Tag: Million

Curve Founder Moves Over 23 Million CRV To Binance, Is It Time To Take Profit?

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Curve Finance founder Michael Erogov has moved over 23 million CRV, the native governance token of the Curve DAO, to Binance, the world’s leading cryptocurrency exchange, over the last five days, The Data Nerd, on December 27, shows. The founder moved 2.5 million CRV on December 27. This transfer may ruffle investors, raising concerns because it could indicate that Erogov is likely liquidating. Curve founder moves coins to Binance | Source: The Data Nerd via X CRV Is Firm, Up 60% In The Last 3 Months While the founder’s sale of CRV…

Dogecoin Whale Moves 71 Million DOGE To Robinhood, What Does This Mean For Price?

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A Dogecoin whale address recently made a transfer of 71.2 million DOGE valued at $6.3 million into Robinhood from a private address. According to various social media posts by whale transaction tracker Whale Alerts, large DOGE transfers in and out of exchanges have seen an uptick since the beginning of the week. At the same time, the price of DOGE has traded between a high end of $0.097 and a low end of $0.089. Massive DOGE Transfer Into Robinhood The uptick in massive DOGE transfers from whales has had investors…

PanCakeSwap Soars 50% After 10 Million Tokens Burned

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The recent increase in value of PancakeSwap has captured the attention of the cryptocurrency community, as its token, CAKE, witnessed an extraordinary 54% surge in just the past seven days. With a robust market capitalization of nearly $900 million and an impressive fully diluted valuation of $1.3 billion, PancakeSwap has solidified its position as a significant player in the decentralized finance (DeFi) space. Strategic Token Burn Propels PanCakeSwap Ascendancy One of the key strategies contributing to PancakeSwap’s success lies in its proactive approach to managing token supply. In a strategic…

Kyber Network Takes Swift Action After $48 Million Breach, Implements Critical Decisions

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Decentralized finance (DeFi) platform Kyber Network has taken significant steps to address the aftermath of a massive security breach in November, with CEO and co-founder Victor Tran at the helm. Despite the challenges posed by the “Elastic exploit”, KyberSwap’s core business, including the aggregator and limit order functions, remains fully functional, according to the latest statement. Kyber Network Response To Elastic Exploit As stated by Tran, Kyber Network is preparing to launch the Zap API, this is expected to enable decentralized applications (dApps), wallets, and other projects to serve as…

Digital Asset Inflows Cross $103 Million In One Week

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Inflows into crypto investment funds have resumed after a brief hiatus two weeks ago, as evidenced by CoinShares’s latest analysis. According to James Butterfill, Head of Research at CoinShares, digital assets saw a net inflow of $103 million last week, as the wider crypto industry went through a few days of bullish sentiment. This is particularly exciting, as it signaled a change from the net outflows in digital asset investment funds witnessed two weeks ago.  Crypto Fund Inflows Surge To $103 Million Crypto asset investment funds witnessed a minor net…

Shiba Inu Whale Moves $45 Million In SHIB, Bullish?

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Amid the joyous mood of the festive season, the Ethereum-based meme coin, Shiba Inu has witnessed massive whale activity over the past 24 hours, causing speculation around the crypto community. Shiba Inu Sees Substantial Whale Activity A recent report revealed that a Shiba Inu whale has moved about 4 trillion SHIB tokens to an unidentified wallet. The whale activity came amidst the crypto asset’s price decline in tandem with the decline in the SHIB burn rate. Data from the on-chain tracker, Whale Alert, shows the unknown wallet 0x9c570088…a22fd8b51b move 4,239,147,213,294…

$10 Million Worth Of Dogecoin Exit Robinhood

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On-chain data has revealed more than 112 million Dogecoin tokens recently made their way out of Robinhood into an unknown wallet. DOGE transfers into crypto exchanges have seen an uptick in the past few days, as the crypto continues to struggle to keep up pace compared to other top cryptocurrencies. However, according to Whale Alerts, 112 million DOGE which was valued at roughly $10.4 million at the time of the transfer, was sent from Robinhood into a private wallet. Massive Dogecoin Transfer Out Of Robinhood According to Whale Alerts, the…

Solana Saga Orders Scrapped As $30 Million BONK Token Package Overshadows Device’s Value

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Solana (SOL) and its associated meme coin, Bonk (BONK), have witnessed remarkable surges in value, with SOL recording gains of over 71% and Bonk experiencing an astonishing 342% increase over the past 30 days.  The positive growth within the Solana ecosystem has resulted in a surge in demand for the flagship mobile device, Solana Saga. However, the Solana Mobile team recently addressed challenges in meeting the “overwhelming demand” and explained order cancellations and inventory management issues. Solana Mobile Faces Inventory Mishap Over the past month, SOL has seen a significant…

Litecoin surpasses 200 million transactions

The Litecoin network hit the 200 millionth transaction mark on Dec. 22, showcasing accelerated growth with an impressive processing of over 10 million transactions. In an earlier post from Litecoin (LTC) released on Dec. 21, the cryptocurrency engineered to facilitate swift, secure, and cost-effective transactions, reported that in the previous 24-hour period, it had exhibited more active addresses than the combined total of Bitcoin (BTC) and Ethereum (ETH), with 1.4 million on-chain transactions recorded in a single day. This coincided with a report from IntoTheBlock, a market intelligence platform highlighting…

Whale Transfers 85 Million DOGE To Robinhood

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The Dogecoin price has been put in a perilous position once more after a DOGE whale made a massive transaction to an exchange. The transaction which was flagged by a DOGE community member has raised eyebrows in the space and could possibly be putting sell pressure on the altcoin. Dogecoin Whale Transfers Full Balance To Robinhood On Tuesday, a single transaction carrying over $7 million worth of DOGE was noticed by a Dogecoin community member who posted the transaction on X (formerly Twitter). This transaction caught the attention of the…