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Jito becomes largest protocol on Solana with $1.4 billion in TVL
Jito becomes largest protocol on Solana with $1.4 billion in TVL

Jito has become the largest DeFi protocol on the Solana blockchain. Jito now holds 10 million SOL ($1.4 billion) in total value locked.

The Block·2024/05/02 13:34
JPMorgan maintains 'cautious' stance on crypto markets over the near term
JPMorgan maintains 'cautious' stance on crypto markets over the near term

JPMorgan analysts maintain a ‘cautious’ stance on crypto in the near term due to a lack of positive catalysts and declining retail investor interest.Last month, the analysts said the bitcoin price is expected to fall post-halving as the event was already priced in.

The Block·2024/05/02 12:46
Here’s Why Dogecoin (DOGE) Might be Gearing up for a “Massive Bull Run:” Analyst
Here’s Why Dogecoin (DOGE) Might be Gearing up for a “Massive Bull Run:” Analyst

“Over the years, Dogecoin appears to mirror its previous bull cycles! All you need is a little bit of patience,” the analyst argued.

Cryptopotato·2024/05/02 11:46
Bitcoin options positioning anticipates summer slowdown, analyst says
Bitcoin options positioning anticipates summer slowdown, analyst says

Bitcoin derivatives traders are bracing for a summer slowdown in market activity, according to an analyst.

The Block·2024/05/02 10:04
Bitcoin (BTC) Price Decline, Shiba Inu (SHIB) Advancements, Ripple (XRP) Price Predictions: Bits Recap May 2
Bitcoin (BTC) Price Decline, Shiba Inu (SHIB) Advancements, Ripple (XRP) Price Predictions: Bits Recap May 2

BTC fell well below the $60K mark, SHIB burn rate experienced a significant increase, while XRP remained steady amid the market havoc.

Cryptopotato·2024/05/02 10:01
AltLayer introduces reALT token in second phase of staking program
AltLayer introduces reALT token in second phase of staking program

AltLayer has introduced its restaked ALT (reALT) token as the rollup platform begins the second phase of its staking program. Restaked ALT is an auto-compounding ERC-20 token issued to users staking ALT in AltLayer’s main staking pool.

The Block·2024/05/02 09:58
Spot bitcoin ETFs record largest daily net outflows ever
Spot bitcoin ETFs record largest daily net outflows ever

The U.S. spot bitcoin ETFs recorded their largest net daily outflows on Wednesday, with $563.7 million leaving the funds, according to SosoValue data.Fidelity’s FBTC saw $191 million moved out of the fund, exceeding the $167.3 million net outflow recorded by Grayscale’s GBTC.BlackRock’s IBIT saw its first net daily outflow.

The Block·2024/05/02 05:16
Aave Labs debuts V4 roadmap in series of governance proposal
Aave Labs debuts V4 roadmap in series of governance proposal

Aave Labs unveiled its plans for Aave V4, holding up its long list of new and improved protocol features up to public scrutiny.

The Block·2024/05/02 00:04
Memecoins look to be getting a second life
Memecoins look to be getting a second life

Pump.fun reached over $5 million in revenue in under two months and its daily revenues peaked in early April. The memecoin sector looks to be getting a second life this past week. This is an excerpt from The Block’s Data & Insights newsletter.

The Block·2024/05/01 19:16
Flash
17:04
「White-Haired Stock God」 List Plunges, Top Pick Stock SIVE Drops by 14.4%
BlockBeats News, June 10th, according to Bitget market data, the "White-Haired Stock God" Serenity's recommended stock list suffered a crash, with its heavy-weight recommended stock SIVE dropping by 14.4%; others including AXTI dropping by 15.2%, AEHR dropping by 10%, AAOI dropping by 17%, HPS.A dropping by 6.7%, SOI dropping by 10.4%, NVTS dropping by 13.8%, NBIS dropping by 6.5%.
16:59
SK Hynix and Samsung Electronics Plummet on trade.xyz, South Korean Stock Index Shows Poor Performance
On June 10, following a significant drop in the U.S. stock market, SK Hynix on trade.xyz fell by 10.85% from its intraday high, currently priced at $1,340. Samsung Electronics also saw a decline of 9.4% from its intraday high, now at $197.11. The Tradfi market does not have a concept of 'suspension,' with 24-hour continuous trading providing a reference for today's actual stock market opening, and the South Korean KOSPI index opened with a pessimistic outlook.
16:04
In the last 24 hours, the entire network has seen $368 million in liquidations, with the majority coming from long positions.
BlockBeats News, June 10th, according to Coinglass data, the entire network liquidated $368 million in the past 24 hours, with long liquidations totaling $284 million and short liquidations amounting to $83.93 million.
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