TRON ($TRX) has seen a remarkable surge in long-term holders, with nearly 90 million addresses now holding the asset, marking a 237% increase over the past year. This significant growth reflects a rising confidence in TRON’s future, as more investors opt to hold $TRX for the long haul, signaling strong faith in the blockchain’s potential […]
Tag: Crypto
In 2024, fiat-backed stablecoins saw a notable increase of 35.4%, pushing their total market cap to $161.2 billion. Despite this growth, the figure remains below the all-time high of $181.7 billion reached in 2021. Tether (USDT) continues to dominate the stablecoin space, holding a 70.3% market share. In contrast, USDC has been on a downward […]
The Aave DAO has just launched a dedicated @ether_fi market on its platform, allowing users to borrow stablecoins such as $USDC, $pyUSD, and $FRAX against their @ether_fi weETH liquid staking tokens. This move introduces new opportunities for DeFi strategies, particularly through liquid restaking tokens like weETH, which enable advanced maneuvers like leveraged ETH staking. This […]
In a surprising on-chain message last night, the notorious Euler Finance exploiter sent a congratulatory note to the Penpiexyz hacker. The message read: “Good job, bro. Haven’t seen a hack like this in a while. Glad you kept all the money and didn’t let them get a dollar back. You won, they lost.” 🚨UPDATE🚨Last night, […]
In a significant recent development, Alex Svanevik, CEO of Nansen.ai, has transferred the remaining $2.89 million worth of $LDO to Coinbase. This move, made just 20 minutes ago, follows his earlier receipt of 5 million $LDO, valued at approximately $4.91 million, on December 17, 2020. Svanevik, a prominent initial member of the Lido DAO, has […]
Celestia is approaching the price point of its $100 million OTC deal at $3.50, signaling increasing investor interest. Recently, the team announced plans to increase its block size to 1 gigabyte, aiming to enhance data transfer efficiency. Celestia nearing the price they did a $100 million OTC deal at ($3.50) which people thought was free […]
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 […]
The stablecoin market has seen extraordinary growth over the past few years, highlighting its crucial role in the broader cryptocurrency ecosystem. In March 2020, the market value of stablecoins was a modest $5 billion. However, by April 2022, this figure had skyrocketed to an all-time high of $188 billion, driven by the last bull cycle. […]
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 […]