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Reflecting the nature of the cryptocurrency market in these challenging times, a trader by the name of 0xc61 has decided to exit both AAVE ($AAVE) and Uniswap ($UNI) and take a combined loss of $360,000. This was a 7-hour-old decision in a market where holding a position has proved very precarious for this trader. They … Read more
In the atmosphere of cryptocurrency, few occurrences are as revealing as large-scale token outflows, especially when they involve a hefty sum of Ether (ETH) getting taken out of circulation. In the last several days, more than 400,000 ETH have been withdrawn from the Kraken exchange. This is stoking a lot of new conjectures among analysts, … Read more
Bitcoin’s realm has experienced some pretty momentous moves lately. Data shows that the total amount of BTC held by our oceanic friends has dropped to its lowest level since 2019. This decline marks a six-year low in whale holdings, and it has our investors and analysts scratching their heads and trying to figure out what … Read more
To boost openness and lower ambiguity for its users, Coinbase—one of the world’s biggest cryptocurrency exchanges—has released its latest token listing roadmap. The roadmap features two notable tokens likely to be added to the platform in the near term: Aethir ($ATH) and Syrup ($SYRUP). This is part of a bigger Coinbase strategy to keep traders … Read more
In the past 24 hours, the “smart money” wallets have been busy, and they have been doing something interesting. They have shown a very diverse and distinct accumulation set of strategies across several different areas of the cryptocurrency market. These accumulation strategies seem to indicate three distinct investment narratives: meme coins, stablecoins, and AI tokens. … Read more
Built on Ethereum, zkSync Era is the second-largest blockchain for Real-World Asset tokenization, 26% of whose total market share consists of its over $1.78 billion in on-chain tokenized assets. Just 27 projects account for this extensive amount of tokenized assets, which means each project, on average, tokenizes around $66 million worth of Real-World Assets. With … Read more
Solana has made remarkable advances in the realm of cryptocurrency and has placed itself as an alternative to Ethereum that is fast and scalable. Solana’s low transaction costs and high throughput have produced something that many developers and users find appealing and are talking about more and more—Solana’s fee structure. Time and again, we’ve seen … Read more
In the cryptocurrency universe, investor and trader key events always revolve around token unlocks. For when tokens become tradable tends to be when you see sizable price alterations and fresh shouts of ‘market dynamics!’ For our volatile crypto landscape, the next handful of days is set to bring some substantial token unlocks—six, to be specific. … Read more
Maker’s ($MKR) price has been notably volatile in the last few weeks, marked by a sharp rally in mid-February and a subsequent pullback. After putting in a low in mid-February, $MKR blasted up to $1,700 but has pulled back to around $1,350 as of this writing. That surge and subsequent pullback again highlight just how … Read more
As the week winds down, the market caps of altcoins are seeing a significant upward push, driven by an increase in transactions by whales. This week, we have seen a sharp increase in the number of transactions across differing networks that are above the $100K mark—a clear signal that high-net-worth individuals and institutional investors are … Read more