The SpaceX-labelled wallets made their second large-scale Bitcoin transfer in three months, raising speculation of a sale as the company faces growing competition.
Nansen News
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The founder of the Chinese cryptocurrency exchange plans to announce the trust within a few weeks, with the backing of Ether supporters.
4194 - Newsletter
Babylon unveils a proof-of-concept for using native Bitcoin in DeFi lending, as BNB Chain and Hyperliquid post major updates.
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Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD stablecoin, then sent it all to a burn address.
6672 - Altcoin Watch
Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible?
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Nansen data revealed that in the last 30 days, BNB Chain transactions surpassed 500 million, ranking second only to Solana in transaction count.
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Binance Wallet’s balance display issues came soon after CZ-owned Trust Wallet reported experiencing the same issue on Sunday.
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Ethereum layer-2 tokens outperformed the market, with Mantle surging 31%, driven by Bybit integration and increasing adoption across scaling solutions.
5223 - Altcoin Watch
SOL’s bull case is supported by a rising TVL and DEX activity, along with strong institutional demand and investors’ hope for spot ETF approvals.
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BNB Chain traders made millions on new memecoins going parabolic, with one turning $3,500 into $7.9 million amid a surge in onchain trading activity.
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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.
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Onchain dynamics point to a renewed accumulation phase that may see Bitcoin’s price surpass $150,000 before the end of 2025, market analysts told Cointelegraph.
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The trader bagged nearly $2 million in profit by investing in the “4” memecoin shortly after Zhao’s social media post following a BNB Chain phishing incident.
41204 - Market Analysis
Ether’s chances of breaking above $5,000 depend on institutional accumulation, but rising competition and muted derivatives metrics keep investor sentiment restrained.
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US First Lady Melania Trump promoted her MELANIA token in an AI video, but questions linger over $10 million in team token sales and a 98% price collapse.
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