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ZKsync Era's airdrop fails to halt decline in transactions and active addresses
ZKsync Era's airdrop fails to halt decline in transactions and active addresses

Quick Take The 7-day moving average of active addresses fell from over 455,000 at the end of February to just 218,000 on June 10. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2024/06/19 19:37
XRP Open Interest Spike in Response to Ripple-SEC Developments
XRP Open Interest Spike in Response to Ripple-SEC Developments

XRP’s rising OI suggests investors are opening more positions, expecting a surge in price, but volatility remains a concern.

Cryptopotato·2024/06/19 19:01
Flash
  • 2025/02/12 23:54
    Cboe BZX has submitted a modification application to the US SEC, allowing 21Shares Ethereum ETF to be pledged
    The Cboe BZX Exchange has submitted a Form 19b-4, proposing to allow the 21Shares Core Ethereum Exchange Traded Fund (ETF) to stake Ethereum, and is currently awaiting further action from the U.S. Securities and Exchange Commission (SEC). According to the document, the exchange plans to modify some terms of Amendment No. 2 of Eth ETP to allow staking of Ethereum held by the trust. Bloomberg ETF analyst James Seyffart pointed out that this is the first ETF to submit a staking application to SEC. Last year, SEC approved 21Shares Core Ethereum ETF along with those from institutions like BlackRock and Fidelity. Previously, many companies removed staking clauses from their registration statements before approval by SEC. Under former SEC Chairman Gary Gensler's leadership, SEC had stated that Proof-of-Stake (PoS) tokens are securities. However, under Trump administration, it was expected that SEC would take a more friendly stance towards cryptocurrencies and has established a crypto working group planning on classifying certain tokens as "non-securities".
  • 2025/02/12 23:37
    Musk's X company agrees to pay 10 million dollars to settle the lawsuit brought by Trump
    Insiders revealed that X Company, under Musk (formerly known as Twitter), has agreed to pay approximately $10 million to settle a lawsuit brought by Trump against the company and its former CEO. This will make X Company the second social media platform to reach a settlement with Trump. Previously, due to Trump's involvement in the "January 6th" Capitol riot, these platforms temporarily suspended his account usage. In 2021 (when Twitter was not yet acquired by Musk), Trump and other plaintiffs sued then-Twitter and its CEO Jack Dorsey. In November 2022, Musk unblocked Trump's Twitter account. According to some insiders, the Trump team had considered letting the lawsuit fade away because of Musk's close relationship with the president and his expenditure of $250 million in helping electing Trump. But they ultimately decided to proceed with a settlement. A spokesperson for X Company did not respond.
  • 2025/02/12 23:36
    U.S. White House Press Secretary: U.S. President Trump hopes for lower interest rates
    The White House Press Secretary, Levitt, stated that US President Trump hopes for lower interest rates.
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