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In February 2025, leading cryptocurrency exchanges Binance and Coinbase experienced a significant decline in web traffic, with both platforms seeing nearly a 30% drop compared to the previous month. This downturn aligns with a broader trend affecting centralised exchanges (CEXs), which collectively saw an approximate 20% reduction in user visits during the same period. The…
The decentralised finance (DeFi) sector has experienced a significant contraction, with the Total Value Locked (TVL) plummeting by $45 billion from its peak of $138 billion on 17 December 2024 to $92.6 billion as of 10 March 2025. This sharp decline has effectively erased all gains made since the election of President Donald Trump in…
What Are Altcoins? Altcoins refer to all cryptocurrencies other than Bitcoin. The term “altcoin” is short for “alternative coin,” emphasising their role as alternatives to the original cryptocurrency. Since the introduction of Bitcoin in 2009, thousands of altcoins have emerged, each offering unique features and use cases. Altcoins operate on blockchain technology, similar to Bitcoin,…
Ethereum (ETH) has dropped below the $2,000 threshold following a substantial transfer of 6,022 ETH by a long-dormant whale. The transaction, valued at approximately $11.8 million, has sparked concerns over increased selling pressure and heightened market volatility. Whale Activity and Its Market Implications On-chain data indicates that the whale—inactive for several years—moved the ETH to…