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Despite declarations from Ethereum influencers that Runes are dead, recent reports indicate a different story. According to data released yesterday, the Runes Protocol has accounted for 69.1% of all Bitcoin transactions over the past 24 hours. This marks a significant shift in the landscape of Bitcoin transactions, highlighting the growing influence of the Runes Protocol. … Read more
The crypto fundraising landscape in Q2 2024 saw remarkable activity, with 521 projects successfully raising over $3.563 billion. This represents an increase from the previous quarter’s 469 projects, highlighting growing investor interest. Notably, 141 projects did not disclose their raised amounts. Top Fundraisers and Sector Breakdown The Infrastructure sector led in both total funds raised … Read more
In a significant move earlier today, a Uniswap team/investor/advisor address transferred 1.19 million $UNI tokens, valued at $9.62 million, to Coinbase Prime. This follows a trend over the past nine days, during which the same address transferred a total of 3.55 million $UNI, worth approximately $29.82 million, to the same platform. The address originally received … Read more
Despite a mild recovery to end the week, Bitcoin’s recent dip contrasts sharply with the continued flourishing of the S&P 500 and equities. For the past three years, Bitcoin and broader crypto markets have often surged in tandem with traditional equities. The current lag suggests Bitcoin might be poised for an eventual bullish catch-up period. … Read more
According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie’s Tron and Zilliqa trusts, was reportedly concluded before Abra reached a settlement with state regulators. Valkyrie Sells Several Crypto Trusts to Abra At the end of June, Abra resolved licensing … Read more
On-chain reports from Lookonchain have revealed a significant movement of Ether.fi tokens. A wallet linked to the Ether.fi team deposited 880,000 $ETHFI, valued at approximately $1.87 million, to Binance today. This development has drawn attention due to the substantial amount involved and its potential implications. Three months ago, this wallet received a hefty 10 million … Read more
$PIRATE, one of the best-performing gaming coins recently, continues to make waves in the Web 3 gaming space. After the successful launch of its PIRATE token, Pirate Nation is poised to expand further by adding support for more blockchain networks to accommodate its growing player base. $PIRATE leading the way in Web 3 gaming One … Read more
Litecoin, often dubbed the silver to Bitcoin’s gold, is witnessing a substantial surge in high-value transactions, processing an average of $2.85 billion daily in transactions over $100,000. This figure represents more than 50% of Litecoin’s market capitalization, underscoring significant whale activity within its network. In comparison, Dogecoin, despite having roughly three times the market cap … Read more
Bitcoin transaction fees have seen a notable decline this week, dropping by 18% compared to the previous week’s 27% decrease. This marks the lowest weekly fee levels since November 2023, providing relief to users conducting transactions on the network. Total Bitcoin fees have decreased by 18% this week, following a 27% drop from the previous … Read more
In recent crypto markets, Machi Big Brother has emerged as a prominent figure with significant transactions involving BLUR tokens on Binance. Over the past 24 hours, Machi Big Brother deposited the remaining 5 million BLUR tokens, valued at $816,000, into Binance. This adds to a series of deposits totaling 18.4 million BLUR across 7 transactions … Read more