With over $12.2 billion in Total Value Locked (TVL), EigenLayer is one of the leading Ethereum (ETH) restaking protocols. Despite this, the company behind it, Eigen Labs, has recently cut a significant portion of its staff to prioritize different areas. Although accompanied by a nice severance package, this turn of events is not unfamiliar to…
Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg. On July 9, Bitcoin (BTC) surged over 2% to trade just above its prior all-time…
Key Takeaways The SEC has delayed its verdict on in-kind creations and redemptions for BlackRock’s proposed spot Ethereum ETF. BlackRock’s ETF would enable share creation and redemption using Ethereum tokens directly, pending regulatory approval. Share this article The SEC has extended its timeline to rule on Nasdaq’s proposal to enable BlackRock’s spot Ethereum, the iShares…
Injective Protocol is trending as the daily active addresses soar 10X from January 2025. INJ crypto prices are flat, but the EVM testnet release may drive the coin above $12. The second quarter of 2025 has been a dynamic period for Injective Protocol, a layer-1 blockchain optimized for decentralized finance (DeFi). Despite the total value…
US President Donald Trump continues to state that the nation’s central bank keeps the interest rates too high and urged for another cut. Unlike the previous similar occasions, though, he was rather radical this time, claiming that the Federal Reserve needs to slash the rates by at least three points. First, President Trump mentions that…
Nasdaq leads stock market gains as Nvidia becomes the first ever company to reach a $4 trillion valuation. Major U.S. stock indices rose on Wednesday, July 9, as tech stocks offset macroeconomic uncertainty stemming from new tariff threats. The Dow Jones Industrial Average climbed 136.07 points, or 0.31%, while the S&P 500 added 0.36%. The…
Key Takeaways Linda Yaccarino is stepping down as CEO of X after a two-year tenure. Her departure coincides with X’s upcoming Grok 4 launch and a strategic shift toward artificial intelligence initiatives like xAI. Share this article X CEO Linda Yaccarino announced Wednesday that she will be leaving her post, bringing her two-year run at…
The primary question surrounding Solana’s price analysis this week is whether it can reach $200 in the short term. SOL is currently trading at around $152.50 and is up a modest 1.5% in the past 24 hours. SOL currently faces heavy resistance at $164 and will need to push through this level to entertain any…
[PRESS RELEASE – Dubai, United Arab Emirates, July 9th, 2025] MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has opened the waitlist for its highly anticipated $MBG Token, ushering in a new era that bridges traditional finance and blockchain technology. The presale will take place in July 2025, with priority access now…
The Tokyo-based firm is doubling down on its Bitcoin strategy, now setting its sights on growing its reserve to the thousands. According to a July 9 disclosure, Remixpoint has secured 31.5 billion yen, worth approximately $215 million, through its latest round of financing. Every yen of the funds will go toward buying more Bitcoin (BTC) purchases,…
