Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Litecoin Whales Go On $230 Million Buying Spree: Will This Change LTC’s Stars?
On-chain data shows the Litecoin whales have gone on a $230 million buying spree recently, which could bring bullish winds for the coin. Litecoin Whales Have Been Making Net Inflows To Their Wallets Recently According to data from the market intelligence platform IntoTheBlock, the Litecoin whales have received large net inflows in their addresses over the past month or so. The on-chain indicator relevant here is the “Large Holders Netflow,” which tracks the net amount of Bitcoin entering into or…
1 year ago
Uniswap Founder Urges Biden To Change His Anti-Crypto Stance
Uniswap founder Hayden Adams has urged President Joe Biden to change his stance on crypto, adding that the anti-crypto stance of the Democrats could hurt the industry. He also pointed out the contrasting stances of the US presidential election candidates, hinting that his current view on crypto could lead to a potential loss in the elections. Biden Urged To Change Stance On Crypto Adams’ made the comments in a recent post on social media platform X, expressing alarm at President…
1 year ago
Change Of Heart: Crypto Scammer Returns $34.7 Million To Victim’s Address
A week ago, a crypto whale fell victim to a scam that resulted in the loss of over $71 million. In the following days, the scammer moved the funds to veil them. But in a shocking turn of events, they returned the funds to the victim. Address Poisoning Scam Snatches $71 Million On May 3, whale 0x1E22…8FD5 lost 1,155 Wrapped Bitcoin (WBTC), worth around $71.31 million, after falling victim to an address poisoning scam. This scam, also known as address…
1 year ago
These 2024 Trends Could Change the Cryptocurrency Market Forever!
In a rapidly evolving investment climate, the present surge in cryptocurrency interest has marked 2024 as a pivotal year. New patterns are emerging that promise to reshape the industry in lasting ways. This article delves into the influential forces and developments currently shaping the market, offering insights into what could set the course for the future of cryptocurrencies. The information presented is crucial for anyone looking to navigate the thriving crypto sphere effectively. BlastUP Presale Ends in Few Weeks, Last…
1 year ago
VeChain’s Applications Set to Change the World for Good: VeBetterDAO, VeWorld, Mugshot, Cleanify, Vyvo, and More – Can VET Price Hit $0.05?
VeChain is rewarding its ecosystem for using some of the most popular apps and making their contribution to its sustainability drive through VeBetterDAO. Users get rewarded for cleaning their environments through Cleanify, audio streaming through NFB Club, health management through Vyvo and more. The VeChain ecosystem has grown rapidly in recent years, and the blockchain network is now rewarding these users for interacting with some of the most popular applications and playing a part in its sustainability drive. VeChain announced…
1 year ago
Turn Crypto Chump Change into a Fortune with These Altcoins
In the realm of cryptocurrency, small investments can sometimes lead to significant rewards. With the bull run of 2024 unfolding, savvy selections in the sea of alternative cryptocurrencies can be transformative for one's financial future. This article explores these alternatives, offering insights into how modest sums could potentially evolve into considerable wealth. CYBRO Presale: Meet the First-Ever Earn Marketplace on Blast CYBRO introduces a unified marketplace for consistent crypto earnings, utilizing the Blast blockchain's innovation. Launching in Q2 2024, the…
1 year ago
Biden, Scholz, and Macron Can Learn: El Salvador Holds Steady on Bitcoin, Refuses to Change BTC Law for a $1.4B Credit from IMF
The International Monetary Fund wants El Salvador to change its Bitcoin laws. A loan of $1.4 billion is on the line, stirring a dicey situation for the Caribbean nation. El Salvador known for its unwavering stance on Bitcoin (BTC) has maintained its crypto policies, refusing to amend the Bitcoin law in exchange for a $1.4 billion credit from the International Monetary Fund. This decision from El Salvador has raised discussions on lessons for Joe Biden, Olaf Scholz, and Emmanuel Macron…
1 year ago
Pac Finance Sudden Parameter Change Sparks $24 Million Liquidation
Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, not protocol parameter changes. Pac Finance LTV Change Leads to Liquidation Pac Finance is a platform where crypto holders can earn interest by lending their assets. The app implements a…
1 year ago
Crypto Bull Run Is Far From Over – The Second Phase Will Change Everything
Despite a mixed start in 2024, the crypto industry's growth shows no signs of slowing down. Many believe that a second, more impactful wave of advancement is on the horizon. This next phase promises to redefine the market and present fresh opportunities for investors and enthusiasts alike. The article ahead explores why this bull market may still have plenty of fuel left, suggesting exciting times ahead for the crypto sector. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is…
1 year ago