The Block
Quick Take Consensys-incubated Linea has introduced the Linea Association in the latest step toward decentralizing the network. The Linea Association plans a LINEA token launch in Q1 2025. Consensys also develops the popular non-custodial web3 wallet MetaMask but is yet to confirm any token launch plans for that project.
Spot bitcoin ETFs in the U.S. drew in $817.5 million in daily net inflows amid a broader crypto market rally on Tuesday, which has since paused.Bitcoin fell 3.4% in the past 24 hours to currently trade at $86,855, potentially indicating some profit-taking by investors, according to a BRN analyst.
President elect Donald Trump announced Tuesday that Tesla CEO Elon Musk and Strive co-founder Vivek Ramaswamy will lead the Department of Government Efficiency, or “DOGE.”Dogecoin’s market capitalization has soared recently to $60 billion.
AltLayer has announced the upcoming launch of “Autonome” to accelerate the “Verifiable Agentic Web.”The platform is designed to facilitate the creation, deployment, discovery and distribution of autonomous AI agents.
AI bot Truth Terminal became a crypto millionaire after its holdings in the Fartcoin meme token jumped in value.Its largest position is GOAT, a token inspired by the disturbing rectal meme.
Coinbase has launched a new index representing the top 50 digital assets listed on its exchange that meet the index’s fundamental criteria for inclusion.The COIN50 index is also available to trade as a perpetual future with up to 20x leverage.
The company, formerly known as Marathon Digital, reported third-quarter earnings that came in below expectations.MARA mined 2,070 BTC and purchased 6,210 BTC during the quarter.
The German government sold 50,000 bitcoin just four months ago — right before a major rally in the asset’s price.This pales in comparison to the amount of value the U.S. government has missed out on from its 11 bitcoin auctions.
Bitcoin futures basis yields have surged to 7-month highs, raising concerns over market leverage, QCP Capital analysts say.However, the analysts noted strong demand for high-strike call options, signaling investors’ anticipation of further breakout potential.
Quick Take ZERO Network has launched, allowing Zerion Wallet users to trade, mint, swap and bridge without paying gas fees. It uses native account abstraction with Smart Accounts and Paymasters to sponsor free transactions for Zerion Wallet users. Zerion also announced an undisclosed amount of funding from angel investors.
