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August, 2024

August, 2024

Understanding The Relationship Between Market Cap And Token Price: A Closer Look
Market cap and token price are fundamental indicators of a cryptocurrency’s value, yet they can behave differently under various market conditions. Understanding this relationship is crucial for mak...
WazirX Hack Leaves Users In Limbo: Calls For Immediate Action Intensify
It has been 26 days since WazirX suffered a major security breach, and users are still left in the dark regarding the fate of their funds. The prolonged freeze on withdrawals has sparked widespread fr...
Cardano’s Steady Growth Amidst Market Shifts: What’s Next?
Over the past year, Cardano has maintained a steady number of addresses with a balance, hovering around 4.45 million. While the last market cycle saw Cardano rise as a strong alternative to Ethereum, ...
TON Blockchain Sees Explosive Growth, Surpassing 39.5 Million Addresses
The TON Blockchain has witnessed remarkable growth this year, expanding from 3.6 million addresses with a balance on January 1st to over 39.5 million today. This surge underscores the increasing adopt...
Pendle Finance Ecosystem Fund Transfers 600,000 PENDLE To Binance Amidst Strategic Moves
Pendle Finance’s Ecosystem Fund has made another significant transfer, depositing 600,000 PENDLE tokens, valued at $1.64 million, to Binance. This move is part of a broader trend in 2024, where the ...
Symbiotic Achieves Explosive TVL Growth In First Two Months
SymbioticFi has made a remarkable impact on the restaking market since its launch, achieving impressive Total Value Locked (TVL) milestones within a short span. In just 24 hours after going live on Ju...
Ethereum’s funding rates and price decline point to bearish shift
Onchain Highlights DEFINITION:The average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, ...
Binance ends Brazil dispute with $1.76 million settlement over derivatives
Crypto exchange Binance has agreed to pay Brazilian regulators $1.76 million to settle allegations of unlicensed derivatives trading in the country. The settlement with the Comissão de Valores Mobili...
Analyst Unveils ‘Reasonable’ Bull Market Price Target for Solana, Says SOL Following Ethereum’s 2020 Rally
A widely followed crypto believes that Solana (SOL) can reasonably climb by more than 850% before the current cycle expires. Pseudonymous analyst Kaleo tells his 643,700 followers on the social media ...
Media Briefing: Pubs’ Q2 earnings look rosy thanks to AI deals and an improved ad market 
Q2 in review The recovery trend of publishers’ businesses seems to be holding as 2024 progresses.  Of the five public media companies included in this earnings analysis, four reported increas...
Newswire > August, 2024
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