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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

TON Network DEXs See Explosive Growth in Addresses and Transactions
TON Network DEXs See Explosive Growth in Addresses and Transactions

The TON network's DEX ecosystem is booming with new users and transactions, with STON.fi leading the charge.

CryptoNews·2024/09/24 13:06
Cathie Wood's Ark Invest offloads another $2.8 million worth of its own spot Bitcoin ETF
Cathie Wood's Ark Invest offloads another $2.8 million worth of its own spot Bitcoin ETF

Ark Invest offloaded 44,609 ARKB spot Bitcoin ETF shares on Monday, worth $2.8 million, as the investment firm rebalanced its fund weightings.The Cathie Wood-led firm has sold a total of $17.5 million in ARKB shares from its ARKW fund but still holds $139.7 million of the spot Bitcoin ETF.

The Block·2024/09/24 09:22
SEC Sues Green United for Alleged Crypto Mining Fraud
SEC Sues Green United for Alleged Crypto Mining Fraud

The SEC also claims that the devices sold were actually Bitcoin mining rigs, but none of the investors ever received Bitcoin either.

Cryptotimes·2024/09/24 08:30
Flash
  • 08:18
    CryptoQuant: Indicators Suggest ETH Gains May Surpass BTC, Altcoin Season Approaching Soon
    According to a report by Jinse Finance, a new report from CryptoQuant states that ETH has quietly fallen to a historically rare range, as a market signal indicates that ETH is significantly undervalued compared to BTC. This signal comes from Ethereum's ETH/BTC Market Value to Realized Value (MVRV) metric, which is a relative valuation indicator used to measure market sentiment and historical trading patterns. Historically, whenever this metric reaches similarly low levels, ETH has achieved significant gains and outperformed BTC substantially. CryptoQuant believes that investors seem to have noticed this. With the demand for ETH ETFs rising sharply, the holding ratio of ETH/BTC ETFs has increased significantly since the end of April. This shift in allocation suggests that institutional investors expect ETH to outperform BTC, possibly driven by the recent Pectra upgrade or a more favorable macroeconomic environment. CryptoQuant believes that the current ETH/BTC price ratio has rebounded significantly, indicating that investors and traders are betting that the market has bottomed out, and the "altcoin season" may arrive soon.
  • 08:04
    A newly created wallet withdraws 1.79 trillion PEPE from CEX, valued at approximately $22.22 million
    According to a report by Jinse Finance, monitored by on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet address has withdrawn 1.79 trillion PEPE tokens from the exchange, valued at approximately 22.22 million USD.
  • 08:03
    Grayscale Conducts Another Large Bitcoin Transaction Today, Transferring a Total of 6,500 BTC Worth Over $674 Million
    According to a report by Jinse Finance, Grayscale conducted another large Bitcoin transaction today. Data monitored by Arkham shows that approximately 10 hours ago, a total of 6,500 BTC were transferred out of the Grayscale Bitcoin Trust, valued at approximately $674.05 million.
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