Grayscale Withdraws Ethereum ETF Application
TL;DR Grayscale withdrew its application for an Ethereum futures ETF, causing confusion among investors. The withdrawal could be strategic to protect Grayscale’s application for a...
Vega Protocol Revolutionizes the Market with Its MCAP Futures
TL;DR Vega Protocol launches MCAP futures to speculate on token market capitalization before its launch. Vega MCAP futures are designed to reduce price risk and...
ETF Market Dynamics: A Tale of Inflows, Outflows, and Tokenization
TL;DR Inflows and Deceleration: ETFs played a crucial role in the recent cryptocurrency rally, accumulating billions in inflows since January. However, in April, there was...
Friend Tech Thriving Thanks to Version 2
TL;DR Strong resurgence in activity and adoption of Friend Tech following the release of version 2 on May 3. More than 79,500 users have created...
EMURGO and GSR join forces to strengthen Cardano ecosystem
TL;DR EMURGO joins GSR to strengthen the Cardano ecosystem. The partnership seeks to improve liquidity, identify investment opportunities and promote interoperability in ADA projects. GSR,...
Starknet Launches Seed Grant Program to Boost Financial Support for Blockchain Projects
TL;DR The Starknet Foundation launches the Seed Grant Program with up to $25,000 in USDC for projects in the final stages of blockchain development. The...
Visa and Allium Labs Uncover the Truth Behind Stablecoin Transactions
TL;DR Bot Activity Dominates Stablecoin Transactions: A study by Visa and Allium Labs found that 90% of stablecoin transactions are initiated by bots and large-scale...
Cardano (ADA) at Risk of Falling to $0.40: Indicators Reveal New Corrective Phase
TL;dR Indicators suggest a possible new corrective phase for Cardano (ADA), with the risk of falling to $0.40. Liquidation signals and open interest support the...
Bitcoin Whales: Accumulation Following Post-Halving Dip
TL;DR Large Bitcoin investors, known as whales, are piling into the cryptocurrency after a post-halving drop, signaling bullish sentiment. Despite the market volatility, the accumulation...
Coinbase Announces Staggering First-Quarter Revenue of $1.6 Billion
TL;DR Coinbase’s Robust Growth: Coinbase, the leading US cryptocurrency exchange, announced a staggering first-quarter revenue of $1.6 billion, marking a 72% increase from the previous...