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This year, politically-themed tokens have taken the crypto market by storm, surging an impressive 782.4%, far outpacing the modest 90% rise seen in meme coins. Leading the charge is ConstitutionDAO’s token, PEOPLE, which boasts a market cap of $385.6 million—a staggering 494.3% increase since January. Similarly, the TRUMP-themed MAGA coin has seen a meteoric rise … Read more
In a dramatic turn of events, a major crypto whale has moved 14.95 million BLUR tokens, valued at $2.18 million, to Binance at a significant loss. This whale, once the top staker of BLUR, is suspected of liquidating their entire position within the last 40 minutes. If these tokens are sold, the loss is expected … Read more
As August wrapped up, data from IntoTheBlock revealed that 97% of Tron ($TRX) holders are in profit, a remarkable indicator of confidence in the network despite ongoing bearish market conditions. Tron, a blockchain designed for building decentralized applications (dApps) similar to Ethereum, has been gaining traction, especially since the bear market began in 2022. While … Read more
The TON blockchain is making waves in the crypto space, recently processing over 46 million transactions in just one week, fueled by the buzz around the $DOGS airdrop. As of August 2024, the TON ecosystem is proving to be both dynamic and robust, showing impressive metrics across various fronts that highlight its growing potential. The … Read more
The ApeCoin project has recently turned to Wintermute for handling significant token transactions, raising eyebrows in the crypto community. Wintermute’s OTC address, 0xDbe…7B910, received 10 million $APE tokens from the ApeCoin Treasury and its Coinbase address three days ago. This transfer, valued at $6.31 million, marks a substantial move in the ApeCoin ecosystem. In the … Read more
In a market where few AI tokens have reached all-time highs (ATHs) this cycle, $LNQ stands out by achieving multiple ATHs. With its Stochastic RSI currently in an oversold position, another surge could be on the horizon. The team behind $LNQ, @linq_ai, continues to innovate and expand its ecosystem, recently announcing both token burns and … Read more
The Crypto Fear & Greed Index has taken a sharp turn from “Greed” to “Fear” this week, plummeting from 55 to 26 as Bitcoin’s price slipped below $58,000. This shift reflects the growing concerns among investors and traders about Bitcoin’s current market dynamics. The Crypto Fear & Greed Index has shifted from “Greed” to “Fear” … Read more
The digital asset market experienced significant volatility last week, with investment products seeing a total net outflow of $305 million, according to CoinShares. Leading the pack was Bitcoin, which saw outflows totaling $319 million, reflecting a cautious sentiment among investors. Ethereum wasn’t spared either, with outflows of $5.7 million and trading volumes stagnating. This stagnation … Read more
WazirX, a prominent Indian cryptocurrency exchange, has informed its users that they could face significant losses following a major security breach in July 2024 that resulted in the theft of $234 million. The platform is currently undergoing a restructuring process and has sought time from Singapore’s high court to devise a swift recovery plan to … Read more
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely in cryptocurrency, but Judge Lady Ross sought legal clarification on whether … Read more