The total value locked (TVL) in Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution, has hit a new all-time high, reaching nearly $750 million. New data from layer-2 blockchain tracker L2Beat reveals that the TVL of Base is hovering at $742 million at time of writing, a new record high and an exponential rise since July […]
The post Coinbase’s Ethereum Layer-2 Solution’s Total Value Locked Hits New All-Time High, Reaches $742,000,000 appeared first on The Daily Hodl.
An Ethereum-based (ETH) decentralized exchange (DEX) has suffered millions of dollars in losses after an alleged market manipulation attempt by a rogue user. In a new thread on the social media platform X, the DEX protocol dYdX says that $9 million from its insurance fund was used to fill gaps in liquidations processed in the […]
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Crypto whales sold off millions of dollars worth of yearn.finance on Saturday prior to YFI sharply correcting by over 40%, according to on-chain data. Spotted by blockchain-tracking firm Lookonchain, one wallet deposited the better part of $5.8 million worth of YFI to crypto exchanges, likely to be sold off on the open market. “Why did […]
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An Ethereum (ETH)-based decentralized finance (DeFi) protocol has exploded in price amid a recent spike in whale activity and new addresses, according to the crypto analytics firm Santiment. YFI, the native asset of automated yield-farming protocol Yearn.Finance, is trading at $10,242 at time of writing. Santiment notes that the number of YFI transactions valued at […]
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The leading crypto analytics firm Santiment says one metric they track is signaling a bullish turn in the market based on historical performance. According to Santiment, fear, uncertainty and doubt (FUD) are reaching peak levels as determined by the prevalence of negative crypto terms such as “sell” across several social media platforms. Using their social […]
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On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin and the token yearn […]
A handful of altcoins have outperformed the broader crypto markets by printing gains of over 100% or more in the past seven days. One the best performing altcoins this week is the BTC Standard Hashrate Token (BTCST), an altcoin designed to allow holders to stake their tokens on-chain and earn Bitcoin (BTC) mining rewards. Over […]
The post Four Under-the-Radar Altcoins Skyrocket 111% or More in Just One Week As Crypto Markets Turn Green appeared first on The Daily Hodl.
Five low-cap altcoins have doubled their value or more over the past seven days following weeks of bloodbath in the crypto markets. One of this week’s biggest gainers is CEL, the native token of crypto lending platform Celsius Network. After collapsing 99% from its all-time high, CEL rallied hard last week, erupting from a seven-day low […]
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Analytics firm Santiment is looking at crypto’s richest wallets to identify possible entry points amid a long-term downtrend in the markets. First on the firm’s radar is decentralized virtual world The Sandbox (SAND), which Santiment says experienced “eye-opening supply accumulation” despite recent price struggles. “The Sandbox, one of the altcoin darlings from late 2021, has […]
The post Whales Are Piling Into Top Gaming Altcoin – And Letting Go of Three Crypto Assets, According to Analytics Firm appeared first on The Daily Hodl.
Crypto analytics firm Santiment is digging into the charts to produce granular insights about a trio of altcoins. Santiment first highlights decentralized blockchain platform Cardano (ADA) as seeing an impressive price increase while also noting that development activity on GitHub has surged to over 450 submissions per day. “Cardano is one of many altcoins that […]
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