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Latest News

Keep up with what's happening in the crypto world in real-time.

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Negative
cover-imageInvezz
November 30, 2023

Optimism price bearish as 24.16M OP tokens flood the market

Optimism (OP) has been in investor radar lately due to its attractive performance. Meanwhile, the token trades with a bearish outlook as it plunged beneath significant support. The downward stance emerges as the crypto expects pessimistic catalysts on November 30. OP traded at $1.67 at press time, dropping 1.65% in the past day.

Positive
cover-imageInvezz
November 13, 2023

Amber Group accumulates Optimism worth $10M, boosting OP's bullish trajectory

Layer2 network Optimism exhibits a bullish outlook, following impressive price movements over the previous month. Digital assets company Amber Group boosted OP's stance by accumulating 5.37M tokens (worth $9.37M) in the past three days. Optimism saw accumulation by traders and institutional players. Data Nerd stats show an Amber Group-linked address withdrew 2.

Neutral
cover-imageNewsBTC
November 11, 2023

A Whooping 56% Of OP Max Supply Not Assigned, What Does This Mean?

According to Token Unlocks, a platform that tracks upcoming unlocking events, 56% of all the OP token maximum supply is in the to-be-discussed (TBD) allocation, meaning the community is yet to vote and determine where these tokens will be assigned to in the coming weeks or months. This news is a curious development, especially for OP Mainnet, the team behind one of the most popular Ethereum layer-2 scaling solutions, and OP token holders.

Positive
cover-imageThe Currency Analytics
November 6, 2023

Optimism Emerges as Strong Competitor in Layer-2 Space, Surpassing Key Resistance

In recent developments within the Layer-2 scaling solutions arena, Optimism (OP) is making significant strides, positioning itself as a formidable rival to Arbitrum. Investors and crypto enthusiasts are keeping a close eye on this dynamic ecosystem as Optimism manages to overcome a critical multi-month diagonal resistance, bringing the token's value to $1.529.

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