ENA soared 14% today, reaching $0.6435 and outperforming many market peers. The token’s market cap stands at $1.82 billion, reflecting a 10.68% increase in the past 24 hours. Arthur Hayes, Co-Founder of BitMEX and CIO, has significantly increased his position in Ethena (ENA). His latest crypto portfolio reveals a balance
Solana (SOL) has captured the attention of the cryptocurrency market, soaring to an all-time high of $265 on November 23, 2024. This surge comes amid a broader bullish trend in the market, driven by Bitcoin‘s ascent towards $100,000. Notably, in the past month, Solana-based tokens have seen remarkable gains, with
Ethereum co-founder Vitalik Buterin has once again demonstrated his commitment to advancing the cryptocurrency ecosystem. On November 27, blockchain analytics firm Lookonchain reported that Buterin sold several memecoins sent to his wallet, receiving 22.89 ETH in return, valued at approximately $76,500. According to Arkham Intelligence, these tokens were transferred to
Stellar (XLM) recently captured market attention with a dramatic 90% weekly surge and has encountered a significant downturn. The cryptocurrency plummeted 13% in the past 24 hours, with an 18% drop in trading volume. This sharp correction comes just days after XLM reached a peak of $0.6376, trading now at
With investors’ optimism rekindled by the US election and expectations of clearer regulations around digital assets, native tokens from several decentralized finance protocols have seen increases above 50% in November. The charts are returning to levels last seen in 2021 thanks to November’s advances. The total value locked on DeFi
Arbitrum (ARB) has been making headlines with its recent price action, trading at $0.899 after a minor decline of 0.70% in intraday movements. Earlier, ARB hit a six-month high of $0.9521, reflecting its resilience amidst broader market pullbacks. Over the past month, the token has rallied by an impressive 71%,
Pump.fun’s livestream feature has caused major controversy and is the target of criticism. The platform allows users to quickly create meme coins. The feature has been called for removal because of its abuse for extreme content and financial fraud, despite its original intent of helping developers market their ideas. Things
With a number of important events planned, including the FOMC Minutes, the US PCE inflation, and the Q3 GDP (first revision) data, the cryptocurrency market is about to enter a pivotal week. Furthermore, market players’ anxieties have been heightened by the cryptocurrency market’s expiration. For background, investors are waiting to
A recent phishing attack on the Solana blockchain has led to the theft of 7 million PYTH tokens, valued at approximately $2.9 million. PeckShield, a blockchain security firm, identified the incident as a “zero-transfer poisoning attack.” The stolen tokens were swapped for 11,000 SOL before being consolidated into another wallet.
The crypto market decided to take a downturn over the weekend after Friday’s price action. Leading cryptocurrency Bitcoin went on to take a brief pause from its upward rally and is currently trading at the $97K level. Subsequently, the altcoins sector also dropped modestly while also attempting to pause the
