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In May, the crypto currency industry will unlock $4 billion worth of token s among 21 different projects, anticipating a significant sell-off. These token unlocks constitute the crypto currencies supply inflation, with drastic economic effects that could impact prices and investors’ results. Notably, the renowned crypto journalist Colin Wu spotted $3.661 billion worth of tokens to unlock in May. Wu reported the forecasted unlocks according to data from TokenUnlocksApp in a post on X on April 30. In particular, the unlocks of Aevo (AEVO) and Pyth Network (PYTH) total nearly $2.5 billion worth of tokens. With over $1.2 billion each, they dominate May’s total unlocks by around two-thirds. Picks for you Harris and Trotter Digital Assets secures $10 million in a funding round led by Orbs 30 mins ago Stablecoin Wars: Tether takes massive swipe at Ripple 1 hour ago Opportunity? Will the 'Banana Zone' ignite a major altcoin bull run? 1 ho...

Arbitrum (ARB) investors have a challenging week ahead with a possible sell-off of over $2 billion in its token. This is part of Arbitrum’s unlocks from the Genesis distribution, summing up to the usual proof-of-stake (PoS) issuance. On March 16, vesting contracts will release 1.11 billion ARB worth $2.06 billion at press time prices. Finbold retrieved this data from TokenUnlocksApp on March 15. Notably, this is one of the platform’s largest single unlocks ever registered. Arbitrum also dominates the total cliff unlocks of $2.39 billion for the next seven days by over 76.6%. Picks for you Cryptocurrencies under $1 to buy next week 15 mins ago This Cardano competitor is ‘waking up,’ threatens bullish breakout at $80  1 hour ago How much is the creator of Ethereum worth ? – Vitalik Buterin's net worth revealed 3 hours ago Ripple v. SEC case update: Timeline revealed for crucial XRP briefing 4 hours ago Cliff unlock s next 7D: Arbitrum...

FTX, the exchange founded by disgraced entrepreneur Sam Bankman-Fried, and Alameda Research have transferred another substantial sum of cryptocurrency as part of a larger $551 million asset management effort. According to the blockchain analytics platform, Lookonchain, the diverse mix of transferred cryptocurrencies — about $22 million worth — included Ethereum (ETH), Uniswap (UNI),  Shiba Inu (SHIB), and several others. The move follows prior transfers of substantial amounts to well-known exchanges.  These crypto asset transfers are part of FTX’s ongoing bankruptcy proceedings and endeavors to optimize the value of its token and address the financial strain faced by it and Alameda Research.  The firms recently executed asset transfers worth $10.8 million across platforms like Wintermute, Binance, and Coinbase.  The latest transfers were distributed among eight tokens, including $2.58 million in StepN (GMT), $2.41 million in Uniswap (UNI), $2.25 million in Synapse (SYN)...

Analyst Geoff Kendrick explains his super bullish view on Ether. He expects Ethereum to reclaim its dominance in smart contracts. Kendrick also sees new uses cases as catalyst for price appreciation. Ether has been in a downtrend over the past three months but a Standard Chartered analyst remains super bullish on the cryptocurrency. The bull case for Ether Geoff Kendrick expects Ether to hit $8,000 by the end of 2026 that translates to a whopping 5x growth in about three years. The analyst is convinced that Ethereum will reclaim its dominance in smart contracts. New use cases, he added in a research note this morning, will also help drive its price up moving forward. Layer 2 scaling solutions … are likely to grow in importance over time. This should help in … increasing its [EHT’s] P/E ratio over the next couple of years. Earlier this month, Grayscale filed with the Securities & Exchange Commission to convert its Ethereum trust ...