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Coinbase, a major player in the cryptocurrency exchange market, has announced its plans to introduce perpetual futures contracts for three significant cryptocurrencies, Toncoin (TON), Bittensor (TAO), and Tellor (TRB). This move represents a substantial expansion of their product offerings, catering to the growing demand for futures trading in the crypto market.
Binance has added 0x (ZRX), Chromia (CHR), Raydium (RAY), Renzo (REZ), and Tellor Tributes (TRB) as loanable assets on Binance Loans (Flexible Rate).
TRB vs LINK — Assessing Potential Smart contract features on Ethereum gave way to plenty of decentralized applications, with different scopes and goals. Many of these dApps, especially in the DeFi ecosystem, require data from external sources.
With the increase in the price volatility for the market leader, Bitcoin, and top altcoins in the crypto space, investors' interest has switched toward the mid-cap and low-cap altcoins to maximize their profits during this time of uncertainty in the crypto industry.
In a noteworthy series of moves by crypto whales, a total of $5.46 million worth of Tellor (TRB) tokens were recently moved to centralized exchanges.
Tellor (TRB) has made impressive gains in a week, up 200% month-to-date and trending in social platforms. Finbold turned to cryptocurrency indicators, looking for insights on whether this could be a buy or sell signal for TRB.
TRB may be overbought, putting it at risk of a short-term correction.
According to analysis from Altcoin Buzz, several altcoins, including XRP, Tellor (TRB), Render, Singular and Fetch.ai (FET) have recently witnessed substantial whale accumulation, hinting at potential bullish trends ahead. XRP, Ripple's native cryptocurrency, has seen a surge in accumulation by whale addresses in the past week.
Tellor (TRB) welcomed May with an impressive performance, with its market value ballooning from $143.32 million on April 30 to $258.81 million on May 7. TRB's increased whale activity Tellor's substantial growth coincides with amplified movements from large-scale investors. Santiment data confirms a surge in active wallets and transactions involving TRB.
In May, Tellor (TRB), a decentralized oracle network, significantly outperformed expectations, doubling its market capitalization early in the month. As of April 30, TRB's market value was $143.32 million.
Since liquidity attracts prices, we could see a bounce in Tellor prices toward $200.
Another crypto token has joined the meme coin frenzy of gains and losses within the shortest period. Tellor (CRYPTO: TRB) also saw a lot of attention from whales in the past 24 hours.
CoinMarketCap reports Tellor as a top trending coin despite taking another double-digit hit in the past 24 hours.
A scandal has broken out in the cryptocurrency world today, centered on accusations of market manipulation involving Tellor, a protocol that provides oracles for smart contracts.
The team behind Tellor is facing accusations of market manipulation after the price of the protocol's TRB token registered a staggering 172% in a single day.
Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.
Price Surge and Crash The surge in TRB's price was particularly intense on December 31, with trading volume skyrocketing by over 1,000%. However, this price spike was short-lived, as the crypto plunged precipitously soon after.
A wild day of trading of Tellor (TRB) on Dec. 31 wiped more than $68 million worth of leveraged positions, while a $2.4 million transfer from the Tellor team to Coinbase has sparked further concern.
The pump and dump of the TRB token could be a case of manipulation by the Tellor team.
The cryptocurrency Tellor has seen a major increase in social media mentions over the past day, capturing 0.15% of all crypto discussion
Tellor (TRB) went on a rollercoaster in the past 24 hours, with its price experiencing a surge and a drop that is comparable to that of price manipulation. As a result, the crypto surged to over $600 in the late hours of 2023 before crashing down to $137.
Goldman Sachs predicts that institutional adoption and regulation of blockchains will mature digital assets in 2024. The bank's head of digital assets, Matthew McDermott, said businesses that have experienced blockchain's efficiency are now scaling to maximize commercial opportunities as the markets await a Bitcoin exchange-traded fund (ETF).
Tellor (TRB) has shown the most dramatic price action in the last 24 hours. Due to that, both longs and shorts have been liquidated.
In a dramatic turn of events, the price of Tellor (TRB) experienced a roller-coaster ride, soaring to an all-time high of $600 before crashing to $137 within a span of 24 hours. This sudden volatility has triggered a massive $68 million in liquidations, making TRB the most liquidated token in recent trading history.
