Binance Burns 1.7 Billion LUNC in May, Leading the Terra Classic Revival
Binance, the leading cryptocurrency exchange, has executed its May Terra Classic (LUNC) burn, sending over 1.7 billion tokens to oblivion…
Category: Market Analysis
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Uniswap Dominates L2 Trading: 650% Volume Surge Amidst Regulatory Scrutiny
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is experiencing a surge in activity on Layer 2 (L2) solutions, showcasing…
Tether Shatters Records: $4.5 Billion Profit and $90 Billion in U.S. Treasuries
Tether, the company behind the world’s largest stablecoin, USDT, released its first-quarter 2024 attestation, revealing a record-breaking $4.52 billion net…
Real-World Asset Tokenization Explodes: TVL Nears $8 Billion as Yields Attract Investors
The tokenization of real-world assets (RWA) is experiencing a red-hot surge, with the total value locked (TVL) in the sector…
EigenLayer Hemorrhages Users: 12,412 Withdrawals in 3 Days After Airdrop Fiasco
EigenLayer, the leading Ethereum restaking protocol, has faced a wave of user withdrawals following widespread disappointment over its planned EIGEN…
Bitcoin Tumbles Ahead of FOMC Meeting, Anticipation Grips Crypto Market
The price of Bitcoin (BTC) has taken a significant dive in the lead-up to the highly anticipated U.S. Federal Open…
Crypto Crime Slump! April Sees Record-Low $25.7 Million Lost in Hacks and Scams (Down 141%)
April 2024 witnessed a significant decline in crypto-related losses from hacks and scams, marking a positive trend for the industry.…
BlackRock’s Tokenized Treasury Fund Claims Top Spot, Disrupting the $1.3 Billion Market
BlackRock, the world’s largest asset manager, has taken the lead in the burgeoning tokenized Treasury market, surpassing rival Franklin Templeton…
Runes Mania! Memecoins Drive Bitcoin Transaction Fees to Record Highs, 349,000 Holders Jump In
The recent Bitcoin halving event shared the spotlight with a much-anticipated newcomer: Runes, a new fungible token protocol that ignited…
VeChain (VET) Primed for “Galactic Thrust”: Analyst Predicts 620% Surge After Retest
VeChain (VET), a blockchain platform aiming to bridge the gap between blockchain technology and real-world supply chains, is undergoing a…