Currencies33124
Market Cap$ 3.13T+1.69%
24h Spot Volume$ 46.13B+32.2%
DominanceBTC60.66%-0.08%ETH7.03%-0.86%
ETH Gas0.83 Gwei
Cryptorank
MainNews4 Cryptocurr...

4 Cryptocurrencies to Watch as Their Supplies Enter Exchanges


by CoinEdition
  • Santiment revealed in an X post yesterday that LRC, FET, REN and TVK have seen their exchange supply levels increase.
  • According to the post, this rise in exchange supply could lead to an uptick in volatility for the 4 cryptocurrencies.
  • TVK had the highest exchange supply level, with more than 67% of the altcoin’s supply residing on exchange platforms.

The blockchain intelligence firm Santiment revealed in an X post yesterday that altcoins are continually failing to reach consensus regarding what direction their prices should move. Meanwhile, Fetch.ai (FET), Loopring (LRC), Ren (REN) and Virtua (TVK) have seen more and more of their supplies shift onto exchange platforms.

According to the firm, this increased amount of cryptocurrency making its way onto exchange platforms typically implies an increased likelihood of future volatility. With regards to the altcoins mentioned in Santiment’s post, 38.7% of REN’s supply currently resides on exchanges.

Meanwhile, LRC and FET have 27.8% and 18.6% of their respective supplies housed within exchange platforms. Most notably, 67.7% of TVK’s supply is housed in platforms instead of self-custody wallets.

The post 4 Cryptocurrencies to Watch as Their Supplies Enter Exchanges appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

Ethereum (ETH) Foundation researcher Dankrad Feist has introduced a transformative pr...
ALPACA Faces 53% Price Drop Amidst Market Fluctuations

ALPACA Faces 53% Price Drop Amidst Market Fluctuations

Detail: https://coincu.com/334742-alpaca-price-drop-market-impact/
MainNews4 Cryptocurr...

4 Cryptocurrencies to Watch as Their Supplies Enter Exchanges


by CoinEdition
  • Santiment revealed in an X post yesterday that LRC, FET, REN and TVK have seen their exchange supply levels increase.
  • According to the post, this rise in exchange supply could lead to an uptick in volatility for the 4 cryptocurrencies.
  • TVK had the highest exchange supply level, with more than 67% of the altcoin’s supply residing on exchange platforms.

The blockchain intelligence firm Santiment revealed in an X post yesterday that altcoins are continually failing to reach consensus regarding what direction their prices should move. Meanwhile, Fetch.ai (FET), Loopring (LRC), Ren (REN) and Virtua (TVK) have seen more and more of their supplies shift onto exchange platforms.

According to the firm, this increased amount of cryptocurrency making its way onto exchange platforms typically implies an increased likelihood of future volatility. With regards to the altcoins mentioned in Santiment’s post, 38.7% of REN’s supply currently resides on exchanges.

Meanwhile, LRC and FET have 27.8% and 18.6% of their respective supplies housed within exchange platforms. Most notably, 67.7% of TVK’s supply is housed in platforms instead of self-custody wallets.

The post 4 Cryptocurrencies to Watch as Their Supplies Enter Exchanges appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

Ethereum (ETH) Foundation researcher Dankrad Feist has introduced a transformative pr...
ALPACA Faces 53% Price Drop Amidst Market Fluctuations

ALPACA Faces 53% Price Drop Amidst Market Fluctuations

Detail: https://coincu.com/334742-alpaca-price-drop-market-impact/