AVAX fell 14% in 24 hours despite increased whale activity, breaking key support at $8.05. Over 70% of traders hold short positions, signaling bearish sentiment and expectations of further decline. Total Open Interest has dropped, indicating reduced trader conviction and participation. Without renewed buying momentum, AVAX may continue its downtrend as bears dominate the market.
Harmony blockchain suffered an exploit where an attacker minted about 4 billion ONE tokens, roughly 26% of its supply, causing the token to drop 40% to a record low. Bitcoin remains stable near $64,000 as markets await the U.S. July inflation report,...
Tokenized U.S. Treasuries have grown to $15.2 billion across multiple blockchains, with Ethereum holding the largest share at $6.6 billion or 43% of the market. Despite rising competition from chains like BNB, Stellar, Solana, and Avalanche, Ethereum...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
