Cryptocurrency News
The cryptocurrency community celebrated a significant milestone as Ethereum’s market value surpassed $3,000 for the first time since April 2022. However, the jubilation was short-lived as the broader market experienced a drop over the past 24 hours, signaling a period of volatility. š§ #Crypto's celebration of #Ethereum's market value exceeding […]
Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period.Ā The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current […]
Earlier this month, Zetachain (ZETA) celebrated a significant milestone as it reached an all-time high (ATH) of $2.854. The surge marked a moment of triumph for the token, buoyed by positive market sentiment and a string of successful partnerships. However, in the past week, Zetachain has experienced a downtrend, witnessing […]
As Ethereum eagerly anticipates the forthcoming Dencun upgrade set to revolutionize its scalability and efficiency, developers are gearing up for the momentous event scheduled for March 13, activating in slot 8626176.Ā This upgrade heralds a new era for Ethereum, promising enhanced performance and scalability to meet the growing demands of […]
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a remarkable surge, reaching $2,800 for the first time since May 2022. #Bitcoin Breaks $52k#Ethereum Breaks $2,800 š„š pic.twitter.com/hSZsn89k0J — CoinEcho (@mycoinecho) February 15, 2024 This notable increase of 24% since February 1, 2024, underscores renewed optimism among analysts and […]
Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape.Ā Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal.Ā With a decline of over 4% observed […]
In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December […]
In a surprising turn of events, a wallet associated with the Polygon Foundation recently transferred 9 million MATIC tokens to Binance, one of the leading cryptocurrency exchanges, sparking significant attention within the crypto community. According to insights from analytics firm Spotonchain, Wallet 0x57f, which is linked to the Polygon Foundation, […]
As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, […]
Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data […]
Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges.Ā Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]
In recent hours, significant activity among whales has sparked attention in the cryptocurrency market, particularly surrounding the perpetual protocol’s token, $PERP. On-chain data analyzed by spotonchain revealed a noteworthy transaction involving Binance Labs, which deposited 750K PERP ($784K) into Binance at $1.05. This move follows a two-year period of inactivity […]
For the first time since its decline started on January 22, Ethereum’s value has reached $2,345. The network is expanding and adding active addresses at a commendable rate. A growing $ETH market cap is mostly justified by increased utility. š #Ethereum has returned to a $2,345 value for the first […]
According to intotheblock, prominent crypto whales and institutional investors have collectively amassed $3 billion worth of Bitcoin this month. The quantity of Bitcoin held in wallets with over 1,000 BTC has surged by more than 76,000 BTC, reaching a total of approximately 7.8 million BTC. š#Crypto whales, or large investors, […]
Whales in the crypto sphere have made significant moves with Ethereum ($ETH), as revealed by recent on-chain reports. Celsius Network, in a notable development, released a pledge of 202,090 ETH, equivalent to $445 million, and initiated a transfer to the address 0xDb3…0998d. This address has now accumulated a total of […]
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. […]
Ethereum saw a big breakout last week but failed to sustain the momentum. The price rolled back quickly and ended the week in the red. It resumed selling today with a 2% loss with a market dominance of 18%. The $2,700 range, which has been much-anticipated in the past months […]
Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above […]