Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply. EigenLayer Sets September 2024 Deadline The protocol’s announcement on Friday revealed that “Season 1” commences with 6.05% of the total supply, which users can claim starting on May 10. Moreover, “Season…
Although Ethereum (ETH) is still up approximately 80% over the past three months, the second-largest cryptocurrency by market cap appears to have lost its momentum lately, down 0.6% over the past month. Binance Ethereum Trading In Neutral Zone According to a CryptoQuant Quicktake post by contributor Arab Chain, Ethereum trading on Binance during September 2025…
Even as the FTX-induced downward market continues, Polygon (MATIC) is closely following in the footsteps of its older relative ETH. Despite the bears’ dominance this year, many in the cryptocurrency industry see 2023 as the final chapter following a period of uncertainty. A quick rundown of MATIC:– MATIC down at $0.843512– TradingShot analysts show that…
SBI Remit, a Japanese money transfer company, is teaming up with a venture-backed firm to use its new treasury management service that uses the blockchain for increased transparency and liquidity to small and medium-sized businesses operating between Japan and Africa. SBI Remit and BitPesa The service is provided by BitPesa, which has raised $10 million to…
Russia has seemingly turned to cryptocurrency since the West decided to ‘punish’ the nation for its invasion of Ukraine. A list of sanctions had been imposed upon the country by the United States and the EU which worked to essentially cut Russia off from world traders. However, with the rise in popularity of crypto, it…
Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
In a recent report by Messari, the analysis sheds light on the developments and challenges faced by Binance Chain (BNB), the blockchain created by Binance, the world’s largest cryptocurrency exchange regarding trading volume. The report highlights the separation of BNB Chain from Binance and various events and allegations that have impacted Binance and its associated…
Bitcoin, the largest cryptocurrency in the market appeared to have regained its bullish momentum after taking a liquidity hit of $25,000 in long positions last week. As of June 20th, Bitcoin is trading at $27,800, reflecting a 4% surge in just 24 hours. This recent development has led many experts to believe that the newly…
The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, is based on an anime avatar non-fungible token (NFT) collection. In just 24 hours, the value of Milady’s LADYS coin surged by an astonishing 5,250%…
While Bitcoin (BTC) has declined more than 13% from its fresh all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is confident that there is a 55% chance that the BTC top for this market cycle is not in yet. Bitcoin Top Not In Yet – More Upside Ahead?…