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Maker Co-Founder’s Token Exchange Sparks MKR Surge

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 […]

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EigenLayer Transforms Ethereum Ecosystem With Enhanced Security And Validation

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 […]

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Bitcoin And Ethereum Surge As Trading Volume Peaks

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 […]

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Ethereum Surpasses $3000 Mark Amidst Whales’ Accumulation

In a significant move for the cryptocurrency market, Ethereum, the second-largest digital asset, breached the $3000 milestone yesterday, marking a notable achievement in its price trajectory. However, today saw a slight retracement, with Ethereum dipping to $2,900, reflecting a marginal 1% decline. The surge past the $3000 mark prompted a considerable number of Ethereum addresses, […]

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Ethereum Surges Past $2,900 As Dencun Update Anticipation Grows

The price of Ethereum (ETH) continues its upward trajectory, surpassing $2,900 with a gain of over 4% today. This surge comes amid heightened anticipation for the upcoming Dencun update, signaling growing interest and excitement within the cryptocurrency community towards the altcoin. Ethereum co-founder Vitalik Buterin’s recent discussion on the potential applications of artificial intelligence (AI) […]

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TRON Emerges As Premier Blockchain For USDT Transactions

The transaction volume of USDT on the TRON Network has been on a steady rise, consistently surpassing the $10 billion mark in daily on-chain transactions since October 2023. This trend underscores TRON’s prominence as the top blockchain for USDT transactions, reflecting its reliability and efficiency in handling significant transaction volumes. The transaction volume of USDT […]

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Cryptocurrency Trading Volume Reaches $288 Billion In Past Week, Shows Santiment Data

Over the last seven days, cryptocurrency trading has amounted to a staggering $288 billion across 2,842 tracked assets, according to Santiment data. This reflects a notable 22% decrease compared to the previous week. 📊 The past 7 days of #crypto trading volume has totaled $288B, according to our 2,842 tracked assets. This is a -22% […]

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Solana’s DEX Trading Volume Surpasses Ethereum’s Fueled By $JUP Airdrop Excitement

Solana’s decentralized exchange (DEX) trading volume reached a remarkable $1.14 billion within a 24-hour period, outpacing Ethereum’s $1.13 billion. This surge in trading activity was driven by the anticipation surrounding the $JUP airdrop. 📊 @solana's DEX trading volume hits $1.14B in 24 hours, eclipsing @ethereum's $1.13B, fueled by the $JUP airdrop excitement. Ethereum still leads […]

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Ethereum Price Skyrockets Over 10% As Whales Increase Holdings Amidst Spot ETFs Anticipation

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 […]

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Leading Blockchain Platforms In 2023: Ethereum, Tron, Binance Smart Chain, Arbitrum, And Solana Dominate TVL Rankings

In the dynamic realm of cryptocurrencies, Total Value Locked (TVL) has emerged as a crucial metric, representing the cumulative dollar value of digital assets staked or locked within a specific blockchain network. This figure is influenced by the utilization of decentralized finance (DeFi) platforms and decentralized applications (dApps), serving as an indicator of a project’s […]