Argin Chronicles
Over the past 24 hours, Uniswap (UNI) has seen a 5% decline in its price, falling to $10.9. This downturn contrasts sharply with the coin’s performance over the last week, during which it surged by 44%, climbing from $7 to a high of $11.7. The recent price decrease coincides with significant onchain activity. Notably, a […]
TokenFi ($TOKEN) experienced a notable 22% price increase today, reaching a high of $0.1385, driven by a substantial rise in trading volume, which spiked by 280%. This surge highlights growing investor interest and significant market activity surrounding the token. Amid this price rally, DWF Labs made a significant move by depositing 7 million $TOKEN, worth […]
As Ethereum continues to trade above the $3,000 mark, stablecoins, ETH, and ETH derivatives are leading the charge in high-yield opportunities, leaving other large-cap cryptocurrencies mostly in the shadows. CoinShares recently reported substantial inflows into digital asset investment products, with a notable $932 million received last week. This surge is largely attributed to market expectations […]
Bitcoin’s whale wallets, those holding over 100 BTC, have maintained a significant coin supply at 11.79 million. However, whale activity has hit its lowest level in 2024, with only 15,907 wallets holding at least 100 BTC. This represents a decline of 76 wallets, or 0.48%, over the past two months. A rise in these large […]
The Tron Network has recently experienced a remarkable surge in activity, as highlighted by data from Intotheblock. Year-To-Date Daily Active Addresses on the network have seen a significant spike, indicating heightened user engagement. On May 6th alone, there were 3 million active addresses involved in transactions, with a staggering 7 million recorded transactions. The Tron […]
In the tumultuous landscape of the cryptocurrency market, the past week has been marked by a substantial downturn, sending shockwaves across various digital assets. Among them, the popular memecoin $SHIB has experienced a notable 4% decline in value over the course of the week, reflecting the broader trend of market contraction. A recent report has […]
A recent analysis sheds light on Ethena protocol’s unique capability to generate USDe, a synthetic dollar, through a delta-neutral strategy. This method involves a careful balance of cryptocurrencies and cryptocurrency derivatives to uphold the stability and integrity of USDe. One standout feature of Ethena is the opportunity for users to earn over 10% APY on […]
Ethena, the popular cryptocurrency token, continues its downward spiral as it dips below the $1 mark, shedding 20% of its value in a single day to reach a trading price of $0.947. In a concerning development, the project’s multi-signature address has initiated a substantial recharge of 35.12 million $ENA tokens to various exchanges including Gate, […]
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 […]
After a sluggish start to the trading week, the cryptocurrency market has shown signs of a slight rebound today across various assets, providing a glimmer of optimism for traders and investors alike. Recent on-chain reports have shed light on the movements of smart money players within the market, particularly in response to the recent pullback. […]