Latest from Shaurya Malwa
USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.
DeFi Platform Earning Yield by Shorting Ether Attracts $300M
Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures.
Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX
However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
AI Tokens Rally as OpenAI’s Sora Brings Renewed Hope to the Sector
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.
Bitcoin Steady Over $52K;Traders Target $55K in Short-Term
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.
Solana’s SOL Futures Rack Up $1B in Record Bullish Bets
The present bias towards long positions means potential for a long squeeze, where investors who hold long positions feel the need to sell into a falling market to cut their losses.
Ether Traders Target $3.5K as ETH Jumps on ETF Expectations
Several traditional financial firms are vying for an ether exchange-traded fund in the U.S., a move that is boosting the token’s medium-term outlook.
Bitcoin Hits $52K, Regains $1T Market Cap; Genesis Cleared to Sell $1.3B GBTC Shares
Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows.
Bitcoin Traders Target $64K as BlackRock ETF Nears $500M in Single-Day Inflow
Excluding Grayscale's Bitcoin Trust, the bitcoin exchange-traded funds have accumulated over $11 billion worth of BTC a month after going live.
Sandbox’s SAND Slides, ApeCoin Steady Ahead of $125M in Unlocks
Token unlocks refer to the release of previously locked or restricted tokens into the market.
