Ethereum Bear Liquidated for $23M as ETH Eyes $3K, BTC Notches New ATH
Bears shorting the market continue to be on the wrong side of the spectrum as almost all cryptocurrencies are charting more gains ever since Donald Trump won the 2024 US…
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Major Challenges Affecting Institutional Adoption of DeFi: IntoTheBlock
The decentralized finance (DeFi) sector has experienced explosive growth over the years, but several challenges are causing slower institutional adoption. With its total value locked above $100 million, DeFi has…
Coinbase Expands cbBTC to Solana, Boosting DeFi Options for Bitcoin Holders
Coinbase has announced the expansion of its wrapped Bitcoin product, cbBTC, to the Solana blockchain. Originally launched in September, cbBTC was initially available only on Ethereum and Coinbase’s native Layer…
This Is How Much Crypto the Ethereum Foundation Holds
The Ethereum Foundation holds $970.2 million in its treasury, according to the newly released report. This includes $788.7 million in crypto and $181.5 million in non-digital asset investments. A major…
$9.3B ERC-20 Stablecoin Inflow to Exchanges Following Elections, Another Rally Coming?
Donald Trump’s win triggered massive gains for not just digital assets but also crypto-related stocks, and ETF flows on November 6 and 7 as stakeholders await potential regulatory clarity, legislative…
Will Crypto Markets See New Peaks as $3.7B Bitcoin Options Expire Today?
Approximately 48,700 Bitcoin options contracts are expiring on Friday, Nov. 8, with a notional value of around $3.7 billion. Today’s options expiry is much larger than last week’s following a…
Institutional Investors Are Back With Record $1.4B Bitcoin ETF Inflow
The eleven spot Bitcoin ETFs in the US saw a record inflow day as $1.37 billion in inflows entered the institutional investment products on Nov. 7. The massive inflow comes…
Wintermute Pushes for Ethena Fee Switch to Benefit sENA Token Holders
Crypto market maker and liquidity provider Wintermute has proposed a fee switch framework for the Ethena protocol. The main objective behind this move is to establish revenue alignment with sENA…
FTX Co-Founder Gary Wang Appeals for Leniency Ahead of Sentencing: Report
Gary Wang, the co-founder of the now-bankrupt cryptocurrency exchange FTX, is seeking to avoid prison time as he awaits sentencing scheduled for November 20 in Manhattan federal court. He has…
Cynthia Lummis Reaffirms Vision for a Strategic Bitcoin Reserve in America
Wyoming Senator Cynthia Lummis has reiterated her commitment to establishing a strategic Bitcoin (BTC) reserve for the United States. The lawmaker, known for her strong pro-crypto stance, highlighted these plans…
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