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On June 15, ZKJ, the native token of Polyhedra Network, suffered a sudden and steep collapse, plunging more than 60% from $1.98 to a record low of $0.7625 in just under two hours. ZKJ Revival Short-Lived On June 15, ZKJ, the native token of Polyhedra Network, suffered a flash crash, plummeting by more than 60% … Read more
Intent-based solutions offer a promising approach to tackle DeFi’s liquidity fragmentation, simplifying crosschain interactions and enhancing user experience. Go to Source
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Go to Source
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution. Go to Source
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said. Go to Source
Bloomberg’s senior ETF analyst Eric Balchunas said that “$1.9 billion is unheard of for day one” as the debut day for options on BlackRock’s spot Bitcoin ETF saw huge volumes. Go to Source
The rising price volatility among Liquid Staking Tokens (LSTs) highlights the growing interest in active trading and speculative opportunities within this niche of the crypto market. In early 2024, $LDO experienced a remarkable price surge, drawing significant attention from traders and investors alike. Meanwhile, $ANKR maintained a steady upward trajectory, reflecting the varied strategies employed … Read more
Binance launched the $BAN contract yesterday, triggering a sharp increase in its liquidity. Today, market watchers discovered GSR’s possible involvement in market-making for $BAN, based on notable wallet activities. Here’s a breakdown of the evidence supporting this observation: 1. GSR’s wallet (address: GNjGn…4iBW4, identified by Arkham) withdrew 1.5 million BAN tokens from Gate.io and MEXC … Read more
“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” says Bitcoin custody firm Theya Head of Growth Joe Consorti. Go to Source
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges. Go to Source