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An anonymous cryptocurrency whale avoided over $5 million in potential losses

An anonymous cryptocurrency whale avoided over $5 million in potential losses by executing a fortuitously timed trade right before the broader crypto market plunged last week. According to blockchain analysis platform Lookonchain, the trader withdrew 22,341 Ether from Binance exchange on August 18th, converting the stash to $41 million

By John Williams Aug 18, 2023

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Digital securities firm Securitize acquiring the $40 billion crypto asset manager Onramp Invest

Digital securities firm Securitize is expanding its offerings of alternative investment assets to major cryptocurrency industry players by acquiring the $40 billion crypto asset manager Onramp Invest. The purchase provides Securitize access to Onramp's large base of registered investment advisor (RIA) customers, including major crypto fund issuers and

By John Williams Aug 18, 2023

News

The Shiba Inu crypto project has restarted its layer-2 blockchain network Shibarium

The Shiba Inu crypto project has restarted its layer-2 blockchain network Shibarium after a brief pause in block production that lasted nearly a full day. According to the Shibarium block explorer Shibariumscan.io, the network has resumed generating new blocks after entering a fail-safe mode on August 17 that stopped

By John Williams Aug 18, 2023

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The Sandbox Rolls Out New Tools Ahead of Publishing Launch

According to the latest NFT news, the video game company The Sandbox has deployed new tools to help creators build experiences in preparation for the platform's upcoming publishing launch, according to a company announcement. The publishing feature, expected to roll out fully by late 2023, will allow LAND

By John Williams Aug 18, 2023

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OKB Drops 5.42% to $42.42: Key Takeaways for Crypto Investors

OKB, the utility token of the OKX cryptocurrency exchange, declined 5.42% over the past 24 hours to $42.42. This extends the negative momentum for OKB after a rough week that saw the token fall 11.17%. With a market capitalization of $2.55 billion, OKB remains one of

By John Williams Aug 18, 2023

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Cosmos Drops 7.85% to $7.48: Key Insights from the Data

Cosmos (ATOM) declined 7.85% over the past 24 hours to $7.48, as the interoperability-focused blockchain project fell in line with broader weakness across the crypto assets. This selloff comes on the heels of a 10.83% drop over the past week for ATOM. With a market capitalization of

By John Williams Aug 18, 2023

News

Stellar Drops 7.27% to $0.1164: Key Takeaways for Investors

Stellar (XLM) declined 7.27% over the past 24 hours to $0.1164, extending the recent downward momentum for the payments-focused cryptocurrency. XLM has now dropped 16.72% over the past week as the broader crypto market struggled. With a market cap of $3.17 billion, Stellar remains one of

By John Williams Aug 18, 2023

News

Litecoin Drops 13.42% to $65.01: Key Insights for Investors

Litecoin (LTC) declined 13.42% over the past 24 hours to $65.01, extending the cryptocurrency's negative momentum after a brutal week. LTC has now dropped 21.70% over the last 7 days, underperforming top coins like Bitcoin and Ethereum. With a market capitalization of $4.77 billion,

By John Williams Aug 18, 2023

News

Dogecoin Price Drops 6.59% to $0.06267: Key Insights for Investors

Dogecoin, the popular meme-inspired cryptocurrency, saw its price decline 6.59% over the past 24 hours to $0.06267 according to CoinMarketCap. This extends the token's losing streak to 17.13% over the past week amid broad crypto market weakness. Despite its recent slump, Dogecoin remains a top

By John Williams Aug 18, 2023

News

XRP Price Dips 13.67% to $0.5047: Key Takeaways for Traders

XRP, the native token of the XRP Ledger, saw its price decline 13.67% over the past 24 hours to $0.5047 according to data from CoinMarketCap. This sharp single-day drop comes on the heels of a rough week for the cryptocurrency, which has fallen 20.09% over the last

By John Williams Aug 18, 2023

News

Monero's 5.62% Slide to $143.75: Key Takeaways for August 18, 2023

Monero (XMR) faced heavy selling pressure this week, with prices dropping 5.62% over the past 24 hours to $143.75. However, XMR found some short-term support today, trading nearly flat at -0.05% in the last hour. This price action reflects ongoing volatility for the privacy-focused cryptocurrency. Analyzing yesterday&

By John Williams Aug 18, 2023

News

Chainlink's 8.58% Decline to $6.22: Key Insights for August 18, 2023

Chainlink (LINK) faced heavy selling pressure this week, with prices dropping 8.58% over the past 24 hours to $6.22. However, LINK found short-term support today, trading up 0.08% in the last hour. This price action shows the volatility facing the blockchain oracle network amid the ongoing crypto

By John Williams Aug 18, 2023

News

SHIBA INU's 3.20% Drop to $0.00000859: Key Insights for August 18, 2023

SHIBA INU (SHIB) faced selling pressure over the past 24 hours, with prices falling 3.20% from $0.00000888 down to $0.00000859. However, SHIB has shown some short-term strength, bouncing 1.32% in the past hour. This price action highlights the continued volatility around the popular memecoin. Let'

By John Williams Aug 18, 2023

News

Solana's 5.09% Price Decline to $21.92: Key Takeaways for August 18, 2023

Solana (SOL) faced heavy selling pressure over the past 24 hours, with prices falling 5.09% from $23.09 down to $21.92. SOL now sits around its lowest levels since January 2021 as bears remain in control of the trend. But could this be an opportunity for long-term investors

By John Williams Aug 18, 2023

News

Binance Coin's 5.34% Price Plunge to $218.51: Key Insights for August 18, 2023

Binance Coin (BNB) saw a significant 5.34% price drop over the past 24 hours, falling from $230.85 down to $218.51. This steep decline brings BNB to its lowest price level since early July 2022. With a market capitalization of $36.44 billion, BNB remains one of the

By John Williams Aug 18, 2023

News

Uniswap's 8.18% Price Drop to $4.95: Key Insights for August 18, 2023

Uniswap's UNI token has declined 8.18% over the past 24 hours to $4.95, extending its multi-week downtrend. UNI is now down 19.45% for the week and 19.90% over the past month as selling pressure persists. In this report, we’ll analyze Uniswap's

By John Williams Aug 18, 2023
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