The latest change will significantly increase fee allocation compared to the previous Stage 5 model, which had pegged allocation at 80%. The Aster DEX unveiled a huge change to its tokenomics on June 17, allocating 99% of fees generated through its platform to an ASTER token buyback, with one-to-one burns from its reserves for…
The world’s largest futures exchange operator has escalated its battle against crypto derivatives deregulation, announcing plans to take the U.S. government to court over a product it says never should have been approved. CME Files Lawsuit Against the CFTC CME Group, the world’s largest futures exchange operator, is planning to sue the Commodity Futures Trading…
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Key Takeaways Glassnode data shows bitcoin remains below major on-chain recovery benchmarks. Recent market participants continue carrying unrealized losses near 10%. A reclaim of the True Market Mean, a return of recent buyers to profitability, and renewed capital inflows would strengthen the case for a sustained recovery. Bitcoin’s Rebound Leaves Recent Buyers Under Pressure Bitcoin…
Malta’s financial regulator has proposed a new legal category for decentralized autonomous organizations as part of a consultation on how decentralized finance could be regulated under the European Union’s crypto framework. Summary Malta’s MFSA has proposed a new “software-based organization” category that would include DAOs and other DeFi entities. The regulator said many DeFi projects…
There are basically two good times to buy an espresso maker or a latte machine: Amazon Prime Day and Black Friday. That’s when these machines go on the biggest sales of any given year—including the two most popular espresso machines on earth, according to Amazon sales figures. The Breville Barista Express and the Ninja Luxe…
Will ADA crash to $0.13 in the coming days? ADA – the native token of Cardano – has been hit hard by the ongoing bear market, while recent concerning statements from co-founder Charles Hoskinson have only worsened its condition. And as holders cling to hopes of a much-needed rebound, some factors indicate that a…
AI inference company Baseten is close to finalizing a stunning $1.5 billion funding round at a $13 billion valuation, the Wall Street Journal reports. Just five months ago, the startup announced that it had raised a $300 million Series E at a $5 billion valuation. And that round was just nine months after raising a…
Key Takeaways Renewed Blackrock ETF speculation has strengthened the bullish narrative surrounding XRP. Broader adoption and settlement use cases could require a substantially higher XRP price. Institutional infrastructure developments remain a closely watched catalyst for market participants. XRP Adoption Narrative Expands Beyond ETF Speculation Speculation surrounding a potential Blackrock XRP ETF has resurfaced after Jake…
