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Back noted that the crypto community’s reaction to bitcoin’s latest rally to $73,000 was lackluster.
The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies. Shiba Inu led the meme coin market with a weekly trading volume of $31 billion. Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.
Ethereum Foundation’s Tim Beiko called Dencun one of the most complex forks since the Merge, with most EIPs implemented in a fork.
BTC price records keep coming with $74,000 on the table in advance of another day's Bitcoin ETF inflows
In the past 24 hours, many new popular tokens and topics have emerged in the market, which could potentially be the next wealth creation opportunity.
- 09:20Wintermute Transferred 115 BTC from CEX 5 Hours Ago, Worth About $8.32 MillionWintermute transferred 115 BTC from CEX five hours ago, worth approximately $8.32 million, according to monitoring by The Data Nerd. In total, Wintermute has transferred 1,713 BTC (about $123.8 million) from Coinbase, Coinbase and Cobo in the last 24 hours. Wintermute still holds 1,996 BTC (approximately $142.68 million).
- 09:11Curve Finance Founder: Overcollateralized Stablecoins Vulnerable to Geopolitical Risks from Government RegulationMichael Egorov, founder of Curve Finance, recently said that the potential risks of overcollateralized stablecoins have recently become more prominent, according to Cointelegraph. These risks are not necessarily the reserve-related risks that investors typically cite, but rather the geopolitical risks posed by government regulation. “The underlying assets backing collateralized stablecoins, including cash deposits at financial institutions and government securities such as U.S. Treasury bills, are vulnerable to asset freezes and seizures.
- 09:05A giant whale spent $1.6 million on Polymarket in the last two days betting on Trump's win and Harris' lossAccording to Onchain Lens monitoring, a giant whale spent $1.6 million on Polymarket in the last two days betting on Trump's victory and Harris' defeat. He still has 898,000 USDC in his wallet and will likely continue to bet.
