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The well-known decentralized application data platform DappRadar has announced the cessation of operations due to financial unsustainability and issues with its business model. The price of its token, RADAR, has plummeted, and the decline in the GameFi and NFT industries has led to a sharp decrease in revenue. Summary generated by Mars AI This summary was generated by the Mars AI model; the accuracy and completeness of its content are still being iteratively improved.
Quick Take Bitwise’s spot XRP ETF will start trading on Thursday under ticker XRP. There have been a rush of new altcoin ETFs in the U.S. market since the SEC updated its guidance clarifying procedures for firms seeking to roll out crypto ETFs.
Quick Take William Lonergan Hill was sentenced on Wednesday in the U.S. District Court for the Southern District of New York about two weeks after the sentencing of his former colleague Keonne Rodriguez. The pair pleaded guilty in July after initially denying the charges last year.
Quick Take World Liberty said it froze some user accounts in September following third-party security lapses and is beginning to reallocate funds to secure wallets. Earlier this week, Sens. Elizabeth Warren and Jack Reed reportedly asked the Justice and Treasury Departments to investigate alleged WLF token sales to sanctioned entities, citing Accountable.US research.
Bitcoin has slipped below key cost-basis models as spot demand and ETF flows weaken. Derivatives mirror this softness, with falling open interest, cycle-low funding, and options repricing sharply for downside. Rising IV and heavy put demand show the market rotating into protection.
- 19:19The U.S. Government Accountability Office launches investigation into "Fed critic" PooleJinse Finance reported, citing AXIOS, that the U.S. Government Accountability Office confirmed on Thursday that it has launched an investigation into Bill Pulte, Director of the Federal Housing Finance Agency, who has drawn criticism for consistently attacking opponents of Trump. A spokesperson for the agency stated: “I can confirm that the Accountability Office has accepted the investigation request according to standard procedures. It may take several months to determine the full scope of the investigation and the planned completion time.” According to reports, Pulte has also been involved this year in a grand jury investigation related to multiple mortgage fraud cases. As Director of the Federal Housing Finance Agency, Pulte has used his position to accuse competitors of the Trump administration of mortgage fraud. Pulte has long been a critic of the Federal Reserve, frequently calling for Powell’s resignation, and has accused Federal Reserve Governor Lisa Cook of mortgage fraud, making similar allegations against New York Attorney General James and California Democratic Senator Schiff.
- 18:41Data: If ETH falls below $2,998, the cumulative long liquidation intensity on major CEXs will reach $1.376 billionsAccording to ChainCatcher, citing data from Coinglass, if ETH falls below $2,998, the cumulative long liquidation volume on major CEXs will reach $1.376 billions. Conversely, if ETH breaks above $3,311, the cumulative short liquidation volume on major CEXs will reach $1.317 billions.
- 18:41Data: If BTC breaks $96,913, the total short liquidation intensity on major CEXs will reach $1.952 billions.According to ChainCatcher, citing Coinglass data, if BTC breaks through $96,913, the cumulative short liquidation intensity on major CEXs will reach $1.952 billions. Conversely, if BTC falls below $88,213, the cumulative long liquidation intensity on major CEXs will reach $1.363 billions.