Bookmarking Crypto Insights
Auto Added by WPeMatico
Pendle, a protocol facilitating the tokenization and trading of future yield, has emerged as one of the standout projects in the cryptocurrency realm, boasting impressive returns over the last three months. With gains of 148% in the past 90 days, 137% in the last 30 days, and a notable 16% increase over the past week, … Read more
In the volatile realm of cryptocurrency, the most significant daily gainers are often those small-cap coins that experience substantial pumps. Their limited liquidity creates an environment where even slight purchasing pressure can lead to rapid, exponential gains. A prime example of this trend is #Pandora, the pioneer token utilizing the ERC404 token standard. Over the … Read more
Frax Finance, established in 2020, offers FRAX, a unique stablecoin in the crypto space, along with its governance token, Frax Shares (FXS), which accrues various revenues and collateral value. Despite reaching a peak of $42.67 in April 2022, FXS has demonstrated volatility and sensitivity to market conditions. BlockTower Capital appears to be dumping $FXS! In … Read more
Token Terminal’s latest report highlights Sui’s remarkable performance as its Total Value Locked (TVL) surpasses $418 million, securing its position among the top 10 cryptocurrencies. Within just 30 days, Sui has witnessed an impressive 86% surge in TVL, reflecting growing investor confidence and participation. The platform boasted an average of over 20,000 active users daily … Read more
The price of xMoney (formerly known as Utrust), represented by the symbol $UTK, has experienced a remarkable surge, gaining over 20% in the past 24 hours. Additionally, its 24-hour trading volume has skyrocketed by a staggering 1967%, making it the top daily gainer on Binance at the time of writing. Driving this surge is the … Read more
Bitcoin surged past the $42,000 mark yesterday, currently trading at $41,800, coinciding with the S&P 500 reaching a new All-Time High. This has sparked optimism in the crypto community, with expectations that major cryptocurrencies like Bitcoin might “regress to the mean” and align with the performance of equity markets. The cryptocurrency market has notably lagged … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, has surged past the $2250 mark, currently trading at $2266 with a 2% increase over the past 24 hours. This upward momentum comes despite recent reports indicating significant deposits by Celsius and FTX to centralized exchanges (CEXs). Spotonchain’s on-chain reports reveal that Celsius and FTX collectively transferred $59.06 … Read more
The $ILV token from Illuvium has garnered attention recently due to its projected potential for significant growth by 2024. This optimistic outlook is fueled by expectations of forthcoming announcements regarding several notable partnerships and projects. These anticipated developments are poised to enhance Illuvium’s market presence, thereby driving up the value of its native token. Illuvium’s … Read more
Today, Ethereum ($ETH), the world’s second-largest cryptocurrency, experienced a modest gain of 0.7% as it grappled with breaking out from the $2200 zone. Despite ongoing efforts, ETH continues to face resistance at this critical price level. In recent developments, Grayscale Investments’ bid to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF) was … Read more
In the dynamic world of cryptocurrencies, the spotlight often falls on small-cap stocks, known for their potential for rapid returns. While established blue-chip cryptocurrencies also present substantial upside, Wednesday witnessed remarkable gains in SatoshiVM ($SAVM), a decentralized Bitcoin ZK Rollup Layer 2 solution compatible with the Ethereum Virtual Machine (EVM) running on Bitcoin. According to … Read more
