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Wednesday, July 31, 2024

TRON lead the market surpass ETHEREUM and SOLANA.

In the past week, Tron has surpassed Ethereum and Solana in revenue generation, earning $8.67 million. Ethereum follows with $8.08 million, and Solana with $6.38 million.

However, over the past 30 days, Ethereum leads with $52.48 million in revenue, spurred by the debut of spot Ethereum ETFs in the US. Tron ranks second with $40.2 million, while Pump.fun exceeds Solana with $25.83 million. 

Solana's 30-day revenue stands at $23.59 million, outpacing Lido ($8.82 million), Uniswap ($8.1 million), and Maker ($7.32 million).



Tuesday, July 23, 2024

Mt.Gox moves 47k Bitcoin to new wallet address

Defunct crypto exchange Mt. Gox has transferred over 47,000 Bitcoin (BTC) to two new addresses. According to Arkham Intelligence, two significant transactions occurred on July 23: one for approximately 42,587.49 BTC worth $2.82 billion, and another for 5,110.16 BTC directed to its cold storage.


These moves are part of Mt. Gox's plan to reimburse creditors for $9 billion in Bitcoin. Prior to this, Mt. Gox conducted smaller transfers on July 22 as tests. Bitstamp, acting as a trustee, received 2,238.87 BTC worth $150 million on July 23, indicating preparations for fund distribution alongside other platforms like Kraken, Bitbank, and SBI VC Trade. Japanese platforms had previously distributed funds upon receipt, with BitBank users confirming payouts on July 4.

Wednesday, July 3, 2024

Binance Start Delisting Crypto Pair

Binance, the world's largest cryptocurrency exchange, has announced a major update to its offerings. The platform intends to delist several crypto trading pairs, including those involving prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as lesser-known tokens such as AI, CHR, GAS, and LQTY. 

This unexpected decision has raised concerns among investors and traders, who are now speculating about the potential impact on cryptocurrency prices and overall market sentiment.



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