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 […]
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 […]
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 […]
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. 🧐 Trader sentiment is […]
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 […]
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 […]
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. Digital asset investment products recorded their second-highest weekly inflows on record last week, totaling $1.84 billion. Trading volumes in investment products reached a record of more than $30 billion, with total assets […]
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 […]
Today marks a significant milestone for the PORTAL token, introduced by Binance as part of its 47th Launchpool event on February 22. The project has announced the distribution of tokens to various cryptocurrency exchanges, signaling the readiness for the upcoming token listing process. PORTAL, the pioneering platform poised to transform Web3 gaming, has garnered attention […]
Today, Bitcoin (BTC) rallied by 4.57%, breaking the $59,000 mark, while Ethereum (ETH) also saw a 2.7% increase, reaching beyond $3,300. Coinglass reported that within the last 24 hours, a total of $233 million was liquidated, with $131 million attributed to short orders, resulting in the liquidation of 79,700 individuals. BTC rose 4.57% to cross […]