DEGO trading volume is $11.18m. Market capitalization reaches $7.2m.
Archives: Fast News
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107.6M USDT withdrawn from OKEx on Tron
A whale moved 107.6M USDT ($107.4M) from OKEx to an unknown wallet on the Tron network. The transfer represents 0.058% of USDT’s total market cap. Outflows from major exchanges often signal accumulation by large holders rather than immediate sell pressure.
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AI job losses and war inflation could lead to federal rate cuts and potential Bitcoin surge
AI-related job losses could trigger interest rate cuts by the Federal Reserve. Additionally, inflation due to war affects economic stability, further influencing these decisions. Lower interest rates generally favor Bitcoin, leading to potential increases in its price.
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Kurv XRP Enhanced Income ETF advances toward launch following SEC filing
Kurv has filed with the SEC to launch an XRP Enhanced Income ETF, marking progress toward bringing a new investment vehicle to the market. The filing represents the latest effort to expand ETF offerings tied to XRP, following increased institutional interest in alternative cryptocurrency investment structures. SEC approval of such products could broaden accessibility for investors seeking XRP exposure through regulated fund mechanisms.
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Raydium WSOL-PIPPIN pool on Solana offers 55.55% APY
Raydium’s WSOL-PIPPIN liquidity pool on Solana is offering 55.55% APY with approximately $13M in total value locked. The high yield reflects elevated risk associated with non-stablecoin pairs. Liquidity providers should carefully assess their risk tolerance and conduct due diligence before committing capital.
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Circle settles $68M internally with USDC in under 30 minutes
Circle has begun using its USDC stablecoin for internal corporate treasury transfers, completing a $68M settlement across eight entities in less than 30 minutes. The move demonstrates faster settlement compared to traditional bank wire transfers, which typically take multiple days. The transaction highlights potential efficiency gains for corporate blockchain adoption.
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Ethereum shorts outnumber longs by more than 12 to 1
Ethereum futures markets are showing a significant imbalance, with short positions exceeding long positions by more than 12 times. This divergence suggests traders are positioning heavily for downside, though such extreme ratios can sometimes signal potential for sharp reversals when sentiment shifts. ETH is currently trading at $1,961.
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Cardano founder highlights EUTXO and Leios as competitive advantages
Charles Hoskinson, founder of Cardano, expressed confidence in the network’s technical foundations, citing extended UTXO (EUTXO) model, liquid non-custodial staking, and the Leios protocol as key differentiators. Hoskinson noted that while these technical innovations address the blockchain trilemma, their competitive advantage depends on ecosystem maturity. He emphasized the need for robust decentralized applications and DeFi platforms to fully leverage these capabilities. ADA is currently trading at $0.2586.
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Cardano founder discusses Pentad governance framework
Charles Hoskinson, founder of Cardano, outlined the purpose of the Pentad governance structure, stating it was designed to reset how delegated executive authority operates within the ecosystem. According to Hoskinson, the initiative brings together multiple stakeholders to coordinate efforts in advancing the Cardano network as a unified entity. The statement reflects ongoing governance evolution within the ADA ecosystem.
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Crypto.com integrates Venmo for USD deposits, expanding accessibility
Crypto.com has integrated Venmo to enable faster USD deposits, according to the announcement. The integration potentially expands accessibility to Venmo’s user base of over 90 million users. ADA is currently trading at $0.2586.