Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Tron’s recent decision to lower transaction fees has had a significant impact on the revenue of its block producers, known as Super Representatives. According to a report by CryptoQuant, the total daily fees for these producers fell to $5 million on September 7, a 64% drop from $13.9 million just before the new fees were … Read more
The World Liberty Financial (WLFI) community has overwhelmingly voted to approve a new buyback-and-burn plan, which will use 100% of the protocol’s liquidity fees to purchase and permanently remove WLFI tokens from circulation. The proposal, which is set to formally pass on September 19, received more than 1.3 billion votes, with 99.48% in favor. The … Read more
Gold has achieved a historic milestone, reaching a new inflation-adjusted record high above $3,635 an ounce for the first time since the 1980s. This surge is fueled by a “dream setup” of persistent inflation and expectations of future Federal Reserve rate cuts. Gold’s Momentum The precious metal’s recent climb is a direct response to a … Read more
Hong Kong’s ambition to become a global digital finance hub is gaining traction with a new collaboration between UBS Asset Management, Chainlink Labs, and DigiFT. The three firms have partnered to create an automated framework for tokenized funds, a project supported by the Hong Kong government’s Cyberport program. A Government-Supported Initiative This project is part … Read more
BitMine Immersion Technologies, a blockchain technology firm, has cemented its position as the largest public holder of Ether (ETH) with a second major purchase this week. According to blockchain data, the company acquired 46,255 ETH, worth $200 million, from the digital asset trust Bitgo on Wednesday. This latest transaction brings BitMine’s total Ether holdings to … Read more
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has increased the price range for its upcoming Initial Public Offering (IPO). In an updated S-1 filing, the company announced it plans to sell 16.67 million shares at a price between $24 and $26 per share, a significant increase from the previous range of $17 … Read more
Donald Trump’s media company is expanding its involvement in the crypto space by strengthening its relationship with the Cronos (CRO) network. Truth Social and its affiliated platform, Truth+, have announced that users can now convert their “gems”—engagement rewards earned on the platforms—directly into CRO tokens. This new feature will be available to Patriot Pack subscribers, … Read more
The price of the Flock (FLOCK) token has surged by over 150%, rising from a low of $0.25 to a high of $0.69 following its listing on two major exchanges: Coinbase and Upbit. The listing on Coinbase DEX and Coinbase Markets, along with trading pairs for FLOCK-USD, created a massive increase in trading volume, which … Read more
Nasdaq, the second-largest stock exchange in the world, is asking the U.S. Securities and Exchange Commission (SEC) to approve a rule change that would allow it to list and trade tokenized versions of traditional stocks. This move represents a major push to integrate blockchain technology into the core of American equity markets. In its proposal, … Read more
The native token for SatLayer, SLAY, saw its price jump by 11% today, hitting approximately $0.029 and attracting significant market attention. This rally is fueled by several key developments that are increasing investor confidence in the project. What’s Behind the Price Increase? New Exchange Listings: SLAY’s recent listings on major platforms like Binance Alpha, KuCoin, … Read more