Cryptocurrency News
In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), […]
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. […]
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 […]
Amidst a flurry of activity, Optimism OP, the leading Layer2 project, has experienced a remarkable uptick, with its total addresses surging by 22% over the past week. One notable event in this surge was the significant purchase made by Whale 0x8b9, who invested 2,000 ETH (equivalent to $5.99 million) to […]
Ethereum, the leading blockchain platform, achieved a significant milestone as April drew to a close. On April 28th and 29th, the network witnessed the creation of 266.6K new wallets, marking the highest two-day surge in network growth since October 8th and 9th, 2022. Despite facing price fluctuations, this robust expansion […]
Bitcoin experienced a significant 6.0% drop in the past 24 hours, sparking fear and uncertainty among traders. However, this dip has also led to discussions about a potential relief rally on the horizon. 📺 After #Bitcoin's -6.0% drop in the past 24 hours, we're starting to see an appealing level […]
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 […]
Ethereum encounters a significant barrier at the $3,200 mark, with a substantial number of addresses holding millions of ETH. However, the cryptocurrency is currently experiencing a 5% decline, trading at $3010. #Ethereum faces a brick wall resistance at $3,200, where 2.43 million addresses hold 5.14 million $ETH. pic.twitter.com/44MEA0Xge3 — Ali […]
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 […]