The decentralized finance analytics platform said that perpetual trading volumes on Aster were almost perfectly correlated to Binance volume.
The trader bagged nearly $2 million in profit by investing in the “4” memecoin shortly after Zhao’s social media post following a BNB Chain phishing incident.
Yield-bearing stablecoins will force traditional banks and legacy financial institutions to offer customers real yield on their deposits.
Asset manager VanEck attributed the broad decline in blockchain network revenue in September to lower volatility in the crypto markets.
Over $500 million in short liquidation pools sit between $2.89 and $2.73, putting XRP at risk of a sharp sell-off if the $3 support is not reclaimed.
The $300 billion record stablecoin supply may act as “rocket fuel” for the crypto market, while signaling a growing integration with global finance, industry watchers told Cointelegraph.
Sam Bankman-Fried claimed that handing over FTX to its current CEO was the “single biggest mistake” that prevented him from saving the exchange.
Bitcoin ETFs are the market’s “clearest sentiment barometer,” indicating an incoming breakout for “Uptober,” analysts told Cointelegraph.
Analysts were eying a “quick” Bitcoin breakout to $150,000, as ARK Invest’s Cathie Wood compared the Hyperliquid token’s performance to Solana during the previous crypto cycle.
Solid inflows into Bitcoin ETFs and a stellar start to the month drastically increase the chance for BTC to hit a new all-time high.