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The crypto market is seeing a widespread downturn, with many coins experiencing significant losses. Among them, the meme coin $PEPE has notably added a zero to its value, now trading at $0.0000099. $PEPE DIPS LIKE NEVER BEFORE 😫🤔🤔🚨 BLOODY DAY Well the market is shading blood but some meme coins like Pepe have taken it … Read more
Renzo ($REZ) has hit a double bottom, facing intense liquidations since its listing. The selling pressure has driven the price down significantly. Today, a whale, likely an investor in the Renzo project, deposited 34 million $REZ (valued at $2.09 million) onto Binance. Previously, on June 27, 2024, this whale had received 50 million $REZ at … Read more
The XRP Ledger (XRPL) emerged as one of the top performers in July, buoyed by significant on-chain activity. The coin experienced a remarkable 35% monthly increase, driven by major whale transactions and robust network growth. Additionally, its social dominance has reached new heights, despite a mild retracement in its price. 📊 XRP Ledger, among one … Read more
Since June 2024, Solana’s key metrics have shown impressive growth. DeFi Total Value Locked (TVL) has surged by 20%, net inflows have increased by 126%, and non-voting transactions have risen by 21%. 🚨REPORT: @Solana’s key metrics have shown significant growth since June 2024. ▶️ DeFi TVL: increased by 20% ▶️ Net Inflows: increased by 126% … Read more
In the past 24 hours, the largest holder of $MKR has withdrawn 973 $MKR (valued at $2.76M) from Coinbase Prime. This marks the whale’s first activity in three months, drawing significant attention in the DeFi community. The whale now holds an estimated total profit of $64M (+100%) from $MKR, with a total of 45,109 $MKR … Read more
This week has seen a surge in positive commentary on Bitcoin, marking the highest level of bullish sentiment from the crypto community since mid-May. The prevailing optimism suggests that many believe a $70,000 Bitcoin price is within reach. 🗣️👍 Commentary has been leaning positive toward Bitcoin this week. In fact, this is the highest level … Read more
The number of daily active addresses on Ethereum and its leading Layer 2 solutions has skyrocketed by 127% this year. This significant increase reflects the growing user base, as the metric tracks the number of unique addresses interacting with the network. Daily active addresses on #Ethereum and leading L2s have increased by 127% this year. … Read more
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians … Read more
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy. Coinbase Publishes Q2 2024 Earnings and Shareholder … Read more
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted within five to seven years. … Read more