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Solana (SOL) hit a series of spectacular highs, with its investor base garnering significant rewards and the volume of transactions on its decentralized exchange (DEX) soaring. Recently, the blockchain went through an impressive 60 minutes of profit resolution, totaling $257 million, one of the five biggest moments of hourly profit realization we’ve seen over the … Read more
One of the most influential players in the non-fungible token (NFT) market, Yuga Labs has confirmed that the U.S. Securities and Exchange Commission (SEC) has finished its probe into the company’s activities. After more than three years of oversight, the SEC has officially said that NFTs aren’t securities. This is a big win for the … Read more
The recent downturn in the cryptocurrency market has many investors worried about the future of digital assets. For the better part of the last six weeks, the caps of various cryptocurrencies have been in a freefall, which hasn’t done anything to boost the kind of confidence that tokens are a viable investment or that the … Read more
The market for cryptocurrencies has dropped sharply. The total market cap shrank 11.8% to $2.86 trillion on March 4. It was a day when traditional markets also sold off hard. What caused the downturn? Part of the picture is that Donald Trump, the former U.S. president and a man not shy about throwing shade on … Read more
The Bybit hack from February 2024 has left the crypto exchange with some serious problems to deal with. And in an update that must have surely left a bitter taste for the exchange’s employees and investors, Bybit’s CEO Ben Zhou confirmed that the hackers have successfully laundered around $280 million of the $1.4 billion they … Read more
A dramatic strategy shift for a cryptocurrency whale: selling off 5.35 million $ONDO tokens for 5.41 million $DAI, taking a big hit of $854,000 (around 14% of its value) in just one day. A huge transaction that was done about seven hours ago marks a notable shift in the whale’s portfolio and indicates a broader … Read more
As altcoins continue to bleed out, DOT showed signs of weakness and posted a minor loss today. Having registered more than 30% loss in a month, it currently looks poised for another major breakdown. Looking back from where the price started to drop in December, DOT’s bearish outlook is turning stronger on a short-term scale. … Read more
For a long time, the cryptocurrency market has been a place for large institutional players and high-risk traders to roam. These traders seek to route the market and take it in whichever direction ensures they get a payoff. One such trader has recently turned some heads by making very large, very leveraged bets in the … Read more
In the constantly evolving world of cryptocurrencies, one investor’s recent choice to open up a large position in the $LAYER token has promptly been rewarded. With a well-crafted move today, the address 6NhBJ…Pvyk2 picked up 2.36 million USD worth of $LAYER at a price of $0.7856. Less than a day later, this same investor saw … Read more
On-chain activity in Bitcoin is at its highest since December 2024, as measured by the number of active addresses. And this is making many in the crypto community sit up and take notice, because when you get right down to it, active addresses are probably the best on-chain metric for trying to gauge what might … Read more