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The Ethena Foundation has announced that the proposal by @wintermute_t to activate a fee switch for $ENA has been approved by the Risk Committee. This marks a significant development for the token, with the Foundation now collaborating with the committee to finalize the parameters for activation by November 30. Details on the precise implementation mechanics … Read more
Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s digital asset industry have hailed a draft bill proposing hefty fines and jail … Read more
Trump’s administration could push DeFi from niche to mainstream, with crypto advocates eyeing potential pro-crypto policy shifts. Go to Source
In the past 20 hours, Wintermute has withdrawn $940,000 worth of $SLERF tokens from OKX. However, this may not signify a new development. Evidence suggests that Wintermute has been serving as a market maker for $SLERF since at least eight months ago, when the token was at its peak. Beyond the recent withdrawal, an additional … Read more
GSR Markets has emerged as a market maker for Tars Protocol’s $TAI token, marking a significant move for the project. Just yesterday, GSR received 5 million $TAI, valued at approximately $789K, and swiftly deposited 3 million $TAI (worth $472K) across major exchanges such as MEXC, Bybit, and Gate.io. This action appears to be part of … Read more
Ethereum (ETH) has surged to its highest price of the year, supported by positive funding rates and strong bullish sentiment. However, the elevated funding rates suggest that the market may be nearing an overheated state, with potential for sharp corrections if resistance levels are tested. Investors are advised to manage their risk carefully as volatility … Read more
Bitcoin has reached a new all-time high of $93,000, rising by 30% since the U.S. election. Yesterday saw a surge in new Bitcoin addresses, spiking to 442,000—the highest daily number since March—indicating heightened interest and new entries into the market. https://twitter.com/intotheblock/status/1856718084226064675?t=CK78-rLU02I7PqktRiMa4g&s=19 Despite this rally, metrics such as the MVRV ratio suggest Bitcoin is not yet … Read more
The XRP community is abuzz following a notable 45% price surge over the past eight days, catapulting XRP back into the spotlight. The cryptocurrency currently ranks seventh in market cap, with discussions around XRP now accounting for more than 4% of all coin-related conversations. https://twitter.com/santimentfeed/status/1856515787814814152?t=ztHjPtERny1LAHZT3gXopw&s=19 Recently climbing above $0.74, a peak it last hit in … Read more
TRON has achieved a major milestone with its market cap soaring past $16 billion, marking an all-time high. The network’s transaction activity remains robust, consistently outpacing other Layer 1 blockchains. Since the start of the year, TRON’s transaction volume has grown steadily, now surpassing 50 million transactions per week. The market cap of $TRON has … Read more
The balance held by short-term Litecoin (LTC) investors has increased significantly, rising 31% over the past month. These surges among short-term holders are not unusual, often appearing at market bottoms or before substantial price rallies. https://twitter.com/intotheblock/status/1856259138822574181?t=k-5Iox86Rgt1zhnc14pGtw&s=19 In a strategic move, Litecoin has partnered with Coinut to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This … Read more
