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EigenLayer ($EIGEN), a leading player in the re-staking space, was officially listed on several major centralized exchanges (CEXs) following its token unlock last night. Trading opened this morning with an initial price of $4.05 and a fully diluted valuation (FDV) of $6.8 billion. $EIGEN unlocked last night and finally went live for trading Opening this … Read more
Wrapped Bitcoin ($WBTC) continues to assert its dominance in the DeFi ecosystem, with record-breaking usage across various DeFi platforms, including lending, yield farming, decentralized exchanges (DEXs), and derivatives markets. According to data from @intotheblock, WBTC has cemented its position as a critical asset in DeFi, with lending emerging as its most prominent use case. A … Read more
Since early 2024, Bitcoin and Ethereum have experienced a decline in active addresses, a crucial metric for gauging market sentiment. For the bulls to regain control, an influx of new investors is essential. Current Market Snapshot: – Bitcoin active addresses: 1.17M (early 2024) → 855K – Ethereum active addresses: 382K (early 2024) → 312K Since … Read more
In the past 24 hours, $DEGEN has experienced an impressive 89.2% surge, making it the top token accumulated by smart money investors. The number of active $DEGEN addresses nearly doubled over the last week, reflecting a substantial increase in on-chain activity, aligned with its recent price spike. The number of active $DEGEN addresses nearly doubled … Read more
Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country where Binance has regulatory approval, positioning it as a key fintech hub. Binance … Read more
In less than two years since its Mainnet launch, Sui has achieved a remarkable milestone, reaching $1 billion in Total Value Locked (TVL) across its decentralized finance (DeFi) ecosystem. 🚨 BREAKING 🚨 Sui has achieved $ 1️⃣,0️⃣ 0️⃣ 0️⃣,0️⃣ 0️⃣ 0️⃣,0️⃣ 0️⃣ 0️⃣ in Total Value Locked in less than two years since Mainnet launch!! … Read more
The Ton blockchain witnessed an unprecedented surge in transactions last Friday, skyrocketing to a staggering 15.49 million in just 24 hours. The primary driver behind this remarkable increase? The highly anticipated release of Hamster Kombat’s token and airdrop, which sent the community into a frenzy. The @ton_blockchain witnessed an explosive rise in transactions on Friday, … Read more
In a matter of hours, several wallets have made significant gains from the token $3AC, with profits exceeding $60,000 per wallet. Many of these wallets were recently created and have already offloaded most of their holdings, capitalizing on the rapid price surge. 🚨 $3AC: Top 1 in Tokens Accumulated by Smart Money In less than … Read more
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The … Read more
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures. Instead, the funds were misappropriated and diverted … Read more