Pudgy Penguins [PENGU] is among the trending tokens, as it has become intertwined with the NFT market. The NFT market is slightly recovering since the launch of Robinhood Chain. Notably, StonkBrokers NFT on Robinhood flipped […]
Bitcoin [BTC] has traded lower since the bears seized control in October, when its price briefly pushed past $126,000. The asset has fallen 25.98% this year, and the downtrend keeps extending. The slide has stripped […]
PayPal USD [PYUSD] continues attracting new users even though the circulating supply remains low. Santiment data shows that PYUSD recorded 863 new wallets in a single day. That was the strongest network growth since the […]
Binance Exchange has sued crypto card provider RedotPay. The exchange platform alleges that the company diverted hundreds of thousands of users in breach of their commercial agreement. According to Bloomberg, the lawsuit claims RedotPay redirected […]
Bitcoin [BTC] miners are in a tight spot as market distress deepened to levels last seen in 2019. The ripple effects could affect Bitcoin network security. According to Charles Edwards, founder of venture firm Capriole […]
Solana has kicked off August by proving why it’s one of the most efficient L1. On the fundamentals side, two major network upgrades are gaining momentum. The first is the deflationary upgrade, which has officially […]
Is institutional conviction enough for an altcoin during a risk-off market? Right now, this is the key question surrounding Hedera. From a technical lens, HBAR remains bearish after breaking below the key $0.07 support level, […]
Circle Internet Group (NYSE: CRCL) saw its shares jump by 5% during pre-market hours on Wednesday, 5th August. The stock of the USDC stablecoin issuer surged following strong profits beyond analysts’ forecasts, despite falling short […]
Bitcoin’s [BTC] long-term holders (LTH) are beginning to change their behavior. This comes after accumulating at record levels, signaling a possible shift in the current cycle. LTH supply recently turned lower after climbing toward 16 […]
Solana’s deflationary momentum just got another boost. On the 4th of August, Solana’s Resource and Inclusion Fee proposal cleared the initial voting stage. If approved, the proposal could increase daily SOL burns from 650 to […]
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