A newly created wallet has caught the attention of the crypto traders after making a sizable bearish bet on the market through Hyperliquid. As per the data, wallet address 0xaeaa deposited 6.68 million USDC and used the capital to open multiple 20x-leveraged short positions in 3 of the largest tokens
Zcash (ZEC) is attempting to escape the bearish barrier, displaying a bullish trait on the chart. Over the last 24 hours, the asset has registered a 4.82% gain in value. In the morning hours, it traded at $444.72, and with the bullish shift in the ZEC market, the price has
With the fear sentiment hovering across the crypto market, both red and green charts are built within. Meanwhile, the meme coin market cap is settled at $29.8 billion. Among the tokens, Dogecoin (DOGE) has marked a spike of over 2.18% in the last 24 hours. It is currently trading at
Pi Network has issued a reminder to all Mainnet Node operators who have not yet upgraded to Protocol v25. Most operators have already completed the update, and those still running older versions are encouraged to upgrade as soon as possible to fully sync with the network. Zooming in on the
The broader market sentiment has fallen into the extreme fear zone, with the Fear and Greed Index reading settled at 19. The majority of the digital assets are charted in red, likely pulling the price down. In the altcoin market, Solana (SOL) has posted a loss of 3.87% over the
Avalanche Payments Collective was launched yesterday. Founding participants include Franklin Templeton, VanEck, Paxos, Agora, Ethena, Rain, and others spanning the payments stack. The Collective brings together companies spanning stablecoins, treasury infrastructure, foreign exchange, custody, card issuance, asset management, and global payouts. Moreover, the future of payments requires more than faster
The overall market cap is holding at $2.2 trillion, with the majority of the assets facing a tide of red. The market has yet to fully recover from the recent downtrend. Although recovery efforts are ongoing, momentum is not picking up sufficiently to escape the prevailing fear and cautious sentiment.
The broader crypto market sentiment is in the fear zone, with the Fear and Greed Index value settled at 21. All the major digital assets are charted in red. Among them, Pudgy Penguins (PENGU) have recorded a loss of 5.96% in value, as per CMC data. The asset’s lowest and
Whale activity on the Ethereum network has seen a sharp decline, with large transactions dropping from 2,194 on June 5 to 294, marking an 86.6% decrease. Large transaction counts are used as a proxy for institutional and high-net-worth investor activity, making the sudden slowdown a notable development for the market.
After being silent for about a week, wallet 0x6436 has returned and is grabbing another large chunk of HYPE tokens. The wallet withdrew 88,350 HYPE, or about $6.41 million, from exchanges in the most recent action, increasing its total accumulation to 1.23 million HYPE, or about $85.34 million. When the
