Altcoins

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Runes Generate $135M In First Week Amid Record Daily Transactions

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Bitcoin’s recent surge to a new all-time high in daily transactions has been accompanied by the remarkable success of its latest innovation, Runes. Since its launch just one week ago, Runes has made waves in the cryptocurrency world, generating an impressive $135 million in network fees. The launch of Runes coincided with a significant milestone … Read more

Framework Ventures Boosts Stake In Synthetic Protocol Amid Price Decline

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The Synthetic protocol, represented by its native token $SNX, has experienced a notable decline of 41% over the past month. However, there’s a glimmer of optimism as the price of $SNX saw a modest 2% increase today.  In a move that reflects confidence in the project’s long-term potential, Framework Ventures, a notable investor in Synthetix, … Read more

Early Investor Moves 2.5 Million ONDO Tokens Amid Price Decline

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The cryptocurrency $ONDO has experienced a 2.5% decline in its price today, adding to a downward trend that has seen a 10% decrease over the past 30 days.  Amidst this price movement, an interesting development has occurred involving a significant address in the $ONDO ecosystem. Address 0x5f13…4E7C2, which appears to be an early investor or … Read more

A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’

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Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that has maintained some actors in the space, making it look “like a risky casino.” A16z … Read more

Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’

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Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely … Read more

Maneki Token Surges By 50% In 24 Hours Amidst Whales’ Activity

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The cryptocurrency market is abuzz with the meteoric rise of $MANEKI, a token that has skyrocketed by over 30,000% since its inception.  In the past 24 hours alone, the price of Maneki has surged by an impressive 50%, with its market capitalization reaching $192.6 million, and it is currently trading at $0.02167. Recent data from … Read more

BNB Announces Native Liquid Staking Addition in BSC

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BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets while the ecosystem abandons the Beacon chain. BNB Chain Evolves Into a … Read more

Bitcoin Sees Upsurge To $67,000 Amidst Whales’ Accumulation

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Bitcoin experienced a notable upsurge in the past 24 hours, reaching a high of $67,000, buoyed by strong support from key whale tier holders with holdings ranging from 1,000 to 10,000 BTC.  🐳 #Bitcoin’s key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of … Read more

S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape

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According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, the report outlines the potential for enhanced regulatory clarity and increased institutional adoption. S&P Global Ratings Analyzes Impact of New … Read more