Polyhedra said it’s investigating a massive plunge in the price of its governance token, which now sits at 31 cents, down from $2. Polyhedra Network (ZKJ) plunged 83% on Sunday after a series of “abnormal on-chain transactions” involving the ZKJ/KOGE (KOGE) trading pair — a collapse Binance said was triggered by a sudden liquidity crunch.…
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Strategy chair Michael Saylor said during a meeting with the country’s finance and crypto ministers that he welcomed the opportunity to advise Pakistan on its crypto ambitions. Pakistan has secured another big name to support its crypto pivot after Strategy executive chair Michael Saylor met with the country’s Ministry of Finance to laud its crypto…
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Crypto analytics firm Santiment found that Ether whales boosted their ETH holdings by 3.72% while retail investors have been banking profits. Major Ethereum holders have been scooping up Ether over the past month as the cryptocurrency chopped sideways, while retail investors have been cashing out. Ethereum wallets holding between 1,000 ETH (whales) and 100,000 ETH (sharks)…
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Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays. Key takeaways Grok scans real-time sentiment on X to detect early crypto trends, including meme coin momentum and macro reactions. Traders have used Grok-style setups to track tokens like TURBO, ORDI and FET before price…
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Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle. If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting. But what…
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Circle’s USDC has a market capitalization of over $61 billion, making it the second-largest stablecoin, second to Tether’s USDt. Circle’s USDC stablecoin launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors…
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Strategy’s Michael Saylor claims that “all the evidence” indicates Bitcoin is unlikely to face another crypto winter anytime soon. Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will see it rally to $1 million. “Winter is not coming back,” Saylor told Bloomberg on Tuesday.…
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GameStop shares slid over 3.5% after-hours on Tuesday, falling to just above $29 after the video game retailer missed revenue estimates for Q1. GameStop Corp (GME) shares dropped after-hours on Tuesday as the video game retailer reported mixed results for its first quarter, showing significant operational improvements amid a decline in revenue. The new Bitcoin…
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Nearly 30% of the 100 executives at a Fortune 500 firm said their company has plans or is interested in stablecoins, up from 8% who said the same last year. Interest in using stablecoins has tripled year-over-year from 2024 among company executives at Fortune 500 companies, according to a report by crypto exchange Coinbase. Nearly…
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Dubai’s property market hit $18.2 billion in sales in May alongside growing tokenization momentum, new regulations and a record $3 billion real estate blockchain deal. Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization. According to data shared in…
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