Over the last seven days, cryptocurrency trading has amounted to a staggering $288 billion across 2,842 tracked assets, according to Santiment data. This reflects a notable 22% decrease compared to the previous week. 📊 The past 7 days of #crypto trading volume has totaled $288B, according to our 2,842 tracked assets. This is a -22% […]
Author: Will Izuchukwu
Stablecoins play a pivotal role in the cryptocurrency realm, evolving from a total supply of $1B in 2018 to surpassing $120B by 2023. While Tether (USDT) continues to hold its position as the market leader, DAI has emerged as a significant player, processing over 50% of all stablecoin volume in the past fortnight. Since late […]
Despite the recent downturn in the cryptocurrency market, Dogecoin continues to witness a remarkable surge in new addresses and active users, signaling enduring interest in the meme-inspired cryptocurrency. However, Dogecoin faces challenges in breaking through its current resistance level, which is situated between $0.085 and $0.078, amid short-term uncertainties. Since reaching its peak on December […]
In the dynamic realm of cryptocurrency, Sapphire and OasisNetwork have emerged as prominent players, drawing significant attention from analysts and investors. Alongside this trend, Luna Classic has seen a notable surge in popularity, adding to the intrigue within the crypto community. Terra tokens have encountered a series of bearish fluctuations since the start of the […]
Solana’s decentralized exchange (DEX) trading volume reached a remarkable $1.14 billion within a 24-hour period, outpacing Ethereum’s $1.13 billion. This surge in trading activity was driven by the anticipation surrounding the $JUP airdrop. 📊 @solana's DEX trading volume hits $1.14B in 24 hours, eclipsing @ethereum's $1.13B, fueled by the $JUP airdrop excitement. Ethereum still leads […]
Following reports by ZachXBT on X that 213 million $XRP tokens valued at $112.5 million were stolen and laundered through exchanges like MEXC, Binance, Kraken, and OKX, the price of $XRP experienced a significant drop of more than 5%, now trading below the $0.5 mark. It appears @Ripple was hacked for ~213M XRP ($112.5M) Source […]
In a week of impressive market recovery, altcoins have taken center stage with Bittensor, Helium, and Solana emerging as top performers. While Bitcoin’s social volume continues to decline, traders are increasingly drawn to speculative altcoins showing promising trends. Bittensor has experienced a remarkable 70% surge in the past seven days, reflecting a 54% increase on […]
In a recent analysis by DevRel at Duneanalytics, the utilization of the Pyth oracle has been steadily increasing since January 2022, signaling a robust adoption of its services. Solana emerges as the primary platform for Pyth transactions, particularly during bullish market conditions. While transaction volumes peaked in December of the previous year and have since […]
The Storj team recently made another significant deposit of $STORJ tokens to Binance, adding to their existing holdings on the exchange. According to on-chain reports from Spotonchain, the team deposited an additional 2 million STORJ tokens, valued at $1.43 million, at a price of $0.715. This latest deposit adds to the team’s previous transactions, totaling […]
XRPLedger, the underlying technology behind the cryptocurrency XRP, has witnessed a significant milestone with over 5.02 million distinct wallets holding more than 0 XRP coins. This marks the highest number of wallets in the 10+ years of XRPLedger’s public trading history. The growth in wallet adoption reflects the expanding network and growing interest in XRP. […]