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Bitcoin needs just a 1.26% move to liquidate $3B in shorts, setting the stage for a major short squeeze.Bitcoin on the Brink of Massive Short SqueezeWhat’s Behind the $3B in Shorts?What Traders Should Expect Next
Vanguard may launch crypto ETFs, including Bitcoin, signaling a major shift in traditional finance's view on digital assets.TradFi Titan Vanguard Eyes Crypto ETF LaunchWhy Vanguard’s Move MattersWill This Push Other TradFi Giants Further Into Crypto?
PUSD is designed to reduce reliance on USDT and USDC. It would enable on-chain payments, savings, and borrowing while strengthening Polkadot’s DeFi ecosystem.
Quick Take Summary is AI generated, newsroom reviewed. Ripple CEO Brad Garlinghouse highlighted XRP's ability to settle transactions in approximately 3 seconds, positioning it as a superior alternative to traditional financial networks. Garlinghouse stressed that XRP's long-term value is driven by its utility in solving a big problem, particularly streamlining cross-border payments and asset tokenization. Ripple is focusing on XRP to tokenize and transfer real-world assets like real estate, facilitating ef
Quick Take Summary is AI generated, newsroom reviewed. BitMine added 264,400 ETH, bringing total holdings to 2.42 million. Mid-August purchases spiked with 317,100 ETH, showing an aggressive accumulation strategy. Late August acquisition added 269,300 ETH, strengthening BitMine’s ETH treasury. The company now controls Ethereum worth approximately $9.72 billion in total. Chairman Tom Lee envisions Ethereum’s growth amid rising institutional adoption trends.References UPDATE: Bitmine added another 264K $ETH
- 11:06Suspected Wintermute wallet has accumulated SYRUP worth $5.2 million over the past two weeksAccording to Jinse Finance, Arkham monitoring data shows that a wallet suspected to belong to Wintermute has been "quietly" accumulating SYRUP tokens recently. Over the past two weeks, a total of SYRUP tokens worth $5.2 million have been withdrawn from multiple exchanges and transferred to wallets associated with this market maker. As of now, this wallet holds SYRUP tokens valued at $6.1 million, approximately 20.397 million tokens.
- 10:47A newly created wallet deposited 3 million USDC to open a 10x leveraged HYPE long position.According to Jinse Finance, Onchain Lens monitoring shows that a newly created wallet deposited 3 million USDC into Hyperliquid to open a 10x leveraged HYPE long position.
- 10:07Pump.fun’s protocol revenue surpassed Hyperliquid in the past 24 hoursAccording to Jinse Finance, data from Defillama shows that Pump.fun generated $1.09 million in revenue over the past 24 hours, surpassing Hyperliquid's $896,000 revenue in the same period, and ranking only behind Tether ($23.65 million) and Circle ($8.15 million).