Cryptocurrency News
The noticeable drop in whale activity across major cryptocurrencies has been evident in recent months. For Bitcoin and Ethereum, peak weeks for transactions over $100,000 reveal a significant reduction in whale engagement. For Bitcoin, whale transactions peaked at 115,100 during the week of March 13-19, 2024. By the week of […]
Ordi’s market structure remains bearish on the monthly scale as it keeps trading in a descending wedge. However, the trading landscape is changing daily following a recent weekly surge from $26. After recovering briefly from August’s low, Ordi encountered resistance and initiated a drop again with a strong monthly bearish […]
Unlike Litecoin, which has recently decoupled from Bitcoin, Ethereum continues to follow the leading currency pattern with another major drop in a week. Things might get worse as it builds up for a huge fall. The past ten days have been a horrible period for Ethereum as it fell off […]
Worldcoin ($WLD) has emerged as a dominant force within the Optimism ecosystem, showcasing remarkable growth over the past year. The number of unique addresses holding $WLD skyrocketed from 477,000 in August 2023 to a staggering 4.7 million by August 26, 2024. This rapid expansion highlights a strong surge in community […]
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 […]
According to Lookonchain, Ethereum co-founder Vitalik Buterin made a notable transaction today, transferring 800 ETH, valued at approximately $2.01 million, to a multi-signature wallet. He then exchanged 190 ETH for 477,000 USDC. Buterin has previously stated that he hasn’t sold ETH for personal gain since 2018, opting instead to donate […]
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. […]
Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute 的 Lido […]
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 […]
Digital asset investment products experienced a significant surge in inflows last week, totaling $533 million, the largest in five weeks, according to CoinShares. This influx was largely driven by Bitcoin, which saw inflows of $543 million, while Ethereum faced outflows of $36 million. According to CoinShares, digital asset investment products […]
Bouncing off a multi-month low earlier this month, Ethereum retraced for three weeks to retest crucial breakdown support as resistance last weekend. It saw a rejection and now looks set for a drop. Ethereum’s market structure is still looking much more bearish on the short-term trend following a lower low […]
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 has seen a notable uptick of 3% in the past seven hours, bringing its current trading price to $2,654. 📍 For the first time ever, the $ETH balance on exchanges has dropped below 10%. There is a HUGE difference in the balance of #Ethereum vs. #Bitcoin on exchanges. 👀 […]
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 […]
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 […]