Whale deposits signaled concern as EIGEN faced a significant loss. On-chain data and liquidation heatmap suggested bearish sentiment, signaling more price drops. A recent whale deposit of 2 million Eigenlayer [EIGEN], valued at $3.18 million, into Binance has raised eyebrows in the crypto community. The whale had previously withdrawn the same amount of EIGEN for…
Journalist Posted: February 11, 2025 SOL has only seen a 10% jump in the last month, so a 22% rise from its current value might be a stretch. But can it defy mainstream expectations once again? Solana’s [SOL] stablecoin supply has soared to $12 billion, driving liquidity and keeping SOL above $200 despite market swings….
I want to introduce some of the yield chasers among my readers to the concept of total returns. The short version? Stop focusing on how much income you get from investments. The only thing that truly matters is total return—which comes from both dividends and share price appreciation. Why? Because if you maximize total returns,…
Journalist Posted: February 10, 2025 POPCAT surges 22% after Coinbase listing, fueling strong investor interest. Solana co-founder sees memecoin craze evolving into blockchain-based “tech IPOs.” After a significant downturn driven by the ongoing tariff war, the crypto market is showing signs of recovery, with the global market cap rising to $3.18 trillion—marking a 1.49% increase…
Hester Peirce is appointed as a commissioner of the SEC’s crypto enforcement unit. The SEC, under the new administration, is expected to be more accepting of crypto. In the ongoing crypto developments, reports indicate that the United States Securities and Exchange Commission (SEC) has hired over 50 lawyers and staff members for crypto enforcement actions….
The XRP Ledger faced an hour-long outage on the 5th of February. Ripple’s CTO noted that the network could have “self-healed.” Ripple’s blockchain, XRP Ledger, resumed operations after briefly going through a network outage that lasted about 64 minutes on the 5th of February. According to Ripple’s CTO, David Schwartz, the disruption was caused by…
The cryptocurrency market remained volatile, with XRP experiencing a sharp 26.14% decline in the last 24 hours. The dumping of 130 million XRP added to market uncertainty. The cryptocurrency market remains volatile, with XRP experiencing a sharp 26.14% decline in the last 24 hours. This drop aligns with significant whale activity, where over 130 million…
As Bitcoin [BTC] and other top cryptos consolidated their dominance, altcoins have been left struggling for relevance. The chart shows a steady decline in the dominance of altcoins outside the top 10 over the years. Source: TradingView This diminishing focus on smaller tokens stems from Bitcoin’s growing reputation as a “safe haven” asset and Ethereum’s…
Japan’s Metaplanet plans to acquire 21000 BTC by 2026. The firm’s share surged nearly 250% since last November. Japan’s ‘MicroStrategy,’ Metaplanet, has raised nearly $760M ( ¥118B) to fund part of its 10K BTC acquisition program for 2025. As Asia’s top Bitcoin[BTC] standard champion, the firm has borrowed from MicroStrategy’s playbook—Using debt and equity issuance…
TRON looks bearish on both price action and technical indicators. The steady ascent in active addresses and the purchases from World Liberty Financial was not enough to keep the sellers at bay. The price outlook for TRON [TRX] was bearish on the daily timeframe. Technical analysis showed momentum and buying pressure were waning. The Trump-linked…