Cryptocurrency News
Recent on-chain data suggests that notable cryptocurrency whales may have initiated substantial sales of ENA, a project launched on Binance’s Launchpool platform, which has garnered significant attention in the market. According to insights from Spotonchain, two whales executed deposits totaling 17.33M $ENA (equivalent to $15M) to Bybit within the past […]
The Lido DAO token (LDO), integral to the decentralized finance (DeFi) protocol operating on the Ethereum network, has experienced a 7% decline in value today. Currently ranked at number 65 among cryptocurrencies, LDO’s performance appears bearish across daily, weekly, and monthly charts. In recent hours, notable activity involving LDO has […]
Despite the prevailing bearish sentiment in the cryptocurrency market today, Frontier $FRONT, the decentralized finance aggregator, has emerged as a standout performer, boasting a remarkable 112% gain over the past 7 days. At the time of writing, FRONT is up by an additional 8%, demonstrating its resilience in the face […]
While most altcoins are still struggling to come back from their recent lows, Front regained strength last week and has been on a buying spree ever since. Despite witnessing slight retracement, it still holds 8% gain. Starting the year on a positive note, Front rallied by almost 10x to reach […]
Throughout the 2023-23 cycle, a notable discrepancy has emerged in the performance of Ethereum compared to Bitcoin. While Bitcoin has demonstrated resilience and maintained its price stability, Ethereum has experienced weaker price performance. There has been a growing divergence in performance between #Bitcoin and #Ethereum during the 2023-23 cycle thus […]
The modular ZkEVM Layer 2 token, $PROM, experienced a 5% decline in value today, reflecting the volatility inherent in the cryptocurrency market. On-chain data has revealed significant withdrawal activity involving Wallet 0x3a2, shedding light on potential market dynamics influencing $PROM’s price movement. Wallet 0x3a2 recently withdrew 49,999 $PROM, equivalent to […]
Render Token (RNDR), a prominent player in the AI Coins category, has captured the attention of the crypto markets with a remarkable 40% increase in weekly charts, despite experiencing a 6% decline today. With a current market capitalization of $3.86 billion USD, RNDR has emerged as a standout performer in […]
Over the weekend, Ethereum experienced a notable rebound, surpassing the $3,200 mark and showcasing significant network expansion. A staggering 196.71K new addresses were generated on the Ethereum network on May 4, 2024, marking the largest single-day surge in address creation since October 8, 2022. 📈 #Ethereum rebounded back above $3,200 […]
After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]
The native token of the decentralized trading protocol Uniswap has seen a significant surge, with an 11% increase in price and a whopping 51% gain in trading volume over the past 24 hours. As excitement mounts over the token’s performance, a notable development has emerged involving a sizable transfer of […]
After experiencing a notable decline of up to 18% over the past week, the price of Pendle has staged an impressive comeback, surging by 9% in the last 24 hours. The resurgence in Pendle’s price coincided with intriguing activity from Whale 0x982, who appears to be a significant investor in […]
The cryptocurrency market experienced a notable drop in April, marking its first month of decline since August 2023, despite a significant rally observed between October and March. Investors are now anticipating a relief rally, but its fruition hinges on a consistent flow of fear, uncertainty, and doubt (FUD) from the […]
In recent days, Cardano whales have been actively engaged in the cryptocurrency market, conducting an average of $13.84 billion worth of large transactions daily over the past week. This notable volume places Cardano’s transaction activity at one-third of Bitcoin’s current volume, five times higher than Litecoin’s, and over sixteen times […]
Coolcoin has emerged as the second hottest trending token on Dex screener, experiencing an astronomical surge of 700,000% in the past 24 hours. With a market capitalization of $32.1 million and a current trading price of $0.032, Coolcoin has captured the attention of traders and investors alike. However, amidst the […]
The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX). Whale address 0x09e/0xdbb made […]
After witnessing a two-week bounce from the monthly low, Ethereum ETH encountered resistance yesterday and initiated a drop. Losing grip above $3,200, the price is currently down 4%, looking weak on the day. Ethereum started the second quarter with a loss but has seen a nice recovery in the past […]
While some top coins have recovered nicely alongside Bitcoin, Matic still finds it difficult to regain strength as it trades at around wedge’s support. The price is weak as it enters an oversold area on the daily chart. The FUD (Fear Uncertainty and Doubt) surrounding the crypto market lately has […]
Recent data from Spotonchain indicates that whales are continuing to accumulate Ethereum (ETH), despite the recent market turbulence. In the past 24 hours, one prominent whale, identified as 0x435, withdrew a substantial amount of 7,128 ETH ($22.2 million) from Binance at a price of $3,111. Interestingly, despite the market downturn […]