The recent volatility in the cryptocurrency market has had Bitcoin (BTC) at the heart of it all. In a saga that seemingly never gets old, Bitcoin whales — large holders of BTC — have taken advantage of the recent price drops to accumulate even more coins.
This time, however, it seems that the retail traders who typically comprise the “dumb money” end of the BTC trading spectrum are not being...
Within a mere 24 hours, Sonic has witnessed the explosive, near-10% growth of its ecosystem revenue—a continued streak of impressive growth across its decentralized ecosystem.
This dramatic uptick in revenue highlights not only the outstanding performance of Sonic’s native token, $S, but also a notable increase in the adoption and success of projects within the Sonic ecosystem. As the revenue-...
The largest automated market maker (AMM) decentralized exchange (DEX) on Ethereum Virtual Machine (EVM) chains, Uniswap, has officially launched Uniswap V4, its latest upgrade, which now operates across more than 10 chains.
Yet, Uniswap V4 might not be operating just on EVM chains. Indeed, a new report indicates that the Uniswap Foundation is exploring the possibility of deploying Uniswap V4 on...
In a strategic move that has captured the attention of both traditional finance and the cryptocurrency world, MicroStrategy, led by Michael Saylor, has moved to rebrand itself to “Strategy.”
This change marks a significant move from the company and looks to distance itself from the “Micro” part of the name, essentially allowing it to appear like a “big” player in the Bitcoin acquisition space....
A recent event that drew the eyes of the crypto community was the burning of 13.69% of the total supply of $PENGU tokens. The move saw 12,164,667,616 tokens removed from the circulating supply. Remember, token burns are pretty common in the crypto world.
They’re often seen as bullish events, where tokens are literally destroyed to reduce the supply, and hopefully, that leads to an increase in the...
In a shocking turn of events earlier today, the X (formerly Twitter) account for Jupiter Exchange was compromised, leading to a rapid and costly loss for traders who fell victim to a fake token scam.
The hack, which took place in a matter of minutes, saw unsuspecting traders rush to purchase a fraudulent token launched by the hacker. Unfortunately for many, including one user, ilydontrugme.sol,...
A group of large investors has taken the recent market dip as an opportunity to accumulate $DOGE, in what seems a bold and confident move.
This collective has purchased 750 million Dogecoin, showcasing their belief not just in the coin, but in the overall long-term potential of the cryptocurrency ecosystem. When discussing this recent activity, speculation within the crypto community often veers...
In a key advancement for the crypto sector, Swedish asset management company @VirtuneAB has brought to bear its first ETPs in the direct investment space for two major blockchain networks—Avalanche and Cardano.
This move has made the ETPs available on Nasdaq Helsinki, allowing investors in Finland to access the crypto market in a manner consistent with other investment opportunities they might...
The cryptocurrency community is all enthusiastic in light of the prospects of the payment of funds to creditors of the failed FTX exchange.
This development has brought renewed attention to the FTX Token ($FTT), with talks centering on what this upcoming payment might mean for the crypto market. The repayment, set to begin on February 18, 2025, could take a couple of months to fully process, and...
The cryptocurrency market remains in a state of heightened volatility, yet a certain token has gained a lot of attention lately: $LEDGER. Santiment has some quite interesting data regarding this trending token.
Discussions of $LEDGER on social media are occurring at an almost unprecedented rate. This is almost certainly connected to some huge news about the Ledger hardware wallet itself. It’s...