Recent statistics from IntoTheBlock reveal a challenging scenario for Algorand ($ALGO) investors, with a notable 88% experiencing losses. The cryptocurrency has encountered a 14% price decline within the past 7 days, coupled with a significant 50% drop in development activity over a span of 2 weeks, contributing to an overall sense of difficulty. Algorand $ALGO […]
Category: News
The latest cryptocurrency industry news
The cryptocurrency landscape is witnessing a significant surge in the price of Ethereum (ETH), with whales playing a pivotal role by accumulating substantial amounts of the digital asset. This development comes amid heightened enthusiasm surrounding the potential approval of Spot ETFs. According to insights from Lookonchain, a notable whale engaged in a strategic move, repeatedly […]
In a significant turn of events, Celsius, the cryptocurrency loan company, filed for bankruptcy on July 13, 2022, after reporting a substantial $1.2 billion loss on its balance sheet. Following this, a reorganization plan was adopted by creditors in September 2023, providing custodial account owners with 72.5% of their interests in Bitcoin and Ethereum. The […]
In the wake of Powerledger’s notable surge, witnessing a remarkable 40% increase in price last week, the energy trading platform gained substantial attention across social media platforms. However, recent developments suggest a potential reason for the significant downturn in $POWR’s value. Upbit, a key player in the cryptocurrency market, deposited a substantial 19 million $POWR […]
Bitcoin witnessed a modest retracement, sliding to $43.4K after achieving a 20-month high at $45.8K on January 2nd. The weekend introduces some mild declines, accompanied by heightened whale transactions, reaching levels unseen since June 12, 2022. Increased whale activity often hints at impending market shifts. During June 11th and 12th, 2022, whales displayed robust buying […]
CurveFinance has unveiled a significant development in its ecosystem by integrating ZetaChain. Thereby, marking a milestone as the first platform to introduce native BTC support for cross-chain swaps and omnichain asset pools. ZetaChain stands out as the pioneer in universal blockchain technology. As it features smart contracts capable of managing assets seamlessly across various chains […]
In a notable turn of events, the alternative cryptocurrency ARB is making waves, continually setting new records amidst the overall upward market trend. Over the past 24 hours, ARB has surged by an impressive 9%, hinting at the potential for substantial returns for investors in its native token. This surge not only reflects the token’s […]
In an update on X, formerly known as twitter, GainsNetwork has launched its Trade-to-Earn incentives program, creating a buzz in the crypto community. Running from December 29, 2023, to March 29, 2024, the initiative will reward active participants in the gTrade ecosystem with $ARB tokens across various trade-to-earn categories. Of course, due to this collaboration […]
In the dynamic realm of cryptocurrencies, Total Value Locked (TVL) has emerged as a crucial metric, representing the cumulative dollar value of digital assets staked or locked within a specific blockchain network. This figure is influenced by the utilization of decentralized finance (DeFi) platforms and decentralized applications (dApps), serving as an indicator of a project’s […]
The native token of the BENQI ecosystem, Qi Coin, is displaying notable signs of a bullish trend. Navigating the dynamic realm of decentralized finance (DeFi), BENQI Crypto stands out as a beacon of innovation, reshaping how we engage with digital assets. Promising high returns, a robust ecosystem, and a versatile native currency, BENQI is at […]