TL;DR Shiba Inu is introducing its first-ever democratic process to appoint an interim president through a multi-phase election involving open nominations, debates, and final voting. Lead developer Shytoshi Kusama announced a shift toward community-led governance, encouraging SHIB whales to run for the position. The Elections Earlier this month, the popular meme coin project Shiba Inu […]
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court has no legal authority over him because he lives in the United Arab Emirates (UAE). CZ’s Defence According to a Bloomberg report, his legal team submitted the motion on Monday […]
TL;DR SEI trades near support as price drops 9% this week; volume stays above $200 million. Analyst compares SEI to SUI’s pre-rally setup, forecasting a sharp move toward $4 soon. Futures market heats up near $0.30 while Sei network TVL climbs to $604 million. SEI Declines After Pullback, Now Trading Below $0.29 Sei (SEI) is […]
Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to overhaul the network’s fee structure by unifying multiple resource costs under a single maximum fee. The move aims to simplify transaction pricing while improving capital efficiency, addressing long-standing concerns about Ethereum’s complex fee market design. A Unified Approach to Ethereum’s Fee […]
The former gaming firm announced on Tuesday that it now holds 521,939 ETH worth close to $1.9 billion at current market value. Joe Lubin’s Ether treasury firm acquired 83,561 ETH for $264.5 million at an average price of $3,634 between July 28 and August 3. SharpLink stated that its ETH-per-share is now 3.66, up from […]
Many experts have predicted the return of a long-awaited altcoin season. A declining share of Bitcoin dominance and sporadic outperformance in select altcoins have pointed to a subtle rotation into smaller, higher-risk assets, amidst growing appetite for the market. A recent report, however, casts doubt on the sustainability of an altcoin rally. Altcoin Rally Lacks […]
TL;DR Dogecoin liquidation cluster forms near $0.208, creating a key price target for upcoming market moves. Weekly ascending broadening wedge suggests the next swing could reach $1.40 if support continues to hold. An inverse head and shoulders pattern on the hourly chart signals short-term upside toward $0.214 target. Price Action and Market Performance Dogecoin (DOGE) […]
The White House order will involve banks being fined if they drop customers for political reasons or discriminate against digital asset firms and organizations. The executive order directs bank regulators to investigate whether any banks or financial institutions might have violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws, reported The […]
For the first time in 15 weeks, digital asset investment products saw net weekly outflows $223 million. The week started on a high note as $883 million poured in. Momentum, however, reversed sharply following the FOMC’s hawkish stance and strong US economic data. Despite Friday’s weaker payroll numbers hinting at a more dovish Fed approach, […]
TL;DR A popular news channel dedicated to covering Pi Network developments posted today about a security update implemented by the Core Team. Separately, Pi Network’s official account reminded its users how they can benefit by locking up their tokens. Passkey Added The verification process at all Pi Network systems has been a highly controversial topic […]