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AAVE and UNI saw a $12.7M whale sell-off, sparking fears of a correction rally in DeFi tokens. Uniswap trades near critical $12.82 support, with 40% upside potential if a breakout occurs. Aave challenges the $371-$383 resistance zone, with potential for a bullish rally to $530. Despite the broader market recovery, certain DeFi tokens are revealing…
OKX has become the first cryptocurrency exchange to secure a MiCA pre-authorization license in Europe. The pre-authorization was granted under the Markets in Crypto-Assets Regulation (MiCA). Once it obtains the full MiCA license, OKX plans to passport its regulatory approval from Malta to all 30 EEA member states, enabling seamless cross-border operations. . Cryptocurrency exchange…
Whales and institutional investors have accumulated over 330,000 Ethereum (valued at $1 billion) in the past week. Ethereum price could break critical resistance levels, potentially reaching $7,000 in the near term. The Ethereum Foundation is transferring 50,000 ETH (worth $150 million) to a new wallet for active participation in the DeFi ecosystem. Ethereum price could…
Binance launched MELANIAUSDT Perpetual Contract with a 25x leverage. MELANIA surged by over 40% in the last 24 hours, reaching a market cap of over $2 billion. MELANIA’s success caused a 40% drop in the TRUMP meme coin value. has the launch of the MELANIA Perpetual Contract. This follows the launch of the TRUMP perpetual…
SEC decision on Grayscale’s Solana ETF is due today. Regulatory issues and leadership changes could delay Solana ETF approval. Today is the first deadline for the US Securities and Exchange Commission () to give its position on Grayscale’s request to convert its Solana Trust (GSOL) into a spot Solana Exchange-Traded Fund (ETF). On December 4,…
Chainlink (LINK) surged 6.5% in 24 hours, trading at $24.66. The price rally follows the launch of Data Streams on Scroll platform. Analysts expect LINK to target $26 to $27 if the current bullish momentum holds. Chainlink is currently trading at $24.66, marking a 6.5% gain over the past 24 hours. This rally coincides with…
Elon Musk’s latest comment on X has reignited discussions about Ross Ulbricht’s fate. During his 2024 presidential campaign, Trump explicitly vowed to commute Ulbricht’s sentence on his first day in office. However, no official pardon materialized on Inauguration Day, leaving supporters in suspense. On Polymarket, 99% of participants believe Trump will pardon Ulbricht within his…
Crypto liquidations reach $838 million, with $247.39 million in Bitcoin long-side losses in 24 hours. Bitcoin active addresses hit record low in 2025, signaling a 17.86% drop in user activity. Institutional support weakens, raising fears of a BTC retest at $90,000 amid ETF inflow slowdown. Bitcoin targets $95,000 with a potential breakdown to $94,474 if…
On Thursday, the BlackRock Bitcoin ETF (IBIT) clocked the highest-ever daily trading volume of $6.8 billion. Over the past week US Bitcoin ETFs saw $3.7 billion in inflows signalling growing institutional interest in Bitcoin. Despite a slow start to 2025, Bitcoin ETFs have turned net positive with $4 billion in inflows since the beginning of…
Phantom experienced delays due to a significant spike in user activity, processing millions of requests. Despite the congestion, Phantom handled $1.25 billion in volume and 10 million transactions in one day. Jupiter also faced high traffic, issuing an apology and working to restore service. Phantom, a self-custodial crypto wallet that allows users to buy, store,…