In Brief Uniswap Foundation’s proposal aims to revitalize governance by rewarding UNI token holders for delegating and staking. The new initiative seeks to enhance the protocol’s fee mechanism, promoting active participation and long-term growth. Technical upgrades involve deploying new smart contracts for fee collection and distribution, with community support. The Uniswap Foundation has unveiled a…
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The put/call ratio for BTC stands at 0.76, reflecting that there are 76 put options for every 100 call options. Quick Take Feb. 23, the last Friday of the month, marks the expiration of an impressive $3.7 billion in Bitcoin (BTC) options, a situation that could notably influence the Bitcoin market, according to Deribit…
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In Brief Crypto whale 0x7a9 acquires $185.5 million in Ethereum over three days, signaling strong market confidence. Analysts express bullish outlook on Ethereum, citing strategic acquisitions and potential for significant growth. Upcoming Ethereum upgrades and potential spot ETF approval may serve as catalysts for further price increases. A prominent crypto whale buys Ethereum (ETH) worth millions getting…
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In Brief Billionaires like Zuckerberg, Buffett, and Bezos are selling off tech stocks, raising questions about crypto investments. Despite these sales, the importance of strategic portfolio management and research remains critical for crypto investors. The upcoming Bitcoin halving as explained by Michaël van de Poppe could influence the market leading to a correction. The financial…
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Quick Take Recent data identified by HODL15Capital shows a shorting trend in the Bitcoin market, with leveraged positions potentially leading to approximately $1 billion of liquidations between the $52,400 and $53,000 mark. As Bitcoin stabilizes around $52,000, the Binance BTC/USDT pair, using the Coinglass Liquidation Heatmap, reveals substantial leverage above this level. Over the past…
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In Brief David Orrell argues quantum mechanics, not Bitcoin, is the future of economics, offering deeper financial system insights. Quantum economics surpasses classical theories by embracing complexities and predicting economic behaviors accurately. He highlights quantum models’ potential in social sciences and decision-making, challenging classical economics’ assumptions. David Orrell, a mathematician and acclaimed author, argues that…
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Massive Bitcoin movement: Over 18,000 BTC withdrawn from Coinbase, impacting exchange balance significantly. Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass. This substantial outflow of nearly $1 billion has significantly influenced Coinbase’s exchange balance. The funds have been…
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In Brief The SUI blockchain’s TVL has soared to $593 million, eclipsing Cardano, which is driven by a $310 million influx over the past month. SUI’s native token has mirrored the blockchain’s TVL, witnessing a 131% increase, highlighting rapid adoption and technological trust. Despite the surge, analysts like Trader XO and Adrian Zduńczyk have expressed…
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In Brief Forbes announces entry into The Sandbox metaverse, marking a significant step into Web3 and digital real estate. Plans to establish a community hub for interaction, engagement, and collaboration within The Sandbox metaverse. The media giant will include a luxurious pool, an elegant bar, and a gallery, aiming to create an engaging environment. Forbes…
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In Brief Miles Deutscher offers 16 trading tips to navigate the volatile cryptocurrency market, emphasizing simplicity and conviction. He advises favoring new coins and viewing corrections as buying opportunities, aligning with insights from other analysts. Deutscher stresses emotional management, recommending a conservative approach and strategic exits to maximize returns. Technical analyst Miles Deutscher unveiled 16…
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