Argin ChroniclesThe latest cryptocurrency industry news
The crypto markets have experienced a significant retrace, leading traders to once again speculate on Bitcoin (BTC) dropping below the $50K mark. Historically, when the 7-day average trader returns for top cryptocurrencies like BTC, ETH, ADA, XRP, DOGE, and LINK are low, the likelihood of a market bounce increases considerably. 📊 Crypto markets have retraced […]
Weekend is finally bringing a bit of solace to the crypto markets, with mild bounces forming for Ethereum (ETH) and Solana (SOL). ETH has managed to climb back just above $3,000, while SOL is trading slightly above $150. This recovery comes after a period of heavy liquidation of long positions during the market drop. The […]
Today, Wormhole ($W) is set to unlock approximately 33.3% of its circulating supply, which amounts to about 600 million $W tokens. This will increase the total circulating supply to 25.78%. Here’s what to expect with this significant $W unlock Token Unlocks: The upcoming unlock stems from the community allocation. Initially, 11% of the tokens were […]
A recent report from IntoTheBlock has examined the activities of the second-largest Aave GHO whale, known as luggisdoteth, who employs a leveraged long ETH strategy using GHO. This whale has been gradually increasing their ETH position by minting GHO with wstETH and swapping the stablecoin for ETH. While leveraging carries inherent risks, this whale utilizes […]
SuiNetwork, a decentralized Layer 1 blockchain, is making waves with its promise of fast and cheap transactions. Developed by Mysten Labs, Sui is designed to make Web3 secure and reliable for everyone. The team behind Mysten Labs includes several former members of Meta’s Novi digital wallet program, with Even Cheng serving as CEO. Backed by […]
$DEAI, a raising star in the decentralized AI space, is showing significant movement with its Fully Diluted Valuation (FDV) surpassing $290 million and a market cap of $28 million. A recent announcement from Zero1 Labs has fueled a 25% surge in $DEAI’s price over the past 24 hours. Several key factors are driving this growth: […]
IoTeX, a layer 1 blockchain optimized for Decentralized Physical Infrastructure Networks (DePIN), is becoming a pivotal narrative in the current cycle, boasting a market cap exceeding $20 billion. According to intotheblock, IoTeX provides a robust and open modular infrastructure for DePIN projects, equipped with a comprehensive suite of tools to develop fully decentralized and interoperable […]
Just hours after Solana surpassed BNB Chain in market capitalization, BNB Chain has reclaimed its position as the world’s fourth-largest cryptocurrency. The rapid flip in rankings underscores the volatility and fierce competition within the crypto market. Adding to the excitement, the top MEMEcoin on BNB Chain, $WHY, has reached new highs. The token now boasts […]
Investors are urged to steer clear of Sorta Finance on Arbitrum amid strong indications of an impending exit scam. The protocol recently deactivated its Sorta Finance X account, raising serious red flags about its legitimacy. This scammer has a notorious history, previously stealing over $25 million through various scams, including Magnate, Kokomo, Lendora, Solfire, Crolend, […]
Babylon’s staking protocol, designed to support multiple chains, is making waves with its ambitious plans to implement restaking on Bitcoin. While restaking on Ethereum has been explored by teams like @eigenlayer and @symbioticfi, Bitcoin’s lack of smart contracts poses significant challenges. However, the substantial market presence of Bitcoin, which comprises over 50% of the industry’s […]