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According to a letter posted by the protocol’s founder and CEO, the US agency does “not intend to recommend an enforcement action” against Aave. Stani Kulechov, founder and CEO of Aave, said the US Securities and Exchange Commission ended a four-year investigation into the decentralized finance platform. In a Tuesday X post, Kulechov provided an…
The memecoin Mog Coin saw a slight lift in its price on Wednesday after Canary Capital filed to launch an ETF tracking the token. Canary Capital has filed to launch an exchange-traded fund (ETF) tracking the price of a memecoin called Mog Coin, briefly lifting the price of the little-known token. In a regulatory filing…
Weak demand from spot Ethereum ETFs, soft derivatives data, and macro fears have left Ether struggling to sustain $3,400 despite signs of steady onchain activity. Key takeaways: Ethereum ETF outflows and cautious traders show limited confidence in ETH price going higher for now. Low derivatives premiums suggest a muted outlook for Ether’s price. Read more…
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins. Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices…
Ethereum transaction fees remain at near all-time lows despite peak network activity that saw daily transactions top 1.6 million for the first time since October’s market crash. Despite growing blockchain activity on Ethereum, gas fees on the world’s largest smart contract network remain near historic lows, signaling a more mature and scalable infrastructure ready for…
Bitcoin’s diminishing returns and growing inaccessibility for average retail investors are threatening the predicted extension of the crypto market cycle, according to 10x Research. Bitcoin is becoming increasingly unattainable for average investors, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle. Crypto market intelligence company 10x Research…
Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible? Key takeaways: SOL recovered above $200, but weak onchain activity and rising competition limit the odds of a sustainable rally. Traders show little bearish conviction, yet stagnant network growth and shifting market…
BNB Chain traders made millions on new memecoins going parabolic, with one turning $3,500 into $7.9 million amid a surge in onchain trading activity. Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle. Among the…
A rotation to Aster, US macroeconomic concerns and broad crypto market sell-off take a toll on SOL price. Will TradFi accumulation keep Solana price above $200? Key takeaways: SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains. Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals…
The rally in AVAX price came as institutional momentum and network growth signaled renewed investor confidence in the Avalanche ecosystem. Key takeaways: AVAX’s 10% to $33 on Tuesday is fueled by Avalanche treasury initiatives. Avalanche’s network growth in TVL and stablecoin market cap shows booming DeFi adoption. Read more If you liked the article, do…