MegaETH's MEGA token launched on major exchanges including Binance and Coinbase on April 30, quickly falling 38% from its peak price of $0.225 to around $0.138 within 72 hours due to heavy selling pressure from public sale participants, airdrop recipients, and early unlock holders. Despite the price decline, MegaETH's total value locked (TVL) rose to nearly $600 million, indicating strong on-chain activity and ecosystem growth independent of the token's price. The token's future depends on meeting performance milestones tied to token unlocks and whether TVL growth can sustain demand. Technical indicators suggest a bearish short-term outlook with key support at $0.134 and resistance near $0.156.
Bitcoin and Ethereum prices increased by 1.80% and 2.71% respectively, signaling investor preference for large-cap cryptocurrencies despite mixed performance among altcoins. Bitcoin dominance rose to 57.92% and Ethereum's to 9.87%, indicating capital...
Binance recorded a net inflow of $213 million in USDT stablecoins over 24 hours, indicating increased capital moving onto the exchange. This inflow suggests traders may be preparing to buy cryptocurrencies or use the funds for trading activities, but...
Cardano is preparing to launch its Protocol Version 11 upgrade, called the "van Rossem" hard fork, which aims to introduce cheaper smart contracts and enhanced cryptography. Major exchanges like Binance and Coinbase have confirmed their readiness, an...
A large transfer of 40.54 million USDT was detected moving out of a Binance-linked wallet, according to blockchain monitoring data. The destination wallet and the reason for the transfer remain unconfirmed, leaving open possibilities such as customer...
The U.S. Senate is set to release the Bitcoin Clarity Act soon, aiming to clarify crypto regulations and reduce legal uncertainty for digital asset firms. This move coincides with renewed inflows into U.S.-listed spot Bitcoin and Ethereum ETFs, signa...
