Tue, September 29

DeFi Frenzy Propels Mantle Token (MNT) to All-Time High

The price of Mantle token (MNT) reached a new all-time high (ATH) of $0.9493 on Monday, February 26th, marking a 20% increase. This surge coincides with the heightened activity observed on Layer-2 DeFi platforms on the Ethereum blockchain network in recent days. Ethereum’s impending Dencun upgrade, promising enhanced network security

February 26, 2024 2 mins read

Ark Invest Sells Coinbase, Nvidia, Robinhood Shares Amid Rally 

Cathie Wood’s investment management business, Ark Invest, has sold shares of Coinbase (COIN), Nvidia (NVDA), and Robinhood (HOOD). This selling pattern is happening in spite of these stocks soared to new highs after reporting better-than-expected earnings.  The firm has sold over $12 million worth of Coinbase shares, $4 million worth

February 25, 2024 2 mins read

US Stock Surge Sparks Crypto Uncertainty Amidst Fed Rate Cut Speculation 

Amidst the record-breaking performance of the S&P 500, fueled by robust corporate earnings, the US stock market surge is not just elevating investor sentiments but also triggering uncertainty in the crypto markets. As corporate earnings take the spotlight, attention is shifting towards the Federal Reserve’s future trajectory, leaving crypto enthusiasts

February 25, 2024 3 mins read

Ethereum Price Surge Linked to Anticipation of Dencun Upgrade: Grayscale

The impending Dencun upgrade, which will boost throughput and decrease the cost of certain network transactions, may have contributed to Ethereum’s recent price increase, according to asset manager Grayscale Investments. However, many market watchers are relating the rise in prices to optimism surrounding the potential approval of a spot ether

February 25, 2024 1 min read

Vitalik Buterin Warns of Risks Associated With Ethereum L2 Solutions

In a recent Twitter post, Ethereum co-founder Vitalik Buterin issued a warning about Layer 2 (Ethereum L2) solutions. Among the many dangers of Ethereum L2 deployments, Buterin stressed the possibility of permanent financial losses. The rising popularity of Layer 2 scaling options to improve Ethereum’s scalability and lower transaction costs

February 22, 2024 1 min read

Solana Consolidates Above $100: But Can SOL Go Higher?

Solana (SOL) has traded firmly over the $100 level recently but has yet to challenge its 2023 peak around $126 so far. The mixed price action has given way to a neutral consolidation pattern that has analysts split on whether an upside or downside break materializes next. Analysis of weekly

February 22, 2024 2 mins read

TRON Network Hits All-Time High in Fee Revenue

TRON’s fee revenue soared to a record-breaking $1.758 million on February 20, marking a significant milestone for the blockchain network. This significant momentum was propelled by the burning of 12,622,236 TRX tokens, a practice where transaction fees are eliminated by destroying tokens, aligning with TRON’s deflationary model. Following all-time revenue

February 22, 2024 1 min read

Investors’ Focus Shifts On AI Tokens, Here’s Why?

In the wake of heightened interest in AI and Big Data within the crypto sphere, significant traction has been observed. Over the past 24 hours, the market capitalization of AI and Big Data surged by over 9%, reaching a milestone of $25 billion. Concurrently, trading volume also experienced a notable

February 22, 2024 2 mins read

Binance Coin (BNB) Heading to $400, Will it Sustain the Uptrend?

Despite significant selling pressure over the global crypto market, Binance’s native token BNB has emerged as a standout performer, exhibiting a notable 7.50% surge over the last 24 hours accompanied by a 90% increase in trading volumes to exceed $2.62 billion. At the time of writing, Binance Coin (BNB) is

February 22, 2024 2 mins read

BlockFi Transfers $50 Million in Crypto, Including 2.4 Million Chainlink (LINK)

BlockFi reportedly transferred nearly $50 million worth of digital assets, including a sizable Chainlink (LINK) position, to leading exchange Kraken. The 2.4 million LINK tokens shifted, worth over $48.37 million, have sparked discussion around the potential price impact ahead. On-chain monitor EmberCN revealed that alongside tokens like UNI, AVAX, and

February 21, 2024 2 mins read