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Pump.fun’s USDC transfers involve routine treasury management, not a massive off-ramp. The co-founder clarified that over $436 million in stablecoins from the PUMP ICO were simply redistributed to internal wallets for business reinvestment, countering misinformation from blockchain analytics reports. Pump.fun co-founder Sapijiju denied any selling activity, emphasizing the moves as standard treasury operations. Transfers totaled […]
Bitcoin’s recent price drop does not signal a collapse in market participation, as institutional adoption continues to grow with major banks like Citibank and JPMorgan expanding stablecoin use, while futures interest and active wallets remain stable, indicating strong long-term structural support. Key Point 1 – Institutional Expansion: Major financial institutions, including Citibank and JPMorgan, have […]
MicroStrategy faces potential $8 billion selling pressure from MSCI index exclusion due to its Bitcoin holdings classifying it as a passive investment firm rather than an operating company. This review, initiated in October 2025, could impact MSTR shares until mid-January 2026, though CEO Michael Saylor defends the firm’s active software business and capital-raising activities. MSCI […]
TOTAL3, representing the total market cap of altcoins excluding Bitcoin and Ethereum, is holding firm at its long-term ascending trendline support amid retreating Bitcoin dominance. This setup signals potential liquidity rotation, paving the way for an altcoin market surge with historical rebounds often sparking major rallies in assets like XRP, BNB, and Solana. TOTAL3’s multi-year […]
President Donald Trump is shielding Elon Musk from testifying in a federal lawsuit over the alleged unlawful dismantling of USAID, citing protections for senior executive officials and separation-of-powers principles. The Department of Justice argues that Musk’s advisory role does not expose him to deposition, amid claims he directed the agency’s shutdown. Trump’s DOJ blocks Musk’s […]
Exodus Movement is leveraging its Bitcoin reserves to fund a $175 million acquisition of W3C Corp, the parent of Monavate and Baanx, to integrate onchain payments into its self-custodial wallet ecosystem. This move positions Exodus as a comprehensive platform for crypto storage, spending, and card issuance. Strategic Acquisition: Exodus acquires W3C Corp for $175 million […]
Plasma (XPL) price has declined over 11% recently despite a positive broader crypto market, driven by upcoming token unlocks, reduced on-chain activity, and falling stablecoin TVL. This has weakened the token’s short-term momentum, with further downside risks to $0.15 if bearish trends persist. Upcoming unlocks: 88.88 million XPL tokens worth $18.13 million set to release […]
Synthetic stablecoin depegs, like those of USDe and xUSD, triggered massive liquidations and eroded market confidence in 2025. The USDe de-peg on October 10 caused a 40% price drop, wiping out nearly $20 billion in positions, while xUSD’s issues led to $93 million in losses and $40 billion in DeFi liquidity evaporation. USDe de-peg on […]
Ethereum’s Hidden Bull setup is strengthening as it holds a rising trendline support, with bullish derivatives data indicating a potential breakout toward $4,958.75. This pattern suggests over 75% recovery from current levels near $2,797, driven by higher lows and increasing buyer interest. ETH maintains rising trendline support amid a Hidden Bull structure targeting $4,958.75. Derivatives […]