News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
- YFI surged 7.78% in 24 hours amid DeFi sector turbulence, despite a 50.04% annual decline. - BI DeFi launched new yield plans to stabilize returns amid regulatory uncertainty and investor wariness. - DeFi Technologies faces a class-action lawsuit after a 20% revenue drop and a 27.59% stock plunge. - Balancer DAO’s $8M recovery plan highlights systemic DeFi risks, including 83–95% inactive liquidity. - Analysts stress the need for regulatory clarity and tech improvements to stabilize the volatile DeFi mar
- ZEC rose 5.45% in 24 hours but fell 26.99% weekly amid Grayscale's ZEC ETF filing with the SEC. - Whale activity shows $25M ZEC short exposure with $3. 3M unrealized gains, signaling growing bearish pressure. - Grayscale's ZEC ETF aligns with institutional altcoin adoption trends, following recent approvals for XRP , SOL, and DOGE . - Analysts anticipate ETF approval within months, potentially boosting ZEC's institutional adoption despite short-term volatility.
- ALGO rose 2.52% in 24 hours to $0.1421, a short-term rebound amid a broader bearish trend. - Despite a 4.1% monthly gain, ALGO fell 57.49% annually, reflecting altcoin market volatility and macroeconomic pressures. - Analysts predict near-term consolidation as traders assess market conditions and regulatory updates, urging caution and focus on fundamentals for long-term strategies.
- Momentum (MMT) price surge driven by social media sentiment and retail investor behavior, mirroring 2021 GameStop frenzy. - Academic studies link social media sentiment to short-term stock price spikes, but warn of disconnect from financial fundamentals. - Overconfidence and herd behavior in retail trading amplify speculative bubbles, risking abrupt corrections when sentiment shifts. - Regulatory scrutiny grows as social media-driven markets challenge traditional finance models and market stability.
- 12:44The Ethereum Fusaka upgrade will be activated in approximately 9 hours.Jinse Finance reported that the Ethereum Fusaka upgrade will be activated in about 9 hours (UTC time December 3rd, 21:49:11; UTC+8 December 4th, 05:49:11). This upgrade will take place simultaneously on both the Ethereum consensus layer and execution layer, enhancing Ethereum's ability to process large-scale transactions from various Layer2 networks. The block gas limit will be increased to 60 million, and the BPO forks will pave the way for subsequent blob parameter adjustments. It is expected to reduce L2 fees by 40% to 60%, making the L2 user experience faster and more cost-effective.
- 12:38Circle's native USDC and Cross-Chain Transfer Protocol officially launch on StarknetAccording to an official announcement reported by Jinse Finance, native USDC from Circle and the Cross-Chain Transfer Protocol (CCTP) have officially launched on Starknet.
- 12:38A certain whale withdrew 171 BTC from an exchange after one year of inactivityAccording to Jinse Finance, OnchainLens monitoring shows that a certain whale, after being inactive for one year, has withdrawn 171 BTC from an exchange, valued at $15.79 million.