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The markets for cryptocurrency are well-known for their extreme volatility. For the past several months, traders have been navigating a sea of uncertainty, often succumbing to scams and rug pulls. Some even say that these market conditions amount to an extended bear market. Yet, through it all, some savvy (and lucky) investors have managed to … 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
A significant entity in the cryptocurrency sector, recognized by the wallet address “inveteratus.eth,” has taken another big step by divesting itself of all 1,230 Maker (MKR) tokens for what amounts to 1.781 million USDC. This transaction, which wrapped up less than four hours ago, marks the second successful Redwood MKR trade for this whale in … Read more
Although Litecoin (LTC) has frequently been eclipsed by other cryptocurrencies like XRP, Solana, Chainlink, and Cardano when it comes to the amount of social media buzz and popular attention, the digital asset has been enjoying something of a quiet renaissance lately, with its price rising sharply in the past couple of weeks. From February 2 … Read more
Following back-to-back price reductions in the past months, WIF lost its spot as the leading Solana-based meme coin and dipped to a year low. It bounced back slightly from the low and now brews for a recovery. Last week, WIF found solid ground as it tested the $0.55 level after posting significant losses in the … Read more
A well-known quantitative investment firm, Manifold Trading, has recently been under scrutiny for its enormous holding in the $OM token—a position acquired back in November 2023. The token’s price has recently experienced a sharp upswing, meaning that if Manifold were to sell its $OM tokens now, it would realize some staggering profits that have raised … Read more
The blockchain platform Sei Network, which initially captured interest for its focus on NFTs and decentralized finance (DeFi), has in recent times experienced a huge swing toward gaming. The network’s burgeoning popularity and utility have been underscored by two significant developments in the market that could be seen as signs of the growing appeal of … Read more
One of the leading blockchain platforms, Solana (SOL), is currently undergoing a significant series of events that are shaping the token’s trajectory. Recently, Solana has overhauled its fee distribution system and witnessed some large Solana token (SOL) movements that have entered and destabilized a volatile Solana price (USD). So what’s happening? And as retail and … Read more
In the blockchain and cryptocurrency realm, market trends regularly shift, with some tokens and networks seeing sharp, upward movements while others plummet. Recently, however, a number of assets across the crypto space have started sinking lower and lower. But Layer 1 blockchains like Ethereum, Avalanche, and Litecoin have managed to keep their heads above the … Read more
The cryptocurrency community is paying close attention to a prominent whale address, 0x413, which has deposited 2.6 million LDO tokens (worth roughly $4.51 million) into Binance. The address had been inactive for over a year, with no notable transactions for months preceding this event. The sudden appearance of such a large transfer, especially as it … Read more
