Decentralized exchange dYdX introduced a new proposal seeking approval for the allocation of $8 million in DYDX tokens from the dYdX Chain Community Treasury. The funds would be directed to dYdX Grants, a fully owned subsidiary of the dYdX Foundation, with the goal of establishing and managing a revised version of the dYdX Grants Program….
In recent weeks, the Bitcoin Dominance Index (BTC.D), which measures Bitcoin’s market share relative to the entire cryptocurrency market, has recorded a sharp decline of 6.30%. According to technical analysts, this could be an early signal of an upcoming “Altseason” expected to unfold within 3–6 months. Bitcoin Dominance Gives Way, Altseason Nearing? According to observations…
Tron, Nasdaq-listed company formerly known for selling theme park souvenirs, has filed to register up to $1 billion in securities as it shifts its core strategy toward building a crypto treasury centered on TRX, the native token of the Tron blockchain. Key Takeaways: Tron Inc. plans to raise up to $1B to build a TRX-based…
Despite what is akin to a bull market with the Bitcoin price hitting multiple new all-time highs, the Ethereum price continues to hit major resistances in its campaign for new highs. The most recent is the resistance push at the $3,800, which perfectly aligns with the 4-year resistance line that has kept the leading altcoin…
Cryptocurrency exchange HTX announced the release of the HTX App v11.0, introduced in line with the platform’s 12th anniversary. This version represents a complete system overhaul rather than just a visual redesign, aiming to enhance the overall user experience with cryptocurrency interaction. The updated app features a newly structured interface influenced by contemporary design principles,…
A recent blog post from the European Central Bank (ECB) raised alarms about the implications of the US dollar’s dominance in the stablecoin market, especially in light of President Donald Trump’s recent signing of the GENIUS Act into law. This trend could allegedly lead to increased borrowing costs for European nations, diminish the autonomy of…
Some of the most popular NFT projects are recording a surge in floor prices, inspiring speculation that the frenzy around these digital collectibles is rising. Ethereum kicked off a possible NFT season with the unveiling of its NFT Torch ahead of its 10-year anniversary tomorrow. CryptoPunks and Moonbirds Floor Price Surge Signals a Potential NFT…
Chinese Bitcoin mining rig manufacturer Bitmain is considering a phased strategy to establish its first US factory soon. The company would also officially set up a new headquarters in either Texas or Florida, Bloomberg reported. In the first phase, Bitmain intends to recruit about 250 local employees for manufacturing and site-level maintenance units. According to…
CryptoPunks, one of the most iconic NFT collections on Ethereum, is back in the spotlight after recording a dramatic surge in trading activity. The series notched over $24.6m in weekly volume last week, its highest tally since March, marking a 416% rise from the prior week, data from the OpenSea collection showed. That spike in…
Mill City Ventures III, a Nasdaq-listed non-bank lender, has raised $450 million in a private placement to overhaul its business model and establish a cryptocurrency treasury centered on Sui, the native token of the Sui blockchain. Key Takeaways: Mill City Ventures raised $450M to build the first public Sui token treasury. 98% of the funds…