Revolut moved over $6.44 million worth of AAVE from cold wallets to Coinbase in one day, raising concerns about increased supply hitting exchanges. Despite this, AAVE's price structure remained stable as traders debated if the move was profit-taking or routine management. Derivatives data showed continued bullish sentiment with positive funding rates, indicating leveraged traders expect higher prices. AAVE traded near $98, defending its rising trendline and challenging the $100 resistance level, with potential to reach $120 if it breaks above $100. A rejection at $100 could shift focus back to $90 support, crucial for the uptrend's validation.
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
Pump.fun (PUMP) surged 11.60% to $0.002001, boosting its market cap to $794.91 million, driven by a community initiative attracting trader interest. Other notable gainers include Aave, Shiba Inu, Provenance Blockchain, and Pepe, all rising between 8....
Chainlink announced eight new integrations involving partners like Aave and CaliberCo across three blockchain networks. These integrations utilize Chainlink's services such as the Cross-Chain Interoperability Protocol (CCIP) and Automated Compliance ...
A whale transferred $191.42 million USDC into the Aave protocol, highlighting increased large-holder activity as AAVE traded just below the key $100 resistance level. Spot buying dominance and an ascending triangle pattern suggest potential for a bre...
