Author: Will Izuchukwu

Crypto, News

Surge In Stablecoin Flows Signals Market Turbulence And Potential Price Spikes

November has seen a notable uptick in stablecoin netflows into derivative exchanges, indicating that traders are preparing for leveraged positions. This shift points to a growing appetite for risk-taking in the crypto market. In November, a surge in stablecoin netflows into derivative exchanges reveals traders are gearing up for leveraged […]

Crypto, News

SunSwap Sees Renewed Activity As TRON-Based Meme Coins Gain Momentum

SunSwap, TRON’s decentralized trading protocol, is experiencing a resurgence in transaction activity. The platform first captured significant attention earlier this year, peaking in August 2024 with over 500,000 daily transactions. During that period, Wrapped TRX (WTRX) accounted for more than 250,000 transactions on several days. Recent activity suggests SunSwap is […]

Crypto, News

Bitcoin and Ethereum See Record Outflows As Whale Movements Signal Profit-Taking

This week, Bitcoin ($BTC) and Ethereum ($ETH) experienced massive outflows from exchanges, with net outflows for both exceeding $1 billion—the highest levels since May 2023. These movements indicate heightened investor activity, as traders move assets off exchanges, often a signal of long-term holding or preparation for decentralized applications. Both $BTC […]

Crypto, News

Bitcoin Breaks $90K: Market Optimism Soars Amid Institutional Accumulation And Bullish Momentum

Bitcoin has surged past $90,000, fueled by the unwavering support of long-term hodlers and growing investor confidence. Despite over a billion network addresses, only 53-55 million hold a balance, highlighting the concentration of Bitcoin ownership among dedicated investors. Bitcoin's surge past $90,000 highlights the steadfast support of dedicated hodlers. Out […]

Crypto, News

Solana DEX Trading Volume Hits Historic Highs, Outpacing Competitors In Net Flows

Solana’s decentralized exchanges (DEXs) are making waves, recording unprecedented daily trading volumes. According to DeFiLlama, Solana DEXs surpassed $5 billion in daily trading volume for three consecutive days, marking a historic first. For the week of November 10-16, these platforms achieved a staggering total trading volume of $15.898 billion. According […]

Crypto, News

XRP Surges As Whales Accumulate, Gensler Resigns, And Société Générale Embraces The XRP Ledger

XRP is gaining significant momentum, fueled by bullish market activity and major industry developments. Wallets holding at least 1 million XRP now collectively own 45.61 billion tokens, marking the highest level of accumulation since June 2018. Over the past two years, whales and sharks have reversed their previous selling trends, […]

Crypto, News

Bitcoin Hits New High As Investors Withdraw 7,500 BTC From Binance Amid Potential Market Shift

Bitcoin surged to a new peak yesterday, but investor behavior suggests a cautious tone. Over 7,500 BTC were withdrawn from Binance, marking the year’s second-largest outflow from the exchange. This significant withdrawal hints that many investors may be shifting towards long-term holdings, reflecting growing confidence in Bitcoin’s future value. Bitcoin […]

Crypto, News

Aptos Hits $1 Billion TVL And Gains 8 Million Monthly Users, Boosted By European Staking Launch

Aptos has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) and attracting over 8 million monthly active users. The blockchain platform continues to gain traction, with an impressive 75.7% of its TVL concentrated in two primary sectors: Lending & Borrowing and Liquid Staking. Aptos skyrockets to […]

Crypto, News

Ethereum Whales Stir As Large Transactions Surge And Spot ETF Sees Strong Inflows

Ethereum whales are becoming more active, with the daily number of large transactions exceeding 10,000—a level not seen since August. Ethereum whales are waking up, with the daily count of large transactions surpassing 10,000—the highest level since August. pic.twitter.com/xpnaMz5vHk — IntoTheBlock (@intotheblock) November 14, 2024 One notable whale, who acquired […]

Crypto, News

BOME Price Hits New High Since July As Top Holder Sundayfunday.sol Rebounds With $10.94M Position

The cryptocurrency BOME recently reached a new peak since July, with its top investor, sundayfunday.sol (known as @SundayFundayLFG on social media), seeing his holdings rise in value to approximately $10.94 million. Notably, sundayfunday.sol was a leading participant during BOME’s initial fundraising stage, where he invested 420 SOL, worth about $67,200 […]

Crypto, News

Zircuit Completes Fair Airdrop For $EIGEN Holders, Marking Another Milestone For The Layer-2 Platform

In early November, Layer-2 blockchain project Zircuit (@ZircuitL2) completed a fair airdrop, or “fairdrop,” for holders of the $EIGEN token. Despite its potential appeal, the event has flown under the radar. While meme coins are currently trending, now might be a good time to check if you’re eligible for some […]