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Dragonfly Capital recently made significant moves in the market, with two of its addresses depositing 62.62 million AEVO tokens (equivalent to $25.04 million USD) into FalconX. Reports suggest that this transaction clears out all of Dragonfly’s AEVO positions that were accumulated since May, leading to an estimated loss of $36.84 million. Between May 13 and … Read more
Over the past year, Algorand has experienced significant growth, with a sharp increase in wallet adoption. According to @intotheblock, the number of Algorand wallets with a balance rose from 18.88 million on September 24, 2023, to 21.48 million in 2024. This impressive growth of 2.6 million new wallets in just one year highlights the increasing … Read more
As the NFT market continues to evolve, several standout collections on the Ethereum blockchain are making waves. Coingecko’s recent ranking by market cap highlights the top performers in this space. Here are the top 5 Ethereum-based NFT collections: 1. CryptoPunks Widely regarded as the original NFT collection, CryptoPunks was launched in 2017 with 9,000 out … Read more
$CELO, the native token of the Celo blockchain, saw a remarkable 19.6% surge today, climbing to $0.63. The spike follows praise from Ethereum co-founder Vitalik Buterin, who acknowledged Celo’s growth and its ongoing transition from a Layer 1 (L1) to a Layer 2 (L2) blockchain. Price Action: $CELO (@Celo) is up 19.6% today to $0.63, … Read more
Ethereum futures are showing a bullish shift as funding rates rise, indicating increased buying activity among futures traders. This uptick in demand suggests that market participants are becoming more optimistic about Ethereum’s short-term price potential. #Ethereum Futures Signal Bullish Shift “The rise in funding rates indicates an increase in buying activity among futures traders, signaling that … Read more
Earlier this week, a whale executed a significant trade, selling 150,428 INJ tokens worth $3.29 million and purchasing 2.44 million LDO tokens valued at $3.05 million through Cumberland. Lido Finance, along with Aave, continues to dominate as one of the most revenue-generating applications. A whale sold 150,428 $INJ($3.29M) and bought 2.44M $LDO($3.05M) via #Cumberland in … Read more
The largest $BONK holder, with a massive 2.41 trillion $BONK valued at $44.75 million, also holds a significant position in $TAI. This whale withdrew 3.78 million $TAI (worth $566K) from Gate.io on June 13, when the price was $0.17 per token. Since then, $TAI has surged by more than 27% in just seven days, reflecting … Read more
Bitcoin’s surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst. Go to Source
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel funds from fraud, ransomware, and darknet activities. U.S. authorities, in collaboration with international law enforcement, … Read more
President Nayib Bukele highlighted El Salvador’s achievements since his first term, referring to the country’s economic revival and improved personal security before the United Nations General Assembly. Bukele also warned about worsening global conditions, stating that humanity is facing a new dark age and that El Salvador can only serve as a small shelter against … Read more