News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Whales used the recent market volatility to accumulate more XRP and DOGE once again.
Quick Take The launch of the crypto-AI focused Aiccelerate DAO (AICC), now worth around $150 million, led to criticism on X after some insiders who took part in the project’s presale quickly sold their token allocations. Bankless Ventures, which received criticism after selling 10% of its allocation in an “impulsive mistake,” later rebought the tokens. In response to the controversy, the DAO said it “will implement a vesting structure for individual allocations and are having discussions with advisors to d
Quick Take A lawsuit from New York Attorney General Letitia James alleges that a ring of crypto scammers has stolen at least $2.2 million from New Yorkers solicited from fake remote work offers. James seeks to become the first regulator to serve unidentified scammers a lawsuit via an airdropped NFT.
US Nonfarm Payrolls and Unemployment Data have been released. Here is the latest.
- 19:45A whale has accumulated 1.18 million UNIs worth about $11.31 million in the last two daysAccording to Aftermath, a whale has withdrawn 326,000 UNI tokens worth approximately $3.05 million from CEX in the last five minutes. The address has accumulated 1.183 million UNIs in the last two days, with a total value of about $11.31 million, and an average purchase price of $9.55.
- 19:43NYSE Files SEC Petition to Convert Grayscale Litecoin Trust to Spot ETFThe New York Stock Exchange (NYSE) has filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to convert the Grayscale Litecoin Trust into a spot Litecoin ETF, according to a Solid Intel disclosure document. The filing is part of a proposed rule change that is subject to SEC review and open for public comment. If approved, this will be the third major cryptocurrency spot ETF after the Bitcoin and Ether ETFs.
- 19:26Glassnode: Bitcoin Forms Important Support in $975-$99,000 Range, Costs Short-Term Holders Around $92,000Analysis shows that the $975-$99,000 range is forming a significant support level, well above the short-term cost basis for holders (~$92,000). Should the price fall below $975,000, unrealized losses would increase significantly, potentially exacerbating downside risks.