Alameda Research Deposits Entire $POL Allocation Amid Polygon’s 106% Surge

A wallet, believed to be linked to Alameda Research, recently made significant moves involving $POL tokens received from the Polygon Foundation. Yesterday, the wallet deposited all 8.68 million $POL (valued at $6.19 million) into FalconX, marking the latest in a series of notable transactions. The wallet originally received these tokens, then valued at $3.2 million, … Read more

DWF Labs Continues GALA Deposits As Token Surges Over 50% In A Week

DWF Labs has ramped up its activity with GALA, depositing another 10 million tokens (worth $616,000) to Binance within the last day. Over the past 31 hours, the firm has transferred a total of 30 million GALA across four transactions, with an average price of $0.05504. These deposits amount to $1.65 million. Despite these significant … Read more

Framework Ventures Deposits $19.5M In SNX To Coinbase, Signaling Potential Profit

Framework Ventures, a major early investor in Synthetix and the largest institutional holder of its native token SNX, has deposited 6.5 million SNX (valued at $19.5 million) to Coinbase just three hours ago. This move has drawn attention as it highlights Framework’s active management of its holdings in the Synthetix ecosystem. Before this deposit, Framework … Read more

The Bitcoin Renaissance: How Bitcoin L2s Can Revive Bitcoin

Bitcoin has crossed the $100,000 milestone, solidifying its place as the leading cryptocurrency. Its dominance stems from Metcalfe’s Law and its unmatched network effects, making it the most secure and widely recognized crypto asset. But Bitcoin is often seen as “digital gold”, a store of value rather than a platform for innovation. This narrative, while … Read more

Binance Labs Completes Transfer Of 75M GMT, As Project Marks New Milestone

Binance Labs, the investment arm of Binance, has finalized its transfer of 75 million GMT tokens to Binance, with the last tranche of 30 million GMT ($7.29 million) sent from its address. These tokens were acquired through vesting and unlocking mechanisms, and the entire batch was transferred at an average price of $0.214, amounting to … Read more

Top 5 Trending Topics Shaping Cryptocurrency Markets This Wednesday

The cryptocurrency market is abuzz with key developments driving price movements and discussions. Here are the top five topics dominating the space today: 1. Tron’s Milestones Tron blockchain and its native token TRX are in the spotlight, fueled by the migration of TRX from Ethereum to Tron and its growing utility in transactions and staking … Read more

AAVE Surges 53% In Market Cap Amid Positive Speculation And On-Chain Milestones

Over the past two weeks, AAVE has experienced a remarkable 53% increase in market capitalization, driven largely by growing speculation around more favorable DeFi conditions under the pro-crypto policies anticipated from Trump’s presidency.   The past 24 hours have witnessed significant on-chain activity, highlighting AAVE’s growing prominence: – 587 whale transactions, the highest since March 2022. … Read more

Bitcoin Breaks $100K: A Historic Milestone With Growing Institutional Interest

In a historic moment 5,808 days after Satoshi Nakamoto mined Bitcoin’s first block, the price of a single BTC has soared past $100,000. This milestone marks a remarkable journey for the world’s largest cryptocurrency, cementing its status as a leading asset in the global financial landscape. Institutions are buying #Bitcoin $BTC above $100,000 to build … Read more

Justin Sun Boosts Ethereum Activity As Price Surges Past $3,800

Justin Sun, founder of Tron, has made another significant move in the Ethereum market. Eight hours ago, he deposited 20,000 ETH (valued at $76.3 million) into HTX, coinciding with Ethereum’s price breaking above $3,800. This brings his total ETH deposits into centralized exchanges (CEXs) since early November to 41,630 ETH ($145.9 million). Of this, 39,000 … Read more

The $HAWK Token: A Rug Pull Disguised As Opportunity

On December 4, 2024, internet personality Hailey Welch launched the $HAWK token, leveraging her fame as the “Hawk Tuah” girl to attract trusting fans. What began as a promising cryptocurrency project quickly unraveled into a carefully orchestrated rug pull, leaving investors with devastating losses. The launch initially generated excitement, with $HAWK reaching a $500 million … Read more