The cryptocurrency industry has experienced a notable surge in activity among large holders, often referred to as “whales,” over the past few weeks. This level of engagement has been revealed through on-chain transaction data, which has shown multiple instances of large cryptocurrency movements to and from exchanges. Related Reading One cryptocurrency that has particularly stood
A decentralized finance (DeFi) altcoin is outperforming the broader crypto market this week, sparking a 30% surge amid inflation rate cuts. In a new blog post, DeFi protocol Curve Finance (CRV) says that for its fourth birthday, it is undergoing one of the most significant emissions reductions in its history, one that ends all emissions
As the broader crypto market consolidates, one industry analyst has identified a select group of altcoins that could see exponential gains during the anticipated “super-cycle” expected in the latter half of 2024. In a detailed social media post, the analyst, known as OxNobler, delves into the cyclical nature of the crypto market and highlights the factors
The crypto market kicked off the new trading week on a bullish note, with Solana ($SOL) once again surpassing Binance Coin ($BNB) to become the fourth-largest cryptocurrency by market cap, reaching a peak of $193. 🚨JUST IN: $SOL reaches $193 pic.twitter.com/BwhEvE7W88 — SolanaFloor (@SolanaFloor) July 29, 2024 Notably, Solana also exceeded the combined 24-hour decentralized
A crypto analyst has predicted that Bitcoin (BTC) will surge to $100,000 in a few years. At the same time, he has expressed skepticism about the potential for altcoins to embark on a similar bullish trajectory to new highs. Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto
The 24-hour trading volume of USDT (Tether) issued on the Tron network has reached an impressive $53.031 billion, surpassing the average daily trading volume of Visa. In the first quarter of 2024, Visa reported a total trading volume of $3.7 trillion, with an average daily volume of $42 billion. The 24-hour trading volume of $USDT
If the Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds represented a watershed moment for cryptocurrency, the arrival of spot Ether ETFs on Wall Street could be nothing short of revolutionary. In a move that caught even the most bullish crypto cheerleaders off guard, U.S. regulators have cleared the way for ETFs for
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen
The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in the crypto sphere were actually