Glassnode noted that much of the increased activity appeared to be driven by bots, raising questions about the authenticity of Solana’s growth. Solana’s price remains strong, holding around $240, with traders predicting further gains. The Solana on-chain activity has skyrocketed to new highs as the SOL price continues to hold around $240 levels. Market intelligence…
Grayscale, one of the largest spot Bitcoin ETF issuer, will begin options trading tomorrow. Options trading on BlackRock’s IBIT began yesterday, proving to be a “feeding frenzy” with major inflows. Options trading may transform the Bitcoin ETF sector, but Grayscale will need to take advantage of this interest. Grayscale ETF Options Trading According to a…
Bitcoin has set the market’s pace with multiple all-time highs recorded in less than ten days. SUI and Tron are among the altcoins that have shown similar trends with major gains in November. Meanwhile, Monsta Mash’s projected ROI of above 500X could be reached by Q1 2025. The project announced amazing bonuses and giveaways and…
The Bank for International Settlements (BIS) has revealed that institutional players dominate liquidity provision on decentralized exchanges (DEXs) like Uniswap, according to a Nov. 19 report, In a recent report titled “Decentralized Dealers,” the BIS analyzed the behavior of sophisticated and retail participants in Uniswap v3’s liquidity pools. The study examined their responses to market activities…
MicroStrategy has upsized its recently announced convertible senior note offering, from $1.75 billion to $2.6 billion. The company, currently the largest corporate holder of Bitcoin (BTC) following a buying spree that started in 2020, said in an announcement that the…
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem.
Aerodrome, the primary provider of on-chain trading for large-value contents, has now seen more than $80 million in swap fees. This was accompanied by a record epoch that realized $6.08 million in swap fees, the highest the platform has ever witnessed. All collected fees are directly given to the veAERO voters to have a fair…
A crypto scammer named Ronald Spektor deactivated his social media pages after ZachXBT alleged he aided a $6.5 million theft from a Coinbase user.
Ethereum (ETH) dominates in on-chain activities as it generated $163.7 million in fees in the last 30 days against the $133.4 million recorded by Solana (SOL). Ethereum also recorded an on-chain volume of $149.9 billion, outshining BNB Chain, which has a lower transaction fee. Ethereum (ETH) is struggling to retest its crucial resistance level at…
Coinbase launches cbBTC on Solana, allocating $10M to protocols and $500K for liquidity reserves. Coinbase delists wBTC citing listing standards amid scrutiny over BitGo’s ties to Justin Sun’s BiT Global. Transparency issues and lack of proof-of-reserves fuel debate over Bitcoin-wrapped tokens cbBTC and wBTC. The battle for dominance in the Bitcoin-wrapped token space intensified as…
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