Bitcoin experienced its first drop below the $67,000 mark since April 4th, resulting in over $850 million in liquidations within the past day. This downward trend has also affected other asset classes, including the SP500 and gold, indicating broader concerns regarding CPI and inflation across various sectors. 📉 #Bitcoin's first drop below $67K since April […]
Tag: cryptocurrency
In a recent turn of events, Blast lending project Pac Finance has found itself embroiled in controversy following a sudden change in the loan-to-value ratio (LTV) of its ezETH pool. This unexpected alteration led to the liquidation of approximately $24 million, sparking outrage among affected users and the broader crypto community. Pac Finance, known for […]
Since the introduction of Season 2 by Ethena Labs, the price of $ENA has surged, doubling in value since its launch. This significant uptrend has been attributed to the increased utility and rewards offered by Ethena’s latest season. $ENA has doubled in price since its launch after @ethena_labs introduced Season 2! After the introduction, 3 […]
TRON’s latest financial report for the first quarter of 2024 highlights impressive growth across various key indicators, signaling a promising start to the year for the blockchain platform. According to the report, TRON experienced a remarkable increase of over 21% in fees and revenue compared to the previous quarter, more than doubling year-over-year. This surge […]
In the realm of blockchain networks, Base has taken the lead with an impressive 890,000 daily active addresses. Notably, Base’s transaction volume has surged to over $1.6 billion, marking a significant milestone that surpasses Optimism’s volume by nearly threefold. The network showcased its robust capabilities by processing a staggering 2.63 million transactions on April second […]
Over the past three weeks, there has been a noticeable trend of large wallets rapidly accumulating stablecoins. Wallets holding at least $5 million in cryptocurrency have collectively increased their holdings by 5.09% of the combined supplies of major stablecoins such as USDT, USDC, BUSD, DAI, TUSD, and USDP. According to data from Santiment, the total […]
Binance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, Binance, has been actively investing in various cryptocurrency startups, contributing to the growth and development of the digital asset ecosystem. Among its portfolio companies is $GMT, the native token of the FSL ecosystem. Recent on-chain reports from Spotonchain shed light on Binance Labs’ […]
Ethena’s ENA token is making significant strides as it prepares for its upcoming launch, fueled by a strategic alliance with Binance and growing anticipation among stablecoin investors for its airdrop. With the launch of Ethena’s forthcoming Launchpool farming set to commence on March 30, users will have a three-day opportunity to earn ENA tokens, contributing […]
Following a flurry of reports detailing significant purchases by whales, the trading volume of $GMT has skyrocketed by over 500%, propelling its price upwards by more than 24% in the past week. On-chain reports have now shed light on a specific address, 0xc7e…01c77, which recently transferred a substantial 47.16 million $GMT to Binance, valued at […]
Bitcoin surprised traders yesterday with a sudden surge to $70,000, catching many off guard. This ascent coincided with one of the largest accumulation days for Bitcoin stakeholders in recent memory. On Sunday alone, wallets holding between 10 and 10,000 BTC accumulated a total of 51,959 Bitcoin. This significant accumulation represents 0.263% of the entire available […]