Eddie Mitchell

1 week ago | ccn.com | Samantha Dunn |Eddie Mitchell

Key TakeawaysTrump’s family-linked firm has reduced its stake in WLFI from 75% to 40%. The WLFI token sale raised $550 million. USD1 has a $2.19 billion market cap, the fifth largest among stablecoins. The Trump Organization is slowly pulling away from the decentralized finance (DeFi) project World Liberty Financial (WLFI) as it cuts its stake to just 40% in less than a year of launching, and it is now believed to be quietly selling off its stake to third parties.

1 week ago | ccn.com | Samantha Dunn |Eddie Mitchell

Key TakeawaysBinance Smart Chain DEXs have recorded record trading volumes in the past 30 days. Pancakewap accounts for $132 billion of DEX volumes on BSC. Solana and Ethereum DEXs have recorded combined trading volumes of just over $140 billion in the past 30 days. Binance Smart Chain (BSC) decentralized exchange (DEX) trading volumes are on track to break records as they record over $150 billion in 30-day volumes.

1 week ago | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysU.S. spot Bitcoin ETFs hold $127.43 billion in total net assets, representing 6.12% of BTC’s market cap. Ethereum ETFs hold $9.94 billion in ETH, or 3.26% of its market cap. Bitcoin is trading down at $104,775; Ethereum is trading at $2,531. Investors are betting big on U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) as almost $390 million pours in on week two of a multi-billion dollar inflow streak now totalling $2.41 billion.

1 week ago | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysU.S. spot Bitcoin ETFs hold $128.48 billion in total net assets, representing 6.18% of BTC’s market cap. BlackRock’s Bitcoin ETF holds $71.42 billion in net assets. Bitcoin has been trading down 4.5% in the past week, and Ethereum has been down 9.94%. Amid mounting geopolitical tensions and a broader crypto market shakeout, BlackRock’s spot Bitcoin (BTC) exchange-traded funds (ETFs) continue to dominate, drawing fresh inflows while competitors shed hundreds of millions.

1 week ago | ccn.com | Insha Zia |Eddie Mitchell

Home / News / Crypto / News / NY Judge Rules Alex Mashinsky Won’t Get a Dime From Celsius Collapse News 2 min read Published Published Key Takeaways Celsius managed over $25 billion in crypto in 2021 before collapsing in 2022. Celsius investors are estimated to have lost around $7 billion in real value. Mashinsky will serve 12 years in prison for fraud and market manipulation charges. With a 12-year prison sentence looming, Alex Mashinsky, the former CEO of defunct crypto platform Celsius,...