RECENTLY: Renowned trader “Machi Big Brother” invested 125 ETH (worth $336,800) to purchase 3.28 million 3AC tokens at an average price of $0.1028 each, according to Lookonchain.
ANALYSIS: According to DefiLlama, Shibarium's TVL jumped from approximately $1.4 million to over $4 million in the last 24 hours, marking its first time surpassing the $4 million threshold after a previous high of $3.8 million in March.
RECENTLY: Arthur Hayes, co-founder of BitMEX, increased his accumulation of meme coins last week, aiming to build a portfolio ahead of “Uptober” and seeking buying suggestions from his followers.
ANALYSIS: According to the Token Unlocks application, next week, 13 cryptocurrencies will unlock tokens, increasing supply and potentially lowering prices, with $3.4 billion set to be released in October.
RECENTLY: Authorities seized over $6 million in cryptocurrency from Southeast Asian scammers targeting U.S. citizens, with the FBI tracking the funds to multiple wallets and Tether facilitating their recovery.
JUST IN: Binance founder Changpeng Zhao (CZ) will prioritize philanthropy and long-term investments in emerging technologies, including blockchain, AI, and biotechnology, reflecting on how support during difficult times shaped his path.
ANALYSIS: Dogecoin (DOGE) whales purchased 1.4 billion DOGE worth $140 million in 48 hours, coinciding with analyst Ali Martinez's note of increased activity and Peter Brandt's potential breakout pattern.
ANALYSIS: Experts predict Bitcoin could hit $200,000 to $260,000 by late 2025 and around $400,000 in the next cycle, based on historical trends and the Bitcoin Power Law model.
ANALYSIS: Base, Coinbase's Layer 2 Ethereum network, has surpassed $2 billion in total value locked (TVL), making it the second-largest optimistic rollup after Arbitrum, with a 370% increase from $430 million this year.
RECENTLY: Coinbase has announced the addition of the upcoming Ethereum restaking project, EigenLayer (EIGEN), to its listing roadmap for transparency and to prevent insider trading.
JUST IN: Mt. Gox has extended its compensation deadline to October 31, 2025, due to delays and issues faced by some creditors during the reimbursement process.
RECENTLY: Iris Energy faces a class-action lawsuit for allegedly overstating its computing capabilities and misleading investors, covering shareholders who bought IREN securities between June 2023 and July 2024.
JUST IN: September's CPI rose 0.2%, exceeding expectations and reinforcing the likelihood that the Fed may not cut rates in November, causing Bitcoin to dip further.
