News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.
The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
The latest price moves in crypto markets in context for July 21, 2023.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the "digital asset" category, which some say bodes ill for DeFi.
Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.
- 08:52THORChain plans to tackle $200 million debt crisis with publish equity stake tokenOn February 3rd, according to reports, THORChain governance has passed a restructuring plan proposal, which plans to publish a new token named TCY (Thorchain Yield) with nearly $200 million of default debt converted into equity stake. The proposal includes minting 200 million TCY tokens and allocating 1 TCY token per dollar of default debt. The core team is expected to create a RUNE/TCY liquidity pool, providing $500,000 of liquidity, with TCY priced at $0.1 each, which will be supported by $5 million of treasury funds. TCY token holders have the right to permanently receive 10% of THORChain's revenue. Earlier, THORChain announced the launch of a 90-day restructuring plan to suspend THORFi lending and savings redemptions.
- 08:52DWF Labs partner: Prepare to gradually buy, pay attention to the reaction of US stocksOn February 3rd, Andrei Grachev, a partner at DWF Labs, stated on social media that he is preparing to gradually buy and "should wait a few more hours to see how the US stock market reacts. Everything is very dangerous now, be careful and DYOR."
- 08:51Whale "7Siblings" another address bought a total of 5382 ETH, today bought a total of 126 million USD ETHOn February 3rd, according to Lookonchain monitoring, another wallet of "7 Siblings" purchased 5,382 ETH ($14.5 million). Therefore, 7 Siblings has purchased a total of 50,429 ETH ($126 million) today. The last time 7 Siblings bought a large amount of ETH at the bottom was on August 6th, 2024, when the market crashed.