Metrics including the Network Growth and exchange flow showed that the token might never hit $1. The NVT Signal increased, suggesting a possible price decrease. “It’s not going to happen.” These were the exact words of Zach Humphries, a crypto analyst, after some Shiba Inu [SHIB] predictions shpwed that the memecoin could hit $1. According […]

Yuga Labs, the entity behind the Bored Ape Yacht Club and the Otherworld metaverse, has acquired  all assets belonging to the PROOF collective, encompassing the well-known Moonbirds NFT collection. The purchase aligns with Yuga’s vision to lead web3 adoption. PROOF’s team, intellectual property, and artwork will become part of the Yuga family as part of […]

A DeFi trader’s apparent $30,000 to $1.1 million gain from trading Pandora was largely due to receiving tokens via Sablier, not just market buys. Sablier is a DeFi platform used by projects to distribute tokens on a payroll or as part of a token vesting schedule. The apparent success of a DeFi trader turning nearly […]

An analyst has explained that if history repeats for Cardano (ADA), its price could break $8. Here’s when this might happen for the asset. Cardano Has Been Mirroring Past Price Pattern Recently In a new post on X, analyst Ali has discussed a potential breakout happening in the weekly price of Cardano. ADA has appeared […]

Aptos (APT), a Layer-1 blockchain network, has shown significant growth in key metrics during the fourth quarter (Q4) of 2023, following the overall recovery of the crypto market. Furthermore, according to a recent report by Messari, Aptos experienced notable advancements in various aspects of its ecosystem. Inflation And Genesis Supply Unlocking The circulating market cap […]

On-chain data from Glassnode shows that the Bitcoin short-term holders have recently participated in a massive $647 million profit-taking event. Bitcoin Short-Term Holders Have Realized Large Net Profits Recently According to data from the on-chain analytics firm Glassnode, the short-term holders have given a strong reaction to the $52,000 break. The “short-term holders” (STHs) here […]

Avalanche (AVAX), the blockchain platform known for its scalability and infrastructure, made significant strides in the fourth quarter (Q4) of 2023. According to a report by Messari, AVAX emerged as one of the best-performing tokens, driving the protocol to record notable gains in key metrics. Record-Breaking Milestones For Avalanche  The report shows that AVAX experienced […]

This week’s headlines include Franklin Templeton’s entry into the Ether ETF race, Ripple’s new custody deal, Bakkt’s sale of securities and CoinShares’ Q4 earnings. Trillion-dollar asset manager Franklin Templeton is jumping on another crypto product, now seeking approval for a spot Ether exchange-traded fund (ETF). Akin to ARK 21Shares, Franklin wants to incorporate staking into […]

The donation went through Coinbase’s GiveCrypto initiative, which the exchange announced in December it planned to wind down. Cryptocurrency exchange Coinbase has donated $3.6 million to Brink, a nonprofit organization supporting developers for the Bitcoin (BTC) blockchain. In a Feb. 16 X post, Brink credited Coinbase CEO Brian Armstrong and the exchange’s team for donating […]

On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, […]