PancakeSwap surpasses Tether with $24.6M daily revenue, driven by record $10B trading surge
PancakeSwap captures nearly half of DeFi trading with $10 bilion daily volume.
Oluwapelumi Adejumo 1 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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Oluwapelumi Adejumo 1 min read Latest insights
Crypto Equities
Ark Invest sells nearly $100M in Circle shares in the last 2 days
Ark ETFs slash Circle holdings as stablecoin issuer sees stock dip.
Ethereum
Over $91B in staked ETH makes Ethereum nearly impossible to attack
Nearly one-third of Ethereum's supply staked, solidifying network security.
ETFs
Bitcoin ETFs heat up with $1.7 billion inflows as Middle East tensions return
Spot Bitcoin ETFs have seen strong inflows in June, as geopolitical tensions in the Middle East reignited demand.
Bitcoin
Strategy now holds 592,100 Bitcoin, less than 20K BTC behind Binance
Strategy inches closer to Binance with $1 billion Bitcoin purchase funded by its preferred stock offerings.
Mining
Bitcoin hashrate hits new high of 943 EH/s as difficulty adjusted down 0.45%
Rising hashrate surpasses expectations despite declining mining rewards.
Bitcoin
Over $1.1B liquidated amid Middle East conflict with Bitcoin, Ethereum hit hardest
Binance leads with $456 million in liquidations post-Israeli airstrike.
Derivatives
Ethereum leads $336M liquidation wave with heavy long losses
Ethereum's pullback led to over $113 million in liquidations, driving the majority of a $336 million wipeout across the market.
Alpha
Bitcoin hashrate up 40% this year as miners keep scaling
A near 40% YTD surge in hashrate has miners bracing for another difficulty rise this week.
Ethereum
Ethereum open interest hits all-time high as price rises to 4-month high
Market observers have pointed out that Ethereum's rising open interest is driven by institutional demand.
Macro
Bitcoin jumps near $110k after US inflation data shows signs of cooling
Bitcoin nears record highs as inflation cools, though shelter costs continue to increase.
Ethereum
Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge
Binance and Coinbase secure over 15% of staked ETH, spotlighting centralized staking influence.
Solana
Solana snaps out of June slump with a 9% spike
Solana’s rapid climb this week helped erase its recent losses, as macro tailwinds and Bitcoin’s rally pulled the market out of its slump.