News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Quick Take Solana’s total stablecoin supply has reached a new high, exceeding $10 billion for the first time. The value of stablecoins on the network has increased by nearly 110% since January, growing from $5.1 billion to $10.8 billion. The surge in Solana’s stablecoins has been largely driven by Circle’s USDC issuance on the network.
Quick Take Ulbricht, who was previously imprisoned for over 11 years, said in a video clip that he is grateful to have his life back. Ulbricht said there’s “a lot to talk about,” and he looks forward to “re-engaging with the free world” once he feels up to it.
Quick Take THORChain has paused its THORFi services due to financial uncertainties. A 90-day restructuring initiative has been enforced to address issues.
Institutional investors are expected to moderate the intensity of any upcoming altcoin season by favoring bitcoin and ether, potentially driving their prices to new highs, an analyst said.This, coupled with the introduction of innovative investment products like buffered ETFs, signals a maturing crypto market where institutional influence plays a key role.
- 08:27Data: Arkham Says 80,000 BTC Whale Transfer May Be Just an Address UpgradeAccording to ChainCatcher, on-chain analytics platform Arkham posted on X stating that the ancient whale, which previously transferred over 80,000 BTC, may simply be upgrading its address rather than planning to sell. The whale migrated its old address starting with "1-" to a new address beginning with "bc1q-". So far, there is no indication that this ancient whale is selling its Bitcoin.
- 08:22TON is currently priced at 2.93 US dollarsAccording to Jinse Finance, market data shows that TON is currently priced at $2.93, with a 24-hour increase of 6.1%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 07:23Matrixport withdrew 15 million USDT from an exchange in the past hourOdaily Planet Daily News: According to Arkham data, a Matrixport address withdrew 15 million USDT from a certain exchange within the past hour, and subsequently transferred the funds in batches of 5 million each to related addresses. Previously, a suspected Matrixport address had cumulatively withdrawn over 50,000 ETH from the same exchange in recent days.