Sophon (SOPH) Drops 27.9% After Market Debut
TL;DR Sophon dropped 27.9% on its first trading day following a 900 million token airdrop and a wave of profit-taking. Binance assigned it a “seed...
Tag : Market
Bitcoin Conference 2025: ‘Orange is the New Gold’
TL;DR The Winklevoss twins projected BTC at $1M during Bitcoin Conference 2025, calling it “orange is the new gold.” Bitcoin climbed 1.2% after their comments,...
Binance Ignites a Price Rally: Merlin Chain Sees Renewed Trading Momentum
TL;DR High-Leverage Catalyst: Binance’s launch of MERL perpetual contracts, offering up to 50x leverage, has reignited interest in Merlin Chain. Strong Market Performance: MERL is...
NFT Market Rebound After Five Months of Declines
TL;DR NFT sales climbed to $430 million in May, breaking a five-month streak of consecutive market declines. The number of buyers jumped 50%, surpassing 936,000,...
Bitcoin: Long-Term Holders Capitalize on Price Drop to Deepen Their Positions
TL;DR Bitcoin dropped below $109,000, triggering over $185 million in leveraged long liquidations. Long-term holders took advantage of the forced selling to accumulate, pushing their...
OKX Unveils xBTC: Multi-Chain Wrapped Bitcoin Brings DeFi to Aptos and Beyond
TL;DR DeFi Revolution: OKX has launched xBTC, a fully collateralized, Bitcoin-backed wrapped token, transforming BTC into a dynamic asset for trading, lending, and yield generation....
Bitcoin Breaks Its ATH and Surpasses Amazon in Market Value
TL;DR Bitcoin hit a new record of $111,889 and surpassed Amazon in market value, coinciding with Bitcoin Pizza Day. BTC options open interest climbed to...
VanEck Launches PurposeBuilt Fund to Empower the Avalanche Ecosystem
TL;DR Targeted Innovation: VanEck unveils its PurposeBuilt Fund, a private asset fund for qualified purchasers, focused on investing in companies that deliver tangible token utility.....
“The End Is Here”: Kiyosaki Warns of Economic Collapse Amid Failing Systems
TL;DR Dire Warning: Robert Kiyosaki cautions that the traditional financial system is on the brink, signaling an imminent economic collapse. Systemic Weaknesses: He points to...
Ethereum Sees $3.8 Billion Capital Inflow After Pectra Upgrade
TL;DR The Pectra upgrade enhanced Ethereum’s staking and transaction capacity, sparking renewed investor confidence. Ethereum’s Realized Cap jumped from about $240.8B to $244.6B, reflecting a...