Ethereum’s validator exit queue has increased to a record $10 billion, but institutional participants, such as Grayscale, are stepping in to replace the exodus. Read More at https://cointelegraph.com/news/ethereum-exit-queue-10b-record-selling-pressure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
CZ’s YZi Labs launches $1B BNB fund as token hits new highs
The Changpeng Zhao-founded YZi Labs is launching a $1 billion fund targeting builders in the BNB ecosystem as BNB skyrockets to all-time highs above $1,300. Read More at https://cointelegraph.com/news/yzi-labs-cz-1-billion-bnb-builder-fund-token-new-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TRUMP memecoin issuer seeks $200M treasury as token plunges 90%
The company behind President Donald Trump’s memecoin is seeking $200 million to build a treasury aimed at supporting the token’s price, which has plunged 90% from its peak. Read More at https://cointelegraph.com/news/trump-memecoin-issuer-raises-200m-to-build-buyback-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin risks plunge to $114K as 'predatory' traders squeeze BTC longs
Bitcoin price analysis gave a new $114,000 bottom target for BTC after a 4% drop from all-time highs, while traders added fresh liquidity. Read More at https://cointelegraph.com/news/bitcoin-risks-new-114k-plunge-predatory-traders-squeeze-btc-longs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A ‘spooky’ Ethereum correlation suggests an imminent breakout
Ethereum is moving in tandem with small-cap stocks, and analysts say both assets could rise together with four potential Fed rate cuts ahead. Read More at https://cointelegraph.com/news/this-spooky-ethereum-correlation-suggests-breakout-is-imminent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto stocks IREN, NAKA struggle amid convertible note deals
IREN and Kindly MD are raising big money through convertible notes, but traders reacted negatively following each of the companies’ multimillion-dollar deals. Read More at https://cointelegraph.com/news/iren-kindlymd-shares-drop-convertible-note-deals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CleanCore Solutions adds over 710M Dogecoin to treasury
CleanCore Solutions says it wants to scale its treasury “responsibly with transparency and resilience” as it aims to accumulate 1 billion Dogecoin tokens. Read More at https://cointelegraph.com/news/cleancore-solutions-dogecoin-crypto-digital-assets-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Major US labor union says Senate crypto bill lacks ‘meaningful safeguards’
The AFL-CIO says the Senate’s crypto framework bill “provides the facade of regulation” that would expose workers’ retirement funds to risky assets. Read More at https://cointelegraph.com/news/major-us-labor-union-raises-concerns-about-crypto-regulations-in-senate-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canary’s Litecoin, HBAR ETFs ready for ‘go-time’ after gov shutdown: Analysts
ETF analyst Eric Balchunas says Canary Capital’s filings for spot Litecoin and HBAR funds are seemingly finalized, but the government shutdown will delay their launch. Read More at https://cointelegraph.com/news/canary-litecoin-hbar-etfs-near-approval-amid-government-shutdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy’s $78B Bitcoin nears Amazon’s 2nd-largest corporate treasury
Strategy’s $78 billion stash of Bitcoin is close to the cash positions held by Amazon, Google and Microsoft, the last of which rejected Bitcoin as a treasury asset last year. Read More at https://cointelegraph.com/news/strategys-bitcoin-nears-amazon-google-microsoft-cash-positions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound