EigenLayers EIGEN token unlock looms, futures tip a $6.8B FDV
EigenLayers EIGEN token is scheduled to unlock at 5:00 am UTC on Oct. 1 and will start trading on exchanges such as Binance soon after.
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EigenLayers EIGEN token is scheduled to unlock at 5:00 am UTC on Oct. 1 and will start trading on exchanges such as Binance soon after.
Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.
UNI, the governance token of Uniswap, has completed a four-year unlocking cycle, which means that 100% of the token supply is now in circulation. This major development was highlighted by on-chain analyst Ember through an X (formerly Twitter) post, which indicates a considerable change in the UNI market. UNI was launched in September 2020, and […]
Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability. Celestia Plans For 1 GB Blocks For Scaling In a recent announcement, the [...]
The post Celestia Plans For 1 GB Blocks For Scaling: Why Are TIA Holders Worried? appeared first on Crypto Breaking News.
The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
In today's crypto news recap, take a look at the gaming tokens scheduled to be unlocked this month, plus we recap the info on Coins.ph's peso stablecoin.
Worldcoin faces allegations of price manipulation after delaying unlocking 80% of its native tokens.
July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token […]
About $755 million in crypto assets from AltLayer, Arbitrum, Optimism and other projects will be released in July as their vesting period concludes.
The tokenization market is experiencing a significant turning point as major players like Blackrock, Multibank, and Telegram are stepping into the space. This move signifies a growing interest and investment in tokenized assets across various financial sectors. Blackrock, a global investment management firm, has expressed interest in exploring blockchain-based tokenization, which could bring more liquidity [...]
The Ripple escrow unlock schedule has recently released an additional 500 million XRP to complete the 1 billion quota for…
The post Ripple Escrow Unlock Releases Additional 500M XRP for May first appeared on The Crypto Basic.
Nearly $875 million in crypto tokens from projects like Aptos, Arbitrum, Starknet and Sui will be unlocked in June as vesting periods end.
The Solv RWA-Backed Bitcoin Yield Avalanche A new opportunity has emerged in the cryptocurrency market with the introduction of Solv RWA-backed Bitcoin yield. This innovative concept combines the stability of real-world assets with the potential for high returns that Bitcoin offers. By utilizing Solv’s RWA platform, investors can now access a secure way to earn [...]
The decentralized finance (DeFi) industry is witnessing a significant shift as student loans become a prevalent use case. The rise of on-chain education is bringing a new wave of innovative solutions to the traditional student loan market. DeFi protocols are now offering alternatives to traditional banks, allowing students to access loans without complex bureaucratic processes. [...]
The American dynamism landscape is constantly evolving, presenting new opportunities and challenges for businesses and individuals alike. As we look towards the future, it is crucial to understand the key drivers shaping this dynamic environment. Innovation and technological advancements are at the forefront of American dynamism. The rapid pace of change in industries such as [...]
The post Unlocking the Key to America’s Future: The Vital Role of Cryptography appeared first on Crypto Breaking News.
The cryptocurrency market is changing all the time; a key factor that drives this change is what are called “token unlocks.” Token unlocks, simply put, are the release of tokens that were previously locked up (or reserved) by projects. More often than not, these locked tokens were reserved for team members, investors, and other strategic [...]
May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector. Related Reading: 85% Of Altcoins In Opportunity Zone, Santiment Reveals Substantial Crypto Releases Set the Stage Token Unlock, a platform dedicated to tracking the release schedules of digital assets, indicates that May will witness one of the most substantial influxes of tokens into the cryptocurrency market this year. At least 20 crypto projects are preparing to unleash tokens worth more than $10 million each, cumulatively amounting to $3.661 billion. These releases underscore the activity and continuous growth within the crypto sector, even amid fluctuating market conditions. Among the tokens set to be released, AEVO and PYTH stand out with their billion-dollar injections, underscoring their strong market presence and investor confidence. AEVO, a decentralized exchange, is scheduled to release 827.6 million AEVO tokens on May 15, which surpasses $1.25 billion at current valuations. This release will dramatically increase AEVOs circulating supply by 757.95% PYTH Network, known for providing decentralized market data, plans to follow suit with its considerable token release. On May 20, PYTH will distribute 2.13 billion tokens, valued at around $1.21 billion, representing 141.67% of its existing circulating supply. Such movements are pivotal for the projects and the broader market, influencing liquidity and potentially price stability. In addition to AEVO and PYTH, Wu Blockchain reports that Token Unlock has identified several other cryptocurrencies set for significant releases in May. These include DYDX, ENA, SUI, MEME, GAL, MAVIA, APT, STRK, ARB, APE, IMX, ROSE, PIXEL, and AVAX. ID, YGG, OP, and PRIME are poised to release tokens valued at over $10 million each, rounding out a comprehensive list for the month. According to TokenUnlocks, the large-amount unlocks in May (unlocked amount greater than $10m) include DYDX ENA SUI MEME GAL MAVIA APT STRK AEVO ARB APE IMX ROSE PIXEL PYTH AVAX ID YGG OP PRIME, etc., with an unlock value of over 3.661 billion US dollars. Among them, the unlocked pic.twitter.com/tZmihAom3c Wu Blockchain (@WuBlockchain) April 30, 2024 Anticipating An Altcoin Surge Meanwhile, El Crypto Prof, a prominent crypto analyst on X, recently projected a significant rally for the altcoin market based on historical market cycles. He notes that post-Bitcoin halving periods, like those in 2016 and 2020, typically lead to a phase of accumulation in altcoins, followed by a market rally. #Altcoins Anyone who is bearish here obviously hasn’t done their homework. Altcoins about to enter the parabolic curve, if we repeat 2016 and 2020. History doesn’t repeat itself, but It often rhymes. -Accumulation1 -Backtest2 -Send it3 Months of glory ahead imo. pic.twitter.com/uUrKj8qau1 (@el_crypto_prof) April 28, 2024 The analyst suggests the current market mirrors these past cycles, indicating a potential upcoming surge. He believes this could result in the altcoin market cap potentially doubling from its current estimate of around $1 trillion to $2 trillion. Related Reading: Crypto Guru Reveals Top Altcoin Picks And DeFi Risks: What You Need To Know Additionally, Daan Crypto Trades, another analyst, supports the view that the ETH/BTC ratio is a more accurate measure of altcoin market sentiment than the SOL/BTC ratio, signaling positive prospects for altcoins. Featured image from Unsplash, Chart from TradingView.
SUI is set to unlock about $278.96 million worth this week following a major price surge, potentially creating selling pressure. In the previous week, the price of SUI saw a significant increase. On April 25, the price of Sui surged about 23%, reaching $3.67. In the past few weeks, the price of Sui has risen […]
Bitcoin enthusiasts are eagerly anticipating the possibility of new all-time highs in the month of May. Experts suggest that several factors could contribute to this surge in price. From increased institutional adoption to growing mainstream acceptance, Bitcoin seems poised for significant growth. One key factor driving this optimism is the recent trend of companies adding [...]
The post Unlocking the Potential: Why Bitcoin Could Reach New Price Records in May appeared first on Crypto Breaking News.
A new wave of TRUMP token holders are on a buying spree, not just for profits but to dine with the president himself. After an announcement that the top 220 token holders will secure a dinner invite, a trader pooled in $5 million, or 407,467 tokens, at $12.27 to make a seat. Such is the […]
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