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According to cryptocurrency Analysis firm LookOnChain, a whale has purchased 500 billion worth of Pepe (PEPE) tokens worth $4.36 million. The whale’s wallet currently holds 2 trillion coins worth $17.42 million. Also Read: US Banks Can Now Custody Customer Crypto, OCC Says This whale just bought 500B $PEPE($4.36M) again and currently holds 2T $PEPE($17.42M).https://t.co/lj4QaP0DUW pic.twitter.com/sx7hOqkcKG — Lookonchain (@lookonchain) May 8, 2025 Cryptocurrencies Rally Into The Green Zone Source: CryptoRank The whale’s big purchase comes amid a market-wide resurgence. Bitcoin (BTC) is testing the $99,000 mark. The global crypto market cap has risen by 1.3% in the last 24 hours to $3.18 trillion. PEPE follows a similar trend as well. The frog-themed memecoin is up 9.5% in the daily charts, 2.7% in the 14-day charts, 39.6% over the previous month, and 11.7% since May 2024. Despite the turnaround, the memecoin is down 1.7% over the last week. Source: CoinGecko Also Read...

Analysts have confirmed the onset of an uptrend in the crypto market, following notable breakouts among leading cryptocurrencies. Notably, Bitcoin (BTC) has surpassed a downward trendline on the weekly chart, which had been in place since its all-time high in March. In addition, signs of an impending bull run have been detected among major altcoins. Amid this rally, tokens within specific blockchains have also witnessed rallies. This article curates the trending cryptocurrency tokens on Avalanche Chain today. Trending Cryptocurrency Tokens on Avalanche Chain Today Seedworld’s SWORLD token is currently priced at $0.00472, marking a notable 173.34% increase over the past 24 hours. Meanwhile, Husky (HUSKY) is valued at $0.0000000199, with a market capitalization of $1.75M. Bear (BEAR), on the Avalanche network, is trading at $0.000000331, with a market cap of $139.54K and a 24-hour trading volume of $4.33K.  FreeDum Fighters has launched its presale, drawing attention due to...

The Shiba Inu burn rate skyrocketed 1,250% on Friday leading to its price briefly surge by 1.6% in the day’s trade. The latest data from SHIB Burn shows that a wallet has burned 22.7 million tokens while two other wallets have initiated burns of more than 1.3 million tokens. This development is refreshing, as the burns have dried up recently, with only a few hundred thousand being sent to the dead wallet. Now that Shiba Inu burns have kick-started, will its price move toward the $0.01 mark? This article will highlight how the burns are essential in pushing SHIB’s price up in the charts. Also Read: Can Shiba Inu (SHIB) Reach $0.01 Before 2050? Shiba Inu Burn Rate Goes Up: Can SHIB Hit $0.01? The burn rate of 1,250% will not drive Shiba Inu’s price toward the $0.01 mark. In the last 24 hours, not more than 32 million SHIB tokens have been sent to the dead wallet. To clarify, 32 million tokens are worth less than $500, with SHIB’s price at $0.000014. Also Read: How ...

After moving to nominated proof-of-stake, an RWA-focused blockchain platform has reached a notable milestone in its journey. Creditcoin, a pioneering platform for real-world asset innovations that enables unbanked consumers to build a credit history on Web3, has announced the launch of the latest upgrade of its mainnet. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to improve on-chain liquidity for both borrowers and fintech lenders, emphasizing the principles of auditability, transparency and trust. Proof-of-work (PoW) was the consensus mechanism that started it all — with Bitcoin (BTC) introducing the concept to millions when it launched back in 2009. But as concerns over electricity use and carbon emissions grow, many crypto projects are now seeking eco-friendly alternatives. In 2022, after years of complex technical work behind the scenes, Ethereum made the leap to proof-of-stake (PoS). At the time, developers said this ...

Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments. To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there, they can create payment channels and start transacting. This article will guide users through the process, from setting up their Lightning wallet to making their first Lightning payment. What is the Lightning Network The Lightning Network (LN for short, or simply “Lightning”) is a decentralized system for instant, high-volume micro payments that prevents users from delegating custody of funds to trusted third parties. It is a layer-2 protocol — a computer network built on top of the Bitcoin base layer (layer 1), the actual blockchain. The Lightning Network uses the Bitcoin base layer’s high protection standards to secure the network. Bitcoin is a payment system designed to be slow, and its transactions are finalized in as long as one hour; th...

The new protocol burns coins on the sending chain, and mints new ones on the receiving chain. Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche, according to an April 26 announcement. Previously, Avalanche users who held USDC on Ethereum had to deposit their coins with a Circle partner or use a third-party bridge to transfer their USDC from one network to the other. The new Cross-Chain Transfer Protocol (CCTP) protocol appears to do away with this need for USDC bridges. The team released a video on April 13 showing how the new protocol works. Unlike a traditional bridge, it doesn’t lock tokens sent to its contract. Instead, it completely destroys them and issues new tokens on the receiving network. Users can redeem these new tokens for bank deposits directly, by depositing the tokens with Circle or its partners. In the announcement, the team said that it expects CCTP to solve the problem of “f...