Crypto News Center

Animoca Brands Withdraws $4.95 Million In $SAND From Binance Amid Market Fluctuations

Animoca Brands, the developer behind The Sandbox, has recently withdrawn $20 million worth of $SAND tokens from Binance, amounting to approximately $4.95 million. This transaction occurred in two separate batches, with the first withdrawal taking place around 17 hours ago. Subsequently, the tokens were transferred to a new address, 0x3Ac…a9192, five hours later. This address now holds a total of 25 million $SAND tokens, valued at about $6.16 million. However,...

Binance Recovered $73 Million in Stolen Funds, Up 33% from 2023

Binance, the world’s largest crypto exchange by trading volume, announced that its security team has recovered or frozen over $73 million in user funds from external hacks as of July 31 this year. This amount surpasses the $55 million secured during all of 2023. $73M Stolen Funds Recovered by Binance According to Binance’s press release, about 80% of these recoveries and freezes are related to hacks, exploits, and thefts happening...

Dow Jones Industrial Average treads water on quiet Monday

The Dow Jones marked out familiar territory near 44,500. Equity traders were pushed into a cautious stance after a policy pivot from China. Investors will get a breather from high impact data until midweek CPI inflation figures. The Dow Jones Industrial Average (DJIA) churned near 44,600 as equities kick off the new trading week on a quiet note. Markets bucked early Monday after China announced its first official monetary policy...

Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem

TLDR Ethereum’s median gas price has hit a 5-year low, dropping to 1.9 gwei on August 10, with low-priority transactions costing around 1 gwei or lower. The decrease in gas fees is attributed to increased activity on layer-2 networks and the implementation of the Dencun upgrade in March. The low fees have led to concerns about Ethereum’s deflationary narrative, as fewer ETH are being burned while more are being issued....

Speculative traders dominate Ethereum market – Bullish or bearish for ETH?

contributor Posted: November 20, 2024 Share this article Ethereum reserves on derivative exchanges have surged to the highest level in more than a year as speculative activity rises. Rising open interest also suggests traders are increasingly betting on Ethereum’s future price moves. Ethereum [ETH] has struggled to keep up with the performance of Bitcoin [BTC] and other top altcoins because, in the last seven days, it has dropped by 6%...

XRP vs Solana vs Cardano vs JetBolt: Which top altcoin will lead the 2024 Bull Run?

XRP, Solana (SOL), Cardano (ADA), and young altcoin JetBolt (JBOLT) have emerged as the strongest contenders for the altcoins that will lead the 2024 bull run. XRP smashed the $1 mark and briefly peaked at $1.63 last week while Solana zoomed past its $260 all-time high (ATH) price during the same period. Cardano surged by 170% in November while new altcoin JetBolt has soared to a whopping 100 million tokens...

S.Korea’s Crypto ETF Ban Reevaluation: 61% Trade Volume Surge Red Flags

You are here: Home / News / S.Korea’s Crypto ETF Ban Reevaluation: 61% Trade Volume Surge Red Flags South Korea’s FSC plans to reevaluate its ban on local spot cryptocurrency ETFs and institutional accounts, signaling a shift in regulatory stance. The approval of spot bitcoin ETFs in the U.S. has pressured the FSC to consider local listings, reflecting a potential policy change. Upbit dominates the market, handling 61% of trade...

Qubetics Top Crypto Presale – $TICS Surge as ETH Recovers and Algo Develops

Qubetics Top Crypto Presale: Grab $TICS Before the Final Phase’s 20% Surge as Ethereum Eyes Rally and Algorand Strengthens  What if your next investment could unlock a new realm of possibilities? The crypto market thrives on innovation and bold moves, drawing the interest of investors and enthusiasts alike. With exciting updates from Ethereum and insights into Algorand, the crypto space is buzzing with potential. However, the spotlight now turns to...

Qubetics Top Crypto Presale: Grab $TICS Before the Final Phase’s 20% Surge as Ethereum Eyes Rally and Algorand Strengthens

What if your next investment could unlock a new realm of possibilities? The crypto market thrives on innovation and bold moves, drawing the interest of investors and enthusiasts alike. With exciting updates from Ethereum and insights into Algorand, the crypto space is buzzing with potential. However, the spotlight now turns to Qubetics ($TICS), a rising star in the blockchain arena. Known for its groundbreaking innovations, Qubetics is making waves, particularly...

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which had accrued $479.15 million. According to Cryptoslam.io data, Ethereum-based NFTs led the market with $146.10...