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Robinhood Chain Volume Pushes Uniswap’s UNI Burn Past $250M a Year
Uniswap founder Hayden Adams says the protocol’s annualized UNI burn rate has passed $250 million, up from the $200 million pace he flagged days earlier. From $200M to $250M in a Single Post Adams marked the milestone with a simple…
Trader Wins 26 Bets in a Row; Zcash and Strategy Shorts Are Bleeding
A Hyperliquid trader with 26 consecutive wins is $5.3 million underwater on an $18.95 million ZEC short, with liquidation at $1,317, roughly 10% above where zcash trades currently. $1,317 Is the Number on the Screen A Hyperbot dashboard…
Zcash’s $1,200 Push Sustains, Sending Garrett Jin’s Short $25.7M Underwater
ZEC has pushed past $1,200, and its largest short seller on Hyperliquid, Garrett Jin, is sitting on a $25.7 million paper loss on a position opened at $444. The Position, Line by Line Onchain analyst EmberCN posted the tally as ZEC printed…
Ripple CEO Says BIS Testing With XRP Ledger Is No Surprise to Him
Ripple CEO Brad Garlinghouse said a BIS research team’s decision to test the XRP Ledger was unsurprising, citing its fees, speed, and record. The experiment used XRPL to help authenticate official statistical datasets. Garlinghouse…
Bukele Denies El Salvador Transferred Its Bitcoin Reserve
President Nayib Bukele denied claims that El Salvador was ceding control of its strategic bitcoin reserve to a private operator, calling these allegations “totally false.” Bukele stressed that only Chivo Wallet shares were…
AMC CEO Demands Robinhood Halt Token Trading as Feud Erupts
AMC Entertainment CEO Adam Aron has called on Robinhood to stop trading a token linked to AMC shares, triggering a sharp public exchange with Robinhood CEO Vlad Tenev. The dispute has spilled into crypto markets, where tokenized AMC is…
Ethereum Price Holds Firm as Mystery Whale Dumps 167,855 ETH
The unidentified ethereum whale that began routing 167,855 ETH to exchanges in late August has now sold the entire $408 million stack, and ether is up anyway. Five Days, Three Updates The wallet’s first movements were tracked on Sept.…
Fidelity Isn’t Calling a Bottom yet Despite Bitcoin Price Rally
Fidelity Digital Assets says bitcoin’s best month since November 2024 is not proof the bear market is over, and its research chief is keeping November 2026 circled as a possible date for a fresh low. A Rally Without a Verdict In its…
Bitcoin Is Trading Like Gold Again, Bitwise Says the Last Time Was 2020
Bitcoin’s 90-day correlation with gold has climbed to its highest level since the 2020 stimulus wave, according to Bitwise, and the firm’s chief investment officer says the $40 trillion U.S. debt pile leaves investors with two…
Brazil Crypto Purchases Plummet 80% in July to $572 Million
Demand for crypto assets fell sharply in July, as the Central Bank of Brazil’s numbers indicate that crypto investments reached only $572 million. This represents an 80% month-on-month decline as exchanges adapt to new anti-money…