The Big Dip: ADA, SOL, AVAX fall by over 6%, what now?

ADA, SOL and AVAX witnessed a massive decline in prices over the last few days. All these L1s showed similar performance in terms of TVL and DEX volumes. Despite a stellar performance by altcoins in the past few months, their price rallies have been abruptly stopped by recent developments. Each token has suffered significant price … Read more

Only 6 altcoins in the top 50 have outperformed Bitcoin this year

Six of the top 50 cryptocurrencies based on market capitalization have surpassed Bitcoin’s performance in 2023, while Bitcoin’s dominance touched a three-year peak recently. Dogecoin (DOGE), a memecoin among the top 50 cryptocurrencies, has been the top gainer this year with approximately 77% growth. Its value rose from $0.09 on January 1st to $0.15 at … Read more

Examining XRP’s largest drop in 2024: Down 32% in 2 days

XRP faced high selling volume, but there’s reason for bulls to be upbeat. Traders might smell opportunity with prices at a key HTF level. On the days between the 11th and 13th of April in 2024, Ripple (XRP) experienced a significant decline, dropping by approximately 32%. This was the most substantial and rapid price decrease … Read more

John Deaton’s crypto backers help outraise Warren in Senate race

Lawyer John Deaton, an advocate for cryptocurrencies, raised more funds than Senator Elizabeth Warren during the first quarter of this year for her Senate seat campaign. He gathered a total of $1.36 million in donations, exceeding Warren’s $1.09 million. The top donors to Deaton’s cause are a notable group of crypto industry leaders. Among them … Read more

Binance executive tracked to Kenya, extradition underway

Nigeria’s authorities have identified Nadeem Arjarwalla, an executive of Binance, in Kenya after he allegedly eluded Nigerian custody. The government is now working on the process to bring him back to Nigeria. Based on information from Nigerian news source Punch, insiders at the Nigerian presidency revealed that Arjarwalla hid after arriving in Kenya. Nigeria’s administration … Read more