Categories
News

TokenFi Surges 22% Amid Significant Trading Activity And Strategic Moves By DWF Labs

TokenFi ($TOKEN) experienced a notable 22% price increase today, reaching a high of $0.1385, driven by a substantial rise in trading volume, which spiked by 280%. This surge highlights growing investor interest and significant market activity surrounding the token. Amid this price rally, DWF Labs made a significant move by depositing 7 million $TOKEN, worth […]

Categories
News

Dogecoin Experiences Surge In Large Transactions Amid Ethereum ETF Speculation

Dogecoin ($DOGE) has seen a significant uptick in large transactions over the past 24 hours, likely driven by speculation surrounding Ethereum ETF approvals. The total value of $DOGE transactions exceeding $100,000 has nearly doubled, jumping from $1.53 billion to an impressive $3.01 billion. This surge in transaction volume indicates that whale activity has dramatically increased, […]

Categories
News

GameFi Investments Surge In 2024 Despite Market Cap Decline

Venture capital interest in GameFi is on the rise in 2024, with investments increasing steadily. In the first four months of the year, both the number of funded projects and total raised funds have shown significant growth.  The GameFi sector now boasts 3,763 protocols, with BNBChain, Ethereum, and Polygon leading in the number of active […]

Categories
News

Stablecoins and ETH Dominate High-Yield Opportunities As ETH Holds Above $3K

As Ethereum continues to trade above the $3,000 mark, stablecoins, ETH, and ETH derivatives are leading the charge in high-yield opportunities, leaving other large-cap cryptocurrencies mostly in the shadows.  CoinShares recently reported substantial inflows into digital asset investment products, with a notable $932 million received last week.  This surge is largely attributed to market expectations […]

Categories
News

Solana Surges Above $180, Leading DEX Activity Among Top Blockchains

Solana has regained its footing, trading above the $180 mark today, driven by a 6% value gain. Over the past seven days, Solana has seen a remarkable 22% increase, accompanied by a 51% rise in its 24-hour trading volume. This performance highlights Solana’s resilience and growing dominance in the blockchain ecosystem. A recent report on […]

Categories
News

Bitcoin Whale Activity Declines Despite ETF Trading Volume Surge

Bitcoin’s whale wallets, those holding over 100 BTC, have maintained a significant coin supply at 11.79 million. However, whale activity has hit its lowest level in 2024, with only 15,907 wallets holding at least 100 BTC. This represents a decline of 76 wallets, or 0.48%, over the past two months. A rise in these large […]

Categories
News

Stablecoin Market Caps: Key Indicator For Crypto’s Next Move?

As cryptocurrency prices rebound, a crucial factor to watch for validating this bounce is the growth in stablecoin market caps. From mid-October to mid-April, the combined market caps of major stablecoins like $USDT, $USDC, $DAI, $BUSD, $USDP, and $TUSD surged by 25%. This increase supported rising trading volumes and indicated investors’ preference to keep their […]

Categories
News

Sonne Finance Suffers $20M Exploit Due To Vulnerability In Compound v2 Forks

Sonne Finance, a decentralized lending protocol on the Optimism network, has experienced a significant security breach, resulting in losses amounting to approximately $20 million. The project, in a post-mortem report, disclosed that the exploit stemmed from a vulnerability in Compound v2 forks. In response to the attack, Sonne Finance swiftly paused the markets to prevent […]

Categories
News

AEVO <> RBN Exchange Channel Opens, Wintermute Faces Significant Losses

The AEVO <> RBN exchange channel officially opened today at 18:00, marking a notable event in the cryptocurrency landscape. Wintermute, one of the largest market makers, has emerged as the address with the highest exchange volume so far, exchanging 2.5 million $RBN for $AEVO, resulting in a significant loss of $778,000. Between January 3, 2024, […]

Categories
News

Worldcoin’s Native Token $WLD Plummets Amidst Increased Selling Pressure

The native token of Sam Altman’s iris-scanning initiative, Worldcoin, has encountered a significant setback, with its token, $Wld, witnessing a sharp decline of 15% within the past day, hitting a low of $4.953. The daily trading volume of WLD has surged to $920 million, marking a remarkable 127% increase. This surge in trading activity comes […]