Read crypto trading news, market structure shifts, technical setups, derivatives activity, and strategies used across volatile markets.
The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high.
Oluwapelumi Adejumo 2 min read 
BTC's positive rally also influenced top alternative cryptocurrencies like Ethereum, Cardano, and others.
Only 11.81% of Ethereum's total supply remains on centralized exchanges, marking a significant shift towards DeFi investments.
Benqi leads Avalanche's DeFi surge, making up over half of the network's $875 million in total value locked.
For every 1% change in Bitcoin price, liquidations have fallen by an average of $55M over the past 2 years.
Bitcoin, the largest cryptocurrency by market capitalization, tumbled around 5% to under $42,000.
Gaming has outperformed other crypto market sectors with an 800% increase in value over the past months.
AVAX climbed to $33 on Dec. 9 to become the tenth largest cryptocurrency by market cap.
Observers have suggested that Jito's unique airdrop startegy will draw more retail particiaption to Solana DeFi ecosystem.
