Solana’s Jito Proposes Routing 100% of Block Engine Fees to DAO Treasury
Jito Labs proposed a new governance proposal on Tuesday, called JIP-24, aimed at decentralizing the network further by routing all its Block Engine and Block Assembly Marketplace (BAM) fees directly to the Jito DAO treasury. If approved, the DAO would assume control over protocol revenue streams, directing them to...
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FinCEN Warns Financial Institutions of Crypto Kiosk Scams
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to watch for suspicious activity tied to crypto kiosks.d These convertible virtual currency (CVC) kiosks, which allow users to access and transact in cryptocurrency, offer consumers a simple way to buy crypto, the money...
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CoinDesk 20 Performance Update: AAVE Declines 2.1% as Index Trades Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3823.76, down 0.2% (-7.53) since 4 p.m. ET on Monday. Eight of 20 assets are trading higher. Leaders: POL (+6.4%) and LTC (+4.6%)....
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Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark
Semler Scientific (SMLR) is trading just above the market value of its bitcoin holdings, with a market NAV (mNAV) of 1.04, highlighting what broker Benchmark calls a significant valuation disconnect. Markets, argued analyst Mark Palmer following the company’s second quarter earnings yesterday, are giving “virtually no credit for [Semler’s]...
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Nasdaq, S&P 500 eye gains as stocks rebound
Wall Street opened higher on Tuesday as stocks looked to extend the positive start to the week, with earnings in focus as investors continued to monitor the macroeconomic environment. The S&P 500 had added 0.1% and Nasdaq Composite was edging…...
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Coinbase eyes $2b raise in private markets after weak Q2 print
Coinbase, still reeling from its Q2 revenue slide, plans to sell $2 billion in convertible debt to institutional buyers. The private placement, split between 2029 and 2032 maturities, lets the exchange tap Wall Street’s deep pockets without inviting a retail…...
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BTC’s Path to a New ATH: Key Obstacles You Need to Watch (Bitcoin Price Analysis)
Bitcoin’s ability to hold above the $112K support level, despite macro uncertainties, signals a strong market structure and demand. While near-term volatility may persist, especially around the $116K retest zone, a sustained breakout from the current consolidation could pave the way for a renewed bullish rally. Technical Analysis By...
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Blockchain-focused Figure Technology joins crypto IPO wave with SEC filing
Public markets provide new fundraising avenues for blockchain companies, enabling them to tap into capital from traditional markets....
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Here’s When You’ll Know If A Bitcoin, Ethereum Rally In Q4 Is Coming
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) could see a strong end to the year, according to fresh technical analysis by a prominent market observer. What Happened: Pseudonymous analyst Virtual Bacon stated that a Q4 rally hinges on whether August’s uncertainty clears by September. He highlights Bitcoin dominance as...
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Shiba Inu Open Interest Crashes From $328 Million July Peak To $190 Million, What’s Going On?
Shiba Inu’s Open Interest (OI) has crashed from its July peak, sparking a bearish sentiment for the foremost meme coin. This development has coincided with the recent crypto market crash, as investors choose to wait on the sidelines amid market uncertainty. Shiba Inu’s Open Interest Crashes To $190 Million...
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