USDC Treasury Burns Over 127 Million Tokens
The USDC Treasury has reportedly burned 127,418,527 USDC, valued at approximately $127.5 million, according to Whale Alert.
Token burns reduce the circulating supply and can be part of normal stablecoin supply management.
This is not any financial advice.
The USDC Treasury has reportedly burned 127,418,527 USDC, valued at approximately $127.5 million, according to Whale Alert.
Token burns reduce the circulating supply and can be part of normal stablecoin supply management.
This is not any financial advice.
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π Hyperliquid ($HYPE) Draws Fresh Market Attention
$HYPE remains in an uptrend on the daily chart as Hyperliquid continues to attract attention across the crypto market.
A recent development is its inclusion in a U.S. crypto index ETF, where $HYPE has a 3.4% weighting. This places it among the larger holdings in the index alongside major crypto assets.
The move adds another notable development to Hyperliquidβs growing market presence.
This is not any financial advice.
$HYPE remains in an uptrend on the daily chart as Hyperliquid continues to attract attention across the crypto market.
A recent development is its inclusion in a U.S. crypto index ETF, where $HYPE has a 3.4% weighting. This places it among the larger holdings in the index alongside major crypto assets.
The move adds another notable development to Hyperliquidβs growing market presence.
This is not any financial advice.
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πΉ Pyth Network Introduces 24/7 Company Indices
Pyth Network has announced a new batch of 24/7 indices providing continuous pricing data for major companies, including Amazon, Meta, Palantir, and Oracle.
The update expands access to around-the-clock financial market data and adds another development to the evolving connection between traditional markets and crypto infrastructure.
This is not any financial advice.
Pyth Network has announced a new batch of 24/7 indices providing continuous pricing data for major companies, including Amazon, Meta, Palantir, and Oracle.
The update expands access to around-the-clock financial market data and adds another development to the evolving connection between traditional markets and crypto infrastructure.
This is not any financial advice.
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πΉ BIS Tests XRP Ledger for Data Verification
The Bank for International Settlements (BIS) has tested the XRP Ledger (XRPL) as a public verification layer for economic statistics.
The project uses blockchain technology to create a permanent record that can help verify whether published datasets have been changed after release.
This is not any financial advice.
The Bank for International Settlements (BIS) has tested the XRP Ledger (XRPL) as a public verification layer for economic statistics.
The project uses blockchain technology to create a permanent record that can help verify whether published datasets have been changed after release.
This is not any financial advice.
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Spot Bitcoin ETFs See $236.5M in Outflows
U.S. spot Bitcoin ETFs recorded approximately $236.5 million in net outflows on September 1, signaling a broader pullback across the market.
Fidelityβs spot Bitcoin ETF saw around $43.7 million withdrawn, while BlackRockβs fund accounted for the largest share of the total outflows during the session.
This is not any financial advice.
U.S. spot Bitcoin ETFs recorded approximately $236.5 million in net outflows on September 1, signaling a broader pullback across the market.
Fidelityβs spot Bitcoin ETF saw around $43.7 million withdrawn, while BlackRockβs fund accounted for the largest share of the total outflows during the session.
This is not any financial advice.
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Robinhood Chain Sees Strong Memecoin Activity
Robinhood Chain, launched in early July, quickly gained attention as memecoin activity increased during its first month.
High transaction volumes continued into August. On August 31, reports indicated that Robinhood Chain accounted for roughly 75% of the total volume on , a platform known for memecoin trading activity.
This is not financial advice.
Robinhood Chain, launched in early July, quickly gained attention as memecoin activity increased during its first month.
High transaction volumes continued into August. On August 31, reports indicated that Robinhood Chain accounted for roughly 75% of the total volume on , a platform known for memecoin trading activity.
This is not financial advice.
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RWA Perpetual Futures Surpass $2T in Q3 Trading Volume
RWA (Real-World Asset) perpetual futures continued to attract significant activity in the crypto market during Q3.
According to Cryptorank data, cumulative Q3 trading volume has surpassed $2 trillion, already exceeding the $1.2 trillion recorded in Q2. Activity also accelerated through the quarter, with July marking a particularly active period.
This is not any financial advice.
RWA (Real-World Asset) perpetual futures continued to attract significant activity in the crypto market during Q3.
According to Cryptorank data, cumulative Q3 trading volume has surpassed $2 trillion, already exceeding the $1.2 trillion recorded in Q2. Activity also accelerated through the quarter, with July marking a particularly active period.
This is not any financial advice.
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The Ethereum Foundation has released its review of HegotΓ‘, a planned major Ethereum network upgrade. The Protocol Cluster assessed 62 proposed Ethereum Improvement Proposals (EIPs), providing ratings and analysis to help determine which proposals may move forward.
This is not any financial advice.
This is not any financial advice.
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