CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
Grayscale Adjusts Portfolio and Removes ADA from GDLC: Market Reactions and Perspectives
TL;DR Grayscale Investments adjusts its portfolio by removing ADA from the GDLC fund based on the index methodology. Charles Hoskinson, founder of Cardano, reacts with...
Cryptocurrencies On Volatile Ground: $400 Million Liquidated in Record Time
TL;DR More than $400 million liquidated from the crypto market in the last 4 hours. Binance recorded the highest number of liquidations. BTC and ETH...
Andrew Tate: From Millionaire Profits in Cryptocurrencies to Legal Controversy
TL;DR Andrew Tate made $85 million during the last cryptocurrency market boom. It highlights the importance of distinguishing between speculative cryptocurrencies and innovative blockchain projects....
The Rise of Cryptocurrencies
In the last decade, cryptocurrencies have emerged from the periphery of the financial world to become a mainstream investment option. Bitcoin, the first and most...
Dogwifhat Skyrockets Following Elon Musk’s Social Media Post
TL;DR Musk’s Influence: Dogwifhat’s price surged by nearly 30% following a social media post by Elon Musk, showcasing his significant impact on crypto prices. Price...
Yuga Labs Falls Amidst Bullish Market: What Are the Reasons?
TL;DR NFT collections from Yuga Labs, such as Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), are experiencing a loss of value...
ARK Invest Sells Off Coinbase Stock: Key Diversification Strategy at Play
TL;DR ARK Invest, led by Cathie Wood, sold nearly $150 million in Coinbase shares last week. Coinbase shares have risen more than 80% in value...
Coinbase Gets Neutral Rating from Goldman Sachs After Crypto Rally
TL;DR Goldman Sachs upgrades Coinbase from sell to neutral, following a rally in the crypto market and Coinbase’s strong performance in Q4 2023. The bank raises...
Curve DAO Token (CRV) Experiences an Impressive 57% Increase in 14 Days
TL;DR CRV records a staggering 57% increase in 14 days, surpassing $0.5. Although strong, CRV is still 85.4% below its all-time high. CRV’s rally coincides...