Circle’s USDC supply reaches new ATH of $56 billion
USDCs' growth fueled Solana's stablecoin supply that skyrocketed by 138% in the last 30 days.
Oluwapelumi Adejumo 2 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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Oluwapelumi Adejumo 2 min read Latest insights
Bitcoin
BlackRock now owns 5% of Strategy’s outstanding shares
BlackRock's stake is currently worth around $3.6 billion.
DeFi
Changpeng Zhao’s X post sends BNB Chain test memecoin soaring 10,000%
One trader has amassed over $1 million profit from trading BNB Chain test token TST
Bitcoin
El Salvador bought 21 BTC last week despite new IMF deal
The country's total Bitcoin reserve now stands at 6,068 BTC, valued at over $592 million.
ETFs
Bitcoin ETFs see $340M in inflows but six out of ten funds remain flat
The uneven distribution of investments indicates that institutional confidence hasn’t fully returned.
Ethereum
Ethereum supply returns to pre-Merge levels
The Dencun upgrade caused a spike in the supply that essentially erased all post-Merge deflation.
Bitcoin
Ethereum loses momentum, falls to 5-year low against Bitcoin
Ethereum faces momentum crisis as the ETH/BTC ratio sees 77% negative trading days.
DeFi
Market turmoil slashes DeFi TVL by $15 billion in 24 hours
DeFi giants Aave, Lido, and EigenLayer were among the hardest hit by TVL drop
Crypto Equities
Trump’s memecoin rakes in $802 million yet suffers 76% drop from peak
Transaction fees for Trump's memecoin exceed $29.3 million in USDC.
Bitcoin
South Korea’s Bitcoin Kimchi premium hits 3-year high
USD conversions and limited arbitrage opportunities widened the Bitcoin premium in South Korea.
DeFi
Crypto traders lost over $24 million in Solana due to memecoin mishaps
The Solana memecoin blunders have resulted in losses surpassing the net Ethereum burned since the Merge in 2022.
Bitcoin
MicroStrategy raises $563M from oversubscribed STRK stock offering
MicroStrategy is sitting on an unrealized profit of nearly $20 billion on its Bitcoin holdings.
Exchanges
Ripple co-founder sent over $100M in XRP to exchanges in January
Larsen's transfer come as XRP's price rises to seven-year highs.