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The $BAN token, associated with the Comedian token project, has recently exemplified the extreme price volatility so common in the cryptocurrency world. In the last 12 hours, $BAN has soared from $0.10 to a high of $0.25, only to crash back down and lose over 50% of its value in the last hour. This sudden … Read more
Circle, the issuer of the widely used USDC stablecoin, has continued its aggressive expansion on the Solana blockchain by minting an additional $250 million worth of USDC. This recent mint marks a significant milestone, bringing the total amount of USDC minted on Solana over the past seven days to an impressive $1 billion. Circle’s strategy … Read more
A newly formed wallet, named “0x3ac,” has been making waves in the world of cryptocurrency by spending a stunning $49.5 million worth of DAI to buy a hulking 17,695 ETH. The buying spree, which took place just a little over an hour ago, has sent shockwaves through the industry. It’s rumored to be connected to … Read more
Following a recent security breach, Bybit, one of the top cryptocurrency exchanges, has provided an official update regarding the hack that saw a significant amount of Ether (ETH) taken from its platform. The exchange’s CEO, Ben Zhou, has confirmed that all Ether losses have been covered and that funds taken by the hacker are in … Read more
The overall cryptocurrency market keeps being rocked by the recent Bybit debacle, with sharp drops hitting a number of coins. Solana has absorbed one of the heaviest hits in the hacking aftermath. Investigations into the incident have uncovered that the stolen funds were bridged to our beloved blockchain and that concerns have arisen about possible … Read more
Ethereum’s micro-outlook remains bearish but the price has continued to contract daily as it eyes a key level for a retest. It will likely resume bearish pressure once a rejection occurs – down 5% since yesterday. Since Ethereum made a sharp rejection from around $2,120 earlier this month, the market has remained uninteresting due to … Read more
Bitcoin’s recent surge was short-lived as the $100k mark continued to pose a threat, suppressing further buying phase. While gathering liquidity, it may lose momentum if this mark level continues to hold as resistance. Last week, Bitcoin attempted a bullish move after a slight break from a two-week consolidation phase. The move was quickly stopped … Read more
The cryptocurrency world is ever-changing, and fresh tokens regularly arrive to capture investors’ and traders’ attention. One recent token that has been making a stir is $KAITO, thanks to its arrangements for market making and the debates around its airdrop. Wintermute, a major player in the industry, has been ensuring that $KAITO has the necessary … Read more
Here in the realm of cryptocurrency, large investors—affectionately dubbed “whales“—can and do exert the power to sway the market in either direction. When a whale decides to either buy or sell not just a few but many thousands of a certain token, the price will respond in either an up or down motion with varying … Read more
Chun Wang, a well-known personality in the cryptocurrency community who co-founded two major mining pools, F2Pool and Stakefish, has kept on offloading large amounts of Lido DAO tokens (LDO). Just now, Wang sold another 300,000 LDO tokens for 517,926 USDT, at a price of $1.726 per token. This sale is part of an ongoing, larger … Read more
