In the realm of decentralized cloud storage platforms, Storj (STORJ) has been making notable strides, experiencing a bullish trend over the past 30 days with gains reaching up to 27%. However, recent onchain activity suggests a potential price decline following reports of increased selling by the project’s development team. According to on-chain data from Spotonchain, […]
Author: Will Izuchukwu
The price of Ethereum (ETH) continues its upward trajectory, surpassing $2,900 with a gain of over 4% today. This surge comes amid heightened anticipation for the upcoming Dencun update, signaling growing interest and excitement within the cryptocurrency community towards the altcoin. Ethereum co-founder Vitalik Buterin’s recent discussion on the potential applications of artificial intelligence (AI) […]
Monero (XMR) has experienced a substantial downturn in its value, with a staggering 10% decline observed today. This decline positions Monero as the daily loser on Coinmarketcap, coinciding with the looming deadline set by Binance, the largest cryptocurrency exchange, to halt trading of Monero’s XMR by February 20. Withdrawals for the token will cease on […]
In the realm of decentralized finance (DeFi), Total Value Locked (TVL) serves as a pivotal metric, encapsulating the value of assets secured within DeFi protocols and smart contracts. It’s a yardstick widely used to measure the popularity and adoption of various DeFi platforms. Arbitrum, an Ethereum Layer 2 scaling solution, has emerged as a key […]
The transaction volume of USDT on the TRON Network has been on a steady rise, consistently surpassing the $10 billion mark in daily on-chain transactions since October 2023. This trend underscores TRON’s prominence as the top blockchain for USDT transactions, reflecting its reliability and efficiency in handling significant transaction volumes. The transaction volume of USDT […]
The stablecoin market has experienced significant growth, witnessing an increase of $11.4 billion in market capitalization over the past four months. Notably, whale wallets holding $5 million or more have accumulated 2.32% of the top six stablecoins within just four weeks. 🥳 #Bitcoin has officially climbed above $50K for the first time since December 27, […]
While the broader cryptocurrency market experiences a significant bullish trend, $RNDR has diverged, witnessing a decline of over 2% in the past 24 hours. This unexpected movement follows reports from on-chain analytics firm Spotonchain indicating that Kenetic Capital has finalized the deposit of its remaining RNDR holdings onto Binance. Kenetic Capital deposited the last 4.1M […]
The cryptocurrency market witnessed a significant surge as Nervos Network’s CKB token soared by more than 50% shortly after the release of RGB++, an extension protocol designed to integrate seamlessly with Bitcoin. In the past 24 hours, the trading volume of the CKB token skyrocketed by over 2000%, positioning it as the top daily gainer […]
Dogecoin, once a prominent figure in the top 10 cryptocurrencies by market capitalization, is currently experiencing a decline in trading activity, signaling a potential waning of investor interest. This shift has coincided with Dogecoin’s displacement from the top ranks, being surpassed by ChainLink. Noted analyst Ali Martinez observes a reduction in Dogecoin’s transaction volume and […]
COTI, a pioneering Blockchain protocol optimized for decentralized payments, has made significant waves as one of the leading daily gainers on the renowned cryptocurrency exchange Binance, boasting a remarkable 39% surge within just 24 hours. The platform has been buzzing with activity throughout the week, witnessing a staggering 77% increase in value over the past […]