July 2024 Fundraising Report: Infrastructure, Blockchain Services, And DeFi Lead The Way

In July 2024, the fundraising landscape saw significant activity, with an estimated $878 million raised across 162 projects. The month highlighted a strong investor focus on the Infrastructure, Blockchain Service, and DeFi sectors, which continue to attract substantial capital. First, these were the top 10 projects that had raised the most funds in July (3/15) … Read more

Whales and Smart Money Keep Betting On $NEIRO Despite High Prices

In the past 24 hours, $NEIRO has emerged as the top cryptocurrency in the “Accumulated by Smart Money” category. Both whales and savvy decentralized exchange (DEX) traders are actively increasing their holdings of $NEIRO, despite its high price. This has garnered significant attention in the crypto space. Among The Recent Notable Purchases, Several Smart Wallets … Read more

$VOW Plummets Over 50% Following Cyber Attack Report Uncovering Multi-Million Dollar Hack

In the last 24 hours, $VOW has suffered a dramatic 50% drop in value after Cyver Alert released a concerning report today. The report revealed that on August 13, 2024, Cyver’s monitoring system detected several suspicious transactions involving the Vowcurrency (@Vowcurrency) network. According to Cyver Alert, the attack was meticulously planned, with the malicious contract … Read more

Solana Whale Offloads $86 Million In SOL As Market Awaits Potential Correction

A prominent whale has sold a staggering 594,000 SOL, valued at $86 million, since the start of the year. This large-scale unloading has taken place across major exchanges like Coinbase, Binance, and OKX, with the whale averaging one sale per week. The most recent transaction occurred just yesterday, signaling continued selling pressure on Solana. A … Read more

Understanding The Relationship Between Market Cap And Token Price: A Closer Look

Market cap and token price are fundamental indicators of a cryptocurrency’s value, yet they can behave differently under various market conditions. Understanding this relationship is crucial for making informed decisions in the crypto space. Rising Market Cap Despite Falling Token Prices At first glance, it might seem contradictory for a market cap to rise while … Read more

XRP Soars As Market Cap Surges 23% Following U.S. Court Ruling

XRP has experienced a significant surge, with its market cap increasing by 23% in the past 24 hours. Wallets holding between 1 million and 10 million XRP on the XRP Ledger now control a record-breaking 7.06 billion coins, valued at $4.42 billion. Additionally, discussions about XRP on social media have reached their highest levels since … Read more

Binance Labs Invests In Solayer, The Fast-Rising Restaking Network On Solana

Binance Labs has announced its investment in Solayer, a rapidly growing restaking network built natively on the Solana blockchain. In just under 60 days since launching its first phase, Solayer has quickly ascended to become the 13th largest protocol on Solana, according to data from DeFiLlama. Binance Labs announced that it has invested in Solayer, … Read more

Whales Are Accumulating These Cryptocurrencies: What It Means For The Market

When whales—large investors with significant holdings—start investing in a particular cryptocurrency, it often signals the asset’s potential for growth. This behavior can trigger a domino effect, where smaller investors follow suit, driving up both demand and price. So, which cryptocurrencies are currently catching the eye of these big players? As anticipation builds for the launch … Read more

Bitcoin Investors Show Confidence Amid Market Dip, Institutional Interest Peaks

During the recent Bitcoin price dip, wallets holding between 1,000 and 10,000 BTC displayed notable confidence, consistently increasing their holdings as the market declined. In contrast, wallets with less than 1 BTC exhibited a lack of conviction, experiencing the most significant reduction in holdings during yesterday’s downturn. Wallets holding between 1,000 and 10,000 BTC demonstrated … Read more