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Trader Willy Woo reflected on market trends and the behavior of altcoins in what he called this third alt-cycle. This cycle, Woo stated, is marked by the emergence of meme coins, “a piss-take on the crypto space.” Unlike the last cycle, which Woo linked to the appearance of decentralized finance (defi), he believes this time, … Read more
Ethereum is teetering on the edge of a potential short-squeeze showdown as leverage levels soar, with many traders betting on a price decline. The rising Estimated Leverage Ratio indicates a surge in high-stakes short positions, suggesting that many are expecting a drop in $ETH prices. However, if Ethereum can push past the critical $2.7K resistance … Read more
The price of $SPX (@spx6900) has skyrocketed by an astonishing 1,823% in just one month, turning heads across the crypto space. The token’s meteoric rise is highlighted by the top 10 holders, who collectively own 171.55 million $SPX, valued at $144 million. These top holders, spread across 32 wallets, control 18.4% of the total circulating … Read more
The XRP Ledger has witnessed a sharp increase in activity, with 35,799 unique wallets making at least one transfer in a single day — the highest level in over three months. Additionally, 3,858 new wallets were created in just 24 hours, marking the most significant spike in over seven months. 🤯📈 XRP Ledger has spiked … Read more
Manta Pacific has experienced significant growth in activity, with nearly 140,000 daily active addresses on the chain, marking a 40% increase from the previous week. According to Grow the Pie data, Manta continues to hold its spot as the third-ranked Layer 2 network, trailing only Base and Arbitrum. Additionally, the chain has logged 334,000 daily … Read more
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control. His comments were well-received by XRP supporters, highlighting the growing importance of crypto in shaping future financial … Read more
Apechain mainnet launch and LayerZero’s integration translated to 100% price upside for APE in recent days. Go to Source
BlockTower Capital has recently made another significant withdrawal, pulling 372,578 EIGEN tokens (worth $1.18 million) from FalconX. Over the past seven days, the venture capital firm has accumulated a total of 1.026 million EIGEN tokens ($3.57 million) from Wintermute Trading and FalconX, with an average purchase price of $3.482. However, the firm currently faces an … Read more
As Bitcoin gears up to possibly achieve a new all-time high (ATH) by the end of the year, the anticipated bull run seems to be on the horizon. However, altcoin season has yet to kick off. In light of the current surge in interest surrounding artificial intelligence (AI) tokens, we’ve analyzed key on-chain data and … Read more
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape has expanded considerably since the start of the year, transfer volumes have … Read more