Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

The US stock market experienced a $820 billion decline in market capitalization today, while the cryptocurrency market contracted by $120 billion.

The US stock market's total market capitalization declined by $820 billion today, while the cryptocurrency sector lost $120 billion.

Evernorth submits S-4 statement to SEC to go public via merger with Armada Acquisition Corp. II on Nasdaq. - The Block

The Algorand Foundation is cutting its staff by 25%, citing a decline in cryptocurrency markets and prevailing economic uncertainty. cointelegraph

Santiment reports that projects with market capitalizations exceeding $500 million are seeing the largest weekly increases in network transaction volume for transactions of $100,000 or more.

Santiment reports the projects with the largest weekly increase in high-value transactions (over $100,000) on their networks, among those with a market capitalization exceeding $500 million.

In the past 24 hours, approximately $456 million in contracts have been liquidated in Bitcoin, with roughly $381 million in long positions and $74 million in short positions.

Approximately $456 million in crypto contracts were liquidated over the past 24 hours, with roughly $381 million stemming from long positions and approximately $74 million from shorts.

Polymarket has acquired Brahma, a cryptocurrency startup providing infrastructure for decentralized finance (DeFi). cointelegraph

A previously inactive whale has moved after seven months, spending $111.62 million in USDT to acquire 50,706 ETH at an average price of $2,201 per ETH. Meanwhile, a holder of 5,000 BTC, valued at approximately $356 million, sold an additional 1,000 BTC, amounting to roughly $71.57 million, having originally purchased these coins at $332 each over a decade ago. The seller has been liquidating BTC since November 2024, completing sales of 3,500 BTC for about $337 million at an average of $96,262 per coin. In another transaction, Owen Gooden, who previously sold 11,000 BTC for around $1.12 billion, has disposed of an additional 650 BTC valued at approximately $46.3 million.

The Bitcoin fear and greed index stands at 23, indicating extreme fear.

Bitcoin Fear and Greed Index Drops to 23 Amid Investor Concern

ETHFI surges 15% following debut on Upbit exchange. Notably, Arthur Hayes acquired ETHFI approximately five hours before the listing.
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Leading DeFi protocols see significant fee growth over the past month.

Animoca Brands acquires AVAX tokens to expand Avalanche presence in Asia and the Middle East.

U.S. Initial Jobless Claims totaled 205,000, down from 213,000 in the previous week.

Opera plans to acquire 160 million CELO to establish a significant position within the network.

CELO has risen 15% following news that triggered a surge in active token purchases. Investors are encouraged to review the updated chart for detailed insights.

CELO price rises 15% amid recent news, prompting increased token activity. Further details are available in the linked chart.

TON Capital has acquired a 60% stake in GAMEE, a subsidiary of Animoca Brands.