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News
Robinhood Chain Overtakes Ethereum In Daily App Revenue, Ranking Second Behind Solana
1+ week, 6+ day ago (225+ words) Robinhood Chain, the blockchain network associated with the trading platform, has surged to second place in daily application revenue among all blockchains, posting $2.66 million in a single day. According to data from DefiLlama, cited by CoinDesk, this figure is roughly…...
Tom Lee Reaffirms $150K Bitcoin Target, Says Fundamentals 'Strong"
1+ week, 6+ day ago (196+ words) Fundstrat Global Advisors co-founder Tom Lee has reiterated his bullish stance on Bitcoin, predicting the cryptocurrency will reach $150,000 this year. Speaking on CNBC, Lee said the market’s fundamentals remain strong, adding that the current rally may be “just the beginning....
Bitcoin, Ethereum, Ripple Price Analysis: BTC Pauses, ETH Faces $2,500 Hurdle, XRP Holds Key Support
2+ week, 6+ hour ago (574+ words) Bitcoin’s price momentum has stalled as of this writing, while Ethereum faces a critical resistance level at $2,500, and Ripple’s XRP is holding onto a key support at the 200-day exponential moving average (EMA). These technical levels are pivotal for the…...
Whale Moves $108M In Ethereum To Major Exchanges, Sparking Sell-Off Speculation
2+ week, 8+ hour ago (400+ words) An unidentified Ethereum whale transferred 43,880 ETH, valued at approximately $108.04 million, to several major cryptocurrency exchanges within the past 24 hours. The deposits were distributed across Binance, OKX, Bybit, Kraken, and Gate, according to data from the on-chain tracking platform Onchain Lens....
Jeffrey Huang Takes $12.1M 40x Leveraged BTC Long, Data Shows
2+ week, 8+ hour ago (416+ words) Taiwanese singer and entrepreneur Jeffrey Huang, widely known as Machi Big Brother in the crypto community, has opened a 40x leveraged long position on Bitcoin, according to data from Hyperbot. The position amounts to 155 BTC, valued at approximately $12.08 million, with an…...
Crypto Futures Liquidations Surpass $105 Million In One Hour As Market Volatility Intensifies
2+ week, 9+ hour ago (269+ words) The cryptocurrency market witnessed a sharp uptick in volatility over the past hour, with over $105 million in leveraged futures positions liquidated across major exchanges. This rapid deleveraging event brings the total liquidations over the last 24 hours to approximately $296 million, according…...
Spot Ethereum ETFs Extend Inflow Streak To 10 Sessions With $102.1M Added
2+ week, 2+ day ago (250+ words) U.S. spot Ethereum exchange-traded funds (ETFs) recorded $102.1 million in net inflows on Aug. 28, extending their streak of positive flows to a 10th consecutive trading day, according to data from Farside Investors. The sustained accumulation underscores growing institutional interest in ether exposure through…...
Dormant Bitcoin Activity Hits Lowest Level Since Q3 2022, Galaxy Research Says
2+ week, 1+ day ago (394+ words) Bitcoin World Dormant Bitcoin Activity Hits Lowest Level Since Q3 2022, Galaxy Research Says On-chain data reveals that dormant Bitcoin activity has fallen to its lowest level since the third quarter of 2022, according to a recent report from Galaxy Research. The decline…...
Ethereum Supply Rises By 20,125 ETH In A Week, Breaking Post-Merge Trend
2+ week, 2+ day ago (444+ words) Ether’s total supply has increased by more than 20,125 ETH over the past seven days, according to data cited by Cointelegraph. This marks a notable shift from the deflationary trend observed after the Merge, raising questions about network activity and market…...
Crypto Futures See $275M In Liquidations As Longs Bear The Brunt
2+ week, 2+ day ago (447+ words) The cryptocurrency derivatives market witnessed a significant purge over the past 24 hours, with total liquidation volumes across major perpetual futures reaching approximately $275 million. The majority of these liquidations hit long positions, indicating a sharp price reversal that caught many traders…...