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Markets
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Unlocks are scheduled releases of previously locked-up cryptos to prevent early investors and insiders from selling tokens in large numbers.
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins
The broad-based CoinDesk 20, a liquid index of the biggest tokens, minus stablecoins, was down 3%.
Friend.Tech Money Metrics Surge Ahead of Potential Airdrop, V2 Release
The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype back.
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%
The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.
Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst
Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.
TokenFi Developers Propose New Program to Boost Benefits for TOKEN Holders
The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits.
Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises
Options implied volatility is overpricing the event, Amberdata's Greg Magadini said.
Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
Crypto-related companies looked set to start the week on a positive note.
