Decentralized finance protocol Aave is seeing a significant spike in whale activity as the market looks to bounce from the recent dump that pushed most altcoins to key support areas earlier this week. On July 31, Lookonchain shared details indicating whales had aggressively accumulated Aave (AAVE) over the past two days. According to the data

Polyhedra Network has announced the open beta launch of its Proof Cloud at the Google ZK Summit.  Proof Cloud is designed to make ZK proofs more accessible in both web2 and web3 environments. Supported by Google Cloud, Polygon (MATIC), Linea, and Lita, Proof Cloud aims to meet the rising demand for efficient and cost-effective zero-knowledge

Ki Young Ju has reported a significant rise in limit buy orders for altcoins, signaling a potential rally. This surge suggests that investors are establishing strong buy walls for altcoins, excluding Bitcoin (BTC) and Ethereum (ETH), possibly in anticipation of an impending altcoin rally. “Whales are preparing for the next altcoin rally,” Ju posted on

USDT issuer Tether disclosed net profits of $1.3 billion in the second quarter of the year, adding to the $4.5 billion generated in Q1 to set a new record. Tether’s (USDT) second quarterly attestation reported that the company hit $5.2 billion in net profits for the first half of 2024. According to the press release, which

GMX, an on-chain perpetual and spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain vote stage. According to an announcement on July 31, the new revenue distribution model aims to enhance the long-term value of the GMX (GMX) token. Currently, the DEX protocol supports a model

The crypto market drop that has impacted assets such as Bitcoin, Shiba Inu and XRP is attributable to four main factors. The cryptocurrency market has been hit hard recently, with Bitcoin (BTC) and other major digital assets experiencing significant declines. With BTC down 1.65% this morning, the leading cryptocurrency has collapsed 6.11% from the $68K

CVPad, a well-known launchpad to democratize early-stage VC investments, has announced a new partnership with Aptos. The collaboration focuses on leveraging the features of both CVPad and Aptos to offer a progressive ecosystem to support several cutting-edge projects. The platform took to its official social media account to provide the details of this endeavor. CV

A prominent cryptocurrency analyst has shared insights on a new memecoin built on the Solana (SOL) blockchain. The analyst, known as Altcoin Sherpa, remains optimistic about Popcat (POPCAT). He believes that cat-oriented memecoins have potential to perform well in the future. Discover the latest perspective on Popcat (POPCAT) and other leading cryptocurrencies from an industry

The XRP Ledger has experienced a surge in activity, with both new and existing addresses reaching levels not seen since March in an unexpected burst that came along with a significant price rise of nearly 29% in a 30-day period. On-chain data reveals a striking uptick in new XRP wallet creation, as in a single

BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources opinion The U.S. Economy demonstrates unexpected strength in Q2 2024 By  Gary Wagner Published: 00:41 Updated: 00:46 Kitco Commentaries Opinions, Ideas and Markets Talk Featuring views and opinions written by