Coinedition
South Korea’s political unrest and martial law declaration triggered a flash crash in cryptocurrencies. XRP saw a dramatic 54% drop on UpBit, struggling to recover compared to Bitcoin’s quicker rebound. South Korea’s crypto market, a major player in global XRP trading, reportedly hindered XRP’s ascent to $3
FAB and Libre Capital signed a MoU to provide tokenized collateralized lending. Libre has issued $150 million of tokenized versions of Brevan Howard funds. FAB will handle liquidity through lending credit lines on Libre’s assets.
Ethereum’s whale transactions hit a high as price dips, hinting at possible accumulation. Surge in new wallet creations suggests growing interest from retail and institutional investors. Increased trading volume and volatile price movements reflect cautious market sentiment.
Vitalik Buterin denies selling any ETH in the past month, clarifying his holdings have increased. The Ethereum Foundation has liquidated over $11 million in ETH since January, funding critical research and development projects. Buterin calls for community respect for the Foundation’s efforts.
Lido Finance launches a community staking module, allowing permissionless entry for node operators, boosting network decentralization. Lido’s DAO vote received strong support, marking a significant shift towards increased validator diversity on Ethereum’s mainnet. The new staking module aims to address regulatory concerns around stETH, emphasizing community-driven, decentralized participation.
Altcoins hint at bullish reversal as accumulation and patterns suggest a breakout. Surging trade volumes for WIF, PEPE, and FTM signal growing investor interest amid dips. Profit-taking and caution lead to market cap drops as investors assess market risks.
Collaboration plans send bullish signals across INJ and FET. INJ is showing signs of strength despite market fluctuations. Crypto analyst predicts collaboration’s positive effect on FET.
DOJ is reportedly investigating Tether over anti-money laundering (AML) violations. Tether CEO Paolo Ardoino disputes these claims, asserting no ongoing investigation. Institutional interest in Bitcoin grows, with Emory University disclosing Bitcoin ETF holdings
Bitcoin price dropped last Friday following Tether investigation reports. Tether CEO denied reports linking his firm to government scrutiny. Paolo Ardoino’s rebuttal reignited Bitcoin’s upward rally.
Vitalik Buterin has confirmed Helios’ importance to the Ethereum network. Buterin identified the remaining steps for Helios to become universally verified. Helios’ team considers their protocol critical for Ethereum scaling.