GSR Markets has recently been involved in a significant transaction, receiving 10 million EDU tokens—valued at approximately $5.33 million—from Open Campus’s multi-signature wallet just four hours ago. This transfer is part of a larger pattern, as the multi-signature wallet has sent a total of 28 million EDU tokens (worth about $22.33 million) to GSR over […]
Tag: cryptocurrency
The LTD Token project has achieved a significant milestone with the successful completion of its first token burn. A total of 265 billion $LTD tokens have been burned, marking a crucial step in the project’s long-term roadmap. This burn is the first of many planned as the project continues to develop and grow. The first […]
With significant developments across the tech and crypto sectors, many are wondering if the cryptocurrency market is on the verge of a breakout. Nvidia recently reported a staggering $30 billion in revenue, surpassing expectations and fueling excitement, especially among crypto AI tokens. Meanwhile, the crypto market has faced its own challenges and opportunities. One notable […]
NEAR Protocol, known for its serious DeFi projects and vibrant NFT ecosystem, is also home to a lively and quirky meme culture that’s catching the attention of crypto enthusiasts and whales alike. As larger investors begin accumulating NEAR, let’s explore the unique world of NEAR’s meme tokens that are gaining traction. One of the standout […]
Aave’s GHO token is approaching its all-time high as its user base broadens, with a growing number of non-stkAAVE holders minting GHO since May. This surge in adoption suggests that GHO is gaining traction beyond Aave’s core community, attracted by competitive borrowing rates and DeFi use cases. Aave's GHO approaches ATH with broader userbase The […]
In a remarkable feat, PayPal’s USD stablecoin (PYUSD) has achieved a $1 billion market capitalization just 383 days after its launch, outpacing USDC and USDT in growth rate. The PayPal USD stablecoin is part of PayPal's mission to revolutionize commerce globally. This weekend, we reached a major milestone: over $1 billion in market capitalization! This […]
The recent struggles of Arbitrum following its major token unlock serve as a cautionary tale for other tokens with upcoming unlocks. As we approach October 2024, a significant unlock event is on the horizon, with $TIA leading the pack at $925 million, followed by other tokens totaling $474 million. While this could present a growth […]
Sony, the Japanese electronics giant, is making a significant leap into the Web3 space with the introduction of its new public Ethereum layer 2 blockchain and ecosystem, dubbed “Sonieum.” The project, spearheaded by Sony Block Solutions Labs, the company’s Web3 division, is designed to bridge the gap between blockchain technology (Web3) and conventional internet services […]
Investor sentiment towards Render Token, a key player in the artificial intelligence and decentralized computing (Depin) sector, has taken a notable hit, with positive sentiment dropping to just 21%. This decline raises concerns about the token’s future prospects, particularly given the growing importance of public perception in the cryptocurrency market. Telegram Sentiment Analysis Recent data […]
The decentralized finance (DeFi) sector is taking significant strides by integrating Real-World Assets (RWAs), with a remarkable $3.74 billion in Total Value Locked (TVL). This evolution is rapidly gaining momentum, with 73 RWA protocols collectively holding a market cap of $4.59 billion and serving 248,438 unique token holders. The growing synergy between DeFi and traditional […]