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 […]
Tag: cryptocurrency
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 $131 million attributed to short orders, resulting in the liquidation of 79,700 individuals. BTC rose 4.57% to cross […]
In recent developments within the cryptocurrency market, MAGA ($TRUMP), a token associated with former US President Donald Trump, has skyrocketed to an all-time high of $5.242. The surge reflects a remarkable 42% increase in value over the past week, marking significant growth for the digital asset. The abbreviation MAGA symbolizes “Make America Great Again,” a […]
Over the weekend, the cryptocurrency market witnessed significant gains in prices across DeFi-focused tokens like Uniswap (UNI), Curve DAO Token (CRV), and Aave (AAVE). This surge in value came in response to a notable fee structure proposal announced by the Uniswap Foundation, sparking excitement among investors and traders. In a noteworthy on-chain transaction that captured […]
Litentry $LIT, a prominent token in the portfolio of DWF Labs, has witnessed remarkable gains in its value, soaring by over 42% throughout this week and experiencing a 24% surge today, reaching a yearly high of $1.496. Functioning as a privacy-preserving decentralized identity aggregation oracle, Litentry operates on the Substrate framework and is specifically designed […]
The Spell Token ($SPELL), an essential component of abracadabra.money, has recently demonstrated remarkable market performance, witnessing a surge of over 62% in the past 24 hours, with its price reaching $0.00107. This notable increase reflects the token’s solid position within the DeFi ecosystem and the growing interest from investors. The market-making token $SPELL, managed by […]