Decentralized application (dApp) platform Near Protocol has seen notable growth in key metrics during the first quarter of 2024 (Q1), restoring its native token NEAR to key key levels and setting the stage for a potential retest to all-time highs. The road has been opened. ATH) from January 2022. According to recent report Under Messari, NEAR has seen significant growth in market capitalization, revenue, active addresses, and Total Value Locked (TVL), establishing it as one of the top players in the cryptocurrency market.advertising NEAR surpasses Bitcoin and Ethereum In the first quarter of 2024, NEAR’s secondary market capitalization soared to…
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Memecoin, like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), was among the cryptocurrencies that underperformed the market on May 6, highlighting a departure from the momentum that drove the sector higher last week. According to data from CoinGecko, Memcoin’s overall market capitalization fell 2.7% over the past 24 hours to $55.48 billion.BONK fell the most, losing 6% of its market value over the last 24 hours. FLOKI followed, down 3.3%, and Mimecoin (MEME) took third place, down 3% over the same period.Performance of Topcap Meme Coin. Source: CoinGeckoDOGE, the leading meme token by market capitalization, fell 2.1% in price…
Whales reportedly had a field day last weekend, embezzling millions of dollars worth of digital assets from cryptocurrency exchange Binance. Lookonchain, a blockchain tracking company, said on Saturday that cryptocurrency whales were withdrew The world’s largest cryptocurrency comprised of decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token maker (MKR), and domain naming system Ethereum Name Service (ENS). It is an exchange. Volume. “Whales accumulated PEPE, LINK, UNI, MKR and ENS… 0x1A2E withdrew ₩322.48 billion ($2.78 million) of PEPE from Binance (May 4). aavebank.eth withdrew 500,000 UNI ($3.75 million), 183,799 LINK ($2.62 million),…
Bitcoin (BTC) price rose above $65,000 on May 6 as analysts argued that the post-halving “danger zone” is over and there could be more upside for BTC.Bitcoin out of “danger zone” after halving – analystBitcoin’s post-halving danger zone is the three-week period following the halving, which has historically been associated with bearish volatility occurring below the re-accumulation range.The post-halving danger zone may be over as Bitcoin rises above its current re-accumulation range of around $60,000, according to prominent cryptocurrency analyst Rekt Capital. He wrote in a May 6 post:“Temporally, the post-halving ‘danger zone’ will continue for the remainder of this…
The much-hyped airdrop being run by Ethereum re-staking protocol EigenLayer continues to spark controversy over limited eligibility to claim compensation. As a result, project founders and users across the cryptocurrency ecosystem are joining in. “The reality is that the days of life-changing airdrops are now behind us,” Leandro Schlottchauer, co-founder and CEO of smart contract developer Kuyen Labs, said in a statement. “It is now clear that airdrops or similar incentives cannot satisfy all community members,” he added. “Community members were divided on the core team’s plans, including how much to airdrop to early contributors and the limited number of…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportGrayscale’s Ethereum Trust (ETHE) stock appears to have found firmer footing as the key May deadline for applications for Ethereum spot exchange-traded funds (ETFs) in the U.S. approaches.As of Friday, Grayscale’s ETHE stock was trading at a 22% discount to the fund’s cryptocurrency holdings. Y chart. Since March 22, discounts have ranged between 21% and 26%, up from 8% at the beginning of the month.Many cryptocurrency market analysts have expressed…
Posted 1 minute ago In ~ Shares of the Bitcoin miner rose 18% on Monday, shortly after S&P Global announced it would add Marathon Digital to its small-cap index, increasing the company’s market capitalization by about $800 million, Ycharts reports. The data revealed.Marath0n Digital’s stock closed the day at $20.67, according to Yahoo Finance. The company’s market capitalization rose to $5.5 billion from $4.7 billion on Friday, according to Ycharts data.After the trading session closed on Friday, S&P Global said Marathon Digital would be added to the S&P SmallCap 600.According to S&P Global, “The index is designed to track companies…
index Investors familiar with Solana (SOL) and Bittensor (TAO) are turning their attention to new competitors in the AI cryptocurrency market.Labu (RABT).Currently in its third pre-sale phase, Raboo has already attracted significant interest, raising over $1 million with participation from over 5,000 members and over 1,800 token holders. RABT, priced at just $0.0042, is expected to surge 100x on launch day and achieve a 233% return during the pre-sale period.Let’s take a look at why analysts are optimistic about Raboo’s potential in the AI crypto landscape.brushThe price of rises as new consolidation is promised. growthSolana’s price analysis shows an upward…
The stablecoin market cap increased by 4.76% to $158 billion. DAI Increases Ethereum Stablecoin Trading Volume Despite the broader cryptocurrency market experiencing a recent downturn, Ethereum (ETH) has shown resilience not only in market performance but also in the stablecoin sector. In recent weeks, Bitcoin has risen slightly, while Ethereum has also risen slightly. In particular, Ethereum saw a significant surge in stablecoin trading volume, mainly driven by DAI, a decentralized stablecoin. This surge highlights the growing reliance on stablecoins during periods of market volatility. April was a record-breaking month for Ethereum stablecoin transactions, surpassing all previous records. The total…
Today we double down on our European expansion strategy by announcing a new strategic partnership that will allow us to actively enhance our product offering in Germany, a key market for European cryptocurrency adoption. From about July 10, 2024, we expect to provide German customers with access to a variety of innovative cryptocurrency products through a dedicated service provided by DLT Finance. DLT Finance is a brand of DLT Securities GmbH and DLT Custody GmbH, leading BaFin licensed cryptocurrency service providers providing digital asset prime brokerage and cryptocurrency custody services. Once the partnership goes live, DLT Finance will provide localized…