Everything web3, crypto, defi, degen
In brief Fartcoin is down 27% this week and now 75% off its all-time high of $2.48. Myriad Markets users do not think the token will make a new all-time high this year, giving it just a 20% chance of doing so. Other popular meme coins like DOGE and PENGU are also struggling on the…
In brief Aster’s token has spiked 47% on the day and hit a new high as its revenue surged beyond decentralized exchange rival Hyperliquid. HYPE has fallen over the last week, although Hyperliquid remains ahead of Aster in terms of daily trading volume. Predictors on Myriad believe that it is 45% likely that Aster will…
In brief Ripple’s RLUSD stablecoin was integrated in Securitize’s platform. Two tokenized money market funds can now be exchanged for the stablecoin. BlackRock’s BUIDL is worth $2 billion, per RWA.xyz. Ripple’s RLUSD stablecoin has been integrated into Securitize’s platform, allowing users to exchange shares in tokenized money market funds for the dollar-pegged asset.The feature was…
In brief Chinese regulators have reportedly given informal guidance to brokers to halt tokenization activity offshore. Hong Kong is pushing ahead with stablecoin licensing and its broader digital asset push. Observers see a temporary cooling period, not a reversal of institutional demand. China’s securities regulator has reportedly instructed some brokerages to pause their real-world asset…
In brief Implied volatility remains low despite Bitcoin’s dip following a wipe out $1.65 billion in long positions across the crypto markets. Put-buying activity shows options traders are expecting further downside this month. Long-term positioning over the next three to six months remains bullish. Bitcoin extended weekend losses on Monday, triggering one of the largest…
In brief Rainbow Points will be converted into RNBW, a token from Ethereum wallet provider, Rainbow. RNBW’s official tokenomics are still forthcoming, but the launch is expected in Q4. The firm also made a public takeover offer of a token launching protocol, offering 4% of the RNBW supply. Ethereum wallet provider Rainbow will launch the…
In brief Bitcoin mining firm AgriFORCE Growing Systems announced plans to begin an Avalanche treasury. The firm’s stock price skyrocketed following the announcement, rising over 200% on the day at one point. AgriFORCE is raising $300 million via a PIPE led by HiveMind Capital, and has added Anthony Scarmucci to its advisory board. The crypto…
In brief BNB climbed more than 10% over the weekend to an all-time high of $1,079, doubling Bitcoin and Solana’s year-to-date gains. Analysts cite renewed institutional demand, Binance’s partnerships, and a stronger regulatory outlook as key drivers. Both bulls and bears see room for correction, with some warning of a dip below $1,000 before longer-term…
In brief Kaia and LINE NEXT have announced Project Unify, a stablecoin-powered app inside LINE Messenger, which has nearly 200 million users in Asia. The app will launch in beta later this year, offering payments, remittances, yield services, and access to more than 100 decentralized applications. Plans include support for regional stablecoins from the yen…
In brief Prediction markets and DAOs are both all about coordination, Syndicate co-founder Ian Lee said. One is focused on human intelligence, while the other on human capital. Syndicate was once dedicated to providing infrastructure for DAOs. Prediction markets and decentralized autonomous organizations, or DAOs, may be closer cousins than most people think, according to…
