Aave has been experiencing significant selling pressure recently, with large whales seemingly leading the charge in offloading their holdings. Over the past five days, Aave (AAVE) has seen a steady decline, with the price dropping approximately 14% from its local high of $158 at the end of October to around $129 at the time of […]
Polymarket, a platform known for offering decentralized prediction markets, has come under scrutiny for promoting election betting via U.S.-based influencers, despite a federal ban preventing American users from placing bets on the platform. According to a Bloomberg report, Polymarket reached out to U.S.-based social media influencers in September to help drive awareness of its election-related […]
On November 4, U.S.-based spot Bitcoin (BTC) exchange-traded funds (ETFs) saw their second-largest net outflows on record, totaling $541.1 million. This follows the largest outflow from May 1, which reached $563.7 million. Here’s a breakdown of the outflows: Fidelity’s FBTC and ARK 21Shares’ ARKB both saw significant outflows, totaling $169.6 million and $138.3 million, respectively. […]
Whales have begun accumulating FWOG, a frog-themed meme coin that was launched just four months ago, driving its price to a new all-time high. In the last 24 hours, FWOG surged by 21%, reaching $0.369 and pushing its market capitalization above $350 million for the first time. This made it the top-performing asset among the […]
Michigan State Pension Fund Makes First Ethereum ETF Purchase, Becomes Top Holder of Grayscale ETH ETFs Michigan’s state pension fund made headlines by becoming the first to purchase Ethereum exchange-traded funds (ETFs), acquiring shares from two funds offered by Grayscale. According to a filing with the Securities and Exchange Commission (SEC), Michigan has now become […]
Riot Platforms, one of the largest Bitcoin mining and digital infrastructure firms, reported a 23% increase in total Bitcoin mined in October. The company announced on November 4 that it had mined 505 BTC during the month, a notable rise from the 412 BTC produced in September. This marks Riot’s best monthly production since the […]
Dogecoin’s price remained resilient on Monday, outperforming other major cryptocurrencies as traders focused on the upcoming U.S. presidential election on Tuesday. The largest meme coin in the crypto space, Dogecoin (DOGE), rose to $0.1570, reflecting a 10% increase from its Sunday low. Some analysts see further upside potential for Dogecoin, pointing to strong technical indicators […]
The TON Accelerator, an incubator for The Open Network (TON) blockchain, has launched a new initiative designed to foster innovation and drive adoption within the TON ecosystem. On November 4, the accelerator revealed a $5 million program to support selected projects building on the TON blockchain. The initiative is backed by TON Ventures and Mantle […]
Toncoin’s price continued its downward spiral on Monday, with a significant sell-off as most tap-to-earn tokens on its network saw sharp declines and burn volume dwindled. Toncoin (TON) dropped to $4.90, a 41% decline from its peak earlier this year. It has also fallen nearly 30% since August 24, the day its founder, Pavel Durov, […]
OSL Group has reached an agreement to acquire an 81.38% majority stake in CoinBest, a Japan-based cryptocurrency exchange licensed by the Financial Services Agency (FSA), signaling its official entry into the Japanese crypto market. In a press release on November 4, OSL, a licensed crypto operator based in Hong Kong, revealed that the acquisition, facilitated […]