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From January to September 2024, the total supply of stablecoins expanded significantly, increasing by 32.4%. Ethereum, which remains a key player in the space, saw its own stablecoin supply rise by 25.5%, amounting to $17.2 billion. Despite this growth, Ethereum’s dominance in the stablecoin market dropped slightly, from 51.9% to 49.1%, as the overall sector … Read more
Aerodrome Finance has made a major impact on Base, the Layer 2 Ethereum network developed by Coinbase, funneling over $1 billion into the platform. Aerodrome Finance has funneled over $1 billion into Base, a Layer 2 Ethereum network nurtured by Coinbase, claiming more than half of its $2 billion total value locked (TVL). As the … Read more
TRON has reported its highest-ever quarterly revenue, reaching $577 million in Q3 2024—a 43% increase from Q2. Justin Sun, TRON’s founder, expressed optimism that Q4 will see even greater growth. This surge places TRON well ahead of its competitors, with revenue more than twice that of Ethereum ($253 million), five times higher than Solana ($105 … Read more
Grayscale Investments, the world’s largest cryptocurrency asset manager, has introduced a new fund that offers investors exposure to Aave’s native token, $AAVE. This latest addition to Grayscale’s portfolio follows closely on the heels of the company’s recent launch of the Grayscale Avalanche Trust, which provides exposure to $AVAX. GRAYSCALE DEBUTS NEW AAVE FUND THAT GIVES … Read more
Bitcoin has experienced a significant retracement, dropping 9.2% since reaching a local high of $66,400 on September 27. This decline has dampened the enthusiasm of investors, which may be a positive signal for the market. Historically, price movements in financial markets often go in the opposite direction of prevailing sentiment, and the current cooling of … Read more
The enigmatic “7 Siblings,” a group with an estimated $2.2 billion in assets, has re-emerged, quietly accumulating a substantial amount of Ethereum during the recent market downturn. This entity purchased 28,120 ETH, worth approximately $66 million, at an average price of $2,350 in the last 15 hours. Their activity has drawn attention as they continue … Read more
The $EIGEN token is gaining attention as it sees increasing accumulation from Smart Dex Traders (SDTs) and Smart Money (SM). Currently, $EIGEN ranks #1 among tokens accumulated by Smart Money and #3 in the top tokens highlighted by SDTs for good entry points. Notably, five hours ago, the wallet 0xcfc5, associated with Robert Leshner, purchased … Read more
Recent data has unveiled the top 50 tokens most commonly held in iCrypto Whale portfolios on Ethereum each month, offering insight into which categories dominate their allocations. Analyzing these trends reveals how the investment focus of large crypto holders has shifted over time. In the early months of the year, stablecoins such as $USDT, $USDC, … Read more
After the announcement that Satoshi Nakamoto’s true identity could be unmasked next week in an HBO documentary, Polymarket bettors are buzzing with excitement, speculating who it might be. On Friday, with $190,533 wagered, Len Sassaman emerged as the frontrunner, holding a 49% likelihood. Len Sassaman Leads Polymarket Bets Ahead of HBO’s Bitcoin Mystery Documentary HBO’s … Read more
Former President Donald Trump once again affirmed his intention to commute Ross Ulbricht’s sentence, the founder of the darknet marketplace Silk Road. On Truth Social, Trump shared a post featuring Ulbricht discussing his 12th year in prison, and Trump declared in all capital letters, “I WILL SAVE ROSS ULBRICHT!” Petition for Ross Ulbricht’s Freedom Gathers … Read more