Floki, AAVE, Jasmy, ApeCoin in focus as whale activity jumps
Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days. Similarly, Santiment data shows that AAVE (AAVE), JasmyCoin (JASMY), ApeCoin (APE), and Cronos (CRO) have seen their whale […]
Coinbase’s ongoing struggles with hype amid Solana activity
Coinbase’s infrastructure is once again under fire after Solana deposits are delayed, highlighting recurring issues with the platform’s performance. Coinbase, the public crypto exchange with a market capitalization of nearly $74 billion, is once again facing complaints about its services. This time, it’s Solana users who are venting their frustrations. Multiple users took to X […]
Crypto spot trading surpasses May 2021 peak, fueling $11.3t activity: CCData
In December, crypto trading on centralized exchanges hit $11.3 trillion, with spot volumes blowing past the May 2021 peak as volatility spiked. December was a huge month for crypto trading on centralized exchanges as spot and derivatives volumes combined jumped 7.58% to a record-breaking $11.3 trillion, data aggregated by CCData shows. Spot trading hit $3.73 […]
Cardano price could rebound 60% despite notable selling activity
Cardano price has plunged for three consecutive days as the outlook for cryptocurrencies continues to worsen. Cardano (ADA) extended its downtrend, falling to a low of $0.90, its lowest level since Jan. 1 and 33% below its 2024 high. The downward momentum has prompted some whales to exit their positions. According to Ali Martinez, a […]
Dogecoin whale activity and bullish technicals point to potential upside
Dogecoin surged over 20% in the past week as whales accumulated more than $6 billion DOGE, driven by strong bullish technical indicators. According to an X post by analyst Ali Martinez, whales reportedly bought over 1.08 billion DOGE on Jan. 3, worth around $413 million at that time. The following day, another whale transferred 5 […]
2024 Sets New $10 Trillion Milestone for On-Chain Activity
2024 was the year of resurgence in on-chain activities across blockchain networks, as major metrics, including adoption, transaction volumes and counts, hit their all-time highs. Dune On-chain Adoption Index, measuring the level of engagement on the blockchain, hit 77 in Dec. 2024, a little short of the all-time high of 84, last seen in Nov. 2021. […]
PNUT whale activity intensifies ahead of key exchange listings
Speculation about possible listings on two major exchanges may have reignited whale interest, driving PNUT’s recent rally. Peanut the Squirrel (PNUT) rose 15.4% over the past 24 hours, exchanging hands at $0.7102 while bringing its market cap to over $710 million. The meme coin’s daily trading volume was also up 190%, hovering over $596 million […]
Pudgy Penguins PENGU bounced 30% amid Solana activity ATH
Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu. Pengu (PENGU), the native token of blue chip NFT series Pudgy Penguins, bounced to within 50% of its previous peak price, buoyed by a Solana (SOL) uptick and a broad market recovery on 2024’s Christmas Eve. Pudgy […]
Coinbase Advanced trading activity surges in 2024
Derivatives trading products saw rapid growth, suggesting that professional traders were actively seeking exposure to cryptocurrencies. Source link
