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Former President Donald Trump reached a new high on the predictions market Polymarket on Monday rising to 62.6% while his competitor Vice President Kamala Harris now stands with a 37.5% lead. The news follows Trump joining the team at a McDonald’s in Feasterville-Trevose, Bucks County, Pennsylvania. Trump’s Strong Lead Surges Ahead of Harris as Election … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical levels in El Salvador, and smart contracts achieve legal status in Argentina. Brazil Pushes BRICS to Shift From … Read more
The Ethereum-based memecoin $PEPE is showing signs of an imminent breakout, with projections setting its sights on a market cap of $25 billion in the next bullish wave. Traders are closely watching the token, as momentum builds for another significant upward move. Over the past eight days, a notable trader known as 304.eth has been … Read more
HTX (@HTX_Global) has successfully completed its third-quarter token burn for 2024, eliminating 15.81 trillion $HTX tokens, valued at $21.25 million. This burn, conducted just two days ago, marks a continued effort by the platform to enhance the token’s value through strategic supply reduction. Since March 2024, when HTX initiated its liquidity donation and burn program, … Read more
BlockTower Capital has recently made another significant withdrawal, pulling 372,578 EIGEN tokens (worth $1.18 million) from FalconX. Over the past seven days, the venture capital firm has accumulated a total of 1.026 million EIGEN tokens ($3.57 million) from Wintermute Trading and FalconX, with an average purchase price of $3.482. However, the firm currently faces an … Read more
As Bitcoin gears up to possibly achieve a new all-time high (ATH) by the end of the year, the anticipated bull run seems to be on the horizon. However, altcoin season has yet to kick off. In light of the current surge in interest surrounding artificial intelligence (AI) tokens, we’ve analyzed key on-chain data and … Read more
As the crypto landscape continues to evolve, the restaking ecosystem, led by EigenLayer, is capturing significant attention. As of October 16, 2024, the Total Value Locked (TVL) in the restaking market reached $11.4 billion, reflecting strong community engagement and an effective design aimed at improving crypto-economic security. Short-Term Fluctuations Amid Long-Term Growth Although the market … Read more
The Optimism Superchain has been buzzing with excitement following the recent announcement of Uniswap’s Unichain integration. Many investors are eyeing bullish opportunities for $OP, yet nearly 50% of its holders are still in a loss position. Despite this, the optimism surrounding the ecosystem remains high. Optimism’s Superchain is buzzing after Uniswap’s Unichain news. Many see … Read more
A new cryptocurrency project named Frogs ($FROGS) has captured the attention of investors with an astonishing surge of 1080%, propelling its market capitalization to over $12 million within a short period. A new group of frogs is drawing the attention of investors. Frogs ( $FROGS) has currently surged by 1080%, with a market capitalization exceeding … Read more
The percentage of Bitcoin supply held by addresses that bought within the last 12 months has reached its highest point in two years, signaling renewed interest from newer investors. This surge has been driven in part by a significant inflow of capital into Bitcoin exchange-traded funds (ETFs). According to data from @intotheblock, Bitcoin ETFs saw … Read more