Bitwise Predicts a Crypto Market Rally in the Last Quarter
TL;DR Matt Hougan of Bitwise predicts a crypto rally for the last quarter of 2024 as macroeconomic uncertainty clears. September has historically been unfavorable for...
Market
Toncoin Traders Bearish: Potential Short Squeeze on the Horizon
TL;DR Bearish Sentiment: Around 70% of Toncoin traders have shifted to short positions, with the Long/Short ratio dropping from 1.15 to 0.36, indicating a significant...
Bitcoin Volatility Surges Ahead of US Jobs Report
TL;DR Bitcoin Volatility: Bitcoin has experienced significant volatility ahead of the US jobs report for August, which is expected to influence the Federal Reserve’s interest...
Massive DOGS Token Airdrop: 40 Billion Tokens Distributed in 48 Hours
TL;DR Massive Airdrop Event: In just 48 hours, 40 billion DOGS tokens were distributed to over 2.5 million users, marking one of the largest token...
Grass Airdrop Sparks Outrage Among Community
TL;DR Low Token Rewards: Grass airdrop participants received minimal GRASS tokens, leading to widespread disappointment and frustration among early supporters. Community Backlash: Users criticized the...
Bear Market Ahead? Uncertainty Among Investors
TL;DR Bitcoin (BTC) and Ethereum (ETH) are experiencing a significant drop, causing uncertainty and speculation about a possible “bear market.” Bearish market mentions are increasing,...
Pendle Hack: $105 Million Saved Amid Penpie Exploit
TL;DR $105 Million Saved: Pendle swiftly paused contracts to prevent further losses after a $27.3 million hack on its yield optimizer, Penpie. Exploit Details: The...
Bitcoin’s Market Dominance Soars to 60%: What It Means for Altcoins
TL;DR Bitcoin’s Market Dominance: Bitcoin’s market share has surged to nearly 60%, driven by increased interest from major financial institutions and its resilience post-2022 bear...
Market Bets $11 Million on Fed Rate Cut for September 2024
TL;DR The market has bet a total of $11,004,782 on possible Fed interest rate changes by September 2024. Most expect a 25 basis point decline,...
DYAD Stablecoin Protocol Sees Explosive Growth in TVL
TL;DR Explosive TVL Growth: DYAD’s total value locked (TVL) surged over 950% in one month, from $3.3 million on August 5 to a record $35...