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Coinbase’s Base Leads the Charge in Layer 2 Ecosystems: a Year of Remarkable Growth
Coinbase’s Layer 2 solution, Base, has emerged as a dominant force in the crypto space, outperforming all other Layer 2 networks across crucial metrics like Total Value Locked (TVL), transaction volume, transaction count, and active users.
Starting 2024 with approximately $180 million in decentralized exchange (DEX) volume, Base has experienced exponential growth, reaching an astounding $13 billion by the year’s end. This surge has placed it among the top Layer 2s, only behind Ethereum and Sola
Starting 2024 with approximately $180 million in decentralized exchange (DEX) volume, Base has experienced exponential growth, reaching an astounding $13 billion by the year’s end. This surge has placed it among the top Layer 2s, only behind Ethereum and Sola
Ethereum Whales Accumulate Over $1 Billion Amid Market Rebound
Ethereum whales are back in action, taking advantage of the market’s recent dip to make significant purchases. Over the last 96 hours, whales have accumulated 340,000 ETH, worth over $1 billion.
Ethereum fees have declined by 80% in ETH terms over the past three years, leading to less ETH being burnt pic.twitter.com/vGQuq1YDdC
— IntoTheBlock (@intotheblock) December 20, 2024
In addition, 10 new wallets withdrew a total of 17,698 ETH (approximately $61.66 million) from Binance following the ma
Ethereum fees have declined by 80% in ETH terms over the past three years, leading to less ETH being burnt pic.twitter.com/vGQuq1YDdC
— IntoTheBlock (@intotheblock) December 20, 2024
In addition, 10 new wallets withdrew a total of 17,698 ETH (approximately $61.66 million) from Binance following the ma
Stablecoin Supply Hits $202 Billion: a New Record in the Crypto Market
The total supply of stablecoins has reached an all-time high of $202 billion, marking a significant milestone in the cryptocurrency market.
Despite the Federal Reserve maintaining a delicate balance between dovish actions and hawkish rhetoric, the market has found its footing, with stablecoins playing a pivotal role in this stabilization.
A closer look at the stablecoin market shows that the top five stablecoins dominate nearly 99% of the total supply. Among them, Tether (USDT) leads the pack
Despite the Federal Reserve maintaining a delicate balance between dovish actions and hawkish rhetoric, the market has found its footing, with stablecoins playing a pivotal role in this stabilization.
A closer look at the stablecoin market shows that the top five stablecoins dominate nearly 99% of the total supply. Among them, Tether (USDT) leads the pack
2024: the Year of Bitcoin Dominance and Market Psychology
2024 has firmly established itself as the year of Bitcoin dominance. The leading cryptocurrency has outperformed the broader market, demonstrating resilience both during rallies and corrections, solidifying its position as the cornerstone of the crypto space.
2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest of the market; both on the way up and during corrections this year. pic.twitter.com/oLoOjmCfKs
— IntoTheBlock (@intotheblock
2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest of the market; both on the way up and during corrections this year. pic.twitter.com/oLoOjmCfKs
— IntoTheBlock (@intotheblock
Core Chain: Revolutionizing Bitcoin-Based Decentralized Finance
Core Chain is setting a new benchmark in Bitcoin-based finance, with over 6,700 BTC already staked.
By leveraging its innovative Satoshi Plus Consensus model, Core Chain is emerging as a leader in decentralized finance (DeFi).
Why $CORE Stands Out
Core Chain offers compelling incentives for BTC holders. Users can stake their BTC to earn $CORE tokens with impressive yields. Dual staking, which combines $BTC and $CORE, provides an additional boost to rewards, making it an attractive option for
By leveraging its innovative Satoshi Plus Consensus model, Core Chain is emerging as a leader in decentralized finance (DeFi).
Why $CORE Stands Out
Core Chain offers compelling incentives for BTC holders. Users can stake their BTC to earn $CORE tokens with impressive yields. Dual staking, which combines $BTC and $CORE, provides an additional boost to rewards, making it an attractive option for
Hyperliquid Sets Records As HYPE Token Enters Crypto’s Top 20
Last weekend marked a historic day for Hyperliquid as its trading volume for perpetual contracts soared to $11.5 billion, accompanied by a staggering $1.32 billion in liquidations—both setting new all-time highs.
Despite the market turbulence, Hyperliquid’s native token, HYPE, demonstrated remarkable resilience. The token rebounded swiftly after the market dip, briefly surpassing $33 to reach a new all-time high.
The Assistance Fund currently holds approximately 11.234 million HYPE tokens, val
Despite the market turbulence, Hyperliquid’s native token, HYPE, demonstrated remarkable resilience. The token rebounded swiftly after the market dip, briefly surpassing $33 to reach a new all-time high.
The Assistance Fund currently holds approximately 11.234 million HYPE tokens, val
Whales Double Down on PEPE: Big Bets Signal Renewed Optimism
Since December, five major investors, often referred to as whales, have been making bold moves on $PEPE, a prominent memecoin.
Here’s a breakdown of their strategic plays:
1️⃣ A whale who previously bought $PEPE at low prices and sold high, netting a profit of $6.24 million, re-entered the market on December 21. They acquired 250 billion $PEPE at an average cost of $0.00001697.
2️⃣ The wallet address 0x53A…63F4A made its first $PEPE purchase on December 16, buying 230.1 billion tokens at $0.0
Here’s a breakdown of their strategic plays:
1️⃣ A whale who previously bought $PEPE at low prices and sold high, netting a profit of $6.24 million, re-entered the market on December 21. They acquired 250 billion $PEPE at an average cost of $0.00001697.
2️⃣ The wallet address 0x53A…63F4A made its first $PEPE purchase on December 16, buying 230.1 billion tokens at $0.0
Altcoin and Memecoin Holders Ride the Same Rollercoaster As $FARTCOIN Faces Turbulence
Altcoin and memecoin enthusiasts continue to navigate the volatile market together, with the latest example being $FARTCOIN’s dramatic rise and fall.
A prominent whale, operating under the alias sbfonchain.sol, made a bold move between December 19 and 20, investing $3.63 million to acquire 3.25 million $FARTCOIN tokens. The purchase was made at an average price of $1.1162 per token.
However, this hefty investment has since encountered significant challenges, with the position now suffering a
A prominent whale, operating under the alias sbfonchain.sol, made a bold move between December 19 and 20, investing $3.63 million to acquire 3.25 million $FARTCOIN tokens. The purchase was made at an average price of $1.1162 per token.
However, this hefty investment has since encountered significant challenges, with the position now suffering a
Cryptos Rebound After Market Turmoil: Are Better Days Ahead?
After yesterday’s sharp market-wide selloff, cryptocurrencies are attempting to recover from the damage. Many tokens are seeing impressive gains, with some climbing over 15% as investors regain confidence.
In the altcoin market, $LUNC is making steady progress, currently trading above $0.000115 and showing potential for further growth. Meanwhile, memecoins are outperforming, showcasing strong upward momentum. $PENGU has surged nearly 20%, while $BONK has climbed over 20%. Other popular memeco
In the altcoin market, $LUNC is making steady progress, currently trading above $0.000115 and showing potential for further growth. Meanwhile, memecoins are outperforming, showcasing strong upward momentum. $PENGU has surged nearly 20%, while $BONK has climbed over 20%. Other popular memeco
Whales Scoop Up 80 Million XRP Amid Price Correction: What’s Next for Ripple?
Since December 17, crypto whales have accumulated a staggering 80 million XRP, signaling heightened interest in the asset during its recent price correction.
With $20.50 million in short positions set to be liquidated if XRP climbs to $2.62, the stakes are higher than ever.
Currently, the $2.20 price level serves as a key support. If XRP manages to stay above it, consolidation may occur before attempting to break the critical $2.70 resistance. However, a dip below $2.20 could push prices towar
With $20.50 million in short positions set to be liquidated if XRP climbs to $2.62, the stakes are higher than ever.
Currently, the $2.20 price level serves as a key support. If XRP manages to stay above it, consolidation may occur before attempting to break the critical $2.70 resistance. However, a dip below $2.20 could push prices towar
$PENGU Drops 52% Post-Airdrop: What Are Top Claimants Doing With Their Tokens?
The price of $PENGU has plummeted by over 50% from its all-time high (ATH) in the past 19 hours following the highly anticipated airdrop.
This sharp decline has left many wondering how the top 11 $PENGU airdrop claimants are managing their tokens amid the selloff.
A total of 991.36 million $PENGU tokens, valued at $68.4 million at their peak, were claimed during the airdrop. Of this, 351 million $PENGU (worth $10.7 million) have already been sold, representing 35.4% of the claimed amount. The
This sharp decline has left many wondering how the top 11 $PENGU airdrop claimants are managing their tokens amid the selloff.
A total of 991.36 million $PENGU tokens, valued at $68.4 million at their peak, were claimed during the airdrop. Of this, 351 million $PENGU (worth $10.7 million) have already been sold, representing 35.4% of the claimed amount. The
Ethereum Shows Strong Conviction As Long-Term Holders Ramp Up Accumulation
Long-term holders of Ethereum (ETH) have demonstrated unwavering conviction in 2024, with their collective holdings steadily increasing.
Currently, around 110 million ETH is held by these long-term investors, marking a significant rise in their stake over the past two years.
Social sentiment surrounding Ethereum has turned notably negative, reaching its lowest point since December 18, 2023—traditionally seen as a bullish signal. In fact, Ethereum surged by 30% in price when sentiment was at it
Currently, around 110 million ETH is held by these long-term investors, marking a significant rise in their stake over the past two years.
Social sentiment surrounding Ethereum has turned notably negative, reaching its lowest point since December 18, 2023—traditionally seen as a bullish signal. In fact, Ethereum surged by 30% in price when sentiment was at it
Bitcoin Surges Past $100K: Whales and ETFs Drive Market Momentum
Bitcoin continues to trade above the critical $100,000 price level, bolstered by steady capital inflows. Long-term holders are seizing the opportunity to capitalize on this liquidity, realizing record profits of $2.1 billion and distributing supply at scale.
#Bitcoin continues trading above the psychologically important $100k price level, supported by a consistent inflow of capital.
Long-Term Holders are capitalizing on this liquidity, taking the opportunity to distribute supply at scale, se
#Bitcoin continues trading above the psychologically important $100k price level, supported by a consistent inflow of capital.
Long-Term Holders are capitalizing on this liquidity, taking the opportunity to distribute supply at scale, se
Tether Powers Market Momentum As MiCA Deadline Approaches
Tether has been a driving force in the ongoing crypto bull rally, with an average of $40 million USDT moving onto exchanges daily over the past eight weeks.
This consistent influx of stablecoin liquidity, often referred to as “dry powder,” has played a key role in fueling historic market pumps and maintaining momentum as the final stretch of 2024 unfolds.
💸 Among traceable wallets, there is a net average of ~$40M Tether per day moving on to exchanges over the past 8 weeks. Helping to fuel thi
This consistent influx of stablecoin liquidity, often referred to as “dry powder,” has played a key role in fueling historic market pumps and maintaining momentum as the final stretch of 2024 unfolds.
💸 Among traceable wallets, there is a net average of ~$40M Tether per day moving on to exchanges over the past 8 weeks. Helping to fuel thi
Crypto Trends: Pudgy Penguins, Ripple’s RLUSD, and Bitcoin’s Record-Breaking Rally
The crypto space is abuzz with significant developments across NFTs, stablecoins, and Bitcoin’s historic performance.
Here’s a closer look at the top trending topics shaping the market this week.
Pudgy Penguins and the Rise of $PENGU
The Pudgy Penguin NFT project continues to captivate the market with the launch of its native token, $PENGU. Recently listed on major exchanges such as OKX and Binance, $PENGU has sparked excitement with its active trading and community engagement. Discussions ar
Here’s a closer look at the top trending topics shaping the market this week.
Pudgy Penguins and the Rise of $PENGU
The Pudgy Penguin NFT project continues to captivate the market with the launch of its native token, $PENGU. Recently listed on major exchanges such as OKX and Binance, $PENGU has sparked excitement with its active trading and community engagement. Discussions ar
Whale Loses $612K in Ninth PEPE Trading Cycle Despite $2.42M Gains in Earlier Waves
A whale known for trading PEPE tokens recently ended the ninth wave of their trading strategy with a significant loss of $612,000.
Over the past three days, the whale accumulated 360.7 billion PEPE tokens (valued at approximately $8.49 million) at an average price of $0.00002353. However, after PEPE’s market price dropped nearly 10% today, they sold all their holdings at $0.00002184, incurring a loss of 7.2%.
https://twitter.com/ai_9684xtpa/status/1869369048099868760
This marks the latest cha
Over the past three days, the whale accumulated 360.7 billion PEPE tokens (valued at approximately $8.49 million) at an average price of $0.00002353. However, after PEPE’s market price dropped nearly 10% today, they sold all their holdings at $0.00002184, incurring a loss of 7.2%.
https://twitter.com/ai_9684xtpa/status/1869369048099868760
This marks the latest cha
Chainlink’s Build and Scale Programs Shine in 2024 As Whale Activity Sparks Market Buzz
2024 has been a transformative year for Chainlink, with remarkable strides made through its Build and Scale programs.
Both initiatives have fostered growth, collaboration, and innovation within the Chainlink ecosystem, attracting developers and projects from across the blockchain industry.
Scale Program Milestones
The Scale program has expanded significantly this year, with 16 blockchain networks now participating and over 4,000 developers leveraging Chainlink’s technology. The program has
Both initiatives have fostered growth, collaboration, and innovation within the Chainlink ecosystem, attracting developers and projects from across the blockchain industry.
Scale Program Milestones
The Scale program has expanded significantly this year, with 16 blockchain networks now participating and over 4,000 developers leveraging Chainlink’s technology. The program has
Institutions Deposit $UNI Into Exchanges As Dormant Wallets Wake Up
Institutional activity surrounding Uniswap’s $UNI token has surged over the past two days, with significant deposits being made to major exchanges.
This trend highlights growing movement in the $UNI market, including transactions from high-value wallets and previously dormant accounts.
One notable transaction came from a whale address, “0x59a,” with a portfolio valued at $89.4 million. This wallet transferred 1.495 million $UNI (worth $24.3 million) to Binance just an hour ago. The move secure
This trend highlights growing movement in the $UNI market, including transactions from high-value wallets and previously dormant accounts.
One notable transaction came from a whale address, “0x59a,” with a portfolio valued at $89.4 million. This wallet transferred 1.495 million $UNI (worth $24.3 million) to Binance just an hour ago. The move secure
Blur NFT Marketplace Sees 5X Surge in Trading Volume
The NFT market is heating up, and Blur is taking the spotlight with an impressive 5x increase in trading volume.
As activity surges, many are wondering whether this could ignite a rally for the platform’s native token, $BLUR.
🔥 Blur NFT Market Trading Volume Surges 5X!
The #NFT market is heating up, and Blur is leading the charge with a 5x surge in trading volume. Will this spark a rally for $BLUR? 🚀
Bullish or bearish on NFTs? Can $BLUR sustain this momentum, or is it just a temporary spi
As activity surges, many are wondering whether this could ignite a rally for the platform’s native token, $BLUR.
🔥 Blur NFT Market Trading Volume Surges 5X!
The #NFT market is heating up, and Blur is leading the charge with a 5x surge in trading volume. Will this spark a rally for $BLUR? 🚀
Bullish or bearish on NFTs? Can $BLUR sustain this momentum, or is it just a temporary spi
Tron Whales Strengthen Dominance As Accumulation Intensifies
Tron continues to see increased whale activity, with one prominent whale completing over 1 million transactions. On-chain data reveals that whale dominance in Tron has reached 68.41%, a significant jump from 56% in January 2024.
Over the course of the year, whales have expanded their share of the total supply by 16%, now controlling nearly two-thirds of Tron’s circulating supply. In contrast, individual investors’ holdings have dropped from 32% to 23%, underscoring the growing influence of whal
Over the course of the year, whales have expanded their share of the total supply by 16%, now controlling nearly two-thirds of Tron’s circulating supply. In contrast, individual investors’ holdings have dropped from 32% to 23%, underscoring the growing influence of whal