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Litecoin Activity Surges Despite Stable Prices, Outpacing Ethereum In Address Activity

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Despite Litecoin’s price remaining relatively stable over the past 30 days, data from Lookonchain reveals a significant spike in activity. Yesterday, the number of active Litecoin addresses soared by 75%, reaching its highest level since January and surpassing Ethereum by over 100,000 active addresses. https://x.com/intotheblock/status/1799006336451244319?t=6uowNSmKiFD9rhWCBOrNzw&s=19 In addition to this surge in address activity, the number … Read more

$ALICE Token Surges 71% Amid Market Enthusiasm And Strategic Moves

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The value of $ALICE has surged by over 71% in the past seven days, breaking through previous resistance levels with impressive “god candles” that reflect the token’s growing strength.  This bullish momentum has seen $ALICE surpass the $2 mark, suggesting a potential rally towards $4 if it maintains this level. Despite this robust performance, $ALICE … Read more

Speculative Activity Resurges In Bitcoin Market

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After months of stagnation and sideways price movement, Bitcoin is starting to show signs of speculative activity once again. This renewed interest comes on the heels of a false alarm concerning the distribution of Mt. Gox supply, providing a useful lens for analyzing market reactions using on-chain data. After months of apathy and sideways price … Read more

$GME Token On Solana Surges Over 300% Following @TheRoaringKitty’s Post

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The price of $GME on Solana has skyrocketed by more than 300% after a recent post by @TheRoaringKitty, a prominent figure in the GameStop trading community.  This surge in price has triggered the limit order of a savvy trader, who sold 3.5 million $GME for 260 $SOL, valued at approximately $43,000, at a price of … Read more

Bitcoin’s Resurgence Mirrors Historical Bull Market Trends

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After enduring its deepest correction since the FTX lows, with a decline of 20.3%, Bitcoin has rebounded, reaching $71,000 on May 20, 2024. This remarkable recovery places Bitcoin near its all-time high and showcases a pattern reminiscent of the 2015-2017 bull market. The pattern closely aligns with that of the previous bull market, highlighting a historical … Read more

HashKey’s Profitable PENDLE Trades: A Detailed Analysis

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HashKey has recently deposited all 624,804 PENDLE tokens, worth $4.28 million, to Binance at a price of $6.765 per token. This move contributed to a 5% decline in PENDLE’s price over the past 24 hours.  This latest transaction marks the conclusion of HashKey’s third PENDLE trade, netting them a massive profit of $7.21 million, reflecting … Read more

SUI Launches Global Hackathon As TVL Surpasses $1 Billion

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SUI has kicked off its first-ever global Hackathon, a move that’s poised to positively impact both its price and the projects within its ecosystem. Historically, blockchain incentives like these tend to boost market sentiment and project development, and SUI appears to be following this trend. #SUI has launched their first Hackathon, globally! Every time a … Read more

Stablecoin Wallets On The Rise Amid Market Uncertainty

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Amid concerns of another potential crypto market retrace, there is a comforting trend: the number of non-empty stablecoin wallets is on the rise. In 2024 alone, USDCoin (USDC) non-empty wallets have grown by 13.9%, while Tether (USDT) wallets have seen a 15.7% increase. 💸 Concerned about another #crypto market retrace? You may be comforted by … Read more

Ethena’s ENA Token Shows Promise Despite Recent Volatility

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Ethena’s ENA token has experienced a dynamic week, rising 19% over the past seven days. However, recent market movements have seen GSR Markets, a key market maker for ENA, deposit 5.5 million ENA tokens worth $4.84 million into Gate.  This action coincided with a 5.4% drop in ENA’s price over the past 24 hours and … Read more