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Curve DAO Token (CRV) recovering after founder repays debt amid liquidation crisis

Curve DAO (CRV) earlier today experienced a tumultuous period marked by significant liquidations and a steep price drop. This crisis resulted from a test of Curve Finance’s soft liquidation mechanism and was exacerbated by the extra large positions held by Michael Egorov, the founder of Curve Finance, resulting in a $10M bad debt. However, recent […] дальше »

2024-6-14 23:44


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Ethereum Layer 2 Networks Sees Surge In Uniswap V2 Pools Creation, What’s Driving It?

Ethereum Layer 2 (L2) solutions are currently experiencing a significant surge in the deployment of Uniswap V2 pools, marking a notable development in the Decentralized Finance (DeFi) ecosystem. Uniswap V2 pools give users the ability to swap between ERC-20 tokens directly, and this token pool is called the Liquidity Pool. The recent wave of new […] дальше »

2024-6-13 13:00


Bitcoin Ownership Trends: Short-Term Spike As ETFs Gain Popularity – Report

The winds of change are blowing in the Bitcoin market, bringing a fresh wave of short-term traders while veteran holders remain steadfast in their convictions. A recent report by Bitfinex Alpha reveals a fascinating dichotomy in investor behavior, with new players chasing quick profits and seasoned hodlers (hold on for dear life) accumulating for the long haul. дальше »

2024-6-13 12:45


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Arbitrage Overdrive: Why Bitcoin ETFs Aren’t What They Seem, According To Expert

Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, has highlighted this trend based on data concerning these funds’ ownership and trading patterns. дальше »

2024-6-13 03:00


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Analyst Forecasts Bitcoin Heading Towards A 6-Figure Milestone

As Bitcoin continues to trend below its recent all-time high of $73,000, determining the next trajectory of the asset has been a topic of interest within the cryptocurrency space. Well-known cryptocurrency analyst and enthusiast Javon Marks has made a daring prediction that has drawn the attention of the crypto community, forecasting that the digital asset’s […] дальше »

2024-6-13 23:00


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Near Protocol (NEAR) and Dogwifhat (WIF) take massive hits, while Algotech (ALGT) soars with CEX Listing.

Near Protocol (NEAR) and Dogwifhat (WIF) Record Massive Losses, Algotech (ALGT) Stands Tall With CEX Listing No cryptocurrency has been left unscathed in the recent  market correction. Big players like Near Protocol (NEAR) and Dogwifhat (WIF) among other projects have recorded up to -10% and above losses. However, projects like […] дальше »

2024-6-13 20:02


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Is Bitcoin Overheated Right Now? This Metric Suggests No

Data of an on-chain indicator could suggest Bitcoin is currently not at a stage where its price would be at a significant risk of facing correction. Bitcoin 365-Day MA Growth Rate Is Sitting Below Historical Overheated Zone In a post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the “Growth Rate” metric for Bitcoin. дальше »

2024-6-13 20:00


Bitcoin Whales Buy While Market Panics As $950M Worth Of BTC Leaves Exchanges

On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals. Bitcoin Exchange Reserve Has Observed A Decline Recently As pointed out by analyst Ali Martinez in a post on X, exchanges have seen significant withdrawals over the last couple of days. The on-chain metric […] дальше »

2024-6-13 20:00


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Memeinator vs Dogwifhat: which meme coin is a better pick for June 2024?

A recent report by the Industrial and Commercial Bank of China (ICBC) likens Ethereum to “digital oil”. ETH is trading comfortably above the $3,500 level on Wednesday.  What ICBC report suggests about cryptocurrencies The world’s largest bank also talked of the potential of Bitcoin and its role in the rapidly evolving digital economy in the […] дальше »

2024-6-13 14:47


Ethereum Drops 5% Amidst Heavy Selling By Ethereum Foundation Wallets

Ethereum experienced a significant 5% decline today, dropping below the $3,500 mark. Recent activity from wallets linked to the Ethereum Foundation has contributed to the downward pressure on $ETH. In the past week, three wallets associated with the Ethereum Foundation have been actively selling Ethereum. Two of the foundation’s primary […] дальше »

2024-6-13 05:52


Crypto Exodus: Bitcoin, Ethereum Lead Migration From Exchanges

Retail investors in the cryptocurrency space are exhibiting signs of turning into long-term believers, with a recent exodus of Bitcoin (BTC) and Ethereum (ETH) from centralized exchanges. Latest data shows user balances for both leading cryptocurrencies have sunk to four-year lows, with analysts interpreting the move as a bullish signal for the future. As investors […] дальше »

2024-6-11 12:15