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BLUR’s monthly token unlocking event has come around once again, with 39.46 million BLUR tokens, valued at $6.94 million, unlocked and transferred from the Blur unlocking contract to the 0x0A0 multi-signature address just 7 hours ago. Following previous patterns, this address performed a small deposit test into Coinbase Prime, suggesting that these BLUR tokens will … Read more
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes … Read more
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. … Read more
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed … Read more
Data from IntoTheBlock reveals a significant concentration of $TRX holdings among large holders, or whales, who control 56.56% of the total supply, translating to approximately 47.93 billion TRX. In contrast, smaller investors collectively own just 10.24% of the supply, which amounts to about 8.68 billion TRX. This stark difference highlights the dominance of a few … Read more
A Solana whale has accumulated over 170,000 SOL, worth approximately $23 million, in the past 24 hours, signaling strong investor interest despite concerns about SOL’s inflationary effects. 🚨BREAKING: SOLANA WHALE ACCUMULATES OVER 170,000 SOL WORTH $23 MILLION IN LAST 24 HOURS🚨 pic.twitter.com/RtJvqRLlcR — SolanaNews.sol (@solananew) September 11, 2024 Meanwhile, Pump.fun, a well-known fee account, sold … Read more
Ethereum Name Service (ENS) has quickly gained traction among Smart Money (SM) investors, with a significant increase in accumulation over the past few days. ENS now ranks #4 among tokens being accumulated by SM over the last 24 hours. Since September 7, SM investors have purchased a total of 11,260 ENS tokens, valued at approximately … Read more
AAVE has experienced a significant price surge, climbing 11% in just two days following a signal from iCrypto. Over the past month, the token has skyrocketed by more than 65%, making it one of the best performers in the DeFi space. AAVE is currently ranked #2 in Smart Money (SM) accumulation over the last 30 … Read more
Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially if macroeconomic conditions improve. They discussed altcoin market capitalization growth, bitcoin’s declining dominance, and speculative exhaustion in altcoins as key indicators of this trend. Analysts … Read more
Despite a significant drop of 80% from its all-time high (ATH), $TIA remains double its value since its initial listing. However, the token is facing concerns due to a looming token unlock, which could spark a market crisis. Key Figures 🗝️: $TIA currently holds a circulating market cap of approximately $870 million, representing just 20% … Read more