Circle, the issuer of the USD Coin (USDC) stablecoin, has successfully launched its initial public offering (IPO), raising $1.1 billion. The company now trades on the public market under the ticker symbol ‘CRCL’. The IPO attracted significant interest from heavyweight… Read More »Circle Launches $1.1 Billion IPO, Marking Milestone for Stablecoin Sector
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Binance Smart Chain (BSC) has registered a substantial increase in high-value transaction activity since the rollout of its Alpha 2.0 upgrade earlier this year. Data reveals more than 39,500 distinct wallet addresses have conducted transactions exceeding $1 million each on… Read More »Binance Smart Chain Sees Surge in Million-Dollar Transactions Following Alpha 2.0 Upgrade
Bitcoin is consolidating near the $110,000 level while testing a critical resistance zone at $111,000, with whale inflows to exchanges plunging to a cycle low of $2.99 billion. This combination suggests potential for either a decisive breakout or short-term pullback,… Read More »Bitcoin Tests $111K Resistance Amid Declining Whale Activity as On-Chain Metrics Signal Bullish Momentum
DWF Labs has declared itself the largest supporter of AI Treasury in the United States, marking a significant commitment to artificial intelligence infrastructure development. The venture capital firm participated in ATW Partners’ $55 million initial transaction with Interactive Strength Inc.… Read More »DWF Labs Emerges as Top US AI Treasury Supporter, Announces $55M Deal and $500M FET Acquisition Initiative
Interactive Strength Inc. (Nasdaq: TRNR) has secured a $500 million facility dedicated to acquiring artificial intelligence-focused FET tokens. The agreement includes the launch of a comprehensive crypto treasury asset strategy. The facility enables the company to establish significant holdings in… Read More »Interactive Strength Secures $500M Facility for FET Token Acquisition and Crypto Treasury Strategy
The upcoming release of U.S. May Consumer Price Index (CPI) data is expected to significantly impact Bitcoin’s price trajectory, with potential implications for Federal Reserve interest rate policies and broader market sentiment. Forecasts indicate the May CPI will rise 2.9%… Read More »U.S. May CPI Data Release to Influence Bitcoin Prices and Fed Rate Decisions
Bybit has initiated its ‘Indonesia Exclusive Sharing is Caring’ event, offering users up to 10 USDT rewards for social media engagement as part of a targeted strategy to strengthen its foothold in Southeast Asia’s crypto market. The campaign incentivizes Indonesian… Read More »Bybit Launches Indonesia-Focused Social Media Campaign to Boost Market Presence
Despite distributing over $5 billion to creditors in its second repayment round, the FTX Recovery Trust continues to face significant hurdles in resolving $2.25 billion worth of disputed creditor claims. Compounding the challenges, Know Your Customer (KYC) verification issues have… Read More »FTX Creditor Recovery Hampered by $2.2 Billion in Disputed Claims and KYC Delays
Ethereum has breached the $2,700 threshold amid substantial accumulation activity, strategic profit-taking by large holders, and unprecedented on-chain engagement, signaling strong upward momentum. This marks a decisive breakout beyond Ethereum’s prolonged $2,300 to $2,800 trading corridor as market dynamics intensify.… Read More »Ethereum Surges Past $2,700 Fueled by Whale Activity and Record Network Engagement
1inch Network has launched its Pathfinder algorithm, a new solution designed to optimize token swaps across decentralized exchanges. The algorithm significantly improves swap rates by up to 6.5% while simultaneously reducing gas consumption through intelligent route optimization across multiple liquidity… Read More »1inch Network Debuts Pathfinder Algorithm to Enhance DEX Swap Efficiency
PancakeSwap has achieved a dominant position in the decentralized exchange (DEX) landscape, recording a daily trading volume of $12 billion and securing 33% of the total on-chain DEX market share. This milestone marks the first time PancakeSwap has overtaken Uniswap… Read More »PancakeSwap Surpasses Uniswap with $12B Daily Volume, Captures 33% DEX Market Share
The CLARITY Act, designed to establish clear regulations for cryptocurrencies in the United States, has cleared the House Financial Services Committee and advances toward a full House vote. This legislative progress has generated positive market reactions, with Ethereum surging approximately… Read More »CLARITY Act Advances Toward House Vote, Sparking Crypto Market Optimism
Former U.S. President Donald Trump has signaled potential willingness to restore relations with tech entrepreneur Elon Musk despite recent tensions. While not an immediate priority, Trump indicated a possible reconciliation might be considered, acknowledging Musk’s role in fracturing their previous… Read More »Trump Expresses Openness to Rebuild Ties with Musk Amid Mutual Regrets
Polygon co-founder Sandeep Nailwal has been named chairman of the Polygon Foundation, signaling a strategic shift to bolster the platform’s leadership in blockchain innovation. The appointment positions Nailwal to spearhead initiatives across decentralized finance (DeFi), non-fungible tokens (NFTs), and Ethereum… Read More »Sandeep Nailwal Appointed Chairman of Polygon Foundation to Drive Blockchain Innovation
Ether (ETH) is demonstrating stronger performance relative to Bitcoin (BTC) in current market conditions as cryptocurrency traders closely monitor impending inflation indicators amid widespread anticipation for an altcoin exchange-traded fund (ETF) surge. The market activity reflects shifting capital allocations favoring… Read More »Ether Outperforms Bitcoin as Traders Eye CPI Data and Anticipate Altcoin ETF Season
Cybersecurity researchers have uncovered targeted phishing attacks by the Rare Werewolf advanced persistent threat (APT) group against Russian and Commonwealth of Independent States (CIS) organizations. The group aims to mine Monero cryptocurrency and steal sensitive corporate data while employing sophisticated… Read More »Rare Werewolf APT Group Targets Russian and CIS Firms in Cryptojacking and Data Theft Campaign
Bitcoin’s recent test of the $110,000 price level unfolds against a backdrop of conflicting market dynamics, with long-term holder behavior, institutional borrowing patterns, and polarized expert forecasts influencing its path. Current selling pressure from long-term holders remains measured at approximately… Read More »Bitcoin Navigates Mixed Signals as Holder Selling, Borrowing Trends and Expert Views Shape Trajectory
The Ethereum Foundation proposed a $5 million offer for the Geth development team to operate independently, but the team declined and chose to remain under the foundation’s centralized structure. Principal developer Péter Szilágyi revealed the proposal, which aimed to separate… Read More »Geth Team Declines Ethereum Foundation’s $5M Independence Offer, Opts to Remain
Shiba Inu (SHIB) has recorded a substantial decline in large-scale transactions exceeding $100,000, commonly referred to as whale activity. This reduction coincides with the imminent release of U.S. inflation data, a key economic indicator that historically influences cryptocurrency market volatility.… Read More »Shiba Inu Whale Transactions Plummet Ahead of U.S. Inflation Data Release