The creator of the Ethereum layer 2 network, ZKsync, has unveiled a proposal to transform its $ZK token from a governance instrument into one with real economic utility. A new proposal, “From Governance to Utility: ZK Token Proposal, Part I,” posted Tuesday by Alex Gluchowski on the ZKsync community forum, describes how network usage and […]
ZKsync proposal aims to tie $ZK token to network revenue Read More »
Dogecoin slipped 6.7% to $0.1605 over the past session, breaking through key support at $0.17 as major players fell into weakness. Volume soared approximately 76% above the seven-day average, reinforcing a clear distribution signal rather than an emotional retail flow. The bears are now in control of the structure with $0.16 serving as the next
Prints low-low sequence as $0.17 resistance locks in Read More »
Adena Friedman, CEO of Nasdaq, sees blockchain reshaping the traditional financial system in three main ways: by overhauling post-trade infrastructure, freeing up trapped capital through better collateral mobility, and enabling faster, smoother payments. “There is so much capital trapped, whether in clearinghouses or clearing brokers,” Friedman said in a discussion with Ripple President Monica Long
Nasdaq CEO Outlines 3 Ways Blockchain Can Fix Finance Read More »
TONNE$1.9431 fell sharply over the past 24 hours, falling below the key $2 level amid a broader crypto market slowdown that saw the CoinDesk 20 Index (CD20) fall 2.57%. The token fell 5.5% to $1.97, with volume up 89% above daily averages. Traders pushed TON through several support zones before finding a position near $1.92,
Toncoin falls below $2 as overall market conditions weigh on price Read More »
SUI, the native token of the Sui blockchain, fell on Tuesday after breaking critical support levels and triggering a wave of technical selling. The token fell 9.2% to $2.02 as trading volume increased and recovery attempts repeatedly failed. The sell-off follows Monday’s announcement of a $116 million exploit involving decentralized finance (DeFi) protocol Balancer, which
SUI Plunges 9% as $116M DeFi Mining Rocks Crypto Markets Read More »
Bitnomial, a Chicago-based derivatives exchange and clearinghouse regulated by the Commodity Futures Trading Commission (CFTC), has become the first registered derivatives clearing organization in the United States to accept stablecoins as margin collateral, the company announced in a press release on Tuesday. The company announced its support for RLUSD$1.0004 and XRP margin deposits on Tuesday,
Hashprice plunged to its lowest level since April, when bitcoin was trading around $76,000, now sitting at $43.1 per petahash/second (PH/s). Hashprice, a term coined by Luxor, refers to the expected value of one terahash per second (TH/s) of hashing power per day, representing how much a miner can earn with a specific amount of
BTC Mining Profitability Collapses as Hashprice Falls to Multi-Month Low Read More »
The crypto market suffered a massive sell-off on Tuesday with bitcoin BTC$103,905.78 approaching its lowest level since June and the ether ETH$3,518.11 trading at $3,480, the lowest since August. Selling pressure has led to approximately $1.4 billion in liquidations on derivatives exchanges, which at press time are performing better than in October, when Binance’s automatic
BTC price nears June low as $1.4 billion liquidations rock Altcoins Read More »
UBS said it has completed the first on-chain redemption of a tokenized fund using Chainlink’s digital transfer agent (DTA) in a live transaction that highlights how blockchain infrastructure is beginning to interface with the $100 trillion global funds industry. The transaction involved tokenized money market fund UBS USD Money Market Investment Fund Token (uMINT) built
Less than a week after Strategy (MSTR) reported third-quarter results and hinted at the launch of international perpetual preferred stock, the company launched Stream (STRE), a euro-denominated perpetual preferred security, the company announced Monday. STRE will be issued at a price of 100 euros ($115) per share with an annual dividend of 10% payable quarterly
Strategy (MSTR) Introduces Euro-Denominated Flow Preferred Stock After Q3 Results Read More »
