Magic Eden’s Token Crashes 55% After Airdrop Chaos and App Failures
TL;DR Magic Eden’s native token, ME, launched through an airdrop, initially surged to $17 but faced a 67% drop due to technical glitches and user frustrations.
Crypto Market (Latest Publications)
Raydium Dominates the DEX Landscape, Holding 65% of Solana’s Monthly Volume
TL;DR Raydium has emerged as a dominant force, consistently outperforming Uniswap in monthly trading volume and capturing a significant share of the market. In November 2024,
Marathon Digital’s Bitcoin Reserves Hit $3.9B After Another Massive Purchase
TL;DR Marathon Digital has increased its Bitcoin reserves by over 50% this quarter, acquiring 11,774 BTC for $1.1 billion, bringing its total to 40,435 BTC. The
Biggest Liquidation Since 2021 Amid Crypto Market Crash
TL;DR The cryptocurrency market experienced its largest liquidation event since 2021, with approximately $1.6 billion worth of positions liquidated as Bitcoin and other cryptocurrencies sharply declined
Bitcoin Drops After Six-Figure Fail! Altcoins Hit Harder with Big Losses
TL;DR Bitcoin’s price dropped below $100,000, causing over $1.5 billion in liquidations and widespread market panic. Major altcoins like Ethereum, Solana, and XRP experienced double-digit losses,
MicroStrategy Acquires 21,550 BTC at $98K Each, Sets New Yield Records for 2024
TL;DR MicroStrategy acquires 21,550 Bitcoin (BTC) for $2.1 billion, bringing its total holdings to 423,650 BTC. The average acquisition cost stands at $60,324 per coin, representing
Ethereum Spot ETFs Shatter Records with $837M Inflows
TL;DR Ethereum spot ETFs have recorded an unprecedented $837 million in inflows between December 2 and 6, led by BlackRock’s ETHA fund with $573 million. The
Amazon Shareholders Push for Bitcoin Holdings to Protect Against Inflation
TL;DR Amazon shareholders are urging the company to add Bitcoin to its balance sheet as a hedge against inflation, reflecting a growing trend. The proposal highlights
Will These 3 US Economic Data Points Trigger a Bitcoin Rally?
TL;DR Three critical US economic data points—CPI, jobless claims, and PPI—are set to influence a Bitcoin Rally trajectory this week, potentially driving a rally. Rising inflation,
Speculative Boom Revives Crypto Lending Sector, Driven by DeFi Applications
TL;DR The crypto lending market is revitalizing thanks to the demand for leverage and the rise of DeFi applications. Bitcoin’s price exceeds $100,000 in December 2024,
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