The crypto market is currently on a rebound, with several assets recording little gains in the last few hours. Conflux (CFX), one of the trendiest assets of 2023, has gained by 20.17% in the last 24 hours, emerging as the second biggest daily gainer, according to CoinMarketCap data. Prior to its price boost yesterday, Conflux…
On June 16, TUSD supply surged by 52%! The difficulties the dollar-pegged token economy was facing were recently brought to light when significant redemptions caused its market valuation to drop to a 20-month low. Binance’s dominance in TUSD holdings: Top 10 wallets control 83.31% of the circulating supply. Multiple wallets under Binance’s control: Wallets holding…
Digital Cash, popularly known as DASH, has been on a remarkable spring, reaching today’s top gainers. The cryptocurrency is on a good streak, with its value jumping by 5% in the past 24 hours. Dash Surges Over 10% In A Single Week – Price Overview The price of DASH soared by more than 10% in…
Ethereum, the second-largest blockchain by market capitalization, could be on the cusp of a significant operational shift. In the latest Ethereum core developer consensus meeting, a key agenda item under discussion was a proposed increase in the maximum validator limit. If implemented, this adjustment would see the limit skyrocket from the current 32 ETH to…
Curve DAO token (CRV) has observed a 7% bounce during the last 24 hours as mass liquidations of short traders have occurred in the market. Curve Funding Rates Turned Extremely Negative Following Price Decline According to data from the on-chain analytics firm Santiment, an extreme amount of shorts had accumulated on the cryptocurrency exchange Binance…
Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. The “social volume” here…
Over the last 24 hours, SUI has put on a tremendous rally and has risen over 15% in this time period. With this rally, the altcoin has moved once more into bullish territory, which begs the question of whether SUI would be on its way back to $1 soon. SUI Crosses $0.7 After Rising Over…
MATIC is currently facing increased uncertainty as it has been officially classified as a security by the US Securities and Exchange Commission, as revealed in the recent filing against Binance. Consequently, the Polygon blockchain token experienced a significant drop of 31% within a week, setting a new record. However, there is some positive news as…
The price of SUI has experienced a significant decline in the past week, dropping by 38.13%. In the last 24 hours alone, the price has fallen by 21.51%. However, there is a glimmer of hope as the price slightly increased by 1.53% in the past hour. Currently priced at $0.58 per SUI, the token is…
In a market heavily influenced by Bitcoin (BTC) and Ethereum (ETH), their slight price decline recently has been overshadowed by a more substantial fall in larger altcoins. Notably, Cardano (ADA), BNB (BNB), Polygon (MATIC), and Solana (SOL) have seen a more than 10% drop over the past week. This downturn traces back to regulatory actions…