Ethena (ENA), the native token of the Ethena ecosystem, has faced immense selling pressure recently, culminating in a significant financial loss for its largest staker. The investor, who had a substantial holding in ENA, sold off a significant portion of their tokens at a considerable loss, reflecting the ongoing volatility…
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Massive Withdrawals Propel Speculation Ethereum, the second-largest cryptocurrency globally, has sparked fervent discussions within the crypto community as it experienced an unprecedented outflow from Coinbase, totalling over 336,000 ETH, valued at more than $1 billion. This significant movement of Ethereum from one of the leading exchanges has ignited speculation about…
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Next Week’s ZKsync Airdrop: What to Expect The ZKsync Association is set to make history with a massive airdrop, distributing 3.675 billion tokens to 695,232 eligible wallets next week. This move is part of ZKsync’s commitment to rewarding “real people first,” a sentiment echoed by Matter Labs, the creators behind…
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A recent surge in meme coin investments has yielded massive profits for a crypto trader, who pocketed an astonishing $2.4 million after trading 12 meme coins on June 7. This success story highlights the lucrative opportunities within the volatile world of cryptocurrency trading. The Rise of Meme Coins Amid Market…
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The crypto market witnesses a tug-of-war between Ripple’s XRP and Cardano’s ADA as both assets strive for a rebound amidst recent market fluctuations. Cardano Surges Ahead in Short-term Momentum Cardano (ADA) emerges as a frontrunner in the current market rebound, exhibiting robust short-term gains and heightened investor interest. Cardano’s bullish…
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Bitcoin surged with $2 billion in inflows as crypto ETF investment soared last week, but Ethereum stole the show with a remarkable spike in net flows. Bitcoin Reigns with $2 Billion Inflows, Ethereum Emerges Strong The influx of funds into the crypto market extended a five-week streak, propelling total inflows…
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Potential Short-Term Bitcoin Price Drop Predicted Bitcoin traders should prepare for a potential short-term price correction, according to prominent chart analyst Ali Martinez. Despite Bitcoin’s slight decline of 0.5% over the past 24 hours, bringing its price to $70,834.5, Martinez highlights a crucial support level at $68,500. Bitcoin Price Correction…
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Whale Buys Billions of PEPE and SHIB Tokens Amid Market Volatility In a dramatic development in the crypto market, a significant whale has amassed substantial quantities of Pepe coin (PEPE) and Shiba Inu (SHIB) tokens, drawing global investor attention. On-chain data reveals that a staggering 199 billion PEPE and 37…
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The HULK cryptocurrency has experienced a dramatic 85% crash, attributed to insider selling. According to cryptocurrency analytics firm Lookonchain, the token’s price collapse followed a significant dump by an insider who made nearly a million dollars within hours. Insider Trading Rocks HULK Token An insider’s swift and lucrative move has…
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Positive market indicators suggest sustained bullish momentum for Dogecoin Dogecoin (DOGE), the cryptocurrency that began as an internet joke, is making serious waves in the crypto market. Recent data from CoinGlass shows a staggering 47.62% increase in Dogecoin’s trading volume within the last 24 hours, reaching an impressive $1.32 billion.…