Whale 0xfbf Nets $13.1M Profit From PEPE While Diversifying Across Other Cryptos

Crypto whale 0xfbf, also known by the handle @degentradingLSD, has made a significant move by depositing 254.65 billion PEPE tokens (worth $5.15 million) to Binance, securing a hefty profit. Despite the sizable transaction, the whale retains 430 billion PEPE tokens, valued at $8.7 million, bringing their estimated total profit from PEPE to an impressive $13.1 … Read more

Traders Shift Focus To Altcoins Amid Bitcoin Dip

While Bitcoin’s price slipped to as low as $93K on Monday, traders have turned their attention to altcoins, uncovering potential opportunities in emerging narratives and under-the-radar tokens.   The Sandbox ($SAND)   The metaverse and GameFi sectors are regaining momentum, with $SAND drawing increased interest. Investors are showing renewed confidence in metaverse-focused projects, signaling a shift toward … Read more

Pump.fun Halts Livestream Feature Amid Alarming Controversies

Pump.fun, a popular crypto platform, has suspended its livestream feature indefinitely following a series of shocking incidents involving harmful and violent behavior. The platform, known for its bustling community of users trading tokens and hyping market milestones, has faced intense scrutiny over its inability to manage troubling content. Pump Fun has announced an indefinite suspension … Read more

Digital Asset Products Hit Record $3.1B Weekly Inflows; Solana Outshines Rivals

The digital asset market recorded a historic milestone last week, with $3.1 billion in inflows—the highest weekly figure ever. Among the standout performers, Solana ($SOL) emerged as a leader, capturing $16 million in inflows, a figure five times greater than Ethereum’s. Solana’s Growing Ecosystem   Over the past week, more than $300 million has been bridged … Read more

Bitcoin’s On-Chain Activity Surges As Market Dynamics Shift

Bitcoin’s on-chain activity is experiencing a significant uptick, marking the first sustained growth of this scale since 2021. Daily active addresses are nearing 1 million, highlighting renewed interest in the cryptocurrency. https://twitter.com/intotheblock/status/1861338230676721786?t=Ut54ItPXiZ7fGUf1Wsdpzw&s=19 One factor contributing to Bitcoin’s recent retracement is elevated funding rates, which signaled excessive leverage in the market. However, these rates have now … Read more

Ethereum Surpasses Tron in USDT Holdings, Analysts Bullish on Long-Term Outlook  

Ethereum has reclaimed its position as the leader in USDT holdings, with 66.94 billion USDT on the network, surpassing Tron’s 61.77 billion. Ethereum’s USDT balance has surged by 62% this year, driven by the bullish market and Bitcoin’s recent all-time high (ATH). Despite potential short-term fluctuations as Bitcoin approaches the $100,000 mark, analysts remain optimistic … Read more