Cryptocurrency News
The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which […]
Ripple’s recent strategic alignments with major banks and the potential adoption of its new stablecoin, RLUSD, could signify a transformative moment for XRP’s growth. As Ripple positions itself within the stablecoin market, its latest developments hint at a promising future for both the company and the broader XRP ecosystem. Ripple […]
Kamino Lend has reached a major milestone, generating a total of $26 million in interest for its lenders. This achievement underscores the platform’s growing popularity and the robust returns it offers to users. The majority of the interest earned on Kamino Lend comes from two key assets: USDC and SOL. […]
The cryptocurrency market has witnessed a remarkable surge in $PRIME, with a staggering 40% increase over the past seven days, reaching a high of $9.45 on August 25. Despite this significant price jump, smart traders continue to exhibit buying pressure, with their balances swelling by 22% in the last 24 […]
The TON blockchain has finally resumed operations after a grueling 6-hour downtime, caused by network congestion triggered by the distribution of DOGS tokens. The overload led to validators becoming overwhelmed, resulting in a loss of consensus. NEWS: @ton_blockchain is back online after nearly 6 hours of downtime, and block production […]
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1.13M, to Binance at an average price of $1.622. This move is likely an effort to repay creditors amidst […]
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, […]
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 […]
Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as […]
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 […]
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 […]
Ethereum’s gas prices have reached an all-time low as the cryptocurrency faces significant market challenges. Despite recent approval for Ethereum ETFs, $ETH has struggled since the Dencun upgrade. The total supply of ETH has increased by over 197,000 ETH, contributing to a 35% drop in its price. #Ethereum Gas Price […]
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 […]
Every day, countless people rely on the Litecoin network to seamlessly transfer value, with transactions often amounting to tens of millions of dollars in $LTC. A recent analysis by IntoTheBlock revealed that in just a 24-hour period, over $3.5 billion in value was moved through large transactions alone. This demonstrates […]
Neiro ($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 […]
Following a recent monthly bounce, which brought the bulls back after a short break, TRX advanced higher this week with another 10% gains. It appeared strongly bullish, looking set for a bigger price movement. Recent data from Token Terminal has shown that Tron’s protocol revenue has outperformed Ethereum’s by 50%. […]
This week saw ZEC through a new milestone following a series of surges since last month. However, it lost steam in the mid-week and now trades calmly due to a sudden volatility drop – is still up by over 50% monthly. After declining by more than 60% in four months, […]
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 […]