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Volatility in the crypto market has caused over $280 million in short liquidations over the past 24 hours.Ether positions saw almost $98 million in liquidated shorts after ETH surged over 22% in a day.
Analysts dramatically raised the odds of spot Ethereum ETF approvals yesterday amid signs of a 180 from the Securities and Exchange Commission.Last week’s Senate vote to overturn the SEC’s Staff Accounting Bulletin 121 could be behind a potential emerging alliance between Wall Street, crypto and Washington.
Open interest for ether futures on centralized exchanges has reached a new high — hitting $14 billion.The rise in open interest coincides with an 18% increase in the price of ether to $3650 in the last 24 hours.
- 14:48Crypto x AI company Reppo Labs completes $2.2 million financingAccording to Chainwire, Crypto x AI company Reppo Labs has announced the completion of a $2.2 million financing round, with participation from Protocol Labs, CV VC, CMS Holdings and others, some of which was raised on Echo.xyz. The new funds will be used to develop key infrastructure that enables data owners to collaborate without permission with AI developers and agents on niche datasets. Reppo Labs was spun off from Protocol Labs Venture Studio in March 2024. Reppo is a permissionless network that promotes seamless collaboration between AI developers and data owners through shared intent and intellectual property (IP) ownership. Reppo introduced "Pods", sovereign human-machine collectives acting as inference DAOs, allowing individuals or groups to manage and monetize AI assets.
- 14:37Data: 1800 Bitcoins have been transferred from CEX to an unknown walletAccording to Whale Alert, 1800 Bitcoins (approximately 185 million US dollars) have been transferred from CEX to an unknown wallet.
- 14:36Transfer 5611 ETH to the CEX hot wallet address in grayscaleAccording to Arkham monitoring, about 2 minutes ago, Grayscale transferred 5611 ETH to the CEX hot wallet address, worth 19.13 million US dollars.