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Pepe has blasted past the big five dog coins today.
Share link:In this post: FOMO is back as the Fed and China activate the stimulus button. Bitcoin’s break above the $65K mark suggests a swift rise to $70K and new all-time highs. A $10B surge in stablecoin minting floods liquidity into the crypto market.
Share link:In this post: Vitalik Buterin is pushing for more transparency in Ethereum’s governance to keep the ecosystem unified and focused on shared goals. He wants clear metrics for alignment, like using open-source standards and reducing reliance on centralized systems. Ethereum projects should benefit the whole community, not just their own teams, by using ETH and supporting public goods.
Share link:In this post: Elon Musk posted an apparently AI-generated photo featuring himself, Donald Trump, and the DOGE dog. It is Musk’s latest show of support for Trump’s presidential campaign, referencing the proposed Department of Government Efficiency. Dogecoin is currently trading at $0.123, down 83% from its all-time high.
Share link:In this post: BlackRock’s iShares Ethereum Trust (ETHA) has received over $1 billion in inflows since its release. The spot Ether ETF accumulated nearly $870 million in the first 11 trading days. The SEC delays approving and listing the BlackRock Ethereum options trading, rescheduling its decision for November 10.
Share link:In this post: FTX creditor activist Sunil Kavuri says FTX could pay about 10-25% of lost crypto. Some creditors are displeased with equity holders’ repayment. FTX had agreed to pay customers nearly $13 billion.
- 07:20Analysis: Strategy May Transform into a "Bitcoin Bank" and Acquire Mining Companies to Reduce BTC Acquisition CostsCurrently, Strategy holds a large amount of Bitcoin, but its stock price premium reflects the market's expectation of its role as a "bitcoin bank." The company raises funds by issuing stocks and bonds to continuously purchase Bitcoin and plans to convert its balance sheet to a Bitcoin standard. Its business model is seen as one of the important paths to Bitcoin financialization. Analysts point out that in the future, Strategy, as a "bitcoin bank," may also acquire mining companies to reduce its Bitcoin acquisition costs. Such acquisitions may be more significant for the Bitcoin market than for the traditional gold market, as the domain knowledge required for Bitcoin mining and bitcoin banking is closer than that for gold mining and fiat banking.
- 07:20SOL Surpasses $170Market data shows that SOL has surpassed $170, currently reported at $170.02, with a 24-hour increase of 1.33%. The market is quite volatile, so please ensure proper risk management.
- 07:20Data: Over $20 Million Worth of ETH Burned on Base Mainnet in the Past 8 MonthsAccording to data disclosed by 1confirmation founder Nick Tomaino on the X platform, the Base mainnet has burned over $20 million worth of ETH in the past eight months. Nick Tomaino stated that if ETH is viewed as a stock, Base is more like a developer platform.