Axie Infinity Sees Altcoin Movement: CEO’s Wallet Transfers $AXS To Binance

The cryptocurrency community has been abuzz with discussions surrounding a significant movement of $AXS, the native token of Axie Infinity, originating from the wallet of Simon Kim, CEO of Hashed, a prominent bitcoin venture fund.  The transaction involved the transfer of 455,831 AXS ($3.23 million) to Binance at a rate of $7.08. On-chain activity data […]

MANTRA DAO’s $OM Token Surges, Proposals Drive Investor Interest

MANTRA DAO’s native token, $OM, is making waves as the top daily gainer on leading cryptocurrency exchange Binance, sparking widespread discussion with the hashtag #OMonBinance trending across social media platforms. In recent months, $OM has experienced significant bullish momentum, showcasing remarkable gains across various timeframes. The token has witnessed a staggering 248% surge in its […]

Sandbox $SAND Struggles To Rebound Amid Lack Of Buying Volume

The Sandbox cryptocurrency, currently ranked 63rd, faces significant challenges in its attempt to rebound, with a loss of 16% over the past 30 days and struggles to gain traction in the past 24 hours due to a lack of buying volume. On-chain data has revealed that four wallets associated with The Sandbox Game recently deposited […]

Chainlink $LINK, ImmutableX $IMX, And Pyth $PYTH Experience Significant Market Cap Growth

Chainlink, ImmutableX, and Pyth have all witnessed remarkable growth in market capitalization over the past week, with Chainlink surging by 34%, ImmutableX by 23%, and Pyth by 26%.  The mainstream discussion surrounding these assets suggests that fear of missing out (FOMO) may drive high volatility in their prices. #Chainlink (+34%), #ImmutableX (+23%), and #Pyth (+26%) […]

This Week in Coins: Entire Crypto Market Ends the Week Strong After Rocky Week

Illustration by Mitchell Preffer for Decrypt. Markets are ending the week strong after a rocky week of gains and losses. The price of Bitcoin is now $43,139, according to CoinGecko. That’s a seven-day rise of 3%. All eyes were on the biggest digital asset by market and what it would do before, during, and after […]

Ripple Locks 800 Million XRP In Escrow Amid Surge In Whale Activity

The cryptocurrency community was abuzz with speculation on Thursday as Ripple, the 6th largest cryptocurrency by market capitalization, made headlines.  Two significant whale transactions and the locking of 800 million XRP in escrow by Ripple captured the attention of crypto enthusiasts worldwide. According to data from the blockchain tracker Whale Alert, a staggering 867.6 million […]

Total Value Locked in the Decentralized Finance Sector Surges in January to Highest Point Since 2022: DappRadar

Crypto intelligence platform DappRadar says the total value locked (TVL) in the decentralized finance (DeFi) sector surged to a level not seen in over a year. DappRadar notes in a new analysis that total DeFi TVL increased by 7% in January and reached $110 billion, the highest since 2022. TVL refers to the amount of […]

Bitcoin: Why miners continue to get rid of their BTC

The Bitcoin Miner reserve has declined to its lowest level since 2021.

Bitcoin, Ethereum End the Week Strong After Rocky Start

Illustration by Mitchell Preffer for Decrypt. Markets are ending the week strong after a rocky week of gains and losses. The price of Bitcoin is now $43,139, according to CoinGecko. That’s a seven-day rise of 3%. All eyes were on the biggest digital asset by market and what it would do before, during, and after […]

Chainlink LINK Surges As Dormant Wallets Come Alive

Chainlink has surged ahead of other altcoins, propelled by a sudden spike in Age Consumed, indicating previously dormant wallets springing to life.  This influx of Chainlink back into circulation has likely boosted its price, coupled with minor liquidations that often accompany Fear, Uncertainty, and Doubt (FUD), contributing to further price rises. 🔗📈 #Chainlink has jumped […]