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Newswire > August, 2024
August, 2024

August, 2024

Ethereum Faces Significant Withdrawal Queue Amid Market Developments
Ethereum is currently experiencing a significant withdrawal queue, with approximately 143,000 ETH, valued at around $350 million, set to become available for withdrawal in the next 12 hours. Additiona...
Bitcoin Whale Activity Surges Amid Volatility Spike And ETF Movements
Bitcoin witnessed a notable surge in whale transactions on August 5th and 6th, marking the highest level of such activity since early April. Data shows that wallets holding between 10 and 1,000 BTC t...
XRP Soars As Market Cap Surges 23% Following U.S. Court Ruling
XRP has experienced a significant surge, with its market cap increasing by 23% in the past 24 hours. Wallets holding between 1 million and 10 million XRP on the XRP Ledger now control a record-breakin...
Binance Labs Invests In Solayer, The Fast-Rising Restaking Network On Solana
Binance Labs has announced its investment in Solayer, a rapidly growing restaking network built natively on the Solana blockchain. In just under 60 days since launching its first phase, Solayer has qu...
OKX Delists Seven Tokens, Including SLN: Smart Layer Responds With Disappointment
OKX has announced the delisting of seven tokens: MSN, OMN, REP, EURT, IGU, PCI, and SLN. Among these, SLN has been hit particularly hard, having lost over 96% of its value since its launch. Notably, s...
Whales Are Accumulating These Cryptocurrencies: What It Means For The Market
When whales—large investors with significant holdings—start investing in a particular cryptocurrency, it often signals the asset’s potential for growth. This behavior can trigger a domino effect...
Stablecoin Inflows Surge As Investors And Institutions Buy The Dip
On August 6th, the net inflow of stablecoins to exchanges soared to nearly $1 billion, marking the highest level since April 2023. This surge comes on the heels of the market downturn on August 5th, w...
$HARRIS vs. $TRUMP: Which Token Is Favored By Smart Money And Whales?
As the race between two major presidential candidates heats up, so does the battle between their respective meme tokens, $HARRIS and $TRUMP. On Polymarket, the win rate for both candidates stands at a...
Bitcoin’s Spent Output Profit Ratio shows volatility amid post-halving corrections
Onchain Highlights DEFINITION: The Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price sold ...
California’s Santa Monica city launches Bitcoin office to bolster adoption
The City of Santa Monica has officially launched a Bitcoin Office to enhance education and explore economic opportunities related to Bitcoin, further positioning itself as a leader in crypto innovatio...
Newswire > August, 2024
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