Bitcoin barely reacted to the new wave of tension between the US and Iran. On Monday, its price hovered around $63,800. Over the day, the coin lost only 0.3%, and for the week it remained up by about 2%. Other markets were noticeably more nervous. Gold dropped by almost 1.6% and approached $4,050 per ounce…
After a prolonged series of sell-offs, the situation has finally changed. The week ending July 10 brought net inflows to spot ETFs for Bitcoin and Ethereum, something that had not happened for eight consecutive weeks. According to SoSoValue, net inflows into Bitcoin ETFs totaled $197.4 million, while Ethereum ETFs attracted another $84.42 million. Until then…
SK Hynix shares plummeted in South Korea trading despite the company’s strong debut in the US. The memory manufacturer’s stock fell by almost 10%, while the entire Asian market was hit by sell-offs due to renewed tensions around Iran and rising oil prices. The contrast was sharp. On Friday, SK Hynix depositary receipts rose about…
The Cash Cat (CASHCAT) token peaked on July 11, surpassing a market cap of $200 million. The sharp rise was driven by the launch of derivatives trading, active investor buying, and a surge in volume on the Robinhood Chain. At its highest, the price of CASHCAT reached $0.211, then corrected to about $0.193. Despite the…
The DeXe token reached a new all-time high of $39.78. Over the past five months, the asset has grown by about 18 times, with new wallets and large on-chain transfers serving as the main confirmation of the movement. At the time of publication, DEXE was trading around $38.76, up 8.33% in the past 24 hours…
Lighter is preparing to reduce the LIT supply for the first time using the exchange’s revenue. The project will burn about 15.5 million tokens, which is approximately 6.3% of the circulating supply. This decision is the first practical step after the tokenomics revision in June. Now, the repurchased coins will not accumulate on the platform’s…
AVAX One Technology regained compliance with Nasdaq requirements after its shares stayed above $1 for ten trading days. The exchange completed its review, and the company now plans to focus on developing three areas: AVAX treasury, bitcoin mining, and infrastructure for AI. Nasdaq Closes Issue With Minimum Price The exchange officially confirmed that AVAX One…
Uniswap founder Hayden Adams said that the protocol collects about $5.2 million in fees daily. DefiLlama data confirms this estimate: in the past 24 hours, users paid $5.16 million. The main share of this volume came from the Robinhood Chain network, which launched just two weeks ago. At the same time, an important vote is…
The LAB token lost about 56% of its value after a wallet, which analysts say was initially funded by the project team, sold 18.4 million tokens through the Aster platform for approximately $18.3 million. On-chain researcher ZachXBT reported that the sell-off lasted about two days, during which time the price of LAB plummeted from $1.20…
Kevin Warsh will report to Congress for the first time as Fed chair. Lawmakers are interested in the most important issues: interest rates, inflation, and the independence of the U.S. central bank. Warsh himself has barely appeared in public during his month as head of the regulator and has preferred not to comment on where…
