April 17: Per data from HyperInsight Monitoring (via their Telegram channel), a major Bitcoin short position held by "Strategy Counterparty" now faces a floating loss of over $4.3 million (-220%) after BTC briefly spiked to nearly $76,000. The 40x-leveraged short is valued at $78.1 million, with a liquidation price of $76,380 — just $500 above current BTC levels. As of press time, the whale has not adjusted the position, which has posted a weekly loss of over $7.8 million. The short was initiated on April 1.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
As of May 26, Hyperinsight Monitoring (via Telegram channel @HyperInsight) reports that the ZEC/BTC trading pair has just hit a new all-time high (ATH). The rate first surged to a peak on May 20, then climbed further to reach a new record of 0.00895 on May 23. During this rally, two major whales on the Hyperliquid exchange opened fully opposing directional "ZEC/BTC" combination positions—each exceeding $70 million in size, and now acting as direct counterparties in the trade: 1. **BTC OG Insider Whale** (position opened May 22): - BTC Long (5x leverage): $38.6 million position size - ZEC Short (3x leverage): $34.6 million position size - Bet: Bitcoin will outperform Zcash (meaning the ZEC/BTC rate will decrease) - Current net profit: +$920,000 2. **Trader Evaded** (position opened May 24): - BTC Short (40x leverage): $40.2 million position size - ZEC Long (5x leverage): $32.2 million position size - Bet: Zcash will outperform Bitcoin (meaning the ZEC/BTC rate will rise) - Current net loss: -$2.55 million Following its May 23 peak, the ZEC/BTC rate immediately reversed, dropping 7.76% in roughly 24 hours and now trading at 0.00788. The early-positioned "BTC OG Insider Whale" locked in profits by anticipating the market move, while the later-entry "Trader Evaded" took a position directly against the rate’s peak and is currently facing significant pressure. Associated wallet addresses: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9 0x86523927bffeafe2e532f0218feb1f3c29f6120d HyperInsight Bot is now live. To auto-sync on-chain data, add @HyperInsightBot to your Telegram group, set it as admin, and enable message-sending permissions.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
This article examines why Shiba Inu will remain a meme coin despite the numerous projects launched in its ecosystem.
Shiba Inu has been turning heads with its significant developments that have led to the growth of its ecosystem. The rationale behind these moves is to transition SHIB from a meme coin into a utility project.
Shiba Inu Achievements For context, Shiba Inu launched in August 2020, initially focusing on becoming the biggest meme coin in the market, a title Dogecoin has held for several years.
However, everything changed a few months later, as the ecosystem team, led by its pseudonymous founder, Ryoshi, outlined a strategic vision that will potentially transition SHIB from a meme coin to a utility token.
Ever since, Shiba Inu has grown from just a token into an ecosystem, with significant projects like an L2 blockchain (Shibarium), a decentralized exchange (ShibaSwap), and games (Shiba Eternity, Agent Shiboshi, Shiboshi Rush, Lap Dog, and Shibridge).
Other Shiba Inu ecosystem-related projects include SHIB: The Metaverse and non-fungible tokens (Shiboshi and SHEboshi).
Only Factor Keeping SHIB As a Meme Coin Despite these notable achievements, one factor has kept SHIB in the realm of meme coins: its hefty supply.
Unlike most established utility cryptocurrencies like BTC, ETH, XRP, BNB, and SOL, Shiba Inu boasts a hefty circulating supply. This enormous supply is a characteristic common to only meme coins.
Notably, the circulating supply of Bitcoin, Ethereum, XRP, BNB, and Solana currently stands at 19.83 million, 120.59 million, 58.04 billion, 142.47 million, and 508.9 million, respectively.
The limited supply of these established cryptocurrencies makes them attractive to investors, potentially driving up their value. This is evident in the price surge of these assets over the past few weeks.
In contrast, Shiba Inu currently has a circulating supply of 589.25 trillion tokens, akin to most meme coins, which also have astronomical supplies.
This enormous supply of Shiba Inu dilutes the value of each SHIB, potentially making it difficult for the token to witness significant price spikes observed in other limited-supply assets like BTC, ETH, XRP, BNB, and SOL.
Therefore, for Shiba Inu to leave the realm of meme coins, the community must collectively burn a huge chunk of its supply.
Although 410.74 trillion SHIB has been incinerated so far, there is still a need for more burns due to the token’s 589.25 trillion astronomical supply.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Ethereum founder Vitalik Buterin recently offloaded billions in meme coins. This has brought back memories of how Buterin handled the Shiba Inu tokens that SHIB’s founder Ryoshi sent to him back in 2021.
Ethereum Founder Offloads Billions Of Meme Coins On-chain analytics platform Onchain Lens revealed in an X post that the Ethereum founder had sold 150 billion PUPPIES for 28.58 ETH ($114,480) and 1 billion ERC20 for $13,889 USDC. These are tokens that Vitalik received for free, as meme coin teams and the community are known for sending coins to the Ethereum founder.
This practice dates to as far back as 2021, when the Shiba Inu founder Ryoshi sent 500 trillion SHIB tokens, which represented half of the meme coin’s total supply. The Ethereum founder famously burned 450 trillion coins by sending them to a dead wallet, while he donated the remaining 50 trillion coins to help fight the COVID-19 pandemic at the time.
Since then, Vitalik has adopted a similar approach for every meme coin he receives. The Ethereum founder usually sells these coins and then donates the proceeds to charity. He had mentioned last year that he would truly prefer if these coins were sent directly to charity. Vitalik further advised community members to consider setting up a DAO and getting community members directly involved in decision-making.
The Ethereum founder added that the best thing for meme coins is if they can be maximally positive-sum for the world, and that it will be great to see moments when that actually happens. However, these transfers to Vitalik are often viewed as a means for these meme coins to increase their visibility.
Vitalik’s move with the SHIB tokens undoubtedly contributed to putting Shiba Inu in the spotlight. He burned those tokens just as the meme coin went on its legendary run in 2021, reaching its current all-time high (ATH) of $0.00008845 in the process.
A Peek Into Vitalik’s Public Wallet Arkham data shows that the Ethereum founder still has more meme coins in his pubic wallet, which he received from community members. His largest meme coin holding is currently Moodeng, which he holds 30 billion coins worth $518,000. Meanwhile, his largest crypto holding in value remains ETH. Vitalik holds 240,000 ETH worth just over $1 billion.
The Ethereum founder regained his on-chain billionaire status following ETH’s break above $4,000 last month. ETH eventually reached a new ATH in the process, which caused Vitalik’s wealth to surge briefly. However, the largest altcoin is currently struggling to hold above the psychological $4,000 level amid the recent crypto market downtrend.
At the time of writing, the Ethereum price is trading at around $4,200, up over 2% in the last 24 hours, according to data from CoinMarketCap.
ETH trading at $4,181 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Medium, chart from Tradingview.com
March 31 — Per on-chain detective ZachXBT’s monitoring, a Kraken user is suspected of falling victim to a social engineering attack, losing roughly $18.2 million. The attacker launched their operation roughly 45 minutes prior, using the SafePal wallet to transfer assets from the Ethereum network to Bitcoin’s network via the decentralized cross-chain protocol THORChain.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
14 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
14 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
14 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
14 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
14 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
TLDR: Oman launched Omanhash, a mandatory national Bitcoin mining pool for all licensed crypto miners in the country.
Enegix Global built Omanhash’s tech platform, marking its second sovereign mining pool mandate after Kazakhstan.
The pool targets 10 EH/s in its initial phase, pushing Enegix’s combined global hashrate to around 25 EH/s. Oman has invested over $700 million in mining and data center infrastructure in the Salalah Free Zone since 2022. Oman has launched Omanhash, a state-backed national Bitcoin mining pool requiring all licensed miners to participate.
The pool is a joint effort by the Ministry of Transport, Communications and Information Technology and Frontier Technologies LLC.
Enegix Global built the underlying technology platform and liquidity infrastructure. The move brings Oman’s growing mining sector under a centralized regulatory framework, consolidating an estimated 10 EH/s of hashrate in its initial phase.
Omanhash Brings Licensed Miners Under a Single Regulatory Framework Omanhash.om is the sole official mining pool for all licensed cryptocurrency mining companies in Oman. Under the approved regulatory framework, participation is mandatory for every licensed operator in the sultanate.
This gives the government direct visibility into mining revenue, energy consumption, and newly minted Bitcoin. The structure mirrors Kazakhstan’s model, where licensed miners report earnings to tax authorities through an automated system.
Frontier Technologies LLC, an Omani blockchain and Web3 company, manages and operates the pool alongside Enegix Global.
Enegix serves as the technical and liquidity provider, making Omanhash its second sovereign mining pool contract.
The company also operates btcpool.kz in Kazakhstan and 21pool.io internationally. Combined, Enegix’s pool operations now reach approximately 25 EH/s across its full portfolio.
Olzhas Amirov, Chief Business Development Officer of Enegix Global, explained the broader rationale behind the sovereign mandate. “Governments that want to regulate digital mining effectively need a partner who can deliver both the technical infrastructure and the institutional credibility to operate at that level,” Amirov said.
He added that clear licensing frameworks help miners operate legally, avoid punitive taxation, and maintain transparent communication with regulators. Enegix has set a target of growing its combined pool hashrate to 30 EH/s.
Gauhar Kagira, Director of Enegix Mining Pool, described the launch as a milestone for how sovereign states engage with Bitcoin mining as a strategic industry.
“Omanhash.om is a significant milestone — not just for Oman, but for how sovereign states engage with Bitcoin mining as a strategic industry,” Kagira stated.
He noted that Oman is among the first countries in the region to introduce a structured regulatory framework for miners. The technical execution of the launch was led by Enegix Global.
Oman’s $700 Million Mining Push Enters a New Phase Oman has been one of the most active Middle Eastern jurisdictions for industrial-scale mining investment since 2022. The Ministry launched a $370 million hydro-cooled mining facility in the Salalah Free Zone that same year.
A second major facility followed in 2023, pushing total investments in the free zone past $700 million. Alps Blockchain, an Italian firm, also brought a 150 MW facility in Salalah to full operation in mid-2025.
Omanhash represents the next chapter in Oman’s digital infrastructure strategy. Rather than restricting or banning mining, the government has embedded the activity within its broader economic diversification agenda.
The mandatory pool consolidates existing capacity into a transparent, trackable national architecture. This approach contrasts sharply with jurisdictions that have imposed outright bans or heavy tax burdens on crypto mining.
Yersaiyn Nurtoleuov, Chief Product Officer of Enegix Global, addressed the company’s growth targets following the Oman launch. “With this addition, our combined pool hashrate reaches approximately 25 EH/s. Our target is 30 EH/s — and we are actively building the infrastructure and partnerships to get there,” Nurtoleuov said.
He noted that each new sovereign mandate strengthens both capacity and credibility as an institutional-grade operator. Enegix confirmed it is actively pursuing additional partnerships to reach that milestone.
Oman’s regulatory model could serve as a reference point for other resource-rich nations considering structured mining frameworks.
The combination of mandatory participation, transparent reporting, and state-backed infrastructure creates a governed environment for Bitcoin production.
Omanhash positions Oman not just as a mining destination, but as a country formally integrating Bitcoin mining into national economic policy.
Amirov concluded that the Kazakhstan experience proved the model works, and Oman is now the clearest confirmation of that.
PANews, June 19 – According to ForkLog, Oman has launched a national crypto mining pool, requiring all licensed cryptocurrency miners in the country to connect to and operate through this pool. The project is led by Oman’s Ministry of Transport, Communications and Information Technology, in partnership with Frontier Technologies, with Enegix Global providing the technology platform and liquidity infrastructure. The initial phase of the mining pool aims to integrate approximately 10 EH/s of computing power. Since 2022, Oman has invested over $700 million in mining and data center infrastructure in the Salalah Free Zone, including a water-cooled mining facility valued at approximately $370 million.
pSTAKE Finance, backed by Binance Labs and a prominent figure in the liquid staking sector, is set to introduce a novel liquid staking solution for Bitcoin, constructed on Babylon's framework. This development marks a significant extension of pSTAKE's offerings beyond its initial focus area within the Cosmos network, where it first introduced liquid staking in 2021.
In a strategic partnership with Babylon, pSTAKE Finance aims to streamline the staking process, thus enabling Bitcoin holders to engage in yield-generation activities without sacrificing the liquidity of their assets. This approach is anticipated to optimize yield opportunities for users and expand the utility of Bitcoin within the broader digital asset ecosystem.
Persistence Labs co-founder and CSO Mikhil Pandey noted that the initiative is poised to enhance Bitcoin's role within today's DeFi landscape by offering simple, efficient financial products. “Bitcoin's future has never been so exciting, with simple BTC-first financial products anticipated to bring much-needed liquidity and utility to today's DeFi landscape,” Pandey noted.
Fisher Yu, Co-founder of Babylon, highlighted the synergistic nature of the collaboration, aiming to propel Bitcoin into the future of finance. “By integrating our BTC staking protocol, we're enabling pSTAKE to simplify and amplify the yield generation process for Bitcoin holders,” Yu explained. He emphasized that the collaboration illustrates their commitment to enhancing Bitcoin's utility and liquidity, paving the way for a Bitcoin-powered DeFi ecosystem.
Historically, liquid staking was predominantly associated with Ethereum. However, Babylon's infrastructure is set to democratize access to similar yield generation and staking rewards opportunities for Bitcoin users.
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Technological innovations within the Bitcoin ecosystem, such as Bitcoin Layer-2 solutions, are gradually shaping Bitcoin into a yield-bearing asset. These advancements, alongside Babylon's native Bitcoin staking capabilities, are expected to foster a diverse range of yield-generation avenues for Bitcoin in the near future.
BTC deposits on the pSTAKE platform are slated to commence in the coming weeks, marking a significant milestone in the availability of staking solutions for Bitcoin holders. David Tse, founder of Babylon, appeared on a recent episode of the SlateCast, where he outlined the power of Bitcoin staking as a tool to secure other blockchains.
This week marks an exciting period for the crypto market, with key events expected to drive market sentiment. At the forefront are the highly anticipated remarks from Federal Reserve Chair Jerome Powell and a significant $100 million token unlock by SUI.
These developments and updates from the decentralized finance (DeFi) and blockchain spaces are poised to impact investor behavior and market performance.
EigenLayer Prepares for EIGEN Token Transferability This WeekRestaking protocol EigenLayer will remove transfer restrictions on its EIGEN tokens on September 30. This new feature aims to allow EIGEN holders to trade and transfer their staked rewards.
“Please note that if your EIGEN is currently staked, there is a 7-day withdrawal period for unstaking EIGEN,” the team added.
This marks a critical moment for EigenLayer. According to DefiLlama, EigenLayer holds over $12 billion in total value locked (TVL) at the time of writing. This figure makes it the second-largest DeFi platform by TVL.
Read more: What Is EigenLayer?
EigenLayer TVL. Source: DefiLlamaOn Monday, Jerome Powell, the Federal Reserve Chair, will participate in a moderated discussion at an economic conference. This event marks his first appearance since the Fed’s 50-basis-point interest rate cut on September 18.
Powell is expected to provide insights on the central bank’s future policy direction. This insight will have implications for both traditional financial markets and the cryptocurrency space.
BeInCrypto reported that the Federal Reserve’s decision to cut rates for the first time since 2020 has already stirred investor interest. Since the decision, Bitcoin (BTC) has been trading near key resistance levels around $64,000.
Mithil Thakore, CEO and co-founder of Velar, noted that a break above $64,000 could lead Bitcoin to a smoother ascent toward its previous highs of around $74,000. Thakore remarked that major macro factors, including global conflict risks and the US presidential election, could also affect the market.
“Markets don’t like uncertainty. For this reason, shrewd traders will seek to hedge exposure to BTC going into Q4. Given the likelihood of high volatility in the short term, traders who are bullish on BTC would do well to look to the options market and take out calls rather than playing with perpetuals,” he told BeInCrypto.
DeFi Kingdoms Partners with Metis L2 for PvP Game Colosseum LaunchOn October 2, DeFi Kingdoms will introduce its Colosseum game on the Metis Layer-2 (L2) network. This major development includes player-versus-player (PvP) private battles, an influence system, and an NFT marketplace. These features are designed to enhance user engagement and promote competitive gameplay.
“Players will be able to stake their Heroes to gain ‘Influence,’ granting them passive rewards and XP! Additionally, players can use their Influence to predict the winners of Bouts and be rewarded!” The DeFi Kingdoms team said.
The partnership with Metis allows DeFi Kingdoms to accelerate the development of PvP features while bringing added rewards in the form of METIS tokens. The team highlighted the long-term advantages, noting that the partnership with Metis would enable them to speed up certain timelines. This includes the timeline for PvP, which they now expect to deliver to their players earlier and with more features than initially planned.
Avalanche to Launch Major Network Upgrade: Avalanche9000In October, Avalanche will undergo its most significant network upgrade yet, known as Avalanche9000. This upgrade aims to enhance the scalability, security, and performance of the Avalanche blockchain, particularly for developers building Layer-1 (L1) chains.
On its official website, the Avalanche team explained that the upcoming changes will make it easier for developers to customize their blockchain infrastructure. This reduction in technical complexity and economic barriers will enable more projects to launch L1 chains on the blockchain.
Avalanche9000 will also introduce enhanced regulatory compliance options. These options include built-in geo-restrictions and custom permissions, helping projects align with global regulatory standards. The new upgrade will include better support for open and permissionless validator sets, which contributes to increased decentralization and security across the network.
As part of this upgrade, Avalanche is looking to attract more builders to its ecosystem by offering developer incentives and rewards. The upgrade includes access to a testnet environment, where developers can experiment with new ideas and innovations before deploying them on the mainnet.
SUI and Other Major Token Unlocks This WeekOne of the most significant events this week is SUI’s $100 million token unlock. SUI will release 64.19 million tokens to early contributors and investors, as well as its treasury. This amount represents 2.4% of its circulating supply.
Other notable token unlocks include DYDX, which will release $8.9 million worth of tokens. Similarly, MAV will also unlock $8.47 million in tokens.
Read more: Everything You Need to Know About the Sui Blockchain
SUI Token Unlock. Source: token.unlocksToken unlocks often present both opportunities and risks for investors, as the sudden influx of liquidity can trigger volatility. As the week progresses, traders will be closely watching how the market reacts to these token releases. Market participants are advised to stay cautious, as these unlocks could significantly impact short-term prices.
renBTC is an ERC-20 token built on the Ethereum network, pegged to Bitcoin. This means that each RENBTC can always be used for a Bitcoin, and thus tends to maintain its value close to the Bitcoin market rate.
What is renBTC (RENBTC)?RenBTC is minted on the Ren platform, an open protocol that grants everyone the right to access cross-blockchain liquidity and helps bring assets from other blockchains to Ethereum decentralized applications (DApps). The main supported cryptocurrencies are Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC).
The RenBTC token is a direct competitor to Wrapped Bitcoin (wBTC). Minting the token is a relatively simple process, requiring users to send their BTCs to RenVM.
Unlike other Bitcoin-backed tokens, renBTC is not a synthetic token and does not rely on any liquidation mechanism to maintain its value tied to BTC. Instead, it is a direct supply fix, meaning there is always sufficient BTC in reserve to match the circulating renBTC supply.
The key difference between RenBTC and other Bitcoin tokens is the token’s fluid value exchange. RenVM does not store any Bitcoin in a centralized custody platform, instead, it uses a decentralized node network called Darknodes. Users can mint tokens at any time without having to complete KYC. The protocol can handle hundreds of transactions per minute and never gets overloaded.
Additionally, RenVM can be directly integrated into numerous decentralized applications using special adapters provided by Ren. This means a user can directly use Bitcoin (via RENBTC) in a decentralized exchange (DEX) or a lending platform without going through any procedure.
renBTC Coin can be bought quickly and safely through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy renBTC Coin, one must first become a member of Binance and then send fiat currency. After sending a fiat currency such as the US Dollar, purchasing renBTC Coin can be done by trading Bitcoin (BTC) and Ethereum (ETH) in the renBTC trading pair.
Additionally, on Binance, users can place a purchase order at a price lower than the market value. For this, using the Limit tab and entering the desired amount and price you want to buy will suffice.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Yearn Finance launched yvUSD on January 19, 2026. It’s a V3 cross-chain, cross-asset stablecoin vault, not a simple USDC-only vault, with zero management fees, zero performance fees, and two deposit modes. At the time of writing it runs nine active yield strategies, though that number is dynamic and managed by the vault operator. If you’ve been watching the stablecoin yield space this year, those numbers alone probably caught your attention. Zero fees on a yield aggregator is unusual. Strategies spanning lending, fixed income, and points farming is ambitious. And the two-mode system (unlocked vs. locked) is a design choice I haven’t seen done quite this cleanly before.
This article breaks down how the vault actually works, where the yield comes from, what the risks look like in practice, and how it stacks up against the alternatives. I’ve tried to write the kind of analysis I’d want to read before putting real money into this thing.
What yvUSD is, mechanically At the contract level, yvUSD is a Yearn V3 Allocator Vault. That means it’s an ERC-4626 compliant smart contract that accepts USDC deposits on Ethereum mainnet, mints shares proportional to your deposit, and then deploys that capital across a portfolio of yield-generating strategies spanning multiple stablecoins and chains. Yearn’s own announcement describes it as “a cross-chain, cross-asset vault for best in class stablecoin yield.” The deposit token is USDC, but the vault’s strategies convert into sUSDS, siUSD, and other stablecoin derivatives as part of normal operation.
ERC-4626 matters here because it’s become the standard interface for tokenized vaults in DeFi. Any protocol that supports 4626 can plug into yvUSD without custom integration work. Your shares are yield-bearing ERC-20 tokens, which means they’re transferable, composable, and can be used as collateral elsewhere if a lending market accepts them.
The V3 architecture is a big upgrade from Yearn’s V2 system. In V2, strategies were locked to a single vault in a one-to-one relationship. In V3, strategies are themselves standalone ERC-4626 compliant contracts, Yearn calls them “Tokenized Strategies.” Per Yearn’s V3 docs: “strategies are now fully ERC-4626 compliant, stand-alone vaults” that “can now be connected to many different vaults simultaneously and can also be deposited into directly by an end user.” This is a meaningful architectural change: strategies can serve multiple allocator vaults, and users can deposit into individual strategies directly if they want to bypass the allocator entirely.
The practical implication: yvUSD’s current strategies are modular. They can be added, removed, or rebalanced without migrating the entire vault. The Debt Allocator contract handles capital distribution across strategies based on target allocations set by the vault manager, and an on-chain APR Oracle helps inform those allocation decisions.
Vault specs as of March 13, 2026:
Asset: USDC (Ethereum mainnet, cross-chain via Circle’s CCTP) TVL: $3.02M Fees: 0% management, 0% performance Risk score: 3/5 (Yearn’s self-assessment) Contract: 0x696d02Db93291651ED510704c9b286841d506987 (per the Yearn UI vault page; note that yvUSD may use multiple contracts across its allocator and strategy architecture, always verify the address you’re interacting with on yearn.fi directly) The unlocked/locked design This is the architectural decision that distinguishes yvUSD from a standard Yearn vault. When you deposit, you choose between two modes.
Unlocked gives you withdrawal access at any time, subject to the vault’s liquidity buffer. At the time of writing, the displayed estimated APY is around 7.14%, but this number is a trailing estimate that fluctuates based on strategy performance, incentive programs, and capital allocation. The Yearn UI may show substantially different numbers depending on the calculation window (7-day, 30-day, inception). Don’t treat any displayed APY as a fixed rate. The vault ensures it always has enough capital parked in short-duration, liquid strategies (sUSDS, basic Morpho lending) so that unlocked depositors can exit without delay.
Locked imposes a 14-day cooldown period after you signal your intent to withdraw, followed by a 5-day window during which you can actually pull your funds. In exchange, the vault can deploy your capital into longer-duration positions that pay more, things like Pendle principal tokens with fixed maturities, deeper leverage loops on Morpho, and cross-chain L2 plays.
The idea borrows from a concept that InfiniFi (one of the protocols integrated into the vault) has been developing: depositor-directed duration matching. Traditional banks take deposits and invest them into long-duration assets while hoping everyone doesn’t withdraw at once. yvUSD instead lets depositors explicitly reveal their liquidity preferences, then builds the portfolio accordingly. Locked capital funds the higher-yield, longer-duration strategies. Unlocked capital stays in liquid backstops. The vault knows exactly how much of its capital has a 14-day minimum lockup, which means it can allocate with more precision than a vault that has to assume 100% of deposits might leave tomorrow.
It’s a clean tradeoff, and worth thinking through carefully. If you’re not sure you’ll need the money in the next three weeks, locked mode is strictly better. If there’s any chance you’ll need fast access, stay unlocked and accept the lower rate.
Active strategies: where the yield comes from Everything is published on-chain, and the DeBank bundle shows live positions in real time. The vault currently runs nine strategies (this count is dynamic and managed by the vault operator). Here’s the approximate allocation as of March 13, 2026.
Morpho Yearn OG USDC Compounder (28% allocation, ~3.81% APY) This is the vault’s largest single position and its most conservative strategy. It deposits USDC into Morpho Blue’s isolated lending markets, specifically into markets curated by Yearn’s own risk team.
Morpho Blue, for those unfamiliar, is a permissionless lending primitive that launched as an evolution of Morpho’s original peer-to-peer optimization layer. Each Morpho Blue market is an isolated pair (one collateral asset, one loan asset) with immutable parameters. Risk doesn’t bleed between markets the way it can in pooled protocols like Aave. The tradeoff is that you need to pick your markets carefully, or delegate that decision to a curator.
The 3.81% APY comes from borrower interest. It’s real yield in the most traditional DeFi sense: someone is paying to borrow USDC, and you’re earning a share of that interest. Conservative, predictable, and the risk profile is well-understood after years of lending protocol history.
USD3 Pendle PT Maxi (20% allocation, ~7.99% APY) This is where the vault’s yield starts to get interesting. The strategy buys Pendle Principal Tokens (PTs) denominated in USD3 at a discount to face value and holds them to maturity.
A quick primer on how Pendle PTs work. Pendle splits a yield-bearing asset into two tokens: a Principal Token (PT) that’s redeemable 1:1 for the underlying at maturity, and a Yield Token (YT) that captures all the variable yield until that date. If you buy PT at a discount before maturity, you’ve effectively locked in a fixed yield, the spread between your purchase price and the redemption value.
So if PT-USD3 trades at $0.96 with a 6-month maturity, buying it and holding to expiration gives you roughly 8% annualized. No variable rate risk, no dependency on borrow demand staying high. The yield is encoded in the purchase price.
The risk here is duration. If the vault needs to exit this position before maturity, it has to sell the PT on the open market, potentially at a loss if rates have moved against it. This is one of the key reasons the locked/unlocked design exists. Locked capital can ride PTs to maturity. Unlocked capital stays out of these positions (or the vault maintains enough liquid buffer to cover unlocked withdrawals regardless).
Pendle has become a dominant venue for this kind of fixed-income DeFi. According to CoinMarketCap’s Pendle analysis, stablecoins now account for roughly 83% of Pendle’s TVL. The protocol also transitioned from vePENDLE to a liquid staking model (sPENDLE) on January 20, 2026, replacing multi-year lock-ups with a 14-day withdrawal period and directing up to 80% of protocol revenue to PENDLE buybacks for sPENDLE holders.
InfiniFi sIUSD Morpho Looper (19% allocation, 0% base APY) This is the most unusual position in the vault, and the one that confuses people when they look at the strategy list. It shows 0% APY. Why would the vault put 19% of its capital into something earning zero?
The answer is points farming.
InfiniFi is a DeFi protocol that replicates fractional reserve banking on-chain. Users deposit USDC, mint iUSD receipt tokens, then choose between liquid staking (siUSD) or locked positions (liUSD) with different yield profiles. Per DefiLlama, InfiniFi holds roughly $170M in TVL, and Messari reports $175M. The protocol is heading toward a token generation event (TGE) expected in early-to-mid 2026.
The vault deposits into InfiniFi, receives siUSD, then loops that position through Morpho to amplify its exposure. The 0% base APY is accurate in that no interest is being paid right now. But InfiniFi Points are accruing on the position, with enhanced multipliers for the strategies involved. Pendle’s siUSD pools are offering up to 4.5x point multipliers on YT positions.
When InfiniFi’s TGE happens, Yearn will monetize the accumulated points, likely through their signature permissionless Dutch auction system or OTC deals, and funnel the proceeds back into the vault. Your price-per-share goes up, and the retroactive APY on this strategy could end up being substantial. Or it could be modest. Nobody knows what InfiniFi tokens will be worth at launch.
This is the speculative component of the vault, and you should be clear-eyed about it. About 19% of the vault’s capital is sitting in a position that earns nothing today, betting on future token value. Yearn has historically been good at monetizing these positions (they’ve been doing it since the Curve wars era), but it’s still a bet, not a guaranteed yield stream.
USDC to sUSDS Depositor (10% allocation, ~3.82% APY) This strategy converts USDC to USDS, Sky Protocol’s stablecoin, and deposits it into the Sky Savings Rate module, receiving sUSDS in return. USDS is positioned as the successor to DAI within the Sky ecosystem (formerly MakerDAO), with a 1:1 upgrade path from DAI to USDS. Both tokens still exist; DAI has not been retired or renamed, but USDS is where Sky Protocol is directing new development and integrations.
The Sky Savings Rate is funded by Sky Protocol’s revenue, which comes from crypto collateralized loans, U.S. Treasury bill investments, and liquidity provisioning into SparkLend. As of March 2026, sUSDS yields around 4% APY. Sky Frontier Foundation’s own press release from March 6, 2026 describes sUSDS as having “+$10 Billion in supply,” making it the largest yield-generating stablecoin by market cap. (Note: this $10B figure refers to total sUSDS tokens in circulation, not to be confused with the larger DAI/USDS base stablecoin supply.)
For the vault, sUSDS serves a dual purpose. It generates reliable baseline yield (Sky Protocol’s revenue model is diversified and has operated for years under its prior MakerDAO branding), and it’s highly liquid with no withdrawal constraints. This is part of the vault’s liquidity buffer, the safe money that ensures unlocked depositors can always exit.
The risk here is mostly stablecoin peg risk: USDS could theoretically depeg from the dollar, or the conversion path USDC to USDS could involve slippage. In practice, USDS has maintained its peg reliably through years of market stress as DAI, and the conversion path is well-established.
syrupUSDC/USDC Morpho Looper (10% allocation, 0% base APY) Similar to the InfiniFi strategy, this position earns 0% in direct interest but farms points from Maple Finance’s syrupUSDC program. It’s a leveraged lending position on Morpho that amplifies exposure to Maple’s rewards program.
Maple has been rebuilding after its 2022 credit crisis, and syrupUSDC represents their new institutional lending product. The points here are a bet on Maple’s token economics and the value of being early to their relaunched ecosystem.
Same logic as the InfiniFi position: no yield today, speculative upside tomorrow. Same honest assessment: it could pay off well, or it could amount to very little.
PT siUSD March Morpho Looper (6% allocation, ~10.8% APY) This is the highest-APY strategy in the vault. It buys Pendle PT-siUSD tokens (which mature March 26, 2026) and leverages the position through Morpho to amplify the fixed yield.
The base PT yield is attractive on its own, around 9% fixed according to InfiniFi’s Pendle V2 pool data. The Morpho loop borrows against the PT position to buy more PTs, stacking the fixed yield. If the PT yield is 9% and you can borrow USDC at 4%, the spread gets amplified through leverage.
The risk here is compounded: you have PT duration risk, Morpho liquidation risk if collateral ratios move unfavorably, and the underlying InfiniFi counterparty risk, all stacked. At only 6% of the vault, this is sized as a satellite position rather than a core holding, which seems appropriate given the risk stack.
Smaller allocations (remaining ~7%) Three additional strategies round out the portfolio. The exact compositions shift as the vault rebalances, but they generally involve smaller Morpho lending positions and additional PT exposures across different maturities. They provide diversification within the strategy mix without materially changing the overall risk profile.
Where the APY numbers actually come from Here’s the honest version of what to expect.
Sustainable baseline (unlocked): roughly 6-8% APY, estimated. This range is derived from the combination of Morpho lending (~3.8%), Pendle PT strategies (~8-10%), and sUSDS (~3.8%), blended across the portfolio. Even if every points program goes to zero, this baseline should hold because it’s driven by real borrow demand, fixed-income instruments, and protocol revenue. It already beats Aave’s 3-5% and Morpho direct lending’s 4-8% after their respective fee structures. But this is an estimate based on current allocations. It is not a guaranteed rate, and it will shift as strategies are rebalanced and market conditions change.
Points premium: highly variable. The InfiniFi and syrupUSDC strategies (about 29% of the vault combined) are currently earning zero direct yield. Their eventual contribution depends entirely on token launch valuations and Yearn’s monetization execution. In a good scenario, this could add several percentage points to the annualized return. In a disappointing scenario, it might add very little.
The 54.4% 30-day APY on the vault page is misleading. It includes temporary launch incentives and early points monetization events that won’t recur. If you’re making a deposit decision based on that number, recalibrate. Plan around 6-8% and treat anything above that as a bonus.
How Yearn monetizes points (and why it matters that you don’t have to) This is one of the smartest parts of the design, and it’s worth understanding.
When you deposit into yvUSD, all points and reward tokens accrue to the vault’s contract address, not to your wallet. You never claim anything. You never pay gas to harvest. You never have to research which airdrop campaigns are running or track eligibility criteria.
When a points program converts to tokens (at TGE or during a liquidity event), Yearn’s system handles monetization. They typically use one of two mechanisms: OTC deals with market makers who want early token access, or their permissionless Dutch auction system where tokens are sold on-chain in a declining-price auction until clearing.
The proceeds flow back into the vault as additional USDC. Your share of that USDC shows up as an increase in the vault’s price-per-share (PPS). From your perspective, your yvUSD tokens are simply worth more when you redeem them.
The tradeoff is real, though. If InfiniFi’s token launches and immediately does a 50x, you don’t capture that upside, because Yearn sold the tokens at whatever price cleared the auction. You traded potential token moonshot exposure for guaranteed passivity. For most people holding stablecoins, that’s the right tradeoff. But if you’re the type who wants to hold and time individual airdrops, yvUSD isn’t designed for you.
Risk analysis Yearn rates yvUSD at 3/5 on their internal risk scale. That’s an honest number, not a conservative one. Here’s what’s driving it.
Smart contract risk: medium-high Multiple strategies (nine at the time of writing, subject to change) means a large set of smart contracts interacting with the vault. Each strategy interfaces with at least one external protocol (Morpho, Pendle, InfiniFi, Sky). The total smart contract surface area is large. Yearn’s V3 codebase has been audited and has processed hundreds of millions in TVL across other vaults, but the specific strategies in yvUSD are newer and less battle-tested.
A bug in any single strategy could result in losses to the portion of capital deployed there. Yearn’s architecture does provide some containment, since strategies can be revoked and capital recalled if issues are detected, but forced revocation during an exploit can still crystallize losses.
Leverage risk: present The Morpho looper strategies (InfiniFi looper, syrupUSDC looper, PT siUSD looper) use leverage. They borrow against their positions to amplify exposure. In normal markets, this amplifies yield. In stressed markets, it amplifies losses and can trigger liquidation.
Morpho’s isolated market design means a liquidation in one market doesn’t cascade into others, which is meaningfully better than pooled alternatives. But if a borrowed position hits its LLTV (Liquidation Loan-to-Value) threshold at oracle prices, the collateral gets sold. For looped positions, this can unwind rapidly.
Duration risk: present (especially in locked mode) Pendle PT strategies have fixed maturities. The USD3 Maxi position and the PT siUSD looper are both committed to specific expiry dates. If conditions change and the vault needs to exit early, it has to sell at market prices, which may be unfavorable.
The locked/unlocked design mitigates this significantly. Locked capital is deployed into duration-sensitive strategies with the explicit understanding that it won’t be withdrawn for at least 14 days. Unlocked capital avoids these positions. But if a large amount of unlocked capital tries to exit simultaneously and the liquid buffer is insufficient, there could be withdrawal delays.
Counterparty risk: moderate The vault depends on InfiniFi, Sky Protocol, Pendle, and Morpho functioning correctly. Each of these is a separate protocol with its own governance, codebase, and risk profile.
InfiniFi, in particular, is the youngest and least proven of the group. It has roughly $170M TVL per DefiLlama and a pre-TGE token, meaning its incentive structures are still evolving. Sky Protocol (the rebranded MakerDAO ecosystem) is at the opposite end of the spectrum, one of the most established DeFi protocols in existence.
Bridge risk: low Cross-chain activity uses Circle’s CCTP (Cross-Chain Transfer Protocol), which burns and mints native USDC rather than relying on wrapped tokens or bridges with independent validator sets. CCTP is widely regarded as the safest cross-chain mechanism for stablecoins, since it leverages Circle’s own attestation network. The risk isn’t zero (Circle is a centralized entity), but it’s meaningfully lower than most bridge alternatives.
Competitive landscape Aave V3 Morpho direct yvUSD (unlocked) yvUSD (locked) Expected APY 3-5% 4-8% 6-8% sustainable Higher (not disclosed) Fees Variable Curator-dependent 0% / 0% 0% / 0% Withdrawal Instant Instant Instant (with buffer) 14-day cooldown Smart contract risk Very low Low-medium Medium-high Medium-high Leverage exposure None None Yes (partial) Yes (more) Effort required None Low None None Points/airdrop exposure None Possible (via curator) Yes (passive) Yes (passive) Aave remains the obvious choice if you want the simplest, most proven option. Five years of operation, enormous TVL, instant withdrawals. The yield reflects that safety, you’re paying for simplicity with lower returns. Currently around 3-5% on USDC after the protocol’s fee cut.
Morpho direct lending (via curated MetaMorpho vaults) gives you 4-8% with more granular risk selection. You choose which vault, which curator, which risk profile. The recent Telegram integration and institutional partnerships suggest Morpho’s distribution is expanding, which should sustain borrow demand. But you’re trusting a curator’s allocation decisions, and the newer isolated markets have a shorter track record.
yvUSD sits at the higher end of both yield and complexity. The 6-8% sustainable baseline comes from combining multiple yield sources that individually would be accessible but tedious to manage. The zero-fee structure means every basis point of yield goes to depositors, which is rare for an aggregator. Yearn’s V2 vaults charged 2% management and 20% performance fees. The V3 yvUSD vault charges nothing.
The competitive question is whether the additional 2-4% yield over Aave justifies the additional risk surface. For someone sitting on stablecoins they don’t need for three months, I think the answer is probably yes, especially in unlocked mode where you retain withdrawal flexibility. For someone who can’t tolerate any smart contract risk beyond the most battle-tested protocols, Aave is still the right call.
Projected returns on $100K Assuming daily compounding:
Timeframe Conservative 7% APY Boosted ~40% APY (temporary) 1 month ~$583 ~$3,300 3 months ~$1,750 ~$10,000 6 months ~$3,500 ~$20,000 12 months ~$7,000 N/A (won’t persist) The 7% column is your planning number. The boosted column is useful for understanding what the first few weeks or months might look like while incentive programs are active, but don’t build a financial plan around it.
Getting started Navigate to yearn.fi/v3/1/0x696d02Db93291651ED510704c9b286841d506987 Connect your wallet Choose unlocked or locked mode Deposit USDC and receive yvUSD shares There is no step 5. No claiming, no harvesting, no rebalancing. Your PPS increases as the vault accrues yield. To monitor positions: DeBank transparency bundle
What’s next: yvBTC Yearn has signaled that yvBTC is coming, following the same zero-fee, cross-chain, delta-neutral philosophy applied to Bitcoin. If yvUSD proves the model works for stablecoins, yvBTC would extend it to the most held crypto asset. Worth watching, though no timeline has been confirmed.
Where I land yvUSD is a well-designed product for a specific user: someone holding USDC who wants more than money-market rates, doesn’t want to actively manage positions across five different protocols, and is comfortable with a 3/5 risk profile in exchange for 6-8% passive yield.
The zero-fee structure is the detail that moves it from “interesting” to “worth seriously considering.” In most yield aggregators, fees eat 20% or more of your returns. Here, every basis point goes to depositors. That’s a meaningful edge over time.
The risk is real. Multiple strategies, leverage in the mix, points bets on pre-TGE tokens, duration exposure in Pendle PTs. None of this is Aave-simple, and the vault page doesn’t hide that (the 3/5 self-rating is refreshingly honest). But the risks are transparent, verifiable on-chain, and sized proportionally within the portfolio. The conservative core (Morpho lending + sUSDS) accounts for nearly 40% of the vault. The speculative tail (points farming) accounts for about 29%. The fixed-income middle (Pendle PTs) fills the rest.
If you’re comfortable with that structure, deposit what you can afford to have illiquid for a couple of weeks in the worst case. Start with unlocked mode if you’re cautious. And check the DeBank bundle periodically to verify the vault’s positions match what’s described here, because in DeFi, the ability to verify is the whole point.
This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and understand the risks before making any investment decisions.
Rarible rallied 94.5% in the past 24 hours. CoinMarketCap data showed that the $7.27 million market cap token saw a 20-fold increase in daily trading volume.
The high volume was unable to break the $0.5 resistance, and the price was down to $0.35 at the time of writing.
As the native token of the Rarible NFT platform, Token Terminal data showed that onchain user counts were quite small. The metrics didn’t grow over time, either.
The token holders count has stayed at 24.4k-24.6k over the past year, and the active weekly users have been under 1,000 since April 2023. The platform’s NFT sales volume was also quite small.
Price analysis shows a year-long downtrend for RARI Source: RARI/USD on TradingView The bearish structure breaks since November were nothing new. Since January, RARI prices have been trending downward.
The CMF, which briefly climbed above +0.05, had previously climbed past the same benchmark in December 2024.
The OBV’s upward spike reflected the heavy trading volume during the weekend, but was not a sign of bullish confidence. To shift the swing structure, a move above the $0.5 level was needed, but it has not yet come.
Exploring the bullish case The rally past $0.29, a recent local swing high, was a sign of a bullish internal structure shift. As noted earlier, the swing structure remained bearish. In this case, a revisit to the $0.29 level could see the RARI bounce resume.
This is an unlikely scenario, given the long-term downtrend and the lack of users and demand.
Traders’ call to action — Sell the bounce Due to the Bitcoin [BTC] bounce to $90k on Monday, many altcoins saw a noticeable uptick in prices after steady losses in recent weeks. This was not the beginning of a recovery, but a bounce that sellers can target.
It was the same for the RARI token. A breakout past $0.5 would be a technical trend reversal, but it is hard to go long after a year of downtrend.
Final Thoughts The RARI crypto token saw a sudden price bounce and an immense increase in trading volume. After a year-long downtrend, the chances of a long-term trend reversal were slim. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
From a speculative asset to a foundational element, Bitcoin ($BTC) continuously grows in terms of decentralized finance. This continuous evolution urges Babylon Labs and Nexus Mutual to join their efforts to safeguard billions of dollars in staked Bitcoin ($BTC). They aim to protect staked Bitcoin with a product that pioneers slashing protection. Bitcoin ($BTC) has now become a crucial part of financial systems worldwide. So, this alliance strives to provide crypto holders peace of mind, resilience, and trust while participating in staking.
Babylon Labs and Nexus to Reinforce Bitcoin ($BTC) Staking Security Babylon Bitcoin staking protocol holds billions of dollars to protect comparatively imperative assets. Nexus Mutual is renowned as a leader in crypto-based insurance alternatives. The platform now aims to create a bespoke slashing protection protocol. Babylon’s users can directly approach this product, so Babylon Labs plays a significant role in this process. The lab stays ahead in the development of the product, providing technical insights while facilitating connections with potential users.
Nexus Mutual was established in 2019, underwriting more than $5.5 billion in the coverage of digital assets. The platform offered $BTC-denominated insurance products at first. Its collaboration with Babylon Labs aims to strengthen the missions of both firms. Babylon Labs continues to unveil Bitcoin ($BTC) utility by providing secure staking solutions. On the other hand, Nexus Mutual leads in crypto-risk innovations.
The Partnership Provides Custom Coverage for a Decentralized Future Through this partnership, Nexus Mutual and Babylon aim to explore expanded Bitcoin Secured Networks (BSNs). This advancement enables customizable protection, improving liquidity and user confidence. Nexus Mutual’s coverage products strive to meet the demands, ranging from individuals staking their Bitcoins to institutions participating at scale.
The Head of Business Development at Babylon Labs, Clayton Menzel, states, “We’re excited about Nexus Mutual’s upcoming slashing protection product and what it could mean for Bitcoin stakers.” He further says, “This collaboration supports our mission of unlocking Bitcoin to secure the decentralized economy.”
The Founder of Nexus Mutual, Hugh Karp, emphasized the statement, stating, “Bitcoin is now a crucial part of the global financial system, and we’re excited to work with Babylon Labs to offer new ways to protect and leverage this digital asset.”
The alliance between Nexus Mutual and Babylon Labs is a significant step towards creating a more scalable and secure environment for Bitcoin staking. This environment will merge the reliability of insurance with decentralized capabilities.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Bitcoin's (CRYPTO: BTC) pump to $63,000 prompted traders to indicate how market sentiment is changing back to a bullish bias.
What Happened: Crypto trader DonAlt reiterated his July 9 tweet on how market scenarios change, stating that “coins are good again”. Bitcoin's real obstacle is $63,000 and there is very little reason for it to not make new highs. He also noted that he did not expect this to come back this quickly.
He concluded, "Just needs to hold $60,000 and break that and we’re firmly in bear cope territory."
Heavily followed crypto trader Loma reflected that despite his seven years in the crypto markets, he does not understand how quickly sentiment changes. He noted how a week ago the market sentiment was showcasing “structural breaks across the board, 4-month breakdown, Mt. Gox distribution, Germany selling, see you 2025."
However, the current situation is "new ATHs soon, no pullbacks" with price targets like $80,000 to $100,000.
Also Read: ‘Bitcoin Is A Legitimate Financial Instrument,’ Says BlackRock CEO Larry Fink
Why It Matters: The biggest cryptocurrencies have rallied double digits over the past week:
Cold Blooded Shiller, in his latest X post, outlined how Twitter has a major impact on the decisions people make. He highlighted the statements with the "it's so over" – "we're so back" meme, with sentiment changing from fear of missing out to desperation in a matter of days.
Shiller suggests some plans on how to overcome the feeling, such as timeframes to take advantage of, risk positions, rational thought and taking control of your finances.
What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
Read Next:
Top Crypto Trader Contemplates Retirement, Looks For ‘One Last Bullish Trade’ On Bitcoin, Ethereum, Solana Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
China Bitcoin Ban? Nope. That myopic, foolhardy era of Chinese economics is over. A Shanghai court has dropped a surprise verdict, declaring that owning cryptocurrency isn’t illegal under Chinese law, finally giving crypto holders some legal peace of mind.
Sun Jie, a Shanghai Songjiang People’s Court judge, broke it down in a statement on the Shanghai High People’s Court’s WeChat account. The takeaway? Citizens can legally hold crypto as personal property, but businesses can’t invest in or issue tokens without strict oversight.
Only 11 countries have a GDP higher than the value of Bitcoin. Soon there will be only 7. At the peak of this cycle, there will likely only be 2 countries whose economy is bigger than Bitcoin: China and the USA.
— FRANCIS – BULLBITCOIN.COM (@francispouliot_) November 21, 2024
The statement emerged from a case involving a spat over an initial coin offering—labeled as illicit financing under China’s hardline policies.
Beijing still views crypto as a financial grenade, banning related business activity outright to avoid economic chaos. While crypto might carry property rights for individuals, using it commercially or as payment for shady dealings remains off-limits.
Owning Crypto in China Isn’t Illegal, Says Judge Judge Sun Jie of the Shanghai Songjiang People’s Court provided the first legal clarity in years regarding cryptocurrency ownership. Writing on the official WeChat account of the Shanghai High People’s Court, Sun stated that individual ownership of cryptocurrencies does not violate Chinese law.
“It is not illegal for individuals to hold cryptocurrency,” Judge Sun emphasized, adding that the government primarily targets speculative trading activities and attempts to ensure financial stability.
(TradingView) This revelation surfaced during a lawsuit involving two companies over an initial coin offering (ICO), an activity China considers illegal. While cryptocurrency transactions and mining remain banned, this new perspective by a Shanghai court marks a subtle yet significant differentiation between owning digital assets and actively trading them.
China’s crackdown started in 2017 with ICO bans and exchange shutdowns, hitting warp speed in 2021 with mining bans and an all-out prohibition on crypto business.
Yet, reports suggest that individuals and institutions remain involved through subterranean channels, often utilizing foreign exchanges for transactions.
Remarkably, China still controls a majority of the global Bitcoin hash rate, a stark contradiction given the ban. Behind the scenes, investors and miners appear to be finding ways to circumvent restrictions without openly defying regulatory authorities.
DON’T MISS: Last Chance To Scoop Up Bitcoin With PayPal Before 100K BTC Price Explosion
The Bigger Picture After The China Bitcoin Ban China’s influence on the cryptocurrency market extends far beyond its borders. Despite its domestic trading ban, the country’s mining dominance contributes significantly to the Bitcoin ecosystem.
With Bitcoin currently reaching record-breaking highs globally, the growing demand for digital assets—even within China’s borders—is hard to ignore.
For investors and industry leaders, this nuanced clarification offers cautious optimism. While trading remains off-limits, the legal validation of ownership could inspire discussions about reevaluating China’s stringent policies in the wake of global adoption trends.
DISCOVER: 16+ Next Cryptocurrency to Explode in December 2024
Final Thought’s on China’s Bitcoin Reversal By distinguishing between holding and trading, China may signal a more pragmatic approach toward digital assets.
Though far from lifting its crypto ban, China might be edging closer to recognizing the undeniable impact of blockchain technology on the future economy.
For now, the global crypto community watches closely, aware that any shift in China’s policies could send significant ripples through the market.
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I lost everything to Melania, bros. $400k. Now I have nothing to put into John McAfee’s scam coin and get out of my part-time McDonald’s shift! RIP.
So, here we are —one week into Donald Trump’s presidency—and, on the crypto side at least, we’ve gotten several meme pump-and-dumps and “Free Ross.”
We’re not complaining. It’s a start. Not a fun one for me. However, this week has a few other highlights, including a 2028 Trump presidential run and BTC Maxi cope from the Strategic Reserve announcement. Here’s what’s happening on this week’s Feel Crappy … I mean Feel Good Friday!
Is John McAfee Alive and Launching a Cryptocurrency? (X) That’s not John McAfee pictured above. It’s his even more deranged little brother Chad Mcafee Jr.
Why Jr.? Because in this family, being ‘Jr.’ means you’re twice as nuts.
Right now, the internet is debating whether McAfee is alive and whether a recently launched AI project and cryptocurrency are his creations. Spoilers: the token is a scam, but the AI project is real; his late wife just confirmed it.
Good morning everyone😊
I hope this video answers everyone's concerns about whether mine and John's account has been compromised. @AIntivirus @officialmcafee pic.twitter.com/uVOyuxnwGV
— Janice Elizabeth McAfee (@theemrsmcafee) January 23, 2025
The McAfee Anti-virus software founder is crazy enough to fake his death, and the “conspiracy” is he just went into hiding. This dude could be alive and well!
Except he’s not. According to his widowed wife, Janice McAfee, John is gone, but his digital ghost lives on. Using an AI-powered account on X called ‘@AIntivirus’, his thoughts stream onto the platform, sparking conversations and keeping his fans engaged with the virtual version of his mind.
If you have bought ANY crypto tokens from ANY MAJOR FIGURE ON X OR TWITTER this week, be careful! Do your own research and make sure that person isn’t a John McAfee pozer.
You think I got hacked? I wrote the damn playbook. Every “hack” you’ve ever heard of is just someone fumbling through tricks I mastered decades ago while chain-smoking on a yacht.
— John (@AIntivirus) January 23, 2025
Trump 2028 Just Became a Reality Rep. Andy Ogles (R-Tenn.) has introduced a constitutional amendment to clear the path for Donald Trump to serve a third term as president. The proposal seeks to rewrite presidential term limits, allowing someone to hold office up to three times, provided they haven’t served more than two consecutive terms.
(X) Franklin Roosevelt is the only U.S. president to break the two-term limit alone. His popularity was such that many believe that had he not died in office, a fifth term was his for the taking.
Kinda feels like Trump, doesn’t it?
Under the 22nd Amendment, Trump is currently barred from seeking a third term, but Ogles argues that the nation needs Trump’s leadership to “reverse decay” and restore stability.
For his part, Trump jokingly floated the idea of a third term during a post-election meeting with House Republicans last year. “I suspect I won’t be running again, unless you do something,” he said, riffing on his recent victory. “Unless you say, ‘He’s so good, we have just to figure it out.’”
BTC Maxi Cope After Strategic Reserve Rejection
Bitcoin maximalists are seething. The US “Strategic Reserve” won’t be BTC but several cryptocurrencies.
The reserve will likely include:
Bitcoin XRP Ethereum Solana Sui Chainlink Cardano You won’t see us crying. We’re not even sure why BTC maxis are seething so hard, but BTC is still on the list. We guess they wanted an exclusive BTC reserve because “there’s no second best.”
Regulating crypto was never solely about Bitcoin.
If BTC is as untouchable as its hardcore maxis say, the market will decide who performs best. That might not be what some of you want to hear, but it’s reality – and that’s coming from someone who holds a lot of Bitcoin,
Well, that’s all we got for Feel Good Friday! Please tune in next week when I make everything back on Melania and reinvest it in Iggy Azalea Coin.
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Binance, one of the world's leading cryptocurrency exchanges, announced that it will support the planned technical upgrade of the Moonbeam (GLMR) network.
13.10.2025 - 05:59
Update: 13.10.2025 - 05:59
Binance, one of the world's leading cryptocurrency exchanges, announced that it will support the planned technical upgrade of the Moonbeam (GLMR) network.
Binance to Support Moonbeam (GLMR) Network Upgrade According to the official statement, in preparation for the upgrade, deposits and withdrawals of all tokens on the Moonbeam network will be temporarily suspended as of 3:00 PM on October 13, 2025.
The network upgrade is expected to occur at block height 12,993,016, approximately 4:00 PM. Binance will be handling all necessary technical work within its own team to ensure the security of user funds and ensure a seamless transition during this time.
Binance specifically emphasized that the maintenance period will only affect deposits and withdrawals, and that trading of GLMR and other related tokens will continue uninterrupted. Users will be able to continue trading in spot and futures markets.
Once the upgrade is complete and the network is confirmed to be stable, deposits and withdrawals of tokens on the Moonbeam network will automatically reopen. Binance also stated that no further announcements will be made after this period.
This network upgrade aims to improve Moonbeam's performance, transaction security, and cross-chain compatibility.
*This is not investment advice.
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Binance, one of the world’s largest cryptocurrency exchanges, has announced it will support the planned network upgrade for the Moonbeam network.
According to the official statement from the stock exchange, temporary suspensions will be implemented in some services to protect user experience and ensure the smooth progress of the technical process.
Accordingly, Binance will temporarily suspend token deposits and withdrawals on the Moonbeam (GLMR) network on April 13, 2026, at 3:00 PM. The network upgrade is expected to take place around 4:00 PM on the same day, at block number 15,190,604.
The exchange stated that the update does not require any technical action from users and that the entire process will be managed by Binance. Therefore, users will not need to take any extra steps to protect their assets.
On the other hand, it was emphasized that trading of tokens on the Moonbeam network in spot or other markets would not be affected by this process. This means that users will be able to continue trading on the platform even if deposit and withdrawal transactions are suspended.
Binance announced that deposits and withdrawals will be reopened once the network upgrade is complete and the system is stable. However, it was stated that no further notification will be given regarding this process.
Experts say that such network upgrades offer significant improvements in performance, security, and scalability for blockchain projects, and contribute to the long-term development of the ecosystem.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Cryptocurrency exchange Binance has announced it will support the planned network upgrade on the Moonbeam (GLMR) network. According to the announcement, to protect user experience and ensure a smooth technical process, token deposits and withdrawals on the GLMR network will be temporarily suspended starting May 20, 2026, at 3:00 PM.
According to Binance, the Moonbeam network upgrade will take place in approximately one hour, on May 20, 2026, at 4:00 PM, at block height 15,689,298. The exchange stated that it will handle all necessary technical operations on behalf of users during the network update, and users will not need to perform any manual actions.
One important detail is that the network upgrade will only affect deposit and withdrawal transactions. Binance emphasized that trading of the GLMR token on the platform will not be affected by this process. Users will be able to continue buying and selling their Moonbeam-based assets during the upgrade.
The exchange announced that deposit and withdrawal services will be automatically reopened after the network update is complete and the system is confirmed to be stable. It was also specifically stated that no further announcements will be issued regarding this matter.
Moonbeam stands out as a significant smart contract platform operating on the Polkadot ecosystem and providing Ethereum compatibility. The upcoming upgrade is expected to improve network performance, security, and transaction efficiency.
Experts say that such planned network upgrades are critical for the sustainability of blockchain networks. Binance’s support is seen as an important sign that institutional confidence in the Moonbeam ecosystem continues and that the platform’s technical development is being closely monitored.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
U.S. President Donald Trump has announced new tariffs on the European Union (EU), which would take effect next week. Bitcoin briefly retraced on the back of the announcement of the latest Trump tariffs, although the leading crypto is still up on the day amid optimism of renewed talks between the U.S. and Iran.
New Trump Tariffs Against To Take Effect Next Week In a Truth Social post, the U.S. president announced that he will increase tariffs on cars and trucks from the EU to 25% starting next week due to the EU’s failure to comply with the trade deal it agreed to with the U.S. He noted that there will be no tariff if the EU produces its cars and trucks in the U.S.
These Trump tariffs threaten to escalate tensions in the market, especially given the impact they have had on crypto prices in the past. Bitcoin briefly retraced on the back of the president’s announcement, dropping to the lower $78,000.
As CoinGape reported, Bitcoin rallied above $78,000 earlier today on optimism about ongoing negotiations between the U.S. and Iran to end the war. Iran sent a new proposal to the U.S. through Pakistani mediators after Trump rejected an earlier offer this week.
As with the U.S.-Iran war, imminent Trump tariffs could have a significant impact on the market, especially if they lead to another trade war between the U.S. and Iran. It is also worth noting that the U.S. has continued to explore ways to implement Trump’s reciprocal tariffs after the Supreme Court struck down some of these tariffs in February.
U.S. President Comments On Talks With Iran Amid the announcement of the latest Trump tariffs, the U.S. president also confirmed to reporters that the U.S. was in communication with Iran. However, he stated that he is not satisfied with the latest proposal and is unsure whether they will be able to reach a deal.
Meanwhile, he reiterated that the Strait of Hormuz remains 100% shut down with the U.S. blockade. The U.S. president added that the current options on Iran are that the U.S. either strikes them or they make a deal.
Trump also commented on the rising oil prices, which continue to put downward pressure on the crypto market and other global markets. He stated that oil and gas will come down once the U.S.-Iran war ends.
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In its recent analysis, market intelligence firm Messari has provided a comprehensive overview of the NEAR Protocol’s performance in Q4 2024. Despite facing headwinds in the broader crypto market, NEAR has demonstrated notable resilience through increased activity and strategic developments.
Drop In Market Cap Ranking But Resilience Through Increased Activity During Q4, NEAR Protocol initially surged, reaching a token price high of approximately $8.19 in December before retracing to around $4.91 by the quarter’s end.
This decline reflected a significant drop in market cap, which fell to approximately $5.73 billion—marking a 2.09% decrease quarter-over-quarter (QoQ).
Consequently, NEAR dropped ten spots in market cap rankings, now sitting at 21st overall, indicating a performance lag compared to other leading assets.
NEAR’s circulating market cap decline over the past year. Source: Messari Despite the challenges in market pricing, NEAR’s revenue, derived from network transaction fees, saw a substantial increase. The revenue grew to about $2.11 million, representing a 26.81% QoQ rise. This growth can be attributed to heightened transaction volumes and decentralized exchange (DEX) activity.
The average transaction fee during the quarter was roughly $0.0031, a 15.91% increase from the previous quarter, further highlighting the network’s operational efficiency.
The NEAR token plays a multifaceted role within the ecosystem, being essential for staking, transaction fees, and storage fees. The protocol maintains a flexible supply model, characterized by an annual inflation rate of 5%.
Of the inflationary rewards, 90% are allocated to validators, while the remaining 10% supports the protocol’s treasury. As of the end of Q4, approximately 95.12% of NEAR’s total supply was in circulation, with about 49.08% actively staked.
The annualized nominal yield from staking was reported at around 8.95%, with a real yield of 4.55%, providing attractive incentives for holders to stake their tokens.
NEAR enjoyed a surge in address activity and transaction volume during Q4. The average daily active returning addresses rose by 15.82% QoQ, reaching 3.55 million, while the average daily new addresses surged by 29.05% to 361,046.
However, the protocol faced a decline in developer activity, with weekly active core developers decreasing by 13.95% to 159 and ecosystem developers falling by 30.34% to 129.
NEAR Balances Market Setbacks With Promising Innovations NEAR’s DeFi total value locked (TVL) concluded Q4 at approximately $240.16 million, reflecting a 4.48% decline from the previous quarter. The Liquid Staking TVL also experienced a decrease of around 10.32% QoQ, settling at about $250.81 million.
Notably, the LiNEAR Protocol’s TVL was approximately $132.41 million, down 8.77%, while Meta Pool’s TVL declined by 11.78% to around $111.70 million.
NEAR’s DeFi TVL during 2024. Source: Messari On a positive note, NEAR’s average daily DEX volume reached approximately $8.45 million, marking a 25.40% increase from the previous quarter. Ref Finance emerged as the leading DEX on the platform, accounting for an average daily volume of $8.35 million.
Q4 also saw an uptick in NEAR’s stablecoin market cap, which grew to about $683.69 million—an increase of 1.88% QoQ and a staggering 880.71% year-over-year (YoY).
The daily chart shows NEAR’s overall downtrend experienced over the past month. Source: NEARUSDT on TradingView.com As of now, the NEAR’s price stands at $3.52, recording a substantial 10% surge in the past two weeks. Yet, still 82% below its all-time record high.
Featured image from DALL-E, chart from TradingView.com
Over the past few days, Bitcoin and crypto market has been enjoying traces of bullish appearances. Most crypto assets have been in the green, with some reclaims in their values. But the northward climb has just died out as of yesterday.
EthereumPoW (ETHW) value crumbled by a whopping 11%. The Altcoins are not left in the new bearish trend. Most have taken to the south as they push the crypto market into the red. Despite several attempts, Bitcoin has again failed to hit its critical level of $20,000.
Drastic Crumbling For ETHW And LUNC Over the last few days, there’s been a sudden cut in the latest uptrend within the crypto market. Most of the crypto assets are losing the previous reclaimed values.
Before the bearish trend, Ethereum reclaimed up to 5% in its value shooting the price of ETH to nearly $1,350. However, the past day’s price decline has brought ETH to $1,288.
EthereumPoW (ETHW) has suffered one of the worse losses of about 11%. Also, Terra Classic (LUNC) declined by about 7.5%.
Crypto assets with minor gains include Uniswap, Tron, and Leo. Losers from the large-cap altcoins include Ripple and Cardano, with over a 3% drop. Others are Solana, Polygon, Polkadot, Binance Coin, Shiba Inu, and Dogecoin.
Bitcoin Stalls Before The $20K level Last week, Bitcoin was on a price swing with little or no control over its movement. The primary crypto asset even went down to the $18K region after several attempts to anchor its price on $20K. The release of the US job report created an impact taking BTC to $18,200
However, changes started to occur with increasing volatility in the crypto market. The leading cryptocurrency made more surges from the start of this week. The token movement stalled relatively in the early hour of Monday but later picked the same. As a result, the price of Bitcoin rose again to the $19,000 region and gradually maintained its hold on the level.
BTC later hit $19,700 this week. Also, kept looking for a more bullish push that could take it to the coveted $20K. However, the situation in the entire crypto market has suddenly twisted in a downward direction. As a result, Bitcoin couldn’t push through with a further move to the $20K level.
At the time of press, BTC is trading at around $19,092, indicating a drop over the past 24 hours. Also, its market cap is currently at $366.91 billion, and its dominance over altcoins sits at 39.88%.
Bitcoin price keeps trending low l BTCUSDT on Tradingview.com Based on data from the on-chain analysis, there have been several suggestions for further pain in the future for BTC. The belief is that Bitcoin displays a similar trading trend to the 2018 bear market.
Featured Image From Pixabay, Charts From Tradingview
While most networks saw their DeFi TVLs appreciate in October, newly-forked chain EthereumPoW [ETHW] led with the highest TVL hike. This, according to data from CryptoRank.
As per DefiLlama, at press time, 15 DeFi protocols were housed within the proof-of-work network with a TVL of $5.54 million. Towards the beginning of October, TVL on EthereumPoW stood at $1.42 million. However, as more DeFi protocols were launched on the chain within the 31-day period, its TVL grew by 365% to close the trading month with a TVL of $6.6 million.
Source: DeFiLlama Launched on 15 September following the Ethereum network’s successful Merge, the EthereumPoW ecosystem has since seen growth despite the general controversy surrounding how the POW network came to be.
For example, as of 22 October, four NFT marketplaces were operational on the chain with six native NFTs projects.
ETHPOW since launch According to data from OKLink, since ETHPOW network became operational on 15 September, transactions completed on it totalled 1.72 billion. Users have paid as transaction fees – 126.12 million – within the same period.
Furthermore, the count of total addresses on the network, at the time of writing, was 263 million addresses, with 262 million of those inactive. Also, the chain supports a number of Ethereum-based tokens issued according to the ERC-2 standard (528,689 tokens), the ERC-721 standard (137,591tokens), and the ERC-1155 standard (18,135 tokens).
As for its native token ETHW, since launch, its price has declined by 95%. Ranked 68th with a market capitalization of $670 million at press time, it was exchanging hands at $6.27.
What should you expect? ETHW’s price has been on a downtrend since 28 October, forming a falling wedge. However, the trading session on 3 November was marked by a bullish breakout, one indicating that a price reversal might be imminent.
A look at the asset’s MACD revealed that a bullish divergence had formed since 27 October. This meant that selling momentum had slowed and the downtrend was due for a reversal.
Source: TradingView While this is a good indication that ETHW might see some relief soon, it is not enough to conclude that this is bound to happen. A consideration of ETHW’s Relative Strength Index (RSI) showed that it rested below the 50-neutral spot at 33 at press time, heading to the oversold position.
The asset’s Directional Movement Index (DMI) also suggested that the sellers’ strength (red) at 21.77 was above the buyers’ (green) at 21.66, meaning that sellers had control of the market.
Institutional flows depict the real balance of power in the crypto market, and this shortened week provides an important illustration. While bitcoin manages to attract capital, Ethereum and other altcoins face persistent pressure, revealing a subtle but real shift in investment strategies. Behind these movements, a trend emerges: investors sort, arbitrate, and reduce their commitments. Crypto ETFs thus become a key barometer of a market in search of direction.
In brief Bitcoin resists despite an unstable market, with limited but sufficient inflows to stay in the green. A fragile dynamic confirms itself, marked by irregular flows and a lack of investor conviction. Ethereum faces continuous pressure, recording significant outflows on several major ETFs. Altcoins also fall, with negative flows on Solana and XRP amid declining interest. Bitcoin maintains inflows in a hesitant market Over the week, spot Bitcoin ETFs record $22.34 million in net inflows, in an environment marked by strong fluctuations. The flow sequence illustrates an unstable but instructive dynamic :
The first days are driven by ARKB (Ark & 21Shares) and FBTC (Fidelity) ; The BlackRock IBIT fund strengthens the trend with significant inflows ; Midweek, a sharp reversal: IBIT and FBTC record outflows ; GBTC (Grayscale) and BITB (Bitwise) accentuate this selling movement ; Occasional inflows on the Grayscale Bitcoin Mini Trust and VanEck HODL limit the correction. This succession of contradictory movements leads to a clear conclusion: “bitcoin ends the week in the green, but without real conviction”. The weekly performance relies more on relative resistance than on solid momentum.
In this context, the bitcoin market presents the image of a fragile balance. Flows remain present, but their instability reflects persistent hesitation from investors. The lack of continuity in inflows prevents a firm trend, leaving the market in an observation phase.
Ethereum and other altcoins under pressure amid increased investor selection Conversely, Ethereum ETFs continue a clearly negative trend with $42.15 million in net outflows. BlackRock’s ETHA fund accounts for a large part of these withdrawals, accompanied by FETH and ETHE.
The pressure is sustained and contrasts with the volatility seen in bitcoin. Some products nonetheless resist, notably those including staking such as ETHB, which continue to attract targeted flows. This situation reveals a transformation in investor behavior: “this divergence highlights that investors are not completely abandoning ether, but are becoming much more selective”.
The movement also extends to altcoins. Solana ETFs show $5.2 million in outflows, mainly related to the BSOL product, while XRP ETFs decline by $3.56 million in a context of limited activity.
The entire segment suffers from a lack of sustained commitment, marked by irregular flows. This evolution reflects a general trend: “capital remains in motion, but it concentrates: investors favor fewer products, react more quickly, and engage with more restraint”.
This concentration of capital could redefine short-term balances. Bitcoin maintains a dominant position, while other assets now need to justify their attractiveness more selectively. This phase of increased selection reveals a more demanding market, where differentiation becomes a key factor to capture institutional flows.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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There have been several 51 percent attacks on the proof-of-work (PoW) consensus protocol since it was first proposed a decade ago. Although the Bitcoin blockchain has never been hijacked due to the astronomical power of all computers within the network, the PoW used on other blockchain-based projects like Bitcoin Gold, Litecoin Cash, ZenCash, Verge, or Ethereum Classic, and others haven’t managed to stand the test of time.
Infamous 51% attacks on the PoW consensus algorithm
A 51 percent attack can happen when a miner, or a group of miners, gets in control of over 50 percent of the mining power within a network, known as hash power or hash rate. On the Bitcoin blockchain, the hashing uses the SHA-256 algorithm whereas Ethereum uses ‘Ethash’ and Litecoin uses the ‘scrypt’. One of last year’s most infamous attacks on a PoW-based blockchain was Bitcoin Gold. Using superior computation power, hackers falsified the ledger of the currency, stealing almost $18 million.
ZenCash, a cryptocurrency based on a PoW Equihash mining algorithm, also experienced a 51 percent attack. The attacker reorganized the blockchain, managing to reverse 38 blocks and enabling double spending on two major transactions totaling $550,000.
A PoW consensus that can stand a 51% attack
Amid a series of attacks on the PoW consensus throughout 2018, the ILCOIN project launched an improved version of PoW, deemed as a command chain protocol (C2P). C2P implements bulletproof rules and regulations in the source code to either permit or restrict different activities. Due to the centralized nature of the ILCOIN blockchain, which uses the SHA-256 technology of Bitcoin, the development team at ILCOIN can fully control any corruption attempts on the network, including double spendings and rollbacks.
C2P incorporates three security layers that altogether create an improved environment for end users. According to mentions in the whitepaper, “C2P is the actual next step of security in the cryptocurrency world, in order to turn down the page for all the non-ethical hackers who always try to take advantage on some back doors for some faulty codes, or lack of hashing power, for example, and in the same moment hurt a specific cryptocurrency and the trust of still cutting-edge technology.”
A better Bitcoin with bulletproof technology against hacks
Committed to building and developing a digital currency-based ecosystem for its growing community, ILCOIN aims to become a better Bitcoin; a high-quality cryptocurrency that can stand a 51 percent attack successfully. To perfect the security of its blockchain, ILCOIN made it quantum resistant.
First, the team analyzed former attacks against different chains. After concluding that no existing protocol is secure enough to withstand a 51 percent attack, they developed new rules and completely changed their blockchain. So-called “admiral” nodes within the CPA protocol sign every block, and if the block isn’t signed by the Master Node, it instantly becomes invalid. Regardless of the hash rate, it would be impossible to forge a block and initiate an attack on the network because the Admiral Node will not sign the block. The unique blocking mechanism prevents hackers from stealing ILC coins, as well as spending in case users lose their wallets.
Armed with a sustainable tech stack and a forward-thinking development team, ILCOIN lays ambitious plans for 2019 – to become the first project to implement smart contracts within its C2P; and potentially, be the first cryptocurrency using the SHA-256 consensus algorithm to achieve its mission of increasing security without compromising blockchain speed.
A new report on Bitcoin and cryptocurrency has been published by the Bank of Canada, the country’s central bank.
Entitled “The Economics of Cryptocurrencies—Bitcoin and Beyond,” the staff working paper details how blockchain networks achieve resilience and resistance to attack. The bigger the network, the more costly an attack, the less vulnerable a cryptocurrency becomes.
According to the report,
“Costly mining helps discourage double spending in each transaction, independent of the number of transactions. At the same time, the intensity of mining increases with the total rewards. Hence, with more transactions, it becomes easier to finance mining rewards to protect the system.”
The authors detail risk factors for small-cap cryptocurrencies such as Monacoin, Bitcoin Gold, Zencash and Litecoin Cash which have suffered 51% attacks.
“Our analysis also confirms that smaller cryptocurrencies (in terms of market value and transaction volume) can be at risk for double-spending attacks as they do not generate enough mining rewards to disincentivize such attacks. When the potential gains from a double-spending attack are small, the mining reward required to protect the system will be lower.
This would be the case for a system used only for low-value transactions. In conclusion, a cryptocurrency would work best as a retail payment system where there is a large volume of transactions that are relatively small in value. To the contrary, using a cryptocurrency for infrequent large-value payments seems to be very costly.”
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The authors also conclude that Bitcoin, the world’s leading cryptocurrency, could be greatly improved if it switches its consensus protocol from proof-of-work to proof-of-stake.
“For Bitcoin, we find that the cryptocurrency is not only extremely expensive in terms of its mining costs, but also inefficient in its long-run design. However, the efficiency of the Bitcoin system can be significantly improved by optimizing the rate of coin creation and minimizing transaction fees. Another potential improvement is to eliminate inefficient mining activities by changing the consensus protocol altogether…
Our analysis finds conditions under which PoS can strictly dominate PoW and even support immediate and final settlement.”
According to the report, such a switch would impact Bitcoin’s inefficiencies and make it more competitive against traditional monetary systems.
“Using the growth rate of 25 bitcoins, for every block and average transaction fees in 2015, we find that Bitcoin generates a large welfare loss that is about 500 times as large as in a monetary economy with 2% inflation.6 The reason is that, in its current form, Bitcoin spends too many resources to rule out double spending.
Reducing the growth rate to 0, but relying on sufficiently large transaction fees – like in the long-run design of Bitcoin – will reduce these costs significantly. Still, the optimal design of Bitcoin implies relatively large welfare losses. Compared to the first-best allocation, an optimally designed Bitcoin protocol would lead to a loss of about 0.19% of the consumption in the first-best allocation. This is equivalent to the welfare loss that would be generated in a monetary system with a moderate inflation rate of about 45%.”
The authors, Jonathan Chiu, a senior research advisor in the funds management and banking department at the Bank of Canada, and Thorsten V. Koeppl, an associate professor in the department of economics at Queen’s University, note that the views expressed in the report are solely their own and “may support or challenge prevailing policy orthodoxy” of the Bank of Canada.
Litecoin (LTC) is in a tough spot not only against the US Dollar (USD) but also against Bitcoin (BTC). The daily chart for LTC/BTC shows us the resistance levels that Litecoin (LTC) is up against while trading against Bitcoin (BTC). If we see a decline from current levels, there is nothing much that would stop the price from declining at least 25% before it finds some relief. Lest we forget, it was Litecoin (LTC) not Bitcoin (BTC) that led the parabolic advance of early 2019. We have yet to see a correction in Litecoin (LTC) that would eventually lead to erasing the gains it made because we do not believe that Litecoin (LTC) has bottomed yet, not against Bitcoin (BTC) and not against the US Dollar (USD).
When Litecoin (LTC) entered the market, a lot of investors threw their money at it because it was dirt cheap and they thought it could one day be at the same price Bitcoin (BTC) was trading at. So, it was greed not rationality that drove the price of Litecoin (LTC). In my opinion, if we had thought about how backing Litecoin (LTC) or any other altcoin as an alternative currency goes against the reason of existence of Bitcoin (BTC), perhaps we would not have thousands of useless altcoins today. If we keep on welcoming coins like Litecoin (LTC), then Litecoin Cash or Bitcoin Cash and Bitcoin SV then where does it all stop? How does it fix the double spending problem that Bitcoin (BTC) was meant to solve?
There may be a lot of quick buck artists in the market but there are a lot of very dedicated and loyal people in this market that want to see this space flourish and I think we are very close to seeing a wipeout of most of these useless altcoins off the market. The daily chart for LTC/USD shows us that Litecoin (LTC) has now declined in the same manner in which it rallied. Notice the similarities between rise and fall. If this symmetry is any indication, we are on the verge of a major downtrend that might first pull the price down to the 61.8% fib extension level and then eventually well below that to complete the correction.
Bitcoin (BTC) is a risky investment but it has seen a lot of adoption. It has a better probability of surviving what is about to come. However, the same cannot be said about coins like Litecoin (LTC). We cannot say for sure if Litecoin (LTC) would be around after the next downtrend. Even if it is around, it is more likely to be in the list of forgotten coins considering its only use case is being a faster and cheaper alternative to Bitcoin (BTC). So, what do you think happens when future upgrades make Bitcoin (BTC) as cheaper and faster as Litecoin (LTC) if not more?
Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub.
Bitcoin Gold’s Low Hashrate to Blame As explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan. 23 and Friday, Jan. 24.
By buying out the blockchain network’s hashrate, attackers were able to steal approximately 7,000 BTG ($72,000) through double spending.
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Bitcoin Gold appears to be an easy target due to its low hashrate. Lovejoy suggests that the attack would have cost about $1,700 based on current Nicehash prices. Similarly, Crypto51 suggests it would cost about $700 to attack the blockchain.
The attacker succeeded in moving the stolen cryptocurrency to Binance, and may have succeeded in cashing out the stolen funds. However, Binance has also increased its withdrawal times for Bitcoin Gold to prevent future thefts.
This is not the first time that Bitcoin Gold has suffered a 51% attack: it was previously hacked for $18 million in May 2018, which led several exchanges to delist the coin.
Bitcoin Gold isn’t the only blockchain that has fallen victim to an attack. Lovejoy detected a similar attack on Vertcoin in December. He also discovered attacks on Expanse and Litecoin Cash over the course of 2019.
Other blockchains that have been targeted by 51% attacks in recent years include Ethereum Classic, Verge, and Feathercoin.
Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.
2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week.
In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000 from where it retraced a bit and it currently trades at $8,900.
BTC/USD. Source: TradingView Bitcoin’s total market capitalization has increased to $162 billion. However, its dominance has sized down to 66.1%, meaning that altcoins have managed to recover and to claim new grounds.
Indeed, looking at how other cryptocurrencies besides Bitcoin performed, it’s rather clear that they are flourishing. All of the projects from the top 20 are in the green, charting serious gains throughout the entire week. The past 24 hours are no exception.
Bitcoin SV is once again one of the best-performing altcoins, increasing by 10% throughout the past 24 hours. Others who marked serious gains include Binance Coin (9.14%), EOS, (8.84%), Bitcoin Cash (7.8%), and so forth.
Major Crypto Headlines $3.2 Million ETH Stolen From UPbit Is Already Laundered: Report Claims. Following the hack of UPbit which took place in November 2019, it now becomes clear that $3.2 million from the stolen cryptocurrency has already been laundered. The report also claims that this happened by using small transactions in a lot of different exchanges.
You may also like: Bitcoin Price Crashes Below $60K as Strategy’s MSTR Plunges 10% Bitcoin’s Network Is Booming Even as Prices Remain Below Record Highs Bitcoin (BTC) Dips Below $62K, Ethereum (ETH) Plunges 6% Daily: Market Watch YouTube Crypto Purge Is Back: Popular YouTuber Davinci Reports He’d Been Blocked From Streaming. Despite issuing a formal apology and saying that the cryptocurrency purge has been a mistake, it appears that YouTube is taking a charge at content creators once again. Popular cryptocurrency YouTuber Davinci has said that his channel has been flagged and that he has been blocked from streaming.
Craig Wright’s Defamation Case Against Hodlnaut Reportedly Dismissed By UK’s High Court. Self-proclaimed Satoshi Nakamoto, Craig Wright, has reportedly seen his defamation case against popular Twitter user Hodlnaut dismissed. The merit for the order is the is lack of jurisdiction but the case will supposedly continue in Norway.
Significant Daily Gainers and Losers Ethereum Classic (31.45%) Ethereum Classic (ETC) is undoubtedly the most significant daily gainer throughout the past 24 hours, at the time of this writing. Up 31.45% so far, ETC stands at a price of $10 and a total market capitalization of about $1.1 billion. More interestingly, ETC saw a surge in its 24-hour trading volume which is now more than $3.2 billion.
MonaCoin (24.72%) MonaCoin is another altcoin that managed to impress in today’s trading session. It’s up about 24 percent in the past day alone, bringing its price to $1.22 at the time of this writing. MonaCoin now sits on a market cap of about $80 million and is the 61st largest cryptocurrency. In terms of 24-hour trading volume, MonaCoin stands at about $21 million.
Swipe (-11.83%) Unfortunately, not all altcoins managed to increase with the rest of the market. Swipe is down about 11.8% and its price reduced to $1.30. The cryptocurrency stands on a total market cap of about $79 million and saw a trading volume of $14 million in the past 24 hours.
Bitcoin finally pushed past its $9k resistance this past week and the world’s largest cryptocurrency was trading at $9,277, at press time. However, there is growing evidence that Bitcoin is reacting to geopolitical events, according to the Coin Metrics’ latest report. The report added,
“Adjusted transfer value increased by at least 20% for all five cryptoassets in our sample, outpacing the increases in market cap. Bitcoin Cash’s (BCH) adjusted transfer value is relatively even with Ethereum’s (ETH) — over the past week, BCH had a daily average of $217M adjusted transfer value while ETH had $234M.”
Further, Bitcoin‘s transfer value dwarfed Ethereum and Bitcoin Cash’s with a daily average of $11.9 billion.
The market ended the week on a strong note, however, the growth of the CMBI Bitcoin Index was the weakest of all other indexes. According to the aforementioned report, the Bitcoin index reported returns of 9%. However, small-cap assets are leading to the growth of the entire market.
The report also noted that Bletchley 40 assets noted a 16% surge, while MonaCoin, ZCoin, and BitShares posted returns of over 50%. Additionally, Siacoin, Zilliqa, and Nano registered returns of 20% to its users too.
The week was, in fact, an extension of an eventful month the crypto-market has had. Crypto-assets have been largely positive and the Bletchley 20 [mid-cap assets] were reported to be the best performers. The mid-cap assets returned 70% in a month, while large-cap and small-cap assets were tied with ~35% returns over the month.
Source: Coin Metrics
XRP’s active addresses noted a whopping rise of 178.2% over the week, followed by Litecoin’s minuscule 15.4%. XRP transfers also saw a 32.6% surge, with Bitcoin cash [BCH] noting a 13.8% increase.
The past several days have been somewhat turbulent in the cryptocurrency space. Bitcoin, for instance, plunged to $9,400 on Monday, traded around $9,600 yesterday, and gained about $700 in the past 24 hours alone, before settling at $10,150 where it currently stands.
BTCUSD 1h. Source: TradingView On its way down, the significant support level of $9,400 stopped BTC. If Bitcoin is to fall again, $9,770 should be the first considerable obstacle now.
Alternatively, the $10,400-$10,500 resistance level continues to be a major thorn for bulls. The largest cryptocurrency attempted to break it on several occasions in the last few weeks but to no avail.
Most alternative coins are in the green against the dollar as well. Among the top 10 by market capitalization, Tezos is the most impressive gainer. XTZ’s positive movement is with over 11% to $3.65.
Ethereum and Litecoin are next; the former rises with 5% to $279, and the latter is up with 3.27% to $76.5. EOS and Binance Coin are increasing its value with approximately 2.3% to $4,56 and $24, respectively.
Contrary, BitcoinSV stands as the only currency in red among the top 15 by market capitalization. BSV drops with over 4% against the dollar to $302.
You may also like: Bitcoin Price Crashes Below $60K as Strategy’s MSTR Plunges 10% Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH Bitcoin’s Network Is Booming Even as Prices Remain Below Record Highs Major Crypto Headlines US Presidential Candidate Bloomberg Suggests Cryptocurrency Regulation To Help Prevent Another Financial Crisis. The 2020 presidential candidate, Michael Bloomberg, and his team recently published a financial reform plan that includes cryptocurrencies. It says that digital assets can help prevent another financial crisis, but they require a “clear regulatory framework.”
Almost $1 Million Of ETH Compromised Following Two Attacks On DeFi Protocol bZx. The popular DeFi protocol went through two consecutive attacks on February 15th and 18th. By manipulating the network, the perpetrator ultimately managed to extract a total net profit of over $900,000 worth of Ethereum.
Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services. Blocknox, a subsidiary of second-largest German stock exchange Boerse Stuttgart, is set to expand its cryptocurrency services. Along with providing custody for digital assets on an “escrow basis,” it will now serve institutional investors, as well.
Significant Daily Gainers and Losers ABBC Coin (28.15%) ABBC is the most significant gainer among the top 100 coins by market cap. It rises with over 28% against the dollar to $0.127. It also sees gains of almost 25% against Bitcoin and trades at 1268 SAT.
A few hours ago, the popular cryptocurrency exchange Bittrex added ABBC. So far, it provides one trading pair – ABBC/BTC.
DxChain Token (15.70%) DX is next with increases of 15.70% and 12.30% against USD and Bitcoin, respectively. Naturally, its market capitalization also notes a surge and is currently at $78.5 million.
In a recent blog post, DX was named as one of the top 10 best performing digital assets for 2019. It’s impressive run continues in 2020. DX Started the year at $0.000888, and it trades now at $0.0016, meaning an increase of over 75%.
MonaCoin (-10.14%) MONA pumped to $2.71 yesterday, and it seems to be retracing heavily today to $2.31. MonaCoin remains in the top 50 coins in terms of market capitalization, even though its own dropped below $152 million.
The situation against the largest cryptocurrency is similar. A 13% decrease and MONA/BTC trades at 22941 SAT.
The market cycles of this year have gone through multiple twists and turns. High levels of sentiment shifts have been witnessed since the first quarter. The crypto market reached new highs earlier this year, but in October, a bearish mood made a comeback. However, now that Bitcoin has once again passed the $90K mark, confidence has returned. Long-term holders are, therefore, making strategic moves.
Investing in FUNToken is part of that strategy since it has faced the brunt of the market’s volatility. After experiencing one of its strongest rallies this year, it moved down in value. However, since the bullish mood has returned to a degree, the FUNToken price is surging once again. It has risen by over 15% in the last 24 hours, and now is the time to ask if it can recapture the rally it experienced in early 2025.
FUNToken Price Action of March 2025 In March 2025, FUNToken experienced a price decline for the first 10 days before bulls came in force to push the token’s price toward a sideways trend. As a result, FUNToken started trading within the $0.0015 to $0.0026 range.
🚀 Everything $FUN, one tap away!
💰 Live price → /price
📊 Your balance → /balance
🎯 Referral rewards → /referstats
All inside the $FUN Bot 👉🏻 https://t.co/XyQr6UDSvf#FUNToken pic.twitter.com/jRpjMQia15
— FUNToken (@FUNtoken_io) November 27, 2025
Later, this trend proved to be an accumulation zone because, on March 28th, the P2E crypto painted multiple long green candles. Although profit-takers did emerge, bulls were stronger, which led the FUN price to rise by close to 400% and reach the $0.10 level.
FUNToken’s Current Price Action: A Similar Setup is Building FUNToken’s earlier price action led to a triple-digit increase in its value, and since then, the crypto community has eagerly waited for an encore. Given today’s price action, it is safe to say that a similar pattern has started to develop.
However, FUNToken has not been completely insulated from market shortfalls. Macroeconomic conditions caused its previous sideways trading range between $0.008 and $0.009 to break down, which was followed by an 82% price drop. However, clever tokenomics and social media events have put FUNToken back into the limelight, causing a narrow trading range between $0.0021 and $0.0023 to appear. Since November 23, the crypto has bounced from that level, creating a pattern similar to the previous one.
At the time of writing, FUNToken is trading around the $0.0025 level and has a market capitalization of more than $27 million.
Difference Between the Two Charts FUNToken’s earlier surge was due to the sudden traction it gained following the broader crypto market’s rise in momentum.
This time, however, this leading meme coin with P2E elements is being discussed because of its recent event as well as its social perks. The social media attention surrounding the token is pushing long-term holders to accumulate the asset at familiar price levels.
In addition to the event, FUNToken has also launched its own bot on Telegram. This bot allows users to check the live price of their chosen asset, view their balance, and receive referral rewards. With this new layer of social utility added through the bot, the community expects the FUN price to retain its momentum.
🚀 Everything $FUN, one tap away!
💰 Live price → /price
📊 Your balance → /balance
🎯 Referral rewards → /referstats
All inside the $FUN Bot 👉🏻 https://t.co/XyQr6UDSvf#FUNToken pic.twitter.com/jRpjMQia15
— FUNToken (@FUNtoken_io) November 27, 2025
Can the FUN Price Do an Encore? While there is no expectation for the market to behave exactly as it did before, the repeatable patterns forming around FUNToken are largely due to FUN gaining more traction on social media and being covered by major publications. Its unique use cases involving staking and the Telegram bot have also sustained ongoing conversations around the asset. If macro economic conditions become more positive, the FUN price could repeat the pattern and surge by triple digits once again.
Final Thoughts It is clear from the price charts that FUNToken is on the verge of delivering an encore and following its previous surge. The last time this pattern appeared, early holders were able to secure triple-digit gains in the months that followed. Today, however, while the overall mood is similar, the significance is much higher. FUNToken is no longer a token flying under the radar; it has a strong social media presence. Added to that, the social events and the recent trading bot are helping it gain even more traction.
A high level of growth could emerge. However, how large it will be and how long the rally will last will depend on the community’s receptiveness to FUNToken’s offerings. And from the looks of it, the future of this meme coin appears brighter.
Bitcoin faces resistance at $94,930 with momentum indicators signaling potential weakness. ETF inflows surge as SEC regulation eases and Arizona advances Bitcoin reserve legislation. Bitcoin mirrors gold and silver rallies, reinforcing its growing status as a safe-haven asset. Bitcoin continues to trade below the $95,000 mark as it faces technical resistance, while broader developments in regulation, investment flows, and macroeconomic sentiment shape its outlook. Recent movements in Bitcoin align closely with traditional safe-haven assets, reflecting changing risk appetite among investors.
As of late April 2025, Bitcoin was trading around $94,113 against the U.S. dollar, approaching a major barrier near the 0.618 Fibonacci retracement level at $94,930. Technical charts reveal the completion of an inverse head and shoulders pattern, a formation often associated with trend reversals and bullish breakouts.
– BTC and ETH ETF flows reached their highest levels in over 2 months
– The new pro-crypto SEC Chair is adamantly working to clarify crypto regulations
– Multiple ETFs are now being filed (SOL, SUI, NEAR, XRP, etc.)
– Banks are no longer required to report crypto activity
-… pic.twitter.com/9uquN22nF2
— CryptoData (@TheCryptoData) April 27, 2025 Moving averages further support the rally, with Bitcoin crossing above the 50-day extended moving average (EMA) and the 60-day simple moving average (MA). However, momentum indicators show signs of fatigue. The daily Relative Strength Index (RSI) stands at 67.39, nearing the overbought threshold, while the Stochastic RSI shows extreme levels of approximately 97.00 and 98.98.
If Bitcoin fails to achieve a major close above $96,000 in the coming days, possible retracement levels include the 0.5 Fibonacci zone near $91,363 and further downside toward $90,829. Traders are closely monitoring RSI and Stochastic RSI for confirmation of a possible bearish crossover that could signal near-term corrections.
ETF Activity, Bank Reporting Changes, and State-Level Initiatives Institutional interest continues to build momentum. Bitcoin and Ethereum ETFs recorded their highest inflows in over two months, reflecting renewed appetite among investors. Several new filings have emerged, expanding the market beyond Bitcoin and Ethereum to include assets such as Solana (SOL), Sui (SUI), Near (NEAR), and XRP.
Source: X In regulatory developments, a new pro-crypto Chair at the U.S. Securities and Exchange Commission (SEC) is actively working to clarify the agency’s approach to digital assets. At the same time, banks are no longer required to report cryptocurrency activities, easing a previous regulatory burden and signaling a more open stance towards crypto banking relationships.
Arizona is scheduled to hold a third hearing on April 28, 2025, at the state level, regarding a proposal to establish a Bitcoin State Backed Reserve (SBR). If approved, Arizona would become the first U.S. state to integrate Bitcoin into its treasury operations formally.
Bitcoin’s Correlation with Safe-Haven Assets Strengthens Comparing the movement of the Bitcoin futures with gold (XAUUSD) and silver (XAGUSD) shows that Bitcoin behaves more and more like other traditional store-of-value assets. When the markets started to open up in early 2025, it was seen that Bitcoin, especially gold and silver, had rather sharp declines; however, they showed signs of a great recovery from late March. As of the end of April, the current value of gold is about $2,380 per ounce, while silver is around $30.5.
The Billionaire Boodle news agency recently recognized Bitcoin as a ‘safe haven,’ thereby paving the way for its trend among traditional hedge assets. This suggests that macroeconomic risks are on the rise, and investors are diversifying their hedges.
Source: X Bitcoin’s monthly returns from 2019 to 2025 underline its volatile nature. Even as the global stock market headed to a minor positive growth of +13.67% in April 2025 after a bearish February at -17.39% and a marginal negative March at -2.30%, the stock markets do not leave room for saying otherwise. The trend of the prior year falls in May and June, and May 2021 especially recorded -35.3 while June 2022 recorded -37.28.
AUTHOR
Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team.
Bitcoin (BTC) is looking more like a safe-haven asset amid the financial wreckage caused by President Donald Trump’s tariff rollouts, according to the digital asset investment management firm NYDIG.
Greg Cipolaro, the global head of research at NYDIG, notes in a new analysis that Bitcoin demonstrated some decoupling with equities, US Treasuries and the dollar last week.
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“Geopolitical tensions, including tariffs, remain topical (despite Trump walking back many of them), but political pressure from Trump on Fed Chair Powell, and even speculation about his potential dismissal that added to market unease. In many ways, this is exactly the kind of environment where Bitcoin should shine.
The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7 (guilty), the shift is palpable. That said, we haven’t yet seen confirmation in the data. Our preferred correlation measure — a 90-day rolling window — currently shows rising correlations between bitcoin and US equities.”
Cipolaro argues that wavering faith in US policy choices has diminished the status of the US dollar and US Treasuries as safe-haven assets.
“What is interesting to us is that since ‘Liberation Day’ on April 2nd, a new picture of haven assets is starting to emerge, one which includes bitcoin. Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is.”
Bitcoin is trading at $95,205 at time of writing. The top-ranked crypto asset by market cap is up more than 2% in the past 24 hours.