Polkadot Faces Criticism Over High Spending And Limited Returns In H1 2024

Polkadot’s financial report for the first half of 2024 revealed expenditures of $87 million (11 million DOTs), with $37 million dedicated to marketing efforts. This substantial spending has drawn criticism from the community, who argue that the returns have not justified the costs. At the current rate of expenditure, Polkadot’s funds are projected to last … Read more

Pendle Experiences Significant TVL Drop Amidst Market Expirations And End Of Renzo’s Points Program

Pendle, a prominent DeFi protocol, has seen a dramatic 40% decline in its total locked value (TVL) over the past week. Since Wednesday, users have withdrawn nearly $3 billion, reflecting a noticeable decrease in interest in restaking airdrops. This decline is further compounded by the imminent conclusion of Renzo’s points program at the end of … Read more

Coinbase Prepares To List $LINK Contracts Amid Growing Institutional Interest

Coinbase, the largest cryptocurrency exchange in the United States, has reportedly submitted filings to the Commodity Futures Trading Commission (CFTC) to list $LINK contracts under a self-certification model. This move signifies a significant step for the exchange, with the launch scheduled for July 15. Coinbase, the largest cryptocurrency exchange in the United States, submitted filings … Read more

Bitcoin Activity Surges As Retail Investors Return

Bitcoin activity is on the rise, with the number of active BTC addresses surpassing 900,000 yesterday, reaching levels not seen since mid-April. This peak is part of a broader trend, with activity steadily increasing since early June. Bitcoin activity is on the rise! The number of active $BTC addresses crossed 900k yesterday, hitting levels not … Read more

$CRV Attracts Smart Money As Trading Activity Surges

$CRV has emerged as a focal point for smart traders, currently positioned strategically within the market’s entry zone. It has garnered significant attention, securing a top-three spot in the “Accumulated by Smart Money” list over the past 24 hours, earning it the coveted “Gem of SDT” label. Several notable wallet addresses have contributed to this … Read more

Toncoin Surpasses Dogecoin To Become The 8th Largest Cryptocurrency

In the past week, whale investors have bought over 45 million Toncoin (TON), amounting to roughly $346.5 million in value. This surge in purchases has propelled Toncoin’s market capitalization beyond $18.8 billion, enabling it to surpass Dogecoin (DOGE) and secure its place as the 8th largest cryptocurrency globally. 🚨 BREAKING: In the previous week, whales … Read more

$TRUMP Token Faces Downtrend Amidst Whale Activity and Debate Day Impact

$TRUMP, also known as MAGA Memecoin, has entered a downtrend channel as its price saw a decline following the recent debate day. Traders are describing this situation as the accumulation phase, where investors are strategically gathering assets at lower prices. $TRUMP @MAGAMemecoin is in the downtrend channel, but it’ll get of this soon.July could be … Read more

Significant STRK Transfers: Multi-Sig Wallet Activity Linked To Starknet

In the past 24 hours, a multi-sig wallet (0x22c), potentially associated with Starknet, transferred 2.5 million STRK tokens (approximately $1.74 million) to Binance, FlowTraders, and a new wallet (0x750). This follows a recent transaction in which the wallet received 5 million STRK tokens from Starknet’s team. Shortly after, 750,000 STRK were transferred to Wintermute. Within … Read more

$TRUTH Rises To Top Spot With $11.2M Inflow As Prominent Investors Jump In

$TRUTH has climbed to the top of the Hot Pairs list, boasting an inflow of $11.2 million. This surge in interest has attracted significant attention from influential investors. Meme Hunter 0x1df6 recently added $TRUTH to his investment portfolio. Just hours ago, this wallet purchased 211,000 $TRUTH tokens for $6,176 at a price of $0.03055 per … Read more

Whale Converts $PEPE To $ETH Amid Positive SEC Developments For Ethereum Spot ETF

In recent activity, the whale identified as 0x837 has made significant moves in the cryptocurrency market. Two days ago, he deposited his last 300 billion $PEPE tokens, valued at approximately $3.85 million, into Binance. This whale has since converted all his $PEPE holdings into $ETH. Just three hours ago, he withdrew 1,728 $ETH, worth about … Read more