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Bitcoin’s price continues to impress, reaching an all-time high of about $88,350 and marking a rebound from the dip a couple weeks ago of around $77,500. Multiple supposedly “significant” factors appear to be driving this price action, among them: supposedly meaningful exchange outflows, renewed accumulation by so-called Bitcoin whales, and, it seems, an overall upswing … Read more
Polygon ($POL) has consolidated its status as the leading blockchain for USDC transfers, with active unique $USDC addresses on the platform hitting a remarkable 2.7 million in the last 30 days. This accounts for more than 30% of the total active addresses across all blockchains, showcasing yet another instance of Polygon’s high-flying act in the … Read more
Sonic Labs has more than doubled its bridged USDC.e supply in just one month. This signifies an evolution in the decentralized finance (DeFi) space—from platforms like Sonic Labs to DeFi users—to where platforms like Sonic Labs operate like more mainstream financial offerings. This is amazing for two reasons. First, the total supply of bridged USDC … Read more
Pol’s outlook appears highly bearish on the daily chart following steady reductions in the past months. However, it recently slowed down drops after locating a solid ground this month and showed signs of strength. Looking at the market structure, Pol appears super bearish on the daily chart following a significant correction that hit the entire … Read more
In the cryptocurrency world, market makers are crucial for liquidity and price stability when it comes to new digital assets like the MOVE token. Recently, however, the identification of Flowdesk and GSR Markets as market makers for the MOVE token has prompted a close look at the regulatory status of these companies. How can we … Read more
In the past few hours, a striking sequence of transactions associated with the ONDO token has captured the notice of the crypto community. Two wallets linked to the decentralized finance (DeFi) platform @OndoFinance have deposited a breathtaking 13.83 million ONDO, worth about $12.2 million, into Coinbase Prime. This is part of a larger, ongoing deposit … Read more
A fresh swell of activity is washing over decentralized finance (DeFi) as WLFI—an outfit that appears to be backed by the Trump family—makes news with significant movements of digital assets. In the past 24 hours, WLFI has done a big sale of 184,000 ENA tokens (don’t ask; we don’t know what ENA tokens are, either). … Read more
In a move that has stirred the cryptocurrency community, Mt. Gox, the notorious exchange that halted withdrawals in 2014 after a massive hacking incident, has recently sent 24,052 BTC, worth about $2.43 billion, to a new wallet labeled “1N7jW.” The timing of the transaction seems rather auspicious, occurring just as Bitcoin itself was breaking through … Read more
The DEX scene on Solana has been shaken up recently as a new entrant in the market, PumpSwap, has taken the crypto space by storm. In just six days since its launch on March 20, 2025, PumpSwap has already captured a significant chunk of the Solana DEX market, hitting $425 million in trading volume on … Read more
One of the top blockchains in the cryptocurrency space, BNB Chain, has unveiled a new $100 million liquidity incentive program designed to raise the profile and drive the adoption of BNB Chain-native tokens. This announcement follows two earlier liquidity programs that together totaled $4.4 million and is part of a larger narrative around BNB Chain … Read more