Coinedition
Ethereum’s large daily transactions exceed 10,000, the highest since August. ETH market cap now tops Netflix and Johnson & Johnson. Ethereum poised for a breakout, pending rate cuts and yield drops.
Bhutan sells $33M BTC as part of a profit-taking strategy amid the Bitcoin rally. Government holds 12,206 BTC, potentially preparing for more sales if prices rise. Recent Bitcoin surge could lead Bhutan to sell more assets, boosting reserves.
Meme coins like WIF and FLOKI see strong gains, signaling increased demand. TURBO and BOME show steady growth, making them prime Coinbase listing candidates. Cross-chain meme coins like $NEIRO and $DEGEN expand beyond Solana and ETH.
Binance CZ and Vitalik Buterin are exploring decentralized technologies to transform scientific research funding and collaboration. CZ studied biotech and leveraging crypto to accelerate DeSci development. Brian Armstrong supports ResearchHub to foster open scientific collaboration.
Bitcoin’s dominance drop to 59.74% hints at a potential altseason, with investors turning to promising altcoins like Optimism and Celestia. Despite Bitcoin’s dip, positive funding rates and high Fear and Greed Index show investor confidence, driving interest in altcoins. Optimism, Celestia, and Bittensor gain traction as Bitcoin consolidates, signaling a strong outlook for selective altcoin growth.
Solana leads investor interest with 38.79% market share despite price dip. Base Protocol and Ethereum show growing, volatile interest in decentralized finance. Emerging players like Toncoin and Sui gain momentum in the blockchain ecosystem.
18 US states filed a lawsuit against the SEC and Chair Gary Gensler. The lawsuit questions the SEC’s unauthorized expansion of authority. Ripple CLO slams Gensler’s legacy, which he says will become an unfortunate footnote.
Bitcoin ranks seventh in the list of coins with highest mentions across social media. Meme coins PNUT, PEPE, and DOGE have claimed the top 3 positions. NUX and COIN are up 57.80% and 42.71% in the past week.
