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Stellar price remains inside a bullish setup after its recent breakout, but record exchange balances and fading momentum hint that gains could take longer to arrive.
A $300 million crypto scam has left 1,200+ investors in Mexico and the US without funds, as authorities pursue suspects in a cross-border probe.
Quick Take A wallet linked to Ethereum Foundation has sold roughly 2,795 ETH, worth about $12.7 million, late Tuesday night, according to Lookonchain. Ethereum surged more than 7% in the past 24 hours to trade above $4,500 on Tuesday.
Chainlink jumped 10.5% to $24.2 following a strategic partnership with Intercontinental Exchange and hitting $93 billion in Total Value Secured. The rally positions LINK to potentially break five-month resistance at $25.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Grayscale debuts DeepBook and Walrus trusts, granting accredited investors direct exposure to foundational Sui blockchain tokens DEEP and WAL as both tokens post gains.
- 19:02BlackRock executive Rick Rieder emerges as a top candidate for Federal Reserve ChairmanAccording to a report by Jinse Finance, a U.S. government official revealed that Rick Rieder, a senior executive at BlackRock, has risen in the ranks among contenders for the position of Federal Reserve Chair. The official stated that during a two-hour, wide-ranging meeting held in New York on Friday, U.S. Treasury Secretary Bessent and Rieder engaged in in-depth discussions on topics including monetary policy, the structure of the Federal Reserve, and regulatory policy. So far, Bessent has interviewed four out of the eleven publicly acknowledged candidates under consideration, emphasizing that the entire selection process is still ongoing. It is likely that one or two more candidates will be added to the list in the future. Rieder is one of BlackRock’s most senior executives, responsible for managing the company’s fixed income business. It was revealed that Bessent was impressed by Rieder’s extensive experience leading large teams in financial markets, as well as his deep understanding of both micro and macro factors affecting the economy. If Rieder were to become Federal Reserve Chair, he would bring a steady approach and an in-depth understanding of financial institutions outside the banking system. Additionally, Bessent particularly appreciates Rieder’s ability to use forward-looking frameworks to assess economic trends, rather than relying solely on lagging historical data.
- 18:13Data: If ETH falls below $4,376, the cumulative long liquidation intensity on major CEXs will reach $2.729 billions.According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,376, the cumulative long liquidation intensity on major CEXs will reach $2.729 billions. Conversely, if ETH breaks above $4,813, the cumulative short liquidation intensity on major CEXs will reach $1.01 billions.
- 17:40ETH surpasses $4,600Jinse Finance reported that according to market data, ETH has surpassed $4,600 and is now quoted at $4,601.86, with a 24-hour increase of 3.91%. The market is experiencing significant volatility, so please manage your risks accordingly.