CRV experienced a significant surge of over 7.6% following the purchase of more than $2 million worth of the token by Justin Sun, the founder of the Tron blockchain. On the other hand, ETH and SOL maintained a slightly negative trend, despite witnessing some upward movement in the past few hours.
MicroStrategy is considering selling up to $750 million worth of its stock, with the potential intention of acquiring BTC. As a result of this announcement, the price of bitcoin experienced a surge.
Curve CEO Michael Egorov has committed to allocate 34% of CRV's total market cap as collateral for loans across various DeFi protocols. This decision raises concerns as a compelled liquidation could lead to selling at a time when prices are already in decline.
The stability of DeFi as a whole is at risk due to the mounting pressure on Curve Founder Michael Egorov's $168M holdings. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet have excitedly unveiled a limited edition sale of 500 collectible cards – exquisitely crafted from 50 grams of pure silver.
The CRV/KRW trading pair, available on South Korea's Bithumb exchange, has demonstrated a notable decoupling from the CRV/USD pairs listed on Western exchanges, which are showing signs of price weakness.
UNI perpetual futures are trading at a 20% premium as traders anticipate Uniswap gaining an even larger market share following the CRV exploit, according to a leading research analyst.
The CEO of SynFutures believes that BTC's recent drop below a crucial price level after a month is merely a short-term anomaly caused by the dynamics of derivatives trading data.
The founder of Morgan Creek Capital Management anticipates that Bitcoin will equal the valuation of gold.
The circulation of Maker's DAI stablecoin has decreased by 33% in the past year
Despite Meta's pivot costing the social media giant billions of dollars, the company's founder and CEO, Mark Zuckerberg, remains steadfast, stating that they are not giving up on the metaverse anytime soon.