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$FIGHT: Smart Money And DEX Traders Ramp Up Accumulation

Recent data from iCrypto highlights a growing interest in $FIGHT, placing it among the top five tokens accumulated by Smart Money over the past 24 hours. Notably, the holdings of Smart Money and Smart DEX traders in $FIGHT have surged by over 35%, reflecting a significant uptick in confidence among seasoned investors. One wallet, in […]

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Market Rebound: Bitcoin and Altcoins Lead The Charge

Since yesterday, the market has been favoring both Bitcoin and altcoins, signaling a strong rebound. Despite recent dips, the Bullish Falling Wedge pattern remains intact for $RIO. The price of $RIO made a significant recovery, forming a hammer pattern when it touched 80 cents. Currently, $RIO is trading at $0.94, eyeing a reclaim of the […]

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Market Surge Following Fed Statements: Bitcoin And Stocks Rally

Following the Federal Reserve’s positive statements, both the stock market and Bitcoin have shown robust recovery, with Bitcoin surging by 13%. This upward momentum has positively impacted the broader market, raising hopes for favorable news on the Bitcoin ETF, particularly from BlackRock. $BTC – Is the market in the phase of recovery yet?🧵(August 6 updated […]

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Crypto Market Retrace Sparks Calls For Sub-$50K BTC As ETF Dynamics Shift

The crypto markets have experienced a significant retrace, leading traders to once again speculate on Bitcoin (BTC) dropping below the $50K mark. Historically, when the 7-day average trader returns for top cryptocurrencies like BTC, ETH, ADA, XRP, DOGE, and LINK are low, the likelihood of a market bounce increases considerably. 📊 Crypto markets have retraced […]

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SuiNetwork: The Future Of Fast And Affordable Blockchain Transactions

SuiNetwork, a decentralized Layer 1 blockchain, is making waves with its promise of fast and cheap transactions. Developed by Mysten Labs, Sui is designed to make Web3 secure and reliable for everyone. The team behind Mysten Labs includes several former members of Meta’s Novi digital wallet program, with Even Cheng serving as CEO. Backed by […]

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Major GHO Whale Strategy Could Impact Market Dynamics

The largest GHO whale has minted approximately 17.5% of all circulating GHO, equating to 15.5 million GHO. This whale’s strategy involves using sDAI as collateral to mint GHO and subsequently depositing the minted GHO into the safety module pool to earn both GHO and AAVE incentives. With the current sDAI DSR at 8% and the […]

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Compound Finance Website Compromised; CEO Resigns To Launch Legend DeFi Protocol

Compound Finance, a prominent player in the DeFi space, faced a security breach yesterday when its official website was hacked and replaced with a phishing site. Michael Lewellen, a security consultant for Compound DAO, confirmed the incident and advised users to refrain from interacting with the compromised website. Fortunately, the breach was limited to the […]

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$ZKJ Launches New Staking Campaign With Promising Returns

$ZKJ is set to launch a new staking campaign, following the success of its previous round which saw a remarkable 144% APR in the first week. $ZKJ will be launching a new staking campaign 🔋Last round we saw a 144% APR in the first week$ZKJ continues to move in an uptrend and forming a triangle […]

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Layer 2 Report | Q2 2024: Address Growth, Transactions, and Money Flow

I. Addresses 1. Total Unique Addresses by Chain Optimism leads the pack in Q2 2024 with 149.6 million unique addresses. Following behind are Base with 84.7 million and Arbitrum with 33.2 million addresses. 2. Daily New Unique Addresses Created by Chain Base, Optimism, and Arbitrum were the top three chains for the constant creation of […]

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Lending Protocols See $5B Surge In Active Loans, Led By Aave

Lending protocols have experienced a significant boost in active loans, adding approximately $5 billion year to date. Aave, the leading lending protocol by total value locked (TVL), accounts for $4.5 billion of this increase. Unlike the previous all-time high in 2021, new entrants Spark and Morpho have now secured positions in the top three, with […]