News

Trader Who Predicted Solana’s (SOL) Rebound After FTX Disaster Invests Heavily in Pepe Coin (PEPE) Alternative That Rallied 2000% in May

The cryptocurrency market is no stranger to dramatic rises and falls, where fortunes can change overnight. One trader, known for accurately predicting the rebound of Solana (SOL) following the FTX collapse, is now making waves again with a substantial investment in Retik Finance (RETIK), a Pepe Coin (PEPE) alternative that

June 10, 2024 4 mins read

Aave V3 Deployment on Aptos Mainnet Approved by Aave Community

Are High-Risk Loans on Aave Signaling Trouble for DeFi?

Amid a surging DeFi market, the Aave protocol is facing a significant uptick in high-risk loans, raising alarms among investors and analysts alike. According to a recent report by data analytics firm IntoTheBlock, the volume of these risky loans on Aave is nearing critical levels, with collateral values perilously close

June 10, 2024 2 mins read

Trader Who Called Pepe Coin’s (PEPE) Breakout Makes Huge Investment in Retik Finance (RETIK), Next Altcoin to Pump?

In January 2024, the cryptocurrency world witnessed a remarkable event: Pepe Coin (PEPE) traded into a resistance zone at $0.000000868. For many traders, this was just another typical day in the volatile world of altcoins. However, one astute trader noticed something different. This trader predicted that PEPE would break out

June 10, 2024 4 mins read

Analyst: Don’t Waste Your Money on Bonk (BONK) and Pepe Coin (PEPE) in June, Invest in This High-Potential Altcoin Instead

Crypto investors are constantly on the lookout for high-potential altcoins that can offer significant returns. Recently, a well-regarded crypto analyst has issued a warning against investing in meme coins like Bonk (BONK) and Pepe Coin (PEPE), suggesting instead that investors should consider Retik Finance (RETIK), a promising altcoin that has

June 10, 2024 4 mins read

Coinbase-backed Ethereum Layer-2 Network Base’s TVL Hits $8 Billion

Just days after surpassing Optimism’s OP Mainnet, the total value locked (TVL) on Ethereum’s layer-2 network Base topped $8 billion. According to L2Beat’s statistics as of June 10th, its TVL is $8.05 billion. This includes $5.92 billion in natively minted assets and $2.14 billion in canonically bridged value, which are

June 10, 2024 1 min read

Bitcoin Witnesses Decline in Average Block Size and Transaction Rates

U.S Bitcoin ETFs’ Massive Purchases Surpasses Mining Supply Ratio

In the first week of June, spot Bitcoin ETFs in the US purchased the equivalent of over two months’ worth of BTC’s mining supply. According to statistics from HODL15Capital, the 11 ETFs had inflows of almost $1.83 billion during the trading week of June 3–7, purchasing 25,729 Bitcoin — about

June 10, 2024 1 min read

Top Crypto Gainers of the Day Despite Weekend Slump

The past week in the crypto market displayed a strong performance in various cryptocurrencies like BNB, Toncoin, FLOKI, and others, soaring to new all-time highs. Further, the fear and greed index indicated high greed levels, with the largest crypto, Bitcoin (BTC), averaging over $72K in trading. However, the weekend turned

June 10, 2024 3 mins read

Court Expedites Consensys vs. SEC Case, Accelerating Regulatory Clarification

Can Bitcoin Overcome Resistance After Second Highest Weekly Close?

Bitcoin has achieved its second-highest weekly close ever, with massive ETF inflows emerging as a major bullish catalyst amidst being stuck in a bearish trap. On June 7, the Bitcoin price surged to $71,833, its highest price since May 21. However, it failed to reach the $72,000 resistance level due

June 10, 2024 2 mins read

New Report Highlights Risks in Ethereum's Upcoming Pectra Upgrade

Should Ethereum Traders Be Prepared for an Imminent Breakout?

Ethereum has been one of the most talked-about cryptocurrencies this year, especially with its roller-coaster performance and the recent ETF approval green light. Starting the year trading at $2,352, Ethereum saw a significant rise to $4,093 in March, a level not reached since 2021. However, by May 1, the price

June 10, 2024 2 mins read

Arbitrum Allocates $215 Million in ARB to Boost Gaming Ecosystem

The Ethereum rollup-based layer-2 network Arbitrum’s development team, the Arbitrum Foundation, has pledged a large portion of its resources to fostering the gaming industry’s growth inside its ecosystem. The proposition allocates 225 million Arbitrum (ARB) tokens, with a market value of around $215 million, to be dispersed over a period

June 9, 2024 2 mins read