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Pantera Capital has invested in The Open Network (TON). “TON has the capacity to introduce crypto to the masses,” according to the venture firm.
The seven-day moving average of total daily Bitcoin transaction fees has fallen back to the same level as Ethereum following a decline in Runes activity post-halving. Average daily transaction fees on Bitcoin surged to a record $25.8 million on April 24 before falling back to $4.1 million on Wednesday.
Jito has become the largest DeFi protocol on the Solana blockchain. Jito now holds 10 million SOL ($1.4 billion) in total value locked.
JPMorgan analysts maintain a ‘cautious’ stance on crypto in the near term due to a lack of positive catalysts and declining retail investor interest.Last month, the analysts said the bitcoin price is expected to fall post-halving as the event was already priced in.
“Over the years, Dogecoin appears to mirror its previous bull cycles! All you need is a little bit of patience,” the analyst argued.
Bitcoin derivatives traders are bracing for a summer slowdown in market activity, according to an analyst.
BTC fell well below the $60K mark, SHIB burn rate experienced a significant increase, while XRP remained steady amid the market havoc.
AltLayer has introduced its restaked ALT (reALT) token as the rollup platform begins the second phase of its staking program. Restaked ALT is an auto-compounding ERC-20 token issued to users staking ALT in AltLayer’s main staking pool.
The U.S. spot bitcoin ETFs recorded their largest net daily outflows on Wednesday, with $563.7 million leaving the funds, according to SosoValue data.Fidelity’s FBTC saw $191 million moved out of the fund, exceeding the $167.3 million net outflow recorded by Grayscale’s GBTC.BlackRock’s IBIT saw its first net daily outflow.
- 21:18L2 Volume on Uniswap Protocol Hits All-Time High, Surpasses $500 BillionL2 transaction volume on the Uniswap protocol reached an all-time high, topping $500 billion, according to Dune data.
- 21:17Dollar index down 0.12% on 16The U.S. dollar index, a measure of the greenback against six major currencies, fell 0.12% on the day, closing at 108.955 at the end of the currency market.As of the end of the currency market in New York, the exchange rate of 1 euro to 1.0302 U.S. dollars, higher than 1.0293 U.S. dollars in the previous session; 1 pound to 1.2235 U.S. dollars, higher than 1.2231 U.S. dollars in the previous session. Yen 156.46 yen for 1 U.S. dollar, down from 156.46 yen for 1 U.S. dollar; 0.9109 Swiss francs for 1 U.S. dollar, down from 0.9127 Swiss francs for 1 U.S. dollar; 1.4396 Canadian dollars for 1 U.S. dollar, up from 1.4329 Canadian dollars for 1 U.S. dollar; 11.1466 Swedish kronor for 1 U.S. dollar, down from 11.1543 Swedish kronor for 1 U.S. dollar.
- 21:16ADA Ada Coin price reaches $1.1195 per coin, down -2.01% on the dayLatest price news for Ada Coin cardano, ADA Ada Coin real time price fell -2.01% to $1.1195, trading volume $2.242 billion After k-chart analysis, it is currently in an oscillator trend. It is slightly up compared to 15:00, slightly down compared to 16:00, up from 08:00 and down from 12:00. Overbought condition, active market, strong upward momentum.According to the Williams indicator, it is currently overbought. Trading volume has increased recently, trading volume is higher than in the previous hours, price and volume are rising at the same time: trading is active and upward momentum is strong.The market is overbought and then falling, so short-term investors are advised to wait and see for the market to further clarify its direction. The above is for reference only and does not constitute investment advice.