Cryptocurrency News
The Mantle ecosystem is on a rapid growth trajectory, with its governance token, $COOK, climbing 113% in value over the past week, and $MNT also gaining 50% within the same period. These surges highlight the increasing demand for tokens within the Mantle ecosystem, especially as a whale recently purchased 2.46 […]
After a quiet period, KR1, an initial member of Lido Finance’s DAO, has re-entered the market with significant $LDO transfers. Recently, KR1 deposited 399,999 $LDO (worth $500,000) to Kraken and moved an additional 3.4 million $LDO ($4.25 million) to a new internal wallet, identified as 0x763. Since its initial allocation […]
Ethereum’s recent price surge has brought it to just below the $3,000 level—a historically crucial demand zone that often serves as resistance. However, with strong bullish sentiment prevailing, this level may not hold Ethereum back for long, opening the door for potential further gains. Ethereum's recent surge has propelled it […]
Chainlink ($LINK) has surged past $13.65 for the first time since July, decoupling from other altcoins as it eyes a potential breakout. Whale activity around $LINK is at a three-month peak, with key holders of between 100,000 and 10 million $LINK tokens accumulating an impressive $369.8 million worth over the […]
Since the start of the week, today marks the biggest recovery in Not’s price, as it pumps 25% in the last 24 hours. This makes the meme coin the top gainer of the market, but it remains bearish on the mid-term scale. The past six months have been tough for […]
BNB finally broke out of a critical resistance area to a multi-month high after several failed attempts to scale through in the past months. It has retraced a little from that thigh to test the resistance area as support. Following late September’s drops from a critical resistance area, which led […]
Ethereum’s derivatives market has seen significant growth, thanks to the rise of Layer-2 solutions, which have drastically reduced transaction fees that once held back the sector. This cost reduction has paved the way for a surge in derivatives protocols, driving impressive gains in the market since the beginning of the […]
Bitcoin recently reached a new all-time high, but key indicators suggest the rally might still have room to grow. The MVRV (Market Value to Realized Value) ratio shows Bitcoin isn’t yet overvalued; its price remains close to the cost basis for traders, indicating that the market isn’t overheated. Bitcoin’s new […]
Bitcoin’s appeal as “digital gold” is captivating institutional investors, reinforcing its status as a straightforward, inflation-resistant asset. This growing interest has intensified Bitcoin’s dominance over Ethereum, whose focus on decentralized finance (DeFi) attracts a more niche audience. The market cap ratio of ether to bitcoin has plunged to 24.52%, its […]
The last 48 hours have seen ENA through another milestone after pausing buying actions for a month. It resumed bullish this week and now leads the daily altcoins rally with a 30% surge since yesterday. From a short-term perspective, ENA has recovered well from its two-month low but it seems […]
As the crypto market turns down ahead of the upcoming US elections, Ethereum shows strength today as it bounced off a key level overnight. It remains weak on the day while the bulls are trying to come back. Following several attempts to come back in the past months, Ethereum struggled […]
In October, Solana set a record with 123 million active addresses, a remarkable 42% increase from September’s levels and a significant leap from just 12.7 million at the start of the year. Solana's active addresses reached a record high of 123 million in October, marking an increase of over 42% […]
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars In a remarkable turn of events, the $TON blockchain has seen its USDT holdings skyrocket from just $130 million in May 2024 to over $1.02 billion—an astonishing increase of 670% in just six months. This surge […]
As Ethereum ETH hovers around $2,458.51, an analysis of address profitability reveals that a significant majority of holders are in the money. Currently, there are approximately 59.08 million ETH held by addresses in profit, accounting for around 79.92% of total addresses. Conversely, about 14.62 million ETH addresses are facing losses, […]
Ripple’s Q3 2024 XRP Markets Report is out, highlighting pivotal developments and promising metrics for the XRP ecosystem. This quarter has been eventful, marked by significant advancements in the market, including partnerships and strategic milestones that signal a strong outlook for XRP. The Q3 ‘24 XRP Markets Report is now […]
The Binance futures market has recently witnessed the strongest buying pressure since September of last year, with notable interest not only in Bitcoin ($BTC) but also in Ethereum ($ETH). This robust activity points to increased market confidence in these digital assets. Strong buying momentum has emerged from Binance futures whales […]
Bitcoin ($BTC) has been gaining impressive momentum, with both its price and open interest sharply rising, indicating strong upward movement. While Ethereum ($ETH) remains stable and hasn’t yet mirrored Bitcoin’s ascent, investors are keeping a close watch for potential shifts, as ETH could soon follow BTC’s trend. $BTC is on […]
Documents filed by Reddit with the U.S. SEC reveal that the social media platform has sold the majority of its cryptocurrency holdings in Q3 2024, including reserves held in Bitcoin and Ethereum. This marks a shift in strategy for Reddit, which previously held these assets for financial reserves. The move […]