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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
Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto. Go to Source
Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes … Read more
1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market. Go to Source
DWF Labs has ramped up its activity with GALA, depositing another 10 million tokens (worth $616,000) to Binance within the last day. Over the past 31 hours, the firm has transferred a total of 30 million GALA across four transactions, with an average price of $0.05504. These deposits amount to $1.65 million. Despite these significant … Read more
Framework Ventures, a major early investor in Synthetix and the largest institutional holder of its native token SNX, has deposited 6.5 million SNX (valued at $19.5 million) to Coinbase just three hours ago. This move has drawn attention as it highlights Framework’s active management of its holdings in the Synthetix ecosystem. Before this deposit, Framework … Read more