Bearish, Recovers 10% Weekly
While most altcoins took a slight downturn this week, Litecoin’s price remained strong and showed signs of strength daily. It seems to have reached a rejection point, where a fresh drop may occur. Litecoin’s market structure is still bearish on the daily chart following a lower low and lower high […]
Massive $ETHFI Transfer Hits Binance As Airdrop Data Unveiled
In recent developments, EtherFi, Renzo, and AltLayer have collectively airdropped approximately $5 million in tokens to EigenLabs employees, according to CoinDesk. The airdrop figures reveal significant token distributions across these platforms, which have also seen notable trading activity. EtherFi distributed 10,491 $ETHFI tokens to each of 44 addresses, amounting to […]
Ethereum Founder Vitalik Buterin Sells Memes, Sparking $Neiro Surge
Vitalik Buterin, the renowned Ethereum founder, recently made headlines by selling off a collection of memes he had accumulated over the past year, including the $Neiro token. This move has significantly impacted the $Neiro market, leading to a remarkable 700% surge in the token’s value. $NEIRO Price Settles Down Since […]
VOW Token Drops 80% After V$ Contract Exchange Rate Glitch Sparks Panic
VOW token experienced a dramatic 80% drop following a technical mishap involving the USD rate setter function of the V$ contract. The incident occurred as the development team was testing this function, which is critical for minting V$ for new lending pools and oracle functions. During testing, the team adjusted […]
Aptos Network Sees Record Transaction Surge As Ecosystem Thrives In 2024
On August 13, the Aptos network experienced an unprecedented surge in user activity, with transaction numbers skyrocketing to 51.6 million—a staggering increase of over 3,570% from the previous day. This marked the highest transaction count since May 25, 2024. Additionally, the network’s User TPS (Transactions Per Second) hit 14,300, the […]
Ethereum Layer 2 Sets Record With 12.42 Million Transactions, Driven By Memecoin Mania
In an unexpected turn of events, Ethereum’s Layer 2 ecosystem recently hit a record-breaking 12.42 million transactions in a single day, largely fueled by the surging popularity of memecoins. Who could have imagined that digital coins based on memes would push Ethereum’s scalability solutions to such unprecedented heights? 🔔Ethereum Layer […]
Daily Token Unlocks: The Subtle Drivers Of Inflation In Crypto Markets
Did you know that some cryptocurrency projects have vesting schedules where tokens are unlocked daily, often flying under the radar? This quiet but constant release of tokens can lead to significant inflation in the market, frequently going unnoticed by many investors. Let’s examine a few tokens that use a daily […]