Metalpha has conducted a significant on-chain transaction involving the deposit of 18,000 ETH as collateral into the Spark protocol. This collateralization enabled the borrowing of 12 million USDS and 8 million DAI stablecoins. The borrowed stablecoins were subsequently converted into… Read More »Metalpha Executes Major ETH Collateralization on Spark Protocol, Redeploys Funds to Binance
Bitcoin’s price is currently trading near its historic peak of $111,970, yet the market lacks strong catalysts to decisively breach this level. This proximity to the record high leaves the asset susceptible to potential short-term price corrections. Long-term investors who… Read More »Bitcoin Nears All-Time High Amid Uncertainty, Holder Decisions Loom Large
Asset management firm Canary Capital has taken a significant step toward launching a novel cryptocurrency investment product by establishing the ‘Canary Staked INJ ETF’ trust in Delaware. This preparatory move precedes potential regulatory filings with the U.S. Securities and Exchange… Read More »Canary Capital Forms Delaware Trust for Proposed Injective (INJ) Staked ETF
Circle’s recent initial public offering (IPO) has generated a wave of cautious optimism within the Bitcoin market. The IPO witnessed a remarkable surge of nearly 200% in Circle’s stock price, reflecting robust investor appetite for stablecoin-related ventures primarily focused on… Read More »Circle IPO Sparks Measured Bitcoin Optimism Amid Growth Signs and Historical Echoes
Ethereum faces a critical technical test as it struggles to maintain its price above the $2750 support level, which analysts deem essential for preserving bullish momentum. Market observers note that failure to hold this key threshold could trigger a significant… Read More »Analyst Warns Ethereum Must Hold $2750 Support to Sustain Bullish Momentum
Canary Capital has established a Delaware trust for a potential Injective (INJ) staking exchange-traded fund (ETF), signaling heightened institutional interest in cryptocurrency staking products despite ongoing regulatory questions. The trust filing represents a preliminary step toward launching an ETF that… Read More »Canary Capital Files for Injective Staking ETF Trust Amid Regulatory Uncertainty
Canary Capital has created a Delaware trust dedicated to a staked Injective exchange-traded fund (ETF), introducing a novel investment vehicle for cryptocurrency market participants. The initiative forms part of broader industry efforts to expand cryptocurrency investment options. By incorporating staking… Read More »Canary Capital Establishes Delaware Trust for Staked Injective ETF
Cardinal has emerged as the first non-custodial Bitcoin decentralized finance (DeFi) protocol operating on the Cardano blockchain. The platform enables Bitcoin holders to utilize their Bitcoin UTXOs and Ordinals inscriptions as collateral to access Cardano’s on-chain lending and staking markets.… Read More »Cardinal Launches First Non-Custodial Bitcoin DeFi Protocol on Cardano
XRP exhibits tentative signs of buyer dominance but confronts significant resistance near the $2.3 price level, with technical indicators suggesting potential short-term downside. The cryptocurrency remains constrained by a major supply zone around $2.3, which aligns with the 38.2% Fibonacci… Read More »XRP Faces Resistance at $2.3 Amid Mixed Signals, Short-Term Dip Possible
Sky Protocol reports robust participation in its freshly launched SKY token staking initiative, locking over $568 million in assets during its inaugural phase. The program distributed 1.6 million USDS rewards within the first week while catalyzing a 12% price surge… Read More »Sky Protocol’s SKY Token Surges 12% After Staking Program Draws $568M
Southwest University of Political Science and Law convened a seminar addressing virtual currency crimes, featuring TRON Founder Justin Sun alongside legal professionals including prosecutors Li Tao and Wang Dong. The event brought together experts to examine legal frameworks and enforcement… Read More »Southwest University Hosts Seminar on Virtual Currency Crimes with Justin Sun and Legal Experts
BNB (Binance Coin) continues trading just 17% below its 2024 all-time high, significantly outperforming other large-cap cryptocurrencies that remain over 40% below their respective peaks. This resilience highlights BNB’s unique position amid broader market weakness. Strong fundamentals underpin BNB’s performance,… Read More »BNB Defies Market Trend Near All-Time High Fueled by Staking Demand and Token Burns
A new proposal, BIP177 authored by John Carvalho, has sparked renewed debate within the Bitcoin community regarding the naming convention for Bitcoin’s smallest units. The proposal advocates standardizing the display of Bitcoin units, promoting ‘bitcoin’ as the base unit and… Read More »Bitcoin Community Debates Unit Renaming Proposal BIP177
The X (formerly Twitter) account of Paraguay’s President Santiago Peña was compromised by hackers who posted a false announcement declaring Bitcoin as legal tender within the country. The fraudulent post included fabricated details, such as an alleged national reserve of… Read More »Paraguay President’s X Account Hacked to Promote False Bitcoin Legal Tender Claim
Crypto asset management firm Metalpha executed a significant withdrawal of 18,000 Ethereum (ETH) from the Binance exchange, valued at approximately $48.45 million. Large-scale withdrawals of this magnitude are frequently interpreted as indicators of strategic portfolio adjustments or enhanced risk management… Read More »Metalpha Withdraws $48.45 Million in Ethereum From Binance, Signaling Major Institutional Move
Qubetics ($TICS), BNB, and SUI have been identified as leading cryptocurrency investment opportunities, distinguished by their respective advancements in blockchain technology, scalability solutions, and developer-focused ecosystems. Qubetics ($TICS) offers an integrated development environment (IDE) and QubeQode framework to simplify blockchain… Read More »Qubetics, BNB, and SUI Emerge as Premier Crypto Investments for Innovation and Scalability
UPBIT, a major cryptocurrency exchange, has announced the addition of Excella (AXL) to its trading platform. The token is now available for trading against both the Korean Won (KRW) and Tether (USDT) stablecoin on the exchange. This listing significantly broadens… Read More »UPBIT Expands Trading Options with Excella (AXL) Listings on KRW and USDT Markets
Leading South Korean cryptocurrency exchange Upbit has officially listed Axelar Network’s native token $AXL on its spot trading market. The integration enables direct trading of AXL tokens against major cryptocurrencies on the platform. This listing introduces AXL to Upbit’s extensive… Read More »Upbit Lists AXL Token on Spot Market Expanding Trading Access
Elon Musk has notably altered his public position toward former President Donald Trump, deleting critical social media posts and endorsing Trump-era policies during ongoing civil unrest in California and national immigration debates. The tech billionaire removed provocative tweets targeting Trump,… Read More »Elon Musk Shifts Public Stance on Trump, Deletes Critical Tweets Amid California Unrest
Oblong Inc. has announced plans to potentially acquire $7.5 million worth of Bittensor TAO tokens as part of its strategy to diversify corporate treasury holdings with AI-powered blockchain assets. This move signals a strategic shift toward integrating AI-driven digital assets… Read More »Oblong Inc. Considers $7.5 Million Bittensor TAO Token Purchase for Treasury Diversification