Argin ChroniclesThe latest cryptocurrency industry news
Among Real World Asset (RWA) tokens, MakerDAO’s $MKR stands out with an impressive 75% of addresses showing profitability, according to data from Intotheblock. The transaction volume of $MKR leads among RWA protocol tokens, hitting a daily average volume of $94.5 million during the second week of January. $MKR leads transaction volume amongst RWA protocol tokens, […]
On January 11, 2024, Elon Musk, CEO of SpaceX and Tesla, reiterated his steadfast backing of Dogecoin, a community-driven memecoin. In a Twitter Space event, Musk disclosed that he has not liquidated any of his DOGE holdings. The influence of Musk has historically played a significant role in shaping the price dynamics of Dogecoin. Despite […]
Blast, the brainchild of Blur’s founder, has proudly announced the official launch of its testnet, marking a significant step forward in its development journey. To spur enthusiasm and innovation among developers, Blast has kicked off the exciting Blast BIG BANG competition. In this competition, developers stand to receive 50% of the Blast airdrop, while the […]
In a late Monday rally, $INSP has emerged as a prominent gainer, witnessing a remarkable surge of over 21%, coupled with an 81% increase in trading volume. The surge comes on the heels of the team’s announcement regarding their integration with Arbitrum. Arbitrum, known for developing one of the most advanced scaling solutions in the […]
Recent data from Robinhood’s Chief Brokerage Officer reveals interesting insights into the dynamics of the Bitcoin (BTC) market. Approximately 20% of BTC spot ETF transactions occurred within retirement accounts, indicating a notable presence of long-term investors in this segment. Moreover, a significant portion of Grayscale’s Bitcoin Trust (GBTC) sellers opted to reinvest their funds into […]
Recent statistics from IntoTheBlock reveal a challenging scenario for Algorand ($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 […]
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 […]