News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Quick Take Dromos Labs, the startup behind the Base-based Aerodrome and Optimism-based Velodrome DEXs, unveiled a central liquidity hub called Aero to serve as a jumping point for additional EVM extensions. Further, the team is rolling out a new DEX operating system, MetaDEX 03, to boost protocol and liquidity provider revenues.
Quick Take Cathie Wood’s Ark Invest purchased $30.5 million worth of Circle shares across three of its ETFs on Wednesday. Circle’s stock fell 12.2% to close at $86.3 despite the company reporting strong earnings.
Quick Take CME Group and FanDuel said they are jointly launching a new prediction markets platform in the U.S. next month through a standalone app. The app is set to offer event contracts on sports, crypto prices and other benchmark assets. The prediction markets sector is currently dominated by Kalshi and Polymarket, both of which continue to expand through major partnerships.
Quick Take Polymarket has reopened in the U.S. in beta mode, founder Shayne Coplan said at a recent event. Earlier this week, Polymarket has added PrizePicks and Yahoo Finance to its growing list of partnerships.
- 05:05Bitwise CIO: Most digital asset treasury public companies will trade at a discountJinse Finance reported, citing market sources: Bitwise Chief Investment Officer Matt Hougan stated that most digital asset treasury-listed companies will trade at a discount due to insufficient liquidity, operating costs, and risks; only those outstanding companies that can continuously increase the per-share value of their crypto assets will trade at a premium.
- 05:04The current Crypto Fear & Greed Index is 20, indicating a state of extreme fear.Jinse Finance reported, according to Coinglass data, the current Crypto Fear & Greed Index is 20, up 8 points from yesterday. The 7-day average is 13, and the 30-day average is 24.
- 05:02Paragraph launches writer coins, 5% of tokens will be rewarded to past supportersForesight News reports that the Web3 content publishing platform Paragraph has launched writer coins to help writers and creators shift from paid subscriptions to tokenized support. The platform will pre-allocate approximately 5% of tokens as rewards to past supporters (such as Paragraph/Mirror readers, Zora/Base author token holders, subscribers, and Farcaster/Base followers), weighted by contribution. Writer coins are by default paired with WETH and can be linked with Zora or Base author tokens to achieve synchronized growth. When readers browse publications and read articles, the system will prompt them to purchase writer coins, and new subscribers can become supporters instantly with just one extra click.