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A significant $ONDO purchase was detected recently, as a new wallet created just 11 hours ago spent 4,611 ETH ($17.1M) to acquire 10.978 million $ONDO tokens at an average price of $1.553 amid a market dip. This development comes ahead of a substantial token unlock scheduled for January 18, 2025, which could have a profound … Read more
The stablecoin market has reached a significant milestone, with its total market capitalization surpassing $200 billion. This explosive growth is being driven by DeFi’s superior yield offerings, which outshine traditional financial instruments. With returns up to three times higher than long-term bonds, it’s no surprise that capital is pouring into this sector at an unprecedented … Read more
Over the past 30 days, Bitcoin distribution has accelerated, signaling a notable shift in market behavior. Holding Bitcoin ($BTC) is no longer the default strategy for many participants, as evidenced by the Long/Short-Term Holder Supply Ratio dropping to 3.78, the lowest level in this cycle. Amid this redistribution, key demand zones are emerging. While 482,000 … Read more
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions. Go to Source
The altcoin market is seeing a trend where early whales are starting to trim their positions. One notable UNI whale, who accumulated 546,000 UNI over the past three years, has recently transferred $3.91 million worth of tokens to Binance. The transfer occurred just an hour ago, with the average cost of the position sitting at … Read more
A previously inactive crypto wallet has re-emerged with significant activity in the EigenLayer ecosystem. The wallet, dormant for over two years, withdrew 1.6 million EIGEN tokens—worth $7.25 million—from Binance, bringing its total withdrawals over the past 43 hours to 2 million EIGEN, valued at $9.03 million. These purchases were made at an average price of … Read more
The RWA (Real World Asset) ecosystem has seen notable activity in the past week (Dec 9–15, 2024), with ONDO emerging as the top performer, boasting an impressive 641.73% growth. This surge has cemented ONDO’s position as a dominant force in the space, with 96% of its holders currently in profit. 📊 RWA Ecosystem Analysis using … Read more
The official X account of the Cardano Foundation was compromised, leading to the spread of misleading claims about an alleged $ADA token burn. The hackers falsely announced that all ADA tokens had been burned, a claim entirely inconsistent with Cardano’s protocol. Founder Charles Hoskinson has repeatedly clarified that token burns are not part of the … Read more
Bitcoin’s recent surge to an all-time high of $104,000 awakened long-term holders, who added selling pressure that briefly pulled prices back to $90,000. With dormant BTC re-entering the market, heightened volatility is expected to persist. https://twitter.com/kyledoops/status/1866082880344199247?t=Fc3q1pkNEddgcLEgOZojxg&s=19 In the options market, traders are recalibrating following Bitcoin’s climb past $100K. Options Open Interest (OI) rose to $37.3 … Read more
Ethereum’s network activity has surged, with active addresses rising 36% since November 5, signaling growing confidence in the cryptocurrency following the elections. This surge in network engagement is further supported by a 70% price increase, with ETH now positioning itself to challenge its previous all-time high. $ETH’s active addresses are up 36% since Nov 5, … Read more