Everything web3, crypto, defi, degen
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 Bitcoin, Ethereum and XRP prices are holding relatively steady as the market rolls into Red September. September is historically the worst month of the year for markets, with BTC on average dropping 3.77%. Despite the sideways action, technical indicators suggest traders could be positioning for history to repeat. The cryptocurrency market is attempting…
In brief President Trump and his family saw their net worth surge by almost $6 billion after trading began for WLFI. The family collectively owns 22.5 billion WLFI tokens, now valued at nearly $6 billion, though the tokens remain locked under a vesting schedule that has not yet been determined. WLFI’s market debut gave the…
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…
In brief Metaplanet shareholders reportedly approved an $884 million overseas share sale, according to Reuters. The Tokyo meeting authorized preferred stock issuance potentially worth $3.8 billion, with Eric Trump attending as strategic adviser. The firm’s stock-dependent “flywheel” financing mechanism has “slowed” after both Metaplanet’s stock and Bitcoin slumped in price. Metaplanet Inc. shareholders reportedly approved…
Prediction market protocol Myriad has passed $10 million in USDC trading volume with over half a million users, as it builds on its mission to make information itself a tradable asset class.The protocol’s rapid expansion is “building the rails for prediction markets to evolve beyond a niche crypto product and become an entirely new segment…
In brief BRC-2.0 embeds EVM functionality directly into Bitcoin’s BRC-20 indexer. The upgrade aims to expand Bitcoin tokens beyond meme coins into programmable assets. Backers say the move positions BRC-20 ahead of Runes by enabling a DeFi ecosystem. BRC-20, the first token standard built directly on Bitcoin’s base layer and indexers, has officially launched “BRC2.0”…
In brief Bitcoin reclaimed $109,000 Monday morning, after dipping to $107,500 over the weekend. Ethereum has sagged 1.5% on the day to $4,406 amid a broader 4.3% weekly drop. Despite this, Ethereum dominated institutional crypto inflows, accounting for 57% of the $2.48 billion that the market attracted, according to CoinShares. Bitcoin regained $109,000 Monday morning…
In brief The Bank of China’s Hong Kong branch stock shot up by 6.7% on reports that it plans to apply for a stablecoin issuer license. Hong Kong launched its stablecoin licensing regime in August. Regulators have also urged caution to investors over speculation-driven price moves. The Bank of China’s Hong Kong-listed shares rose by…
