π Former Ethereum treasury-themed company ETHZilla has dropped the βEthereum treasuryβ label and will rename itself Forum Markets, trading on Nasdaq under the new ticker FRMM starting March 2. This shift marks a transition from an βETH-on-balance-sheetβ strategy to tokenized real-world assets (RWA). The decision follows a significant pullback from its 2025 high, investor exits, and reduced crypto asset exposure. The stock rose 13.3% to $3.91 after the rebranding announcement but is still down about 96% from its peak last August. #rwa link
π³ Decentralized derivatives platform Lighter reported that a recent whale attempt to squeeze ARC longs failed. The trader built a significant long position relative to market size, with around 600 other traders and market makers opposing them, pushing open interest to $50 million USDC. The whale ultimately lost about $8.2 million USDC, while LLP losses were limited to around $75,000 USDC, and short-side traders who took risk made profits. link
π The Office of the Comptroller of the Currency (OCC) has released a proposal for implementing the GENIUS Act, seeking public feedback.
Regulation The Block link
Regulation The Block link
π΅οΈ About 11.2 billion PUMP (around $21.22 million) was transferred to Kraken about one hour ago from a wallet linked to the Pump core treasury, representing roughly 1.12% of PUMPβs total supply.
The same wallet previously received 20 billion PUMP (about 2% of total supply) from the Pump core treasury when PUMP was first listed last July.
Alliance core builder Jacob Franek posted that the Pump fun team is distributing locked tokens today to selected parties, including Alliance, and that all such tokens are subject to vesting restrictions. link
The same wallet previously received 20 billion PUMP (about 2% of total supply) from the Pump core treasury when PUMP was first listed last July.
Alliance core builder Jacob Franek posted that the Pump fun team is distributing locked tokens today to selected parties, including Alliance, and that all such tokens are subject to vesting restrictions. link
π¬π§π½ The chairman of the UK Security Committee is calling for a temporary ban on political donations in $CRYPTOCURRENCY, citing concerns about foreign interference. link
Forwarded from Elite Trade Signals β Crypto | Forex | Gold
Forwarded from Elite Trade Signals β Crypto | Forex | Gold
π An anonymous trader used a new wallet to bet $50.7K that Axiom would be accused of insider trading, with odds at only 15.1%.
This sparked speculation about potential inside information, leading many traders to follow his bet and push Axiom's odds even higher than Meteora.
He then closed his position and made $39K in one day. link
This sparked speculation about potential inside information, leading many traders to follow his bet and push Axiom's odds even higher than Meteora.
He then closed his position and made $39K in one day. link
π₯· The Liquidity Drain: Is the Crypto Market Running Dry?
βWithout a stabilization in stablecoin reserves and a return of active participants, the "pain" is likely to persist. Watch the $50B USDT level - itβs the last line of defense.β #stablecoin link link
βWithout a stabilization in stablecoin reserves and a return of active participants, the "pain" is likely to persist. Watch the $50B USDT level - itβs the last line of defense.β #stablecoin link link
π€ The legislative assembly of the state of Indiana has approved a bill that opens up opportunities for investments in cryptocurrency within key state pension and savings plans. The bill now awaits final approval from the governor. link
π°πββοΈ Dragonfly managing partner Haseeb announced that the firm has raised $650 million for Fund IV and now manages approximately $4 billion in assets in a post titled βHow to Build a Venture Capital Firm.β Former co-founder Alexander Pack publicly responded, stating he and Bo Feng co-founded Dragonfly over a year prior to Haseeb's hiring and had already made significant investments, accusing Haseeb of βrewriting history.β Haseeb countered that before his arrival, Dragonfly βhad never led a dealβ and functioned as a fund of funds. link