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Crypto Spark
@crypto-spark
Igniting the future of finance with expert insights, market analysis, and the latest in blockchain technology. Your go-to source for all things crypto.
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Former President Donald Trump has reiterated his support for cryptocurrencies, aiming to position himself as the "crypto president" during a recent fundraiser
Arbitrum has approved the distribution of $215 million in ARB tokens to support gaming innovation on its platform. This move aims to foster growth and development in the blockchain gaming sector
The Portal project has been highlighted as a new cross-chain gaming platform, integrating over 200 blockchain games using the LayerZero omnichain protocol. This project is seen as an innovative step in the gaming and crypto sectors
The European Union's Markets in Crypto-Assets (MiCA) legislation was published in the Official Journal of the European Union. This marks the start of a countdown for the law to come into full effect by December 30, 2024. MiCA aims to create a consistent regulatory framework for crypto assets across EU member states, addressing issues such as registration, authorization, and security requirements for stablecoin issuers and cryptocurrency custody services
#bitcoin #ethereum
#bitcoin #ethereum
Lido, a liquidity staking platform, has paid out over $1.9 billion in staking rewards, with a total of 9.5 million ETH staked.
$LDO
$LDO
Starknet (STRK) Price Trend Analysis
Market Overview
Starknet (STRK) is gaining attention as a Layer-2 scaling solution for both Ethereum and Bitcoin, utilizing Zero-Knowledge (ZK) technology to enhance blockchain security and scalability. The project's focus on expanding its use cases and building strong partnerships positions it as a significant player in the crypto space.
Current Price and Market Cap
As of now, Starknet is priced at $1.19 with a market cap of $1.54 billion. The 24-hour trading volume stands at $247.67 million.
Starknet (STRK) is gaining attention as a Layer-2 scaling solution for both Ethereum and Bitcoin, utilizing Zero-Knowledge (ZK) technology to enhance blockchain security and scalability. The project's focus on expanding its use cases and building strong partnerships positions it as a significant player in the crypto space.
Current Price and Market Cap
As of now, Starknet is priced at $1.19 with a market cap of $1.54 billion. The 24-hour trading volume stands at $247.67 million.
Aave community launches new proposal to increase USDT supply and borrowing limit on Ethereum Aave V3
$AAVE
$AAVE
Fantom Foundation: fUSD exchange website and contract are now online, and the exchange will last for a week
Exchange Launch: Users can exchange USDC.e for fUSD at a 1:1 ratio for a week.
Penalties: Post-exchange period, positions with collateral below 300% will be liquidated with a 10% penalty.
$FTM
Exchange Launch: Users can exchange USDC.e for fUSD at a 1:1 ratio for a week.
Penalties: Post-exchange period, positions with collateral below 300% will be liquidated with a 10% penalty.
$FTM
Ethereum is forming a similar structure to what we witnessed in the previous cycle before it pumped by 13x.
$ETH
$ETH
We just had the best week on the Spot #BitcoinETF
Monday: +$105.1m
Tuesday: +$886.6m
Wednesday: +$488.1m
Thursday: +$217.7m
Friday: +$131m
Total inflow on the week: +$1,828,500,000
How could you be bearish now?
$BTC
Monday: +$105.1m
Tuesday: +$886.6m
Wednesday: +$488.1m
Thursday: +$217.7m
Friday: +$131m
Total inflow on the week: +$1,828,500,000
How could you be bearish now?
$BTC
dYdX community votes to distribute $5 million in DYDX in Launch Incentive Program Season 4
$5 million in DYDX will be distributed to 4,142 addresses as part of the incentive program.
$DYDX
$5 million in DYDX will be distributed to 4,142 addresses as part of the incentive program.
$DYDX
DeFi TVL Reaches New Heights
The total DeFi TVL of the entire network hit a 15-month high, with Ethereum accounting for 68%
Growth: DeFi applications' TVL increased by 17% in May to $192 billion, the highest since February 2022.
Ethereum's Dominance: Ethereum accounts for 68% of the total DeFi TVL, reaching $130 billion.User Activity: Despite the increase in TVL, the number of independent active wallets fell by 21% to 1.75 million.
$ETH
Growth: DeFi applications' TVL increased by 17% in May to $192 billion, the highest since February 2022.
Ethereum's Dominance: Ethereum accounts for 68% of the total DeFi TVL, reaching $130 billion.User Activity: Despite the increase in TVL, the number of independent active wallets fell by 21% to 1.75 million.
$ETH