Key Takeaways Arthur Hayes sold approximately $13 million in ETH, PEPE, and ENA during a market dip. The sales included 2,373 ETH, 7.7 million ENA, and nearly 39 billion PEPE tokens. Share this article BitMEX co-founder Arthur Hayes sold approximately $13 million worth of crypto assets on Friday, including Ethereum, Ethena (ENA), and Pepe (PEPE), amid a market-wide decline, according to blockchain analytics platform Lookonchain. Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) in the past 6 hours.https://t.co/1HymJRPhcj pic.twitter.com/MoJNKUjJaQ — Lookonchain (@lookonchain) August 2, 2025The sales comprised 2,373 ETH, 7.7 million ENA, and around 39 billion PEPE tokens.…
Author: ₿e Proud
OneFootball, the world’s leading soccer media platform, is boldly stepping into the Web3 era with pre-public sales of OneFootball Credits (OFC). Co-owned by legendary clubs such as Real Madrid, FC Barcelona and Bayern Munich, one football is opening the door for fans to own true stakes in the digital future of soccer.This is not just a token sale, it’s the beginning of a move. The pre-sale will be published at 17:00 UTC on July 24th and will run until July 31st. There are only 60 million tokens (6% of total supply) for grabs (6% of total supply) at a community-first…
Bitcoin Chain Speed – The frequency at which coins travel is the lowest in 10 years. For some, it’s the red flag: Has Bitcoin lost momentum? Is it still in use?In fact, slowing speeds could be the clearest signal that Bitcoin is mature rather than stagnant. Instead of circulating like cash, Bitcoin is increasingly held like gold.Shifting functionsIn traditional economics, speed refers to how often money changes hands. It is a proxy for economic activity. In the case of Bitcoin, it tracks how often BTC passes through the chain. In the early days of Bitcoin, coins moved frequently as traders,…
Key Takeaways Fed Governor Adriana Kugler will resign on August 8 to rejoin Georgetown University. Her departure opens a Board vacancy that must be filled by a new nomination from President Trump. Share this article Federal Reserve Governor Adriana Kugler will depart the Board of Governors next Friday, August 8, to return to a faculty position at Georgetown University, the central bank said in a Friday press release.Kugler, who has served as governor since September 13, 2023, submitted her resignation letter to President Trump. During her tenure, she served on multiple committees, including the Financial Stability Committee, Federal Reserve Bank…
Crypto Market Overview: Red is dominantCrypto’s total market capitalization has plummeted over 3.2% in the past 24 hours, currently at $3.65 trillion. The drop shows a sharp continuation of the downtrend that began in late July. Almost all major altcoins glow red, with Bitcoin ($btc) and Ethereum ($eth) dragging the market low and some altcoins at deeper losses.Total crypto market capitalization chart analysisThe market capitalization was unable to retain its support of 3.72T, and now it has become a resistance. 21EMA is tilted and shows continuous bearishness. The RSI is deeply dependent on the territory sold at 27.18, suggesting a…
Crypto-exchange trade funds on US exchanges recorded the strongest month in history in July, attracting a net inflow of $12.8 billion as investors’ enthusiasm surged along with rising token prices and optimism over regulation.Data reported by Eric Bulknath of Bloomberg Intelligence shows new monthly records for this sector. The only month that approached was November 2024. This was when the market came together in the election of Donald Trump, which was widely considered to be beneficial to cryptocurrency benefits.This time, bullishness may not be driven much by politics, but by the foundation. The crypto market tracked by the Coindesk 20…
Key Takeaways American Bitcoin Corporation, backed by the Trump family, is set for a Nasdaq listing through a merger with Gryphon Digital Mining. Shareholder vote on the merger is scheduled for August 27, following SEC regulatory clearance. Share this article American Bitcoin Corporation (ABC), a Bitcoin mining firm backed by the Trump family and Hut 8, is one step closer to going public. Nasdaq-listed Gryphon Digital Mining has scheduled a shareholder vote on its proposed stock merger with ABC for August 27, SEC records show.The SEC’s approval of the Form S-4 registration statement has provided essential regulatory clearance for the…
Applied AI research company Fundamental Research Labs (formerly known as Altera) announced today that it has raised $33 million in Series A funding led by Prosus with participation from Stripe co-founder and CEO Patrick Collison. The company has a curious structure, as it is working on multiple AI applications in different fields. When it raised its seed funding, Fundamental Research Labs was developing bots that could play Minecraft with you. Today, the company has a games team, a prosumer team building apps, a core research team, and a platform team. The startup’s founder, Dr. Robert Yang, a former faculty member…
Let’s start with the elephants in the room. Galaxy Digital, one of the largest crypto investment companies, reportedly moved $2 billion worth of Bitcoin to a centralized exchange. These were not idle whales’ movements. This is an active move in batches ranging from 100-50 million dollars, and is likely intended for a liquidation position.Some analysts suspect this is due to client redemption or strategic portfolio rotation for Ethereum. Regardless of why, this act of throwing lots of Bitcoin into the market is enough to rattle sentiment and trigger vending orders across the trading desk.Bitcoin price and the shadow of the…
Weeks after the revelation that Google paid Windsurf $2.4 billion to license its technology, while simultaneously hiring away its CEO and top talent, the deal’s implications are still rattling some founders and startup employees across Silicon Valley. Google’s payment to the startup was effectively split in two equal parts, according to two people familiar with the deal. Investors’ portion was $1.2 billion. The other half was in the form of compensation packages for approximately 40 Windsurf employees hired by the tech giant with a substantial portion of that $1.2 billion going to the startup’s co-founders, Varun Mohan and Douglas Chen,…