Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
XRPUSD rallied in Q3 as exchange-held XRP fell from ~12.9B to ~11B since April. U.S. spot XRP ETFs added ~$307.9M in Q3 and ~$4.07M on Oct 1; price near $1.50.XRPUSD trades between 1.54 and 1.70. Hourly close above 1.54 may signal move toward 1.70. Upside may be capped by profit-taking; support at 1…
TL;DREvercrest Technologies, the company behind KelpDAO, has filed a civil claim against LayerZero entities and co-founder Bryan Pellegrino.The lawsuit concerns the April exploit that drained 116,500 rsETH, worth about $292 million at the time.KelpDAO alleges LayerZero reviewed and endorsed the brid…
ZetaChain (ZETA) tokenholders approved a plan to wind down the project’s Cosmos-based Layer 1 blockchain and migrate its native ZETA token to Solana, with governance Proposal 68 passing at 99.4% support and 58% participation, according to the primary source material. That turnout cleared the network…
Bitcoin (BTC) jumped past $80,000 around Friday’s Wall Street open as fuel-crisis woes spread through global markets.Key points:Bitcoin gained 6% on Friday as concerns about oil supply saw US bond yields reverse higher.Crypto markets liquidated $250 million in short positions over four hours.BTC pri…
Ethereum is showing a strange split right now. Per Santiment data, on the Ethereum chain USDT has lost 251,350 non-empty wallets over 11 days, marking its steepest short-window decline since the post-FTX market upheaval in December 2022. At the same time, Ethereum fees have fallen to just $0.095 per…
A coalition of European financial and tokenization groups has urged EU lawmakers to remove a proposed 100 billion euro cap ($116.3 billion) on tokenized financial instruments or raise it to at least 500 billion euro.The draft letter, dated Sept. 7 and addressed to EU Council members and the European…
The US Treasury’s Office of Foreign Assets Control (OFAC) has classified Iran’s digital asset sector as sanctionable, formalizing years of enforcement against Tehran’s sanctions evasion using Bitcoin and the stablecoin Tether .Blockchain analytics firm Chainalysis estimates Iran’s crypto ecosystem …
Bitcoin and Ethereum ETFs had a bit of a couples therapy moment on September 2, with the two asset classes heading in starkly different directions. Bitcoin ETFs pulled in a net 398 BTC, worth roughly $31M, while Ethereum ETFs hemorrhaged 19,667 ETH, approximately $48M, in a single trading session.Th…
An analysis from the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in crypto transactions “perpetrated by overseas scam centers.”According to a FinCEN report released on Thursday, an analysis of more than 33,000 reports filed between September…
Decentralized lending protocol Moonwell is investigating an issue affecting the MAMO Core Market on Base after security firms CertiK and PeckShield flagged a multimillion-dollar exploit."As a precaution, borrow caps for all Core Markets on Base have been set to 1 wei, preventing new borrowing and li…
Thailand’s Securities and Exchange Commission (SEC) has advanced its framework for locally listed spot Bitcoin and Ether exchange-traded funds (ETFs) from proposed principles to draft regulations while revising its approach to foreign digital asset custodians.The regulator said Monday it is seeking …
The cryptocurrency market has climbed roughly 22% over the past week, with major assets such as Bitcoin and Ethereum reaching multi-month highs.Improvements across several demand indicators have accompanied the rally. However, each measure still has a caveat, suggesting the recovery has strengthen…