Ethena's ENA token surges 48%, but altcoin season will have to wait
ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season.
Crypto
Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing. Here's why.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.
MANTRA Halts Chain, Bitcoin Miners Bet on AI, Crypto Phishing Targets 885K Numbers
Today in crypto, MANTRA’s token fell to an all-time low amid a precautionary halt. Bitcoin miners are pouring billions into AI and high-performance computing even as revenue trails investment, while a newly uncovered phishing operation targeted about 885,000 phone numbers worldwide. MANTRA token sinks 18%… Read More
A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won’t sit idle.
Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users
The approved plan reallocates 546.9 million OP from user airdrops to a Foundation-controlled Strategic Ecosystem Fund.