Everything web3, crypto, defi, degen
In brief Bitcoin ETFs recorded two consecutive days of inflows exceeding $300 million, totaling $633.3 million across both sessions, the strongest two-day performance since early August. Fidelity’s FBTC led Tuesday with $132.7 million in inflows, while BlackRock’s IBIT dominated Wednesday with $289.8 million in inflows. Analysts characterized the movement as “concentrated dip-buying” rather than a…
In brief Crypto exchange Bullish debuted on the New York Stock Exchange in August. Its stock soared to more than triple the initial offering price. But analysts at Compass Point say it’s currently trading too high. Analysts at investment bank Compass Point initiated coverage of crypto exchange Bullish with a neutral rating and a $45…
In brief The TROLL meme coin team has secured an exclusive license to the Trollface IP, following a six-figure deal with the creator. Carlos Ramirez, the Trollface artist, will also earn an 11% royalty fee on net revenue produced by future TROLL meme coin merchandise. Seal, the pseudonymous community takeover lead for TROLL, called the…
In brief The queue to become an Ethereum (ETH) validator, which allows you to stake the cryptocurrency, has reached the highest level since September 2023. Analysts think this may be partly due to the surge of investment in ETH treasury firms, which often engage in staking. Lower network fees on the blockchain were also highlighted…
In brief Pump.fun has introduced a dynamic fee model that looks to reward token creators on the platform. One Pump.fun livestreamer told Decrypt the move empowers small creators to make more money than on traditional platforms like Twitch. Over the past 24 hours following the update, $1.9 million was distributed to creators on the platform.…
In brief The U.S. has jumped from fourth to second place in global crypto adoption as regulatory clarity drives institutional demand, according to the latest Chainalysis report. India has maintained a three-year winning streak despite heavy taxation and compliance requirements. The Asia-Pacific region led growth with a 69% surge in transaction volume, while stablecoin volumes…
In brief Solana’s Alpenglow upgrade, which would cut transaction finality from over 12 seconds to 150 milliseconds, already has over 99% validator support. Over $1.7 billion in SOL is already locked in corporate treasuries. MEXC chief analyst Shawn Young forecasts SOL at $215 in September and $250 by year-end, barring setbacks. Solana is preparing to…
In brief California governor Gavin Newsom has been trolling President Donald Trump in an ongoing campaign. In his latest idea to poke fun at the crypto-friendly president, Newsom said he will release his own meme coin. Democrats have criticized President Trump’s crypto ventures, particularly his meme coin, Official Trump. California governor Gavin Newsom has said…
In brief El Salvador’s Bitcoin Office said it had moved its crypto holdings to new addresses for security reasons. Blockchain data shows that the country is still adding more Bitcoin to its reserve, but the IMF says they aren’t new buys. The country, under a deal with the IMF, was supposed to scale back its…
In brief President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap. At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko. Some early buyers of the token could today realize a gain of more than…
