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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
A recent update of Phantom, the signature self-custody wallet for the Solana blockchain, logged a meme coin trader out of his account, causing him to lose $1 million. 0xFiyopi, the affected trader, stated that he lost access to these wallets because he did not save the associated seed phrase. Phantom Wallet Update Causes Losses for … Read more
In the past 20 hours, Wintermute has withdrawn $940,000 worth of $SLERF tokens from OKX.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
Whale 0xd93 has made significant moves in the $PEPE market, purchasing 98.612 billion tokens for $2.24 million worth of USDC and DAI at an average price of $0.00002271. The whale currently holds a staggering 556.78 billion $PEPE tokens valued at $12.74 million, reflecting an estimated total profit of $9.46 million—a 31% gain. The whale’s trading … Read more
Binance Futures has announced the launch of the $DEGENUSDT perpetual contract, scheduled to go live on November 15, 2024, at 11:30 UTC. This new listing will allow traders to leverage their positions by up to 75x. Notably, Binance has yet to list $DEGEN for spot trading. Just In: Binance Futures will launch the DEGENUSDT Perpetual … Read more
Dogecoin is nearing a critical breakout, with analysts predicting a 22% price swing based on its current trading range. An hourly close outside the $0.42–$0.38 zone will signal the direction of the move, making this a key level to watch for traders. #Dogecoin $DOGE is on the verge of a 22% price movement. An hourly … Read more
This evening at 8 p.m. ET, AT&T Stadium in Arlington, Texas, will host an electrifying boxing showdown: Mike Tyson, the legendary heavyweight, squares off against Jake Paul, the social media star turned professional fighter. Earlier in the day, Polymarket bettors are already placing their bets on the bout’s outcome. Paul vs. Tyson: Bettors Predict a … 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
