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Will Izuchukwu

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Exciting News As Binance Launches Aevo (AEVO) On Leading Exchanges

In an eagerly awaited development, Binance, alongside other reputable exchanges such as Bitget and Okx, has officially listed Aevo (AEVO) as part of its 48th Launchpool.  https://twitter.com/lookonchain/status/1767896285527642524?s=19 With an initial trading price of $3, AEVO is making waves as a cutting-edge decentralized derivatives exchange (DEX), poised to revolutionize options and perpetual trading in the cryptocurrency space. Reports suggest that market makers for Binance's New Coin Mining Token $AEVO could include industry giants like Amber Group and Wintermute, highlighting the significant interest and involvement of key players in the cryptocurrency market. Just prior to listing, Aevo's project multi-signature address transferred a substantial amount of 9 million AEVO tokens to various addresses, with 700,000 tokens being deposited into OKX.  https://twitter.com/ai_9684xtpa/status/1767742706833649788?t=IanZDPIVrAIY97oRyi5YyA&s=19 Another notable transaction saw Wintermute, a major market participant, receiving 5 million AEVO tokens from the project party's multi-signature address. https://twitter.com/ai_9684xtpa/status/1767747420333789276?t=w8rGzq07N52G8ntBOimMDQ&s=19 The […]

Will Izuchukwu March 13, 2024

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News

Space ID Token Surges Amidst Market Downturn

Amidst a general downturn in the cryptocurrency market today, Space ID stands out with a remarkable surge, gaining as much as 20% in value. Yesterday's report revealed significant activity involving Wallet 0x92e, which received a substantial amount of $ID tokens from the SpaceID Protocol multi-sig. Shortly after, the wallet deposited 1 million $ID tokens, valued at $1.38 million, onto Binance. https://twitter.com/spotonchain/status/1767433772721443204?t=YMU8FSJ6UvllrbBhE2yV1Q&s=19 This wallet has a history of receiving $ID tokens from the project's multisig and subsequently depositing them onto centralized exchanges whenever the token's price experienced an uptick. Interestingly, the deposit coincided with a 4% drop in the price of $ID tokens. Despite this temporary setback, the token has continued its upward trajectory, reaching an all-time high today and currently valued at $1.54. Space ID Price Surge Despite The Market Volatility The surge in the price of $ID tokens amidst […]

Will Izuchukwu March 12, 2024

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News

MakerDAO Adjusts Fees Amidst Market Volatility

Recent on-chain data from Spotonchain has revealed a significant transaction involving Whale 0x8af in the Maker (MKR) ecosystem. In the past few hours, Whale 0x8af made a strategic move by selling 939.8 MKR tokens for 2.54 million DAI, capitalizing on a 30% increase in MKR value over the past two days.  This decision allowed the whale to lock in profits, considering they had previously withdrawn 4,077 MKR on October 23 at a lower rate, leaving them with 3,077 MKR and an estimated total profit of $5.21 million. https://twitter.com/spotonchain/status/1767019637869334950?t=4JWaiIcMJ9xbX1CaoOYn8g&s=19 Meanwhile, MakerDAO, the protocol behind the Dai stablecoin, has taken proactive measures to address increased market volatility and optimistic sentiment. In response to a decline in Dai reserves, MakerDAO has approved an "Executive Vote" proposing temporary fee adjustments to bolster the protocol's resilience. Purpose Of The New Proposal For Maker Protocol MKR […]

Will Izuchukwu March 12, 2024

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Featured

Maker Co-Founder’s Token Exchange Sparks MKR Surge

Rune Christensen, one of the co-founders of Maker, recently orchestrated significant token exchanges involving SHIB, the native token of Shiba Inu, and LDO, the native token of Lido DAO, in favor of MKR, Maker's native token.  These transactions, revealed through on-chain reports, had a substantial impact not only on MKR's value within the Ethereum-based smart contract platform but also across the broader cryptocurrency market. https://twitter.com/ai_9684xtpa/status/1766411527085818353?t=rte42DY2uUQzaDO9qGtGNw&s=19 In a series of transactions conducted in the past hours, Rune Christensen, known as @RuneKek, divested himself of 12 billion SHIB and 75,000 LDO tokens, totaling $660,000 in value. Following the exchange for USDC, he strategically reinvested these funds to acquire 312 MKR tokens, averaging a purchase price of $2389. Rune Christensen MKR Wallet Activity To Watch Currently, Rune Christensen still retains a sizable holding of 5.039 billion MKR tokens, which are valued at approximately […]

Will Izuchukwu March 10, 2024

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News

Binance Initiates Mining for New Coin $AEVO

Today marked the initiation of mining activities for the newly introduced cryptocurrency, $AEVO, by Binance, one of the leading cryptocurrency exchanges in the world. In recent hours, a significant development unfolded as Blast's fourth-largest staking whale secured a substantial loan of 39,593 $BNB, valued at approximately US$18.65 million, from Venus and Radiant. The borrowed funds were promptly deposited into Binance, indicating a strong likelihood of their utilization for mining operations. https://twitter.com/ai_9684xtpa/status/1766040379252699208?t=V6anWbdlT6r5tAQO42HvQw&s=19 This sizeable whale, known for its substantial investments, has actively participated in four distinct mining periods, including those for $MANTA, $ALT, $PIXEL, and $PORTAL. With each mining period boasting an average investment exceeding US$10 million, the whale's cumulative investment in BNB amounts to 79,293 tokens. https://twitter.com/ai_9684xtpa/status/1765927962820628772?t=ypjD7wa9cEaaEDIb0iafIg&s=19 Significant Of Whale Involvement In AEVO The whale's significant involvement in mining activities suggests a high level of confidence in the opening price […]

Will Izuchukwu March 9, 2024

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News

Bitcoin Rebounds Above $67.6K Amid Bullish Trader Sentiment

Recent market movements have sparked bullish sentiment among traders as Bitcoin surged back above the $67.6K mark, inching closer to its previous all-time high of $69.2K by a margin of 2.4%.  While uncertainties loom, the possibility of a new all-time high remains plausible, especially with potential inflows from whales and ETFs. https://twitter.com/santimentfeed/status/1765512896765923601?t=mjmVnBLhsPv0wtaxt0_V5Q&s=19 The rollercoaster of emotions experienced by traders on March 4, as Bitcoin flirted with its all-time high, transitioned into a vocal mix of buying and selling sentiments following the subsequent drop from the peak on March 5. However, a sense of optimism emerged as Bitcoin swiftly displayed signs of rebounding from its recent dip. According to insights shared by Ali Martinez, a key support level for Bitcoin is identified at $66,112, characterized by a significant volume of over 306,676 BTC transactions. The market's attention now shifts to the […]

Will Izuchukwu March 7, 2024

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News

EigenLayer Transforms Ethereum Ecosystem With Enhanced Security And Validation

The Ethereum ecosystem is experiencing a profound transformation with the advent of EigenLayer, a protocol designed to bolster the network's security and utility for ETH stakeholders. Through the validation of various software modules, known as Actively Validated Services (AVS), EigenLayer is fortifying Ethereum's resilience and functionality. EigenLayer's remarkable ascent is evident in its total value locked (TVL), which surpassed $10 billion as of June 2023. This exponential growth underscores the Ethereum community's commitment to refining the network's architecture through active participation in EigenLayer's restaking initiatives. https://twitter.com/intotheblock/status/1765045732145348985?t=9MYzT9zoh2X5DZy3FgRltA&s=19 A notable milestone occurred on February 6, when deposits into EigenLayer exceeded $1 billion in a single day, signaling heightened demand and enthusiasm within the community. Ethereum holders are increasingly turning to EigenLayer as an alternative mechanism to engage with staking incentives, favoring its innovative approach over traditional Long-Term Staking (LTS) methods. AVSs Introduction […]

Will Izuchukwu March 6, 2024

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News

Axelar (AXL) Reaches New High Following Binance Listing

Axelar (AXL), an altcoin renowned for its focus on interoperability, recently made headlines after Binance announced its listing on the platform.  The news propelled AXL to a remarkable all-time high of $2.65 on Friday, marking a staggering 45% increase over the past week. Currently ranked 90th in terms of market capitalization, AXL's surge underscores the growing interest in projects emphasizing interoperability within the cryptocurrency space. Despite its impressive performance last week, AXL's price surge has encountered some resistance at the start of this trading week, leading to speculation that whales may be capitalizing on profits.  https://twitter.com/ai_9684xtpa/status/1764832220303286772?t=XwkKoMGrsvx4Za6x9CUFuQ&s=19 An address associated with AXL activity, identified as 0xb4e...5886c, recently made significant moves in the market.  This address, which opened a position in AXL three months ago, notably recharged all 640,000 tokens to Coinbase a few hours ago. Should all tokens be sold, the […]

Will Izuchukwu March 5, 2024

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News

Record Inflows And Bitcoin Surge Mark Strong Week For Digital Asset Investments

Last week witnessed a remarkable surge in digital asset investment products, with inflows reaching the second-highest weekly total on record at $1.84 billion.  Https://twitter.com/WuBlockchain/status/1764620997939069386?t=DYQQp5d9I26M0ZLVrxE6SA&s=19 The trading volumes in these investment products soared to unprecedented levels, surpassing $30 billion, while total assets under management approached an all-time high of $82.6 billion. Bitcoin, the flagship cryptocurrency, surged past the $65,000 mark today, coming within $4,000 of its all-time high of $69,044 set on November 10, 2021. The options block market saw significant activity over the weekend, with buy calls dominating nearly all orders, totaling over $5 million.  https://twitter.com/WuBlockchain/status/1764520214643999071?t=m89rGfXwUI8E_9-_FTI2sg&s=19 Monday witnessed another record high for bitcoin prices, with a notable increase in short-term bull spreads trading, pushing the ultra-short-term implied volatility close to 80%. The market sentiment is robust, reflecting a strong inclination towards further investment and entering the FOMO (Fear of Missing […]

Will Izuchukwu March 5, 2024

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News

Large Token Unlock Event Scheduled For Arbitrum On March 16, 2024

In a significant development for the cryptocurrency market, March 16, 2024, marks the date of one of the largest token unlocks this month, with Arbitrum, Ethereum's Layer 2 scaling protocol, preparing to release approximately $2 billion worth of ARB tokens.  This unlock event, involving the release of 1.11 billion ARBs, represents a substantial portion of the circulating supply of the token, accounting for 87% of its total. Data from Token Unlocks highlights a series of notable token unlocks scheduled for March, including SUI, APT, ARB, APE, MANTA, PIXEL, IMX, ID, YGG, OP, PRIME, and more, with a combined unlock value exceeding $2.919 billion.  https://twitter.com/WuBlockchain/status/1763394384253637062?t=bmqF8-LFmt5yVhS5Yih-GQ&s=19 Of particular significance is the ARB unlock, totaling approximately $2.212 billion, which includes 673 million ARBs allocated to team/advisors and 438 million ARBs designated for investors. In a related development, Amber Group recently recharged 1 million […]

Will Izuchukwu March 2, 2024

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