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TRONDAO’s Q2 2024 financial report reveals significant growth across several key metrics, highlighting the platform’s expanding influence in the crypto space. TRON’s fees and revenue surged by $21.3 million compared to the previous quarter, reflecting a more than 52% year-over-year increase. This financial boost underscores the growing adoption and usage of the TRON network. The … Read more
The crypto industry experienced significant growth in Q2 2024, with over 10 million unique active wallets (UAW) created between April and June, marking a 40% increase from the same period last year, according to DappRadar. This surge in UAWs was observed across all industry segments, with SocialFi leading the charge. The rise of SocialFi highlights … Read more
Despite the current turbulent market conditions, the Solana-based memecoin $BILLY has shown impressive resilience, achieving a new all-time high (ATH) at $0.1715. This marks a significant 38% increase in just 24 hours, highlighting its robust performance amidst broader market uncertainty. According to on-chain reports, a notable whale has been actively investing in $BILLY over the … Read more
Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October. According to Chung, BCH will hurt the most with this selloff, given its weaker investor … Read more
Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by Inflows From Major Exchanges This movement, along with transactions involving large bitcoin wallets like those of the German … Read more
In a significant move, address 0x64C…cA655 received 70 million $GMT tokens, valued at $10.23 million, just 20 minutes ago. This address is believed to belong to an early investor or participant in the $GMT project. Seven months prior, this same address received 100 million $GMT, worth $28.01 million, from the same sender. Notably, all of … Read more
As of July 1, 2024, data from @IntotheBlock reveals that $GMX is leading the Total Value Locked (TVL) category among derivative protocols with an impressive $517.97 million. Following $GMX, Synthetix holds $453.80 million, and dYdX comes in third with $308.82 million in TVL. Emerging protocols are also showing significant growth. Vertex Protocol boasts a TVL … Read more
The Aero Protocol token ($AERO) is leading the pack in the Base Ecosystem with an impressive 106,972 unique holders as of July 2, 2024, showcasing its widespread popularity and growth. This marks a significant increase from 87,503 holders on June 11, 2024, indicating a surge in interest and positive market sentiment. https://twitter.com/C__thumbs/status/1808531996634689844?t=KbLnPq1mQzImRhcoZdS2wg&s=19 The spike in … Read more
Bitcoin has recently fallen to a low of $56.7K, while Ethereum has dropped to $3.1K, prompting many traders to see this as a “buy the dip” opportunity. However, the best strategy might be to wait until the initial rush subsides. The ideal time to buy is when the market sentiment shifts to impatience and skepticism. … Read more
A significant transfer was observed today from a Uniswap-related wallet, which moved 2.359 million UNI tokens, worth approximately $20.2 million, to Coinbase Prime. This transaction has garnered attention, particularly given the current market conditions. Out of the transferred amount, 2.338 million UNI, valued at about $19.9 million, has been absorbed by 12 different wallets. This … Read more