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The world of cryptocurrency moves fast, and it isn’t uncommon for tokens to make sharp upward moves followed by just-as-sharp downward corrections.
However, the recent ascent of $Jailstool—a meme coin launched by Barstool Sports founder David Portnoy—has some folks worried and others amused. The question on everyone’s mind, really, is whether $Jailstool can keep up the appearance of a real token...
Current statistics from @intotheblock have illustrated a dire situation for $ARB holders, showing that virtually none of them are in the green, with their accounts showing nearly 100% in losses, and profit taken with 0% of the positions that investors currently hold.
This is an accurate snapshot of the significant downturn that the desperately sought-after asset has apparently entered, raising...
The sector of decentralized finance (DeFi) has had an impressive boost, with cumulative DeFi revenue projected to reach $2.7 billion in 2025.
This represents a stunning 2600% increase over the revenue figure of under $100 million in April 2021. The nearly vertical growth curve seen in DeFi remains unparalleled in the history of finance, and the DeFi space may solidify its increasing impact on...
FLUID has achieved something never before seen in the world of decentralized finance (DeFi).
In its first 100 days, the project amassed $10 billion in trading volume on Ethereum—a number that has since gone up—and done so at a pace that probably no one anticipated when FLUID first launched in May 2023. Not only is FLUID the fastest to reach that milestone on Ethereum, but it also is blowing past...
Once again, the cryptocurrency trading world has displayed its volatility and unpredictability. This was shown with a notable whale investor, identified as Whale 4FhF5, taking a significant loss on their $WIF position.
The trade spotlights the risks of short-term trading in a market that can nearly instantly reverse upon receiving new information or just be kind of random.
This case highlights...
In a stunning introduction to the blockchain world, Berachain has attracted the attention of DeFi aficionados, gaining a total value locked (TVL) of $1.817 billion on its first day of operating.
This swift rise has not only established Berachain as a meaningful DeFi player but has also vaulted it into the top 10 blockchains by TVL, along with over $50 million in DEX volume.
Despite being a new...
The recent surge of the $TST token, a project of the BNB Chain team, has set the world of cryptocurrency abuzz.
In an incredible 30-minute span, the test token skyrocketed by an astonishing 4700%. For those keeping track, that marks one of the most remarkable price jumps seen in recent crypto history. And if we were to set this pitch and pace to music, it seems that “5 Seconds of Summer” would be...
In recent times, the decentralized finance (DeFi) ecosystem has experienced significant innovation, with one of the most encouraging concepts being restaking.
An emergent mechanism in the DeFi space, restaking is a capital-efficient method for user assets to natively secure multiple networks at once while simultaneously still staking on their home network and yielding returns for being staked. As...
Uniswap, the decentralized finance (DeFi) behemoth, is confronting an intricate market conundrum in which its record-smashing wins coexist with worrying, bearish-tinged signs.
On Tuesday, a jaw-dropping $25 million worth of $UNI tokens were withdrawn from exchanges, representing the largest outflow since 2021. And while this alarming move across a key governance token wasn’t mentioned by anyone...
The cryptocurrency industry offers many attractive strategies for long-term investors, including staking. Staking allows you to earn rewards while you retain ownership of your assets.
This is particularly true on Solayer, a prominent staking platform for Solana ($SOL).
Recently, Solayer experienced a surge of activity from a certain group of investors—whales—who have been directing capital into...