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Latest news from the Web3 ecosystem

ETH Staked Hits Record High Despite Price Dip

ETH Staked Hits Record High Despite Price Dip

Over 30% of Ethereum's circulating supply is now locked in staking, a new milestone. This occurs as the price of ETH experiences a downturn, indicating strong long-term confidence from stakers.

1 min read
Bitcoin Eyes Potential 20% Drop Amid Bearish Chart Signals

Bitcoin Eyes Potential 20% Drop Amid Bearish Chart Signals

Bitcoin's price is facing potential downward pressure as a bearish chart pattern emerges, coinciding with significant whale activity that could signal a further correction.

1 min read
Kraken and ICE Chat Partner for Enhanced Institutional Crypto OTC Trading

Kraken and ICE Chat Partner for Enhanced Institutional Crypto OTC Trading

Kraken's integration with ICE Chat provides institutional clients direct access to its deep OTC crypto liquidity, streamlining digital asset trading within existing financial workflows.

1 min read
Bitcoin Dips Below $70K Amid US Market Volatility

Bitcoin Dips Below $70K Amid US Market Volatility

Bitcoin's price struggles to maintain the $70,000 mark as macroeconomic indicators in the US introduce market uncertainty, prompting a review of recent price performance.

1 min read
Pumpfun Introduces Cashback Coins on Solana

Pumpfun Introduces Cashback Coins on Solana

Solana memecoin launchpad Pumpfun has launched 'Cashback Coins,' a new feature allowing creators to choose between offering trader cashback or retaining creator fees.

1 min read
Zora Introduces Attention Markets on Solana Blockchain

Zora Introduces Attention Markets on Solana Blockchain

Zora's new feature allows users to tokenize and trade "attention markets" on the Solana network, reflecting real-world trends and user engagement.

2 min read
Bitcoin Struggles Below $70K Amidst Negative Funding Rates

Bitcoin Struggles Below $70K Amidst Negative Funding Rates

Bitcoin's inability to surpass the $70,000 mark is linked to a negative funding rate and a downturn in the US tech sector. These factors are contributing to market pressure.

1 min read
CFTC Defends Prediction Markets Against State Lawsuits

CFTC Defends Prediction Markets Against State Lawsuits

The CFTC is actively intervening to protect prediction markets from state-level legal challenges, filing amicus briefs to support these platforms.

2 min read
Strategy and Bitmine Bolster Crypto Holdings Amid Market Downturn

Strategy and Bitmine Bolster Crypto Holdings Amid Market Downturn

Two prominent companies, Strategy and Bitmine, have significantly expanded their cryptocurrency treasuries, acquiring substantial amounts of Bitcoin and Ethereum despite prevailing market headwinds.

2 min read
Gemini Space Station Stock Falls Amid Executive Changes and Losses

Gemini Space Station Stock Falls Amid Executive Changes and Losses

Gemini Space Station experienced a significant 14% decline in its stock value following the announcement of substantial financial losses and a reshuffling of its executive team.

1 min read
Dragonfly Secures $650M Fund Amid Shifting Crypto VC Landscape

Dragonfly Secures $650M Fund Amid Shifting Crypto VC Landscape

Dragonfly has successfully closed a $650 million fund, signaling a strategic pivot in crypto venture capital towards real-world asset tokenization and institutional finance infrastructure.

1 min read
Dragonfly Closes $650M Fund to Bolster DeFi, Prediction Markets

Dragonfly Closes $650M Fund to Bolster DeFi, Prediction Markets

Venture capital firm Dragonfly has secured $650 million for its fourth fund, targeting investments in key Web3 sectors including stablecoins, decentralized finance, and prediction markets.

1 min read