Tether just axed USDT support on five blockchains in a calculated move to trim fat from its multi-chain footprint. The stablecoin giant is shedding legacy chains to focus on networks that actually move volume, signaling where stablecoin liquidity is heading. USDT issuer Tether announced on July 11 it will discontinue support for its stablecoin on…
Andrew Leone and Joe Clark built some of DeFi’s most groundbreaking derivatives. Now, they’re taking that expertise to Coinbase, and the implications for onchain markets could be massive. On July 11, crypto exchange Coinbase announced it had poached Opyn’s core leadership team, including CEO Andrew Leone and Head of Research Joe Clark, in a talent-focused…
Omni Network took the cryptocurrency market by storm on Friday, with the native token pumping a staggering 200% as it outpaced the top 500 coins by market capitalization. As the crypto market revelled in the wake of Bitcoin (BTC) touching a new all-time high above $118k, the Omni Network (OMNI) crypto bid to steal the…
BTC’s latest breakout didn’t just set new records, it wiped out tens of thousands of traders in one of the most brutal short squeezes the market has seen in years. Fueled by rising momentum and institutional demand, Bitcoin (BTC) has been on the rise over the past few days, surging to a new all-time high…
U.S. stocks slipped on Friday, with the Dow Jones Industrial Average opening 250 points lower following President Donald Trump’s 35% tariff against Canada. With stocks having reached new all-time highs in recent weeks, trading on July 11 was largely a reaction to fresh trade war concerns. As the Dow fell 250 points, the S&P 500…
When the Ethereum Foundation offloads ETH, markets flinch. But this time, they handpicked SharpLink as the buyer. Behind the $25.7 million transaction lies a deeper narrative about staking, institutional alignment, and Ethereum’s next phase. On July 11, Minneapolis-based iGaming giant SharpLink Gaming announced it had closed a direct on-chain purchase of 10,000 Ether (ETH) tokens…
The crypto market gained steam on Friday, July 11, with Bitcoin and most altcoins jumping by over 5%. Bitcoin (BTC) surged to nearly $120,000, while the crypto Fear and Greed Index moved to the greed zone of 65. The total market capitalization of all coins jumped to over $3.6 trillion. Why crypto is up today…
Europe’s securities watchdog ESMA has warned crypto companies not to falsely promote their MiCA-regulated status to avoid misleading investors. The European Securities and Markets Authority issued a warning to crypto companies on Friday, urging them not to use their regulated status under the EU’s MiCA framework, as a promotional tool, as initially reported by Reuters….
The cyber attacker who looted millions from GMX’s V1 GLP pool earlier this week has turned a new leaf, and the stolen funds are now making their way back. According to on-chain movements flagged by PeckShield Alert, the GMX hacker has returned a total $37.5 million worth of the stolen assets to the protocol. Made…
Pi Network price remained in a tight range this week, even as Bitcoin and other altcoins surged. Pi Coin (PI) was trading at $0.4900 on Friday, July 11, a few points above this week’s low of $0.4530. Still, there are several reasons why the coin is on the verge of a bullish breakout. First, data…
